Common use of Delivery of Deed Clause in Contracts

Delivery of Deed. Upon payment of the Purchase Price as provided above, the Seller shall, at Buyer's expense, execute and deliver to Buyer a Deed for the Property. The Deed shall contain covenants of special warranty and further assurances, and against encumbrances, and shall transfer and convey the subject property to the Buyer in fee simple, by a good and merchantable title, both of record and in fact, free of all liens and encumbrances except those specifically accepted or consented to by Buyer pursuant to Section 4 above.

Delivery of Deed. Upon payment of the Purchase Price as provided above, the Seller shall, at BuyerXxxxx's expense, execute and deliver to Buyer a Deed for the Property. The Deed shall contain covenants of special warranty and further assurances, and against encumbrances, and shall transfer and convey the subject property to the Buyer in fee simple, by a good and merchantable title, both of record and in fact, free of all liens and encumbrances except those specifically accepted or consented to by Buyer pursuant to Section 4 above.