Common use of NOTICE OF WATER LEVEL FLUCTUATIONS Clause in Contracts

NOTICE OF WATER LEVEL FLUCTUATIONS. If the Property adjoins an impoundment of water, including a reservoir or lake, constructed and maintained under Chapter 11, Water Code, that has a storage capacity of at least 5,000 acre-feet at the impoundment’s normal operating level, Seller hereby notifies Buyer: “The water level of the impoundment of water adjoining the Property fluctuates for various reasons, including as a result of: (1) an entity lawfully exercising its right to use the water stored in the impoundment; or (2) drought or flood conditions.”

Appears in 25 contracts

Samples: Earnest Money Contract, Earnest Money Contract, Earnest Money Contract

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NOTICE OF WATER LEVEL FLUCTUATIONS. If the Property adjoins an impoundment of water, including a reservoir or lake, constructed and maintained under Chapter 11, Water Code, that has a storage capacity of at least 5,000 acre-feet at the impoundment’s normal operating level, Seller hereby notifies Buyer: “The water level of the impoundment of water adjoining the Property fluctuates for various reasons, including as a result of: (1) an entity lawfully exercising its right to use the water stored in the impoundment; or (2) drought or flood conditions.”:

Appears in 7 contracts

Samples: New Home Contract, New Home Contract, flatfeediscountrealty.com

NOTICE OF WATER LEVEL FLUCTUATIONS. If the Property adjoins an impoundment of water, including a reservoir or lake, constructed and maintained under Chapter 11, Water Code, that has a storage capacity of at least 5,000 acre-feet at the impoundment’s 's normal operating level, Seller hereby notifies Buyer: “The water level of the impoundment of water adjoining the Property fluctuates for various reasons, including as a result of: (1) an entity lawfully exercising its right to use the water stored in the impoundment; or (2) drought or flood conditions.”

Appears in 5 contracts

Samples: auctioneersoftware.s3.amazonaws.com, auctioneersoftware.s3.amazonaws.com, s3.amazonaws.com

NOTICE OF WATER LEVEL FLUCTUATIONS. If the The Property adjoins may adjoin an impoundment of water, including a reservoir or lake, constructed and maintained under Chapter 11, Water Code, that has a storage capacity of at least 5,000 acre-feet at the impoundment’s normal operating level. In such event, Seller hereby notifies BuyerPurchaser: “The water level of the impoundment of water adjoining the Property fluctuates for various reasons, including as a result of: (1) an entity lawfully exercising its right to use the water stored in the impoundment; or (2) drought or flood conditions.”

Appears in 2 contracts

Samples: Agreement of Purchase and Sale (Lodging Fund REIT III, Inc.), Agreement of Purchase and Sale (Lodging Fund REIT III, Inc.)

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NOTICE OF WATER LEVEL FLUCTUATIONS. If the Property adjoins an impoundment of water, including a reservoir or lake, constructed and maintained under Chapter 11, Water Code, that has a storage capacity of at least 5,000 acre-feet at the impoundment’s 's normal operating level, Seller hereby notifies Buyer: "The water level of the impoundment of water adjoining the Property fluctuates for various reasons, including as a result of: (1) an entity lawfully exercising its right to use the water stored in the impoundment; or (2or(2) drought or flood conditions."

Appears in 2 contracts

Samples: www.legacysite.landbrokermls.com, www.legacysite.landbrokermls.com

NOTICE OF WATER LEVEL FLUCTUATIONS. If the Property adjoins an impoundment of water, including a reservoir or lake, constructed and maintained under Chapter 11, Water Code, that has a storage capacity of at least 5,000 acre-feet at the impoundment’s normal operating level, Seller hereby notifies Buyer: “The water level of the impoundment of water adjoining the Property fluctuates for various reasons, including as a result of: (1) an entity lawfully exercising its right to use the water stored in the 18] impoundment; or (2) drought or flood conditionso(rAdfldoroesds cofoPnrdoipteiortny)s.”

Appears in 1 contract

Samples: www.trec.texas.gov

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