Joint Tenancy. If Seller, immediately preceding this Agreement held title to the Property in joint tenancy with full rights of survivorship, and the joint tenancy is not later destroyed by operation of law or by acts of Seller, then the proceeds of this sale and any continuing or recaptured rights of Seller in the Property shall belong to Seller as joint tenants with full rights of survivorship and not as tenants in common; and Buyer, in the event of the death of either Seller, agrees to pay any balance of the price due Seller under this Agreement to the surviving Seller and to accept a deed from the surviving Seller.
Appears in 9 contracts
Samples: Real Estate Purchase Agreement – Tract, Real Estate Purchase Agreement, Real Estate Purchase Agreement
