Appurtenant Interests definition
Examples of Appurtenant Interests in a sentence
The parcel of real property to be purchased and sold pursuant to this Agreement and comprised of the Land, Improvements, Included Personal Property, Appurtenant Interests, Tenant Leases and all other property described in Paragraph 4 hereof.
No part of the Appurtenant Interests of any Unit may be sold, leased, transferred or otherwise disposed of, except as part of a sale, lease, transfer or other disposition of the Unit to which such interests are appurtenant, or as part of a sale, lease, transfer or other disposition of such part of the Appurtenant Interests of all Units.
No Unit Owner shall execute any deed, lease, mortgage or other instrument conveying or mortgaging title to his Unit without including therein the Appurtenant Interests, it being the intention hereof to prevent any severance of such combined ownership.
The property to be purchased and sold pursuant to this Agreement and comprised of the Land, Improvements, Included Personal Property, Appurtenant Interests, Tenant Leases and all other property described in Paragraph 4 hereof.
No Unit Owner shall execute any deed, mortgage or other instrument conveying or mortgaging title to such Unit Owner’s Unit without including therein the Appurtenant Interests.
In addition, and for the duration of the Lease Term, Tenant shall enjoy all of Landlord’s Appurtenant Interests under the Operative Documents and under the other Existing Encumbrances.
Any deed, mortgage or other instrument purporting to affect a Unit shall be deemed and taken to include the Appurtenant Interests whether or not such interests are specifically included therein.
Tenant’s agreements and undertakings under this Lease in respect of the Operative Documents and/or the Appurtenant Interests are intended solely for the benefit of Landlord.
No Unit Owner shall execute any deed, lease, mortgage or other instrument conveying or mortgaging title to its Unit without including therein the Appurtenant Interests, it being the intention hereof to prevent any severance of such combined ownership.
No Unit Owner (including the Grantor) shall be liable for the payment of any part of the Common Charges or Limited Common Element Charges assessed against the Unit Owner’s Unit subsequent to a sale, transfer or other conveyance by such Unit Owner including conveyance to the Board of Managers (made in accordance with the provisions of Article VIII of these By-Laws) of such Unit together with the Appurtenant Interests, as defined in Section 1 of Article VIII hereof.