Title Agent. The Buyer is entitled to legal representation at the closing and may elect to have such representation at Buyers own expense. Buyer and any ▇▇▇▇▇’s Lender/ Title Company/ Attorney if applicable, agrees to cooperate with Seller’s Title/ Closing Company at no extra expense to the Seller. It is ▇▇▇▇▇▇’s intent to deliver an Owners Title Insurance Policy in lieu of an abstract in the customary states. The Buyer hereby accepts the Owners Title Insurance Policy in lieu of an abstract, if applicable. The seller agrees to pay the premium for an Owners Policy only if the policy is issued by ▇▇▇▇▇▇’s selected Title/Closing Company or their title insurance agent. Seller shall pay its own title examination fee to Seller’s Title/Closing Company, as well as a standard base Owners Policy of title insurance premium based upon the sales price, supplied to the Buyer by Seller and Seller shall also select the title agent issuing same. Unless otherwise specified by Buyer, all closing transactions will be conducted by Seller’s Title/ Closing Company at a time and location selected by Seller or Seller’s Title/Closing Company. Buyer shall pay their share of all customary closing fees and title fees to the Settlement and Closing /Title agent. If Seller permits in writing, Buyer or ▇▇▇▇▇’s Lender/Title Company/Attorney if applicable, to use a non Seller selected Closing Agent/ Title company or Attorney if applicable, then all closing transaction and title fees of both the Buyer and Seller will still be the buyers responsibility to pay on the HUD closing statement at the time of closing, which include all Seller fees charged by Seller’s Attorney, Seller’s Title Company, and Seller’s Closing Company
Appears in 1 contract
Sources: Real Estate Purchase Agreement
Title Agent. The Buyer is entitled to legal representation at the closing and may elect to have such representation at Buyers own expense. Buyer and any ▇▇▇▇▇Buyer’s Lender/ Title Company/ Attorney if applicable, agrees to cooperate with Seller▇▇▇▇▇▇’s Title/ Closing Company at no extra expense to the Seller. It is ▇▇▇▇▇▇’s intent to deliver an Owners Title Insurance Policy in lieu of an abstract in the customary states. The Buyer hereby accepts the Owners Title Insurance Policy in lieu of an abstract, if applicable. The seller agrees to pay the premium for an Owners Policy only if the policy is issued by ▇▇▇▇▇▇’s selected Title/Closing Company or their title insurance agent. Seller shall pay its own title examination fee to Seller’s Title/Closing Company, as well as a standard base Owners Policy of title insurance premium based upon the sales price, supplied to the Buyer by Seller and Seller shall also select the title agent issuing same. Unless otherwise specified by Buyer, all closing transactions will be conducted by Seller’s Title/ Closing Company at a time and location selected by Seller or Seller’s Title/Closing Company. Buyer shall pay their share of all customary closing fees and title fees to the Settlement and Closing /Title agent. If Seller permits in writing, Buyer or ▇▇▇▇▇’s Lender/Title Company/Attorney if applicable, to use a non Seller selected Closing Agent/ Title company or Attorney if applicable, then all closing transaction and title fees of both the Buyer and Seller will still be the buyers responsibility to pay on the HUD closing statement at the time of closing, which include all Seller fees charged by Seller’s Attorney, Seller’s Title Company, and Seller’s Closing Company
Appears in 1 contract
Sources: Addendum to Contract