Examples of Condition of Title in a sentence
A Condition of Title Guarantee may only be dated down or continued within one (1) year of the original Date of Guarantee at a minimum charge of $50.00 per continuation.
The Exceptions to title approved by Developer as provided herein shall hereinafter be referred to as the “Permitted Exceptions” and/or the “Condition of Title.” Developer shall have the right to approve or disapprove in the manner provided in this Section any Exception reported by the Title Company or otherwise discovered after Developer has approved the Condition of Title (which are not created by Developer).
When a Condition of Title is requested based upon an extra-hazardous risk and requires additional work and/or search charges the charge shall be a flat $600; liability on these matters will be limited to $600.
The Condition of Title Guarantee provides assurance from an examination of the public records as to the vesting of the estate or interest described in the Guarantee and the defects, liens and encumbrances that affect that interest.
The minimum charge for the issuance of a Condition of Title Guarantee, involving a single chain of title, is the minimum amount of the applicable General Schedule Rate.