Common use of Required Title Condition Clause in Contracts

Required Title Condition. Title to the Property shall be conveyed to Buyer subject only to the following matters: (a) current, non-delinquent real estate taxes and assessments; (b) the matters set forth in the Preliminary Report which Buyer has approved or been deemed to have approved; (c) the Lease; and (d) any other matters approved in writing by Buyer, in its sole and absolute discretion (collectively, the “Required Title Condition”).

Appears in 6 contracts

Samples: Real Estate Purchase and Sale Agreement (Medalist Diversified REIT, Inc.), Real Estate Purchase and Sale Agreement (Medalist Diversified REIT, Inc.), Real Estate Purchase and Sale Agreement (Medalist Diversified REIT, Inc.)

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Required Title Condition. Title to the Property shall be conveyed to Buyer subject only to the following matters: permitted encumbrances (the “Required Title Condition”): (a) current, non-delinquent real estate taxes and assessments; , (b) the matters set forth in the Preliminary Report which Title Reports and approved by Buyer has approved or been deemed pursuant to have approved; the terms and provisions of Section 2.2 above, (c) the Lease; Leases, and (d) any other matters approved in writing by Buyer, in its sole and absolute discretion (collectively, the “Required Title Condition”).

Appears in 3 contracts

Samples: Real Estate Purchase Agreement, Real Estate Purchase Agreement (US Federal Properties Trust Inc.), Real Estate Purchase Agreement (US Federal Properties Trust Inc.)

Required Title Condition. Title to the Property shall be conveyed to Buyer subject only to the following matters: (a) current, non-delinquent real estate taxes and assessments; , (bB) the matters set forth in the Preliminary Report which Buyer has approved or been deemed to have approved; and any Supplemental Report and permitted as part of the Required Title Condition, (c) the Lease; Lease and (d) any other matters approved in writing by Buyer, in its sole and absolute discretion (collectively, Buyer or deemed approved by Buyer under the “Required Title Condition”)provisions of Section 2.2 above.

Appears in 2 contracts

Samples: Real Estate Purchase Agreement, Real Estate Purchase Agreement (TNP Strategic Retail Trust, Inc.)

Required Title Condition. Title to the Property shall be conveyed to Buyer subject only to the following matterspermitted encumbrances: (a) current, non-delinquent real estate taxes and assessments; , (bB) the matters set forth in the Preliminary Report which Buyer has Report, the Supplemental Report, Survey or UCC Searches or approved or been deemed approved pursuant to have approved; Section 2.2 above, (c) the Lease; Leases, and (d) any other matters approved in writing or deemed approved by Buyer, in its sole and absolute discretion (collectively, the “Required Title Condition”).

Appears in 2 contracts

Samples: Real Estate Purchase Agreement (US Federal Properties Trust Inc.), Real Estate Purchase Agreement (US Federal Properties Trust Inc.)

Required Title Condition. Title to the Property shall be conveyed to Buyer subject only to the following matterspermitted encumbrances: (a) current, non-delinquent real estate taxes and assessments; , (b) the matters set forth in the Preliminary Report which Buyer has approved or been deemed to have approved; and permitted as part of the Required Title Condition, (c) the Lease; , and (d) any other matters approved in writing by Buyer, in its sole and absolute discretion (collectively, the “Required Title Condition”).

Appears in 2 contracts

Samples: Real Estate Purchase Agreement (US Federal Properties Trust Inc.), Real Estate Purchase Agreement (US Federal Properties Trust Inc.)

Required Title Condition. Title to the Property shall be conveyed to Buyer subject only to the following matterspermitted encumbrances: (a) current, non-delinquent real estate taxes and assessments; , (bB) the matters set forth in the Preliminary Report which Buyer has approved or been deemed to have approved; and permitted as part of the Required Title Condition, (c) the Lease; Leases, and (d) any other matters approved in writing by Buyer, in its sole and absolute discretion (collectively, the “Required Title Condition”).

Appears in 2 contracts

Samples: Real Estate Purchase Agreement (US Federal Properties Trust Inc.), Real Estate Purchase Agreement (US Federal Properties Trust Inc.)

Required Title Condition. Title to the Property shall be conveyed to Buyer subject only to the following matterspermitted encumbrances: (a) current, non-delinquent real estate taxes and assessments; , (bB) the matters set forth in the Preliminary Report which Buyer has approved or been deemed to have approved; and permitted as part of the Required Title Condition, (c) the Lease; , and (d) any other matters approved in writing by Buyer, in its sole and absolute discretion (collectively, the “Required Title Condition”).

Appears in 2 contracts

Samples: Real Estate Purchase Agreement (US Federal Properties Trust Inc.), Real Estate Purchase Agreement (US Federal Properties Trust Inc.)

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Required Title Condition. Title to the Property shall be conveyed to Buyer subject only to the following matters: permitted encumbrances (the “Required Title Condition”): (a) current, non-delinquent real estate taxes and assessments; , (bB) the matters set forth in the Preliminary Report which Buyer has approved or been deemed to have approved; Accepted Title Matters, (c) the Lease; and , (d) any other matters approved in writing writing, or caused, by Buyer, in its sole and absolute discretion (collectively, the “Required Title Condition”).

Appears in 2 contracts

Samples: Real Estate Purchase Agreement (US Federal Properties Trust Inc.), Real Estate Purchase Agreement (US Federal Properties Trust Inc.)

Required Title Condition. Title to the Property shall be conveyed to Buyer subject only to the following matters: (a) current, non-delinquent real estate taxes and assessments; , (b) the matters set forth in the Preliminary Report which Buyer has approved or been deemed to have approved; and permitted as part of the Required Title Condition, (c) the Lease; Leases and (d) any other matters approved in writing by Buyer, in its sole and absolute discretion (collectively, the “Required Title Condition”).

Appears in 1 contract

Samples: Real Estate Purchase Agreement (TNP Strategic Retail Trust, Inc.)

Required Title Condition. Title to the Property shall be conveyed to Buyer subject only to the following matters: (a) current, non-delinquent real estate taxes and assessments; (b) the matters set forth in the Preliminary Report which Buyer has approved or been deemed to have approved; (c) the LeaseLeases; and (d) any other matters approved in writing by Buyer, in its sole and absolute discretion (collectively, the “Required Title Condition”).

Appears in 1 contract

Samples: Real Estate Purchase and Sale Agreement (Medalist Diversified REIT, Inc.)

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