Define: Rural Residential

How is Rural Residential defined in a legal contract?

• Rural Residential means privately owned land with multiple residential structures, located within identified rural areas, where each residential structure does not exceed a value determined at a budget meeting, as the maximum reduction amount for residential property. Seen in 16 SEC filings
• Rural Residential means privately owned land that comes with several residential buildings, situated within certain rural areas, where the value of each residential structure does not go beyond a certain threshold as determined at a particular budget meeting, the threshold acts as the utmost reduction amount for residential property. Seen in 4 SEC filings
• Rural Residential means non-farm, single-family residential development located outside of urban centers on larger lot sizes. Rural residential development can be serviced by on-site water and wastewater infrastructure or by piped water and/or wastewater infrastructure. Seen in 2 SEC filings
• Rural Residential means a building on agricultural land or land located outside the urban development boundary or urban edge where the primary use of land is not for agricultural uses but for residential purposes. Seen in 2 SEC filings
• Rural Residential means with respect to those lands located outside the Urban Development Boundary, a category of land use where the predominant use of the land is for one-unit Residential on large acreage lots. Seen in 2 SEC filings
• Rural Residential means Non‐farm, single-family residential development in rural areas, excluding cottages. Seen in 2 SEC filings
• Rural Residential means a residential property in a wildlife estate. Seen in 1 SEC Filing

Please note that the definition has been simplified and improved for the average business user; it holds the semantic meaning but is simpler and easier to comprehend. The phrases in parentheses were eliminated, as well as culturally or organizationally specific information.

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 rural 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

• Rural Residential means privately owned land in non-urban areas, primarily used for residential purposes on large lots.

Relevant Contract Types

• Property Sale Agreement
• Lease Agreement
• Residential Property Management Agreement
• Land Development Contract
• Mortgage Agreement

Relevant Circumstances

• Buying or selling of rural residential property.
• Leasing of rural residential property.
• Management of rural residential property.
• Development of rural property into residential.

Relevant Sectors

• Real Estate
• Land Development

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Genie Definition 2

• Rural Residential means a single-family, non-farm property located in a wildlife estate.

Relevant Contract Types

• Property Sale Agreement
• Lease Agreement
• Wildlife Estate Management Agreement
• Mortgage Agreement

Relevant Circumstances

• Buying or leasing of rural residential property within a wildlife estate.
• Management of a wildlife estate with rural residential property.
• Taking out a mortgage on a rural residential property within a wildlife estate.

Relevant Sectors

• Real Estate
• Wildlife Conservation

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