Common use of Existing Use Clause in Contracts

Existing Use. To Seller’s Knowledge, the Real Property, the Seller’s current use thereof, and the condition thereof do not violate in any material respect any applicable deed restrictions, zoning or subdivision regulations, urban redevelopment plans, local, state or federal environmental law or regulation or any building code or fire code applicable to the Real Property in a manner that could reasonably be expected to adversely affect the Real Property in any material respect, and are not designated by any governmental agency to be in a flood plain area. To Seller’s Knowledge, there is no condition or state of facts which would preclude, materially limit or materially restrict the use of the Property as a senior living facility.