Larger Parcel definition
Examples of Larger Parcel in a sentence
Subject to such Section 10.11, IBM Confidential 21 22 in the event that the Seller has not sold such Offered Securities within such one hundred eighty (180) day period, the Seller shall not thereafter sell the Offered Securities without first offering such Offered Securities to IBM in the manner provided above.
Also, the difficulties are described when needing to apply the Larger Parcel concept to minerals as part of the overall real estate (is there common use, ownership, propinquity?).
The parties have mutually agreed to a Master Plan for the general development of the Premises and the Larger Parcel which is attached hereto as Exhibit “Al” and entitled “Master Site Plan”.
Larger Parcel Determination and Discussion – As required by Yellow Book, the appraiser of record must determine the larger parcel.
If the land under the Center is a part of a larger parcel of land for assessment purposes (the "Larger Parcel"), the taxes and assessments allocable to the land in the Center for the purpose of determining Real Estate Taxes under this Section shall be deemed a fractional portion of the taxes and assessments levied against the Larger Parcel, the numerator of which is the acreage in the Center and the denominator of which is the acreage in the Larger Parcel.
Landlord and Tenant agree that the Premises and the Larger Parcel during (and limited to) the term of this Lease shall be developed and used only in accordance with a master plan, developed by Landlord.
While SBCTA states in its September 23, 2021 offer letter that, “… the appraisal report takes into consideration the highest and best use of the Larger Parcel …,” nowhere in SBCTA’s appraisal is there any reference to the appraiser’s opinion of the “highest and best use” of the Subject Property.
When the larger parcel is being valued as improved the Value of the Larger Parcel as Improved – Before Condition should contain:• The appraiser must identify the unit of value that will be used to compare the subject property to the comparable sales.
Therefore, the Larger Parcel considered herein is as follows:North Portion 175.5 Acres South Portion 162.9 Acres Boat Access Only: As noted above, the west stretch of Mud Bayou enters the west end of the north parcel, Tract (3b), and this is reported as usable by a flat bottom boat or airboat during higher tides or with sufficient rainy conditions.
While SBCTA states in its September 16, 2021 offer letter that, “… the appraisal report takes into consideration the highest and best use of the Larger Parcel …,” nowhere in SBCTA’s appraisal is there any reference to the appraiser’s opinion of the “highest and best use” of the Subject Property.