Common use of STATE OPTION TO PURCHASE Clause in Contracts

STATE OPTION TO PURCHASE. 6.1 Definition of seller 6.2 Exclusive right to purchase 6.3 Duration of option 6.4 Written notice 6.5 Purchase price 6.6 Appraiser qualifications 6.7 Payment of appraisals 6.8 Encumbrances considered 6.9 Delivery of title insurance 6.10 Objection to title and cure 6.11 Restrictions, termination of option 6.12 Removal of title defects 6.13 Transfer of title free and clear 6.14 Lessee delivery of purchase price payment 6.15 Title free of other possessory interest 6.16 Seller payment for transfer tax 6.17 Payment for recording documents 6.18 Real Property Tax Adjustment 6.19 Waste to Leased premises 6.20 Reserved 6.21 Toxic, hazardous, or injurious substances ARTICLE VII EMINENT DOMAIN/CONDEMNATION 7.1 Lessor to notify Lessee 7.2 Whole taking, rents prorated 7.3 Taking 7.4 Lessor option to terminate 7.5 Award of damages ARTICLE VIII - ESTOPPEL 8.1 Timeliness, Lessee obligations ARTICLE IX MANAGEMENT AGREEMENT Reserved ARTICLE X -

Appears in 5 contracts

Samples: www.michigan.gov, www.michigan.gov, www.michigan.gov

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