Recorded Documents; Closing Clause Samples

Recorded Documents; Closing. The Closing shall have occurred and the Deed of Trust, Regulatory Agreement, and Notice of Affordability Restrictions shall have been executed by Developer and recorded in the official records of the County as encumbrances to the Site. 204.2 Compliance with Entitlement and Readiness to Obtain Permits. Developer shall be in compliance with the Entitlement, including all conditions of approval thereto, and shall have obtained each and all of the land use, subdivision, and building permits and approvals necessary for the Rehabilitation of the Apartment Complex, in accordance with Section 304 hereof.