Title to be Conveyed. At Closing, Seller shall execute and deliver to Buyer a warranty deed (the “Deed”) conveying fee simple, marketable, and insurable title to the Property, and the Property shall be subject only to real property taxes which are not yet due and payable and such other easements, reservations, conditions, agreements, encumbrances, rights of way, or restrictions of record, the Mineral Reservation attached as Exhibit B and any other matters disclosed on the attached Exhibit C.
Title to be Conveyed. Seller shall convey a fee title interest in the Property, by grant deed to Buyer at Close of Escrow, subject only to the Approved Exceptions (as hereinafter defined).
Title to be Conveyed. Upon closing, Developer shall convey the Unit to Purchaser subject to the following exceptions:
Title to be Conveyed. (a) Seller shall convey, in fee simple absolute by the Deed on the Closing Date, running to Purchaser. The Deed shall convey a good and clear record and marketable title to the Property, insurable at standard rates, free from all liens, encumbrances and encroachments from or on the Property except (i) those not objected to by Purchaser in accordance with Section 7.02 below and those item listed below (b) through (e) and (ii) the Leases (collectively the “Permitted Exceptions”). Notwithstanding the foregoing, Seller shall be obligated to remove, at or prior to Closing, all mortgages, deeds of trust, judgment liens, mechanics’ liens not caused by the Purchaser, liens for delinquent taxes, or any other monetary or voluntary liens encumbering the Property.
Title to be Conveyed. An unencumbered, marketable title to the real property described herein shall be conveyed by deed of GENERAL WARRANTY with the usual covenants such as any title company will insure the Owner, except easements of record, restrictive covenants of record as to use and improvement of the property, and except applicable regulations imposed by the Planning Commission. Should title prove defective and such defect cannot be remedied before closing date, Seller shall pay all title examination costs, and any reasonable out-of-pocket expenses incurred by Buyer in the process of pursuing the purchase of this property, including but not limited to cost of appraisal, credit report, mortgage application, survey, and inspections of any type. Xxxxx is advised that a title examination alone cannot determine the existence of many possible claims or encumbrances against title. Consequently, to help protect Xxxxx's ownership interest from certain claims, encumbrances or objections to title, Buyer shall purchase at closing an Owner's Title Insurance Policy as a Buyer's normal expense. Xxxxx acknowledges that Owner's Title Insurance is strongly recommended and that, without said insurance, Buyer may have no protection against future loss from possible liens, demands for money, claims for possession of the property, unreleased encumbrances or future objections to title or potential losses. □
Title to be Conveyed. Seller shall have and will convey to Buyer good and indefeasible title to the Property free and clear of any and all encumbrances except the Permitted Exceptions at the Closing. Delivery of the Title Policy pursuant to Section 9 below shall be deemed to fulfill all duties of Seller as to the sufficiency of title required hereunder.
Title to be Conveyed. The title to the Property to be conveyed hereunder to Purchaser by special warranty deed will be good and marketable, of record and in fact, insurable at regular commercial rates by Escrow Agent, and free and clear of any and all liens, encumbrances, and Unacceptable Title Exceptions (hereinafter defined). Without limiting the foregoing, the Seller will, prior to Closing, release the Unity of Title that currently encumbers the Property, only, and only upon the simultaneous recording of a Covenant in Lieu of Unity of Title. Purchaser recognizes that the adjoining property unified pursuant to the recorded Unity of Title (0000 Xxxxx Xxxxx Xxxxxx, Xxxxx, Xxxxxxx, Tax Folio No.: 01-3136-005-1160) is not subject to this transaction. Purchasers further recognizes and agrees that any Development Rights that can be transferred pursuant to Chapter 23 of the City Code regarding 0000 Xxxxx Xxxxx Xxxxxx, Xxxxx, Xxxxxxx shall solely be the right and within the discretion of Seller.
Title to be Conveyed. At each Closing, Seller shall convey to Purchaser by the Deed good and indefeasible title in fee simple to the Lots then being purchased, free and clear of any and all liens, encumbrances, conditions, assessments and easements, except the following, which are referred to herein as the "Permitted Exceptions" and are hereby approved by Purchaser:
Title to be Conveyed. SELLER agrees that fee simple title in Property shall be conveyed by Grant Deed, from SELLER to CITY. SELLER agrees that such title shall be free and clear of any and all conditions, restrictions, reservations, liens, encumbrances, assessments, easements, leases (recorded or unrecorded), deeds of trust, mortgages, and any clouds or defects in title, except as expressly permitted herein.
Title to be Conveyed a) At Closing, title to the Property shall be conveyed by special warranty deed (the “Deed”), conveying fee simple interest to the Property subject to the following items (“Permitted Exceptions”) (i) current real estate taxes and assessments, whether general or special, and any lien arising therefrom, which are not yet due and payable; (ii) any exceptions to title set forth in Schedule B-II of the Title Commitment unless timely objected to by Purchaser and cured by Seller in accordance with subsection (b) below; (iii) the standard preprinted exceptions set forth in the binder of the Title Commitment, including any matters which an accurate survey of the Property would disclose, (iv) zoning ordinances, building and use restrictions and easements; (v) the rights of the public and of any governmental unit in any part thereof taken, used or deeded for street, road, or highway purposes; (vi) matters arising out of any act of Purchaser or its agents, employees or representatives, (vii) matters waived by Purchaser as set forth in subsection (b) below.
