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Contract analysis / special-warranty-deed-meridian.docx
special-warranty-deed-meridian.docx
1043-00002 · 12 clauses
High · 0 Medium · 2 Standard · 0
1. Real property taxes and assessments for the current tax year and all subsequent tax ye
1. Real property taxes and assessments for the current tax year and all subsequent tax years, not yet due and payable, subject to proration as of the date of closing as provided herein;
2. All matters shown on the title commitment issued by Fidelitas Title & Escrow, Inc. (un
2. All matters shown on the title commitment issued by Fidelitas Title & Escrow, Inc. (underwritten by Sovereign Title Insurance Company), having an effective date of April 10, 2025 (the "Title Commitment"), to the extent not objected to or waived by Grantee in accordance with the terms of the Purchase and Sale Agreement (as defined below);
3. All easements, restrictions, covenants, conditions, reservations, and rights-of-way of
3. All easements, restrictions, covenants, conditions, reservations, and rights-of-way of record affecting the Property;
4. All applicable zoning ordinances and regulations of Loudoun County, Virginia, includin
4. All applicable zoning ordinances and regulations of Loudoun County, Virginia, including, without limitation, the current zoning classification of PD-IP (Planned Development – Industrial Park), and all conditions, proffers, and development conditions associated therewith;
5. Any state of facts that an accurate survey or physical inspection of the Property woul
5. Any state of facts that an accurate survey or physical inspection of the Property would reveal; and
6. All applicable laws, ordinances, statutes, rules, orders, and governmental regulations Medium
⚑ Forum / governing law
6. All applicable laws, ordinances, statutes, rules, orders, and governmental regulations affecting the Property, including, without limitation, those pertaining to environmental protection, wetlands, stormwater management, and land use. TAX PRORATION AND ASSESSMENT Real estate taxes and assessments levied against the Property shall be prorated between Grantor and Grantee as of 12:01 a.m. on the date of settlement, w
1. Real Property Taxes and Assessments. Real estate taxes and assessments for the current
1. Real Property Taxes and Assessments. Real estate taxes and assessments for the current tax year and all subsequent tax years, not yet due and payable, prorated as of the date of settlement in accordance with the terms of this Deed and the settlement statement executed in connection herewith.
2. Title Commitment Matters. All easements, covenants, conditions, restrictions, encumbra
2. Title Commitment Matters. All easements, covenants, conditions, restrictions, encumbrances, and other matters disclosed in the title commitment issued by Fidelitas Title & Escrow, Inc. (Commitment No. __), underwritten by Sovereign Title Insurance Company, with an effective date of April 10, 2025, and all supplements and endorsements thereto, to the extent such matters were not objected to by Grantee or were waive
3. Zoning Ordinances and Governmental Regulations. All applicable zoning ordinances, regu
3. Zoning Ordinances and Governmental Regulations. All applicable zoning ordinances, regulations, proffers, and development conditions of Loudoun County, Virginia, including the current zoning classification of PD-IP (Planned Development – Industrial Park), and all ordinances, regulations, and requirements of any governmental authority having jurisdiction over the Property.
4. Rights-of-Way and Utility Easements. All rights-of-way, utility easements, and related
4. Rights-of-Way and Utility Easements. All rights-of-way, utility easements, and related encumbrances of record, including, without limitation, any existing easements for water, sewer, electric, gas, telecommunications, fiber optic, stormwater, and other utility routing, whether recorded or otherwise apparent from inspection or survey.
5. Survey Matters. All matters shown, disclosed, or revealed on the ALTA/NSPS Land Title
5. Survey Matters. All matters shown, disclosed, or revealed on the ALTA/NSPS Land Title Survey of the Property to be completed by Lumen Ridge Engineering, PLLC (Carlos Esteban, PE, project principal), including, without limitation, setback lines, boundary encroachments, flood zone designations, wetlands areas, and physical conditions of the Property.
6. Additional Specific Exceptions. [Additional specific exceptions to be inserted followi Medium
⚑ Assignment / subcontracting
6. Additional Specific Exceptions. [Additional specific exceptions to be inserted following completion of the title objection and cure process between Calderwood & Harkness LLP (Grace Nakamura, Esq.) representing Grantee and Dunleavy & Marsh, PLLC (Fiona Dunleavy, Esq.) representing Grantor. The final list of Permitted Exceptions shall conform with those approved in the Purchase and Sale Agreement dated April 22, 202