Section 141.23 - Residential real estateThe terms residential real estate or residential real property mean:
(a) Homes (including a dwelling unit in a multi-family residential property such as a condominium or a cooperative);(b) Combinations of homes and business property ( i.e., a home used in part for business);(c) Other real estate used for primarily residential purposes other than a home (but which may include homes);(d) Combinations of such real estate and business property involving only minor business use ( i.e., where no more than 20 percent of the total appraised value of the real estate is attributable to the business use);(e) Farm residences and combinations of farm residences and commercial farm real estate;(f) Property to be improved by the construction of such structures; or(g) Leasehold interests in the above real estate.