Account ClosedOnce again, I find myself in the unusual position of having to agree completely with @Alexander Felice...the key phrase in his response is ZERO OUTS.

Is there a certain insurance phrase that he should ask for in the policy?

@Shelton Williams that's an odd way to phrase it.

., I always hesitate using the phrase "cap rate" on this forum because I know it triggers heated discussion.

But you just have to be careful about your phrasing and how much pressure you use because it is a real hot button topic.

Then your attorney should include the phrase, "and all known and unknown residents of". 

To avoid the heat, the phrase is a "preexisting, substantive relationship".  7.

The special warranty deed is usually conveyed with the phrase Grantor remises, releases, alienates, and conveys.

Is this legally permissible and how might I phrase it?

That area has tremendous potential for future development especially given what's happening to the east and south, but I do want to point you to a small phrase in Orange County's land development regulations: [i]"It is permissible to impose a more restrictive zoning district classification as an interim use until such time as the property is found through an administrative decision-making process to be suitable and ready for ultimate development."