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| The lots are sold on an Agreement for Deed with title and
possession retained by BAL until such time as payments are
completed in accordance with the installment payment schedule
which on the face of the Agreement. Upon completion
of all payments and costs, Bahama Acres Limited will convey
good and marketable title to the Purchaser based upon a Certificate
of Title previously received by BAL from the Supreme Court
of The Bahamas. The cost of recording the deed, notarization
fee, and required stamp duty are borne by the Purchaser. |
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