Real Property Reports definition

Real Property Reports has the meaning provided in the definition of “Collateral and Guaranty Requirements”.
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Real Property Reports. If an RPR is not available by the offer acceptance date, it would be prudent to add this term to the contract: Notwithstanding clause 4.11 (of the residential purchase contract), should a current real property report with compliance not be provided by completion date, there shall be a hold back of (i.e.) $5000 for 30 days from this date during which time the seller shall comply and provide the required report. These monies will be held in trust by the buyer’s lawyer and if seller does not comply, the monies shall be released to the buyer. It is important to note that you should ask for a copy of the RPR at the time of the offer being presented and/or prudent to make it a condition of the contract for your buyer’s review and acceptance. If you proceed with using this term, the amount of holdback would be reflective of the downpayment available (i.e. the hold back can’t exceed the amount of monies available).
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Examples of Real Property Reports in a sentence

  • Real Property Reports three (3) years or older are not accepted and a new Real Property Report will be required.

  • Certification is also required for Surveyor’s Real Property Reports.

  • The contribution from emis- sion lines is small but the role of NIR dust emission remains uncertain.

  • This Bid Form is made subject to the terms of IFB No. SFRAN922049717 including the Property Description, Terms of Sale, Instructions to Bidders, Notices and Covenants, Bidder Registration and Bid Form For Purchase of Government Real Property, Reports, Attachments and any associated amendments to the IFB, all of which are incorporated herein and by reference made a part of any bid placed online at RealEstateSales.gov.

  • Caractérisation des plantes médicinales à flavonoïdes des marchés de Douala (Cameroun).

  • At Parent’s written request, the Company or the applicable the Company Subsidiary shall use commercially reasonable efforts to remove defects in title as disclosed by any Real Property Reports that are not Permitted Liens.

  • As part of the authority given to the Development Authority to process Real Property Reports (RPR’s), the Development Authority may sign an RPR and issue a Certificate of Compliance if the district requirements are not met, provided that the variance required is a distance of not more than 0.15 metres.

  • A field inspection and confirmation of title is required to update old Real Property Reports.

  • If this Agreement is terminated, Buyer shall cause copies of all information and written materials obtained or generated in connection with the conduct of all Inspections, including any tests and environmental studies conducted of the Real Property ("Reports") and the Due Diligence Material, to be delivered to Seller without cost to Seller.

  • It's substantially a copy of an article originally published in Carswell's Real Property Reports as (1995) 45 R.P.R. (2d) 35.

Related to Real Property Reports

  • Real Properties means, at any time, a collective reference to each of the facilities and real properties owned, leased or operated by the Consolidated Parties at such time.

  • Third Party Reports With respect to any Mortgaged Property, the related Appraisal, Phase I environmental report, Phase II environmental report, seismic report or property condition report, if any.

  • Environmental Reports means each and every “Phase I Environmental Site Assessment” (and, if applicable, “Phase II Environment Site Assessment”) as referred to in the ASTM Standards on Environmental Site Assessments for Commercial Real Estate, E 1527-2000 and an asbestos survey, with respect to each Mortgaged Property, prepared by one or more Environmental Auditors and delivered to Lender and any amendments or supplements thereto delivered to Lender.

  • Real Property Documents means any material contract or agreement constituting or creating an estate or interest in any portion of the Site, including, without limitation, the Lease Agreements and the Subleases.

  • Governmental Real Property Disclosure Requirements means any Requirement of Law of any Governmental Authority requiring notification of the buyer, lessee, mortgagee, assignee or other transferee of any Real Property, facility, establishment or business, or notification, registration or filing to or with any Governmental Authority, in connection with the sale, lease, mortgage, assignment or other transfer (including any transfer of control) of any Real Property, facility, establishment or business, of the actual or threatened presence or Release in or into the Environment, or the use, disposal or handling of Hazardous Material on, at, under or near the Real Property, facility, establishment or business to be sold, leased, mortgaged, assigned or transferred.

  • Collateral Reports means the reports with respect to the Collateral referred to in Annex F.

  • Real Property means, collectively, all right, title and interest (including any leasehold, mineral or other estate) in and to any and all parcels of or interests in real property owned or leased by any Person, whether by lease, license or other means, together with, in each case, all easements, hereditaments and appurtenances relating thereto, all improvements and appurtenant fixtures and equipment, all general intangibles and contract rights and other property and rights incidental to the ownership, lease or operation thereof.

  • Real Property Leases means all leases, sub-leases, licenses or other agreements, in each case, pursuant to which any Group Company leases or sub-leases any real property.

  • Real Property Laws has the meaning set forth in Section 4(l) below.

  • SOS Reports means the official reports from the Secretaries of State of each Collateral State, Chief Executive Office State and the Borrower State and other applicable federal, state or local government offices identifying all current security interests filed in the Collateral and Liens of record as of the date of such report.

  • Mortgaged Properties the real properties listed on Schedule 1.1B, as to which the Administrative Agent for the benefit of the Lenders shall be granted a Lien pursuant to the Mortgages.

  • Surveys has the meaning set forth in Section 4(o) above.

  • Leased Properties have the meaning set forth in Section 3.16 herein.

  • Real Property Deliverables means each of the following agreements, instruments and other documents in respect of each Facility:

  • Owned Real Properties has the meaning set forth in Section 3.16(b).

  • Owned Properties has the meaning set forth in Section 3.16.

  • Real Property Interests means all interests in real property of whatever nature, including easements, whether as owner or holder of a Security Interest, lessor, sublessor, lessee, sublessee or otherwise.

  • Real Property Lease means any lease, sublease, license or other Contract with respect to Real Property.

  • Mortgaged Real Property means any parcel of Real Property that shall become subject to a Mortgage after the Closing Date, in each case together with all of such Credit Party’s right, title and interest in the improvements and buildings thereon and all appurtenances, easements or other rights belonging thereto.

  • Required Reports Collectively, the Monthly Report, the Servicer’s Certificate required pursuant to Section 6.10(c), the financial statements of the Servicer required pursuant to Section 6.10(d), the annual statements as to compliance required pursuant to Section 6.11, and the annual independent public accountant’s report required pursuant to Section 6.12.

  • Personal Property Leases has the meaning set forth in Section 2.1(e).

  • Environmental Report The environmental audit report or reports with respect to each Mortgaged Property delivered to the related Mortgage Loan Seller in connection with the origination or acquisition of the related Mortgage Loan.

  • Assets and Properties of any Person means all assets and properties of every kind, nature, character and description (whether real, personal or mixed, whether tangible or intangible, and wherever situated), including the goodwill related thereto, operated, owned or leased by such Person.

  • Mortgage Policies has the meaning specified in Section 6.13(b)(ii).

  • Intellectual Property Contracts means all agreements concerning Intellectual Property, including without limitation license agreements, technology consulting agreements, confidentiality agreements, co-existence agreements, consent agreements and non-assertion agreements.

  • Engineering Reports has the meaning assigned such term in Section 2.07(c)(i).