PZR Report definition
Examples of PZR Report in a sentence
Except as described in the PZR Report, in the event that all or any part of the Improvements are destroyed or damaged, said Improvements can be legally reconstructed to their condition prior to such damage or destruction, and thereafter exist for the same use without violating any zoning or other ordinances applicable thereto and without the necessity of obtaining any variances or special permits.
Except as described in the PZR Report or the Property Condition Report, Borrower and the Property (including, but not limited to the Improvements) and the use thereof comply in all respects with all applicable Legal Requirements, including parking, building and zoning and land use laws, ordinances, regulations and codes the noncompliance of which would reasonably be expected to result in, or does result in, a Material Adverse Effect.
The post-closing undertaking provides that within 60 days of the closing date, borrower shall provide lender with evidence, satisfactory to lender, that the open violation with regard to work without a permit, installing a ceiling fan, listed in the PZR Report prepared by ZAG Zoning Analysis Group, Ltd.
To Borrower’s knowledge and except as described in the PZR Report or the Property Condition Report, no legal proceedings are pending or threatened with respect to the zoning of the Property and neither the zoning nor any other right to use or operate the Property is in any way dependent upon or related to any property other than the Property.
Except as otherwise set forth in the PZR Report delivered to Lender in connection with Loan, Borrower and the Property and the use thereof comply in all material respects with all applicable Legal Requirements (including with respect to parking and applicable zoning and land use laws, regulations and ordinances).
To Borrower’s knowledge and except as described in the PZR Report or the Property Condition Report, no legal proceedings are pending or threatened with respect to the zoning of 47 the Property and neither the zoning nor any other right to use or operate the Property is in any way dependent upon or related to any property other than the Property.
To ▇▇▇▇▇▇▇▇’s knowledge and except as described in the PZR Report or the Property Condition Report, no legal proceedings are pending or threatened with respect to the zoning of the Property and neither the zoning nor any other right to use or operate the Property is in any way dependent upon or related to any property other than the Property.
Except as otherwise set forth in the PZR Report delivered to Lender in connection with Loan, Borrower, Owner and the Property and the use thereof comply in all material respects with all applicable Legal Requirements (including with respect to parking and applicable zoning and land use laws, regulations and ordinances).
Except as described in the PZR Report or the Property Condition Report, Borrower and the Property (including, but not limited to the Improvements) and the use thereof comply in all respects with all applicable Legal Requirements, including parking, building and zoning and land use laws, ordinances, regulations and codes.
Based upon the PZR Report for the Property (a copy of which Borrower has delivered to Lender) and the mortgagee title insurance policy for the Deed of Trust (collectively, the “Property Reports”), Borrower is in compliance with the requirements of all applicable Laws.