Common use of Title and Possession Clause in Contracts

Title and Possession. (a) Title to the Unit shall be good and marketable or such as will be insured by a reputable title company at regular rates. The Unit shall be conveyed free and clear of all liens and encumbrances except restrictions, conditions and easements existing prior to Seller’s ownership which do not materially adversely impact Buyer’s use and enjoyment of the Unit or created by Seller at or prior to Settlement hereunder and reasonably necessary to the development of the Unit and the Community. (b) Possession is to be delivered by fee simple special warranty deed and a key to the Unit. (c) Buyer authorizes Seller to order Title Insurance through Security Abstract of PA, Inc.

Title and Possession. (a) Title to the Unit shall be good and marketable or such as will be insured by a reputable title company at regular rates. The Unit shall be conveyed free and clear of all liens and encumbrances except restrictions, conditions and easements existing prior to Seller’s ownership which do not materially adversely impact Buyer’s use and enjoyment of the Unit or created by Seller at or prior to Settlement hereunder and reasonably necessary to the development of the Unit and the Community. (b) Possession is to be delivered by fee simple special warranty deed and a key to the Unit. (c) Buyer authorizes Seller to order Title Insurance through Security Abstract of PA, Inc.Abstract

Title and Possession. (a) Title to the Unit shall be good and marketable or such as will be insured by a reputable title company at regular rates. The Unit shall be conveyed free and clear of all liens and encumbrances except restrictions, conditions and easements existing prior to Seller’s ownership which do not materially adversely impact Buyer’s use and enjoyment of the Unit or created by Seller at or prior to Settlement hereunder and reasonably necessary to the development of the Unit and the Community. (b) Possession is to be delivered by fee simple special warranty deed and a key to the Unit. (c) Buyer authorizes Seller to order Title Insurance through Security Abstract of PA, Inc..