Common use of No Assessments Clause in Contracts

No Assessments. Seller has received no notice of any (a) assessments against the Property that are unpaid, whether or not they have become liens, except ad valorem taxes for the current year, or (b) any change in the assessed value or basis for levy of taxes regarding the Property.

Appears in 14 contracts

Sources: Purchase and Sale Agreement (Conam Realty Investors 3 L P), Purchase and Sale Agreement (Conam Realty Investors 4 L P), Purchase and Sale Agreement (Conam Realty Investors 5 L P)