Property defects definition

Property defects means the conditions that, in the judgment of the municipality, contribute to blight as a result of the continued lack of care, maintenance or security of a property.[RR 2015, c. 1, §35 (RAL).]
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Property defects shall have the meaning set forth in Section 3.2.
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Property defects shall be as defined in Section 4.02(a).
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Examples of Property defects in a sentence

  • To fulfill Landlord’s and Broker’s obligations of disclosure, Landlord will disclose any Property defects he has knowledge of and Broker shall disclose such defects to a potential tenant.

  • Lessee shall immediately report to Lessor any Real or Personal Property defects, damages, losses or thefts valued at $1,000 or more.

  • Property defects that have not been disclosed to your lender may affect your mortgage funding even if your mortgage has been approved.

  • Service in the Armed Forces of the United States does not necessarily qualify you for Veteran's or Disabled Veteran's Preference (VP/DVP).

  • Seller shall continue to timely pay all debts relating to the Property during the Term, and there are no undisclosed material conditions or Property defects.

  • The Chair will be responsible for the appraisal/review of the performance of the Head of the Institution, and will make recommendations to the Remuneration Committee accordingly.

  • Property defects are furthermore not given in case of unsuitable or improper use of the object of contract, incorrect assembly or commissioning by the Customer or third parties, improper servicing nor in case of chemical, electrochemical or electric influences, insofar as these are outside of our responsibility.

  • Upon delivery, the City of Montrose shall be responsible for having the Project Property inspected and accepted within ten (10) working days of delivery from the vendor; unless Project Property defects discovered during inspection prevents the City of Montrose from accepting the Project Property in the 10 day time frame, of at which time the vendor will be contacted to rectify the issue(s) of concern.

  • Notwithstanding any contrary provision of this Section 9, County does not waive Lessee’s obligations under the Lease to cure any Property defects that are Lessee’s obligation to cure under the Lease, whether occurring prior to or during the extension period, that pose a health and safety risk, in accordance with the terms of the Lease.

  • Buyer further acknowledges that neither Brokers and/or their agents nor subagents are responsible for Property defects.

Related to Property defects

  • Title Defects has the meaning set forth in Section 5.15(b).

  • Latent Defects means such defects caused by faulty designs, material or work-man- ship which cannot be detected during inspection, testing etc, based on the technology available for carrying out such tests.

  • Title Defect means with respect to a Lease any lien, encumbrance, adverse claim, default, expiration, failure, defect in or objection to real property title, other than Permitted Encumbrances, that alone or in combination with other defects renders Sellers’ title to the Lease less than Defensible Title.

  • Title Defect Property has the meaning set forth in Section 6.2(a).

  • Environmental Defect means, with respect to any given Asset, a material violation of Environmental Laws in effect as of the Effective Time in the jurisdiction in which such Asset is located.

  • Latent Defect means a defect, inherently lying within the material or arising out of design deficiency, which do not manifest themselves and/or was not reasonably discoverable during Defect Liability period.

  • Environmental Defect Value means, with respect to any Environmental Defect, the value, as of the Closing Date, of the estimated costs and expenses to correct such Environmental Defect in the most cost-effective manner reasonably available, consistent with Environmental Laws, taking into account that non-permanent remedies (such as mechanisms to contain or stabilize hazardous materials, including monitoring site conditions, natural attenuation, risk-based corrective action, institutional controls or other appropriate restrictions on the use of property, caps, dikes, encapsulation, leachate collection systems, etc.) may be the most cost-effective manner reasonably available.

  • Casualty Loss has the meaning set forth in Section 5.06.

  • Material Defect As defined in Section 2.02(c) hereof.

  • Environmental Defect Notice shall have the meaning set forth in Section 12.1(a).

  • Minor defect means a defect which is not a Major Defect.

  • Title Defect Notice shall have the meaning set forth in Section 11.2(a).

  • Environmental Condition means any condition or circumstance, including the presence of Hazardous Substances which does or would (i) require assessment, investigation, abatement, correction, removal or remediation under any Environmental Law, (ii) give rise to any civil or criminal Liability under any Environmental Law, (iii) create or constitute a public or private nuisance or (iv) constitute a violation of or non-compliance with any Environmental Law.

  • Severe property damage means substantial physical damage to property, damage to the treatment facilities which would cause them to become inoperable, or substantial and permanent loss of natural resources which can reasonably be expected to occur in the absence of a bypass. Severe property damage does not mean economic loss caused by delays in production.

  • Environmental Conditions means the presence in the environment, including the soil, groundwater, surface water or ambient air, of any Hazardous Material at a level which exceeds any applicable standard or threshold under any Environmental Law or otherwise requires investigation or remediation (including, without limitation, investigation, study, health or risk assessment, monitoring, removal, treatment or transport) under any applicable Environmental Laws.

  • Title Defect Amount means, with respect to a Title Defect Property, the amount by which such Title Defect Property is impaired as a result of the existence of one or more Title Defects, which amount shall be determined as follows:

  • Major Defect means a condition that exists on a ground ambulance vehicle that requires the Department or the certificate holder to place the ground ambulance vehicle out-of-service.

  • Property Loss Event means any loss of or damage to property of Group or any Subsidiary thereof that results in the receipt by such Person of proceeds of insurance in excess of $2,000,000 or any taking of property of Group or any Subsidiary thereof that results in the receipt by such Person of a compensation payment in respect thereof in excess of $2,000,000.

  • Nonconforming use means a use of land that:

  • Construction defect means a deficiency in or a deficiency arising out of the design, specifications, surveying, planning, supervision, or observation of construction or construction of residential improvements that results from any of the following:

  • Nonconforming structure means a structure the size, dimension or location of which was lawful prior to the adoption, revision or amendment of a zoning ordinance, but which fails to conform to the requirements of the zoning district in which it is located by reasons of such adoption, revision or amendment.

  • Title Objections has the meaning ascribed to such term in Section 6.2(a).

  • Title Objection shall have the meaning assigned thereto in Section 8.5.

  • Environmental Damage means any injury or damage to persons, living organisms or property (including offence to man’s senses) or any pollution or impairment of the environment resulting from the discharge, emission, escape or migration of any substance, energy, noise or vibration;

  • Defects means any part of the Works not completed in accordance with the Contract, or completed with deficiencies and flaws and includes deficiencies, flaws, etc. developed during the execution of Works and during the Defect Liability Period.