Common use of Interest in Property Clause in Contracts

Interest in Property. Section 8B of the Humboldt County Xxxxxxxxxx Act Guidelines states that “all parties having any interest in any real property included in the contract which could ripen into a fee interest or be exercised in a manner inconsistent with the purpose of the preserve, such as a security interest, shall be required to join in the execution of the proposed contract before such contract is executed by the Board of Supervisors”. The following parties have a security interest in the real property included in this contract which could ripen into a fee interest:

Interest in Property. Section 8B of the Humboldt County Xxxxxxxxxx Williamson Act Guidelines states that “all parties having any interest in any real property included in the contract which could ripen into a fee interest or be exercised in a manner inconsistent with the purpose of the preserve, such as a security interest, shall be required to join in the execution of the proposed contract before such contract is executed by the Board of Supervisors”. The following parties have a security interest in the real property included in this contract which could ripen into a fee interest: