Definition of Possession of the Property

  1. Possession of the Property means actual and physical occupancy and control of the Property.

Examples of Possession of the Property in a sentence

  1. Possession of the Property, subject only to rights of guests in possession and tenants pursuant to written leases included in the Leases, and estoppel certificates from tenants under Leases and the lessors under FF&E Leases in form and substance acceptable to Buyer.
  2. Possession of the Property shall be delivered to Buyer upon Close of Escrow, subject to all tenants in possession under the Lease.
  3. 1.1 Application 1.2 Appropriate Proceedings 1.3 Borrower 1.4 Borrower's Title 1.5 Certificate 1.6 Certificate Effective Date 1.7 Claim 1.8 Claim Amount 1.9 Commitment 1.10 Default 1.11 Environmental Condition 1.12 Good and Merchantable Title 1.13 Insured 1.14 Loan 1.15 Loss 1.16 Owner or Owner of the Loan 1.17 Perfected Claim 1.18 Person 1.19 Physical Damage 1.20 Policy 1.21 Possession of the Property 1.22 Property 1.23 Residential 1.24 Servicer 1.25 Settlement Period 1.26 Value