Common use of Property Characteristics Clause in Contracts

Property Characteristics. The Property contains not less than 359,720 square feet of land. There are not less than 113 parking spaces located on the Property. No part of the Property is included or assessed under or as part of another tax lot or parcel, and no part of any other property is included or assessed under or as part of the tax lot or parcels for the Property.

Appears in 3 contracts

Sources: Multifamily Note (Arv Assisted Living Inc), Multifamily Note (American Retirement Villas Properties Iii LTD Partnership), Multifamily Note (American Retirement Villas Properties Ii)