Common use of Future Development Clause in Contracts

Future Development. Buyer is aware that the Property may be affected by future development of property in the neighborhood or surrounding areas and the Property may be subject to building and development restrictions and conditions. Buyer is advised to consult with appropriate government agencies and shall rely solely upon Buyer’s own investigations to determine future development or planning and its potential impact on the Property. Buyer is advised that the Universal Studios and Xxxxxx Ranch areas are in the process of major expansion at this time as are other areas located within City and County jurisdiction.

Appears in 5 contracts

Samples: Residential Purchase Agreement, Residential Purchase Agreement, Residential Purchase Agreement

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Future Development. Buyer is aware that the Property may be affected by future development of property in the neighborhood or surrounding areas and the Property may be subject to building and development restrictions and conditions. Buyer is advised to consult with appropriate government agencies and shall rely solely upon BuyerXxxxx’s own investigations to determine future development or planning and its potential impact on the Property. Buyer is advised that the Universal Studios and Xxxxxx Ranch areas are in the process of major expansion at this time as are other areas located within City and County jurisdiction.

Appears in 4 contracts

Samples: Residential Purchase Agreement, Addendum to Residential Purchase Agreement, Addendum to Residential Purchase Agreement

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