Completion; Encroachment Sample Clauses
The 'Completion; Encroachment' clause defines the obligations and procedures related to the completion of a project, particularly addressing situations where a structure or improvement extends beyond its designated boundaries. In practice, this clause typically outlines how minor encroachments—such as a building slightly crossing a property line—will be handled, often specifying remedies like easements or adjustments rather than requiring removal. Its core function is to provide a clear process for resolving boundary issues that arise at project completion, thereby preventing disputes and facilitating a smooth transfer or use of the property.
Completion; Encroachment. All Improvements necessary for the efficient use and operation of the Premises, including, without limitation, all Improvements which were included for purposes of determining the appraised value of the Property in the Appraisal, have been completed and none of said Improvements lie outside the boundaries and building restriction lines of the Premises. Except as set forth in the title insurance policy insuring the lien of this Security Instrument, no improvements on adjoining properties encroach upon the Premises.
Completion; Encroachment. All Improvements necessary for the efficient use and operation of the Premises, including, without limitation, all Improvements which were included for purposes of determining the appraised value of the Property in the Appraisal, have been completed and, except as disclosed on the survey of the Premises delivered to Lender in connection with the origination of the Loan, none of said Improvements lie outside the boundaries and building restriction lines of the Premises. Except as disclosed on the survey of the Premises delivered to Lender in connection with the origination of the Loan and as set forth in the title insurance policy insuring the lien of this Security Instrument, no improvements on adjoining properties encroach upon the Premises.
Completion; Encroachment. All Improvements necessary for the efficient use and operation of the Premises have been completed and, other than as disclosed in the surveys of the Property delivered to Lender by Borrower in connection with the origination of the Loan, none of said Improvements lie outside the boundaries and building restriction lines of the Premises. Except as set forth in the title insurance policy insuring the lien of this Security Instrument, no improvements on adjoining properties encroach upon the Premises.
Completion; Encroachment. All Improvements necessary for the efficient use and operation of the Projects have been completed and, except as shown on the surveys, none of said Improvements lie outside the boundaries and building restriction lines applicable to any Project. Except as set forth in each title insurance policy insuring the lien of each Mortgage, no improvements on adjoining properties encroach upon any Project.
Completion; Encroachment. All Improvements necessary for the efficient use and operation of the Premises have been completed and, except as set forth in the title insurance policy insuring the lien of this Security Instrument or the survey delivered to Lender in connection with the origination of the Loan, none of said Improvements lie outside the boundaries and building restriction lines of the Premises. Except as set forth in the title insurance policy insuring the lien of this Security Instrument, no improvements on adjoining properties encroach upon the Premises.
Completion; Encroachment. All Improvements necessary for the efficient use and operation of the Premises, including, without limitation, all Improvements which were included for purposes of determining the appraised value of the Trust Property in the Appraisal have been completed and none of said Improvements lie outside the boundaries and building restriction lines of the Premises. Except as set forth in the title insurance policy insuring the lien of this Deed of Trust, no improvements on adjoining properties encroach upon the Premises.
Completion; Encroachment. To Borrower's knowledge, except as set forth in the survey and property condition of engineer's report for the Property delivered to Lender in connection with the origination of the Loan, all Improvements necessary for the efficient use and operation of the Premises, including, without limitation, all Improvements which were included for purposes of determining the appraised value of the Property in the Appraisal, have been completed and none of said Improvements lie outside the boundaries and building restriction lines of the Premises. Except as set forth in the title insurance policy insuring the lien of the Mortgage, no improvements on adjoining properties encroach upon the Premises.