Common use of TITLE INSURANCE COMMITMENT AND SURVEY Clause in Contracts

TITLE INSURANCE COMMITMENT AND SURVEY. 1) Seller, at Buyer’s Seller’s expense (check one), (including the cost of pre-closing abstracting and Title examiner’s report) within days after shall furnish Buyer a Commitment for title insurance from a title insurance company acceptable to Buyer (the “Title Commitment”). The Title Commitment covering the Property shall be addressed to the Buyer and bind the title company to issue to Buyer, at closing, an American Land Title Association (ALTA) standard form Owner’s Policy of Title Insurance (the “Title Policy”), in the amount of the purchase price. The Title Commitment shall set forth the status of the Title to the Property, showing and having attached copies of all liens, claims, encumbrances, easements, rights-of-way, encroachments, reservations, restrictions and any other matters affecting the Property.

TITLE INSURANCE COMMITMENT AND SURVEY. 1) Seller, at BuyerXxxxx’s Seller’s expense (check one), (including the cost of pre-closing abstracting and Title examiner’s report) within days after shall furnish Buyer a Commitment for title insurance from a title insurance company acceptable to Buyer (the “Title Commitment”). The Title Commitment covering the Property shall be addressed to the Buyer and bind the title company to issue to Buyer, at closing, an American Land Title Association (ALTA) standard form Owner’s Policy of Title Insurance (the “Title Policy”), in the amount of the purchase price. The Title Commitment shall set forth the status of the Title to the Property, showing and having attached copies of all liens, claims, encumbrances, easements, rights-of-way, encroachments, reservations, restrictions and any other matters affecting the Property.