Common use of Examination of Title Clause in Contracts

Examination of Title. In addition to any encumbrances assumed or taken "subject to", Seller will convey title to the property subject only to: [1] real estate taxes not yet due; and [2] covenants, conditions, restrictions, r ights of way and easements of record, if any, which do not materially affect the value or intended use of the property. Within three (3) days after acceptance, Buyer will order a Preliminary Title Report and copies of CC&Rs and other documents of record if applicable. Within ten (10) days after receipt, Xxxxx will report to Seller in writing any valid objections to title contained in such report (other than monetary liens to be paid upon close of escrow). If Xxxxx objects to any exceptions to the title, Seller will use due diligence to remove such exceptions at his or her own expense before close of escrow. If such exceptions cannot be removed before close of escrow, this Agreement will terminate, unless Buyer elects to purchase the property subject to such exceptions. If Xxxxxx concludes he or she is in good faith unable to remove such objections, Seller will so notify Buyer within ten

Appears in 2 contracts

Samples: Standard Residential Purchase Agreement, Standard Residential Purchase Agreement

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Examination of Title. In addition to any encumbrances assumed or taken "subject to", ," Seller will convey title to the property subject only to: [1] real estate taxes not yet due; and [2] covenants, conditions, restrictions, r ights rights of way and easements of record, if any, which do not materially affect the value or intended use of the property. Within three (3) days after acceptance, Buyer will order a Preliminary Title Report and copies of CC&Rs and other documents of record if applicable. Within ten (10) days after receipt, Xxxxx will report to Seller in writing any valid objections to title contained in such report (other than monetary liens to be paid upon close of escrow). If Xxxxx objects to any exceptions to the title, Seller will use due diligence to remove such exceptions at his or her own expense before close of escrow. If such exceptions cannot be removed before close of escrow, this Agreement will terminate, unless Buyer elects to purchase the property subject to such exceptions. If Xxxxxx concludes he or she is in good faith unable to remove such objections, Seller will so notify Buyer within tenten (10) days after receipt of said objections. In that event Buyer may terminate this Agreement.

Appears in 1 contract

Samples: Tenfold Corp /Ut

Examination of Title. In addition to any encumbrances assumed or taken "subject subject" to", Seller will convey title to the property subject only to: [1] real estate taxes not yet due; and [2] covenants, conditions, restrictions, r ights rights of way and easements of record, if any, which do not materially affect the value or intended use of the property. Within three (3) days after acceptance, Buyer will order a Preliminary Title Report and copies of CC&Rs and other documents of record if applicable. Within ten five (105) days after receipt, Xxxxx will report to Seller in writing any valid objections to title contained in such report (other than monetary liens to be paid upon close of escrow). If Xxxxx objects to any exceptions to the title, Seller will use due diligence to remove such exceptions at his or her own expense before close of escrowescrow . If such exceptions cannot be removed before close of escrow, this Agreement will terminate, unless Buyer elects to purchase the property subject to such exceptions. If Xxxxxx concludes he or she is in good faith unable to remove such objections, Seller will so notify Buyer within ten

Appears in 1 contract

Samples: Standard Residential Purchase Agreement

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Examination of Title. In addition to any encumbrances assumed or taken "subject to", Seller will convey title to the property xx xxxxx y subject only to: [1] real estate taxes not yet due; and [2] covenants, conditions, restrictions, r ights rights of way and easements of record, if any, which do not materially affect the value or intended use of the property. Within three (3) days after acceptance, Buyer will order a Preliminary Title Report and copies of CC&Rs and other documents of record if applicable. Within ten (10) days after receipt, Xxxxx Buyer will report to Seller in writing any valid objections to title contained in such report (other than monetary liens to be paid upon close of escrow). If Xxxxx Buyer objects to any exceptions to the title, Seller will use due diligence to remove such exceptions at his or her own expense before close of escrowescrow . If such exceptions cannot be removed before close of escrow, this Agreement will terminate, unless Buyer elects to purchase the property subject to such exceptions. If Xxxxxx Seller concludes he or she is in good faith unable to remove such objections, Seller will so notify Buyer within ten

Appears in 1 contract

Samples: Residential Purchase Agreement

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