Common use of TITLE DEED Clause in Contracts

TITLE DEED. The Property is to be conveyed by a good and sufficient quitclaim deed running to BUYER, and said deed shall convey good and clear record and marketable title thereto, free from encumbrances, except (a) Provisions of existing building and zoning laws; (b) Such taxes for the then current year as are not due and payable on the date of the delivery of such deed; (c) Any liens for municipal betterments assessed after the date of this Agreement; and (d) Easements, restrictions and reservations of record, so long as they do not interfere with BUYER’s anticipated or proposed use of the Property, which is conservation and recreation purposes.