Common use of Title Services Clause in Contracts

Title Services. Title Services will include a Commitment for Title Insurance, or equal (Title Report), including Schedules A, B and C. The Title Report will identify all interest owners, encumbrances, lien holders, creditors, lessees, other claimants, such as OAG Child Support lien claims, taxing entities and all other information affecting ownership of the acquisition parcel(s). The Title Report will provide document reference numbers (volume and page numbers of older documents) for all recorded instruments filed related to the property, including all County and State offices, such as the County Clerk’s Office. The Title Report will be the basis for the Commitment for Title Insurance. Title Insurance shall be issued for all parcel acquired by FBC, except as otherwise determined by FBC. In case FBC cannot find mutually agreeable terms for the purchase of a parcel, the Title Report and related acquisition information will be delivered to the County Attorney to initiate eminent domain proceedings. The Title Report shall have an effective date (the date of the records search) within 90 days of the date that the condemnation files are delivered to the County Attorney’s Office. For FBC eminent domain cases settled through court proceedings, a Title Insurance Policy may not be required. If the property is acquired for transfer to the State of Texas, a Title Insurance Policy will be issued once the final judgement is filed in the name of Fort Bend County.

Title Services. Title Services will include a Commitment for Title Insurance, or equal (Title Report), including Schedules A, B and C. The Title Report will identify all interest owners, encumbrances, lien holders, creditors, lessees, other claimants, such as OAG Child Support lien claims, taxing entities and all other information affecting ownership of the acquisition parcel(s). The Title Report will provide document reference numbers (volume and page numbers of older documents) for all recorded instruments filed related to the property, including all County and State offices, such as the County Clerk’s Office. The Title Report will be the basis for the Commitment for Title Insurance. Title Insurance shall be issued for all parcel acquired by FBC, except as otherwise determined by FBC. In case FBC cannot find mutually agreeable terms for the purchase of a parcel, the Title Report and related acquisition information will be delivered to the County Attorney to initiate eminent domain proceedings. The Title Report shall have an effective date (the date of the records search) within 90 days of the date that the condemnation files are delivered to the County Attorney’s Office. For FBC eminent domain cases settled through court proceedings, a Title Insurance Policy may not be required. If the property is acquired for transfer to the State of Texas, a Title Insurance Policy will be issued once the final judgement is filed in the name of Fort Bend County.