Common use of Type of Deed Clause in Contracts

Type of Deed. The Seller agrees to provide and the Buyer agrees to accept a Quitclaim Deed unless an adequate title binder, sufficient in the sole discretion of the Township Attorney, which is prepared at the expense of the Buyer, by a title company licensed to do business in the State of New Jersey, is forwarded to the Township prior to the conveyance, in which case a Bargain and Sale Deed with Covenants against ▇▇▇▇▇▇▇’s Acts will be the form of conveyance.

Appears in 2 contracts

Sources: Sale Agreement, Sale Agreement