ALTA Survey Sample Clauses
The ALTA Survey clause requires that a detailed land survey, conforming to the standards set by the American Land Title Association (ALTA), be provided for a property involved in a real estate transaction. This survey typically includes precise boundary lines, the location of improvements, easements, and any encroachments or other matters affecting the property. By mandating an ALTA Survey, the clause ensures that both parties have a clear and accurate understanding of the property's physical and legal characteristics, thereby reducing the risk of future disputes over boundaries or title issues.
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ALTA Survey. Buyer shall have obtained the Survey in a form reasonably satisfactory to Buyer.
ALTA Survey. A current ALTA survey of the Property (the “Survey”) prepared by a surveyor or engineer licensed by the appropriate governmental authorities of the jurisdiction in which the Property is located and otherwise acceptable to Agent. The Survey shall be satisfactory to Agent and to the Title Insurer and shall be certified to Agent, and the Title Insurer as (a) having been prepared in accordance with the “Minimum Standard Detail Requirements for ALTA/ACSM Land Title Surveys,” jointly established and adopted by ALTA and NSPS in 2011, (b) containing Table A Items 1, 2, 3, 4, 6, 7(a), 7(b)(1)-(2), 7(c), 8, 9, 10, 11(a), 13, 14, 15 and 16 and (c) meeting the strictest accuracy requirements of an ALTA Survey.
ALTA Survey. Lender shall receive, in form satisfactory to Lender, an ALTA as-built survey of the Facility.
ALTA Survey. Lender shall have received a current ALTA survey of the Property (the “Survey”) completed in accordance with Senior Lender’s requirements, satisfactory to Lender and to the Title Insurer and certified to Senior Lender, Lender (and its successors and assigns) and the Title Insurer.
ALTA Survey. On or before the Effective Date, a current, as-built survey of the Real Property (the “Survey”), prepared in accordance with the requirements set forth on Schedule D, certified, in the form set forth on Schedule D, to Seller, Buyer and its assigns under this Agreement, any lender(s) specified by Buyer, and the Title Company.
ALTA Survey. 9 Appurtenances.....................................................................................................1 Assignee..........................................................................................................1 Assignment........................................................................................................1
ALTA Survey. The Borrower shall deliver to the Lender an “as-built” survey of the Real Property which: (a) sets forth the location and exterior lines and egress and other improvements completed on the Real Property and demonstrates compliance with all applicable setback requirements; (b) demonstrates that the Project is entirely within the exterior boundaries of the Real Property and any building restriction lines and does not encroach upon any easements or rights-of-way; and (c) contains such other information as the Lender may reasonably request;
ALTA Survey. An ALTA improvement survey of the Property (the "Survey"). The certification contained in the Survey shall be amended prior to Closing to specifically name Buyer.
ALTA Survey. Any existing surveys in Seller’s possession or reasonable control. At any time during the Inspection Period (as hereinafter defined in Section 3.1), Purchaser may, at Purchaser’s expense, obtain a current survey of the Real Property, prepared by a surveyor licensed by the State of Colorado and certified to Seller, Purchaser and the Title Company (the “Survey”).
ALTA Survey. In the event that Buyer determines that it desires to obtain, in addition to the survey delivered by Seller to Buyer, an American Land Title Association survey for Buyer's account with respect to the Property (the "Survey"), Buyer may obtain such a Survey during the Investigation Period, at Buyer's sole cost and expense; provided, however, that if Buyer fails to obtain the Survey prior to the end of the Investigation Period, Buyer must either cancel Escrow or proceed to purchase the Property based solely on Title Company's agreement to provide standard title insurance coverage (with exceptions for any items a survey would disclose and for any items disclosed by a Survey obtained after the end of the Investigation Period). Without limiting the generality of the foregoing, Buyer acknowledges and agrees that Buyer's failure to obtain a Survey prior to the end of the Investigation Period shall not be deemed a default hereunder or a failure of a condition to Buyer's obligation to Close, but Buyer's delay in obtaining the Survey shall not extend the Investigation Period or the Outside Closing Date, and, to the extent any items are disclosed to Buyer in a Survey delivered to Buyer after the end of the Investigation Period, such items shall be deemed "Permitted Exceptions" (as defined below).