Common use of PLANNING RESTRICTIONS Clause in Contracts

PLANNING RESTRICTIONS. 27.1 The Buyer buys the property subject to all restrictions on the use or development of the land imposed or prescribed by or under: (a) any law, statute, regulation, by-law, planning scheme or permit condition; or (b) the council or any other authority empowered to control the use or development of the land. 27.2 No such restriction constitutes a defect in the Seller’s title to the property or affects the validity of this contract and the Buyer cannot Object because of any such restriction.

Appears in 2 contracts

Sources: Contract for Houses and Residential Land, Contract for Houses and Residential Land