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Seller's Representations and Warranties Clause

Seller makes the following representations and warranties, which shall survive the closing of the sale: [Describe details and/or terms and conditions]

a. Seller Is Sole Owner. Seller is the sole owner of the [Property] and has full right and power to sell and transfer it.

b. No Liens or Encumbrances. The [Property] is free from any security interest or other lien or encumbrance.

c. Suits, Judgments, Etc. No judgments exist against Seller nor are there any executions, attachments, or replevins outstanding against Seller. Seller is not a defendant or respondent in any action or proceeding. No petition in bankruptcy or for an arrangement of creditors has been filed by or against __________.