Notice of Affordability Restrictions definition

Notice of Affordability Restrictions means the Notice of Affordability Restrictions on Transfer of Property of even date herewith, between the County and Borrower to be recorded against the Property that will restrict the development and operation of the Property to affordable housing.

Notice of Affordability Restrictions means the notice to be executed by the parties in substantially the form attached hereto as Attachment No. 12 and incorporated herein, which shall recite the affordability restrictions and restrictions on transfer imposed on the Site by this Agreement, the Ground Lease, and the Regulatory Agreement, and which shall be recorded against the Site at the Closing for Phase I, all as required by and in compliance with Health and Safety Code Section 33334.3(f)(3)(B).

Notice of Affordability Restrictions shall refer to the Notice of Affordability Restrictions in the form attached to this Agreement as Attachment No. 15, which is incorporated herein by this reference.

Examples of Notice of Affordability Restrictions in a sentence

• Owner agrees and acknowledges that section 33334.3(f)(3) of the California Community Redevelopment Law requires the recording of the Notice of Affordability Restrictions on Transfer of Property, substantially in the form of Exhibit G attached hereto.

• SECTION 406 Agreement Affecting Real Property Concurrently with the Close of Escrow, Developer and City shall execute and cause the recordation of an Agreement Affecting Real Property (Attachment No. 7) and the Notice of Affordability Restrictions (Attachment No. 8), which shall be senior to any security instruments recorded against the Property, without exception.

• You are still required to go over the redacted portion with a black pen in order to highlight that the information has been redacted. Blacking out involves photocopying the original document and using a black marker pen to block out the sensitive material. Redaction tools such as Adobe Acrobat or Pro used to edit content or remove content from documents prior to sharing or releasing.

• The student is responsible for reporting all changes in personal information promptly to the Registrar including, but not limited to, mailing and/or residential address changes and e- mail address changes.

• The City has executed and delivered to Escrow applicable Housing Agreement and Notice of Affordability Restrictions, duly executed and acknowledged.

More Definitions of Notice of Affordability Restrictions

Notice of Affordability Restrictions means that certain Notice of Affordability Restrictions on Transfer of Real Property to be recorded against the Property on the Close of Escrow. The form of the Notice of Affordability Restrictions is attached as Exhibit L.

Notice of Affordability Restrictions means the notice to be executed by the parties in substantially the form attached hereto as Attachment No. 9 and incorporated herein, which shall recite the affordability restrictions and restrictions on transfer imposed on the Site by this Agreement, and the Regulatory Agreement, and which shall be recorded against the Site at the Closing for the Project, all as required by and in compliance with Health and Safety Code Section 33334.3(f)(3)(B).

Notice of Affordability Restrictions refers to the Notice of Affordability Restrictions in form as attached hereto as Attachment No. 8.

Notice of Affordability Restrictions means the Notice of Affordability Restrictions on Transfer of Property to be recorded against the Site, substantially in the form attached to this Agreement as Exhibit J of Part I of Exhibits.

Notice of Affordability Restrictions means the Notice of Affordability Restrictions on Transfer of Property, in a form provided by the City, that will be recorded at the Close of Escrow in the Official Records against the Developer's fee interest in the Property and will restrict the development and operation of the Affordable Units to affordable housing under Sections 33334.3 and/or 334131(5) of the Community Redevelopment Law, or successor provisions. The form of the Notice of Affordability Restrictions is attached to this Agreement as Exhibit H.

Notice of Affordability Restrictions means the Notice of Affordability Restrictions on Transfer of Property between the Beneficiary and Trustor recorded against the Property concurrently herewith.

Notice of Affordability Restrictions means a recordable instrument substantially in the form of Attachment No. 5.