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  2. An undertaking, in the case of real estate transactions, is a special promise made in order to induce (convince) the other party to close the transaction, and it can be enforced as if it were a separate contract. On a typical home sale, the seller will undertake to pay out its mortgage, tax and utility accounts and to provide vacant possession.
    stewartesten.ca/undertakings-and-holdbacks-in-rea…
    In the context of a real estate transaction, an undertaking is a binding promise. The purpose of them is to persuade parties to close the transaction. Much like a contract, an undertaking is enforceable.
    kahanelaw.com/real-estate-undertakings/
     
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