Common use of DEED LANGUAGE AND RESTRICTIONS Clause in Contracts

DEED LANGUAGE AND RESTRICTIONS. (a) If Subrecipient uses funds under the Contract to acquire land, the acquisition deed must contain language approved by the GLO that will protect the land and its natural resources and preserve the public use and benefit of the land. Subrecipient must include language specified by the GLO in each such deed. (b) If Subrecipient uses funds under the Contract to improve public or private real property, Subrecipient must file in the real property records of the county where the property is located, a memorandum of restrictions, conservation servitudes, or conservation easement, in a form acceptable to the GLO, that will protect the land and its natural resources, preserve the public use and benefit of the land, and notify third parties of the restrictions. Subrecipient must include language specified by the GLO in each such memorandum, easement, or other document of conservation servitudes or restrictions.

Appears in 3 contracts

Samples: Coastal Management Program Contract, Subrecipient Grant Agreement, Subrecipient Grant Agreement

AutoNDA by SimpleDocs

DEED LANGUAGE AND RESTRICTIONS. (a) If Subrecipient uses funds under the Contract to acquire land, the acquisition deed must shall contain language approved by the GLO that will protect the land and its natural resources and preserve the public use and benefit of the land. Subrecipient must shall include language specified by the GLO in each such deed. (b) If Subrecipient uses funds under the Contract to improve public or private real property, Subrecipient must file in the real property records of the county where the property is located, a memorandum of restrictions, conservation servitudes, or conservation easement, in a form acceptable to the GLO, that will protect the land and its natural resources, preserve the public use and benefit of the land, and notify third parties of the restrictions. Subrecipient must include language specified by the GLO in each such memorandum, easement, or other document of conservation servitudes or restrictions.

Appears in 1 contract

Samples: Subrecipient Grant Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!