Common use of Developer Title Policy Clause in Contracts

Developer Title Policy. A standard coverage policy of title insurance issued by the Title Company, with coverage in the amount of [TO BE DETERMINED DOLLAR AMOUNT], insuring title to the Property vested in Developer. If a survey is required to obtain the Developer Title Policy, the survey must be completed by Developer before the Escrow Closing Date and at Developer’s sole cost and expense.

Developer Title Policy. A standard coverage A[n] owners’ policy of title insurance issued by the Title Company, with coverage in the an amount of [TO BE DETERMINED DOLLAR AMOUNT]reasonably determined by Developer, insuring showing title to the Property vested in DeveloperDeveloper consistent with the Title Report. If a survey is required to obtain the Developer Title Policy, the such survey must be completed by Developer before the Escrow Closing Date and at Developer’s sole cost and expense.