Common use of CONVEYANCE AND TITLE Clause in Contracts

CONVEYANCE AND TITLE. Seller hereby agrees to sell and convey Property (including the personal property described in Paragraph 4(a) hereof), or cause it to be conveyed, by good and sufficient warranty deed, unto Purchaser or unto such persons as Purchaser may designate; however, Purchaser shall not be released from any of Purchaser's agreements and undertakings as set forth herein, unless otherwise stated herein; and Purchaser hereby agrees to purchase Property from Seller, subject to and upon the terms and conditions set forth in this Contract. Title is to be conveyed subject to all restrictions, general utility, sewer and drainage easements of record upon which building(s) do not encroach, zoning ordinances and all other laws of any governmental authority, covenants of record, articles of association or incorporation, by-laws, master deed, and rules and regulations. Property (is) (is not) [Cross Out One] subject to assessments in the amount of Dollars ( $ ), payable