Examples of Title and Survey Review Period in a sentence
During the Title and Survey Review Period, Purchaser shall review title to the Property as disclosed by the Title Commitment and the Survey.
If Purchaser fails to so object prior to the expiration of the Title and Survey Review Period, Purchaser shall be deemed to have approved and accepted the Title and Survey Report, and all matters set forth therein shall be deemed to be Permitted Exceptions (herein so called).
If Purchaser notifies Seller in writing of any Objections prior to the expiration of the Title and Survey Review Period, Seller shall then have a period of ten (10) days to cure the Objections, or to notify Purchaser in writing of any Objections Seller cannot, or elects not to, cure (the "Cure Notice").
Purchaser shall have a period of ten (10) days (the "Title and Survey Review Period") from its receipt of the last of the Title Commitment, the Title Documents and the Survey (collectively, the "Title and Survey Report") to object in writing to Seller as to any matters therein to which Purchaser objects (the "Objections").
During the Title and Survey Review Period, Purchaser shall review title to the Property as disclosed by the Title Commitments and the Surveys.
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If Purchaser notifies Seller in writing of any Objections prior to the expiration of the Title and Survey Review Period, Seller shall then have a period of five (5) days after its receipt of such notice to (i) use its reasonable efforts to cure the Objections (provided Seller shall have no obligation to cure any of the Objections), or (ii) to notify Purchaser in writing of any Objections Seller cannot or will not cure (the “Cure Notice”).
The Preliminary Commitment may be to issue an ALTA Standard Owner's Policy of title insurance as to those portions of the Real Property for which Title Company will not issue an ALTA Extended Owner's Policy for lack of an ALTA survey prior to Closing, subject to Buyer's approval during the Title and Survey Review Period defined below.
The Title Policy may be for an ALTA Standard Owner's Policy of title insurance as to those portions of the Real Property for which Title Company will not issue an ALTA Extended Owner's Policy for lack of an ALTA survey prior to Closing, subject to Buyer's approval during the Title and Survey Review Period.
During the Title and Survey Review Period, Purchaser shall review title to the Property as disclosed by the Title Commitment and the Survey, and shall notify Seller in writing of any title matters which are unacceptable to Purchaser, in its sole discretion (the “Title Objection Notice”).