Common use of Title to Improvements Clause in Contracts

Title to Improvements. Title to all materials, fixtures, Plans and Specifications and Shop Drawings shall be deemed vested in Owner when and as the same shall have been installed, affixed permanently to the realty or otherwise delivered to Owner. Owner shall not be liable for loss or damage to any material or fixtures as to which title is not then vested in Owner at the time of such loss or damage whether such material or fixtures are on the Job Site, in transit, under the control of Owner, or otherwise.

Appears in 26 contracts

Samples: Construction Management Services Agreement (Steadfast Apartment REIT, Inc.), Construction Management Services Agreement (Steadfast Apartment REIT III, Inc.), Construction Management Services Agreement (Steadfast Apartment REIT III, Inc.)

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