Common use of TRANSFER OF LESSOR'S INTEREST Clause in Contracts

TRANSFER OF LESSOR'S INTEREST. In the event that Lessor sells, assigns or otherwise transfers its interest in the Community or manufactured home, this Agreement shall be binding on the purchaser, assignee or transferee. Lessor shall be automatically relieved of any obligations or liability hereunder as of the date of such sale, assignment, or transfer, provided that the obligations and liability hereunder are assumed in writing by said purchaser, assignee or transferee. All new residents must be complete on application approval process and have written approval prior to move in.

Appears in 2 contracts

Samples: Manufactured Home & Lot Lease Agreement, Lot Lease Agreement

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TRANSFER OF LESSOR'S INTEREST. In the event that Lessor sells, assigns or otherwise transfers its interest in the Community or manufactured homePremises, this Agreement shall be binding on the purchaser, assignee or transferee. Lessor shall be automatically relieved of any obligations or liability hereunder as of the date of such sale, assignment, or transfer, provided that the obligations and liability hereunder are assumed in writing by said purchaser, assignee or transferee. All new residents must be complete on application approval process and have written approval prior to move in.

Appears in 2 contracts

Samples: Manufactured Home Space Lease Agreement, Lot Lease Agreement

TRANSFER OF LESSOR'S INTEREST. In the event that Lessor sells, assigns or otherwise transfers its interest in the Community or manufactured homePremises, this Agreement shall be binding on the purchaser, assignee or transferee. Lessor shall be automatically relieved of any obligations obligation or liability hereunder as of the date of such sale, assignment, or transfer, provided that the obligations and liability hereunder are assumed in writing by said purchaser, assignee or transferee. All new residents must be complete on application approval process and have written approval prior to move in.

Appears in 1 contract

Samples: Lease Agreement

TRANSFER OF LESSOR'S INTEREST. In the event that Lessor sells, assigns or otherwise transfers its interest in the Community or manufactured homePremises, this Agreement shall be binding on the purchaser, assignee or transferee. Lessor shall be automatically relieved of any obligations or liability hereunder as of the date of such sale, assignment, or transfer, provided that the obligations and liability hereunder are assumed in writing by said purchaser, assignee or transferee. All new residents must be complete on application approval process and have written approval prior to move in._

Appears in 1 contract

Samples: Manufactured Home Space Lease Agreement

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TRANSFER OF LESSOR'S INTEREST. In the event that Lessor sells, assigns or otherwise transfers its interest in the Community or the manufactured home, this Agreement shall be binding on the purchaser, assignee or transferee. Lessor shall be automatically relieved of any obligations or liability hereunder as of the date of such sale, assignment, or transfer, provided that the obligations and liability hereunder are assumed in writing by said purchaser, assignee or transferee. All new residents must be complete on application approval process and have written approval prior to move in.

Appears in 1 contract

Samples: Riverside Terrace Manufactured Home Community

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