Common use of Liens and Assessments Clause in Contracts

Liens and Assessments. There have been no labor or materials furnished to the Property by or on behalf of the Seller for which full payment has not been made or will not be made prior to Closing. To Seller's actual knowledge the Property is not now the subject of any existing assessments for work or improvements either completed or to be completed after the Closing Date. Seller has received no written notice and has no actual knowledge of any public plans or proposals for changes in road grade, access or other municipal improvements which would affect the Real Property.

Appears in 2 contracts

Sources: Purchase and Sale Agreement, Purchase and Sale Agreement (Inland Diversified Real Estate Trust, Inc.)