Examples of Burdened property in a sentence
The Burdened Property Owner shall continue to provide the Off-Site Parking Spaces for the benefit of the Benefited Property, until such time as the Benefited Property Owner replaces the Off-Site Parking Spaces, in the manner provided in Paragraph 6 of this Agreement.
The Burdened Property Owner shall provide the Town with a title policy or other evidence of title, acceptable to the Town Attorney, showing that the Burdened Property Owner owns in fee simple absolute the Burdened Property, prior to the issuance of any certificate of occupancy, temporary or otherwise, for the Benefited Property.
These remedies include, but are not limited to: The refusal to issue any building permit or certificate of occupancy for the Burdened Property; The revocation of any certificate of occupancy, temporary or otherwise, for the Benefited Property or the Burdened Property; or Any other remedy available at law.
In executing this Agreement, the Benefited Property Owner and the Burdened Property Owner waive all objections they may have concerning defects, if any, in the formalities related to the execution of this Agreement, or concerning the power of the Town to impose conditions on the Benefited Property Owner or the Burdened Property Owner, as set forth herein, and concerning the procedure, substance and form of the motions or resolutions approving this Agreement.
Any certificate of occupancy that is issued for the Benefited Property, temporary or otherwise, is subject to the continued availability of the Off-Site Parking Spaces for use by the Benefited Property Owner at the Burdened Property.