Common use of Condition of Title Clause in Contracts

Condition of Title. The condition of title to the Property, including, without limitation, vesting, legal description, matters affecting title, title defects, liens, encumbrances, boundaries, encroachments, mineral rights, options, easements, and access; violations of restrictive covenants, zoning ordinances, setback lines, or development agreements; the availability, cost, and coverage of title insurance; leases, rental agreements, occupancy agreements, rights of parties in possession of, using, or occupying the Property; and standby fees, taxes, bonds and assessments.

Appears in 10 contracts

Samples: Agreement of Purchase and Sale (Interstate Hotels & Resorts Inc), Agreement of Purchase and Sale (Wells Real Estate Investment Trust Inc), Agreement of Purchase and Sale (Interstate Hotels & Resorts Inc)

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Condition of Title. The condition of title to the PropertyProperties, including, without limitation, vesting, legal description, matters affecting title, title defects, liens, encumbrances, boundaries, encroachments, mineral rights, options, easements, and access; violations of restrictive covenants, zoning ordinances, setback lines, or development agreements; the availability, cost, and coverage of title insurance; leases, rental agreements, occupancy agreements, rights of parties in possession of, using, or occupying the PropertyProperties; and standby fees, taxes, bonds and assessments.

Appears in 1 contract

Samples: Contribution and Sale Agreement (Mack Cali Realty Corp)

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