Common use of Replacement of Personal Property Clause in Contracts

Replacement of Personal Property. No Personal Property included as part of the Property shall be removed from the Property unless the same is replaced with similar items of at least equal quality prior to the Closing. Buyer acknowledges that the Management Company may own the computers, software and certain other equipment used at the Real Property.

Appears in 12 contracts

Sources: Purchase and Sale Agreement (Capital Realty Investors Ii LTD Partnership), Purchase and Sale Agreement (Equity Resource Group Inc Et Al), Purchase and Sale Agreement (Equity Resource Group Inc Et Al)

Replacement of Personal Property. No Personal Property included as part of the Property shall be removed from the Property unless the same is replaced with similar items of at least equal quality prior to the Closing. Buyer acknowledges that the Management Company may own the computers, software and certain other equipment used at the Real Property.. A/72601405.7

Appears in 1 contract

Sources: Purchase and Sale Agreement (Berkshire Income Realty Inc)