Common use of Closing Attorney/Law Firm Clause in Contracts

Closing Attorney/Law Firm. This transaction shall be closed by the law firm of . If Buyer is given the right to select a law firm from a mortgage lender’s approved list of closing attorneys, Buyer agrees to select the law firm referenced in this Agreement. If the law firm named above is not on the mortgage lender’s approved list, and cannot be added in time to close this transaction, Buyer may select another law firm from lender’s approved list to close this transaction. The closing attorney shall represent the mortgage lender in any transaction in which the Buyer obtains mortgage financing (including transactions where the method of payment referenced herein is “all cash”). In transactions where the Buyer does not obtain mortgage financing, the closing attorney shall represent the Buyer. If the closing attorney declines such representation, the Buyer may select a different closing attorney.

Appears in 4 contracts

Samples: Option Agreement to Purchase, Option Agreement to Purchase, Option Agreement to Purchase

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Closing Attorney/Law Firm. This transaction shall be closed by the law firm of . If Buyer Xxxxx is given the right to select a law firm from a mortgage lender’s approved list of closing attorneys, Buyer Xxxxx agrees to select the law firm referenced in this Agreement. If the law firm named above is not on the mortgage lender’s approved list, and cannot be added in time to close this transaction, Buyer Xxxxx may select another law firm from lender’s approved list to close this transaction. The closing attorney shall represent the mortgage lender in any transaction in which the Buyer obtains mortgage financing (including transactions where the method of payment referenced herein is “all cash”). In transactions where the Buyer does not obtain mortgage financing, the closing attorney shall represent the Buyer. If the closing attorney declines such representation, the Buyer may select a different closing attorney.

Appears in 2 contracts

Samples: Option Agreement to Purchase, Option Agreement to Purchase

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