Common use of Subsequent Notification Clause in Contracts

Subsequent Notification. Grantor shall insert a reference to this Agreement in any subsequent deed, sales or purchase contract, financing instrument, or other legal instrument by which Grantor is divested of either the fee simple title to or equitable title, a possessory ownership of interest in the Property, or any part thereof. Grantor further agrees to give written notice to the Grantee of the transfer of any interest at least twenty