Common use of Improvements to Real Property Clause in Contracts

Improvements to Real Property. If any state funds are provided under this Contract for the purchase of or improvements to real property, the Contractor shall grant to the state a security interest in the property equal to the amount of state funds provided for at least five (5) years from the date of purchase or the completion of the improvements, unless otherwise provided by law.

Appears in 16 contracts

Samples: Non Minority Small Business (State) Small Business, Non Minority Small Business (State) Small Business, www.myflorida.com

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