Common use of Monetary Encumbrances Clause in Contracts

Monetary Encumbrances. Buyer shall not be required to object to, and ▇▇▇▇▇▇ hereby agrees to remove, any exceptions to title arising out of financial or monetary encumbrances such as deeds of trust, liens, judgments, mortgages and past due taxes and assessments.

Appears in 2 contracts

Sources: Real Estate Purchase and Sale Agreement, Purchase and Sale Agreement