{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "from-the-effective-date", "type": "clause", "offset": [24, 47]}, {"key": "the-city", "type": "clause", "offset": [91, 99]}, {"key": "standard-coverage", "type": "clause", "offset": [150, 167]}, {"key": "policy-of-title-insurance", "type": "definition", "offset": [168, 193]}, {"key": "the-property", "type": "clause", "offset": [203, 215]}, {"key": "issued-by", "type": "definition", "offset": [248, 257]}, {"key": "chicago-title-insurance-company", "type": "clause", "offset": [262, 293]}, {"key": "title-company", "type": "clause", "offset": [300, 313]}, {"key": "documents-referenced", "type": "clause", "offset": [362, 382]}, {"key": "the-preliminary", "type": "clause", "offset": [386, 401]}, {"key": "issued-to", "type": "definition", "offset": [458, 467]}, {"key": "ancillary-property", "type": "definition", "offset": [502, 520]}, {"key": "title-policies", "type": "definition", "offset": [569, 583]}, {"key": "upon-determination-of-the", "type": "clause", "offset": [617, 642]}, {"key": "metes-and-bounds", "type": "definition", "offset": [643, 659]}, {"key": "section-44", "type": "clause", "offset": [701, 712]}], "size": 4, "samples": [{"hash": "Xs3DzJRXwR", "uri": "/contracts/Xs3DzJRXwR#preliminary-commitment", "label": "Real Estate Purchase and Sale Agreement", "score": 23.4454841614, "published": true}, {"hash": "4zkvT2GxXj1", "uri": "/contracts/4zkvT2GxXj1#preliminary-commitment", "label": "Real Estate Purchase and Sale Agreement", "score": 23.4454841614, "published": true}], "snippet": "Within twenty (20) days from the Effective Date, the Port, at its sole cost, shall provide the City with a preliminary commitment for an ALTA owner\u2019s standard coverage policy of title insurance covering the Property (the \u201cPreliminary Commitment\u201d), issued by the Chicago Title Insurance Company (the \u201cTitle Company\u201d), together with complete legible copies of all documents referenced in the Preliminary Commitment. The initial Preliminary Commitment shall be issued to include both the Property and the Ancillary Property. At the City\u2019s request, such commitment and the title policies to be issued shall be bifurcated upon determination of the metes and bounds of the Ancillary Property as provided in Section 4.4 below.", "hash": "2baef9c2f9d06e154c004cf7dbffaf37", "id": 2}, {"snippet_links": [{"key": "days-after", "type": "definition", "offset": [16, 26]}, {"key": "execution-and-delivery-of-this-agreement", "type": "clause", "offset": [34, 74]}, {"key": "seller-shall", "type": "clause", "offset": [76, 88]}, {"key": "commitment-to-issue", "type": "clause", "offset": [122, 141]}, {"key": "policy-of-title-insurance", "type": "definition", "offset": [167, 192]}, {"key": "copies-of-all", "type": "definition", "offset": [307, 320]}, {"key": "the-preliminary", "type": "clause", "offset": [364, 379]}, {"key": "issued-by", "type": "definition", "offset": [400, 409]}, {"key": "title-insurance-company", "type": "definition", "offset": [422, 445]}, {"key": "jefferson-county", "type": "definition", "offset": [473, 489]}, {"key": "title-company", "type": "clause", "offset": [535, 548]}, {"key": "company-will", "type": "clause", "offset": [704, 716]}, {"key": "policy-for", "type": "definition", "offset": [752, 762]}, {"key": "lack-of", "type": "clause", "offset": [763, 770]}, {"key": "alta-survey", "type": "definition", "offset": [774, 785]}, {"key": "prior-to-closing", "type": "clause", "offset": [786, 802]}, {"key": "subject-to", "type": "clause", "offset": [804, 814]}, {"key": "period-defined", "type": "clause", "offset": [867, 881]}, {"key": "buyer-shall", "type": "clause", "offset": [889, 900]}, {"key": "inspection-period", "type": "clause", "offset": [930, 947]}, {"key": "section-41", "type": "clause", "offset": [961, 972]}, {"key": "after-receipt-of", "type": "clause", "offset": [990, 1006]}, {"key": "section-32", "type": "clause", "offset": [1035, 1046]}, {"key": "to-advise", "type": "definition", "offset": [1107, 1116]}, {"key": "other-matters", "type": "definition", "offset": [1184, 1197]}, {"key": "except-as-otherwise-provided", "type": "clause", "offset": [1301, 1329]}, {"key": "exceptions-to", "type": "clause", "offset": [1341, 1354]}, {"key": "by-buyer", "type": "clause", "offset": [1477, 1485]}, {"key": "notice-to-seller", "type": "clause", "offset": [1549, 1565]}, {"key": "title-to-the-real-property", "type": "clause", "offset": [1731, 1757]}, {"key": "the-\u2587", "type": "clause", "offset": [1809, 1814]}, {"key": "cooperate-with", "type": "clause", "offset": [2074, 2088]}, {"key": "as-soon-as-possible", "type": "definition", "offset": [2160, 2179]}, {"key": "of-buyer", "type": "clause", "offset": [2301, 2309]}, {"key": "written-objections", "type": "clause", "offset": [2312, 2330]}, {"key": "seller-will", "type": "clause", "offset": [2353, 2364]}, {"key": "at-closing", "type": "definition", "offset": [2372, 2382]}, {"key": "agreed-to", "type": "definition", "offset": [2427, 2436]}, {"key": "the-title-policy", "type": "clause", "offset": [2449, 2465]}, {"key": "by-seller", "type": "clause", "offset": [2536, 2545]}, {"key": "notice-to-buyer", "type": "definition", "offset": [2641, 2656]}, {"key": "after-seller", "type": "definition", "offset": [2881, 2893]}, {"key": "not-agreed", "type": "definition", "offset": [2949, 2959]}, {"key": "terminate-this-agreement", "type": "clause", "offset": [3081, 3105]}, {"key": "to-insure", "type": "clause", "offset": [3265, 3274]}, {"key": "agreement-in-writing", "type": "clause", "offset": [3382, 3402]}, {"key": "day-period", "type": "definition", "offset": [3426, 3436]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [3582, 3611]}, {"key": "at-seller", "type": "definition", "offset": [3633, 3642]}, {"key": "sole-expense", "type": "definition", "offset": [3645, 3657]}, {"key": "deeds-of-trust", "type": "definition", "offset": [3674, 3688]}, {"key": "monetary-liens", "type": "definition", "offset": [3700, 3714]}, {"key": "assessment-liens", "type": "clause", "offset": [3737, 3753]}, {"key": "district-assessments", "type": "clause", "offset": [3789, 3809]}, {"key": "delinquent-taxes", "type": "clause", "offset": [3832, 3848]}, {"key": "provider-liens", "type": "clause", "offset": [3886, 3900]}, {"key": "judgment-liens", "type": "clause", "offset": [3906, 3920]}, {"key": "fully-satisfied", "type": "definition", "offset": [3928, 3943]}, {"key": "of-record", "type": "definition", "offset": [3970, 3979]}, {"key": "prior-to-the-closing-date", "type": "clause", "offset": [3986, 4011]}, {"key": "for-buyer", "type": "definition", "offset": [4182, 4191]}], "size": 7, "samples": [{"hash": "fGmuFk6X6bh", "uri": "/contracts/fGmuFk6X6bh#preliminary-commitment", "label": "Real Estate Purchase and Sale Agreement (Pope Resources LTD Partnership)", "score": 19.0, "published": true}], "snippet": "Within ten (10) days after mutual execution and delivery of this Agreement, Seller shall provide Buyer with a preliminary commitment to issue an ALTA Extended Owner\u2019s Policy of title insurance insuring Buyer\u2019s interest in the Real Property (the \u201cPreliminary Commitment\u201d), together with complete and legible copies of all exceptions and encumbrances noted thereon. The Preliminary Commitment shall be issued by Transnation Title Insurance Company or its local affiliates in Jefferson County, Washington, and \u2587\u2587\u2587\u2587\u2587\u2587 County, Washington (\u201cTitle Company\u201d). The Preliminary Commitment may be to issue an ALTA Standard Owner\u2019s Policy of title insurance as to those portions of the Real Property for which Title Company will not issue an ALTA Extended Owner\u2019s Policy for lack of an ALTA survey prior to Closing, subject to Buyer\u2019s approval during the Title and Survey Review Period defined below. Buyer shall have until expiration of the Inspection Period described in Section 4.1 or ten (10) days after receipt of the ESM Survey described at Section 3.2, whichever is later (the \u201cTitle and Survey Review Period\u201d), to advise Seller in writing of any encumbrances, restrictions, easements, or other matters shown in the Preliminary Commitment or ESM Survey (collectively, \u201cExceptions\u201d) to which Buyer objects. Except as otherwise provided below, all Exceptions to which Buyer does not object in writing prior to expiration of the Title and Survey Review Period shall be deemed accepted by Buyer, provided, however, that if Buyer does not deliver any written notice to Seller regarding its objection to Exceptions prior to expiration of the Title and Survey Review Period, then Buyer shall be deemed to have and disapproved the condition of title to the Real Property, in which event this Agreement shall terminate and the \u2587\u2587\u2587\u2587\u2587\u2587\u2587 Money shall be returned to Buyer. If Buyer does not receive complete and legible copies of all exceptions and encumbrances noted in the Preliminary Commitment within ten (10) days after mutual execution and delivery of this Agreement, then Seller shall cooperate with Buyer and assist Buyer in obtaining such copies from the Title Company as soon as possible. If Buyer timely objects to any Exceptions, then Seller shall advise Buyer in writing within ten (10) days after receipt of Buyer\u2019s written objections: (a) which Exceptions Seller will remove at Closing, (b) which Exceptions the Title Company has agreed to remove from the title policy to be issued at Closing, and (c) which Exceptions will not be removed by Seller or Title Company. If Seller does not otherwise give an adequate, complete, timely, and written notice to Buyer regarding any Exception to which Seller has timely objected, then Seller shall be deemed to have given notice Buyer that such Exception will not be removed by Seller or Title Company prior to Closing Within twenty (20) days after Seller\u2019s receipt of Buyer\u2019s written objections, if Seller has not agreed to remove all Exceptions to which Buyer objects, Buyer shall notify Seller in writing of Buyer\u2019s election to either: (a) terminate this Agreement, in which event the \u2587\u2587\u2587\u2587\u2587\u2587\u2587 Money shall be returned to Buyer, or (b) waive its objections to the Exceptions that Seller will not remove or cause Title Company to insure around, in which event such Exceptions shall be deemed accepted by Buyer. If Buyer does not terminate this Agreement in writing within the twenty (20) day period, then Buyer shall be deemed to have waived its objections to the Exceptions that Seller will not remove or cause Title Company to insure around. Notwithstanding the foregoing, Seller shall cause, at Seller\u2019s sole expense, all mortgages, deeds of trust, and other monetary liens except non-delinquent assessment liens (e.g., liens for local improvement district assessments), including liens for delinquent taxes, mechanics, materialman\u2019s or service provider liens, and judgment liens, to be fully satisfied, released, and discharged of record on or prior to the Closing Date without necessity of Buyer\u2019s objection. All such mortgages, deeds of trust and other monetary liens shall automatically be deemed unacceptable to Buyer (without any need for Buyer to object to them expressly) and shall be removed by Seller as provided above.", "hash": "a47929b1afe85b1e35c17f81ff0be71d", "id": 1}, {"snippet_links": [{"key": "effective-date-of-this-agreement", "type": "clause", "offset": [40, 72]}, {"key": "as-seller", "type": "clause", "offset": [94, 103]}, {"key": "property-manager", "type": "definition", "offset": [121, 137]}, {"key": "in-writing", "type": "clause", "offset": [160, 170]}, {"key": "buyer-will", "type": "clause", "offset": [173, 183]}, {"key": "standard-coverage", "type": "clause", "offset": [228, 245]}, {"key": "issued-by", "type": "definition", "offset": [272, 281]}, {"key": "title-company", "type": "clause", "offset": [286, 299]}, {"key": "basic-provisions", "type": "definition", "offset": [317, 333]}, {"key": "the-insured", "type": "definition", "offset": [350, 361]}, {"key": "amount-of-the-purchase-price", "type": "clause", "offset": [369, 397]}, {"key": "a-copy-of", "type": "clause", "offset": [413, 422]}, {"key": "all-instruments", "type": "clause", "offset": [423, 438]}, {"key": "the-commitment", "type": "clause", "offset": [463, 477]}, {"key": "buyer-shall", "type": "clause", "offset": [479, 490]}, {"key": "by-written-notice", "type": "clause", "offset": [506, 523]}, {"key": "exceptions-to-title", "type": "clause", "offset": [530, 549]}, {"key": "disapproved-exceptions", "type": "definition", "offset": [586, 608]}], "size": 2, "samples": [{"hash": "bAUMMSDyQpW", "uri": "/contracts/bAUMMSDyQpW#preliminary-commitment", "label": "Real Estate Purchase and Sale Agreement", "score": 35.8112754822, "published": true}, {"hash": "cqjSEZPVDJu", "uri": "/contracts/cqjSEZPVDJu#preliminary-commitment", "label": "Purchase and Sale Agreement", "score": 34.950302124, "published": true}], "snippet": "Within ten (10) business days after the Effective Date of this Agreement (or such longer time as Seller and \u2587\u2587\u2587\u2587\u2587\u2019s Real Property Manager or designee may agree in writing), Buyer will obtain a preliminary commitment for owner\u2019s standard coverage policy of title insurance issued by the Title Company set forth in the Basic Provisions naming Buyer as the insured in the amount of the Purchase Price, together with a copy of all instruments listed as exceptions in the commitment. Buyer shall notify Seller, by written notice, what exceptions to title, if any, are disapproved by \u2587\u2587\u2587\u2587\u2587 (\u201cDisapproved Exceptions\u201d) within ten", "hash": "de644e415a8ef22e642fb1af8ddbec3d", "id": 3}, {"snippet_links": [{"key": "from-the-effective-date", "type": "clause", "offset": [21, 44]}, {"key": "the-county", "type": "clause", "offset": [88, 98]}, {"key": "standard-coverage", "type": "clause", "offset": [149, 166]}, {"key": "policy-of-title-insurance", "type": "definition", "offset": [167, 192]}, {"key": "the-property", "type": "clause", "offset": [202, 214]}, {"key": "issued-by", "type": "definition", "offset": [247, 256]}, {"key": "chicago-title-insurance-company", "type": "clause", "offset": [257, 288]}, {"key": "title-company", "type": "clause", "offset": [295, 308]}, {"key": "documents-referenced", "type": "clause", "offset": [357, 377]}, {"key": "the-preliminary", "type": "clause", "offset": [381, 396]}], "size": 2, "samples": [{"hash": "5hbs7twNbmG", "uri": "/contracts/5hbs7twNbmG#preliminary-commitment", "label": "Real Estate Purchase and Sale Agreement", "score": 23.0184555054, "published": true}, {"hash": "2RCgihLhdii", "uri": "/contracts/2RCgihLhdii#preliminary-commitment", "label": "Real Estate Purchase and Sale Agreement", "score": 22.9965572357, "published": true}], "snippet": "Within ten (10) days from the Effective Date, the Port, at its sole cost, shall provide the County with a preliminary commitment for an ALTA owner\u2019s standard coverage policy of title insurance covering the Property (the \u201cPreliminary Commitment\u201d), issued by Chicago Title Insurance Company (the \u201cTitle Company\u201d), together with complete legible copies of all documents referenced in the Preliminary Commitment.", "hash": "31b312476d365c19b7fcb58b9494d28a", "id": 4}, {"snippet_links": [], "size": 1, "samples": [{"hash": "fVv5RDs5pGu", "uri": "/contracts/fVv5RDs5pGu#preliminary-commitment", "label": "Credit Agreement (Ecoscience Corp/De)", "score": 18.0, "published": true}], "snippet": "8 1.99 Quarter .............................................................8", "hash": "ae86d57f79685ee0bc3cf696beab3972", "id": 5}, {"snippet_links": [{"key": "days-after", "type": "definition", "offset": [20, 30]}, {"key": "date-hereof", "type": "clause", "offset": [35, 46]}, {"key": "buyer-shall", "type": "clause", "offset": [48, 59]}, {"key": "to-seller", "type": "definition", "offset": [68, 77]}, {"key": "title-company", "type": "clause", "offset": [85, 98]}, {"key": "the-commitment", "type": "clause", "offset": [126, 140]}, {"key": "permitted-encumbrance", "type": "definition", "offset": [171, 192]}, {"key": "by-buyer", "type": "clause", "offset": [250, 258]}], "size": 1, "samples": [{"hash": "fPmj4OqRFeV", "uri": "/contracts/fPmj4OqRFeV#preliminary-commitment", "label": "Stock Purchase Agreement (Shoneys Inc)", "score": 18.0, "published": true}], "snippet": "Within fifteen (15) days after the date hereof, Buyer shall specify to Seller and to Title Company any exception set forth in the Commitment which Buyer contends is not a Permitted Encumbrance. Any exception not so specified shall be deemed approved by Buyer.", "hash": "91b81f988fc19b17d391546291ab102c", "id": 6}, {"snippet_links": [{"key": "the-city", "type": "clause", "offset": [37, 45]}, {"key": "standard-coverage", "type": "clause", "offset": [96, 113]}, {"key": "policy-of-title-insurance", "type": "definition", "offset": [114, 139]}, {"key": "the-property", "type": "clause", "offset": [149, 161]}, {"key": "issued-by", "type": "definition", "offset": [194, 203]}, {"key": "chicago-title-insurance-company", "type": "clause", "offset": [208, 239]}, {"key": "title-company", "type": "clause", "offset": [246, 259]}, {"key": "documents-referenced", "type": "clause", "offset": [308, 328]}, {"key": "the-preliminary", "type": "clause", "offset": [332, 347]}, {"key": "ancillary-property", "type": "definition", "offset": [415, 433]}], "size": 1, "samples": [{"hash": "5aDlDU9XNzi", "uri": "/contracts/5aDlDU9XNzi#preliminary-commitment", "label": "Real Estate Purchase and Sale Agreement", "score": 24.302280426, "published": true}], "snippet": "The Port, at its sole cost, provided the City with a preliminary commitment for an ALTA owner\u2019s standard coverage policy of title insurance covering the Property (the \u201cPreliminary Commitment\u201d), issued by the Chicago Title Insurance Company (the \u201cTitle Company\u201d), together with complete legible copies of all documents referenced in the Preliminary Commitment. The initial Preliminary Commitment issued included the Ancillary Property.", "hash": "c59bc95d8e38bdeddc04ac10118c8056", "id": 7}, {"snippet_links": [{"key": "buyer-shall", "type": "clause", "offset": [0, 11]}, {"key": "an-owner", "type": "clause", "offset": [47, 55]}, {"key": "standard-coverage", "type": "clause", "offset": [58, 75]}, {"key": "policy-of-title-insurance", "type": "definition", "offset": [76, 101]}, {"key": "at-buyer", "type": "definition", "offset": [107, 115]}, {"key": "extended-coverage-policy", "type": "definition", "offset": [139, 163]}, {"key": "amount-of-the-purchase-price", "type": "clause", "offset": [191, 219]}, {"key": "issued-by", "type": "definition", "offset": [226, 235]}, {"key": "title-company", "type": "clause", "offset": [240, 253]}, {"key": "copies-of-all", "type": "definition", "offset": [273, 286]}, {"key": "required-documents", "type": "clause", "offset": [287, 305]}, {"key": "monetary-encumbrances", "type": "clause", "offset": [342, 363]}, {"key": "ad-valorem-property-taxes", "type": "definition", "offset": [390, 415]}, {"key": "notwithstanding-anything-to-the-contrary", "type": "clause", "offset": [450, 490]}, {"key": "in-this-agreement", "type": "definition", "offset": [491, 508]}, {"key": "seller-shall", "type": "clause", "offset": [510, 522]}, {"key": "or-before-the-closing-date", "type": "clause", "offset": [544, 570]}, {"key": "by-buyer", "type": "clause", "offset": [623, 631]}, {"key": "terminate-this-agreement", "type": "clause", "offset": [652, 676]}, {"key": "the-escrow", "type": "clause", "offset": [678, 688]}, {"key": "will-be-terminated", "type": "clause", "offset": [689, 707]}, {"key": "other-funds", "type": "clause", "offset": [769, 780]}, {"key": "the-party", "type": "clause", "offset": [801, 810]}, {"key": "neither-party", "type": "definition", "offset": [835, 848]}, {"key": "obligations-under-this-agreement", "type": "clause", "offset": [881, 913]}, {"key": "except-as-otherwise-provided", "type": "clause", "offset": [914, 942]}, {"key": "no-fault", "type": "definition", "offset": [1002, 1010]}, {"key": "of-seller", "type": "clause", "offset": [1011, 1020]}, {"key": "seller-and-buyer", "type": "clause", "offset": [1027, 1043]}, {"key": "costs-of", "type": "clause", "offset": [1068, 1076]}, {"key": "cancellation-fee", "type": "clause", "offset": [1108, 1124]}, {"key": "the-preliminary", "type": "clause", "offset": [1129, 1144]}, {"key": "after-closing", "type": "definition", "offset": [1205, 1218]}, {"key": "storage-structure", "type": "definition", "offset": [1239, 1256]}, {"key": "other-personal-property", "type": "definition", "offset": [1278, 1301]}], "size": 1, "samples": [{"hash": "e6mJo3VyBC9", "uri": "/contracts/e6mJo3VyBC9#preliminary-commitment", "label": "Purchase and Sale Agreement", "score": 27.1480350494, "published": true}], "snippet": "Buyer shall order a preliminary commitment for an owner\u2019s standard coverage policy of title insurance (or, at Buyer\u2019s election, an owner\u2019s extended coverage policy of title insurance) in the amount of the Purchase Price to be issued by the Title Company and accompanied by copies of all required documents (the \u201cPreliminary Commitment\u201d). All monetary encumbrances other than non-delinquent ad valorem property taxes will be deemed to be disapproved. Notwithstanding anything to the contrary in this Agreement, Seller shall remove from title on or before the Closing Date all monetary encumbrances other than those approved by Buyer. If Buyer elects to terminate this Agreement, the escrow will be terminated, any Deposit must be returned immediately, all documents and other funds will be returned to the party who deposited them, and neither party will have any further rights or obligations under this Agreement except as otherwise provided in this Agreement. If this Agreement is terminated through no fault of Seller, then Seller and Buyer shall share equally any costs of terminating the escrow and any cancellation fee for the Preliminary Commitment. Seller shall have one hundred eighty (180) days after closing to remove the Conex storage structure, hotel materials and other personal property.", "hash": "5f4a938027b1255f01b7b2f6d74c5095", "id": 8}, {"snippet_links": [{"key": "following-the-effective-date", "type": "clause", "offset": [22, 50]}, {"key": "preliminary-title-report", "type": "clause", "offset": [72, 96]}, {"key": "issued-by", "type": "definition", "offset": [98, 107]}, {"key": "escrow-company", "type": "clause", "offset": [108, 122]}, {"key": "title-to-the", "type": "clause", "offset": [171, 183]}, {"key": "all-documents", "type": "definition", "offset": [247, 260]}, {"key": "exceptions-to-title", "type": "clause", "offset": [276, 295]}, {"key": "other-items", "type": "clause", "offset": [327, 338]}, {"key": "requested-by", "type": "clause", "offset": [360, 372]}], "size": 1, "samples": [{"hash": "8NDySFpOGFk", "uri": "/contracts/8NDySFpOGFk#preliminary-commitment", "label": "Donation Agreement", "score": 32.4213142395, "published": true}], "snippet": "Within seven (7) days following the Effective Date, Donor shall cause a preliminary title report, issued by Escrow Company, to be delivered to Donee showing the status of title to the Donated Property, together with complete and legible copies of all documents evidencing the exceptions to title shown therein, as well as such other items as may be reasonably requested by \u2587\u2587\u2587\u2587\u2587 (collectively, the \u201cPreliminary Commitment\u201d).", "hash": "14df312b41b95bf7dea2e3b657eb54dc", "id": 9}, {"snippet_links": [{"key": "the-escrow-account", "type": "clause", "offset": [16, 34]}, {"key": "seller-will", "type": "clause", "offset": [50, 61]}, {"key": "at-seller", "type": "definition", "offset": [69, 78]}, {"key": "cost-and-expense", "type": "clause", "offset": [81, 97]}, {"key": "the-title-policy", "type": "clause", "offset": [159, 175]}, {"key": "section-32", "type": "clause", "offset": [193, 204]}, {"key": "the-property", "type": "clause", "offset": [237, 249]}, {"key": "title-company", "type": "clause", "offset": [371, 384]}, {"key": "to-issue", "type": "clause", "offset": [385, 393]}, {"key": "the-seller", "type": "clause", "offset": [428, 438]}, {"key": "deliver-to-purchaser", "type": "definition", "offset": [489, 509]}, {"key": "all-instruments", "type": "clause", "offset": [541, 556]}, {"key": "the-preliminary", "type": "clause", "offset": [572, 587]}, {"key": "exceptions-to-the", "type": "clause", "offset": [616, 633]}, {"key": "exception-documents", "type": "clause", "offset": [646, 665]}, {"key": "authorizes-and-directs", "type": "clause", "offset": [683, 705]}, {"key": "furnish-to", "type": "clause", "offset": [727, 737]}, {"key": "the-foregoing", "type": "definition", "offset": [748, 761]}], "size": 1, "samples": [{"hash": "9oSB8iXKDgQ", "uri": "/contracts/9oSB8iXKDgQ#preliminary-commitment", "label": "Real Estate Purchase and Sale Agreement", "score": 32.9222588642, "published": true}], "snippet": "Upon opening of the escrow account, \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 and Seller will order, at Seller\u2019s cost and expense, a preliminary commitment (the \u201cPreliminary Commitment\u201d) for the Title Policy, as described in Section 3.2, showing the status of title of the Property, showing all exceptions and conditions affecting the Property which would appear in the Title Policy, and committing the Title Company to issue such a Title Policy to Purchaser. The Seller will also cause the Title Company to concurrently deliver to Purchaser complete and legible copies of all instruments referred to in the Preliminary Commitment as conditions or exceptions to the title (the \u201cException Documents\u201d). Seller hereby authorizes and directs the Title Company to furnish to Purchaser the foregoing items.", "hash": "23522642fc82f7bfc9f0afb6fa0d7a70", "id": 10}], "next_curs": "Cl8SWWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjsLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ih9wcmVsaW1pbmFyeS1jb21taXRtZW50IzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"children": [], "title": "Preliminary Commitment", "parents": [["title-insurance", "Title Insurance"], ["title-matters", "Title Matters"], ["title-to-property", "Title to Property"], ["title-to-real-property", "Title to Real Property"], ["title-to-the-property", "Title to the Property"]], "size": 25, "id": "preliminary-commitment", "related": [["staff-commitment", "STAFF COMMITMENT", "STAFF COMMITMENT"], ["the-commitment", "The Commitment", "The Commitment"], ["commitment", "Commitment", "Commitment"], ["loan-commitment", "Loan Commitment", "Loan Commitment"], ["l-c-commitment", "L/C Commitment", "L/C Commitment"]], "related_snippets": [], "updated": "2025-07-24T04:27:57+00:00", "also_ask": ["What are the minimum elements required for a Preliminary Commitment to be enforceable?", "How can parties strategically limit or expand obligations in a Preliminary Commitment?", "What are the most common risks or pitfalls that could render a Preliminary Commitment unenforceable?", "How does a Preliminary Commitment differ from a binding agreement or letter of intent in key jurisdictions?", "What factors do courts consider when determining if a Preliminary Commitment creates binding obligations?"], "drafting_tip": "Specify the parties' obligations, clarify the binding nature, and set timeframes to prevent misunderstandings and ensure enforceability.", "explanation": "A Preliminary Commitment clause establishes an initial, non-binding agreement between parties to outline their intentions and key terms before entering into a formal contract. This clause typically sets out the basic framework for negotiations, such as confidentiality, exclusivity, or timelines, and may specify which provisions are binding and which are not. Its core practical function is to provide a structured starting point for discussions, ensuring both parties are aligned on fundamental issues while reserving the right to withdraw before a final agreement is reached."}, "json": true, "cursor": ""}}