Common use of Quit Claim Deed Clause in Contracts

Quit Claim Deed. A quit claim deed conveying title to the Development Property to Developer, free and clear of all encumbrances, except the Permitted Encumbrances. Such Development Property Deed shall include as a covenant running with the land the conditions of Minnesota Statutes, Sections 469.090 to 469.1082 relating to the use of the land. If the covenant is violated the authority may declare a breach of the covenant and seek a judicial decree from the district court declaring a forfeiture and a cancellation of the deed.

Appears in 5 contracts

Samples: Contract for Private Redevelopment, Contract for Private Redevelopment, Contract for Private Redevelopment

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