Release of Charge. 13.1 The Buyer acknowledges that it will not receive a release of the Property from any charge or Security Interest granted by the registered owner at settlement (apart from a release of any mortgage registered on the title to the Lot which will prevent the registration of the Transfer Documents). 13.2 The Buyer will not Object to or make any Claim against the Seller if the Seller does not provide a release of the Property from any charge or Security Interest at settlement (apart from a release of any mortgage registered on the title to the Lot which will prevent the registration of the Transfer Documents).
Appears in 2 contracts
Sources: Contract for Residential Lots in a Community Titles Scheme, Contract for Residential Lots in a Community Titles Scheme