Lot Line Adjustment Sample Clauses
A Lot Line Adjustment clause defines the process by which the boundaries between adjacent parcels of land can be legally modified without creating new lots. Typically, this clause outlines the requirements for obtaining necessary approvals from local authorities, ensuring that the adjustment complies with zoning and land use regulations. Its core function is to provide a clear mechanism for property owners to resolve minor boundary discrepancies or to reconfigure lot shapes for practical reasons, thereby preventing disputes and ensuring compliance with local laws.
POPULAR SAMPLE Copied 9 times
Lot Line Adjustment. (LLA)
a. The Lot Line Adjustment shall be in substantially the same form as the attached Exhibit C.
b. Not later than twelve (12) months after execution of this Agreement, the Owner will have completed the LLA process.
c. The completed LLA will depict the right-of-way grant intended for the construction of ▇▇▇▇▇ Parkway as determined by the City Engineer and described in Exhibit D.
d. Concurrent with or immediately following approval of the LLA, the City shall convey the approximately 48 feet of the City Property described herein by quit claim deed to Owner and the Owner shall accept same, subject to the terms and reservations set forth in Section 2.
Lot Line Adjustment. The parties acknowledge that development of the Project will require issuance of all Subsequent Project Approvals, including, without limitation, those listed under (a) above. Notwithstanding any other provision in this Agreement, City retains the discretion to formulate conditions of approval for all Subsequent Project Approvals for the Project, as long as such conditions of approval are consistent with the Governing Ordinances, the Construction Standards, and this Agreement.
Lot Line Adjustment. Lessee shall reimburse Lessor for all out-of-pocket expenses associated with Lessor perfecting the lot line adjustment to combine the 2.765 acres of Parcel A with Tract A. In the event that Lessor is unable to obtain the required governmental approvals within 60 days from the date hereof, this Amendment will terminate, and each party hereto agrees to release the other from all of the obligations contained herein. It is understood that no improvements shall commence until Lessor advises Lessee that all governing authorities have approved said lot line adjustment.
Lot Line Adjustment. The adjustment of property lines between four or fewer legally created adjoining parcels, where the land taken from one parcel is added to an adjoining parcel, and where a greater number of parcels than originally existed is not created.
Lot Line Adjustment. The City shall initiate lot line adjustments within the Project Area reasonably sufficient to permit development of the Project. The City acknowledges that approval of such lot line adjustments is a condition that must be satisfied prior to execution of the Land Disposition Agreement.
Lot Line Adjustment. After the closing of the acquisition by KB Home of the KB Home Property (“KB Home Closing”), the parties will finalize a lot line adjustment of the Common Boundary Line, in which the Common Boundary Line will move to the north, as depicted on Exhibit C (“LLA”).
(a) The effect of the LLA will be that:
(i) the access way on the KB Home Property adjacent to the Common Boundary Line, which is one of the easements referred to in the 2018 Access and Parking Agreement as the “Lot 2 Access Easement” will become part of the District Property. The access way will be subject to a non-exclusive easement over and across the access way for the benefit of KB Home, for the sole purpose of ingress and egress to and from the KB Home Property by emergency vehicles, via a locked gate in the fence to be constructed by KB Home under Section 5. This easement will be executed and recorded immediately after recordation of the LLA Deed, in the form attached to this Agreement as Exhibit D ("Emergency Vehicle Easement”). The form of the Emergency Vehicle Easement shall be subject to change to accommodate the requirements of the fire district and/or City of Issaquah, provided that the District shall have no obligation to dedicate additional property to the easement area, pay for any improvements to the easement area, or agree to any restrictions on its current use of the easement area, it being agreed that the District’s use of the easement area under the Emergency Vehicle Easement shall only be restricted when the easement area is in use by emergency vehicles for ingress and egress to Lot 1; and
(ii) the Generator Building will be located entirely on the District Property.
(b) Promptly after the KB Home Closing, KB Home will process an application for the LLA with the City of Issaquah (“City”). Before filing the LLA application with the City, KB Home will deliver it to the District for its approval, which shall not be unreasonably withheld, conditioned or delayed provided it is consistent with this Agreement. The cost of LLA processing shall be borne by KB Home. The District shall use diligent efforts to cooperate with KB Home in connection with processing of the LLA, including without limitation executing applications and other submissions to the City, but in no case shall the District be required to defend or otherwise support a defense of any challenge to the LLA.
(c) Before the KB Home Closing, KB Home may determine in its reasonable discretion that all conditions precedent to th...
Lot Line Adjustment. Seller shall have until the Close ------------------- of Escrow to cause a lot line adjustment (the "Lot Line Adjustment") to be recorded in the Official Records of Los Angeles County, which adjustment is necessary in order for the Property to be conveyed to Buyer in accordance with all applicable subdivision laws and regulations.
Lot Line Adjustment. Before the expiration of the Feasibility Study Period, Buyer shall have the right, at Buyer's sole cost and expense, to obtain all governmental approvals for and arrange for the recording of a lot line adjustment or other document transferring a portion of Lot 29 to the Real Property, as necessary to increase the square footage that can be developed on the Real Property as an administrative/laboratory building to at least 78,000 square feet (calculated in accordance with the Planned Industrial Development ("PID") regulations governing the Real Property) (the "Lot Line Adjustment"). Buyer shall have the right to terminate this Agreement upon written notice to Seller at any time prior to the end of the Feasibility Study Period if Buyer is unable to timely complete the Lot Line Adjustment, otherwise such contingency shall be deemed waived as of the expiration of the Feasibility Study Period.
Lot Line Adjustment. The City has prepared a lot-line adjustment proposal for the property located at ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇ which is attached as EXHIBIT D.
Lot Line Adjustment. Lessor and Lessee acknowledge that the improvements being constructed on the Purchased Property encroach upon the Premises. Lessor and Lessee agree that the single-shaded area shown on Exhibit D Detail on EXHIBIT "A" containing 0.773 acres, more or less, and the triangular single-shaded area shown on Exhibit B Detail on EXHIBIT "A" containing 0.342 acres, more or less, are to be conveyed to Lessee, or its designee, at the closing of the Purchased Property and shall thereafter be removed from the definition of the Premises.