Residential property

Residential property means a house, condominium unit, cooperative unit, manufactured home (whether completed or under construction), or unimproved land zoned for 1- to 4-family residential use. A boat or motor home, even if used as a primary residence, or timeshare property is not residential property.

Source

12 CFR § 723.2

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Scoping language

For purposes of this part, the following definitions apply:

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