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").
Appears in 3 contracts
Samples: Agreement of Sale (Clover Income Properties L P), Agreement of Sale (Clover Income Properties Ii L P), Agreement of Sale (Clover Income Properties Iii Lp)
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 limited warranty deed (with the only covenants being against grantors acts). Title shall be good and marketable, marketable and insurable in the name of Buyer at ordinary premium rates as such by a reputable title insurance company of Buyer's selection in the full amount of the Purchase Price company, but subject, onlyhowever, to those exceptions set forth herein and/or in EXHIBIT E SCHEDULE B attached hereto and made a part hereof (the "Permitted Encumbrances")hereof.
Appears in 1 contract
Samples: Agreement of Sale (Clover Appreciation Properties I L P)
