The Home. 7.1 HOMEOWNER OWNS THE HOUSE AND ALL OTHER IMPROVEMENTS ON THE LEASED LAND: All structures, including the house, fixtures, and other improvements purchased, constructed, or installed by the Homeowner on any part of the Leased Land at any time during the term of this Lease (collectively, the “Home”) shall be property of the Homeowner. Title to the Home shall be and remain vested in the Homeowner. However, Homeowner’s rights of ownership are limited by certain provisions of this Lease, including provisions regarding the sale or leasing of the Home by the Homeowner and ACLT’s option to purchase the Home. In addition, Homeowner shall not remove any part of the Home from the Leased Land without ACLT’s prior written consent. 7.2 HOMEOWNER PURCHASES HOME WHEN SIGNING LEASE: Upon the signing of this Lease, Homeowner is simultaneously purchasing the Home located at that time on the Leased Land, as described in the Deed, a copy of which is attached to this Lease as Exhibit C: DEED.
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Samples: Ground Lease, Ground Lease, Ground Lease
The Home. 7.1 HOMEOWNER OWNS THE HOUSE HOME AND ALL OTHER IMPROVEMENTS ON THE LEASED LAND: All structures, including the house, utilities, fixtures, permanently installed equipment and other improvements purchased, constructed, or installed by the Homeowner on any part of the Leased Land at any time during the term of this Lease (collectively, the “Home”) shall be the property of the Homeowner. Title to the Home shall be and remain vested in the Homeowner. However, Homeowner’s rights of ownership are limited by certain provisions of this Lease, including provisions regarding the sale or leasing of the Home by the Homeowner and ACLTOPAL’s option to purchase the Home. In addition, Homeowner shall not remove any part of the Home from the Leased Land without ACLTOPAL’s prior written consent.
7.2 HOMEOWNER PURCHASES HOME WHEN SIGNING LEASE: Upon the signing of this Lease, Homeowner is simultaneously purchasing the Home located at that time on the Leased Land, Land as described in the Statutory Warranty Deed. In the event the Home has yet to be constructed, the Homeowner shall sign the Lease and simultaneously enter into a copy of which is attached Construction Contract to this Lease as Exhibit C: DEEDbuild a Home to be located on the Leased Land.
Appears in 1 contract
Samples: Master Ground Lease
The Home. 7.1 HOMEOWNER OWNS THE HOUSE AND ALL OTHER IMPROVEMENTS ON THE LEASED LAND: All structures, including the house, fixtures, and other improvements purchased, constructed, or installed by the Homeowner on any part of the Leased Land at any time during the term of this Lease (collectively, the “Home”) shall be property of the Homeowner. Title to the Home shall be and remain vested in the Homeowner. However, Homeowner’s rights of ownership are limited by certain provisions of this Lease, including provisions regarding the sale or leasing of the Home by the Homeowner and ACLTHCHT’s option to purchase the Home. In addition, Homeowner shall not remove any part of the Home from the Leased Land without ACLTHCHT’s prior written consent.
7.2 HOMEOWNER PURCHASES HOME WHEN SIGNING LEASE: Upon the signing of this Lease, Homeowner is simultaneously purchasing the Home located at that time on the Leased Land, as described in the Deed, a copy of which is attached to this Lease as Exhibit CExhibit: DEED.
Appears in 1 contract
Samples: Ground Lease
The Home. 7.1 HOMEOWNER OWNS THE HOUSE AND ALL OTHER IMPROVEMENTS ON THE LEASED LAND: All structures, including the house, fixtures, and other improvements purchased, constructed, or installed by the Homeowner on any part of the Leased Land at any time during the term of this Lease (collectively, the “Home”) shall be property of the Homeowner. Title to the Home shall be and remain vested in the Homeowner. However, Homeowner’s rights of ownership are limited by certain provisions of this Lease, including provisions regarding the sale or leasing of the Home by the Homeowner and ACLTthe DSCLT’s option to purchase the Home. In addition, Homeowner shall not remove any part of the Home from the Leased Land without ACLTDSCLT’s prior written consent.
7.2 HOMEOWNER PURCHASES HOME WHEN SIGNING LEASE: Upon the signing of this Lease, Homeowner is simultaneously purchasing the Home located at that time on the Leased Land, as described in the Deed, a copy of which is attached to this Lease as Exhibit CExhibit: DEED.
Appears in 1 contract
Samples: Ground Lease
The Home. 7.1 HOMEOWNER OWNS THE HOUSE AND ALL OTHER IMPROVEMENTS ON THE LEASED LAND: All structures, including the house, fixtures, and other improvements purchased, constructed, or installed by the Homeowner on any part of the Leased Land at any time during the term of this Lease (collectively, the “Home”) shall be property of the Homeowner. Title to the Home shall be and remain vested in the Homeowner. However, Homeowner’s rights of ownership are limited by certain provisions of this Lease, including provisions regarding the sale or leasing of the Home by the Homeowner and ACLTthe MHT’s option to purchase the Home. In addition, Homeowner shall not remove any part of the Home from the Leased Land without ACLTMHT’s prior written consent.
7.2 HOMEOWNER PURCHASES HOME WHEN SIGNING LEASE: Upon the signing of this Lease, Homeowner is simultaneously purchasing the Home located at that time on the Leased Land, as described in the Deed, a copy of which is attached to this Lease as Exhibit CExhibit: DEED.
Appears in 1 contract
Samples: Ground Lease
The Home. 7.1 HOMEOWNER OWNS THE HOUSE AND ALL OTHER IMPROVEMENTS ON THE LEASED LAND: All structures, including the house, fixtures, and other improvements purchased, constructed, or installed by the Homeowner on any part of the Leased Land at any time during the term of this Lease (collectively, the “Home”) shall be property of the Homeowner. Title to the Home shall be and remain vested in the Homeowner. However, Homeowner’s rights of ownership are limited by certain provisions of this Lease, including provisions regarding the sale or leasing of the Home by the Homeowner and ACLTthe CLT’s option to purchase the Home. In addition, Homeowner shall not remove any part of the Home from the Leased Land without ACLTCLT’s prior written consent.
7.2 HOMEOWNER PURCHASES HOME WHEN SIGNING LEASE: Upon the signing of this Lease, Homeowner is simultaneously purchasing the Home located at that time on the Leased Land, as described in the Deed, a copy of which is attached to this Lease as Exhibit CExhibit: DEED.
Appears in 1 contract
Samples: Ground Lease Agreement