Common use of Coastal Construction Control Line Clause in Contracts

Coastal Construction Control Line. Buyer is aware that the Unit and/or portions of the Condominium Property and The Properties may be located in coastal areas partially or totally seaward of the Coastal Construction Control Line as defined in Section 161.053, Florida Statutes. The property being purchased may be subject to coastal erosion and to federal, state, or local regulations that govern coastal property, including the delineation of the Coastal Construction Control Line, rigid coastal protection structures, beach nourishment, and the protection of marine turtles. Additional information can be obtained from the Florida Department of Environmental Protection, including whether there are significant erosion conditions associated with the shoreline of the property being purchased. Buyer is fully apprised of the character of the regulation of property in such coastal areas and Buyer hereby waives and releases any right to receive at closing a survey delineating the location of the Coastal Construction Control Line with respect to the Unit and the Condominium Property in accordance with Section 161.57, F.S.

Appears in 1 contract

Sources: Purchase Agreement

Coastal Construction Control Line. Buyer is aware that the Unit and/or portions of the Condominium Property and The Properties may be located in coastal areas partially or totally seaward of the Coastal Construction Control Line as defined in Section 161.053, Florida Statutes. The property being purchased F.S. and, as such, the Condominium Property may be subject to coastal erosion and to federal, state, or local regulations that govern coastal property, including the delineation of the Coastal Construction Control Line, rigid coastal protection structures, beach nourishment, and the protection of marine turtles. Additional information can be obtained from the Florida Department of Environmental Protection, including whether there are significant erosion conditions associated with the shoreline of the property being purchased. Buyer is fully apprised of the character of the regulation of property in such coastal areas and Buyer hereby waives and releases any right to receive at closing a survey delineating the location of the Coastal Construction Control Line with respect to the Unit and the Condominium Property in accordance with Section 161.57, F.S.

Appears in 1 contract

Sources: Commercial Unit Purchase Agreement (Sotherly Hotels Lp)