Common use of Improvement Guarantee Clause in Contracts

Improvement Guarantee. For each Phase of the Development, the Developer shall guarantee all Dedicated Improvements against defects which appear within a period of two (2) years from the date of acceptance of said Dedicated Improvements by the City as herein provided, and shall pay for any damages resulting therefrom to City property. Prior to recording of the Master Plat, Phasing Plat or other plat or survey, the Developer shall provide the City with evidence reasonably acceptable to the City showing that the Developer has full right and authority to make the agreements, warranties, consents and waivers set forth in this Agreement, and that upon recording the City will have good, indefeasible title to all interests in land dedicated or conveyed to the City, if any, pursuant to the Development Plan Concept.

Appears in 1 contract

Samples: Master Development Agreement

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