Common use of Quit Claim Deed Clause in Contracts

Quit Claim Deed. As of the date of this Certificate, Purchaser has executed a properly acknowledged quit-claim deed granting to the State of Utah all of its rights and interest in the Property. If SITLA exercises its right to terminate this Certificate as provided in Section 8.1 (Purchaser’s Failure to Pay Amounts Owed) or if this Certificate terminates for any other reason, SITLA may record the quit-claim deed in the county in which the Property is located.

Appears in 2 contracts

Samples: Certificate of Sale & Financing Agreement, Financing Agreement

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Quit Claim Deed. As of the date of this Certificate, Purchaser has executed a properly acknowledged quit-claim deed granting to the State of Utah all of its rights and interest in the Property. If SITLA exercises its right to terminate this Certificate as provided in Section 8.1 (Purchaser’s Failure to Pay Amounts Owed) or if this Certificate terminates for any other reason, SITLA XXXXX may record the quit-claim deed in the county in which the Property is located.

Appears in 1 contract

Samples: Financing Agreement

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Quit Claim Deed. As of the date of this Certificate, Purchaser Xxxxxxxxx has executed a properly acknowledged quit-claim deed granting to the State of Utah all of its rights and interest in the Property. If SITLA exercises its right to terminate this Certificate as provided in Section 8.1 (Purchaser’s Failure to Pay Amounts Owed) or if this Certificate terminates for any other reason, SITLA XXXXX may record the quit-claim deed in the county in which the Property is located.

Appears in 1 contract

Samples: Financing Agreement

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