{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "before-closing", "type": "clause", "offset": [6, 20]}, {"key": "the-seller-shall", "type": "clause", "offset": [22, 38]}, {"key": "title-to-the-property", "type": "clause", "offset": [62, 83]}, {"key": "to-the-buyer", "type": "clause", "offset": [84, 96]}], "size": 81, "samples": [{"hash": "f0bWuC8bebH", "uri": "/contracts/f0bWuC8bebH#title-contingency", "label": "Real Estate Purchase Agreement", "score": 31.5891532898, "published": true}, {"hash": "2nZZ6DTecrO", "uri": "/contracts/2nZZ6DTecrO#title-contingency", "label": "Real Estate Purchase Agreement", "score": 29.8372383118, "published": true}, {"hash": "kR4G0S4lxXj", "uri": "/contracts/kR4G0S4lxXj#title-contingency", "label": "Real Estate Purchase Agreement", "score": 29.8153400421, "published": true}], "snippet": "On or before Closing, the seller shall convey and deliver the title to the Property to the Buyer free the Property from any and all encumbrances other than the following:", "hash": "4259923d78e1b3509081668b1f4351bf", "id": 1}, {"snippet_links": [{"key": "business-day", "type": "clause", "offset": [29, 41]}, {"key": "following-the", "type": "definition", "offset": [42, 55]}, {"key": "execution-of-this-agreement", "type": "clause", "offset": [65, 92]}, {"key": "seller-will", "type": "clause", "offset": [94, 105]}, {"key": "of-the-buyer", "type": "clause", "offset": [128, 140]}, {"key": "a-commitment", "type": "definition", "offset": [141, 153]}, {"key": "an-owner", "type": "clause", "offset": [158, 166]}, {"key": "title-insurance-policy", "type": "clause", "offset": [169, 191]}, {"key": "copies-of-all", "type": "clause", "offset": [216, 229]}, {"key": "matters-of-record", "type": "definition", "offset": [230, 247]}, {"key": "the-commitment", "type": "definition", "offset": [263, 277]}, {"key": "including-without-limitation", "type": "clause", "offset": [279, 307]}, {"key": "b-of", "type": "definition", "offset": [356, 360]}, {"key": "issued-by", "type": "definition", "offset": [417, 426]}, {"key": "title-company", "type": "definition", "offset": [431, 444]}, {"key": "after-receipt-of", "type": "clause", "offset": [486, 502]}, {"key": "other-exclusion", "type": "clause", "offset": [609, 624]}, {"key": "the-basis", "type": "clause", "offset": [741, 750]}, {"key": "standard-exclusions", "type": "clause", "offset": [756, 775]}, {"key": "title-insurance-commitments", "type": "definition", "offset": [793, 820]}, {"key": "title-matters", "type": "definition", "offset": [901, 914]}, {"key": "day-period", "type": "clause", "offset": [952, 962]}, {"key": "objection-notice", "type": "clause", "offset": [1004, 1020]}, {"key": "to-seller", "type": "clause", "offset": [1024, 1033]}, {"key": "good-faith-effort", "type": "clause", "offset": [1103, 1120]}, {"key": "provided-that", "type": "definition", "offset": [1208, 1221]}, {"key": "the-purchase-price", "type": "clause", "offset": [1290, 1308]}, {"key": "in-the-aggregate", "type": "definition", "offset": [1309, 1325]}, {"key": "provided-however", "type": "clause", "offset": [1381, 1397]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [1399, 1428]}, {"key": "equal-to", "type": "definition", "offset": [1475, 1483]}, {"key": "net-proceeds", "type": "definition", "offset": [1488, 1500]}, {"key": "sale-of-the-premises", "type": "clause", "offset": [1518, 1538]}, {"key": "release-of", "type": "clause", "offset": [1565, 1575]}, {"key": "granted-by", "type": "definition", "offset": [1613, 1623]}, {"key": "lien-or-encumbrance", "type": "definition", "offset": [1638, 1657]}, {"key": "judgment-entered", "type": "clause", "offset": [1669, 1685]}, {"key": "the-buyer-will", "type": "clause", "offset": [1702, 1716]}, {"key": "to-maintain", "type": "clause", "offset": [1748, 1759]}, {"key": "no-objection", "type": "definition", "offset": [1760, 1772]}, {"key": "not-specified", "type": "definition", "offset": [1794, 1807]}, {"key": "the-seller-is", "type": "clause", "offset": [1844, 1857]}, {"key": "delivery-by-seller-to-buyer", "type": "clause", "offset": [2009, 2036]}, {"key": "buyer-may", "type": "definition", "offset": [2150, 2159]}, {"key": "terminate-this-agreement", "type": "clause", "offset": [2169, 2193]}, {"key": "written-notice-of-termination", "type": "clause", "offset": [2204, 2233]}, {"key": "the-deposit", "type": "clause", "offset": [2255, 2266]}, {"key": "other-obligations-of-the-parties", "type": "clause", "offset": [2301, 2333]}, {"key": "null-and-void", "type": "clause", "offset": [2382, 2395]}, {"key": "of-the-seller", "type": "clause", "offset": [2554, 2567]}], "size": 11, "samples": [{"hash": "jRBCYkfJj4X", "uri": "/contracts/jRBCYkfJj4X#title-contingency", "label": "Purchase and Sale Agreement", "score": 28.2615299225, "published": true}, {"hash": "l3lHRnyQWLd", "uri": "/contracts/l3lHRnyQWLd#title-contingency", "label": "Purchase and Sale Agreement", "score": 22.1106643677, "published": true}], "snippet": "On or before the fifth (5th) business day following the Seller\u2019s execution of this Agreement, Seller will order for the benefit of the Buyer a commitment for an owner's title insurance policy, together with accurate copies of all matters of record referred to in the commitment, including without limitation those matters of record referred to in Schedule B of the commitment. The commitment will be ordered from and issued by the Title Company. Buyer will have seven (7) calendar days after receipt of the commitment and copies of all matters of record, to review the commitment and any matters of record or other exclusion or exception noted therein. Such matter(s) of record, exclusions or exceptions (except for those which are, or form the basis for, standard exclusions or exceptions in title insurance commitments and policies normally issued by the Title Company) shall be referred to as the \u201cTitle Matters\u201d. If, within such seven (7) calendar day period, Buyer delivers written notice (\"Buyer's Objection Notice \") to Seller specifying objection to any Title Matter(s), then Seller will make a good faith effort to correct or eliminate the Title Matter(s) specified in the Buyer's Objection Notice; provided that Seller will not be required to expend more than one percent (1%) of the Purchase Price in the aggregate to correct or eliminate those Title Matter(s); further provided however, notwithstanding the foregoing, Seller will be obligated to expend an amount equal to the net proceeds arising from the sale of the Premises to satisfy and obtain the release of any mortgage, lien or other interest granted by Seller or any lien or encumbrance securing a judgment entered against Seller. The Buyer will be deemed to have accepted and to maintain no objection to any Title Matters not specified in the Buyer's Objection Notice. If the Seller is unable to correct or eliminate any Title Matter specified in the Buyer\u2019s Objection Notice, then, on or before the seventh (7th) calendar day following delivery by Seller to Buyer of written notice (\"Seller's Notice\") specifying any Title Matter that Seller is unable to correct or eliminate, Buyer may elect to terminate this Agreement by giving written notice of termination to Seller, whereupon the Deposit will be refunded to Buyer and all other obligations of the parties hereunder will cease and this Agreement will be null and void. If Buyer fails to terminate this Agreement by giving written notice of termination to Seller on or before such seventh (7th) calendar day following delivery of the Seller's Notice, Buyer will be deemed to have waived any objections to any Title Matter specified in the Seller's Notice.", "hash": "108a7e87360d464e0c0ca8580f95ab42", "id": 2}, {"snippet_links": [{"key": "in-the-event", "type": "clause", "offset": [0, 12]}, {"key": "title-notice", "type": "clause", "offset": [51, 63]}, {"key": "buyer-shall", "type": "clause", "offset": [70, 81]}, {"key": "title-objections", "type": "definition", "offset": [111, 127]}, {"key": "the-title-commitment", "type": "clause", "offset": [148, 168]}, {"key": "in-accordance-with", "type": "definition", "offset": [303, 321]}, {"key": "contingency-expiration-date", "type": "definition", "offset": [406, 433]}, {"key": "terminate-this-agreement", "type": "clause", "offset": [437, 461]}, {"key": "notice-thereof", "type": "clause", "offset": [484, 498]}, {"key": "to-seller", "type": "clause", "offset": [499, 508]}, {"key": "escrow-agent", "type": "definition", "offset": [513, 525]}, {"key": "the-provisions-of", "type": "clause", "offset": [541, 558]}, {"key": "to-provide", "type": "clause", "offset": [626, 636]}, {"key": "termination-on", "type": "clause", "offset": [684, 698]}, {"key": "with-respect-to", "type": "clause", "offset": [820, 835]}], "size": 4, "samples": [{"hash": "iM0eMOqELZm", "uri": "/contracts/iM0eMOqELZm#title-contingency", "label": "Real Estate Purchase and Sale Agreement", "score": 30.3408622742, "published": true}, {"hash": "7KSEJHRJaEc", "uri": "/contracts/7KSEJHRJaEc#title-contingency", "label": "Real Estate Purchase and Sale Agreement (Steadfast Income REIT, Inc.)", "score": 22.930185318, "published": true}], "snippet": "In the event Buyer fails to timely deliver Buyer's Title Notice, then Buyer shall be deemed to have waived all title objections to matters shown in the Title Commitment. If Buyer has timely delivered Buyer's Title Notice and Seller elects (or is deemed to have elected) to proceed (in whole or in part) in accordance with clause (B) of Paragraph 8(a)(ii) of this Agreement, then Buyer shall have until the Contingency Expiration Date to terminate this Agreement by delivering written notice thereof to Seller and Escrow Agent, in which case the provisions of Paragraph 9(c) of this Agreement shall govern. If Buyer shall fail to provide Seller and Escrow Agent with written notice of termination on or before the Contingency Expiration Date, then Buyer shall be deemed to have waived all of its title objections (except with respect to the Rejected Exceptions).", "hash": "47409f9871cf2790645c30c37a305b04", "id": 6}, {"snippet_links": [{"key": "property-financial-statements", "type": "clause", "offset": [7, 36]}], "size": 7, "samples": [{"hash": "hsK00eLLGRP", "uri": "/contracts/hsK00eLLGRP#title-contingency", "label": "Agreement of Purchase and Sale (Pennsylvania Real Estate Investment Trust)", "score": 18.0, "published": true}, {"hash": "f6tHUgMor38", "uri": "/contracts/f6tHUgMor38#title-contingency", "label": "Purchase and Sale Agreement (Pennsylvania Real Estate Investment Trust)", "score": 18.0, "published": true}, {"hash": "bDaS1LZ9isa", "uri": "/contracts/bDaS1LZ9isa#title-contingency", "label": "Purchase and Sale Agreement (Pennsylvania Real Estate Investment Trust)", "score": 18.0, "published": true}], "snippet": "30 7.5 Property Financial Statements..............................................................31", "hash": "f6aced3a53f3c38d60c644dbb3e7fd15", "id": 3}, {"snippet_links": [{"key": "at-closing", "type": "definition", "offset": [0, 10]}, {"key": "owner-entity", "type": "definition", "offset": [12, 24]}, {"key": "title-to-the-real-property", "type": "clause", "offset": [27, 53]}, {"key": "subject-only", "type": "definition", "offset": [87, 99]}, {"key": "permitted-encumbrances", "type": "clause", "offset": [107, 129]}, {"key": "seller-shall", "type": "clause", "offset": [131, 143]}, {"key": "cooperate-with", "type": "clause", "offset": [144, 158]}, {"key": "title-company", "type": "definition", "offset": [169, 182]}, {"key": "all-actions", "type": "definition", "offset": [192, 203]}, {"key": "reasonably-necessary", "type": "clause", "offset": [204, 224]}, {"key": "to-issue", "type": "clause", "offset": [249, 257]}, {"key": "title-insurance-policy", "type": "clause", "offset": [260, 282]}, {"key": "in-accordance-with", "type": "definition", "offset": [283, 301]}, {"key": "the-foregoing", "type": "definition", "offset": [302, 315]}, {"key": "additional-liability", "type": "definition", "offset": [363, 383]}, {"key": "equipment-leases", "type": "clause", "offset": [414, 430]}, {"key": "agrees-to", "type": "clause", "offset": [454, 463]}, {"key": "prior-to-closing", "type": "definition", "offset": [484, 500]}, {"key": "by-seller", "type": "clause", "offset": [525, 534]}, {"key": "property-assets", "type": "definition", "offset": [574, 589]}, {"key": "at-seller", "type": "definition", "offset": [647, 656]}, {"key": "the-title", "type": "definition", "offset": [732, 741]}, {"key": "to-insure", "type": "clause", "offset": [750, 759]}, {"key": "as-required", "type": "clause", "offset": [820, 831]}, {"key": "buyer-shall", "type": "clause", "offset": [839, 850]}, {"key": "the-option", "type": "clause", "offset": [856, 866]}, {"key": "the-purchase-price", "type": "clause", "offset": [917, 935]}, {"key": "to-the-extent", "type": "clause", "offset": [936, 949]}, {"key": "shopping-mall", "type": "definition", "offset": [1131, 1144]}, {"key": "ability-to-obtain-financing", "type": "clause", "offset": [1162, 1189]}, {"key": "terminating-this-agreement", "type": "clause", "offset": [1212, 1238]}, {"key": "the-deposit", "type": "clause", "offset": [1250, 1261]}, {"key": "to-buyer", "type": "definition", "offset": [1280, 1288]}, {"key": "due-diligence-expenses", "type": "clause", "offset": [1317, 1339]}, {"key": "neither-party-shall", "type": "clause", "offset": [1345, 1364]}, {"key": "obligation-to", "type": "clause", "offset": [1374, 1387]}, {"key": "covenants-surviving-termination", "type": "definition", "offset": [1413, 1444]}], "size": 6, "samples": [{"hash": "hGh4tbHKHMc", "uri": "/contracts/hGh4tbHKHMc#title-contingency", "label": "Purchase and Sale Agreement (Pennsylvania Real Estate Investment Trust)", "score": 18.0, "published": true}, {"hash": "6Xid5SKdmHZ", "uri": "/contracts/6Xid5SKdmHZ#title-contingency", "label": "Agreement of Purchase and Sale (Pennsylvania Real Estate Investment Trust)", "score": 18.0, "published": true}], "snippet": "At Closing, Owner Entity's title to the Real Property shall be good and marketable and subject only to the Permitted Encumbrances. Seller shall cooperate with Buyer and Title Company and take all actions reasonably necessary to induce Title Company to issue a title insurance policy in accordance with the foregoing but Seller shall not be obligated to incur any additional liability as result thereof. Except for equipment leases to be assigned, Seller agrees to remove or discharge prior to Closing any Encumbrance created by Seller or Owner Entity or imposed against the Property Assets (or any of them) which is not a Permitted Encumbrance or at Seller's option (and with Buyer's approval in Buyer's reasonable judgment), cause the Title Company to insure over such Encumbrance. If title to the Real Property is not as required above, Buyer shall have the option of (a) accepting such title as exists and abating the Purchase Price to the extent of Encumbrances of an ascertainable amount, or (b) if the Encumbrance is of a nature that it would materially interfere with the use, development or value of the Real Property as a shopping mall, or with Buyer's ability to obtain financing with respect thereto, terminating this Agreement, whereupon the Deposit shall be returned to Buyer, Seller shall pay Buyer the Due Diligence Expenses, and neither party shall have any obligation to the other except for the Covenants Surviving Termination.", "hash": "f8f4c6b75f9aa057aef72e0f030e301f", "id": 4}, {"snippet_links": [{"key": "after-the-effective-date", "type": "clause", "offset": [30, 54]}, {"key": "seller-shall", "type": "clause", "offset": [56, 68]}, {"key": "to-be-delivered-to-buyer", "type": "clause", "offset": [86, 110]}, {"key": "preliminary-title-report", "type": "definition", "offset": [111, 135]}, {"key": "policy-for", "type": "definition", "offset": [194, 204]}, {"key": "issued-by", "type": "definition", "offset": [218, 227]}, {"key": "title-company", "type": "definition", "offset": [232, 245]}, {"key": "nationally-recognized", "type": "definition", "offset": [254, 275]}, {"key": "the-instruments", "type": "clause", "offset": [329, 344]}, {"key": "schedule-of-exceptions", "type": "definition", "offset": [359, 381]}, {"key": "buyer-shall", "type": "clause", "offset": [402, 413]}, {"key": "from-the-effective-date", "type": "clause", "offset": [454, 477]}, {"key": "after-receipt-of", "type": "clause", "offset": [499, 515]}, {"key": "commitment-to", "type": "clause", "offset": [520, 533]}, {"key": "deliver-to-seller", "type": "clause", "offset": [534, 551]}, {"key": "in-writing", "type": "definition", "offset": [552, 562]}, {"key": "materially-affects", "type": "definition", "offset": [619, 637]}, {"key": "use-of-the-property", "type": "clause", "offset": [662, 681]}, {"key": "title-objections", "type": "definition", "offset": [684, 700]}, {"key": "fails-to-deliver", "type": "clause", "offset": [713, 729]}, {"key": "notice-of", "type": "definition", "offset": [737, 746]}, {"key": "fully-accepted", "type": "definition", "offset": [805, 819]}, {"key": "matters-disclosed", "type": "clause", "offset": [843, 860]}, {"key": "of-buyer", "type": "clause", "offset": [963, 971]}, {"key": "objection-notice", "type": "clause", "offset": [974, 990]}, {"key": "failure-of-seller", "type": "clause", "offset": [1083, 1100]}, {"key": "no-obligation-to-cure", "type": "clause", "offset": [1217, 1238]}, {"key": "notice-to-seller", "type": "clause", "offset": [1419, 1435]}, {"key": "terminating-this-contract", "type": "clause", "offset": [1436, 1461]}, {"key": "the-\u2587", "type": "clause", "offset": [1478, 1483]}, {"key": "deposit-money", "type": "definition", "offset": [1496, 1509]}, {"key": "by-buyer", "type": "clause", "offset": [1529, 1537]}, {"key": "the-parties-shall", "type": "clause", "offset": [1561, 1578]}, {"key": "no-further-obligations", "type": "clause", "offset": [1584, 1606]}, {"key": "due-diligence-period", "type": "clause", "offset": [1748, 1768]}, {"key": "option-to", "type": "clause", "offset": [1796, 1805]}, {"key": "purchase-of-the-property", "type": "clause", "offset": [2057, 2081]}, {"key": "purchase-price-reduction", "type": "definition", "offset": [2090, 2114]}, {"key": "notwithstanding-anything-to-the-contrary", "type": "clause", "offset": [2247, 2287]}, {"key": "right-to-object-to", "type": "clause", "offset": [2381, 2399]}, {"key": "zoning-ordinances", "type": "clause", "offset": [2456, 2473]}, {"key": "and-agreements", "type": "definition", "offset": [2474, 2488]}, {"key": "restrictions-and-covenants", "type": "clause", "offset": [2526, 2552]}, {"key": "statutes-and-regulations", "type": "definition", "offset": [2579, 2603]}, {"key": "distribution-of", "type": "clause", "offset": [2635, 2650]}, {"key": "utility-and-municipal-services", "type": "clause", "offset": [2651, 2681]}, {"key": "property-taxes-and-special-assessments", "type": "clause", "offset": [2686, 2724]}, {"key": "the-year", "type": "definition", "offset": [2735, 2743]}, {"key": "subsequent-years", "type": "clause", "offset": [2759, 2775]}, {"key": "other-matters", "type": "clause", "offset": [2789, 2802]}, {"key": "deemed-waived", "type": "definition", "offset": [2848, 2861]}, {"key": "pursuant-to", "type": "definition", "offset": [2871, 2882]}, {"key": "paragraph-5", "type": "clause", "offset": [2888, 2899]}, {"key": "at-closing", "type": "definition", "offset": [2901, 2911]}, {"key": "to-issue", "type": "clause", "offset": [2950, 2958]}, {"key": "current-owner", "type": "definition", "offset": [2961, 2974]}, {"key": "standard-form", "type": "definition", "offset": [3002, 3015]}, {"key": "amount-of-the-purchase-price", "type": "clause", "offset": [3024, 3052]}, {"key": "fee-simple-owner", "type": "definition", "offset": [3075, 3091]}, {"key": "date-of-recording", "type": "definition", "offset": [3116, 3133]}, {"key": "the-deed", "type": "clause", "offset": [3134, 3142]}, {"key": "the-permitted-exceptions", "type": "clause", "offset": [3155, 3179]}, {"key": "title-policy", "type": "definition", "offset": [3182, 3194]}], "size": 5, "samples": [{"hash": "kwGPvhiQ97D", "uri": "/contracts/kwGPvhiQ97D#title-contingency", "label": "Real Estate Contract", "score": 29.5717144012, "published": true}], "snippet": "Within five (5) business days after the Effective Date, Seller shall deliver or cause to be delivered to Buyer preliminary title report (the \u201cCommitment\") for a standard owner's title insurance policy for the Property issued by the Title Company using a nationally recognized title insurance underwriter, together with copies of the instruments listed in the schedule of exceptions in such Commitment. Buyer shall have until the later of sixty (60) days from the Effective Date or fifteen (15) days after receipt of the Commitment to deliver to Seller in writing any objection to a matter shown on the Commitment which materially affects the Property or Buyer's use of the Property (\"Title Objections\"). If Buyer fails to deliver timely notice of Title Objections to Seller, Buyer shall be deemed to have fully accepted the Commitment and all matters disclosed therein. If Buyer timely delivers Title Objections, Seller shall have fifteen (15) days after receipt of Buyer's objection notice to notify Buyer in writing what, if anything, Seller shall do to cure the Title Objections. Failure of Seller to respond within said period shall indicate that Seller elects not to cure the Title Objections. Seller shall have no obligation to cure any Title Objection or incur any expense with respect thereto. If Seller elects not to cure one or more of the Title Objections, Buyer shall have five (5) business days to deliver notice to Seller terminating this Contract, in which event the \u2587\u2587\u2587\u2587\u2587\u2587\u2587 Money Deposit money shall be forfeited by Buyer in favor of Seller and the parties shall have no further obligations hereunder except those provisions that expressly survive. If Seller pursues a cure and is unable to cure a Title Objection by the End of the Due Diligence Period, then Buyer shall have the option to either terminate this Contract (in which case the \u2587\u2587\u2587\u2587\u2587\u2587\u2587 Money Deposit shall be deemed forfeited by Buyer in favor of Seller and the parties shall have no further obligations hereunder except those provisions that expressly survive), or close on the purchase of the Property with no Purchase Price reduction, in which case Buyer is deemed to have accepted any uncured Title Objections and waived any rights against Seller relating thereto. Notwithstanding anything to the contrary herein, the following matters shall be deemed \"Permitted Exceptions\" and Buyer shall have no right to object to any of said matters on the Commitment:\na. municipal and zoning ordinances and agreements entered under them, building and use restrictions and covenants, and State and/or Federal statutes and regulations;\nb. recorded easements for the distribution of utility and municipal services;\nc. property taxes and special assessments levied in the year of Closing and subsequent years; and\nd. such other matters as disclosed by the Commitment and waived or deemed waived by Buyer pursuant to this paragraph 5. At Closing, Seller shall cause the Title Company to issue a current owner's title insurance policy ( standard form) in the amount of the Purchase Price insuring Buyer as the fee simple owner of the Realty as of the date of recording the deed, subject to the Permitted Exceptions (\"Title Policy\").", "hash": "1d6ef889ad17fe0b1d86cc5f42ace61c", "id": 5}, {"snippet_links": [{"key": "to-secure", "type": "clause", "offset": [20, 29]}, {"key": "and-review", "type": "clause", "offset": [30, 40]}, {"key": "title-report", "type": "clause", "offset": [43, 55]}, {"key": "title-company", "type": "definition", "offset": [187, 200]}, {"key": "to-provide", "type": "clause", "offset": [207, 217]}, {"key": "the-closing", "type": "definition", "offset": [252, 263]}, {"key": "this-transaction", "type": "definition", "offset": [267, 283]}, {"key": "the-title", "type": "definition", "offset": [292, 301]}, {"key": "permitted-exceptions", "type": "clause", "offset": [375, 395]}, {"key": "this-contract", "type": "definition", "offset": [427, 440]}, {"key": "buyer-shall", "type": "clause", "offset": [442, 453]}, {"key": "business-days", "type": "definition", "offset": [471, 484]}, {"key": "of-buyer", "type": "clause", "offset": [617, 625]}, {"key": "notification-to", "type": "clause", "offset": [636, 651]}, {"key": "title-matter", "type": "definition", "offset": [664, 676]}, {"key": "failure-to-notify", "type": "definition", "offset": [686, 703]}, {"key": "required-time", "type": "clause", "offset": [722, 735]}, {"key": "waiver-of", "type": "clause", "offset": [755, 764]}, {"key": "exceptions-to-title", "type": "clause", "offset": [774, 793]}, {"key": "to-buyer", "type": "definition", "offset": [842, 850]}, {"key": "notification-of", "type": "definition", "offset": [853, 868]}, {"key": "title-exception", "type": "definition", "offset": [871, 886]}, {"key": "seller-shall", "type": "clause", "offset": [888, 900]}, {"key": "incident-to", "type": "definition", "offset": [938, 949]}, {"key": "defect-in-title", "type": "clause", "offset": [977, 992]}, {"key": "time-period", "type": "definition", "offset": [1024, 1035]}, {"key": "the-\u2587", "type": "clause", "offset": [1115, 1120]}, {"key": "title-to-the-property", "type": "clause", "offset": [1248, 1269]}, {"key": "subject-to-the", "type": "definition", "offset": [1270, 1284]}], "size": 3, "samples": [{"hash": "etsub0M8DhN", "uri": "/contracts/etsub0M8DhN#title-contingency", "label": "Earnest Money Contract", "score": 29.4633140564, "published": true}, {"hash": "cB6iWz7m7ub", "uri": "/contracts/cB6iWz7m7ub#title-contingency", "label": "Earnest Money Contract", "score": 28.7462921143, "published": true}, {"hash": "6FLbQOPivhF", "uri": "/contracts/6FLbQOPivhF#title-contingency", "label": "Earnest Money Contract", "score": 28.6868400574, "published": true}], "snippet": "\u2587\u2587\u2587\u2587\u2587 IS ENCOURAGED TO SECURE AND REVIEW A TITLE REPORT ON THE PROPERTY (the \u201cTitle Report\u201d) and \u2587\u2587\u2587\u2587\u2587 agrees that Platinum Title Partners \u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587\u2587, \u2587\u2587\u2587\u2587\u2587 \u2587, \u2587\u2587\u2587\u2587\u2587\u2587\u2587, \u2587\u2587 \u2587\u2587\u2587\u2587\u2587 (\u201cTitle Company\u201d), is to provide that information and will conduct the Closing of this transaction. Should the Title Report reflect that the Property is subject to exceptions that are not a Permitted Exceptions, as defined in Paragraph 11 of this Contract, Buyer shall, within ten (10) business days from the date the Title Company receives and opens the order notify Seller, who in turn shall have sixty (60) days from the receipt of Buyer\u2019s written notification to correct any title matter. Buyer\u2019s failure to notify Seller within the required time shall constitute a waiver of any such exceptions to title as reflected in the Title Report. In responding to Buyer\u2019s notification of a title exception, Seller shall not be required to incur any expense incident to its curative efforts. If a defect in title cannot be corrected within the time period provided, or Seller chooses not to incur any expense to cure the title matter, the \u2587\u2587\u2587\u2587\u2587\u2587\u2587 Money (plus any prepayments for upgrades and options) shall be returned and this Contract canceled, unless \u2587\u2587\u2587\u2587\u2587 accepts title to the Property subject to the exceptions identified.", "hash": "5081032111f366d505b117cf40a110f3", "id": 7}, {"snippet_links": [{"key": "condition-precedent", "type": "definition", "offset": [2, 21]}, {"key": "to-buyer", "type": "definition", "offset": [22, 30]}, {"key": "obligation-to-purchase", "type": "clause", "offset": [33, 55]}, {"key": "the-property", "type": "clause", "offset": [56, 68]}, {"key": "title-company", "type": "definition", "offset": [101, 114]}, {"key": "issue-to", "type": "definition", "offset": [118, 126]}, {"key": "the-closing-date", "type": "clause", "offset": [136, 152]}], "size": 2, "samples": [{"hash": "he6qOIJNT0M", "uri": "/contracts/he6qOIJNT0M#title-contingency", "label": "Purchase Agreement (Maxus Realty Trust Inc)", "score": 18.0, "published": true}, {"hash": "aVK7R8IjN5f", "uri": "/contracts/aVK7R8IjN5f#title-contingency", "label": "Purchase Agreement (Maxus Realty Trust Inc)", "score": 18.0, "published": true}], "snippet": "A condition precedent to Buyer's obligation to purchase the Property shall be the willingness of the Title Company to issue to Buyer on the Closing Date an A.L.", "hash": "9d193f4603481af1fb413bff385655b8", "id": 10}, {"snippet_links": [{"key": "purchase-of-the-property", "type": "clause", "offset": [13, 37]}, {"key": "to-the-county", "type": "definition", "offset": [49, 62]}, {"key": "satisfaction-of", "type": "clause", "offset": [78, 93]}, {"key": "report-to", "type": "definition", "offset": [114, 123]}, {"key": "by-seller", "type": "clause", "offset": [143, 152]}, {"key": "the-seller", "type": "clause", "offset": [217, 227]}, {"key": "to-provide", "type": "clause", "offset": [238, 248]}, {"key": "title-to-the", "type": "clause", "offset": [249, 261]}, {"key": "liens-and-encumbrances", "type": "definition", "offset": [287, 309]}], "size": 3, "samples": [{"hash": "abfxsjTpbqc", "uri": "/contracts/abfxsjTpbqc#title-contingency", "label": "Buy/Sell Agreement", "score": 30.4586200714, "published": true}, {"hash": "iANwnav8Hen", "uri": "/contracts/iANwnav8Hen#title-contingency", "label": "Buy/Sell Agreement", "score": 24.7385349274, "published": true}, {"hash": "cTuMxAupAW6", "uri": "/contracts/cTuMxAupAW6#title-contingency", "label": "Buy/Sell Agreement", "score": 24.7385349274, "published": true}], "snippet": "The County\u2019s purchase of the Property is subject to the County\u2019s approval and satisfaction of a preliminary title report to be delivered to it by Seller. The County\u2019s purchase of the Property is further contingent on the Seller\u2019s ability to provide title to the County that is free from liens and encumbrances.", "hash": "baa5aca70365c82cc3fe640d2eae9c74", "id": 8}, {"snippet_links": [{"key": "condition-precedent", "type": "definition", "offset": [2, 21]}, {"key": "to-buyer", "type": "definition", "offset": [22, 30]}, {"key": "obligation-to-purchase", "type": "clause", "offset": [33, 55]}, {"key": "the-property", "type": "clause", "offset": [56, 68]}, {"key": "designated-portion", "type": "definition", "offset": [78, 96]}, {"key": "agreement-of-title-company", "type": "clause", "offset": [183, 209]}, {"key": "to-record", "type": "definition", "offset": [210, 219]}, {"key": "applicable-closing-date", "type": "definition", "offset": [254, 277]}, {"key": "issue-to", "type": "definition", "offset": [285, 293]}, {"key": "effective-as-of-the", "type": "clause", "offset": [300, 319]}, {"key": "date-and-time", "type": "clause", "offset": [320, 333]}, {"key": "the-deed", "type": "clause", "offset": [334, 342]}, {"key": "form-b", "type": "clause", "offset": [364, 370]}, {"key": "not-available", "type": "definition", "offset": [438, 451]}, {"key": "amendment-and", "type": "clause", "offset": [477, 490]}, {"key": "no-arbitration", "type": "clause", "offset": [572, 586]}, {"key": "extended-coverage-owner", "type": "definition", "offset": [588, 611]}, {"key": "title-insurance-policy", "type": "clause", "offset": [614, 636]}, {"key": "or-equivalent", "type": "definition", "offset": [657, 670]}, {"key": "amount-of-the-purchase-price", "type": "clause", "offset": [829, 857]}, {"key": "installment-purchase-price", "type": "definition", "offset": [876, 902]}, {"key": "the-total", "type": "clause", "offset": [934, 943]}, {"key": "cost-of-acquisition", "type": "definition", "offset": [956, 975]}, {"key": "construction-of-the", "type": "clause", "offset": [993, 1012]}, {"key": "buyer-may", "type": "definition", "offset": [1026, 1035]}, {"key": "dated-as-of", "type": "definition", "offset": [1047, 1058]}, {"key": "applicable-deed", "type": "definition", "offset": [1081, 1096]}, {"key": "title-to-the-land", "type": "clause", "offset": [1121, 1138]}, {"key": "for-the-benefit-of", "type": "definition", "offset": [1181, 1199]}, {"key": "of-record", "type": "definition", "offset": [1244, 1253]}, {"key": "permitted-exceptions", "type": "clause", "offset": [1287, 1307]}, {"key": "title-endorsements", "type": "definition", "offset": [1354, 1372]}], "size": 2, "samples": [{"hash": "gjg1U988gcB", "uri": "/contracts/gjg1U988gcB#title-contingency", "label": "Purchase and Sale Agreement", "score": 31.3408622742, "published": true}, {"hash": "hxdjHqzjkip", "uri": "/contracts/hxdjHqzjkip#title-contingency", "label": "Purchase and Sale Agreement (Equinix Inc)", "score": 19.0, "published": true}], "snippet": "A condition precedent to Buyer\u2019s obligation to purchase the Property (or the \u201cDesignated Portion\u201d (as defined below) as applicable) shall be the irrevocable and unconditional written agreement of Title Company to record the \u201cDeed\u201d (defined below) on the applicable Closing Date and to issue to Buyer effective as of the date and time the deed is recorded, an ALTA Form B (1970, amended 10/17/70, or if the 1970, amended 10/17/70, form is not available, the 1970 form with 1984 amendment and, if that is not available, the 1992 form with no creditors\u2019 rights exclusion and no arbitration) extended coverage owner\u2019s title insurance policy (\u201cOwner\u2019s Policy\u201d), or equivalent form acceptable to Buyer, without a creditor\u2019s rights exclusion or including an endorsement eliminating the creditor\u2019s rights exclusion, with coverage in the amount of the Purchase Price or the applicable Installment Purchase Price (or such greater amount, up to the total anticipated cost of acquisition, development and construction of the Property, as Buyer may elect) and dated as of the date and time the applicable Deed is recorded, indicating title to the Land (including any easements described herein for the benefit of the Property) and Improvements to be vested of record in Buyer, subject solely to the \u201cPermitted Exceptions\u201d (as hereinafter defined), and including the \u201cTitle Endorsements\u201d (as hereinafter defined). As used herein:", "hash": "85b069f4ee6103708024947ed74f98b1", "id": 9}], "next_curs": "CloSVGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjYLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ihp0aXRsZS1jb250aW5nZW5jeSMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"size": 147, "parents": [["title", "Title"], ["buyer-inspections", "Buyer Inspections"], ["contingencies", "Contingencies"], ["conditions-precedent", "Conditions Precedent"], ["title-matters", "Title Matters"]], "children": [["sellers-option-to-cure", "Seller's  Option  to  Cure"], ["", ""], ["anchors-remain-open", "Anchors Remain Open"], ["seller-inability-to-convey", "Seller  Inability to Convey"], ["engineering-report", "Engineering  Report"]], "title": "TITLE CONTINGENCY", "id": "title-contingency", "related": [["mortgage-contingency", "MORTGAGE CONTINGENCY", "MORTGAGE CONTINGENCY"], ["title-conditions", "TITLE CONDITIONS", "TITLE CONDITIONS"], ["title-commitment", "Title Commitment", "Title Commitment"], ["title-report", "Title Report", "Title Report"], ["title-company", "Title Company", "Title Company"]], "related_snippets": [], "updated": "2026-03-20T04:26:16+00:00", "also_ask": ["What are the most effective negotiation levers for a title contingency clause?", "Which essential elements must be included to ensure enforceability and clarity?", "What are the most common risks or loopholes that could undermine this clause?", "How does this clause compare to standard title contingency provisions in other jurisdictions?", "What evidentiary standards do courts apply when assessing disputes over title contingencies?"], "drafting_tip": "Specify clear conditions for title transfer to prevent disputes; define remedies for failure to convey title to ensure enforceability; require documentation of title status to provide evidence of compliance.", "explanation": "A Title Contingency clause allows a party to withdraw from a contract or renegotiate terms if issues with the property's title are discovered during the due diligence period. Typically, this clause applies to real estate transactions, where the buyer may uncover liens, encumbrances, or other defects in the title that could affect ownership rights. Its core function is to protect buyers from inheriting unresolved title problems, ensuring they are not obligated to proceed with a purchase unless the title is clear and marketable."}, "json": true, "cursor": ""}}