{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "receipt-by-purchaser", "type": "clause", "offset": [26, 46]}, {"key": "copy-of-this-agreement", "type": "clause", "offset": [67, 89]}, {"key": "chicago-title-insurance-company", "type": "clause", "offset": [118, 149]}, {"key": "title-company", "type": "definition", "offset": [176, 189]}, {"key": "a-commitment", "type": "definition", "offset": [192, 204]}, {"key": "an-owner", "type": "clause", "offset": [234, 242]}, {"key": "policy-of-title-insurance", "type": "definition", "offset": [245, 270]}, {"key": "form-t-1", "type": "clause", "offset": [272, 280]}, {"key": "a-copy-of", "type": "clause", "offset": [287, 296]}, {"key": "documents-referred-to", "type": "clause", "offset": [310, 331]}, {"key": "the-title-commitment", "type": "clause", "offset": [335, 355]}, {"key": "title-to-the-property", "type": "clause", "offset": [373, 394]}, {"key": "title-documents", "type": "definition", "offset": [401, 416]}, {"key": "prior-to-the-effective-date", "type": "clause", "offset": [452, 479]}, {"key": "to-purchaser", "type": "definition", "offset": [502, 514]}, {"key": "alta-survey", "type": "clause", "offset": [518, 529]}, {"key": "real-property-and-improvements", "type": "clause", "offset": [537, 567]}, {"key": "existing-survey", "type": "clause", "offset": [625, 640]}, {"key": "the-right", "type": "clause", "offset": [665, 674]}, {"key": "cost-and-expense", "type": "clause", "offset": [688, 704]}, {"key": "current-survey", "type": "definition", "offset": [718, 732]}, {"key": "in-accordance-with", "type": "definition", "offset": [819, 837]}, {"key": "minimum-standard", "type": "definition", "offset": [842, 858]}, {"key": "detail-requirements", "type": "clause", "offset": [859, 878]}, {"key": "and-classifications", "type": "clause", "offset": [879, 898]}, {"key": "title-surveys", "type": "clause", "offset": [918, 931]}], "size": 4, "snippet": "(a) Concurrently with the receipt by Purchaser of a fully executed copy of this Agreement, Purchaser shall order from Chicago Title Insurance Company, Attn: \u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 (\u201cTitle Company\u201d) a commitment (the \u201cTitle Commitment\u201d) for an Owner\u2019s Policy of Title Insurance (Form T-1), and a copy of all recorded documents referred to in the Title Commitment as exceptions to title to the Property (the \u201cTitle Documents\u201d).\n(b) Purchaser acknowledges that prior to the Effective Date, Seller has delivered to Purchaser an ALTA survey of the Real Property and Improvements made by \u2587\u2587\u2587\u2587\u2587\u2587 and Associates dated March 26, 1992 (the \u201cExisting Survey\u201d). Purchaser shall have the right, at its sole cost and expense, to obtain a current survey of the Real Property and Improvements or to update the Existing Survey (the \u201cSurvey\u201d) in accordance with the Minimum Standard Detail Requirements and Classifications for ALTA/ACSM Land Title Surveys published in 2005.", "samples": [{"hash": "lAh0JIUhHS8", "uri": "/contracts/lAh0JIUhHS8#title-commitment-survey", "label": "Purchase and Sale Agreement (Corporate Realty Income Fund I L P)", "score": 19.0, "published": true}], "hash": "4e26979c130767c663628688c19c76c2", "id": 5}, {"snippet_links": [{"key": "after-the-effective-date", "type": "clause", "offset": [9, 33]}, {"key": "the-company-shall", "type": "clause", "offset": [34, 51]}, {"key": "title-commitment", "type": "clause", "offset": [81, 97]}, {"key": "title-company", "type": "definition", "offset": [107, 120]}, {"key": "documents-referred-to", "type": "clause", "offset": [154, 175]}, {"key": "an-owner", "type": "clause", "offset": [217, 225]}, {"key": "policy-of-title-insurance", "type": "definition", "offset": [228, 253]}, {"key": "in-all-material-respects", "type": "definition", "offset": [288, 312]}, {"key": "the-requirements", "type": "clause", "offset": [321, 337]}, {"key": "survey-of-the-property", "type": "clause", "offset": [440, 462]}, {"key": "the-improvements", "type": "clause", "offset": [474, 490]}, {"key": "prepared-by", "type": "definition", "offset": [504, 515]}, {"key": "licensed-surveyor", "type": "clause", "offset": [518, 535]}, {"key": "form-of", "type": "definition", "offset": [680, 687]}, {"key": "the-commitment", "type": "clause", "offset": [789, 803]}, {"key": "to-owner", "type": "definition", "offset": [842, 850]}, {"key": "delivery-of-the", "type": "clause", "offset": [891, 906]}, {"key": "commitment-to-the-company", "type": "clause", "offset": [907, 932]}, {"key": "the-surveyor", "type": "clause", "offset": [952, 964]}, {"key": "a-copy-of-the", "type": "clause", "offset": [997, 1010]}], "size": 3, "snippet": "Promptly after the Effective Date the Company shall obtain at its expense: (i) a title commitment from the Title Company, together with legible copies of documents referred to in such commitment (a \"COMMITMENT\"), for an owner's policy of title insurance covering the Property which shall in all material respects satisfy the requirements, and include the endorsements, set forth in Exhibit 4.2.1 attached hereto, and (ii) a current plat of survey of the Property, including the Improvements (a \"SURVEY\") prepared by a licensed surveyor, which shall be certified to the Company, the Company's assignee (if any), and the Title Company by means of a certificate substantially in the form of Exhibit 4.2.2 attached hereto. The Company shall (i) instruct the Title Company to deliver copies of the Commitment (and all title continuations thereof) to Owner and its attorneys concurrently with the delivery of the Commitment to the Company, and (ii) instruct the surveyor preparing the Survey to deliver a copy of the Survey to each of Owner and its attorneys concurrently with its delivery thereof to the Company.", "samples": [{"hash": "lvraZKifJEp", "uri": "/contracts/lvraZKifJEp#title-commitment-survey", "label": "Purchase Agreement", "score": 20.3408622742, "published": false}, {"hash": "3nTxVm11zcv", "uri": "/contracts/3nTxVm11zcv#title-commitment-survey", "label": "Purchase Agreement (Gladstone Commercial Corp)", "score": 18.0, "published": true}, {"hash": "2gtdDhGuIYL", "uri": "/contracts/2gtdDhGuIYL#title-commitment-survey", "label": "Purchase Agreement (Gladstone Commercial Corp)", "score": 18.0, "published": true}], "hash": "c4266dee9c9d7947fdbfa17bd0d89245", "id": 7}, {"snippet_links": [{"key": "calendar-days", "type": "definition", "offset": [16, 29]}, {"key": "following-the-effective-date", "type": "clause", "offset": [30, 58]}, {"key": "seller-shall", "type": "clause", "offset": [60, 72]}, {"key": "to-be-delivered-to-buyer", "type": "clause", "offset": [79, 103]}, {"key": "form-b", "type": "clause", "offset": [117, 123]}, {"key": "title-insurance-commitment", "type": "definition", "offset": [124, 150]}, {"key": "title-to-the-property", "type": "clause", "offset": [270, 291]}, {"key": "purchase-price-for", "type": "clause", "offset": [330, 348]}, {"key": "an-owner", "type": "clause", "offset": [349, 357]}, {"key": "title-insurance-policy", "type": "definition", "offset": [360, 382]}, {"key": "title-insurer", "type": "clause", "offset": [423, 436]}, {"key": "issued-by", "type": "definition", "offset": [441, 450]}, {"key": "title-agent", "type": "definition", "offset": [455, 466]}, {"key": "the-most-current", "type": "definition", "offset": [508, 524]}, {"key": "existing-survey", "type": "clause", "offset": [525, 540]}, {"key": "buyer-may", "type": "definition", "offset": [625, 634]}, {"key": "an-update-of-the", "type": "clause", "offset": [659, 675]}, {"key": "at-buyer", "type": "definition", "offset": [693, 701]}, {"key": "cost-and-expense", "type": "clause", "offset": [709, 725]}, {"key": "updated-survey", "type": "definition", "offset": [732, 746]}, {"key": "title-to-the-real-property", "type": "clause", "offset": [761, 787]}, {"key": "by-seller-to-buyer", "type": "clause", "offset": [806, 824]}, {"key": "subject-only", "type": "definition", "offset": [825, 837]}, {"key": "exceptions-to-title", "type": "clause", "offset": [855, 874]}, {"key": "permitted-title-exceptions", "type": "definition", "offset": [895, 921]}, {"key": "personal-property-taxes-and-assessments", "type": "clause", "offset": [978, 1017]}, {"key": "exclusions-from-coverage", "type": "clause", "offset": [1053, 1077]}, {"key": "alta-extended-coverage-policy", "type": "definition", "offset": [1086, 1115]}, {"key": "by-buyer", "type": "clause", "offset": [1150, 1158]}, {"key": "the-title-commitment", "type": "clause", "offset": [1189, 1209]}, {"key": "the-survey", "type": "clause", "offset": [1214, 1224]}, {"key": "approved-by", "type": "definition", "offset": [1234, 1245]}, {"key": "in-accordance-with", "type": "definition", "offset": [1252, 1270]}, {"key": "the-procedures", "type": "definition", "offset": [1271, 1285]}, {"key": "time-periods", "type": "definition", "offset": [1301, 1313]}, {"key": "new-matters", "type": "definition", "offset": [1358, 1369]}, {"key": "pursuant-to-section", "type": "clause", "offset": [1388, 1407]}], "size": 4, "snippet": "Within five (5) Calendar Days following the Effective Date, Seller shall cause to be delivered to Buyer: (i) an ALTA Form B title insurance commitment with Extended Coverage (ALTA Form 2006), or its state equivalent, showing indefeasible, good and marketable fee simple title to the Property vested in Seller in the amount of the Purchase Price for an owner\u2019s title insurance policy (the \u201cTitle Commitment\u201d) written on the Title Insurer and issued by the Title Agent; and (ii) Seller has previously provided the most current existing survey of the Real Property in Seller\u2019s possession and/or control (the \u201cExisting Survey\u201d). Buyer may, at its option, procure an update of the Existing Survey, at Buyer\u2019s sole cost and expense (the \u201cUpdated Survey\u201d). Fee simple title to the Real Property shall be conveyed by Seller to Buyer subject only to the following exceptions to title (collectively, the \u201cPermitted Title Exceptions\u201d):\n(1) The West Broad Loan;\n(2) Non-delinquent real and personal property taxes and assessments.\n(3) The exclusions listed in the \u201cExclusions from Coverage\u201d of the ALTA Extended Coverage Policy;\n(4) Any lien voluntarily imposed by Buyer.\n(5) Any matters set forth in the Title Commitment and the Survey that are approved by Buyer in accordance with the procedures and within the time periods set forth in Section 4.1(e) hereof.\n(6) All New Matters approved by Buyer pursuant to Section 5.1(j) hereof.", "samples": [{"hash": "4pIfrJHwD0y", "uri": "/contracts/4pIfrJHwD0y#title-commitment-survey", "label": "Purchase and Sale Agreement (Excel Trust, Inc.)", "score": 23.798084259, "published": true}], "hash": "eccb90822d2ce06180e29701557a86bd", "id": 4}, {"snippet_links": [{"key": "seller-shall", "type": "clause", "offset": [4, 16]}, {"key": "title-commitment-no", "type": "clause", "offset": [61, 80]}, {"key": "copies-of-all", "type": "clause", "offset": [123, 136]}, {"key": "documents-referred-to", "type": "clause", "offset": [153, 174]}, {"key": "existing-survey", "type": "clause", "offset": [289, 304]}, {"key": "current-date", "type": "definition", "offset": [310, 322]}, {"key": "at-closing", "type": "clause", "offset": [420, 430]}, {"key": "to-be-updated", "type": "clause", "offset": [475, 488]}, {"key": "cost-and-expense", "type": "clause", "offset": [537, 553]}, {"key": "arrange-for", "type": "clause", "offset": [555, 566]}, {"key": "preparation-of", "type": "clause", "offset": [571, 585]}, {"key": "upon-receipt-of", "type": "definition", "offset": [652, 667]}, {"key": "updated-version", "type": "definition", "offset": [688, 703]}, {"key": "a-copy-of", "type": "clause", "offset": [762, 771]}, {"key": "the-permitted-exceptions", "type": "clause", "offset": [938, 962]}, {"key": "objection-date", "type": "definition", "offset": [999, 1013]}, {"key": "agrees-to", "type": "clause", "offset": [1316, 1325]}, {"key": "execute-and-deliver", "type": "clause", "offset": [1364, 1383]}, {"key": "removal-of", "type": "definition", "offset": [1423, 1433]}, {"key": "august-18", "type": "definition", "offset": [1496, 1505]}, {"key": "notice-to-purchaser", "type": "clause", "offset": [1521, 1540]}, {"key": "title-insurer", "type": "clause", "offset": [1678, 1691]}, {"key": "seller-to-deliver", "type": "clause", "offset": [1705, 1722]}, {"key": "an-election", "type": "clause", "offset": [1775, 1786]}, {"key": "prior-to-the", "type": "clause", "offset": [1991, 2003]}, {"key": "expiration-of-the-due-diligence-period", "type": "definition", "offset": [2004, 2042]}, {"key": "the-option", "type": "clause", "offset": [2049, 2059]}, {"key": "sole-and-exclusive-remedy", "type": "clause", "offset": [2068, 2093]}, {"key": "terminate-this-agreement", "type": "clause", "offset": [2160, 2184]}, {"key": "notice-to-seller", "type": "clause", "offset": [2196, 2212]}, {"key": "the-e", "type": "clause", "offset": [2320, 2325]}, {"key": "neither-party-shall", "type": "clause", "offset": [2374, 2393]}, {"key": "obligations-under-this-agreement", "type": "clause", "offset": [2421, 2453]}, {"key": "termination-of-this-agreement", "type": "clause", "offset": [2491, 2520]}, {"key": "title-to-the-property", "type": "clause", "offset": [2628, 2649]}, {"key": "subject-to", "type": "definition", "offset": [2650, 2660]}, {"key": "the-closing-date", "type": "clause", "offset": [2818, 2834]}, {"key": "in-writing", "type": "definition", "offset": [2864, 2874]}, {"key": "gap-notice", "type": "definition", "offset": [2881, 2891]}, {"key": "exceptions-to-title", "type": "clause", "offset": [2911, 2930]}, {"key": "received-by-purchaser", "type": "clause", "offset": [3001, 3022]}, {"key": "after-receiving", "type": "clause", "offset": [3154, 3169]}, {"key": "title-company", "type": "definition", "offset": [3190, 3203]}, {"key": "purchaser-and-seller", "type": "clause", "offset": [3276, 3296]}, {"key": "rights-and-obligations", "type": "definition", "offset": [3317, 3339]}, {"key": "with-respect-to", "type": "clause", "offset": [3340, 3355]}, {"key": "respond-to", "type": "clause", "offset": [3547, 3557]}, {"key": "business-days-thereafter", "type": "clause", "offset": [3606, 3630]}, {"key": "to-waive-any", "type": "clause", "offset": [3647, 3659]}, {"key": "in-accordance-with", "type": "definition", "offset": [3707, 3725]}, {"key": "the-provisions-of", "type": "clause", "offset": [3726, 3743]}], "size": 7, "snippet": "(a) Seller shall cause to be delivered to Purchaser: (i) the Title Commitment no later than August 5, 2006; (ii) available copies of all title exception documents referred to in the Title Commitment no later than August 5, 2006; and (iii) an ALTA form update of and recertification of the Existing Survey to a current date, which update and recertification shall be delivered to Purchaser no later than August 10, 2006. At Closing, Purchaser shall cause the Title Commitment to be updated. Purchaser may, if it so elects and at its sole cost and expense, arrange for the preparation of a revised, updated or recertified version of the Existing Survey. Upon receipt of any such revised or updated version, of the Existing Survey, Purchaser shall promptly deliver a copy of same to Seller.\n(b) If the Title Commitment (or any update thereto) or Existing Survey (or any update or revision thereto) discloses exceptions or matters other than the Permitted Exceptions, then on or before August 15, 2006 \u201cObjection Date\u201d), Purchaser shall notify Seller of any such exceptions or matters to which it objects. Any such exceptions or matters not objected to by Purchaser as aforesaid shall become \u201cPermitted Exceptions\u201d. If Purchaser timely objects to any such exceptions or matters (which Purchaser may do only if Purchaser agrees to cooperate and cause C-H Associates to execute and deliver such documents as are necessary to the removal of such exceptions and matters), then Seller shall, on or before August 18, 2006, deliver notice to Purchaser indicating whether Seller shall cause the removal of such exceptions or matters (which removal may be by way of waiver or endorsement by Title Insurer). Failure by Seller to deliver notice on or before such date shall be deemed to be an election by Seller not to cause the removal of such exceptions or matters. If Seller elects (or is deemed to have elected) not to cause the removal of any such exceptions or matters as aforesaid, Purchaser shall, prior to the expiration of the Due Diligence Period, have the option, as its sole and exclusive remedy, to either (a) waive the unsatisfied objections and close, or (b) terminate this Agreement by written notice to Seller given prior to the expiration of the Due Diligence Period. If Purchaser so terminates this Agreement, then the E\u2587\u2587\u2587\u2587\u2587\u2587 Money shall be returned to Purchaser, and neither party shall have any further rights or obligations under this Agreement except those which expressly survive termination of this Agreement. If Purchaser does not so terminate this Agreement, then Purchaser shall consummate the Closing and accept title to the Property subject to all such exceptions and matters (in which event, all such exceptions and matters shall be deemed \u201cPermitted Exceptions\u201d).\n(c) Between the Objection Date and the Closing Date, Purchaser may notify Seller in writing (the \u201cGap Notice\u201d) of objections to exceptions to title that were not disclosed by the Title Commitment (or an update thereto received by Purchaser prior to the Objection Date); provided, however, Purchaser must notify Seller of each such objection within five (5) Business Days after receiving written notice from Title Company of the existence of same. If Purchaser delivers a Gap Notice to Seller, Purchaser and Seller shall have the same rights and obligations with respect to the objections contained within the Gap Notice as with respect to the objections made, if any, prior to the Objection Date; provided, however, that Seller shall have two (2) Business Days to respond to any Gap Notice and Purchaser shall have two (2) Business Days thereafter to elect either to waive any unsatisfied objection and close, or terminate, in accordance with the provisions of subsection 4.2(b) above, with the Closing Date being extended as necessary to accommodate such response periods.", "samples": [{"hash": "9tYuIUqBtw0", "uri": "/contracts/9tYuIUqBtw0#title-commitment-survey", "label": "Purchase and Sale Agreement (Cousins Properties Inc)", "score": 21.0, "published": true}], "hash": "18273d0facdc8d518e7bf6fc2a71e636", "id": 1}, {"snippet_links": [{"key": "days-after", "type": "definition", "offset": [21, 31]}, {"key": "this-agreement", "type": "clause", "offset": [41, 55]}, {"key": "signed-by-both-parties", "type": "clause", "offset": [59, 81]}, {"key": "seller-shall", "type": "clause", "offset": [83, 95]}, {"key": "at-seller", "type": "definition", "offset": [144, 153]}, {"key": "a-commitment", "type": "definition", "offset": [162, 174]}, {"key": "title-insurance-policy", "type": "definition", "offset": [195, 217]}, {"key": "title-company", "type": "definition", "offset": [237, 250]}, {"key": "amount-of-the-purchase-price", "type": "clause", "offset": [264, 292]}, {"key": "all-documents", "type": "definition", "offset": [305, 318]}, {"key": "responsible-to", "type": "clause", "offset": [411, 425]}, {"key": "associated-cost", "type": "definition", "offset": [445, 460]}, {"key": "title-insurance-endorsements", "type": "clause", "offset": [469, 497]}, {"key": "in-addition", "type": "clause", "offset": [538, 549]}, {"key": "day-period", "type": "definition", "offset": [573, 583]}, {"key": "to-provide", "type": "definition", "offset": [599, 609]}, {"key": "a-copy-of", "type": "clause", "offset": [629, 638]}, {"key": "survey-of-the-property", "type": "clause", "offset": [643, 665]}, {"key": "currently-in", "type": "definition", "offset": [666, 678]}, {"key": "at-any-time", "type": "clause", "offset": [758, 769]}, {"key": "at-purchaser", "type": "definition", "offset": [807, 819]}, {"key": "cost-and-expense", "type": "clause", "offset": [827, 843]}, {"key": "professional-surveyor", "type": "definition", "offset": [861, 882]}, {"key": "the-leases", "type": "definition", "offset": [897, 907]}, {"key": "environmental-reports", "type": "definition", "offset": [953, 974]}, {"key": "equipment-leases", "type": "definition", "offset": [1057, 1073]}, {"key": "engineering-reports", "type": "definition", "offset": [1091, 1110]}, {"key": "additional-documents", "type": "definition", "offset": [1125, 1145]}, {"key": "possession-and-control", "type": "clause", "offset": [1166, 1188]}, {"key": "relate-to", "type": "definition", "offset": [1206, 1215]}, {"key": "seller-documents", "type": "definition", "offset": [1231, 1247]}, {"key": "delivery-of", "type": "clause", "offset": [1256, 1267]}, {"key": "notice-to-purchaser", "type": "clause", "offset": [1315, 1334]}, {"key": "prior-to-closing", "type": "clause", "offset": [1382, 1398]}, {"key": "the-commitment", "type": "clause", "offset": [1400, 1414]}, {"key": "title-to-the-property", "type": "clause", "offset": [1459, 1480]}, {"key": "in-fee-simple", "type": "clause", "offset": [1482, 1495]}, {"key": "free-and-clear", "type": "definition", "offset": [1497, 1511]}, {"key": "liens-and-encumbrances", "type": "definition", "offset": [1519, 1541]}, {"key": "building-laws", "type": "definition", "offset": [1594, 1607]}, {"key": "ordinances-and-regulations", "type": "clause", "offset": [1609, 1635]}, {"key": "streets-and-highways", "type": "clause", "offset": [1648, 1668]}, {"key": "building-setback-lines", "type": "clause", "offset": [1676, 1698]}, {"key": "and-covenants", "type": "clause", "offset": [1714, 1727]}, {"key": "of-record", "type": "definition", "offset": [1769, 1778]}, {"key": "the-lien", "type": "clause", "offset": [1785, 1793]}, {"key": "real-estate-taxes", "type": "definition", "offset": [1797, 1814]}, {"key": "due-and-payable", "type": "clause", "offset": [1834, 1849]}, {"key": "certain-leases", "type": "clause", "offset": [1861, 1875]}, {"key": "with-respect-to", "type": "clause", "offset": [1876, 1891]}, {"key": "as-landlord", "type": "definition", "offset": [1921, 1932]}, {"key": "physical-inspection-of-the-property", "type": "clause", "offset": [2006, 2041]}, {"key": "created-by", "type": "definition", "offset": [2070, 2080]}, {"key": "with-consent", "type": "clause", "offset": [2114, 2126]}, {"key": "permitted-exceptions", "type": "clause", "offset": [2157, 2177]}, {"key": "after-closing", "type": "clause", "offset": [2221, 2234]}, {"key": "an-owner", "type": "clause", "offset": [2236, 2244]}, {"key": "release-of", "type": "clause", "offset": [2320, 2330]}, {"key": "mortgage-liens", "type": "definition", "offset": [2335, 2349]}], "size": 5, "snippet": "(a) Within seven (7) days after the date this Agreement is signed by both Parties, Seller shall order and request to be furnished to Purchaser, at Seller\u2019s cost, a commitment for an ALTA Owner\u2019s Title Insurance Policy issued through the Title Company for the full amount of the Purchase Price, along with all documents listed as exceptions therein (the \u201cCommitment\u201d); provided, however, that Purchaser shall be responsible to obtain and pay the associated cost for any title insurance endorsements or lender\u2019s policy that it may require. In addition, during such seven (7) day period, Seller agrees to provide Purchaser with (i) a copy of any survey of the Property currently in Seller\u2019s possession and/or control, if any, and to permit Purchaser to obtain (at any time) a survey of the Property (\u201cSurvey\u201d) at Purchaser\u2019s sole cost and expense, from a licensed professional surveyor, (ii) copy of the Leases, together with any amendments thereto, (iii) environmental reports (if any) currently in Seller\u2019s possession and/or control, (iv) permits, licenses, equipment leases, warranties, (v) engineering reports, and (vi) any additional documents in Seller\u2019s current possession and control which materially relate to the Property (\u201cSeller Documents\u201d). Upon delivery of all Seller Documents, \u2587\u2587\u2587\u2587\u2587\u2587 agrees to provide notice to Purchaser confirming that such delivery is complete.\n(b) Prior to Closing, the Commitment shall show in Seller, good and merchantable title to the Property, in fee simple, free and clear of all liens and encumbrances other than the following exceptions: (i) zoning and building laws, ordinances and regulations; (ii) legal streets and highways; (iii) building setback lines, rights-of-way and covenants, restrictions, conditions, and easements of record; (iv) the lien of real estate taxes which are not then due and payable; (v) those certain Leases with respect to the Property between Seller, as landlord; (vi) matters as would be disclosed by a current and accurate survey and physical inspection of the Property, and (vii) any encumbrances created by or existing due to actions of or with consent Purchaser (collectively, the \u201cPermitted Exceptions\u201d). At or as soon as reasonably practicable after Closing, an owner\u2019s title insurance policy in conformance with the Commitment indicating the release of all mortgage liens, if any, shall be provided to Purchaser at Seller\u2019s cost.", "samples": [{"hash": "UO8CO1fVv", "uri": "/contracts/UO8CO1fVv#title-commitment-survey", "label": "Real Estate Purchase Agreement", "score": 32.9414138794, "published": true}, {"hash": "gkw0honlIJW", "uri": "/contracts/gkw0honlIJW#title-commitment-survey", "label": "Real Estate Purchase Agreement", "score": 32.9353027344, "published": true}], "hash": "b644d2994d153ed83d3f8d46af152204", "id": 2}, {"snippet_links": [{"key": "section-81", "type": "clause", "offset": [33, 44]}, {"key": "title-exceptions", "type": "definition", "offset": [69, 85]}, {"key": "the-title-commitment", "type": "clause", "offset": [111, 131]}, {"key": "the-survey", "type": "clause", "offset": [139, 149]}, {"key": "updated-survey", "type": "definition", "offset": [157, 171]}, {"key": "permitted-exceptions", "type": "clause", "offset": [188, 208]}, {"key": "responsible-for", "type": "clause", "offset": [226, 241]}, {"key": "updated-title-commitments", "type": "definition", "offset": [256, 281]}, {"key": "related-matters", "type": "clause", "offset": [311, 326]}, {"key": "with-respect-to", "type": "clause", "offset": [341, 356]}, {"key": "the-property", "type": "clause", "offset": [357, 369]}], "size": 4, "snippet": "Except as expressly set forth in Section 8.1 and Section 8.3(a), all title exceptions and matters set forth in the Title Commitment and on the Survey or any Updated Survey shall be deemed Permitted Exceptions. Buyer is solely responsible for obtaining any updated title commitments, surveys, or any other title related matters Buyer desires with respect to the Property.", "samples": [{"hash": "gg7Qouj5t90", "uri": "/contracts/gg7Qouj5t90#title-commitment-survey", "label": "Purchase and Sale Agreement", "score": 31.3408622742, "published": true}, {"hash": "4lM6FkAzjA7", "uri": "/contracts/4lM6FkAzjA7#title-commitment-survey", "label": "Purchase and Sale Agreement (Resource Real Estate Opportunity REIT II, Inc.)", "score": 26.1553726196, "published": true}], "hash": "47970ea539ccbc24c2ad1ec569a9387b", "id": 3}, {"snippet_links": [{"key": "the-buyer", "type": "clause", "offset": [0, 9]}, {"key": "the-title-commitment", "type": "clause", "offset": [46, 66]}, {"key": "existing-survey", "type": "clause", "offset": [75, 90]}], "size": 3, "snippet": "The Buyer has received and reviewed a copy of the Title Commitment and the Existing Survey.", "samples": [{"hash": "gi7v7f5zNoe", "uri": "/contracts/gi7v7f5zNoe#title-commitment-survey", "label": "Purchase and Sale Agreement (Interstate Hotels & Resorts Inc)", "score": 21.0, "published": true}, {"hash": "eJdrqAF1fvX", "uri": "/contracts/eJdrqAF1fvX#title-commitment-survey", "label": "Purchase and Sale Agreement (Interstate Hotels & Resorts Inc)", "score": 21.0, "published": true}, {"hash": "9eLf2Guvtxt", "uri": "/contracts/9eLf2Guvtxt#title-commitment-survey", "label": "Purchase and Sale Agreement (Interstate Hotels & Resorts Inc)", "score": 21.0, "published": true}], "hash": "8b8c9ad89898c88c375a5568a34f621c", "id": 6}, {"snippet_links": [{"key": "seller-will", "type": "clause", "offset": [0, 11]}, {"key": "deliver-to-purchaser", "type": "definition", "offset": [22, 42]}, {"key": "upon-receipt", "type": "clause", "offset": [43, 55]}, {"key": "a-commitment", "type": "definition", "offset": [56, 68]}, {"key": "issued-by", "type": "definition", "offset": [69, 78]}, {"key": "chicago-title-insurance-company", "type": "clause", "offset": [79, 110]}, {"key": "title-company", "type": "definition", "offset": [117, 130]}, {"key": "to-insure", "type": "clause", "offset": [145, 154]}, {"key": "the-real-estate", "type": "definition", "offset": [164, 179]}, {"key": "name-of-purchaser", "type": "clause", "offset": [187, 204]}, {"key": "title-commitment", "type": "clause", "offset": [211, 227]}, {"key": "survey-no", "type": "clause", "offset": [268, 277]}, {"key": "more-than-six-months", "type": "clause", "offset": [278, 298]}, {"key": "existing-survey", "type": "clause", "offset": [378, 393]}], "size": 3, "snippet": "Seller will order and deliver to Purchaser upon receipt a commitment issued by Chicago Title Insurance Company (the \"Title Company\") (ALTA 1992) to insure title to the Real Estate in the name of Purchaser (the \"Title Commitment\"), and Seller will deliver an Alta form survey no more than six months old to purchaser certified to purchaser tile company and purchasers lender its existing survey (\u201cSurvey\u201d).", "samples": [{"hash": "kOG8N8KtBDy", "uri": "/contracts/kOG8N8KtBDy#title-commitment-survey", "label": "Purchase and Sale Agreement (M Wave Inc)", "score": 19.0, "published": true}, {"hash": "gyDyGdY4GPL", "uri": "/contracts/gyDyGdY4GPL#title-commitment-survey", "label": "Purchase and Sale Agreement (M Wave Inc)", "score": 19.0, "published": true}], "hash": "c2ac5d90046cf47f8d9de767bf4a85bf", "id": 8}, {"snippet_links": [{"key": "prior-to-the-effective-date", "type": "clause", "offset": [32, 59]}, {"key": "chicago-title-insurance-company", "type": "clause", "offset": [88, 119]}, {"key": "title-company", "type": "definition", "offset": [122, 135]}, {"key": "a-commitment", "type": "definition", "offset": [138, 150]}, {"key": "an-owner", "type": "clause", "offset": [180, 188]}, {"key": "policy-of-title-insurance", "type": "definition", "offset": [191, 216]}, {"key": "form-t-1", "type": "clause", "offset": [218, 226]}, {"key": "a-copy-of", "type": "clause", "offset": 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Purchaser shall have the right, at its sole cost and expense, to obtain a current survey of the Real Property and Improvements or to update the Existing Survey (the \u201cSurvey\u201d) in accordance with the Minimum Standard Detail Requirements and Classifications for ALTA/ACSM Land Title Surveys published in 2005.", "samples": [{"hash": "l3TnlkVKhFJ", "uri": "/contracts/l3TnlkVKhFJ#title-commitment-survey", "label": "Purchase and Sale Agreement (Corporate Realty Income Fund I L P)", "score": 19.0, "published": true}], "hash": "d6958459a303d524c6217b7af47d7977", "id": 9}, {"snippet_links": [{"key": "the-title-commitment", "type": "clause", "offset": [42, 62]}, {"key": "existing-survey", "type": "clause", "offset": [71, 86]}, {"key": "title-exceptions", "type": "definition", "offset": [144, 160]}, {"key": "permitted-exceptions", "type": "clause", "offset": [250, 270]}, {"key": "by-buyer", "type": "clause", "offset": [295, 303]}], "size": 2, "snippet": "Buyer has received and reviewed a copy of the Title Commitment and the Existing Survey. Except as expressly set forth in subsection 8.3(a), all title exceptions and matters set forth in the Title Commitment and on the Existing Survey shall be deemed Permitted Exceptions and are hereby approved by Buyer.", "samples": [{"hash": "8hk5k7Uulxy", "uri": "/contracts/8hk5k7Uulxy#title-commitment-survey", "label": "Purchase and Sale Agreement (Strategic Hotels & Resorts, Inc)", "score": 21.0, "published": true}], "hash": "0f30a850d5ce59743aa6af6c74bf8895", "id": 10}], "next_curs": "CmASWmoVc35sYXdpbnNpZGVyY29udHJhY3RzcjwLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IiB0aXRsZS1jb21taXRtZW50LXN1cnZleSMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"size": 71, "parents": [["title-and-permitted-exceptions", "Title and Permitted Exceptions"], ["title", "Title"], ["title-inspection-financing-estoppels", "Title Inspection Financing Estoppels"], ["investigation-period-voluntary-termination-title", "Investigation Period Voluntary Termination Title"], ["investigation-period", "Investigation Period"]], "title": "Title Commitment; Survey", "children": [["cure-of-defects", "Cure of Defects"], ["review-of-title-commitment-and-survey", "Review of Title Commitment and Survey"], ["survey", "Survey"], ["environmental-covenants", "ENVIRONMENTAL COVENANTS"], ["title", "Title"]], "id": "title-commitment-survey", "related": [["title-commitment", "Title Commitment", "Title Commitment"], ["title-commitment-and-survey", "Title Commitment and Survey", "Title Commitment and Survey"], ["title-commitments", "Title Commitments", "Title Commitments"], ["eu-survey", "EU SURVEY", "EU SURVEY"], ["title-policy-and-survey", "Title Policy and Survey", "Title Policy and Survey"]], "related_snippets": [], "updated": "2025-11-14T05:31:25+00:00"}, "json": true, "cursor": ""}}