[{"data":1,"prerenderedAt":516},["ShallowReactive",2],{"document-land-use-restriction-agreement-D13425":3},{"document":4,"label":21,"preview":11,"thumb":22,"description":5,"descriptionCustom":6,"apiDescription":5,"pages":8,"extension":10,"parents":23,"breadcrumb":27,"related":33,"customDescModule":171,"customdescription":6,"mdFm":172,"mdProseHtml":515},{"description":5,"descriptionCustom":6,"label":7,"pages":8,"size":9,"extension":10,"preview":11,"thumb":12,"svgFrame":13,"seoMetadata":14,"parents":16,"keywords":15},"LAND USE RESTRICTION AGREEMENT This Land Use Restriction Agreement (the \"Agreement\") is effective on [DATE], BETWEEN: [NAME OF GRANTOR], (the \"Grantor\") an individual with their main address located at OR a Company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] AND: [NAME OF GRANTEE], (the \"Grantee\") an individual with their main address located at OR a Company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] WHEREAS, the Grantor is the owner of a certain parcel of land located at [ADDRESS OF LAND] (the \"Land\") and desires to impose restrictions on the use of the Land; NOW, THEREFORE, THE PARTIES AGREE AS FOLLOWS: PURPOSE The purpose of this Agreement is to impose restrictions on the use of the Land located at [ADDRESS OF LAND]. The Grantor hereby covenants and represents that they are the owner of the Land and have the right to impose restrictions on its use. RESTRICTIONS The Grantor hereby restricts the use of the Land as follows: [SPECIFY THE RESTRICTIONS]. DURATION OF THE RESTRICTIONS The restrictions set forth in this Agreement shall run with the Land and shall be binding on the Grantor, the Grantee, and their respective heirs, executors, administrators, assigns, and successors, in interest. The restriction shall continue in full force and shall be effective for [NUMBER OF YEARS OR MONTHS] from the date of this Agreement. ENFORCEMENT The restrictions set forth in this Agreement shall be enforceable by the Grantor, the Grantee, and any other Person or entity having an interest in the Land. INDEMNIFICATION The Parties agree that each will defend, indemnify and hold harmless the other for all claims, demands, actions, suits, proceedings, judgments, damages, losses, costs and expenses, including without limitation reasonable attorneys' fees, incurred by one Party (the \"Indemnitee\") to the extent resulting from any claim or action brought or threatened for acts or omissions of the other Party (the \"Indemnitor\"), and/or of the Indemnitor's servants, employees, agents, licensees or invitees for any breach, violation and/or nonperformance of any covenant or provision of this Agreement applicable to the Indemnitor or negligence or any willful misconduct of the Indemnitor. This indemnification will remain in effect after the termination or expiration of this Agreement. TERMINATION Notwithstanding any provision to the contrary, this Agreement may be terminated at any time prior to the Effective Time by either Party. In the event of such termination, this Agreement shall become void and no Party or any of its officers and directors shall have any liability to any Person by reason of this Agreement. FORCE MAJEURE No Party (or any Person acting on its behalf) shall have any liability or responsibility for failure to fulfill any obligation (other than a payment obligation) under this Agreement so long as and to the extent to which the fulfillment of such obligation is prevented, frustrated, hindered or delayed as a consequence of circumstances of force majeure",null,"Land Use Restriction Agreement","4",513,"doc","https://templates.business-in-a-box.com/imgs/1000px/land-use-restriction-agreement-D13425.png","https://templates.business-in-a-box.com/imgs/250px/13425.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#13425.xml",{"title":15,"description":6},"land use restriction agreement",[17,20],{"label":18,"url":19},"Legal Agreements","/templates/business-legal-agreements/",{"label":18,"url":19},"Land Use Restriction Agreement Template","https://templates.business-in-a-box.com/imgs/400px/13425.png",[24,17,20],{"label":25,"url":26},"Templates","/templates/",[28,29,30],{"label":25,"url":26},{"label":18,"url":19},{"label":31,"url":32},"Real Estate & Leases","/templates/real-estate-and-leases/",[34,38,42,46,50,54,58,62,66,70,74,78,82,99,115,128,143,157],{"label":35,"url":36,"thumb":37,"extension":10},"Land Lease Agreement","/template/land-lease-agreement-D13423","https://templates.business-in-a-box.com/imgs/250px/13423.png",{"label":39,"url":40,"thumb":41,"extension":10},"Land Purchase Agreement","/template/land-purchase-agreement-D13424","https://templates.business-in-a-box.com/imgs/250px/13424.png",{"label":43,"url":44,"thumb":45,"extension":10},"Vehicle Use Agreement","/template/vehicle-use-agreement-D13798","https://templates.business-in-a-box.com/imgs/250px/13798.png",{"label":47,"url":48,"thumb":49,"extension":10},"Equipment Use Agreement","/template/equipment-use-agreement-D12844","https://templates.business-in-a-box.com/imgs/250px/12844.png",{"label":51,"url":52,"thumb":53,"extension":10},"License to Use Agreement","/template/license-to-use-agreement-D1149","https://templates.business-in-a-box.com/imgs/250px/1149.png",{"label":55,"url":56,"thumb":57,"extension":10},"Employee Company Vehicle Use Agreement","/template/employee-company-vehicle-use-agreement-D13833","https://templates.business-in-a-box.com/imgs/250px/13833.png",{"label":59,"url":60,"thumb":61,"extension":10},"Website Service Agreement Terms of Use","/template/website-service-agreement-terms-of-use-D840","https://templates.business-in-a-box.com/imgs/250px/840.png",{"label":63,"url":64,"thumb":65,"extension":10},"Acceptable Use Policy","/template/acceptable-use-policy-D12622","https://templates.business-in-a-box.com/imgs/250px/12622.png",{"label":67,"url":68,"thumb":69,"extension":10},"Computer Use Policy","/template/computer-use-policy-D705","https://templates.business-in-a-box.com/imgs/250px/705.png",{"label":71,"url":72,"thumb":73,"extension":10},"AI Acceptable Use Policy","/template/ai-acceptable-use-policy-D13900","https://templates.business-in-a-box.com/imgs/250px/13900.png",{"label":75,"url":76,"thumb":77,"extension":10},"IT Acceptable Use Policy","/template/it-acceptable-use-policy-D13720","https://templates.business-in-a-box.com/imgs/250px/13720.png",{"label":79,"url":80,"thumb":81,"extension":10},"Term Of Use","/template/term-of-use-D12706","https://templates.business-in-a-box.com/imgs/250px/12706.png",{"description":83,"descriptionCustom":6,"label":84,"pages":85,"size":9,"extension":10,"preview":86,"thumb":87,"svgFrame":88,"seoMetadata":89,"parents":91,"keywords":90,"url":98},"GROUND LEASE AGREEMENT This Ground Lease Agreement (the \"Agreement\") is effective [DATE], BETWEEN: [FIRST PARTY NAME] (the \"Landlord\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] AND: [SECOND PARTY NAME] (the \"Tenant\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] WHEREAS the Landlord wishes to lease its property to the Tenant so that the Tenant can use it to develop it for the purpose as mentioned further in the Agreement. WHEREAS the Tenant wishes to take the property on lease and develop it for the purpose as mentioned further in the Agreement. NOW THEREFORE, in consideration of the Premises and of the mutual agreements contained in this Agreement, the Parties hereto agree as follows: GRANT AND TERM Grant: Premises The Landlord is the owner of certain real property located at ___________________, state/city/province of ___________________________________ legally described on Exhibit A attached hereto and made a part hereof (the \"Land\"). The Landlord wishes to lease that portion of the Land (the \"Premises\") to the Tenant. For and in consideration of the agreement of the Tenant to pay Rent (as hereinafter defined) and other sums herein provided, and to perform the terms, covenants and conditions herein contained, the full performance and observance of which are hereby agreed to by the Tenant, the Landlord hereby leases to the Tenant, and the Tenant hereby leases from the Landlord, the Premises. Term The Term of this Lease shall commence on the date hereof (the \"Commencement Date\"), and shall continue in effect for a Term of (____) years (the \"Initial Term\"), unless sooner terminated as provided herein. The Tenant shall have five (5) consecutive options to renew and extend the Term of this Lease upon the same terms and conditions contained herein for five (5) consecutive periods of five (5) years each (the \"Renewal Terms\"), provided that no default exists at the time of exercise of any such option, unless the Landlord waives such default. Such options shall be exercised by written notice from the Tenant to the Landlord, received by the Landlord not less than one hundred eighty (180) days prior to the expiration of the Term, as extended. As used herein, the term \"Lease Year\" means a period of twelve (12) consecutive calendar months beginning on the Commencement Date, and the Term shall mean the period from the Commencement Date through to the Expiration Date. PURPOSE Purpose The Tenant intends to construct and operate _________________________________________ upon the Premises. Compliance; Restrictions The Tenant shall not use or occupy the Premises, or permit the Premises to be used or occupied: (i) contrary to any statute, rule, order, ordinance, requirement or regulation applicable thereto; (ii) in any manner which would violate any certificate of occupancy affecting the same; (iii) in any manner which would cause structural injury to the Improvements; (iv) in any manner which would cause the value or usefulness of the Premises, or any part thereof, to diminish; or (v) in any manner which would constitute a public or private nuisance or waste. The Tenant and all Subtenants (as hereinafter defined), shall not (i) use the Premises or any Improvements now or hereafter constructed thereon for: (i) the treatment, storage, disposal, burial, or placement of any \"hazardous substance\" (as that term is defined under applicable laws), pollutants, contaminants or any other substance, the treatment, storage, disposal, burial or placement of which is regulated under any state, federal or local statute, law, rule, regulation or ordinance, except to the extent that such are generally used in offices or are reasonably required in the normal practice of any Subtenant's medical specialty, and then only to the extent permitted by, and in strict compliance with, applicable law; or (ii) permit the release of any hazardous substance, pollutants, contaminants or other substances regulated under applicable federal, state or local statute, rule, regulation or ordinance onto the Premises or into the subsurface thereof or into any surface or ground waters unless said use or release is in compliance with all applicable statutes, laws, rules, regulations and ordinances or pursuant to a valid and current permit or permits from all governmental authorities having jurisdiction over the Tenant, the Premises or the use and occupancy of the Premises by the Tenant and the Subtenants. The Landlord acknowledges and agrees that the Landlord shall indemnify and hold the Tenant and the Subtenants harmless from and against any and all losses, costs, liabilities and claims relating to the treatment, storage, disposal, burial or placement of any hazardous substance at the Premises prior to the date the Tenant accepts possession and control of the Premises (the \"Possession Date\"). Prohibited Use If the use of the Premises by the Tenant or any Subtenant, through no act or fault of the Tenant or such Subtenant should at any time during the Term be prohibited by law, ordinance or other governmental regulation, or prevented by injunction, this Lease shall remain in full force and effect, notwithstanding the passage of such law, ordinance, governmental regulation or injunction, provided, however, that in the event that the uses set forth in Section 2.1 are prohibited as aforesaid, the Tenant shall have the right to use the Premises for any other lawful purpose not inconsistent with the provisions of Section 2.2 above. RENT The Tenant shall pay the Landlord the following amounts: Rent: Upon the Effective Date, the Tenant shall pay to the Landlord as rent (\"Rent\") for the Leased Premises, the sum of ________________________________________yearly. No Setoff All Rents shall be paid to the Landlord without demand and without setoff at the offices of the Landlord specified herein, or at such other address as the Landlord may from time to time designate to the Tenant by notice in the manner hereinafter provided. Net Lease Except as may otherwise be specifically provided in this Lease or by agreement by the Parties, it is the intention of the Landlord and the Tenant that the Rent herein specified shall be completely net to the Landlord in each year during the Term of this Lease, that all costs, expenses and obligations of every kind relating to the Premises which may arise or become due during the Term of this Lease shall be paid by the Tenant, and that the Landlord shall be indemnified by the Tenant against such costs, expenses and obligations, provided, however, that the Tenant shall be under no obligation to pay interest on any mortgage on the fee of the Premises, any franchise or income tax payable by the Landlord, or any gift, inheritance, transfer, estate or succession tax by reason of any present or future law which may be enacted during the Term of this Lease. All taxes, charges, costs and expenses which the Tenant is required to pay under this Lease, together with all interest and penalties that may accrue thereon in the event of the Tenant's failure to pay such amounts, and all damages, costs and expenses which the Landlord may incur by reason of any default of the Tenant or failure on the Tenant's part to comply with the Term of this Lease, shall be deemed to be additional rent hereunder (hereinafter called \"Additional Rent\"), and, in the event of nonpayment by the Tenant, the Landlord shall have all the rights and remedies with respect thereto as the Landlord has for the nonpayment of the above specified Base Annual Rent. This Lease shall be liberally construed in favor of the Landlord, to give effect to the above intention of the Parties that this shall be an absolutely net Lease","Ground Lease Agreement","23","https://templates.business-in-a-box.com/imgs/1000px/ground-lease-agreement-D12868.png","https://templates.business-in-a-box.com/imgs/250px/12868.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#12868.xml",{"title":90,"description":6},"ground lease agreement",[92,95],{"label":93,"url":94},"Real Estate","real-estate-business",{"label":96,"url":97},"Business Checklists","business-checklists","/template/ground-lease-agreement-D12868",{"description":100,"descriptionCustom":6,"label":101,"pages":102,"size":9,"extension":10,"preview":103,"thumb":104,"svgFrame":105,"seoMetadata":106,"parents":108,"keywords":107,"url":114},"REAL ESTATE PURCHASE AGREEMENT This Real Estate Purchase Agreement (the \"Agreement\") is effective [DATE], BETWEEN: [SELLER NAME], (the \"Seller\") an individual with his main address located at OR a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] AND: [PURCHASER NAME], (the \"Purchaser\") an individual with his main address located at OR a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] Collectively, the Seller and Purchaser shall be referred to as the \"Parties.\" WHEREAS, the Seller is the owner of the real property located at [ADDRESS OF PROPERTY] (hereinafter referred to as the \"Property\") and the Purchaser is interested in buying the Property from the Seller pursuant to the following terms and conditions. WHEREAS, in consideration of and as a condition of the Seller selling the Property and the Purchaser purchasing the Property and other valuable consideration, the receipt and sufficiency of which are acknowledged here; NOW, THEREFORE, the Parties agree as follows: PROPERTY The Property is situated at [SPECIFY ADDRESS] and the legal description of the Property is as follows: [SPECIFY LEGAL DESCRIPTION OF PROPERTY] which includes with it but is not limited to permits, easements, and cooperative and association memberships (the \"Property\"). The Seller agrees to sell and convey to the Purchaser and the Purchaser agrees to purchase the Property from the Seller. The Seller shall release possession, occupancy, existing keys and/or means to operate all locks, mailbox, security system/alarms and all common area facilities to the Purchaser on the Closing Date. The Seller agrees that all the existing fixtures on the Premises, and any existing personal property including but not limited to light fixtures, fireplace, ceiling fans, lighting, and storage sheds shall be included in this sale and shall be transferred with no monetary value, and free and clear of all liens or encumbrances. PAYMENT OF PURCHASE PRICE The Purchaser agrees to pay to the Seller [SPECIFY AMOUNT] for the Property. At the time of signing of the Agreement, the Purchaser shall make the payment of [SPECIFY PERCENTAGE] % of the total amount. The remaining amount shall be transferred to the Seller on the Closing Date. The Purchaser is entitled to pay the amount by any of the following modes: [SPECIFY MODES OF PAYMENT]. TITLE INSURANCE The Seller shall furnish to the Purchaser an owner's policy of title insurance (the \"Title Insurance\") from [SPECIFY INSURANCE COMPANY] (the \"Title Company\") in an amount of the Sales Price dated as of the date that the sale of the Property becomes final, and the Purchaser takes possession, which insures and indemnifies the Purchaser against loss, as stipulated under the provisions of the Title Policy, subject to exceptions contained therein. TITLE COMMITMENT At the Seller's sole cost, the Seller will furnish or cause to be furnished to the Purchaser a commitment for the Title Insurance and copies of restrictive covenants and documents evidencing the exceptions in the Commitment. DISCLOSURES BY THE SELLER The Seller shall send disclosures to the Purchaser, within 28 days of signing of this Agreement, in which he shall disclose the details of the Property under various categories. The categories include: Boundaries. Changes made to the Property (extensions, alterations). Shared areas with neighbors, formal and informal agreements. Disputes or complaints (made by or about the Seller). Occupiers (who live at the Property). Guarantees and warranties affecting the Property. Environmental matters. The relevant issues disclosed to the Purchaser shall include, but are not limited to the following: Any disputes with neighbors that have resulted in written exchanges, or police or local authority involvement. Whether the neighbors have any anti-social behavior orders. Planning permission on the Property that is pending, granted or denied. Problems with pests, current or historic. Flooding issues, current or historic. Structural issues. Whether there is a flight path nearby or one planned. Whether there is a motorway within view or one planned. A previous sale falling through due to bad survey results on the Property. The neighborhood having high levels of crime. A violent death that occurred at the Property. Notwithstanding anything contained in the foregoing provisions, the Seller shall disclose all such information which would materially affect the Purchaser's consent to purchase the Property. WARRANTY BY THE SELLER The Seller has full power and authority to enter into and perform this Agreement in accordance with its terms; The individuals executing this Agreement on behalf of the Seller are authorized to do so and, upon execution hereof, this Agreement shall be binding upon and enforceable against the Seller; The Seller has no actual knowledge of any impending lawsuits with respect to the Property; The Seller represents and warrants that there will be no liens, assessments, or security interests from third parties against the Property on the Closing Date; The Seller warrants and shall maintain and repair the Premises so that at the time of possession, all the heating, cooling, mechanical, plumbing and electrical systems, and built-in appliances shall be in working condition; The Seller warrants that the Premises, including all additional existing personal property included in the sale, will be in substantially the same condition, except the changes caused by reasonable wear and tear or irresistible force, as on the date of acceptance of the Agreement; The Seller warrants that no damage would be caused to the Property, by any improvement work being carried out by the Seller in the Property, to substantially reduce its value or damage it in a way to make its enjoyment difficult. WARRANTY BY THE PURCHASER The Purchaser has full power and authority to enter into and perform this Agreement in accordance with its terms; and Any individual executing this Agreement on behalf of the Purchaser is authorized to do so, and, upon execution hereof, this Agreement shall be binding upon and enforceable against the Purchaser. INDEMNIFICATION The Seller will bear all the risk of loss to the Property or its improvements, which includes but is not limited to physical damage or destruction to the Property, or loss caused by eminent domain, until the Closing Date. If prior to the Closing Date, the Property is damaged or destroyed, the Seller will restore the Property to its previous condition as soon as possible before the Closing Date. The Seller agrees to defend, indemnify, and hold the Purchaser harmless from and against all claims, liabilities, obligations, costs, expenses, and reasonable attorney's fees arising out of or related to: Any breach or inaccuracy of representation or warranty of the Seller made in this Agreement; Any failure by the Seller to perform any covenant required to be performed by it under this Agreement; Any liability or obligation of any third party assumed by the Seller in accordance with the terms of this Agreement; Use of the Property before the Closing Date. PRORATION The Seller and the Purchaser agree to proration of the following items: Title Insurance and Closing Fee: The Seller shall pay all costs of the Title Commitment and the premium as applicable under law. Recording Costs: The Purchaser shall pay the cost of the deed and all other documents. Real Estate Taxes and Special Assessments: All real estate property taxes, levies and assessments as of the Closing","Real Estate Purchase Agreement","8","https://templates.business-in-a-box.com/imgs/1000px/real-estate-purchase-agreement-D13234.png","https://templates.business-in-a-box.com/imgs/250px/13234.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#13234.xml",{"title":107,"description":6},"real estate purchase agreement",[109,111],{"label":18,"url":110},"business-legal-agreements",{"label":112,"url":113},"Purchase & Sale Agreements","purchase-sale-agreement","/template/real-estate-purchase-agreement-D13234",{"description":116,"descriptionCustom":6,"label":117,"pages":118,"size":9,"extension":10,"preview":119,"thumb":120,"svgFrame":121,"seoMetadata":122,"parents":124,"keywords":123,"url":127},"RESIDENTIAL SERVICE AGREEMENT This Residential Service Agreement (the \"Agreement\") is made and effective this [DATE], BETWEEN: [COMPANY NAME] (the \"Service Provider\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], [COUNTRY], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [CUSTOMER NAME] (the \" Customer\"), an individual/company with their main address located at: [COMPLETE ADDRESS] WHEREAS, the Service Provider agrees to provide residential services to the Customer under the terms and conditions set forth herein; WHEREAS, the Customer desires to engage the Service Provider for the provision of these services; IT IS HEREBY AGREED THAT: SERVICES PROVIDED 1.1 The Service Provider agrees to provide the following residential services to the Customer: a. [Service 1: Detailed description of the service including scope, frequency, and any specific requirements]. b. [Service 2: Detailed description of the service including scope, frequency, and any specific requirements]. c. [Service 3: Detailed description of the service including scope, frequency, and any specific requirements]. 1.2 The Service Provider will ensure that all services are performed by qualified and experienced personnel. 1.3 The Service Provider will use high-quality materials and equipment in the provision of services. 1.4 The Service Provider will provide a schedule of services to the Customer and adhere to this schedule unless otherwise agreed upon in writing. 1.5 Any changes to the scope of services will be agreed upon in writing by both Parties. TERM 2.1 The term of this Agreement shall commence on [START DATE] and continue until [END DATE], unless terminated earlier in accordance with this Agreement. 2.2 Either Party may terminate this Agreement by providing [NUMBER OF DAYS] days' written notice to the other Party. In the event of a breach of any terms of this Agreement, the non-breaching Party may terminate this Agreement immediately upon written notice. 2.3 Upon termination, the Service Provider will ensure a smooth transition and handover of any ongoing tasks to the Customer or a new service provider, if applicable. COMPENSATION 3.1 The Customer agrees to pay the Service Provider a fee of [AMOUNT] in [CURRENCY], payable as follows: [PAYMENT TERMS]. 3.2 The Service Provider will submit invoices to the Customer on a [MONTHLY/QUARTERLY] basis, and payment will be made within [NUMBER OF DAYS] days of receipt of the invoice. 3.3 Any additional expenses incurred by the Service Provider in the performance of its duties must be pre-approved by the Customer and will be reimbursed upon submission of appropriate documentation. 3.4 Late payments will incur a late fee of [LATE FEE AMOUNT] or [PERCENTAGE]% per month until paid in full. 3.5 The Service Provider reserves the right to suspend services if payments are not received within [NUMBER OF DAYS] days of the due date. CONFIDENTIALITY 4.1 The Service Provider agrees to maintain the confidentiality of all proprietary and confidential information of the Customer, both during and after the term of this Agreement. 4.2 The Service Provider will not disclose any confidential information to third parties without prior written consent from the Customer. 4.3 The obligations of confidentiality will survive the termination of this Agreement. 4.4 The Customer agrees to maintain the confidentiality of any proprietary information or trade secrets of the Service Provider that may be disclosed during the term of this Agreement. COMPLIANCE WITH LAWS 5.1 The Service Provider agrees to comply with all applicable laws and regulations in the performance of its duties under this Agreement. 5","Residential Service Agreement","5","https://templates.business-in-a-box.com/imgs/1000px/residential-service-agreement-D14047.png","https://templates.business-in-a-box.com/imgs/250px/14047.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#14047.xml",{"title":123,"description":6},"residential service agreement",[125,126],{"label":18,"url":110},{"label":18,"url":110},"/template/residential-service-agreement-D14047",{"description":129,"descriptionCustom":6,"label":130,"pages":131,"size":9,"extension":10,"preview":132,"thumb":133,"svgFrame":134,"seoMetadata":135,"parents":137,"keywords":136,"url":142},"NON-DISCLOSURE AGREEMENT (NDA) This Non-Disclosure Agreement (the \"Agreement\") is made and effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the \"Disclosing Party\"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [RECEIVING PARTY NAME] (the \"Receiving Party\"), an individual with his main address located at OR a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] WHEREAS, Receiving Party has been or will be engaged in the performance of work on [DESCRIBE]; and in connection therewith will be given access to certain confidential and proprietary information; and WHEREAS, Receiving Party and Disclosing Party wish to evidence by this Agreement the manner in which said confidential and proprietary material will be treated. NOW, THEREFORE, it is agreed as follows: NON-DISCLOSURE OF CONFIDENTIAL INFORMATION Both Parties understand and agree that each Party may have access to the confidential information of the other party. For the purposes of this Agreement, \"Confidential Information\" means proprietary and confidential information about the Disclosing Party's (or it's suppliers') business or activities. Such information includes all business, financial, technical, and other information marked or designated by such Party as \"confidential\" or \"proprietary.\" Confidential Information also includes information which, by the nature of the circumstances surrounding the disclosure, ought in good faith to be treated as confidential. For the purposes of this Agreement, Confidential Information does not include: Information that is currently in the public domain or that enters the public domain after the signing of this Agreement. Information a Party lawfully receives from a third Party without restriction on disclosure and without breach of a non-disclosure obligation. Information that the Receiving Party knew prior to receiving any Confidential Information from the Disclosing Party. Information that the Receiving Party independently develops without reliance on any Confidential Information from the Disclosing Party. Each Party agrees that it will not disclose to any third Party or use any Confidential Information disclosed to it by the other Party except when expressly permitted in writing by the other Party. Each Party also agrees that it will take all reasonable measures to maintain the confidentiality of all Confidential Information of the other Party in its possession or control. TERM The term of this Agreement is [number] of [years/months] from the date of execution by both Parties. TITLE The Receiving Party agrees that all Confidential Information furnished by the Disclosing Party shall remain the sole property of the Disclosing Party. DISCLAIMER","Non Disclosure Agreement Nda","3","https://templates.business-in-a-box.com/imgs/1000px/non-disclosure-agreement-nda-D12692.png","https://templates.business-in-a-box.com/imgs/250px/12692.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#12692.xml",{"title":136,"description":6},"non disclosure agreement nda",[138,139],{"label":18,"url":110},{"label":140,"url":141},"Confidentiality Agreements","confidentiality-agreement","/template/non-disclosure-agreement-nda-D12692",{"description":144,"descriptionCustom":6,"label":145,"pages":146,"size":9,"extension":10,"preview":147,"thumb":148,"svgFrame":149,"seoMetadata":150,"parents":152,"keywords":155,"url":156},"MEMORANDUM OF UNDERSTANDING This Memorandum of Understanding (\"MOU\"), is made and entered into as of [EFFECTIVE DATE], BETWEEN: [PARTY A] (the \"Company\"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [PARTY B] (PARTNER/RESELLER], an individual with his main address located at [SPECIFY] OR a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] PURPOSE AND SCOPE The purpose of this MOU is to clearly identify the roles and responsibilities of each party as they relate to [ SPECIFY]. In particular, this MOU in intended to [SPECIFY OR DESCRIBE THE WAY IN WHICH THE PARTIES WILL COLLABORATE]. BACKGROUND [Brief description of the parties involved in the MOU with mention of any current/historical ties to this project] [PARTY A] RESPONSIBILITIES UNDER THIS MOU [PARTY A] shall undertake the following activities: [SPECIFY AND EXPLAIN] [PARTY B] RESPONSIBILITIES UNDER THIS MOU [Party B] shall undertake the following activities: [SPECIFY AND EXPLAIN] UNDERSTANDINGS","Memorandum of Understanding","2","https://templates.business-in-a-box.com/imgs/1000px/memorandum-of-understanding-D12548.png","https://templates.business-in-a-box.com/imgs/250px/12548.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#12548.xml",{"title":151,"description":6},"memorandum of understanding",[153,154],{"label":18,"url":110},{"label":18,"url":110},"memorandum understanding","/template/memorandum-of-understanding-D12548",{"description":158,"descriptionCustom":6,"label":159,"pages":160,"size":161,"extension":10,"preview":162,"thumb":163,"svgFrame":164,"seoMetadata":165,"parents":166,"keywords":169,"url":170},"DEED OF SALE This Deed of Sale (the \"Agreement\") is effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the \"Vendor\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [COMPANY NAME] (the \"Purchaser\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] BEFORE [INDIVIDUAL NAME] the undersigned Notary of the State/Province of [STATE/PROVINCE], practicing in the City of [CITY]. APPEARED: [COMPANY NAME], constituted under the Companies Act [SPECIFY] in the form of a company, having its head office and establishment directly concerned at [FULL ADDRESS], State/Province of [STATE/PROVINCE], herein acting and represented by [SPECIFY], its [SPECIFY] duly authorized for the purposes hereof under the terms of a resolution of the Board of Directors of the said company adopted on [SPECIFY] day, [SPECIFY] [YEAR] a certified copy of which resolution is hereto annexed after having been acknowledged as true and signed by the said representative with and in the presence of the undersigned notary (hereinafter called the \"Vendor\"); - AND - [COMPANY NAME], constituted under the [SPECIFY COMPANY ACT] the form of a company, having its head office at [FULL ADDRESS], Province of [STATE/PROVINCE], herein acting and represented by [SPECIFY], duly authorized for the purposes hereof under the terms of a resolution of the Board of Directors of the said company adopted on [SPECIFY DAY] [SPECIFY YEAR] a certified copy of which resolution is hereto annexed after having been acknowledged as true and signed by the said representative with and in the presence of the undersigned notary (hereinafter called the \"Purchaser\"). SALE The Vendor does hereby sell, assign and make over, with legal warranty, to the Purchaser hereto present and accepting, the following immoveable property namely: DESCRIPTION An emplacement situated in the City of [CITY], State/Province of [STATE/PROVINCE], known and designated as: Part of original lot number [NUMBER] RANGE [SPECIFY] on the land register of [NAME OF THE CITY], Registration [SPECIFY DIVISION]. Bounded and described as follows (Example): To the north-east, by another part of lot [SPECIFY NUMBER], owned by the Municipality of [STATE/PROVINCE], measuring along the said line [NUMBER] meters; to the [SPECIFY DIRECTION], by another part of lot [SPECIFY NUMBER], owned by the Municipality of [STATE/PROVINCE], measuring along the said line [NUMBER] meters to the [SPECIFY DIRECTION], by another part of lot [SPECIFY NUMBER] known as [SPECIFY] street, measuring along the said line [SPECIFY] meters and [SPECIFY] centimeters (m); to the [SPECIFY DIRECTION], by another part of lot [SPECIFY NUMBER], owned by the Municipality of [SPECIFY], measuring along the said side [SPECIFY] meters and [SPECIFY] centimeters (m); forming an area of [SPECIFY]. The [SPECIFY DIRECTION] side is parallel and situated at a distance of [SPECIFY NUMBER] meters from the separating line between lots [SPECIFY NUMBERS], and the south-east corner is situated at a distance of [SPECIFY] meters, measuring along the [NAME OF THE STREET] Street to the [SPECIFY DIRECTION] side of road [NUMBER]. With a building thereon erected bearing the civic number [FULL ADDRESS], [STATE/PROVINCE]. (Hereinafter referred to as the \"Property\") TITLE AND POSSESSION The Vendor acquired the Property in virtue of a Deed of Sale executed before [INDIVIDUAL NAME], Notary, on [EFFECTIVE DATE], and registered at the Registration [SPECIFY DIVISION] under the number [NUMBER] and a Deed of Correction executed before [INDIVIDUAL NAME], Notary, on the [DATE] day of [YEAR] and registered at the [SPECIFY] Registry Office under the number [NUMBER]. The Purchaser shall be the absolute owner of the presently sold Property as and from this date and will take vacant possession thereof forthwith. VENDOR'S DECLARATIONS The Vendor declares and warrants: That the Property is free and clear of all hypothecs and encumbrances whatsoever, save and except the following assumed by the purchaser: a Deed of Loan and Hypothec granted by [COMPANY NAME] [STATE/PROVINCE] in favor of [COMPANY NAME] and registered at said Registry Division under number [NUMBER]; That upon execution of the present Deed of Sale, the Purchaser shall have good and marketable title to the Property, free and clear of all encumbrances and rights; That all assessments, taxes and rates, both general and special, affecting the Property, have been paid to date; the [COMPANY NAME] hereto hereby acknowledging that all adjustments will be made between themselves and to their mutual satisfaction, as and from the date of [DATE] [YEAR]; That the Property is in conformity with all municipal by-laws and regulations and any governmental regulations which may be applicable; That it has not received any notice from any federal, provincial, municipal or other governmental authority, board, commission or agency having jurisdiction over the Property notifying the Vendor or placing it in default to conform to any [YOUR COUNTRY LAW], by-law, ordinance or regulation relating to fire, health, zoning, police rules or otherwise and the Vendor is not aware of any violation or infraction thereof nor has it received any notice advising it of a proposed acquisition of any portion of the Property by such statutory bodies whether \"à l'amiable\", or by expropriation, or in any way suggesting that a reserve is contemplated with respect to the Property; That it has not received with respect to the Property, any notices, demands, orders or directions from any federal, provincial, municipal or other governmental authority, board, commission or agency, notifying the Vendor or placing it in default or requiring it to conform or perform work pursuant to any [YOUR COUNTRY LAW], regulations or by-laws relating to the protection of the environment; That to its knowledge, the Property is not and has not been insulated with Urea-Formaldehyde foam and that it did not and does not contain any hazardous or waste products whether as landfill or otherwise; That there are no contracts, agreements, arrangements or understandings between Vendor and/or its predecessors in title with any third parties affecting the Property or to which the Purchaser would be bound; That there no claims, actions or judgments pending or outstanding which relate to the Property; That the Property is the state and as described in the Certificate of Location prepared by [INDIVIDUAL NAME], [STATE/PROVINCE] Land Surveyor, on [DATE] under his minute number [NUMBER]; That the Property is not subject to the provisions of the [SPECIFY YOUR COUNTRY CULTURAL PROPERTY ACT/LAW/RULE] or of the [YOUR COUNTRY AGRICULTURAL LAND PROTECTION ACT/LAW/RULE] or any regulations or directives thereunder; That the Vendor is classified as a [COUNTRY] Resident and not as a \"non resident person\" within the meaning of the Income Tax Act ([COUNTRY]) and the Taxation Act, [STATE/PROVINCE], ([YEAR] Statutes), the Vendor making this present declaration conscientiously believing it to be true and knowing that it is of the same force and effect as if made under oath and by and in virtue of the [COUNTRY] Evidence Act; and That the Vendor declares that it has not contracted with any third party or real estate agent or broker and that no commissions or finder's fee and alike in relation to the present sale is due and holds harmless the Purchaser in relation thereto. CONDITIONS The present sale is thus made subject to the following charges and conditions, to the fulfillment whereof the Purchaser binds and obliges himself, namely: To pay the costs of this Deed, of its registration and of the required copies.","Deed of Sale Real Estate Property","7",76,"https://templates.business-in-a-box.com/imgs/1000px/deed-of-sale_real-estate-property-D1172.png","https://templates.business-in-a-box.com/imgs/250px/1172.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#1172.xml",{"title":6,"description":6},[167,168],{"label":93,"url":94},{"label":96,"url":97},"deed sale real estate property","/template/deed-of-sale-real-estate-property-D1172",false,{"seo":173,"reviewer":185,"legal_disclaimer":189,"quick_facts":190,"at_a_glance":192,"personas":196,"variants":221,"glossary":247,"clauses":281,"how_to_fill":332,"common_mistakes":373,"faqs":398,"industries":426,"comparisons":443,"diy_vs_lawyer":458,"jurisdictions":471,"related_template_ids_curated":492,"schema":503,"classification":504},{"meta_title":174,"meta_description":175,"primary_keyword":176,"secondary_keywords":177},"Land Use Restriction Agreement Template | Free Word Download","Free Land Use Restriction Agreement template. Covers permitted uses, prohibited activities, enforcement, and duration.","land use restriction agreement template",[15,178,179,180,181,182,183,184],"land use restriction agreement word","land use restriction agreement free","lura template","property use restriction agreement","restrictive covenant agreement","land restriction covenant template","affordable housing land use restriction",{"name":186,"credential":187,"reviewed_date":188},"Bruno Goulet","CEO, Business in a Box","2026-05-02",true,{"difficulty":191,"legal_review_recommended":189,"signature_required":189,"notarization_required":189},"advanced",{"what_it_is":193,"when_you_need_it":194,"whats_inside":195},"A Land Use Restriction Agreement (LURA) is a legally binding document recorded against a property title that restricts how the land or improvements on it may be used for a defined period — often 15 to 99 years. This free Word download gives you a professionally structured starting point you can edit online and export as PDF to share with lenders, public agencies, or counterparties before execution and recording.\n","Use it when a public agency, tax credit program, lender, or grantor requires enforceable long-term restrictions on how a property is operated — most commonly in affordable housing, conservation, commercial development, and government-funded real estate projects. It is also used between private parties to protect adjoining land values or development rights.\n","Definitions of permitted and prohibited uses, compliance and monitoring obligations, remedies and enforcement mechanisms, term and termination provisions, recording requirements, and governing law. The document is designed to bind not just the current owner but all future successors and assigns who take title to the property.\n",[197,201,205,209,213,217],{"title":198,"use_case":199,"icon_asset_id":200},"Affordable housing developers","Satisfying LIHTC or HUD program requirements for income-restricted units","persona-real-estate-developer",{"title":202,"use_case":203,"icon_asset_id":204},"Commercial property owners","Accepting use restrictions in exchange for zoning variances or public financing","persona-commercial-property-owner",{"title":206,"use_case":207,"icon_asset_id":208},"Nonprofit land trusts","Preserving conservation, agricultural, or open-space land in perpetuity","persona-nonprofit-exec",{"title":210,"use_case":211,"icon_asset_id":212},"Municipal and public agencies","Ensuring publicly funded properties remain compliant with program obligations","persona-government-agency",{"title":214,"use_case":215,"icon_asset_id":216},"Real estate attorneys","Drafting or reviewing LURAs on behalf of owners, lenders, or grant recipients","persona-real-estate-attorney",{"title":218,"use_case":219,"icon_asset_id":220},"Lenders and equity investors","Protecting their financial interest by locking in permitted use conditions on collateral","persona-lender",[222,226,230,234,238,241,244],{"situation":223,"recommended_template":224,"slug":225},"Low-Income Housing Tax Credit (LIHTC) project requiring income and rent restrictions","LIHTC Land Use Restriction Agreement","land-use-restriction-agreement-D13425",{"situation":227,"recommended_template":228,"slug":229},"Conservation or agricultural land to be protected from development","Conservation Easement Agreement","deed-granting-easement-D976",{"situation":231,"recommended_template":232,"slug":233},"Commercial property with deed-based use restrictions between private parties","Restrictive Covenant Agreement","covenant-not-to-sue-D871",{"situation":235,"recommended_template":236,"slug":237},"Neighbor-to-neighbor restrictions on a subdivision or planned community","Declaration of Covenants, Conditions, and Restrictions (CC&Rs)","restrictive-covenants-for-employment-agreements-D555",{"situation":239,"recommended_template":240,"slug":237},"Government-funded property requiring ongoing compliance monitoring","Regulatory Agreement and Declaration of Restrictive Covenants",{"situation":242,"recommended_template":243,"slug":229},"Historic building receiving tax incentives with use and alteration restrictions","Historic Preservation Easement",{"situation":245,"recommended_template":84,"slug":246},"Ground lease with restrictions on improvements and permitted uses","ground-lease-agreement-D12868",[248,251,254,257,260,263,266,269,272,275,278],{"term":249,"definition":250},"Land Use Restriction Agreement (LURA)","A recorded legal instrument that restricts how a property may be used for a specified term, binding all current and future owners.",{"term":252,"definition":253},"Restrictive Covenant","A clause in a deed or separate agreement that limits what an owner can do with their property, enforceable by a named beneficiary or the general public.",{"term":255,"definition":256},"Recording","The act of filing a signed, notarized instrument with the county recorder or land registry office so it appears in the public title chain and binds future purchasers.",{"term":258,"definition":259},"Run with the Land","A legal concept describing obligations or rights that automatically transfer to each successive owner of the property without need for a new agreement.",{"term":261,"definition":262},"Beneficiary / Monitoring Agency","The party — often a public agency, lender, or land trust — that has the legal right to enforce the restrictions and may conduct periodic compliance inspections.",{"term":264,"definition":265},"Permitted Use","The specific activities or occupancy types the agreement expressly allows on the property for the duration of the restriction period.",{"term":267,"definition":268},"Income-Restriction Covenant","A LURA provision limiting occupancy to households earning below a defined percentage of Area Median Income (AMI), typically required by affordable housing tax credit programs.",{"term":270,"definition":271},"Term / Compliance Period","The duration for which the restrictions remain in force, ranging from a fixed number of years (e.g., 30 or 55 years) to perpetuity depending on the program and jurisdiction.",{"term":273,"definition":274},"Cure Period","The number of days a property owner has to remedy a documented violation before the monitoring agency may exercise enforcement remedies such as injunctive relief or recapture.",{"term":276,"definition":277},"Subordination Agreement","A recorded document in which a senior lienholder agrees to allow the LURA to remain in effect even in the event of foreclosure, preserving the use restrictions for future owners.",{"term":279,"definition":280},"Area Median Income (AMI)","The midpoint household income for a geographic area, published annually by HUD, used to set income and rent limits for affordable housing programs.",[282,287,292,297,302,307,312,317,322,327],{"name":283,"plain_english":284,"sample_language":285,"common_mistake":286},"Recitals and Background","States the context for the agreement — the funding source, program requirements, property description, and the parties' intent — giving courts background for interpretation disputes.","WHEREAS, [OWNER NAME] ('Owner') has received [PROGRAM FUNDING / TAX CREDITS] from [AGENCY NAME] in connection with the development of [PROPERTY ADDRESS] ('Property'), and WHEREAS, [AGENCY NAME] requires that the Property be subject to the restrictions set forth herein for a period of [TERM] years;","Treating recitals as boilerplate and copying them from a prior project. Recitals that reference the wrong program, funding amount, or property description create ambiguity that undermines enforcement.",{"name":288,"plain_english":289,"sample_language":290,"common_mistake":291},"Definitions","Establishes precise meanings for key terms used throughout the agreement — 'Restricted Units,' 'Qualified Tenant,' 'AMI,' 'Compliance Period' — so every obligation is unambiguous.","'Qualified Household' means a household whose annual income does not exceed [X]% of Area Median Income as determined by [HUD / AGENCY] for [COUNTY], adjusted for household size.","Using defined terms inconsistently — writing 'Qualified Tenant' in the definitions block but 'Eligible Resident' in the compliance section. Inconsistent terminology voids the connection between obligations and defined standards.",{"name":293,"plain_english":294,"sample_language":295,"common_mistake":296},"Permitted and Prohibited Uses","Enumerates exactly what the property may and may not be used for during the restriction period, leaving no gap for an owner to claim an unlisted use was implicitly allowed.","Owner shall use the Property solely for [PERMITTED USE — e.g., residential rental housing for Qualified Households]. Owner shall not use or permit the Property to be used for [PROHIBITED USES — e.g., market-rate rental, commercial, industrial, or short-term vacation rental purposes].","Defining permitted use broadly as 'residential purposes' without specifying income-targeting requirements. A court may interpret any residential use — including luxury rentals — as compliant.",{"name":298,"plain_english":299,"sample_language":300,"common_mistake":301},"Income and Rent Restrictions","For affordable housing LURAs, specifies the percentage of units that must be leased to households at or below a defined AMI percentage and sets maximum allowable rents.","At least [X]% of the Restricted Units shall be occupied by Qualified Households earning no more than [Y]% of AMI. Monthly rent for each Restricted Unit shall not exceed [Z]% of [Y]% AMI divided by 12, adjusted for utility allowances per [HUD/AGENCY] guidelines.","Stating rent limits as a fixed dollar amount rather than as a percentage of AMI. Fixed-dollar limits become obsolete or non-compliant within one or two annual HUD rent limit updates.",{"name":303,"plain_english":304,"sample_language":305,"common_mistake":306},"Compliance Monitoring and Reporting","Defines how the owner demonstrates ongoing compliance — annual certification submissions, record-keeping requirements, tenant income verification, and the monitoring agency's right to inspect.","Owner shall submit an Annual Compliance Report to [AGENCY] by [DATE] each year, documenting tenant income, rent levels, and unit occupancy. [AGENCY] shall have the right, upon [X] days' written notice, to inspect the Property and review all tenant files.","Omitting a record-retention period. Without specifying how long tenant income files must be kept — typically 6 years after the compliance period ends — owners discard records needed for final audits.",{"name":308,"plain_english":309,"sample_language":310,"common_mistake":311},"Transfer and Assignment Restrictions","Restricts the owner's ability to sell, transfer, or encumber the property without the monitoring agency's prior written consent, and requires any buyer to expressly assume all LURA obligations.","Owner shall not sell, transfer, or assign the Property without the prior written consent of [AGENCY]. Any permitted Transfer shall be conditioned upon the transferee executing and recording an assumption agreement in a form approved by [AGENCY].","No assumption requirement on transfer. A LURA recorded on title binds future owners constructively, but requiring a written assumption at closing makes enforcement far cleaner and prevents 'I didn't know' defenses.",{"name":313,"plain_english":314,"sample_language":315,"common_mistake":316},"Default, Cure Period, and Remedies","Defines what constitutes a default, how much time the owner has to cure it, and what remedies the monitoring agency may pursue — including injunctive relief, damages, or recapture of tax credits or grant funds.","If Owner fails to cure any Default within [30] days of written notice (or within [90] days for Defaults not reasonably curable within 30 days), [AGENCY] may pursue any remedy available at law or in equity, including specific performance, injunctive relief, and recovery of [GRANT FUNDS / TAX CREDIT RECAPTURE AMOUNTS].","Setting a single 30-day cure period for all defaults regardless of type. Complex operational defaults — like bringing a noncompliant building into income-targeting compliance — require a longer cure window with a remediation plan.",{"name":318,"plain_english":319,"sample_language":320,"common_mistake":321},"Term, Expiration, and Termination","States the agreement's start date, duration, any mandatory extended-use period, and the conditions under which it may be terminated early — typically only by mutual written consent of all recorded parties.","This Agreement shall be effective upon recordation and shall remain in full force for a period of [TERM] years ('Compliance Period'). Upon expiration, Owner shall record a release instrument in [COUNTY] within [60] days. Early termination requires written consent of [AGENCY] and all lienholders of record.","No release mechanism at expiration. If the agreement contains no provision for recording a release, the restriction technically remains in the title chain indefinitely and clouds marketability after the compliance period ends.",{"name":323,"plain_english":324,"sample_language":325,"common_mistake":326},"Subordination and Non-Disturbance","Addresses the LURA's priority relative to existing and future mortgages, and whether a lender foreclosing on the property will be bound by or can extinguish the restrictions.","Owner shall obtain from each holder of a Mortgage encumbering the Property a Subordination, Non-Disturbance, and Attornment Agreement in a form acceptable to [AGENCY], providing that the restrictions set forth herein shall survive foreclosure or deed-in-lieu thereof.","Failing to obtain lender subordination agreements before recording the LURA. A senior mortgage recorded before the LURA can extinguish restrictions upon foreclosure, rendering the entire compliance structure unenforceable.",{"name":328,"plain_english":329,"sample_language":330,"common_mistake":331},"Governing Law, Notice, and Recording","Specifies the jurisdiction whose law governs the agreement, how formal notices must be delivered, and the requirement that the executed, notarized document be recorded in the county land records where the property is located.","This Agreement shall be governed by the laws of [STATE/PROVINCE]. All notices shall be in writing and delivered by certified mail or overnight courier to the addresses set forth herein. Owner shall record this Agreement with the [COUNTY] Recorder within [X] days of execution.","Signing but not recording the LURA before the property closes or funding is disbursed. An unrecorded LURA is not binding on subsequent purchasers and may trigger program non-compliance findings.",[333,338,343,348,353,358,363,368],{"step":334,"title":335,"description":336,"tip":337},1,"Identify the parties and the property","Enter the owner's full legal entity name (not a trade name), the monitoring agency or beneficiary's name, and the property's legal description as it appears on the deed — including APN or parcel number.","Pull the legal description directly from the current deed or title report. Even minor discrepancies between the LURA and recorded deed can delay or prevent recordation.",{"step":339,"title":340,"description":341,"tip":342},2,"Define the program context in the recitals","Specify the funding source, tax credit allocation, or grant program that requires the LURA, including the allocation amount and award date. Recitals that reference the wrong program or year create interpretation problems later.","Attach a copy of the funding award letter or tax credit allocation as an exhibit so the recitals can be verified without searching external records.",{"step":344,"title":345,"description":346,"tip":347},3,"Set the permitted and prohibited use provisions","Be precise about what is allowed — residential, commercial, agricultural, conservation — and explicitly list prohibited uses. For affordable housing, tie permitted use directly to the income-targeting requirements in the next clause.","List prohibited uses as specifically as prohibited activities, not just categories. 'Short-term vacation rental via any platform, including Airbnb and VRBO' is more enforceable than 'transient use.'",{"step":349,"title":350,"description":351,"tip":352},4,"Complete the income and rent restriction clause","Enter the AMI percentages, the minimum percentage of restricted units, and the rent calculation methodology. Reference the applicable HUD or agency rent schedule by year and confirm it updates automatically as limits are published annually.","Cross-reference the income and rent figures against the current HUD income limits table for the specific county before execution — limits vary significantly by metropolitan area.",{"step":354,"title":355,"description":356,"tip":357},5,"Define compliance monitoring obligations","Specify the Annual Compliance Report due date, the records the owner must maintain (tenant income certifications, lease files, rent rolls), the retention period, and the agency's inspection rights and notice requirements.","Build in a 60-day buffer before the annual report deadline so tenants have time to submit recertification documents before the owner files.",{"step":359,"title":360,"description":361,"tip":362},6,"Set the default, cure, and remedies provisions","Define at least three categories of default (monetary, occupancy, reporting), set tiered cure periods appropriate to each type, and list the specific remedies available — injunctive relief, grant recapture, specific performance.","Include a provision allowing the monitoring agency to step in and cure a default on the owner's behalf (at the owner's cost) if the owner fails to act — this protects program funding without immediate litigation.",{"step":364,"title":365,"description":366,"tip":367},7,"Obtain lender subordination agreements","Before recording the LURA, obtain a signed SNDA from every existing mortgage holder on the property. Confirm each lender agrees the LURA survives foreclosure. File the SNDA simultaneously with or before the LURA.","Some public agency programs require the SNDA to be in the agency's approved form — confirm this before negotiating with the lender to avoid a second round of signatures.",{"step":369,"title":370,"description":371,"tip":372},8,"Execute with notarization and record","Have all parties sign before a notary public. Record the fully executed, notarized LURA with the county recorder in the jurisdiction where the property is located, and provide a conformed copy with the recording information to all parties.","Confirm the recording fees and any transfer tax exemptions that apply to LURAs in the specific county before submission — some jurisdictions exempt government-required restriction agreements from standard recording fees.",[374,378,382,386,390,394],{"mistake":375,"why_it_matters":376,"fix":377},"Recording the LURA after closing or funding disbursement","An unrecorded LURA does not bind subsequent purchasers and typically constitutes a program compliance violation that can trigger tax credit recapture or grant repayment demands.","Make LURA recordation a condition precedent to closing and loan funding — confirm the recording stamp is on the instrument before funds are released.",{"mistake":379,"why_it_matters":380,"fix":381},"Using fixed dollar rent limits instead of AMI-percentage formulas","Fixed dollar amounts become non-compliant within one or two HUD annual updates, requiring an amendment to the recorded instrument to restore compliance.","Express rent limits as a formula tied to the applicable HUD rent schedule for the county, updated automatically each year, rather than a specific dollar figure.",{"mistake":383,"why_it_matters":384,"fix":385},"No lender subordination agreement","A senior mortgage recorded before the LURA may extinguish the use restrictions upon foreclosure, eliminating affordable housing compliance obligations and exposing the owner to recapture liability.","Obtain a signed SNDA from every existing lienholder before or simultaneously with LURA recordation, confirming the restrictions survive foreclosure.",{"mistake":387,"why_it_matters":388,"fix":389},"Omitting a post-expiration release mechanism","Without an explicit release clause, the expired LURA remains in the title chain as a cloud on the property's marketability, requiring a costly quiet title action to remove.","Include a clause requiring the monitoring agency to record a release instrument within 60 days of the compliance period's end, and specify the form of release as an exhibit.",{"mistake":391,"why_it_matters":392,"fix":393},"No assumption requirement on property transfer","Although a recorded LURA runs with the land, buyers who do not sign an assumption agreement are more likely to claim ignorance of specific compliance obligations, leading to disputes and program findings.","Require the owner to obtain the monitoring agency's written consent before any transfer and condition consent on the buyer executing a recorded assumption agreement.",{"mistake":395,"why_it_matters":396,"fix":397},"Single flat cure period for all default types","A 30-day cure period for a reporting default is reasonable; the same window for an occupancy compliance default — requiring tenant qualification, re-leasing, or unit conversion — is operationally impossible and sets the owner up for automatic enforcement.","Use tiered cure periods: 10–15 days for monetary defaults, 30 days for reporting defaults, and 90–180 days (with a remediation plan) for occupancy and income-targeting defaults.",[399,402,405,408,411,414,417,420,423],{"question":400,"answer":401},"What is a Land Use Restriction Agreement?","A Land Use Restriction Agreement (LURA) is a legally binding instrument recorded against a property's title that limits how the land and any buildings on it may be used for a specified period — typically 15 to 99 years. It binds not just the current owner but all future purchasers and successors who take title. LURAs are most commonly required by affordable housing tax credit programs, government grant agencies, conservation land trusts, and commercial lenders with specific collateral-use requirements.\n",{"question":403,"answer":404},"When is a Land Use Restriction Agreement required?","A LURA is typically required whenever a property receives public subsidy, tax credits, or grant funding that is conditioned on a specific use — most commonly Low-Income Housing Tax Credit (LIHTC) allocations, HOME Investment Partnerships Program funding, CDBG grants, or conservation easement programs. Private parties also use LURAs when a neighbor or buyer agrees to accept long-term use restrictions in exchange for a price concession, easement, or development right.\n",{"question":406,"answer":407},"How long does a Land Use Restriction Agreement last?","Duration depends on the program or agreement. LIHTC LURAs typically require a minimum 15-year initial compliance period plus a 15-year extended-use period, for a combined minimum of 30 years — many states impose 55-year terms. Conservation easements are often perpetual. Private-party LURAs run for whatever term the parties negotiate. Always confirm the term required by the specific program before drafting, as shorter terms can disqualify the project from funding.\n",{"question":409,"answer":410},"Does a Land Use Restriction Agreement run with the land?","Yes. A properly recorded LURA runs with the land, meaning it binds every future owner, heir, or assignee who takes title — not just the party who signed it. This is the core function of recording the instrument: constructive notice to all future purchasers that the restriction exists. An unrecorded LURA does not run with the land and is only enforceable against the original signatory.\n",{"question":412,"answer":413},"What happens if a property owner violates a Land Use Restriction Agreement?","The monitoring agency or beneficiary may pursue remedies including injunctive relief (a court order requiring compliance), specific performance, damages, and — for tax credit or grant-funded properties — recapture of allocated credits or repayment of grant funds. Most LURAs include a cure period (typically 30 to 180 days depending on the default type) before enforcement remedies may be triggered. Repeated or willful violations may result in acceleration of recapture demands.\n",{"question":415,"answer":416},"What is the difference between a LURA and a conservation easement?","Both are recorded instruments that restrict property use, but they serve different purposes. A LURA is typically used in affordable housing and government-funded real estate to restrict occupancy and rent levels, or in commercial contexts to restrict development type. A conservation easement is specifically designed to protect the ecological, agricultural, scenic, or historic character of land from development in perpetuity. Conservation easements often carry federal tax deduction benefits for the grantor that LURAs generally do not.\n",{"question":418,"answer":419},"Can a Land Use Restriction Agreement be terminated early?","In most cases, early termination requires the written consent of all parties with a recorded interest — the monitoring agency, any lienholders who signed subordination agreements, and in some cases a government agency whose program funded the restrictions. Tax credit LURAs cannot typically be terminated during the compliance period without triggering full credit recapture. Termination must itself be recorded to remove the restriction from the title chain.\n",{"question":421,"answer":422},"Does a Land Use Restriction Agreement need to be notarized?","Yes. Because a LURA must be recorded with the county recorder or land registry to be binding on future purchasers, it generally must be notarized in the same manner as a deed — with the owner's signature acknowledged before a notary public. Some programs also require the monitoring agency's signature to be notarized. Check the specific recording requirements for the county where the property is located before execution.\n",{"question":424,"answer":425},"Do I need a lawyer to prepare a Land Use Restriction Agreement?","For most LURAs — particularly those required by government tax credit or grant programs — legal review is strongly recommended. These documents are recorded against title for decades, bind future owners, and interact with senior mortgage documents and program compliance regulations in ways that are difficult to reverse once recorded. A real estate attorney familiar with the applicable program (LIHTC, HOME, CDBG) can typically review or adapt a template in 2 to 6 hours, which is a modest cost relative to the compliance risk of an improperly drafted instrument.\n",[427,431,435,439],{"industry":428,"icon_asset_id":429,"specifics":430},"Affordable Housing Development","industry-real-estate","LIHTC and HOME-funded projects require recorded LURAs specifying income-targeting percentages, AMI limits, maximum rents, and compliance monitoring obligations for 30 to 55 years.",{"industry":432,"icon_asset_id":433,"specifics":434},"Conservation and Land Trusts","industry-nonprofit","Agricultural and conservation organizations use LURAs and easements to restrict development on donated or purchased land, preserving ecological value while managing IRS charitable deduction compliance.",{"industry":436,"icon_asset_id":437,"specifics":438},"Commercial Real Estate","industry-commercial-real-estate","Developers accepting zoning concessions, public financing, or tax increment financing often record LURAs committing to specific commercial uses, employment density targets, or mixed-income requirements.",{"industry":440,"icon_asset_id":441,"specifics":442},"Government and Public Agencies","industry-government","Municipalities and housing finance agencies require LURAs as a condition of grant disbursement, loan guarantees, or tax credit allocations to ensure publicly funded assets remain compliant with program objectives.",[444,447,451,454],{"vs":228,"vs_template_id":445,"summary":446},"D{CONSERVATION_EASEMENT_ID}","A conservation easement permanently restricts development to protect the ecological, agricultural, or scenic character of land, and typically qualifies the grantor for a federal charitable tax deduction. A LURA is primarily used in affordable housing and publicly funded real estate to restrict occupancy and rent levels for a defined compliance period. Both run with the land when recorded, but their purposes, durations, and tax implications differ significantly.",{"vs":448,"vs_template_id":449,"summary":450},"Deed Restriction","D{DEED_RESTRICTION_ID}","A deed restriction is a covenant embedded directly in a property deed that limits use — common in subdivisions and planned communities. A LURA is a separate, standalone recorded instrument typically required by a government program, lender, or agency with its own monitoring and enforcement structure. LURAs are generally more detailed, include compliance reporting obligations, and identify a named beneficiary with active enforcement rights.",{"vs":84,"vs_template_id":452,"summary":453},"ground-lease-agreement-D13427","A ground lease gives a tenant the right to use land for a long term — typically 50 to 99 years — in exchange for rent, while the landowner retains title. A LURA does not transfer possession; it restricts how the owner uses their own property without any lease relationship. Ground leases are used to control development on community land trust properties; LURAs are used to restrict the use of properties where the owner retains full title.",{"vs":455,"vs_template_id":456,"summary":457},"Regulatory Agreement","D{REGULATORY_AGREEMENT_ID}","A regulatory agreement is a contract between a property owner and a government agency establishing program compliance obligations — often covering management, maintenance, insurance, and financial reporting in addition to use restrictions. A LURA is typically narrower, focusing specifically on the land-use and occupancy restrictions that must be recorded on title. Many affordable housing transactions use both: a regulatory agreement for operational obligations and a LURA for the recorded title restriction.",{"use_template":459,"template_plus_review":463,"custom_drafted":467},{"best_for":460,"cost":461,"time":462},"Property owners needing a starting-point draft to share with a program agency or lender before legal review","Free","1–2 hours to complete the template",{"best_for":464,"cost":465,"time":466},"Standard LIHTC, HOME, or grant-funded affordable housing projects with a named monitoring agency","$500–$1,500 for attorney review and recordation preparation","3–7 business days",{"best_for":468,"cost":469,"time":470},"Complex multi-phase developments, perpetual conservation restrictions, multi-lender capital stacks, or cross-jurisdictional properties","$2,500–$8,000+","2–6 weeks",[472,477,482,487],{"code":473,"name":474,"flag_asset_id":475,"note":476},"us","United States","flag-us","LURAs for LIHTC properties are governed by IRC Section 42, which mandates a minimum 15-year initial compliance period plus a 15-year extended-use period. State housing finance agencies (HFAs) often impose 55-year terms. Recording requirements, notarization standards, and transfer taxes vary by county. California, New York, and Texas each have specific HFA-approved LURA forms that must be used for state-allocated tax credit projects.",{"code":478,"name":479,"flag_asset_id":480,"note":481},"ca","Canada","flag-ca","Canada does not have a direct equivalent to the US LIHTC program, but restrictive covenants on land use are commonly used in affordable housing projects funded by CMHC's National Housing Strategy programs. Recording is governed by each province's land titles or registry legislation — Ontario uses the Land Titles Act; British Columbia uses the Land Title Act. Quebec uses a distinct civil law system where similar instruments are registered as real rights at the Registre foncier.",{"code":483,"name":484,"flag_asset_id":485,"note":486},"uk","United Kingdom","flag-uk","Land use restrictions in the UK are typically structured as restrictive covenants registered at HM Land Registry against the burdened title. Affordable housing obligations are frequently imposed through Section 106 Agreements under the Town and Country Planning Act 1990, which bind successors in title. Covenants must be registered to be enforceable against future purchasers. The Law Commission has noted ongoing reform discussions around the law of land obligations in England and Wales.",{"code":488,"name":489,"flag_asset_id":490,"note":491},"eu","European Union","flag-eu","EU member states handle land use restrictions under national property law, which varies significantly — France uses servitudes réelles, Germany uses Grunddienstbarkeiten, and the Netherlands uses kwalitatieve verplichtingen. Social housing programs funded through state aid schemes typically require recorded long-term affordability obligations as a condition of compliance with EU state aid rules. GDPR considerations apply when compliance monitoring involves processing tenant personal data, including income documentation.",[246,493,494,495,496,497,498,229,499,500,501,502],"real-estate-purchase-agreement-D13234","residential-service-agreement-D14047","non-disclosure-agreement-nda-D12692","memorandum-of-understanding-D12548","deed-of-sale-real-estate-property-D1172","property-management-agreement-D1196","license-agreement-D1180","joint-venture-agreement-D889","loan-agreement-D417","service-agreement-D12711",{"emit_how_to":189,"emit_defined_term":189},{"primary_folder":110,"secondary_folder":505,"document_type":506,"industry":507,"business_stage":508,"tags":509,"confidence":514},"real-estate-and-leases","agreement","real-estate","all-stages",[507,510,511,512,513],"land-use-restriction","property-covenant","legal-agreement","title-restriction",0.92,"\u003Ch2>What is a Land Use Restriction Agreement?\u003C/h2>\n\u003Cp>A \u003Cstrong>Land Use Restriction Agreement (LURA)\u003C/strong> is a legally binding instrument recorded against a property's title that restricts how the land and any improvements on it may be used for a defined period — often ranging from 30 years to perpetuity. Unlike a standard lease or license, a LURA does not transfer possession; it imposes binding obligations on the current owner and automatically runs with the land, binding every future purchaser, heir, or assignee who takes title. The agreement identifies a named beneficiary — typically a government housing agency, conservation organization, or lender — that holds active enforcement rights for the duration of the compliance period. LURAs are most frequently required as a condition of receiving Low-Income Housing Tax Credits (LIHTC), HOME Investment Partnerships Program funds, conservation grants, or public financing for commercial development.\u003C/p>\n\u003Ch2>Why You Need This Document\u003C/h2>\n\u003Cp>Without a properly drafted and recorded LURA, publicly funded projects risk tax credit recapture, grant repayment demands, and program disqualification — consequences that can run into hundreds of thousands of dollars per project. An unrecorded or improperly structured LURA that fails to survive a senior mortgage foreclosure can eliminate affordable housing compliance obligations overnight, exposing the owner to full recapture liability. For private-party transactions, the absence of a recorded restriction means a successor owner can simply disregard agreed use limitations with no legal consequence. This template gives you a professionally structured starting point that addresses the critical provisions program agencies and lenders require — permitted use, income targeting, compliance monitoring, lender subordination, transfer restrictions, cure periods, and the post-expiration release mechanism — reducing the risk of a defective instrument that costs far more to fix after recordation than it would have cost to draft correctly at the outset.\u003C/p>\n",1779480649899]