Common use of Title Insurance Commitment Clause in Contracts

Title Insurance Commitment. A commitment (“Title Commitment”) for the most current form of an ALTA Form Owner’s Policy of Title Insurance insuring title to the Real Property, deleting standard exceptions and including such matters as may be identified by ▇▇▇▇▇, in the amount of $ , issued by Watermark Title (“Title”). The Title Commitment will commit Title to insure title to the Property subject only to the Permitted Encumbrances.

Appears in 2 contracts

Sources: Purchase Agreement, Purchase Agreement

Title Insurance Commitment. A commitment (“Title Commitment”) for the most current form of an ALTA Form B Owner’s Policy of Title Insurance insuring title to the Real Property, deleting standard exceptions and including such matters as may be identified by ▇▇▇▇▇, in the amount of $ the Purchase Price, issued by Watermark the Title (“Title”)Company. The Title Commitment will shall commit the Title Company to insure title to the Real Property subject only to the Permitted Encumbrances. Seller shall deliver to the Title Company or Buyer any Abstracts of Title to the Real Property which are in Seller’s possession or control.

Appears in 1 contract

Sources: Real Estate Purchase Agreement

Title Insurance Commitment. A commitment (“Title Commitment”) for the most current form of an ALTA Form Owner’s Policy of Title Insurance insuring title to the Real Property, deleting standard exceptions and including affirmative insurance regarding zoning, contiguity, appurtenant easements and such other matters as may be identified by ▇▇▇▇▇, in the amount of $ the Purchase Price, issued by Watermark Guaranty Commercial Title Company (“Title”). The Title Commitment will commit Title to insure title to the Property subject only to the Permitted Encumbrances.

Appears in 1 contract

Sources: Purchase Agreement