Common use of Title and Characteristics of Property Clause in Contracts

Title and Characteristics of Property. Seller, as of the date of execution of this Agreement, owns the Property in fee simple and has marketable and good title of public record and, in fact, the Property at Closing shall have the title status as described in Section VIII of this Agreement.

Appears in 152 contracts

Samples: Commercial Real Estate Purchase Agreement, Commercial Real Estate Purchase Agreement, Commercial Real Estate Purchase Agreement

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Title and Characteristics of Property. The Seller, as of the date of execution of this Agreement, owns the Property in fee simple and has marketable and good title of public record and, in fact, the Property at Closing shall have the title status as described in Section VIII 8 of this Agreement.

Appears in 2 contracts

Samples: Commercial Real Estate Purchase Agreement, Commercial Real Estate Purchase Agreement

Title and Characteristics of Property. Seller, as of the date of execution of this Agreement, owns or has the right to dispose of the Property in fee simple and has marketable and good title of public record and, and in fact, fact and the Property at Closing shall have the title status as described in Section VIII of this Agreement. Seller will not further encumber title to the Property before Closing without Purchaser’s prior written consent, which consent shall not be unreasonably withheld.

Appears in 2 contracts

Samples: Real Property Auction Purchase Agreement, Real Property Auction Purchase Agreement

Title and Characteristics of Property. Seller, as of the date of execution of this Agreement, owns the Property in fee simple and has marketable and good title of public record and, in fact, the Property at Closing shall have the title status as described de- scribed in Section VIII of this Agreement.

Appears in 1 contract

Samples: Commercial Real Estate Purchase Agreement

Title and Characteristics of Property. Seller, as of the date of execution of this Agreement, owns the Property in fee simple and has marketable and good title of public record and, in fact, the Property at Closing shall have the title status as described in Section VIII of this Agreement.

Appears in 1 contract

Samples: Real Estate Purchase and Sell Agreement

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Title and Characteristics of Property. Seller, as of the date of execution of this Agreement, owns the Property in fee simple and has marketable and good title of public record and, in fact, the Property at Closing shall have the title status as described de- scribed in Section VIII of this Agreement.

Appears in 1 contract

Samples: Real Estate Purchase and Sell Agreement

Title and Characteristics of Property. Seller, as of the date of execution of this Agreement, owns the Property in fee simple and has marketable and good title of public record and, and in fact, fact and the Property at Closing shall have the title status as described in Section VIII 6 of this Agreement.

Appears in 1 contract

Samples: Commercial Purchase Agreement

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