Common use of PLANNING STATUS Clause in Contracts

PLANNING STATUS. The current planning status of the land is: (i) if the land in the Agreement is within a Plan of Subdivision, the Plan of Subdivision IS/IS NOT REGISTERED; and (ii) A building permit for construction of the dwelling IS/IS NOT available for issuance by the municipality after application has been submitted and all municipal review completed.

Appears in 4 contracts

Sources: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement