RECORDATION NOT PERMITTED Clause Samples
The 'Recordation Not Permitted' clause prohibits either party from recording the agreement or any related documents with public land records or government offices. In practice, this means that neither party can file the contract, a memorandum of lease, or similar documents that would make the agreement a matter of public record. This clause is typically used to maintain privacy regarding the terms of the agreement and to prevent encumbrances or claims that could arise from public disclosure, thereby protecting the interests of the parties involved.
RECORDATION NOT PERMITTED. In no event shall this Agreement or any memorandum hereof be recorded in the official or public records where the Property is located, and any such recordation or attempted recordation shall constitute a default under this Agreement by the party responsible for such recordation or attempted recordation.
RECORDATION NOT PERMITTED. In no event will this Agreement or any memorandum of this Agreement be recorded by Purchaser in the Official Records. Any such recordation will constitute a default under this Agreement by Purchaser entitling Seller to the remedies provided by Paragraph 12.
RECORDATION NOT PERMITTED. In no event shall this Lease or any memorandum