Common use of Field Note Description Clause in Contracts

Field Note Description. The Survey should contain a certified metes and bounds description and should comply with the following requirements: (i) The beginning point should be established by a monument located at the beginning point, or by reference to a nearby monument; (ii) The sides of the Property should be described by giving the distances and bearings of each; (iii) The distances, bearings, and angles should be taken from a recent instrument survey, or recently recertified instrument survey, by a licensed Professional Engineer or Registered Surveyor; (iv) Curved sides should be described by data including: length of arc, central angle, radius of circle for the arc and chord distance, and bearing; (v) The legal description should be a single perimeter description of the entire property; (vi) The description should include a reference to all streets, alleys, and other rights-of-way that abut the Property surveyed, and the width of all rights-of-way mentioned should be given the first time these rights-of-way are referred to; and (vii) If the Property surveyed has been recorded on a map or plat as part of an abstract or subdivision, reference to such recording data should be made.

Appears in 1 contract

Sources: Acquisition and Development Loan Agreement (Oriole Homes Corp)

Field Note Description. The Survey should contain a certified metes and bounds description and should comply with the following requirements: (i) The beginning point should be established by a monument located at the beginning point, or by reference to a nearby monument; (ii) The sides of the Property should be described by giving the distances and bearings of each; (iii) The distances, bearings, and angles should be taken from a recent instrument survey, or recently recertified instrument survey, by a licensed Professional Engineer or Registered Surveyor; (iv) Curved sides should be described by data including: ; length of arc, central angle, radius of circle for the arc and chord distance, and bearing; (v) The legal description should be a single perimeter description of the entire propertyProperty; (vi) The description should include a reference to all streets, alleys, and other rights-of-way that abut the Property surveyed, and the width of all rights-of-way mentioned should be given the first time these rights-of-way are referred to; and (vii) If the Property surveyed has been recorded on a map or plat as part of an abstract or subdivision, reference to such recording data should be made.

Appears in 1 contract

Sources: Assignment of Leases (Introgen Therapeutics Inc)