This office lease clause was negotiated into a lease document for an unusual premises to assure utilization of a broad range of common areas. This states that the tenant and its invitees shall throughout the term of the lease continue to enjoy access and utilization of the common areas on a first come first served basis.
Tennessee Clause Assuring Utilization of a Broad Range of Common Areas
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US-OL9012
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How to fill out Clause Assuring Utilization Of A Broad Range Of Common Areas?
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The disclosure statement lets the buyers know about the condition of the property. Failure to disclosure information can result in the canceling of a contract and can be the basis for legal action. The disclosure statement should include the property address and the age of the home.
Some sellers are exempt from making disclosures. Common exceptions include sales or transfers between co-owners, new construction, purchases from lenders after foreclosure, auction sales, or if the Seller has not lived in the home within the 3 years before the Closing.
66-5-209. Exempt property transfers. (12) Any transfer from a debtor in a chapter 7 or a chapter 13 bankruptcy to a creditor or third party by a deed in lieu of foreclosure or by a quitclaim deed.
What does Tennessee law say about disclosure? The Residential Property Disclosure Act in Tennessee Code Annotated § 66-5-201 to 210 requires most sellers of residential real estate to complete a disclosure statement. The disclosure statement lets the buyers know about the condition of the property.
The Act applies to all sales of residential real property consisting of not less than one dwelling unit, but not more than four dwelling units. The Act applies even if real estate agents are not involved in the sale. The disclosure form required in Tennessee is lengthy, detailed and comprehensive.
Summary: Tennessee has updated its laws on condominiums with the passage of the Tennessee Condominium Act of 2008. The statute provides comprehensive provisions dealing with condominiums created after January 1, 2009 and also may apply, in certain instances, to existing condominiums.
The purpose of the A-1 Urban Agricultural Zone is to provide the opportunity for agricultural land and related uses within the City limits. This zone also designed to provide an opportunity for Planned Unit Development (Division 25.
