Examples of Title Insurance in a sentence
Code § 32-21-5-1; and (f) an Owner’s Commitment of Title Insurance from Title Company (the “Title Policy”) free of any liens related to Seller’s mortgage or for delinquent taxes (collectively, the “Closing Documents”).
Within ten (10) days from the execution of this Agreement, Seller shall obtain at Purchaser’s sole cost and expense, a current title commitment from Kenzley Title Group, Inc., serving as agent for Chicago Title Insurance Company for the latest ALTA Form Policy for the Subject Property in the amount of the Purchase Price (“Title Commitment”), together with copies of all documents referred to therein (“Title Documents”).
Seller shall furnish to Buyer an Owner's Policy of Title Insurance to said real estate showing marketable or insurable record title.
The Title Insurance Company may require a New Survey or New ILC, defined 305 below, among other requirements for OEC.
If the Cooperator is a municipality, political subdivision or state agency, it may use an Ownership and Encumbrance Report acceptable to the District in lieu of a Title Insurance Commitment.