Common use of Plan Registration Clause in Contracts

Plan Registration. (a) The City’s intended acquisition of the ROW shall not delay registration of the contemplated subdivision plan. (b) If the City’s acquisition of the ROW is not complete prior to registration of the subdivision plan, the City may be entitled to register a caveat under the Land Titles Act, based on an executed agreement between the City and the Landowner, against the Certificate of Title for the ROW (if a separate parcel) or the lands containing the ROW (if part of a larger parcel), which will protect the land from interim development and create a right to purchase by the City.

Appears in 3 contracts

Sources: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding