Land, Improvements and Personal Property Clause Samples
The 'Land, Improvements and Personal Property' clause defines the scope of what is included in a real estate transaction, specifying that the sale covers not only the land itself but also any buildings, structures, and certain movable items attached to the property. In practice, this clause clarifies which fixtures, appliances, or other personal property items are considered part of the sale and which are excluded, often listing specific examples to avoid ambiguity. Its core function is to ensure both parties have a clear understanding of exactly what is being transferred, thereby preventing disputes over ownership of items at closing.
Land, Improvements and Personal Property. Project Approvals. All approvals, consents, waivers, orders, agreements, acknowledgments, authorizations, permits and licenses required under applicable Requirements or under the terms of any agreement, restriction, covenant or easement affecting the Project, or otherwise necessary or desirable, for the ownership and acquisition of the Land and the Improvements, the construction and equipping of the Improvements, and the use, occupancy and operation of the Project following completion of construction of the Improvements, whether obtained from a Governmental Authority or any other Person.
Land, Improvements and Personal Property. The Purchaser agrees to buy, and the Seller agrees to sell and convey to the Purchaser, the Property pursuant to the terms and conditions set forth in this Contract.
Land, Improvements and Personal Property. Project Approvals. All approvals, consents, waivers, orders, agreements, acknowledgments, authorizations, permits and licenses required under applicable Requirements or under the terms of any restriction, covenant or easement affecting the Project, or otherwise necessary or desirable, for the ownership, acquisition, construction, equipping, use, occupancy and operation of the Project and the Improvements, whether obtained from a Governmental Authority or any other Person. Project Approvals do not include any specialized permits (or the like) relating to Tenant's activity in or on, or use of, the Project.