Common use of Xxxxx’s Possession Clause in Contracts

Xxxxx’s Possession. Seller shall deliver to Buyer possession of the Property in its present or required condition, ordinary wear and tear excepted: upon closing and funding according to a temporary residential lease form promulgated by TREC or other written lease required by the parties. Any possession by Buyer prior to closing or by Seller after closing which is not authorized by a written lease will establish a tenancy at sufferance relationship between the parties. Consult your insurance agent prior to change of ownership and possession because insurance coverage may be limited or terminated. The absence of a written lease or

Xxxxx’s Possession. Seller shall deliver to Buyer possession of the Property in its present or required condition, ordinary wear and tear exceptedProperty: upon upon closing and funding according according to a temporary residential lease form promulgated by TREC or other written lease required by the parties. Any possession by Buyer prior to closing or by Seller after closing which is not authorized by a written lease will establish a tenancy at sufferance relationship between the parties. Consult your insurance agent prior to change of ownership and possession because insurance coverage may be limited or terminated. The absence of a written lease oror appropriate insurance coverage may expose the parties to economic loss.

Xxxxx’s Possession. Seller shall deliver to Buyer possession of the Property in its present or required condition, ordinary wear and tear exceptedProperty: upon  upon closing and funding according  according to a temporary residential lease form promulgated by TREC or other written lease required by the parties. Any possession by Buyer prior to closing or by Seller after closing which is not authorized by a written lease will establish a tenancy at sufferance relationship between the parties. Consult your insurance agent prior to change of ownership and possession because insurance coverage may be limited or terminated. The absence of a written lease oror appropriate insurance coverage may expose the parties to economic loss.