Common use of Real Estate Owned Clause in Contracts

Real Estate Owned. (a) Except for liens, security interests, claims, charges, or such other encumbrances as have been appropriately reserved for in the Xxxxxx Chartered Financial Statements or are not material and are in the process of being cleared, title to the REO is good and marketable, and there are no adverse claims or encumbrances on the REO.

Real Estate Owned. (a) Except for liens, security interests, claims, charges, or such other encumbrances as have been appropriately reserved for in the Xxxxxx Chartered Progressive Financial Statements or are not material and are in the process of being cleared, title to the REO is good and marketable, and there are no adverse claims or encumbrances on the REO.

Real Estate Owned. (a) Except for liens, security interests, claims, charges, or such other encumbrances as have been appropriately reserved for in the Xxxxxx Chartered CFF Financial Statements or are not material and are in the process of being cleared, title to the REO is good and marketable, and there are no adverse claims or encumbrances on the REO.

Real Estate Owned. (a) Except for liens, security interests, claims, charges, or such other encumbrances Encumbrances as have been appropriately reserved for in the Xxxxxx Chartered Financial Statements or are not material and are in the process of being cleared, title to the REO is good and marketable, and there are no adverse claims or encumbrances Encumbrances on the REO.

Real Estate Owned. (a) Except for liens, security interests, claims, charges, or such other encumbrances as have been appropriately reserved for in the Xxxxxx Chartered OVB Financial Statements or are not material and are in the process of being cleared, title to the REO is good and marketable, and there are no adverse claims or encumbrances on the REO.