Common use of Conveyance and Title Insurance Clause in Contracts

Conveyance and Title Insurance. As required by paragraph 5.a.(i), Seller shall convey to Buyer, by general warranty deed, good and marketable fee simple title to the Property, free and clear of all mortgages, trust deeds, judgments, mechanics’ liens, tax liens and warrants and other financial encumbrances. As provided in subparagraph 5.a.(iii) above, Buyer may acquire (and may condition the Closing upon Xxxxx’s ability to obtain) a current standard coverage owner’s policy of title insurance. Even though the policy premium will be

Conveyance and Title Insurance. As required by paragraph 5.a.(i), Seller shall convey to Buyer, by general warranty deed, good and marketable fee simple title to the Property, free and clear of all mortgages, trust deeds, judgments, mechanics’ liens, tax liens and warrants and other financial encumbrances. As provided in subparagraph 5.a.(iii) above, Buyer may acquire (and may condition the Closing upon Xxxxx’s ability to obtain) a current standard coverage owner’s policy of title insurance. Even though the policy premium will bebe paid by Xxxxx, Xxxxxx agrees to order a title insurance commitment on the Property as provided in paragraph 9.b. below.

Conveyance and Title Insurance. As required by paragraph 5.a.(i6.a.(i), Seller shall convey to Buyer, by general warranty deed, good and marketable fee simple title to the Property, free and clear of all mortgages, trust deeds, judgments, mechanics’ liens, tax liens and warrants and other financial encumbrances. As provided in subparagraph 5.a.(iii6.a.(iii) above, Buyer may acquire (and may condition the Closing upon XxxxxBuyer’s ability to obtain) a current standard coverage owner’s policy of title insurance. Even though the policy premium will bebe paid by Xxxxx, Xxxxxx agrees to order a title insurance commitment on the Property as provided in paragraph 10.b. below.

Conveyance and Title Insurance. As required by paragraph 5.a.(i), Seller shall convey to Buyer, by general warranty deed, good and marketable fee simple title to the Property, free and clear of all mortgages, trust deeds, judgments, mechanics’ liens, tax liens and warrants and other financial encumbrances. As provided in subparagraph 5.a.(iii) above, Buyer may acquire (and may condition the Closing upon Xxxxx’s ability to obtain) a current standard coverage owner’s policy of title insurance. Even though the policy premium will bewarrants