Extract to table

None of the identified issues appear to be fatal to the transaction, but certain items — particularly the utility easement encroachment on Lot 3, the outstanding deed of trust in favor of Crowne Albany Savings Bank, and the need for a thorough review of the recorded Declaration of Covenants, Conditions, and Restrictions — must be addressed promptly to maintain the current closing timeline

Existing Deed of Trust (Crowne Albany Savings Bank): Must be released and satisfied of record simultaneously with or prior to closing

Outstanding Municipal Liens: All real property taxes and assessments must be confirmed current through the closing date and prorated per the terms of the Purchase and Sale Agreement

CC&Rs Review: The recorded Declaration of Covenants, Conditions, and Restrictions must be obtained and analyzed for potential use conflicts with the planned mixed-use residential and retail development

must be confirmed as certified to Tidewater and cross-referenced against all Schedule B easement exceptions

Entity Authority Documentation: Formation documents, good standing certificates, and authorizing resolutions for the JV and its members must be assembled and delivered