Vacant Possession definition

Vacant Possession means delivery of possession of the land comprising the Site, free from all Encumbrances, restrictions or impediments and the grant of all Easements and all other rights appurtenant or in relation thereto;
Vacant Possession means delivery of the possession of the Project Site including the existing structures and development work free from all Encumbrances, restrictions or impediments and the grant of all Easements and all other rights appurtenant or in relation thereto.
Vacant Possession means delivery to the Concessionaire of possession of the Project Site or any part thereof, free from all Encumbrances, and the grant of all Easementary Rights and all other rights appurtenant thereto, so that the Concessionaire enjoys complete, uninterrupted and quiet possession and control of the Project Site throughout the subsistence of this Concession Agreement.

Examples of Vacant Possession in a sentence

  • The rental income of each property has been individually assessed and for certain properties it has been ascertained that in arriving at MV-ST no deduction from the prevailing Market Value with Vacant Possession established needs to be made.

  • Vacant Possession means removing all persons and Student’s personal possessions from the Premises and Family Housing.

  • These are less than the rent that would be obtainable on the open market and the Balance Sheet is therefore lower than the Vacant Possession Valuation.

  • Market Value Assuming Vacant Possession In our opinion, the market value of the proposed freehold interest in the property: It may be noted that this is approximate value estimation.

  • However, if the developer has served the Notice to take Vacant Possession, you will not be eligible for the CPF Housing Grant.


More Definitions of Vacant Possession

Vacant Possession means delivery to Operator of possession of the land constituting the Facility Sites free from all encumbrances and the grant of all easementary rights and all other rights appurtenant thereto.
Vacant Possession means delivery of possession of the lands comprising the Project Site, free from all Encumbrances, and the grant of all Easementary Rights and all other rights appurtenant thereto.
Vacant Possession means the delivery of a completed parcel to a purchaser or subsidiary proprietor after the issuance of an occupation permit for the immediate enjoyment of the purchaser or subsidiary proprietor as required to be delivered by the developer to the purchaser or subsidiary proprietor under the sale and purchase agreement;
Vacant Possession means that the Council is or is the beneficiary of agreements which enable it to become the proprietor of the freehold interest in the whole of the relevant Phase (it being acknowledged that where any land is not yet registered as at [Today's Date/20/12/17] then possessory title only may be obtained but that in such event the Partner may at its own cost obtain suitable title indemnity insurance cover) and that no part or parts of the Phase are subject to any rights or covenants (including those benefitting other parts of the Site) which would prevent the undertaking of the Works or their occupation and extends to the removal of service meters from individual properties comprised in the relevant Phase, the removal of any public rights to use part or parts of the Phase as open space PROVIDED THAT this shall not extend to:-
Vacant Possession means the securing by agreement, appropriation or Condition" otherwise of Vacant Possession of the whole of a Phase (or where a Phase is divided into Sub-Phases, then the whole of the relevant Sub-Phase)
Vacant Possession means the detailed strategy including analysis Strategy" commentary and timetable, to be adopted and updated by the Steering Group for the satisfaction of the Vacant Possession Condition in relation to the Site and each Phase
Vacant Possession. In relation to any part of the Site or the Adjacent Areas means the right to and delivery of exclusive possession thereof subject to;