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Important Tips for Completing a Residential Contract for Sale and Purchase – Part 18: Standards For Real Estate Transactions

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Important Tips for Completing a Residential Contract for Sale and Purchase – Part 18: Standards For Real Estate Transactions

February 4, 2016
Tanishia Stokes
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Conveyance

Part H of Section 18 states what the Seller is conveying. Seller is required to convey to the Buyer marketable title to the Real Property. Seller’s marketable title is conveyed by statutory warranty. This is subject only to the matters underlined in Standard A of the Contract and those accepted by the Buyer. Personal property must be transferred by bill of sale with warranty of title, subject only to provisions within the Contract.

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