Common use of Caveats Clause in Contracts

Caveats. (a) The Developer acknowledges and agrees that the Municipality shall be at liberty, pursuant to the Municipal Government Act, upon the execution of this Agreement, to file at the Land Titles Office for the South Alberta Land Registration District a caveat against the Subdivision Area and against the undeveloped portion of the lands described in Schedule “A” for purposes of protecting the Municipality’s interests and rights pursuant to this Agreement.

Appears in 3 contracts

Sources: Development Agreement, Development Agreement, Pregrade Agreement