Title Clauses: Contract for Real Property refer to a set of legal clauses used in a contract between two parties to transfer title of real estate from one party to the other. These clauses provide legal protection and assurance that the title is valid and can be transferred. The clauses typically include language regarding the title search, title insurance, title encumbrances, and transfer of title. There are two types of Title Clauses: Contract for Real Property: 1. Warranty of Title: These clauses provide a guarantee from the seller that the title of the real estate is free and clear of all liens and encumbrances. 2. Title Insurance: These clauses provide for the purchase of title insurance by the buyer, which protects the buyer in the event that there is a defect or encumbrance in the title of the real estate.
Title Clauses: Contract for Real Property
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