Common use of Abstract Clause in Contracts

Abstract. Seller agrees to deliver to Buyer for its examination an abstract of title covering the above described real estate continued to the date of this Agreement and showing marketable title in Seller in accordance with Iowa Title Standards, subject only to the matters permitted by this Agreement. Upon receipt of the continued abstract Buyer shall have 14 days within which to notify Seller in writing of any objections to title. If no written objections are made within this time then title shall be deemed approved for all purposes under this Agreement. Seller will make reasonable efforts to cure any title exceptions caused by its acts or omissions but will not be obligated to cure any other exceptions.

Appears in 30 contracts

Samples: s3.amazonaws.com, s3.amazonaws.com, Offer and Acceptance

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