Common use of Land Development and Utilization Clause in Contracts

Land Development and Utilization. The two parties shall examine and verify the boundary markers on all boundary points on the spot as designated in the appendix hereto “Location Map of the Land Lot to be Transferred” within 10 days of execution of this contract. The transferee shall properly protect the boundary marks and may not alter any of boundary marks without prior consent of Party A. In case of damage to or relocation of any boundary ▇▇▇▇, the transferee shall immediately report to the transferor in writing for re-measurement and restoration of the boundary marks. Section 11. Section 12.