Common use of Deed of Conveyance Clause in Contracts

Deed of Conveyance. SELLER shall execute a Warranty Deed of Conveyance to BUYER, free and clear of all liens and encumbrances, subject, however, to easements of record, apparent easements and all governmental rules and regulations. The Deed of conveyance shall be delivered to BUYER on Closing Date upon payment of the balance of the purchase price in a simultaneous transaction. Revenue on the Deed shall be paid by SELLER.