Common use of Covenants of Purchasers Clause in Contracts

Covenants of Purchasers. 58. The Subdivider shall not accept any offer to purchase any lot within the Plan unless the Subdivider has given to such offerer, prior to the making of such offer, written advice about paragraphs 51 and 54 and it provisions prescribing conditions of development or redevelopment and restricting the application for and issuance of building permits; and as well the Subdivider shall require the purchaser to covenant likewise in favour of the Subdivider and the County in a form which is capable of registration on title and in a form which is enforceable by the County against such purchaser and any and all subsequent owners and occupiers of the said lot.

Covenants of Purchasers. 58. The Subdivider shall not accept any offer to purchase any lot within the Plan unless the Subdivider has given to such offererOfferer, prior to the making of such offer, written advice about paragraphs 51 and 54 and it provisions prescribing conditions of development or redevelopment and restricting the application for and issuance of building permits; and as well the Subdivider shall require the purchaser to covenant likewise in favour of the Subdivider and the County in a form which is capable of registration on title and in a form which is enforceable by the County against such purchaser and any and all subsequent owners and occupiers of the said lot.