Common use of Parcel Owner Clause in Contracts

Parcel Owner. The term “Parcel Owner” shall mean the Person to whom a Developer Owner conveys fee simple title to a Parcel without a transfer of the rights as Developer Owner and each said Parcel Owner’s successors and assigns in fee simple title.

Parcel Owner. The term “Parcel Owner” shall mean each Person, other than the Person to whom Developer, who owns a Developer Owner conveys fee simple title to interest in a Parcel without a transfer Parcel, including all of the rights as Developer Owner and each said Existing Parcel Owner’s successors and assigns in fee simple titleOwners.