Present Condition Report Clause Samples

Present Condition Report. The Grantor and Grantee agree that the natural characteristics, the soil types, the physical conditions, the physical structures, and the agricultural use of the Protected Property at the time of this purchase are documented in a Present Condition Report (hereinafter referred to as the “Report”) prepared by the Local Grantee and signed and acknowledged by the Grantor and a representative of the Local Grantee establishing the condition of the Protected Property at the time of this Easement conveyance, including photographs, maps and other documents, as set forth in Exhibit B.