Define: Single Family Residential Property

How is Single Family Residential Property defined in a legal contract?

• Single Family Residential Property means a developed property that primarily provides a permanent dwelling unit for a single family. This includes detached dwellings and townhouses that may have an accessory apartment or an additional dwelling unit. Seen in 12 SEC filings
• Single Family Residential Property means a Residential Property where a building permit for a single-family detached dwelling unit is expected to be issued. Seen in 9 SEC filings
• Single Family Residential Property means it can involve single-family homes, side-by-side duplexes and triplexes where units may or may not have separate titles, stacked duplexes and triplexes where units may not have separate titles, as well as townhomes, condominiums, and manufactured or modular homes. Seen in 6 SEC filings
• Single Family Residential Property means including, but not limited to, a single-dwelling unit, townhouse, accessory apartment, second dwelling unit, duplex, triplex, quadraplex, villa, or garden home. Single family dwellings attached to commercial enterprises are excluded from this definition. Seen in 5 SEC filings
• Single Family Residential Property means a detached residential structure designed to house one family or group of individuals living together and sharing the same space, but excluding multi-use properties which include single-family residential uses. Seen in 5 SEC filings

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of single family residential‍' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

Single Family Residential Property means a developed property designed primarily to house one family, including apartments, townhouses and detached dwellings.

Relevant Contract Types

• Real Estate Purchase Agreement
• Lease Agreement
• Mortgage Agreement
• Property Management Agreement

Relevant Circumstances

• Buying or selling a single-family residential property
• Leasing a single-family residential property
• Managing a single-family residential property
• Financing a single-family residential property

Relevant Sectors

• Real Estate
• Property Management
• Banking and Finance

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Genie Definition 2

Single Family Residential Property means a residential unit expected to receive a permit for construction as a single-family dwelling.

Relevant Contract Types

• Construction Contract
• Building Permit Application

Relevant Circumstances

• Planning a construction project
• Applying for a building permit for a single-family dwelling

Relevant Sectors

• Construction
• Architecture and Design
• Real Estate Development

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