Common use of DEED AND TITLE Clause in Contracts

DEED AND TITLE. (a) Seller shall deliver to Buyer at Closing, a Bargain and Sale Deed, Special Warranty Deed or a Covenant Deed ("Deed") in a form reasonably acceptable to Buyer, conveying good and marketable fee simple title to the Real Property, subject only to the existing first mortgage, and to such easements, restrictions of record and title exceptions set forth in the commitment for title insurance specifically approved by Buyer, and taxes not delinquent. In addition, Seller shall convey title to the Personal Property to Buyer, free and clear of all liens and encumbrances (except the existing first mortgage, and those disclosed and deemed approved during due diligence; e.g., equipment leases or personal property financing documents), by the execution and delivery at Closing of a Bill of Sale in form and substancx xxasonably satisfactory to Buyer, without warranty, except as to Seller's title.

Appears in 1 contract

Samples: Real Estate Purchase Agreement (Realmark Property Investors LTD Partnership V)

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DEED AND TITLE. (a) Seller shall deliver to Buyer at Closing, a Bargain and Sale Deed, Special Warranty Deed or a Covenant Deed ("Deed") in a form reasonably acceptable to Buyer, conveying good and marketable fee simple title to the Real Property, subject only to the existing first mortgage, and to such easements, restrictions of record and title exceptions set forth in the commitment for title insurance specifically approved by Buyer, and taxes not delinquent. In addition, Seller shall convey title to the Personal Property to Buyer, free and clear of all liens and encumbrances (except the existing first mortgage, and those disclosed and deemed approved during due diligence; e.g., equipment leases or personal property financing documents), by the execution and delivery at Closing of a Bill Xxxx of Sale in form and substancx xxasonably substance reasonably satisfactory to Buyer, without warranty, except as to Seller's title.

Appears in 1 contract

Samples: Real Estate Purchase Agreement (Realmark Property Investors Limited Partnership Vi-B)

DEED AND TITLE. (a) Seller shall deliver to Buyer at Closing, a Bargain and Sale Deed, Special Warranty Deed or a Covenant Deed ("Deed") in a form reasonably acceptable to Buyer, conveying good and marketable fee simple title to the Real Property, subject only to the existing first mortgage, and to such easements, restrictions of record and title exceptions set forth in the commitment for title insurance specifically approved by Buyer, and taxes not delinquent. In addition, Seller shall convey title to the Personal Property to Buyer, free and clear of all liens and encumbrances (except the existing first mortgage, and those disclosed and deemed approved during due diligence; e.g., equipment leases or personal property financing documents), by the execution and delivery at Closing of a Bill of Sale in form and substancx xxasonably substance xxxxonably satisfactory to Buyer, without warranty, except as to Seller's title.

Appears in 1 contract

Samples: Real Estate Purchase Agreement (Realmark Property Investors LTD Partnership V)

DEED AND TITLE. (a) Seller shall deliver to Buyer the Escrow Agent at Closing, a Bargain and Sale Deed, Special Warranty Deed or a Covenant Deed ("Deed") in a form reasonably acceptable to Buyer, conveying good and marketable fee simple title to the Real Property, subject only to the existing first mortgage, and to such easements, restrictions of record and title exceptions set forth in the commitment for title insurance specifically approved by Buyer, and taxes not delinquent. In addition, Seller shall convey title to the Personal Property to Buyer, free and clear of all liens and encumbrances (except the existing first mortgage, mortgage and those disclosed and deemed approved during due diligence; e.g., equipment leases or personal property financing documents), by the execution and delivery to the Escrow Agent at Closing of a Bill Xxxx of Sale in form and substancx xxasonably substance reasonably satisfactory to Buyer, without warranty, except as to Seller's title.

Appears in 1 contract

Samples: Real Estate Purchase Agreement (Realmark Property Investors LTD Partnership-Iv)

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DEED AND TITLE. (a) Seller shall deliver to Buyer at Closing, a Bargain and Sale Deed, Special or Limited Warranty Deed or a Covenant Deed ("Deed") in a form reasonably acceptable to BuyerBuyer and Escrow Agent, conveying good and marketable fee simple title to the Real Property, subject only to the existing first mortgagemortgage to be assumed by Buyer, and to such easements, restrictions of record and title exceptions set forth in the commitment for title insurance specifically approved by Buyer, and taxes not delinquent. In addition, Seller shall convey title to the Personal Property to Buyer, free and clear of all liens and encumbrances (except the existing first mortgage, and those disclosed and deemed approved during due diligence; e.g., equipment leases or personal property financing documents), by the execution and delivery at Closing of a Bill of Sale in form and substancx xxasonably satisfactory to Buyer, without warranty, except as to Seller's title.

Appears in 1 contract

Samples: Purchase Agreement (Realmark Property Investors Limited Partnership Vi-A)

DEED AND TITLE. (a) Seller shall deliver to Buyer at Closing, a Bargain and Sale Deed, Special or Limited Warranty Deed or a Covenant Deed ("Deed") in a form reasonably acceptable to BuyerBuyer and Escrow Agent, conveying good and marketable fee simple title to the Real Property, subject only to the existing first mortgagemortgage to be assumed by Buyer, and to such easements, restrictions of record and title exceptions set forth in the commitment for title insurance specifically approved by Buyer, and taxes not delinquent. In addition, Seller shall convey title to the Personal Property to Buyer, free and clear of all liens and encumbrances (except the existing first mortgage, and those disclosed and deemed approved during due diligence; e.g., equipment leases or personal property financing documents), by the execution and delivery at Closing of a Bill of Sale in form and substancx xxasonably substance xxxxonably satisfactory to Buyer, without warranty, except as to Seller's title.

Appears in 1 contract

Samples: Real Estate Purchase Agreement Countrybrook Apartments (Realmark Property Investors Limited Partnership Vi-A)

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