ILC definition
Examples of ILC in a sentence
Buyer may select a New ILC or New 274 Survey different than initially specified in this Contract if there is no additional cost to Seller or change to the New ILC or New 275 Survey Objection Deadline.
Buyer and Seller acknowledge that each party has an obligation to act in good faith including, but not limited 785 to, exercising the rights and obligations set forth in the provisions of Financing Conditions and Obligations; Title Insurance, 786 Record Title and Off-Record Title; New ILC, New Survey; and Property Disclosure, Inspection, Indemnity, Insurability and 787 Due Diligence.
Deliver to Seller a written description of any matter that was to be 432 shown or is shown in the New ILC or New Survey that is unsatisfactory and that Buyer requires Seller to correct.
The New ILC or New Survey will be certified by the surveyor 272 to all those who are to receive the New ILC or New Survey.
The Title Insurance Company may require a New Survey or New ILC, defined below, 303 among other requirements for OEC.