ATTACHMENT 9 TO RFP PB 22-11 Title Commitment effective 2-3-2022.pdf

This is a Title Commitment document effective February 3, 2022, for RFP PB 22-11 concerning the lease and development of approximately 4.63 acres of vacant land in Florida. The title commitment serves as an attachment to the Request for Proposals and provides evidence of the property's current ownership status and any existing liens, encumbrances, or claims against the subject real estate. The document establishes the baseline title condition that potential bidders must review as part of their due diligence before submitting development proposals. The commitment outlines what title insurance will be issued upon successful closing and identifies any exceptions or requirements that must be satisfied prior to or as conditions of the lease and development agreement.

The title commitment details the specific encumbrances and exceptions affecting the property, which bidders must evaluate as part of their financial and development feasibility analysis. Any party submitting a proposal for the lease and development of this land must acknowledge receipt of this title commitment and confirm their understanding of the property's title status, existing restrictions, and any outstanding obligations or claims that may impact development plans or financing requirements. The commitment ensures transparency regarding the property's legal status and provides potential developers with critical information necessary to assess the viability and cost implications of their proposed development scenarios.