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Resale Agreement for BMR Purchases_20181213
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Resale Agreement for BMR Purchases_20181213
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Last modified
12/13/2022 9:48:38 AM
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12/13/2022 9:36:09 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agreement
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PERM
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Upon receiving notification of a Prohibited Transfer, Agency will give written notice to the Owner, specifying the nature of the Prohibited Transfer. If the violation is not <br /> corrected to the satisfaction of the Agency within ten (10) days after the date of the notice, or within such further time as Agency determines is necessary to correct the violation, <br /> Agency may declare a default under this Agreement. Upon the declaration of a default, Agency may apply to a court of competent jurisdiction for specific performance of the Agreement, <br /> for an injunction prohibiting a proposed sale or transfer in violation of this Agreement, for a declaration that the Prohibited Transfer is void, or for any such other relief as may <br /> be appropriate. <br /> <br />Property Maintenance <br /> <br />Owner recognizes that installation and maintenance of landscaping will materially benefit the property. Owner agrees to diligently maintain and care for installed landscaping, using <br /> generally accepted methods of cultivation and watering. Owner agrees to maintain landscaping that is not maintained by the Homeowners Association as necessary to prevent the landscape <br /> deteriorating to the point its value is destroyed.
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