Common use of ABSTRACT AND TITLE Clause in Contracts

ABSTRACT AND TITLE. BUYER, at its expense, may obtain an abstract of title to the Property continued through the date of acceptance of this Agreement, and XXXXX’S attorney may, at BUYER’S expense, examine the abstract after it is continued through the date of acceptance. If BUYER’S title opinion does not show marketable title in SELLER in conformity with Iowa law, and title standards of the Iowa State Bar Association, BUYER may request SELLER make reasonable efforts to perfect title, provided SELLER shall be under no obligation to do so. If closing is delayed due to SELLER’S inability to perfect title, or election not to perfect title, this Agreement shall continue in force and effect until either party rescinds the Agreement after giving thirty (30) days written notice to the other party.

Appears in 3 contracts

Samples: Real Estate Purchase Agreement, Real Estate Purchase Agreement, Real Estate Purchase Agreement

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ABSTRACT AND TITLE. BUYER, at its expense, may obtain an abstract of title to the Property continued through the date of acceptance of this Agreement, and XXXXX’S 'S attorney may, at BUYER’S 'S expense, examine the abstract after it is continued through the date of acceptance. If BUYER’S 'S title opinion does not show marketable title in SELLER in conformity with Iowa law, and title standards of the Iowa State Bar Association, BUYER may request SELLER make reasonable efforts to perfect title, provided SELLER shall be under no obligation to do so. If closing is delayed due to SELLER’S 'S inability to perfect title, or election not to perfect title, this Agreement shall continue in force and effect until either party rescinds the Agreement after giving thirty (30) days written notice to the other party.

Appears in 1 contract

Samples: Real Estate Purchase Agreement

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ABSTRACT AND TITLE. BUYER, at its expense, may will obtain an abstract of title to the Property continued through the date of acceptance of this Agreement, and XXXXX’S attorney may, at BUYER’S expense, examine the abstract after it is continued through the date of acceptance. If BUYER’S title opinion does not show marketable title in SELLER in conformity with Iowa law, and title standards of the Iowa State Bar Association, BUYER may request SELLER make reasonable efforts to perfect title, provided SELLER shall be under no obligation to do so. If closing is delayed due to SELLER’S inability to perfect title, or election not to perfect title, this Agreement shall continue in force and effect until either party rescinds the Agreement after giving thirty (30) days written notice to the other party.

Appears in 1 contract

Samples: Real Estate Purchase Agreement

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