Sin being removed, and righteousness bestowed, we have peace with God—are continually accepted before him.
There is not any thing to charge us with: that which was, is taken out of the way by Christ, and nailed to his cross—made fast there; yea, publicly and legally cancelled, that it can never be admitted again as an evidence.
What court among men would admit of evidence that has been publicly cancelled and nailed up for all to see it?
So has Christ dealt with that which was against us; and not only so, but also he puts that upon us for which we are received into favor.
He makes us comely through his beauty; gives us white raiment to stand before the Lord.
This is the first part of purchased grace wherein the saints have communion with Jesus Christ. In remission of sin and imputation of righteousness does it consist; from the death of Christ, as a price, sacrifice, and a punishment—from the life of Christ spent in obedience to the law, does it arise.
The great product it is of the Father’s righteousness, wisdom, love, and grace—the great and astonishable fruit of the love and condescension of the Son—the great discovery of the Holy Ghost in the revelation of the mystery of the gospel.
—John Owen, Communion with the Triune God, 290-91.
(HT: Justin Taylor)