Common use of Examination of Title Clause in Contracts

Examination of Title. Closing to be held at (Title Company). Whose address is (Address). Buyer or Seller will employ the use of an escrow, title company and/or closing agent to perform a title search and examine title to property. Xxxxxx agrees to convey a clear title to buyer free of all liens, encumbrances, bonds, assessments, judgments, bankruptcies, defects and/or burdens that might affect the equity of the property or its title. Buyer reserves right to rescind this contract if the title to be conveyed by Seller is not good and marketable. If any title or lien defects appear, Xxxxxx agrees to grant an extension in order to clear any title or lien defects and/or to complete closing documentation.

Appears in 1 contract

Samples: Standard Purchase & Sale Agreement

AutoNDA by SimpleDocs

Examination of Title. Closing to be held at at: Harborvest Title (Title Company). Whose address is is: 0000 Xxxxxx Xxxxx Xxxx Xxxxx 000, Xxxxx, XX 00000 (Address). Buyer or Seller will employ the use of an escrow, title company and/or closing agent to perform a title search and examine title to property. Xxxxxx agrees to convey a clear title to buyer free of all liens, encumbrances, bonds, assessments, judgments, bankruptcies, defects and/or burdens that might affect the equity of the property or its title. Buyer reserves right to rescind this contract if the title to be conveyed by Seller seller is not good and marketable, clear of all liens, encumbrances, defects and/or burdens. If any title or lien defects appear, Xxxxxx seller agrees to grant an extension in order to clear any title or lien defects and/or to complete closing documentation.

Appears in 1 contract

Samples: Standard Purchase & Sale Agreement

AutoNDA by SimpleDocs

Examination of Title. Closing to be held at at: Tier 1 Title, LLC (Title Company). Whose address is is: 0000 Xxxxxx Xx Xxxxx 000, Xxxxx, XX 00000, XXX (Address). Buyer or Seller will employ the use of an escrow, title company and/or closing agent to perform a title search and examine title to property. Xxxxxx agrees to convey a clear title to buyer free of all liens, encumbrances, bonds, assessments, judgments, bankruptcies, defects and/or burdens that might affect the equity of the property or its title. Buyer reserves right to rescind this contract if the title to be conveyed by Seller seller is not good and marketable, clear of all liens, encumbrances, defects and/or burdens. If any title or lien defects appear, Xxxxxx seller agrees to grant an extension in order to clear any title or lien defects and/or to complete closing documentation.

Appears in 1 contract

Samples: Standard Purchase & Sale Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.