TITLE AND CONVEYANCE. Seller is to convey title to Buyer by Limited Warranty Deed, and provide Buyer with a Title Commitment prepared by an attorney, title or abstract company upon whose Title Commitment title insurance may be obtained from a title insurance company qualified to do and doing business in the state of Minnesota. Title shall be good and marketable, subject only to (a) covenants, conditions, and restrictions of record; (b) public, private utility easements and roads and rights-of-way; (c) applicable zoning ordinances, protective covenants, and prior mineral reservations; (d) special and other assessments on the property, if any; (e) general taxes for the year 2021 and subsequent years; and (f) a Conservation Easement, a copy of which is attached to this Purchase Agreement and which shall be recorded simultaneously with the Limited Warranty Deed at closing. A Title Commitment shall be provided to Buyer at least five (5) days prior to closing. If there are title defects, Seller shall notify Buyer within five (5) days of closing and Buyer, at Buyer's option, may either: (a) if defects cannot be cured by designated closing date, cancel this contract, in which case all xxxxxxx money deposited shall be returned; (b) accept title as is; or (c) if the defects are of such character that they can be remedied by legal action within a reasonable time, permit Seller such reasonable time to perform curative work at Seller's expense. In the event that the curative work is performed by Seller, the time specified herein for closing of this sale shall be extended for a reasonable period necessary for such action. Seller represents that the property may be legally used as zoned and that no government agency has served any notice to Seller requiring repairs, alterations, or corrections of any existing condition except as stated herein.
TITLE AND CONVEYANCE. A. Seller warrants that at the time of Closing, Seller will convey or cause to be conveyed to Buyer good and marketable title to the Property by general warranty deed, subject only to:
TITLE AND CONVEYANCE. 223 A. Seller warrants that at the time of Closing, Seller will convey or cause to be conveyed to Buyer or Buyer’s assign(s) 224 good and marketable title to said Property by general warranty deed, subject only to: 225 (1) zoning; 226 (2) setback requirements and general utility, sewer, and drainage easements of record on the Binding Agreement 227 Date upon which the improvements do not encroach; 228 (3) subdivision and/or condominium declarations, covenants, restrictions, and easements of record on the 229 Binding Agreement Date; and
TITLE AND CONVEYANCE. 180 A. Seller warrants that at the time of Closing, Seller will convey or cause to be conveyed to Buyer or Buyer’s assign(s) 181 good and marketable title to said Property by general warranty deed, subject only to: 182 (1) zoning; 183 (2) setback requirements and general utility, sewer, and drainage easements of record on the Binding 184 Agreement Date upon which the improvements do not encroach; 185 (3) subdivision and/or condominium declarations, covenants, restrictions, and easements of record on the 186 Binding Agreement Date; and 187 (4) leases and other encumbrances specified in this Agreement. 188 If title examination, closing or loan survey pursuant to Tenn. Code Xxx. § 00-00-000, boundary line survey, or other 189 information discloses material defects, Buyer may, at Buyer's discretion: 190 (1) accept the Property with the defects OR 191 (2) require Seller to remedy such defects prior to the Closing Date. Buyer shall provide Seller with written 192 notice of such defects via the Notification form or equivalent written notice. If defects are not remedied 193 prior to Closing Date, Buyer and Seller may elect to extend the Closing Date by mutual written agreement 194 evidenced by the Closing Date/Possession Amendment form or other written equivalent. If defects are not 195 remedied by the Closing Date or any mutually agreed upon extension thereof, this Agreement shall 196 terminate, and Buyer shall be entitled to refund of Xxxxxxx Money. 197 Good and marketable title as used herein shall mean title which a title insurance company licensed to do business in 198 Tennessee will insure at its regular rates, subject only to standard exceptions. The title search or abstract used for 199 the purpose of evidencing good and marketable title must be acceptable to the title insurance agent and the issuing 200 title insurance company. Seller agrees to execute such appropriate affidavits and instruments as may be required by 201 the issuing title insurance company. 202 B. Deed. Deed is to be made in the name of . 203 The manner in which Buyer takes title determines ownership and survivorship rights. It is the Buyer’s responsibility 204 to consult the closing agency or attorney prior to Closing.
TITLE AND CONVEYANCE. The Seller has the full right, power and authority to sell, assign, transfer and deliver the Purchase Shares to be sold by such Seller as provided herein, and such delivery will convey to the Purchaser lawful, valid, good and marketable title to such Purchase Shares, free and clear of any and all liens, pledges, security interests, options, encumbrances, charges, agreements or claims of any kind whatsoever.
TITLE AND CONVEYANCE. Seller is to convey title to Buyer by Warranty Deed or (as appropriate) and provide Buyer with a Certificate of Title prepared by an attorney, title or abstract company upon whose Certificate or report title insurance may be obtained from a title insurance company qualified to do and doing business in the state of Massachusetts. Seller will also execute a Bill of Sale, if necessary, for the transfer of any personal property. Seller shall, prior to or at closing, satisfy all outstanding mortgages, deeds of trust and special liens affecting the subject property which are not specifically assumed by Buyer herein. Title shall be good and marketable, subject only to (a) covenants, conditions and restrictions of record, (b) public, private utility easements and roads and rights-of-way, (c) applicable zoning ordinances, protective covenants and prior mineral reservations,
TITLE AND CONVEYANCE. (a) The title to the Premises to be conveyed at Closing by Seller to Buyer shall be conveyed in fee simple by special warranty deed (with the only covenants being against grantors acts). Title shall be good and marketable, insurable in the name of Buyer at ordinary premium rates by a title insurance company of Buyer's selection in the full amount of the Purchase Price subject, only, to those exceptions set forth herein and/or in EXHIBIT E attached hereto and made a part hereof (the "Permitted Encumbrances").
TITLE AND CONVEYANCE. (a) Upon payment of the Adjusted Purchase Price to Seller, as herein provided, Seller will assign and convey to Purchaser good and marketable (or as expressly hereinafter provided, insurable) title to the Real Property, if owned by Seller, free and clear of all Encumbrances, except (i) easements for public utilities, applicable zoning ordinances and restrictions of record, provided such items do not render title to the Real Property and Improvements unmarketable or the Real Property and Improvements unusable as a branch bank as presently configured, and (ii) the Encumbrances listed in Schedule 4.8 (a) attached hereto (collectively, the “Permitted Encumbrances”).
TITLE AND CONVEYANCE. (A) Subject to the specific provisions of Paragraph 6, hereof, on the Closing Date, Seller shall convey or cause to be conveyed to Buyer, by Special Warranty Deed (the “Deed”), title to the Premises, subject only to: (1) real estate taxes not yet due and payable; (2) special taxes or assessments for improvements not yet completed and other assessments or installments thereof not due and payable at the time of closing; (3) applicable zoning and building laws or ordinances, including without limitation building line restrictions; (4) encroachments, utility easements, covenants, conditions, restrictions, public and private easements, and agreements of record; (5) acts done or suffered by Buyer, or anyone claiming, by, through, or under Buyer; (6) liens and other matters as to which the Title Insurer (as hereinafter defined) commits to insure Buyer against loss or damage; (7) existing leases and tenancies; and (8) any other Permitted Title Exceptions.
TITLE AND CONVEYANCE. (a) The Premises is to be conveyed free and clear of all liens and encumbrances except for (i) municipal zoning ordinances and applicable governmental regulations, (ii) privileges or rights of public service companies, if any, (iii) recorded conditions, easements, restrictions and encumbrances, unless any of the foregoing are presently violated and the Premises would be forfeited if so violated, (iv) current taxes not then due and payable, (v) such facts as an accurate survey would disclose, (vi) such conditions, restrictions and requirements as provided in the Subdivision Plan approval, and (vii) the Permitted Exceptions, as defined below. Subject to the foregoing, the title to be conveyed shall be good, marketable and insurable, at the regular rates, by a title insurance company selected by Buyer and authorized to do business in Bucks County, Pennsylvania.
