Title Insurance and Closing Fee. The Seller shall pay all costs of the Title Commitment and the premium for a standard American Land Title Association (ALTA) Owner’s Title Insurance Policy for the Property issued by the Closing Agent (the “Title Policy”). The Buyer shall pay any additional premiums required for the issuance of any mortgagee’s title policy required by the Buyer and the costs for any special endorsements to the Title Policy including endorsements for zoning (including parking), access, restrictions, utility, comprehensive, survey, tax parcel, contiguity, subdivision and location, if any. The Seller and the Buyer will each pay one-half of any reasonable and customary closing fee, escrow fee, or charge imposed by the Closing Agent.
Appears in 5 contracts
Samples: Sale and Purchase Agreement, Sale and Purchase Agreement, Sale and Purchase Agreement
