Examples of Limited Warranty Deed in a sentence
In the event Buyer asserts any claim whatsoever against Seller, the Seller, at its sole option, may repurchase the home at the price on the Limited Warranty Deed.
Seller is to convey title to Buyer by Limited Warranty Deed, and provide Buyer with a Title Commitment prepared by an attorney, title or abstract company upon whose Title Commitment title insurance may be obtained from a title insurance company qualified to do and doing business in the state of Minnesota.
In addition to the Limited Warranty Deed (as hereinafter defined), Seller shall execute and deliver to Purchaser a Quitclaim Deed at Closing conveying the Property based upon legal description of the Property taken from the Survey (the “Quitclaim Deed”).
The Purchaser shall pay for the cost of the Purchaser’s investigation of the Property, the cost to record the Limited Warranty Deed, and the Quitclaim Deed, the cost of the Updated Survey, the costs, expenses and examination fees for obtaining the Title Commitment for the Property (including legible copies of all title exceptions) and the title insurance premium and title endorsement fees for the title policy in the amount of the purchase price issued to the Purchaser at the Closing.
Upon payment of the Purchase Price, SELLER shall convey the Property to BUYER by Limited Warranty Deed, free and clear of all liens, restrictions, and encumbrances except as provided in this Agreement.