Common use of Acceptance of Deed Clause in Contracts

Acceptance of Deed. The acceptance of a deed to the Property by the Buyer shall be deemed to be a full performance and discharge of every agreement and obligation herein contained or expressed or arising out of said Auction on the part of the Mortgage Holder to be performed or observed. The Mortgage Holder shall be under no obligation to provide any certifications or affidavits to the Buyer, ▇▇▇▇▇'s lender or title company with regard to the conduct of the sale or condition of the Property.

Appears in 4 contracts

Sources: Memorandum of Sale, Memorandum of Sale, Memorandum of Sale