Common use of Quitclaim Deed Clause in Contracts

Quitclaim Deed. If Buyer obtains a Survey of any Property which results in a legal description different from any legal description on EXHIBIT A hereto, Seller also will convey the applicable Land to Buyer pursuant to the new survey legal description of the applicable Land by quitclaim deed, subject to Seller’s approval (not to be unreasonably withheld, conditioned or delayed) of the as-surveyed legal description set forth on the applicable Survey.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Finward Bancorp)

Quitclaim Deed. If Buyer obtains a Survey of any Property which results in a legal description different from any legal description on EXHIBIT A hereto, Seller also will convey the applicable Land to Buyer pursuant to the new survey legal description of the applicable Land by quitclaim deed, subject to Seller’s approval (not to be unreasonably withheld, conditioned or delayed) of the as-surveyed legal description set forth on the applicable Survey.

Appears in 1 contract

Sources: Purchase and Sale Agreement (First Northwest Bancorp)

Quitclaim Deed. If Buyer obtains a Survey of any the Property which results in a legal description different from any legal description on EXHIBIT A hereto, Seller also will convey the applicable Land to Buyer pursuant to the new survey legal description of the applicable Land by quitclaim deed, subject to Seller’s approval (not to be unreasonably withheld, conditioned or delayed) of the as-surveyed legal description set forth on the applicable Survey.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Belpointe PREP, LLC)