Common use of PUBLIC IMPROVEMENT DISTRICTS Clause in Contracts

PUBLIC IMPROVEMENT DISTRICTS. If the Property is in a public improvement district, §5.014, Property Code, requires Seller to notify Buyer as follows: As a purchaser of this parcel of real property you are obligated to pay an assessment to a municipality or county for an improvement project undertaken by a public improvement district under Chapter 372, Local Government Code. The assessment may be due annually or in periodic installments. More information concerning the amount of the assessment and the due dates of that assessment may be obtained from the municipality or county levying the assessment. The amount of the assessments is subject to change. Your failure to pay the assessments could result in a lien on and the foreclosure of your property.

Appears in 12 contracts

Samples: Land Sales Contract, New Home Contract, Agreement of Purchase and Sale (Bluerock Residential Growth REIT, Inc.)

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PUBLIC IMPROVEMENT DISTRICTS. If the Property is in a public improvement district, §5.014, Property Code, requires Seller to notify Buyer as follows: As a purchaser of this parcel of real property you are obligated to pay an assessment to a municipality or county for an improvement project undertaken by a public improvement district under Chapter 372, Local Government Code. The assessment may be due annually or in periodic installments. More information concerning the amount of the assessment and the due dates of that assessment may be obtained from the municipality or county levying the assessment. The amount of the assessments is subject to change. Your failure to pay the assessments could result in a lien on and the foreclosure of your property.. (7)

Appears in 5 contracts

Samples: www.trec.texas.gov, formfiles.justia.com, demo.bullformstexas.com

PUBLIC IMPROVEMENT DISTRICTS. If the Property is in a public improvement district, §5.014, Property Code, requires Seller to notify Buyer as follows: As a purchaser of this parcel of real property you are obligated to pay an assessment to a municipality or county for an improvement project undertaken by a public improvement district under Chapter 372, Local Government Code. The assessment may be due annually or in periodic installments. More information concerning the amount of the assessment and the due dates of that assessment may be obtained from the municipality or county levying the assessment. The amount of the assessments is subject to change. Your failure to pay the assessments could result in a lien on and the foreclosure of your property.. (8)

Appears in 3 contracts

Samples: sparkoffer-auctions-documents-my.s3.amazonaws.com, photos.harstatic.com, randyelgin.wolfnetwp.com

PUBLIC IMPROVEMENT DISTRICTS. If the Property is in a public improvement district, §5.014, Property Code, requires Seller to notify Buyer Purchaser as follows: As a purchaser of this parcel of real property the Property you are obligated to pay an assessment to a municipality or county for an improvement project undertaken by a public improvement district under Chapter 372, Local Government Code. The assessment may be due annually or in periodic installments. More information concerning the amount of the assessment and the due dates of that assessment may be obtained from the municipality or county levying the assessment. The amount of the assessments is subject to change. Your failure to pay the assessments could result in a lien on and the foreclosure of your propertythe Property.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale (Lodging Fund REIT III, Inc.), Agreement of Purchase and Sale (Lodging Fund REIT III, Inc.)

PUBLIC IMPROVEMENT DISTRICTS. If the Property is in a public improvement district, §5.014, Property Code, requires Seller to notify Buyer Bu er as follows: As a purchaser of this parcel of real property you are obligated to pay an assessment to a municipality or county for an improvement project undertaken by a public improvement district under Chapter 372, Local Government Code. The assessment may be due annually or in periodic installments. More information concerning the amount of the assessment and the due dates of that assessment may be obtained from fro the municipality or county levying the assessment. The amount of the assessments is subject to change. Your failure to pay the assessments could result in a lien on and the foreclosure of your property.

Appears in 1 contract

Samples: www.texasrealestate.com

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PUBLIC IMPROVEMENT DISTRICTS. If the Property is in a public improvement district, §5.014, Property Code, requires Seller to notify Buyer as follows: As a purchaser of this parcel of real property you are obligated to pay an assessment to a municipality or county for an improvement project undertaken by a public improvement district under Chapter 372, Local Government Code. The assessment may be due annually or in periodic installments. More information concerning the amount of the assessment and the due dates of that assessment may be obtained from the municipality or county levying the assessment. The amount of the assessments is subject to change. Your failure to pay the assessments could result in a lien on and the foreclosure of your property.. 7. PROPERTY CONDITION: A. ACCESS,

Appears in 1 contract

Samples: Purchase Agreement (Residential Capital, LLC)

PUBLIC IMPROVEMENT DISTRICTS. If the Property is in a public improvement district, §5.014, Property Code, requires Seller to notify Buyer Purchaser as follows: As a purchaser of this parcel of real property you are obligated to pay an assessment to a municipality or county for an improvement project undertaken by a public improvement district under Chapter 372, Local Government Code. The assessment may be due annually or in periodic installments. More information concerning the amount of the assessment and the due dates of that assessment may be obtained from the municipality or county levying the assessment. The amount of the assessments is subject to change. Your failure to pay the assessments could result in a lien on and the foreclosure of your property.

Appears in 1 contract

Samples: Real Estate Purchase and Sale Contract

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