Possession Before Settlement. If possession is given before settlement: (1) the Buyer must maintain the Property in substantially its condition at the date of possession, fair wear and tear excepted; (2) entry into possession is under a licence personal to the Buyer revocable at any time and does not: (a) create a relationship of landlord and tenant; or (b) waive the Buyer’s rights under this contract; (3) the Buyer must insure the Property to the Seller’s satisfaction; and (4) the Buyer indemnifies the Seller against any expense or damages incurred by the Seller as a result of the Buyer’s possession of the Property.
Appears in 50 contracts
Samples: Contract for Residential Lots in a Community Titles Scheme, Contract for Residential Lots in a Community Titles Scheme, Contract for Houses and Residential Land
Possession Before Settlement. If possession is given before settlement:
(1) the Buyer must maintain the Property in substantially its condition at the date of possession, fair wear and tear excepted;
(2) entry into possession is under a licence personal to the Buyer revocable at any time and does not:
(a) create a relationship of landlord and tenant; or
(b) waive the Buyer’s rights under this contract;
(3) the Buyer must insure the Property to the Seller’s satisfaction; and
(4) the Buyer indemnifies the Seller against any expense or damages incurred by the Seller as a result of the Buyer’s possession of the Property.
Appears in 2 contracts
Samples: Contract for Residential Lots in a Community Titles Scheme, Contract for Residential Lots in a Community Titles Scheme
Possession Before Settlement. If possession is given before settlement:
(1) the Buyer must maintain the Property in substantially its condition at the date of possession, fair wear and tear excepted;
(2) entry into possession is under a licence personal to the Buyer revocable at any time and does not:
(a) create a relationship of landlord and tenant; or
(b) waive the Buyer’s rights under this contract;; DRAFT
(3) the Buyer must insure the Property to the Seller’s satisfaction; and
(4) the Buyer indemnifies the Seller against any expense or damages incurred by the Seller as a result of the Buyer’s possession of the Property.
Appears in 2 contracts
Samples: Contract for Houses and Residential Land, Contract for Houses and Residential Land
Possession Before Settlement. If possession is given before settlement:: DRAFT
(1) the Buyer must maintain the Property in substantially its condition at the date of possession, fair wear and tear excepted;
(2) entry into possession is under a licence personal to the Buyer revocable at any time and does not:
(a) create a relationship of landlord and tenant; or
(b) waive the Buyer’s rights under this contract;
(3) the Buyer must insure the Property to the Seller’s satisfaction; and
(4) the Buyer indemnifies the Seller against any expense or damages incurred by the Seller as a result of the Buyer’s possession of the Property.
Appears in 1 contract
Possession Before Settlement. If possession is given before settlement:
(1) the Buyer must maintain the Property in substantially its condition at the date of possession, fair wear and tear excepted;
(2) entry into possession is under a licence personal to the Buyer revocable at any time and does not:
(a) create a relationship of landlord and tenant; or
(b) waive the Buyer’s rights under this contract;; L\316874378.2
(3) the Buyer must insure the Property to the Seller’s satisfaction; and
(4) the Buyer indemnifies the Seller against any expense or damages incurred by the Seller as a result of the Buyer’s possession of the Property.
Appears in 1 contract
Samples: Land Sale Contract
