Common use of Additional Property Rights Clause in Contracts

Additional Property Rights. If Seller possesses any water rights in or to the Property, all such rights will transfer to Buyer at closing without warranty of any kind. All of the Seller owned mineral rights shall transfer to the Buyer at closing without warranty of any kind, believed to be 50%. Wind rights are owned by a third party and will not transfer to the Buyer.

Appears in 5 contracts

Samples: Real Estate Purchase Contract, Real Estate Purchase Contract, Real Estate Purchase Contract

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Additional Property Rights. If Seller possesses any water rights in or to the Property, all such rights will transfer to Buyer at closing without warranty of any kind. All of the Seller owned mineral rights shall transfer to the Buyer at closing without warranty of any kind, believed to be 50%. Wind rights are owned by a third party and will not transfer to the Buyer.

Appears in 1 contract

Samples: Real Estate Purchase Contract

Additional Property Rights. If Seller possesses any water rights or wind rights in or to the Property, all such rights will transfer to Buyer at closing without warranty of any kind. All of the Mineral Rights owned by Seller owned mineral rights shall will transfer to the Buyer at closing without warranty of any kind, believed to be an undivided 50%. Wind rights are owned by a third party and will not transfer to the Buyer.

Appears in 1 contract

Samples: Real Estate Purchase Contract

Additional Property Rights. If Seller possesses any water rights or wind rights in or to the Property, all such rights will transfer to Buyer at closing without warranty of any kind. All of the Seller owned mineral rights shall transfer to the Buyer at closing without warranty of any kind, believed to be 50%. Wind rights are owned by a third party and will not transfer to the Buyer.

Appears in 1 contract

Samples: Real Estate Purchase Contract

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Additional Property Rights. If Seller possesses any water rights rights, wind rights, in or to the Property, all such rights will transfer to Buyer at closing without warranty of any kind. All of the Seller owned mineral rights owned by Seller shall transfer to the Buyer at closing without warranty of any kind, believed to be 50%. Wind 1/3 of the mineral rights are owned by a third party and will not transfer to the Buyeror .04012500 Royalty Interest.

Appears in 1 contract

Samples: Real Estate Purchase Contract

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