Common use of Marketability of Title Clause in Contracts

Marketability of Title. The deed and other documents by Seller shall be sufficient to convey good marketable title to the property in fee simple, free and clear of all liens and encumbrances. However, Xxxxx agrees to accept title to the property subject to restrictive covenants of record common to the tract or subdivision of which the property is a party, provided these restrictions have not been violated, or if they have been violated, that the time for anyone to complain of the violations has expired. Xxxxx also agrees to accept title to the property subject to public utility easements along lot lines as long as those easements do no interfere with any building now on the property or with any improvements Buyer may construct in compliance with all present restrictive covenants of record and zoning and building codes applicable to the property. Xxxxxx agrees to furnish any documents required by federal or state laws for the transfer of title to the property.

Marketability of Title. The deed and other documents delivered by the Seller shall be sufficient to convey good marketable title to the property in fee simple, free and clear of all liens and encumbrances. However, Xxxxx Buyer agrees to accept title to the property subject to restrictive covenants of record common to the tract or subdivision of which the property is a partypart, provided these restrictions have not been violated, or if they have been violated, that the time for anyone to complain of the violations has expired. Xxxxx Buyer also agrees to accept the title to of the property subject to public utility unity easements along lot lines as long as those easements do no not interfere with any building buildings now on the property or with any improvements the Buyer may construct in compliance with all present restrictive covenants of record and zoning and building codes applicable to the property. Xxxxxx Seller agrees to furnish any documents required by federal or state laws for the transfer of title to the real property.