Examples of Title Objections in a sentence
In the event Grantor is notified by Grantee of any such objections to title (collectively, “ Title Objections”), Grantor shall have fifteen (15) days from receipt of such written notice within which to notify Grantee in writing (“Grantor’s Title Letter”) of those Title Objections which Grantor shall satisfy or otherwise cure or remove prior to Closing.
Grantor’s failure to timely provide such Grantor’s Title Letter shall be deemed Seller’s refusal to cure such Title Objections.
Purchaser shall have five (5) days after the date of receipt of the Title Commitment to notify Seller in writing of any easements, rights-of-way, encroachments, conflicts, protrusions, liens, encumbrances, restrictions, conditions, covenants or other matters creating a cloud on title to the Property (hereinafter collectively called the Exceptions) with respect to the Property revealed thereby which are unacceptable to Purchaser (Purchaser’s Title Objections).
Optionor shall be responsible for (a) the costs of its legal counsel, advisors and other professionals employed by it in connection with the sale of the Premises, (b) the costs associated with terminating any contracts or employees, and (c) any recording fees relating to remove any Title Objections.
If the Sellers shall fail to respond to any Objection Notice within seven (7) Business Days after receipt of such Objection Notice, then the Sellers shall be deemed to have declined to take any action to discharge such Title Objections.