PROPERTY ASSESSMENT Sample Clauses

PROPERTY ASSESSMENT a. The parties hereby acknowledge that every State has property valuations are done annually by the Valuer-General of the said State. The parties agree that no claim will be made against either party for any changes in property tax because of a re-assessment of the Property, save and except any property taxes that accrued prior to the Transfer Date.

PROPERTY ASSESSMENT. The Assignee and Assignor hereby acknowledge that the Province of Ontario has implemented current value assessment and properties may be re-assessed on an annual basis. The Assignee and Assignor agree that no claim will be made against the Assignee or Assignor, or any Brokerage, Broker or Salesperson, for any changes in property tax as a result of a re-assessment of the property, save and except any property taxes that accrued prior to the completion of this transaction.

PROPERTY ASSESSMENT. The property may be re-evaluated on an annual basis. Buyer and seller agree that change may take place and salespeople can not be held responsible for any changes.

PROPERTY ASSESSMENT. The property may be re-evaluated on an annual basis. Buyer and Seller agree that change may take place and salespeople can not be held responsible for any changes.

PROPERTY ASSESSMENT. At any time after the Option Event but not later than September 30, 2027, Grantee shall have the right to enter upon the Property for the purpose of making an assessment of the condition of the Property and any environmental contamination that may be located on the Property (including sampling and drilling); provided that any such assessment shall be made in a manner so as to minimize interference with normal operations on the Property. GRANTEE SHALL INDEMNIFY, DEFEND AND HOLD HARMLESS GRANTOR OR THE SUBSEQUENT OWNER AGAINST ANY PERSONAL INJURY OR PROPERTY DAMAGE CAUSED BY GRANTEE OR ITS CONTRACTORS OR EMPLOYEES IN MAKING ANY SUCH ASSESSMENT, PROVIDED HOWEVER, IN NO EVENT SHALL GRANTEE HAVE LIABILITY TO ANYONE, INCLUDING GRANTOR OR SUBSEQUENT OWNER, FOR BUSINESS DISRUPTION, LOST PROFITS, DIMINUTION IN VALUE OR CONSEQUENTIAL DAMAGES ARISING FROM SUCH ENTRY OR ASSESSMENT.

PROPERTY ASSESSMENT a. The parties hereby acknowledge that the State of Queensland has property val- uations done annually by the Valuer-General of Queensland. The parties agree that no claim will be made against either party for any changes in property tax because of a re-assessment of the Property, save and except any property taxes that accrued prior to the Transfer Date.

PROPERTY ASSESSMENT a. Distribution of a site verification form for collection of existing GIS shape files, CAD files, and available documents that support property diligence for the Subject Property2 b. Perform record search of title documents for Subject Property including easements and restrictions, review property ownership, boundaries and title. i. Identify title exceptions and encumbrances which may limit development potential. ii. Title search costs will be reimbursed to ▇▇▇▇▇▇ as an expense. iii. Title search costs are dependent on the size of property. d. Complicated legal descriptions may require a full ALTA survey which can be provided as an additional service. e. Complete an Environmental Records Review (EDR) to identify potential, environmental liabilities and areas requiring further investigation/remediation. i. If the EDR report indicates potential for environmental contamination or concern, a Phase I environmental analysis will be recommended. If a Phase I analysis is undertaken, it will be deemed an exclusion to this contract and charged at a time and expense rate. 1 Printing costs are an exclusion to this contract and will be billed separately. 2 Olsson Associates assumes that all infrastructure routes and capacities necessary for diligence will be provided by the City of Knoxville via their utility and public works partners. Analysis or communication requiring Olsson Associates to investigate utility infrastructure will be charged at a time and expense rate. Olsson Associates prefers GIS shape files to depict existing infrastructure as part of the intake and verification process. e. Identify and consider existing zoning implications and future land use maps. f. Review current FEMA floodplain maps and summarize any floodplain impacts relative to the 100-YR and 500-YR events. g. Review existing National Wetland Inventory and Water of the United States maps and summarize any environmental impacts. h. Identify access locations, existing and potential truck routes to best serve within the Subject Property. i. Obtain soil map information, perform preliminary desktop geotechnical review, and prepare memorandum of findings. j. Summarize utility infrastructure availability and identify capacities of service of the following as provided by utility providers, City/County sources, and the Yukon Development Authority: i. Sanitary sewer ii. Water iii. Natural gas

PROPERTY ASSESSMENT. Each of the Buyer and the Seller hereby acknowledges that the Property may be re- assessed retroactively for determining property taxes payable on the Property. Each of the Buyer and the Seller agree that no claim will be made against the other, or any brokerage, broker or salesperson, for any changes in the amount of the property tax as a result of a re-assessment of the Property, save and except for the amount of any property taxes that accrued prior to the Completion Date.

PROPERTY ASSESSMENT. Buyer shall have the right to select and retain environmental and other consultants to examine and inspect the physical condition of the Property (including the