Common use of Abstract of Title Clause in Contracts

Abstract of Title. Seller, at its expense, shall promptly obtain an abstract of title for the Real Estate continued through a date within thirty (30) days of the closing date and deliver it to Buyer for examination. It shall show merchantable title in Seller in conformity with this agreement, Iowa Law & Title Standards of the Iowa State Bar Association. The abstract shall become the property of the Buyer when the purchase price is paid in full. Seller shall pay the cost of any additional abstracting and title work due to any act or omission of Seller.

Appears in 4 contracts

Samples: sullivanauctioneers.com, www.sullivanauctioneers.com, sullivanauctioneers.com

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Abstract of Title. Seller, at its Seller's expense, shall promptly obtain an abstract of title for to the Real Estate Property continued through a date within not earlier than thirty (30) days prior to the date of the closing date this Agreement, and deliver it to Buyer Buyer's attorney for examination. It The abstract of title shall show merchantable title in Seller in conformity with this agreementAgreement, Iowa Law & law, and Title Standards of the Iowa State Bar Association. The abstract of title shall become the property of Buyer at the Buyer when time of the purchase price is paid in fullClosing. Seller shall pay the cost costs of any additional abstracting and title work due to any act or omission of Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Arts Way Manufacturing Co Inc)

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