Common use of Title Advisory Clause in Contracts

Title Advisory. The Title Documents affect the title, ownership and use of the Property and should be reviewed carefully. 320 Additionally, other matters not reflected in the Title Documents may affect the title, ownership and use of the Property, including without 321 limitation, boundary lines and encroachments, area, zoning, unrecorded easements and claims of easements, leases and other unrecorded 322 agreements, and various laws and governmental regulations concerning land use, development and environmental matters. The surface estate may 323 be owned separately from the underlying mineral estate, and transfer of the surface estate does not necessarily include transfer of the 324 mineral rights or water rights. Third parties may hold interests in oil, gas, other minerals, geothermal energy or water on or under the 325 Property, which interests may give them rights to enter and use the Property. Such matters may be excluded from or not covered by the title 326 insurance policy. Xxxxx is advised to timely consult legal counsel with respect to all such matters as there are strict time limits provided in this 327 Contract [e.g., Title Objection Deadline (§ 2.3) and Off-Record Matters Objection Deadline (§ 2.3)].

Appears in 2 contracts

Samples: byownercolorado.com, www.legalwiz.com

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Title Advisory. The Title Documents affect the title, ownership and use of the Property and should be 404 reviewed carefully. 320 Additionally, other matters not reflected in the Title Documents may affect the title, ownership and use 405 of the Property, including without 321 limitation, boundary lines and encroachments, area, zoning, unrecorded easements and 406 claims of easements, leases and other unrecorded 322 agreements, and various laws and governmental regulations concerning 407 land use, development and environmental matters. The surface estate may 323 be owned separately from the underlying 408 mineral estate, and transfer of the surface estate does not necessarily include transfer of the 324 mineral rights or water 409 rights. Third parties may hold interests in oil, gas, other minerals, geothermal energy or water on or under the 325 410 Property, which interests may give them rights to enter and use the Property. Such matters may be excluded from or 411 not covered by the title 326 insurance policy. Xxxxx is advised to timely consult legal counsel with respect to all such matters as 412 there are strict time limits provided in this 327 Contract [(e.g., Title Objection Deadline ([§ 2.3) 2c.3] and Off-Record Matters 413 Objection Deadline ([§ 2.32.3c])].. 414

Appears in 1 contract

Samples: Entire Agreement

Title Advisory. The Title Documents affect the title, ownership and use of the Property and should be reviewed carefully. 320 321 Additionally, other matters not reflected in the Title Documents may affect the title, ownership and use of the Property, including without 321 322 limitation, boundary lines and encroachments, area, zoning, unrecorded easements and claims of easements, leases and other unrecorded 322 323 agreements, and various laws and governmental regulations concerning land use, development and environmental matters. The surface estate may 323 324 be owned separately from the underlying mineral estate, and transfer of the surface estate does not necessarily include transfer of the 324 325 mineral rights or water rights. Third parties may hold interests in oil, gas, other minerals, geothermal energy or water on or under the 325 326 Property, which interests may give them rights to enter and use the Property. Such matters may be excluded from or not covered by the title 326 327 insurance policy. Xxxxx is advised to timely consult legal counsel with respect to all such matters as there are strict time limits provided in this 327 328 Contract [e.g., Title Objection Deadline (§ 2.3) and Off-Record Matters Objection Deadline (§ 2.3)].

Appears in 1 contract

Samples: reiwealthprofit.com

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Title Advisory. The Title Documents affect the title, ownership and use of the Property and should be reviewed carefully. 320 294 Additionally, other matters not reflected in the Title Documents may affect the title, ownership and use of the Property, including without 321 295 limitation, boundary lines and encroachments, area, zoning, unrecorded easements and claims of easements, leases and other unrecorded 322 296 agreements, and various laws and governmental regulations concerning land use, development and environmental matters. The surface estate may 323 297 be owned separately from the underlying mineral estate, and transfer of the surface estate does not necessarily include transfer of the 324 298 mineral rights or water rights. Third parties may hold interests in oil, gas, other minerals, geothermal energy or water on or under the 325 299 Property, which interests may give them rights to enter and use the Property. Such matters may be excluded from or not covered by the title 326 300 insurance policy. Xxxxx is advised to timely consult legal counsel with respect to all such matters as there are strict time limits provided in this 327 301 Contract [e.g., Title Objection Deadline (§ 2.3) and Off-Record Matters Objection Deadline (§ 2.3)].

Appears in 1 contract

Samples: www.vaned.com

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