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RecDoc 2022-010590 County Land Swap 1580 Maple St.
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RecDoc 2022-010590 County Land Swap 1580 Maple St.
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Last modified
4/26/2022 12:25:45 PM
Creation date
4/26/2022 12:25:03 PM
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Recorded Docs
Recorded Docs - Type
Agreement
Subject
Ground Lease Option Agreement
Doc Num
2022-010590
Rec Date
2/4/2022
Address
1580 Maple St.
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(n) No Agency. Parttiership or Joint Venture. Nothing contained herein nor <br />any acts of the parties hereto shall be deemed or construed by the parties hereto, nor by any third <br />party, as creating the relationship of principal and agent or of partnership or of joint venture by <br />the parties hereto or any relationship other than the relationship of optionor and optionee. <br />(o) No Brokers. City and County each represents that they have not been <br />represented by any broker in connection with this Option Agreement or the Ground Lease, and <br />that no real estate broker's commission, finder's fee or other compensation is due or payable. <br />County agrees to indemnify and hold harmless City from any claims or liability, including <br />reasonable attorneys' fees, in connection with a claim by any person for such compensation <br />based upon any statement, representation or agreement of County. <br />(p) Remedies: No Damages. Except as may be specified herein, in no event <br />shall a party be liable in damages for any default under this Option Agreement, it being expressly <br />understood and agreed that the sole legal remedy available to a party for a breach or violation of <br />this Option Agreement by the other party shall be an action in specific performance, or other <br />injunctive or declaratory relief to enforce the provisions of this Option Agreement by the other <br />party, or to terminate this Option Agreement. <br />REV: 01-21-2022 SK <br />[Remainder of this page intentionally left blank] <br />ATTY/AGR.2022.010.6/City- County Land Swap (Page 8 of 14) <br />
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