Common use of Form of Deed Clause in Contracts

Form of Deed. City shall convey fee simple title to the Project Property to Habitat by special warranty deed, in substantially the form attached hereto as Exhibit “E”, subject to all liens and encumbrances of record. Prior to the close of escrow, City shall use its best efforts to remove any matters of record that are reasonably objected to by Habitat, so that marketable title to the Project Property may be delivered at the close of escrow. However, the Project Property is being conveyed in its “AS IS” condition and without any representation or warranty except as otherwise expressly set forth in this Agreement.

Appears in 3 contracts

Samples: Development and Disposition Agreement, Development and Disposition Agreement, Development and Disposition Agreement

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Form of Deed. City shall convey fee simple title to the Project Property to Habitat by special warranty deed, in substantially the form attached hereto as Exhibit “E”, subject to all liens and encumbrances of record. Prior to the close of escrow, City shall use its best efforts to remove any matters of record that are reasonably objected to by Habitat, so that marketable title to the Project Property may be delivered at the close of escrow. However, the Project Property is being conveyed in its “AS IS” condition and without any representation or warranty except as otherwise expressly set forth in this Agreement.

Appears in 1 contract

Samples: Development and Disposition Agreement

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