SUBDIVISION AGREEMENT. (a) The Purchaser acknowledges and agrees that title may on closing be subject to one or more subdivision or other development agreements and that the Subdivider has agreed at its own expense to construct, install and pay for roads, sanitary sewers, water mains and all other services in accordance with the requirements of the Municipality, which the Vendor herein is not responsible to construct, install or pay for. The Purchaser agrees that the Vendor shall not be obligated on closing or thereafter to obtain releases of such subdivision or other development agreements and the Purchaser shall satisfy himself as to compliance. The Purchaser will not interfere with the Vendor’s access to the Property as may be required to carry out any requirements of any governmental authority including pursuant to any agreement following closing. The Purchaser’s failure to comply with the preceding sentence will cause the Vendor significant damages and hereby indemnifies the Vendor with respect to same.
SUBDIVISION AGREEMENT. The purpose of this Agreement is to allow the Developer to commence Pre-Servicing Works on the Lands as a preliminary step in the development of the Plan Lands prior to the registration of the M-Plan for subdivision of the Lands. Notwithstanding, the Developer acknowledges that the Municipality will not approve the release of the Lands for the registration of a plan of subdivision, or for any phase thereof, until such time as the Developer has entered into a Subdivision Agreement which, in addition to other matters, will address all remaining conditions of the draft plan approval and the completing of the Pre-Servicing Works.
SUBDIVISION AGREEMENT. The following warning clauses may be required to be included in all offers of purchase and sale. The section of Subdivision Agreement that requires the clause is in italics in brackets.
SUBDIVISION AGREEMENT. The lands described in this Offer are subject to the requirements of a Subdivision Agreement between and the Municipality of Clarington dated , 201_. A copy of this Agreement is registered on title to the property. Purchasers are advised that this Subdivision Agreement authorizes the Municipality to enter onto all lands within the plan of subdivision in order to carry out various inspections. SCHEDULE 4 - SPECIAL NOTICES AND WARNINGS Note: See Conditions of Draft Plan approval SCHEDULE 5 - LANDS/EASEMENTS TO BE TRANSFERRED LANDS TO BE TRANSFERRED 1. Road Widenings:
SUBDIVISION AGREEMENT. WEB COPY
SUBDIVISION AGREEMENT. (a) The Purchaser acknowledges and agrees that title may on closing be subject to one or more agreements with a municipality or other governmental authority or agency, including one or more subdivision or other development agreements and that the Subdivider has agreed at its own expense to construct, install and pay for roads, sanitary sewers, water mains and all other services in accordance with the requirements of the Municipality, which the Vendor herein is not responsible to construct, install or pay for. The Purchaser agrees that the Vendor shall not be obligated on closing or thereafter to obtain releases of such agreements, including any subdivision or other development agreements provided that the same have been complied with as of the Closing Date and the Purchaser shall satisfy himself as to compliance.
SUBDIVISION AGREEMENT. Concurrent with or prior to City Council approval of a final subdivision plat for all or any portion of the Property, the Owner shall execute a subdivision agreement with the City that guarantees the construction of all required public improvements and completion of all landscaping improvements upon public lands for the portion of the Property reflected in the final plat. The subdivision agreement may provide for phasing of public improvements; however, any phasing plan shall be acceptable to and approved by the City Council. Further, building permits, as well as approvals or notices to proceed for public improvements as set forth herein above, will be issued for only that phase of development of the Property for which the required financial guarantee has been provided. The required guarantee shall be a cash escrow or an irrevocable letter of credit in form and substance acceptable to the City. The subdivision agreement shall detail the amount, duration and terms of release of such guarantee.
SUBDIVISION AGREEMENT. The Township is not required to accept the Works constructed by the Developer pursuant to this Agreement until such time as the Developer has entered into a Subdivision Agreement for the Lands and complied with the appropriate requirements.
SUBDIVISION AGREEMENT. Purchaser(s) is/are advised that an Agreement between the Owner, and The Corporation of The City of Barrie has been registered against the title to the Lands, and that this agreement affects the title to the Lands and may restrict the ability of the purchase(s) to develop or further develop Land(s).
SUBDIVISION AGREEMENT. The Owner agrees that prior to Final Approval of the Draft Plan, the Owner shall enter into a subdivision agreement with the Municipality, in a form satisfactory to the Municipality to satisfy all the Conditions and without limitation to satisfy all of the financial, legal, servicing, engineering, landscaping and other requirements of the Municipality for the subdivision, development and servicing of the Lands, (the “Subdivision Agreement”). The Parties agree that the Subdivision Agreement, when executed, shall supersede and replace this Agreement.
