Common use of Title Review Clause in Contracts

Title Review. Buyer will have the right to inspect the Title Documents. If Buyer objects to any condition or exception to title as disclosed by the Title Documents that renders title unmerchantable or uninsurable, Buyer shall deliver written notice to Seller specifying such objection(s) on or before five (5) days after Title Deadline, or within five (5) business days after receipt by Buyer of any duly requested Title Document or endorsement(s) adding new exceptions(s) to the title commitment. If Seller does not receive Buyer’s notice by the date(s) specified above, Buyer shall be deemed to have accepted the condition of title as disclosed by the Title Documents as satisfactory and to have waived any objection thereto.

Appears in 6 contracts

Samples: Purchase and Sales Contract, Purchase and Sales Contract, Purchase and Sales Contract

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Title Review. Buyer will have the right to inspect the Title Documents. If Buyer objects to any condition or exception to title as disclosed by the Title Documents that renders title unmerchantable or uninsurable, Buyer shall deliver written notice to Seller specifying such objection(s) on or before five (5) calendar days after Title Deadline, or within five (5) business calendar days after receipt by Buyer of any duly requested Title Document or endorsement(s) adding new exceptions(s) to the title commitment. If Seller does not receive Buyer’s notice by the date(s) specified above, Buyer shall be deemed to have accepted the condition of title as disclosed by the Title Documents as satisfactory and to have waived any objection thereto.

Appears in 3 contracts

Samples: Purchase and Sales Contract, Purchase and Sales Contract, Purchase and Sales Contract

Title Review. Buyer will shall have the right to inspect the Title Documents. If Written notice by Buyer objects to of unmerchantability of title or of any other unsatisfactory title condition or exception to title as disclosed shown by the Title Documents that renders title unmerchantable shall be signed by or uninsurable, on behalf of Buyer shall deliver written notice and given to Seller specifying such objection(s) on or before five Title Objection Deadline (5) days after Title Deadliness. 2c), or within five ten (510) business days after receipt by Buyer of any duly requested Title Document Documents(s) or endorsement(s) adding new exceptions(sException(s) to the title commitmentcommitment together with a copy of the Title Document adding new Exception(s) to title. If Seller does not receive Buyer’s 's notice by the date(s) specified above, Buyer shall be deemed to have accepted accepts the condition of title as disclosed by the Title Documents as satisfactory and to have waived any objection thereto.satisfactory. b.

Appears in 2 contracts

Samples: Buy and Sell (Eldorado Artesian Springs Inc), Buy and Sell (Eldorado Artesian Springs Inc)

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Title Review. Buyer will shall have the right to inspect the Title Documents. If Written notice by Buyer objects to of unmerchantability of title, form or content of Title Commitment or of any other unsatisfactory title condition or exception to title as disclosed shown by the Title Documents that renders title unmerchantable Documents, notwithstanding § 12, shall be signed by or uninsurable, on behalf of Buyer shall deliver written notice and given to Seller specifying such objection(s) on or before five Title Objection Deadline (5) days after Title Deadline§ 2c), or within five (5) business calendar days after receipt by Buyer of any duly requested Title Document or endorsement(s) adding new exceptions(s) change to the title commitmentTitle Document(s) or endorsement to the Title Commitment together with a copy of the document adding any new Exception to title. If Seller does not receive Buyer’s notice by the date(s) date specified above, Buyer shall be deemed to have accepted accepts the condition of title as disclosed by the Title Documents as satisfactory and to have waived any objection theretosatisfactory.

Appears in 1 contract

Samples: Oakridge Energy Inc

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