Type of Deed. The Grantor promises that the Grantor has done no act to encumber the property. This promise is called a “covenant as to grantor’s acts” (N.J.S.A. § 46:4-6). This promise means that the Grantor has not allowed anyone else to obtain any legal rights which affect the property (such as by making a mortgage or allowing a judgment to be entered against the Grantor).
Appears in 2 contracts
Sources: Agreement for Sale of Real Estate (Vivus Inc), Sale of Real Estate Agreement (Vivus Inc)
Type of Deed. The Grantor promises that the Grantor has done no act to encumber the propertyProperty. This promise is called a “"covenant as to grantor’s 's acts” " (N.J.S.A. § 46:4-6). This promise means that the Grantor has not allowed anyone else to obtain any legal rights which affect the property Property (such as by making a mortgage or allowing a judgment to be entered against the Grantor).
Appears in 1 contract