Again, I don't think you and I would define retirement the same way based on your last sentence in your reply.Steve – I'm currently retired and financially independent but I certainly don't spend much time sitting around.

The FAR listing agreement includes the following sentence, "Seller certifies and represents that he/she/it is legally entitled to convey the property and all improvements."

As you stated in your last sentence...no need to test it!

@Scott Trench Nice feature.FYI for MBAs: We'll need you to verify your degree by using "synergize," "leverage," "vertical," or any other cringe worthy MBA jargon in a sentence. 

Simply add the following sentence (besides the price) with your e-mail blast to your Cash Buyers: (Agents add your commission on top…)To Great Real Estate Adventures,Tom Krol

Michael is right. i realized that some batch of papers are slightly different from the rest, hence the issue of non-alignment of sentences nicely on the line.

The reader will typically examine the contents, 'feel' the letter and make an unconscious, split second judgment if the letter looks 'real', personal or business and then skim the headline sentence and P.S.

And again, the last sentence of the source you cite says:"We rate it Mostly True."

To the best of my knowledge, notes on mortgages are valid until satisfied.Regarding your last sentence, the instrument that secures the repayment obligation with an interest in real property has a definite period within which it must be exercised in relation to the maturity date of the mortgage/DoT.

That, on its own, turns many people off because they don’t know what they are looking at and assume that if there is a sentence somewhere that says “no STR” it is actually valid (or enforced).