2k The Property Clause Examples for Any Agreement
The "THE PROPERTY" clause defines and describes the specific real estate or asset that is the subject of the agreement. It typically includes details such as the address, legal description, and any included fixtures or improvements, ensuring all parties are clear about what is being transferred or leased. By precisely identifying the property, this clause eliminates ambiguity and helps prevent disputes over what is covered by the contract.
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The Property.The Landlord agrees to lease the described property below to the Tenant: (enter the property information) Mailing Address: [PROPERTY MAILING ADDRESS] Residence Type: � Apartment � House � Condo � Other: [OTHER] Bedroom(s): [# OF BEDROOMS] Bathroom(s): [# OF BATHROOMS] The aforementioned property shall be leased wholly by the Tenant (“Premises�).
The Property.The Landlord agrees to lease the described property below to the Tenant: (enter the property information)
a.) Mailing Address: , City of , State of
The Property.4.3.1 Promptly notify the Landlord’s Agent in writing when the Tenant becomes aware of:
4.3.1.1 any defect, damage or want of repair in the Property, other than such as the Tenant is liable to repair in 4.2.1 above,
4.3.1.2 any Notices, proceedings or letters relating to the Landlord, the Property or the use of the Property, and forward copies of them without unreasonable delay.
4.3.1.3 any loss, damage or occurrence which may give rise to a claim under the Landlord’s insurance.
4.3.2 Where reasonable to do so, co-operate in the making of any claim under the Landlord’s insurance.
4.3.3 Use the Property in the manner a responsible and conscientious tenant would.
4.3.4 Clean the windows of the Property as often as necessary and in the last two weeks of the tenancy.
4.3.5 Not remove any of the Landlord’s possessions from the Property.
4.3.6 Not exhibit any promotional poster or Notice so as to be visible from outside the Property.
4.3.7 Not cause or unreasonably permit any blockage to the drains and pipes, gutters and channels in or about the Property. Common causes of blockages for which the Tenant would be responsible would include, but not limited to, putting fat down the sink, failure to remove hair from plugholes and flushing inappropriate things (such as nappies or sanitary towels) down the toilet.
4.3.8 Not assign, underlet or part with or share possession of the whole or any part of the Property without the permission of the Landlord, such permission not to be unreasonably withheld.
4.3.9 Not permit any visitor to stay in the Property for a period of more than three weeks within any three month period.
4.3.10 Permit the Landlord and or the Landlord’s Agent or others, after giving 24 hours written Notice and at reasonable hours of the daytime, to enter the Property:
4.3.10.1 to view the state and condition and to execute repairs and other works upon the Property or other properties, or
4.3.10.2 to show prospective purchasers the Property at all times during the Term and to erect a board to indicate that the Property is for sale, or
4.3.10.3 to show prospective tenants the Property, during the last month of the Term and to erect a board to indicate that the Property is to let.
4.3.11 Where the Landlord or the Landlord’s Agent have served a valid written Notice of the need to enter to view the state and condition or to effect repairs, the Tenant agrees to them using their keys to gain access within three days of such a request being made, (except in case...
The Property.In accordance with the terms and conditions of this Agreement, the Seller hereby agrees to sell and convey to the Buyer the Property described below together with all the Seller’s rights and interests therein including but not limited to all rights under the soil, and improvements to the Property including all fixtures and appurtenances not otherwise expressly excluded herein (hereinafter referred to as the “Property�): Location/Address of the Property: Floor and/Unit Number: Net Floor Area: Legal Description: The following items are included in the sale:
The Property.As more particularly described on the property description attached to this Agreement as Exhibit A, which Exhibit A is incorporated herein by reference and made a part of this Agreement, the real property subject to this Agreement (the “Property�) is, as follows:
The Property.1.1 The Vendor agrees to sell to the Purchaser and the Purchaser agrees to purchase from the Vendor all of the Vendor’s right, title and interest in and to the Property.
The Property.In accordance with the terms and conditions of this Agreement, the Seller hereby agrees to sell and convey to the Buyer the Property described below together with all the Seller’s rights and interests therein including but not limited to all rights under the soil, and improvements to the Property including all fixtures and appurtenances not otherwise expressly excluded herein (hereinafter referred to as the “Property�): Location/Address of the Property: _________________________________________________________ Floor and/Unit Number: _________ Net Floor Area: _________ Legal Description: ______________________________________________________________________ The following items are included in the sale: ________________________________________________ ______________________________________________________________________________. The following items are not included in the sale: ____________________________________________
The Property.Subject to the terms and conditions of this Agreement, Seller agrees to sell to the Purchaser and the Purchaser agrees to purchase from the Seller the Interests. Seller represents that the Company owns all of the following (hereinafter known as the “Property�):
(a) the parcel of land in the County of Xxxxxxxxxx, Maryland, known as Crown Point, located at 000 Xxxxxxxxxxxx Xxxxx, Xxxxxxxxxxxx, Xxxxxxxx 00000 and more particularly described in Exhibit B attached hereto as a part hereof (the “Land�);
(b) all buildings (including but not limited to the office building that is on the Land as of the date hereof) [the “Building”], structures, equipment and other improvements on the Land (the “Improvements�);
(c) all easements, rights-of-way and appurtenances belonging to the Land and all rights of Seller in the land lying in the bed of any road, street or alley, open or proposed, which adjoins the Land;
(d) all equipment, furniture, furnishings, supplies and other personal property and fixtures of every description, if any, owned by the Company and located in or on, or attached to, or used in connection with the Land or Improvements, except as shown on Schedule 1.2(d) (hereinafter referred to as the “Personal Property�);
(e) all of the Company’s right, title and interest as lessor in and to the Tenant Leases and, subject to the terms of the respective applicable Tenant Leases, the Tenant Deposits;
(f) all of the Company’s right, title and interest in, in all contract rights related to the Land, Improvements or Personal Property, to the extent assignable, including, without limitation, the Company’s interest in the following: maintenance, construction, commission, architectural, engineering, parking, supply or service contracts, warranties, guarantees and bonds and other agreements related to the Improvements or Personal Property that will remain in existence after Closing (as hereinafter defined) (collectively, the “Service Contracts�);.
(g) all of the Company’s right, title and interest in, to and under any licenses certificates of occupancy, and permits and approvals issued by any governmental authority and relating to the Land, Improvements, Personal Property or Service Contracts, to the extent assignable (the “Permits�);
(h) all of the Company’s right, title and interest, if any, to the extent assignable or transferable, in and to the name “Crown Point� and all names, trade names logos associated or used in connection with the Property and all trademarks and a...
The Property.The Sublessor agrees to sublet, and the Sublessee agrees to take possession of the property that is located and described as: Address: [ADDRESS] Type: � Apartment � House � Condo � Other: Bedroom(s): [#] Bathroom(s): [#] Additional Description: [DESCRIBE] Hereinafter known as the “Premises.� IV.
The Property.19.1 Title to the Property shall be held in the name of the Operator in trust for the parties in proportion to their respective Interests as adjusted from time to time. Each of the parties shall have the right to receive, forthwith upon making demand therefor from the Operator, such documents as it may reasonably require to confirm its Interest.
19.2 This Agreement, or a memorandum of this Agreement, shall, upon the written request of any party, be recorded in the office of any governmental agency so requested, in order to give notice to third parties of the respective interests of the parties in the Property and this Agreement. Each party hereby covenants and agrees with the requesting party to execute such documents as may be necessary to perfect such recording.