Common use of Land Value Clause in Contracts

Land Value. The value of the land to be purchased by Purchaser has been determined by the Appraisal Report of ▇▇▇▇▇ & Company, dated February 24, 2023 (the “Appraisal,” Attachment B). The value is appraised at $24.62 per square foot or $118,510. The balance due from Purchaser to CBJ is $118,510 (One Hundred- Eighteen Thousand, Five Hundred Ten Dollars).

Land Value. The value of the land to be purchased by Purchaser ▇▇▇▇▇▇-▇▇▇▇▇ has been determined by the Appraisal Report of ▇▇▇▇▇ & Company, dated February 24, 2023 (the “Appraisal,” Attachment B). The value is appraised at $24.62 per square foot or $118,510. The balance due from Purchaser ▇▇▇▇▇▇-▇▇▇▇▇ to CBJ is $118,510 (One Hundred- Eighteen Thousand, Five Hundred Ten Dollars).