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Assessments
Assessments contract clause examples

Assessments; Impositions. There are no special or other assessments for public improvements or otherwise now affecting any Property. There are no pending or, to any Borrower’s knowledge, proposed special or other assessments for public improvements or otherwise affecting any Property, nor are there, to any Borrower’s knowledge, any contemplated improvements to any Property that may result in such special or other assessments other than regular real estate tax assessments. There are no outstanding Impositions, and all Impositions that are due and payable have been paid in full. There are no tax abatements or exemptions affecting any Property. There are no license fees or similar charges required in respect to any filled land or in respect of any tideland, wetland or other bodies of water.

. There are no special or other assessments for public improvements or otherwise now affecting the Property, nor do Borrowers have any knowledge that there are any contemplated improvements affecting the Property that may result in such special or other assessments. There are no tax abatements or exemptions affecting the Property. There are no license fees or similar charges required in respect of any filled land, tideland, wetland or other bodies of water. No Individual Property is jointly assessed # with any other real property constituting a separate tax lot or that is otherwise not a part of such Individual Property, or # with any portion of any Individual Property that may be deemed to constitute personal property. Each Individual Property is comprised of one or more parcels, each of which constitutes a separate tax lot and none of which constitutes a portion of any other tax lot that is not a part of such Individual Property.

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