Real Property Interest definition

Real Property Interest. ’ means an ownership interest

Real Property Interest has the meaning assigned to such term in the definition of “Assets.”

Real Property Interest means ownership in the surface, subsurface or mineral rights of land.

Examples of Real Property Interest in a sentence

• The Parties hereby represent to the Escrow Agent that (i) there is no sale or transfer of an United States Real Property Interest as defined under IRC Section 897(c) in the underlying transaction giving rise to this Agreement; and (ii) such underlying transaction does not constitute an installment sale requiring tax reporting or withholding of imputed interest or original issue discount to the IRS or other taxing authority.

• To Seller’s Knowledge, there are no underground or aboveground storage tanks or known or suspected asbestos-containing materials on, at, under or about any of the Transferred Real Property Interests, nor, to the Knowledge of Seller, were there any underground storage tanks on, at, under or about any such Transferred Real Property Interest in the past.

• Landmark shall exercise commercially reasonable efforts to deliver to OpCo a 2006 ALTA standard owner’s policy of title insurance (or the equivalent if such form is not available with respect to any particular jurisdiction) from Fidelity National Title Insurance Company (or another nationally recognized insurance company) for each Real Property Interest in an Asset that insures OpCo’s interest in and thereto, subject, in each case, to the pre-printed exceptions to such policy and the Permitted Liens.

• PGE shall have received an assignment of each Contract (as set forth on Schedule 5.10) and each Real Property Interest (as set forth on Schedule 5.8), executed by all parties thereto, all in form and substance reasonably acceptable to PGE, and an estoppel letter from each counterparty to each Contract executed and delivered no earlier than ten (10) days prior to the Closing Date substantially similar to the form set forth in Exhibit D.

• Prior to the Execution Date, Sellers have made available to Buyer Natural Hazard Disclosure Statements (the “Disclosure Statement”) for each Real Property Interest in a form and to the extent required by the Act and including various other disclosures as required by applicable Laws.

More Definitions of Real Property Interest

Real Property Interest means any fee owned land, Mining Concession or leasehold, easement, right of way, license, concession or other real property right.

Real Property Interest means an interest in real property arising from the combination of a physical relationship to the property that confers a degree of physical control over the property and the intent to exercise such control to the exclusion of others. Neither the right to use nor the right to enter and leave property is sufficient to create a Real Property Interest.

Real Property Interest means ownership in the surface,

Real Property Interest means, with respect to each REIT Loan secured in whole or in part by a Mortgage, the real property described in such Mortgage, including all easements, rights, appurtenances, tenements, rents, royalties, mineral, oil and gas rights and profits, water, water rights and water stock appurtenant to such property described in such Mortgage.

Real Property Interest means the right, title and interest of the Owner Trustee acquired pursuant to the Deed and the Assignment of Beneficial Interest Reasonable Basis for a position shall exist if tax counsel may properly advise reporting such position on a tax return in accordance with Formal Opinion 85-352 issued by the standing Committee on Ethics and Professional Responsibility of the American Bar Association Registration Statement shall mean the registration statements on Form S-3 (File Nos. 33-2031 and 33-8650) , as amended, and any other similar registration statement, including all exhibits and all documents incorporated in any such registration statement by reference, filed with the SEC under the Securities Act in connection with the offer, issue and sale of the Series B Bonds.

Real Property Interest means any Permitted Security falling within limb (i) and/or (s) of the definition thereof and any interest falling within limb (i) and/or (m)(i) of the definition of “Permitted Disposal”;

Real Property Interest means either (i) a written agreement, whether or not recorded, conveying an interest in real property, which may be a license, a lease, a temporary easement, a permanent easement, or a right of entry, or (ii) any recorded instrument conveying an interest in real property. The interest must be current. Expired or superseded interests are not acceptable demonstrations of property interest.