Examples of Land Administrator in a sentence
Failure by the County to close and deliver such Quit Claim Deed within the 120-day period shall entitle the Successful Bidder to refuse to close the transaction by giving written notice of such action to the Land Administrator.
Award will be made to the highest responsible bidder, provided that the price offered is deemed by the Land Administrator to be equal to or greater than the Fair Market Value as determined by the County’s appraisal.
At that time, the Land Administrator shall direct the Closing Attorney to provide instructions to the Successful Bidder in all matters relating to the closing, including time and date of the closing and the type and amount of funds to be collected at the closing.
Upon the closing of the transaction, the Land Administrator shall distribute all closing documents and cause the deed to be recorded.
The procedures specified herein shall not bar contact with the Land Administrator and employees, contractors or agents of the Land Division with respect to disposition of County owned surplus real estate.
Upon completion of the Bid Evaluation by the Land Administrator and acceptance of the Land Administrator’s recommendation to the County Manager, all bidders shall be notified that a Successful Bidder has been selected.
This is one of the few reported cases where the Land Acquisition Court proceedings is not just between the (previous) landowner (who is interested to increase the market value of the subject land) and the Land Administrator but also involves the agency applying for the acquisition (who is interested to reduce the market value of the subject land).
On 19 December 2009, the Land Administrator of the District of Kuala Selangor (“LADKS”) issued a notification to compulsorily acquire the Land with an award of approximately RM50 million to a secured creditor of LBCN and LBCN as the proprietor of the Land (“the Award”).
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The Real Estate Sales Contract will be awarded to the highest responsive, responsible bidder, provided that the price offered by such bidder is acceptable to the Land Administrator, with the concurrence of the County Manager, based upon its fair market value as determined by appraisal.