Common use of Lien Affidavit Clause in Contracts

Lien Affidavit. Seller shall execute on the Closing Date an affidavit on the Title Company’s form which will remove all standard exceptions to Buyer’s title insurance policy (excepting the standard survey exception which is only removable if Buyer obtains a survey), as may be required by the Title Company.

Lien Affidavit. Seller shall execute on the Closing Date an affidavit on the Title Company’s form form, that shall be subject to Seller’s review and approval, which will remove all standard exceptions to Buyer’s title insurance policy (excepting the standard survey exception which is only removable if Buyer obtains a survey), as may be required by the Title Company.