Property Clause Example with 5 Variations from Business Contracts
This page contains Property clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Property. 2.1. The real property ("Property") that is the subject of this offer consists of (insert a brief physical description) is located in the County of Contra Costa , is commonly known as 2700 Systron Drive, Concord, CA and is legally described as: See Addendum (APN: See Addendum). 2.2. If the legal description of the Property is not complete or is inaccurate, this Agreement shall not be invalid and the legal description shall be completed or corrected to meet the requirements of Fidelity National T...itle ("Title Company"), which shall issue the title policy hereinafter described. 2.3. The Property includes, at no additional cost to Buyer, the permanent improvements thereon, including those items which pursuant to applicable law are a part of the property, as well as the following items, if any, owned by Seller and at present located on the Property: electrical distribution systems (power panel, bus ducting, conduits, disconnects, lighting fixtures); telephone distribution systems (lines, jacks and connections only); space heaters; heating, ventilating, air conditioning equipment ("HVAC"); air lines; fire sprinkler systems; security and fire detection systems; carpets; window coverings; wall coverings; and (collectively, the "Improvements"). 2.4. The fire sprinkler monitor: x is owned by Seller and included in the Purchase Price, ̈ is leased by Seller, and Buyer will need to negotiate a new lease with the fire monitoring company, ̈ ownership will be determined during Escrow, or ̈ there is no fire sprinkler monitor. 2.5. Except as provided in Paragraph 2.3, the Purchase Price does not include Seller's personal property, furniture and furnishings, and all of which shall be removed by Seller prior to Closing.View More
Variations of a "Property" Clause from Business Contracts
Property. 2.1. 2.1 The real property ("Property") that is the subject of this offer consists of (insert a brief physical description) An approximate 27,360 square foot facility and an approximate 41,034 square foot facility located upon approximate 226,589 square foot land parcels is located in the City of Sylmar, County of Contra Costa , Los Angeles, State of California, is commonly known as 2700 Systron Drive, Concord, CA by the street address of 12458-12460 Gladstone Avenue and is legally described as:...See Addendum (APN: See Addendum). 2.2. to be provided through escrow (APN; 2525-019-057 and 058). 2.2 If the legal description of the Property is not complete or is inaccurate, this Agreement shall not be invalid and the legal description shall be completed or corrected to meet the requirements of Fidelity National Old Republic Title Company (Attn: Judee Heineman) ("Title Company"), which shall issue the title policy hereinafter described. 2.3. 2.3 The Property includes, at no additional cost to Buyer, the permanent improvements thereon, including those items which pursuant to applicable law are a part of the property, as well as the following items, if any, owned by Seller and at present located on the Property: electrical distribution systems (power panel, bus ducting, conduits, disconnects, lighting fixtures); telephone distribution systems (lines, jacks and connections only); space heaters; heating, ventilating, air conditioning equipment ("HVAC"); air lines; fire sprinkler systems; security and fire detection systems; carpets; window coverings; wall coverings; and (collectively, the "Improvements"). 2.4. 2.4 The fire sprinkler monitor: x þ is owned by Seller and included in the Purchase Price, ̈ is leased by Seller, and Buyer will need to negotiate a new lease with the fire monitoring company, ̈ ownership will be determined during Escrow, or ̈ there is no fire sprinkler monitor. 2.5. 2.5 Except as provided in Paragraph 2.3, the Purchase Price does not include Seller's personal property, furniture and furnishings, and N/A (none) all of which shall be removed by Seller prior to Closing. View More
Property. 2.1. 2.1 The real property ("Property") that is the subject of this offer consists of (insert a brief physical description) an approximately 46,899 square foot building is located in the County of Contra Costa Los Angeles , is commonly known as 2700 Systron Drive, Concord, (street address, city, state, zip) 26050 Mureau Rd, Calabasas, CA 91302 and is legally described as: See Addendum to be supplied in Escrow (APN: See Addendum). 2.2. 2052-043-015 ). 2.2 If the legal description of the Property ...is not complete or is inaccurate, this Agreement shall not be invalid and the legal description shall be completed or corrected to meet the requirements of Fidelity National Title ("Title Company"), which shall issue the title policy hereinafter described. 2.3. 2.3 The Property includes, at no additional cost to Buyer, the permanent improvements thereon, including those items which pursuant to applicable law are a part of the property, as well as the following items, if any, owned by Seller and at present located on the Property: electrical distribution systems (power panel, bus ducting, conduits, disconnects, lighting fixtures); telephone distribution systems (lines, jacks and connections only); space heaters; heating, ventilating, air conditioning equipment ("HVAC"); air lines; fire sprinkler systems; security and fire detection systems; carpets; window coverings; wall coverings; and see Paragraph 26.3 (collectively, the "Improvements"). 2.4. 2.4 The fire sprinkler monitor: x □ is owned by Seller and included in the Purchase Price, ̈ □ is leased by Seller, and Buyer will need to negotiate a new lease with the fire monitoring company, ̈ x ownership will be determined during Escrow, or ̈ □ there is no fire sprinkler monitor. 2.5. Except as provided in Paragraph 2.3, the Purchase Price does not include Seller's personal property, furniture and furnishings, and all of which shall be removed by Seller prior to Closing.View More
Property. 2.1. 2.1 The real property ("Property") that is the subject of this offer consists of (insert a brief physical description) is located in the County of Contra Costa , is commonly known as 2700 Systron Drive, Concord, CA and is legally described as: See Addendum (APN: See Addendum). 2.2. An approximately 64, 678 SF industrial facility on approximately 7.24 acres. 2.2 If the legal description of the Property is not complete or is inaccurate, this Agreement shall not be invalid and the legal descri...ption shall be completed or corrected to meet the requirements of Fidelity National First American Title Company ("Title Company"), which shall issue the title policy hereinafter described. 2.3. 2.3 The Property includes, at no additional cost to Buyer, the permanent improvements thereon, including those items which pursuant to applicable law are a part of the property, as well as the following items, if any, owned by Seller and at present located on the Property: electrical distribution systems (power panel, bus ducting, conduits, disconnects, lighting fixtures); telephone distribution systems (lines, jacks and connections only); space heaters; healers; heating, ventilating, air conditioning equipment ("HVAC"); air lines; fire sprinkler systems; security and fire detection systems; carpets; window coverings; wall coverings; and (collectively, the "Improvements"). 2.4. 2.4 The fire sprinkler monitor: x ☐ is owned by Seller and included in the Purchase Price, ̈ ☐ is leased by Seller, and Buyer will need to negotiate a new lease with the fire monitoring company, ̈ ☑ ownership will be determined during Escrow, or ̈ ☐ there is no fire sprinkler monitor. 2.5. 2.5 Except as provided in Paragraph 2.3, 2.3 the Purchase Price does not include Seller's personal property, furniture and furnishings, and all of which shall be removed by Seller prior to Closing. F.F.&E. View More
Property. 2.1. 2.1 The real property ("Property") that is the subject of this offer consists of (insert a brief physical description) An approximately 30,320 SF two-story R&D/Lab building situated on 18,476 SF of land. is located in the City of Chino, County of, San Bernardino, State of Contra Costa , California, is commonly known as 2700 Systron Drive, Concord, by the street address of 13760 Magnolia Avenue, Chino CA 91710 and is legally described as: See Addendum To be provided by First American Title C...ompany (APN: See Addendum). 2.2. 1021-111-17-0-000). 2.2 If the legal description of the Property is not complete or is inaccurate, this Agreement shall not be invalid and the legal description shall be completed or corrected to meet the requirements of Fidelity National Title ("Title Company"), which shall issue the title policy hereinafter described. 2.3. 2.3 The Property includes, at no additional cost to Buyer, the permanent improvements thereon, including those items which pursuant to applicable law are a part of the property, as well as the following items, if any, owned by Seller and at present located on the Property: electrical distribution systems (power panel, bus ducting, conduits, disconnects, lighting fixtures); telephone distribution systems (lines, jacks and connections only); space heaters; heating, ventilating, air conditioning equipment ("HVAC"); air lines; fire sprinkler systems; security and fire detection systems; carpets; window coverings; wall coverings; and (collectively, the "Improvements"). 2.4. 2.4 The fire sprinkler monitor: x monitor:o is owned by Seller and included in the Purchase Price, ̈ is leased by Seller, and Buyer will need to negotiate a new lease with the fire monitoring company, ̈ x ownership will be determined during Escrow, or ̈ there is no fire sprinkler monitor. 2.5. 2.5 Except as provided in Paragraph 2.3, the Purchase Price does not include Seller's personal property, furniture and furnishings, and all of which shall be removed by Seller prior to Closing. View More
Property. 2.1. 2.1 The real property ("Property") that is the subject of this offer consists of (insert a brief physical description) an approximate 39,043 square foot industrial building is located in the County of Contra Costa , Orange, is commonly known as 2700 Systron Drive, Concord, (street address, city, state, zip) 1500 Lakeview Loop, Anaheim, CA 92807 and is legally described as: See Addendum To be provided by Escrow (APN: See Addendum). 2.2. 346-291-26 ). 2.2 If the legal description of the Prope...rty is not complete or is inaccurate, this Agreement shall not be invalid and the legal description shall be completed or corrected to meet the requirements of Fidelity National First American Title Insurance Company ("Title Company"), which shall issue the title policy hereinafter described. 2.3. 2.3 The Property includes, at no additional cost to Buyer, the permanent improvements thereon, including those items which pursuant to applicable law are a part of the property, as well as the following items, if any, owned by Seller and at present located on the Property: electrical distribution systems (power panel, bus ducting, conduits, disconnects, lighting fixtures); telephone distribution systems (lines, jacks and connections only); space heaters; heating, ventilating, air conditioning equipment ("HVAC"); air lines; fire sprinkler systems; security and fire detection systems; carpets; window coverings; wall coverings; and (collectively, the "Improvements"). 2.4. 2.4 The fire sprinkler monitor: x ̈ is owned by Seller and included in the Purchase Price, ̈ is leased by Seller, and Buyer will need to negotiate a new lease with the fire monitoring company, ̈ x ownership will be determined during Escrow, ̈ or ̈ there is no fire sprinkler monitor. 2.5. 2.5 Except as provided in Paragraph 2.3, the Purchase Price does not include Seller's personal property, furniture and furnishings, and the two-story prefab office structure all of which shall be removed by Seller prior to Closing. end of Leaseback Term. View More
