Common use of Use and Occupancy of the Property Clause in Contracts

Use and Occupancy of the Property. The Owner shall comply with the following restrictions regarding the use and occupancy of the Property for the duration of the Affordability Period as defined and established in Article 3 of this Agreement. These covenants shall run with the land until the end of the thirty-year affordability period and shall be binding on all parties and persons claiming under them.

Appears in 2 contracts

Sources: Land Use Restriction Agreement, Land Use Restriction Agreement