ASSUMPTION OF THE SUBDIVISION. Purchasers/Tenants are advised the “Assumption of the Subdivision” by the Town may not occur until 5 years after occupancy and to refer to the conditions in Section 46 of the Subdivision Agreement that must be complied with prior to assumption by the Town.
Appears in 6 contracts
Samples: Agreement of Purchase and Sale, Agreement of Purchase and Sale, Agreement of Purchase and Sale
ASSUMPTION OF THE SUBDIVISION. Purchasers/Tenants Purchasers are advised the “Assumption of the Subdivision” by the Town may not occur until 5 years after occupancy and the issuance of a Certificate of Acceptance from the Commissioner of Public Works / Commissioner of Planning and Development pursuant to refer to the conditions in Section 46 of the Subdivision Agreement that must be complied with prior to assumption by the Town.
Appears in 2 contracts
Samples: Agreement of Purchase, Agreement of Purchase and Sale