Deed Restrictions definition

Deed Restrictions means the deed restrictions to be recorded with respect to the Land, which deed restrictions shall be subject to the Director's approval and shall be commensurate with the nature and purpose of the Land as stated in the Recipient's application for grant funds under Revised Code Sections 164.20 through 164.27. The Deed Restrictions shall be perpetual and shall not be amended, released, extinguished or otherwise modified without the prior written approval of the Director, in the Director's sole discretion, who shall have full enforcement authority, as set forth more specifically in Section IX of this Agreement.
Deed Restrictions means the deed restrictions to be recorded with respect to the Land, which deed restrictions shall be subject to the Director's approval and shall be commensurate with the nature and purpose of the Land as stated in the Recipient's application for grant funds under Revised Code Sections 164.20 through 164.27. The Deed Restrictions shall be perpetual and shall not be amended, released, extinguished or otherwise modified without the prior written approval of the Director, in the Director's sole discretion, who shall have full enforcement authority, as set forth more specifically in Section 9 of this Agreement.
Deed Restrictions means those encumbrances on title, including affordability restrictions, non-discrimination provisions, and environmental covenants and notices recorded against the Property, including restrictions in the deed transferring the Property from the Navy to the Agency.

Examples of Deed Restrictions in a sentence

  • Such Notice to Proceed will not be issued until the Director has received a Request to Proceed acceptable to the Director and is assured that the Recipient has complied with all requirements for the approval of a grant under Revised Code Sections 164.20 through 164.27 and any requirements for land acquisition set forth in this Agreement, including without limitation the OPWC's approval of the proposed Deed Restrictions and Title Agent.

  • The Recipient agrees that the Deed Restrictions shall be perpetual and shall not be amended, released, extinguished or otherwise modified without the prior written approval of the Director, at the Director's sole and absolute discretion, who shall have full enforcement authority with respect to the Deed Restrictions.

  • Within sixty (60) days of Closing, the Recipient shall deliver to the OPWC, or shall cause the Title Agent to deliver to the OPWC, a copy of the recorded Deed Restrictions and deed, or other instrument appropriate for the interest in the Land, and the executed settlement statement.

  • The Recipient shall record the Deed Restrictions together with the deed.

  • Within thirty (60) days of Closing, Escrow Agent shall furnish to OPWC copies of the Settlement Statement, recorded Conveyance Instrument and recorded Deed Restrictions.


More Definitions of Deed Restrictions

Deed Restrictions means and refer to these Amended Deed Restrictions for Marilyn Estates Subdivision and the restrictions, covenants, and conditions contained herein.
Deed Restrictions means and refer to the restrictions, covenants and conditions contained herein.
Deed Restrictions means any deed restrictions applicable to the Real Property.
Deed Restrictions means a private, contractual agreement to limit the use (e.g., building height)
Deed Restrictions. Any deed restriction or obligations.
Deed Restrictions means any deed restrictions applicable to the Real Property. “Deposit” has the meaning given in Section 3.1.
Deed Restrictions means a document in a form approved by City in its sole discretion, executed by Xxxxxxx and recorded in the real property records of the county or counties in which all or a portion of the Property is located. The Deed Restrictions will restrict use of the Property for ten (10) years from the date of completion of the Improvements, shall be of an even date with the note and deed of trust, and must be recorded before Grantee can commence construction work on the Property. Disbursement means a disbursement by City of any Funds. Effective Date means the date this Agreement is executed. Funds means up to $200,000.00 in City funds awarded to Grantee by City. Funds must be spent in accordance with the Funds Budget and within the funding period.