Reconveyance Documents Clause Samples
The Reconveyance Documents clause outlines the obligation of a lender or trustee to provide the necessary paperwork to release a lien or deed of trust once a loan has been fully repaid. In practice, this means that after the borrower satisfies all payment obligations, the lender must prepare and deliver documents—such as a reconveyance deed—that officially remove the lender’s claim on the property. This clause ensures that the borrower’s title is cleared of any encumbrances, thereby protecting the borrower’s ownership rights and facilitating future property transactions.
Reconveyance Documents. Without limiting the foregoing, Landlord upon request shall execute and deliver to Tenant: (i) a special warranty deed reconveying all of Landlord’s right title and interest in the Premises (including all improvements constituting a part thereof) to Tenant; (ii) a memorandum in recordable form reflecting the termination of this Lease; (iii) an assignment of Landlord's right, title and interest in and to all licenses, permits, guaranties and warranties relating to the ownership or operation of the Premises to which Landlord is a party and which are assignable by Landlord; and (iv) such other reasonable and customary documents as may be required by Tenant or its title insurer including, without limitation, FIRPTA and mechanic's lien affidavits, to confirm the termination of this Lease and the revesting of title to the Premises (including all improvements constituting a part thereof) in all respects in Tenant.
Reconveyance Documents. Without limiting the foregoing, Landlord upon request shall execute and deliver: (i) a special warranty deed reconveying all of Landlord’s right title and interest in the Premises to Tenant; (ii) a memorandum in recordable form reflecting the termination of this Lease; (iii) an assignment of Landlord's right, title and interest in and to all licenses, permits, guaranties and warranties relating to the ownership or operation of the Premises to which Landlord is a party and which are assignable by Landlord, and (iv) such other reasonable and customary documents as may be required by Tenant or its title insurer including, without limitation, FIRPTA and mechanic's lien affidavits, to confirm the termination of this Lease and the revesting of title to the Premises in all respects in Tenant.
Reconveyance Documents. Without limiting the foregoing, Landlord upon request shall execute and deliver: (i) a special warranty deed reconveying all of Landlord’s right title and interest in the Premises to Tenant; (ii) a memorandum in recordable form reflecting the termination of this Lease; (iii) an assignment of Landlord's right, title and interest in and to all licenses, permits, guaranties and warranties relating to the ownership or operation of the Premises to which Landlord is a party and which are assignable by Landlord, and (iv) such other reasonable and customary documents as may be required by Tenant or its title insurer including, without limitation, FIRPTA and mechanic's lien affidavits, to confirm the termination of this Lease and the revesting of title to the Premises in all respects in Tenant or its successor, or Tenant’s successor by foreclosure or other exercise of lender remedies, as the case may be.
Reconveyance Documents. Without limiting the foregoing, Landlord upon request shall execute and deliver: (i) a deed and ▇▇▇▇ of sale reconveying all of Landlord’s right title and interest in the Premises and improvements to Tenant; (ii) a memorandum in recordable form reflecting the termination of this Lease; (iii) an assignment of Landlord's right, title and interest in and to all licenses, permits, guaranties and warranties relating to the ownership or operation of the Premises to which Landlord is a party and which are assignable by Landlord, and (iv) such other reasonable and customary documents as may be required by Tenant or its title insurer including, without limitation, FIRPTA and mechanic's lien affidavits, to confirm the termination of this Lease and the revesting of title to the Premises in Tenant or its successor.
Reconveyance Documents. Without limiting the foregoing, Landlord upon request shall execute and deliver: (a) a deed reconveying all of Landlord's right, title and interest in the Premises to Tenant; (b) a memorandum in recordable form reflecting the termination of this Lease;
Reconveyance Documents. Without limiting the foregoing, Landlord promptly upon request shall execute and deliver: (i) a deed without warranty and ▇▇▇▇ of sale without warranty reconveying the Premises (including all improvements constituting a part thereof) to Tenant; (ii) a memorandum in recordable form reflecting the termination of this Lease with respect to the Premises; (iii) an assignment of Landlord's right, title and interest in and to all licenses, permits, guaranties and warranties relating to the ownership or operation of the Premises to which Landlord is a party and which are assignable by Landlord, and (iv) such other reasonable and customary documents as may be required by Tenant or its title insurer including, without limitation, FIRPTA and mechanic's lien affidavits, to confirm the termination of this Lease and the revesting of title to the Premises in Tenant.
Reconveyance Documents. Without limiting the foregoing, Landlord shall execute and deliver to Tenant within ten (10) days after any End of Term Event: (i) a special warranty deed reconveying all of Landlord’s right title and interest in the Premises (including all improvements constituting a part thereof) to Tenant in the form of Exhibit C-1 attached hereto and incorporated herein by reference (the “Deed”); (ii) a memorandum in recordable form reflecting the termination of this Lease in the form of Exhibit C-2 attached hereto and incorporated herein by reference (the “Notice of Termination”); (iii) an assignment of Landlord's right, title and interest in and to all licenses, permits, guaranties and warranties relating to the ownership or operation of the Premises to which Landlord is a party and which are assignable by Landlord in the form of Exhibit C-3 attached hereto and incorporated herein by reference (the “Assignment of Intangible Property”); and (iv) updated City Title Affidavits (as hereafter defined) and a confirmation by the City of Tempe attorney that the City Authorization (as hereafter defined) remains in effect for purposes of authorizing the conveyance described in this Section 31.2 (collectively, the “Reconveyance Documents”).
Reconveyance Documents. All documents necessary to reconvey any mortgages and deeds of trust that are then of record against the Property ("Deeds of Trust"); and
Reconveyance Documents. Without limiting the foregoing, Landlord promptly upon request shall execute and deliver: (i) a deed without warranty and ▇▇▇▇ of sale without warranty reconveying the specified portion of the Premises (including all improvements constituting a part thereof) to Tenant; (ii) a memorandum in recordable form reflecting the termination of this Lease with respect to the specified portion of the Premises; (iii) an assignment of Landlord’s right, title and interest in and to all licenses, permits, guaranties and warranties relating to the ownership or operation of the specified portion of the Premises to which Landlord is a party and which are assignable by Landlord, and (iv) such other reasonable and customary documents as may be required by Tenant or its title insurer including, without limitation, FIRPTA and mechanic’s lien affidavits, to confirm the termination of this Lease with respect to the specified portion of the Premises and the reversion of title to the specified portion of the Premises in Tenant.
Reconveyance Documents. Without limiting the foregoing, Landlord upon request shall execute and deliver: (i) a deed or b▇▇▇ of sale reconveying all of Landlord’s right, title and interest in the improvements to Tenant; (ii) a memorandum in recordable form reflecting the termination of this Lease; (iii) an assignment of Landlord’s right, title and interest in and to all licenses, permits, guaranties and warranties relating to the ownership or operation of the Premises to which Landlord is a party and which are assignable by Landlord, but excluding any continuing rights of the Landlord under the Parking License, and (iv) such other reasonable and customary documents as may be required by Tenant or its title insurer including without limitation, FIRPTA and mechanic’s lien affidavits, to confirm the termination of this Lease and the revesting of title to the Premises in Tenant or its successor, or Tenant’s successor by foreclosure, as the case may be.