Subsequent Owner definition

Subsequent Owner. Shall have the meaning set forth in Section 19.4 (Financing Document Requirements).

Subsequent Owner means a person who purchases a residence from an owner

Subsequent Owner means a person who purchases a residence from an owner within 180 days after the day on which the construction on the residence is completed.

Examples of Subsequent Owner in a sentence

• To transfer a validated Warranty, the First Subsequent Owner must complete the Certificate of Transfer and mail it to NBP, along with a $50 transfer fee, within 30 days of transfer of title of the single-family residence.

• The First Subsequent Owner of a residential structure must transfer a validated Warranty to qualify for its benefits.

• Lessors shall cause any Subsequent Owner of any portion of the property to assume in writing this grazing lease, and thereby acknowledge that such Subsequent Owner understands that if he cancels the grazing lease on his property or changes the use of his property and if "roll-back" taxes are assessed for the current year or any prior year on the property then such Subsequent Owner shall be liable for and pay any and all "roll-back" taxes assessed against his property.

• Owner may sell the Property or a part thereof to a person or entity (the “Closing”) prior to commencement of site construction on the property sold, and in such event the Subsequent Owner shall be required to acknowledge and assume all obligations, liabilities and indemnifications under this Agreement.

• If Owner, its heirs, successors or assigns or any Subsequent Owner of the Property or any part thereof fails to comply with any of the material terms and conditions included in this Agreement (such defaulting owner referenced herein as “Defaulting Owner”), the City will have the following non-exclusive and cumulative remedies.

More Definitions of Subsequent Owner

Subsequent Owner means a person who acquires real property by transfer from a person other than the person who is the seller of the property on the date the private transfer fee obligation is created.

Subsequent Owner means a person who acquires

Subsequent Owner has the meaning set forth in Section 15.4 (Financing Document Requirements).

Subsequent Owner means any individual or entity that acquires title to or control or possession of the Hotel at or through a Foreclosure (together with any successors or assigns thereof), including, without limitation, (i) Mortgagee, (ii) any purchaser of the Hotel from Mortgagee, or any lessee of the Hotel from Mortgagee, or (iii) any purchaser of the Hotel at Foreclosure.

Subsequent Owner means a transferee or purchaser of commercial real estate from the owner or from a previous subsequent owner, but will not include the transferee or purchaser of commercial real estate pursuant to a sale conducted pursuant to title 67, chapter 5, part 25.

Subsequent Owner means any person or entity that acquires all or any part of the Property from Owner or Owner's successor in title to the Property or any part thereof.

Subsequent Owner means a person who purchases a residence from an owner within 180 days from the date of the completion of the construction on the residence.