Property Transfer definition

Property Transfer means a transfer of property between two (2) or more adjacent lots or parcels, if the property taken from one (1) lot or parcel is added to an adjacent lot or parcel and if all resulting lots or parcels conform to the requirements of the Land Division Act, being Act 288 of the Public Acts of 1967, as amended, the Melrose Township Zoning Ordinance, as amended, and this Ordinance. If the property transferred does not independently conform to the requirements of the Land Division Act, being Act 288 of the Public Acts of 1967, as amended, the Melrose Township Zoning Ordinance, as amended, and this Ordinance, then it shall not be considered a development site, but may only be used in conjunction with the lot or parcel to which it was transferred.

Property Transfer means the transfer of the Property by deed1 from the [Federal Agency] to [Transferee].

Property Transfer has the meaning assigned to such term in Section 9.1(1)(a).

Examples of Property Transfer in a sentence

• It is the responsibility of the buyer to file a Property Transfer Affidavit with the assessor for the city or township where the property is located within 45 days of the transfer.

• The information on this Property Transfer Affidavit is NOT CONFIDENTIAL.

• The Seller shall pay State Real Property Transfer Tax imposed by the Tax Law and further agrees to pay the expenses of procuring and recording satisfactions of any existing mortgages.

• The Property Transfer Agreement provided that the purchase price for certain land mineral claims would be equal to 60% of the total mineral property costs incurred by Stealth Minerals Limited as at May 10, 2004.

• The contractor shall use Invoicing, Receipt, Acceptance, and Property Transfer (iRAPT) (an application within WAWF) to receipt property transfer; when iRAPT is not available, the contractor may use with COR concurrence the Defense Logistics Management System (DLMS) standard logistics transaction set 527R to provide materiel receipt acknowledgement.

More Definitions of Property Transfer

Property Transfer means a transaction where each of the following conditions are satisfied substantially simultaneously at the Closing: (a) the Property Transfer Agreement is in full force and effect and the parties thereto are not in breach or default thereof in any material respect and have performed in all material respects their respective obligations thereunder; (b) Property Seller conveys the Property (as defined in the Property Transfer Agreement) to Newco in accordance with the Property Transfer Agreement immediately after the Closing (but, in any event, on the Closing Date); and (c) Newco has obtained an owner’s policy (it being understood and agreed that Parent and Buyer shall each be responsible for 50% of the base premium cost of such policy; provided, that Buyer shall be responsible for 100% of the costs of any endorsements on or extended coverage to such policy) for the Property (as defined in the Property Transfer Agreement) insuring title to the Property (as defined in the Property Transfer Agreement) in accordance with the Property Transfer Agreement.

Property Transfer means the sale, assignment, or other conveyance by all Tenants In Common acting in concert of all, and not less than all, of their entire undivided ownership interests in the Mortgaged Property in its entirety.

Property Transfer means the transfer of controlled fixed assets between using agencies or transfer of property to or from the surplus property program.

Property Transfer means and refers to any “change in ownership,” as defined in Revenue and Taxation Code Sections 60, et seq., of all or any portion of the Property.

Property Transfer shall have the meaning assigned thereto in Section 8.17(b)(ii).

Property Transfer shall have the meaning set forth in Section 23.01(b)(ii) hereof.

Property Transfer. ’ means the sale by the Company and purchase by LCHI of