IDENTITY OF THE PROPERTY. 11.1 The Purchaser shall admit the identity of the Property with that described in the Proclamation of Sale and such other documents offered by the Assignee/Bank as the title to the Property by a comparison of the description in the Proclamation of Sale and the aforesaid documents.
IDENTITY OF THE PROPERTY. Requires a clear, unambiguous description of the property subject to the listing agreement. In addition to the city, county, and state in which the property is located, the property may be identified by Assessor's Parcel Number (APN) or Permanent Index Number (PIN), metes and bounds description, or street address, but whatever method is used, it must be precise. If the property has a common name which does not include the street address (e.g., "Creekside Apartments"), both this common description and a street address should be included. •Objections and How to Handle Them: Occasionally the property description is unclear; as, for example, when the property subject to sale is to be determined by a subsequent survey. Use as specific a general description as possible (e.g., "that property bounded on the west by Elm Street, on the north by Main Street, and on the east and south by the dirt road"), or an approximation (e.g., "approximately 4.5 acres, the precise property lines and actual acreage to be determined by a survey conducted by Owner"). Some appellate cases have denied the broker his commission if the commission or listing agreement failed to describe the property with enough detail to distinguish that property or available space from all other property.
