Common use of Exceptions to Title Clause in Contracts

Exceptions to Title. Buyer shall be obligated to accept title to the Property, subject to the following exceptions to title: (a) Real estate taxes and assessments not yet due and payable; (b) The Bond Documents; (c) The printed exceptions which appear in the standard form ALTA owner's policy of title insurance issued by Title Company; and (d) Such exceptions to title as may be approved by Buyer pursuant to the provisions of subparagraph A(1) above. The availability of title insurance as set forth above is a condition precedent to Buyer's obligation to purchase the Property. Conclusive evidence of the availability of such title insurance shall be the commitment of Title Company to issue to Buyer on the Closing Date a standard form ALTA owner's title insurance policy ("OWNER'S POLICY"), in the face amount of the Purchase Price, which policy shall show (i) title to the Property to be vested of record in Buyer, and (ii) the above exceptions to be the only exceptions to title.

Exceptions to Title. Buyer shall be obligated to accept title to the Property, subject to the following exceptions to title: (a) Real estate taxes and assessments not yet due and payable; ; (b) The Bond Documents; (c) The printed exceptions which appear in the standard form ALTA owner's policy of title insurance issued by Title CompanyCompany in the State of Washington; and and (dc) Such exceptions to title as have been (or may be hereafter be) approved by Buyer pursuant to the provisions of subparagraph subparagraphs A(1) and A(2) above. The availability of title insurance as set forth above is a condition precedent to Buyer's obligation to purchase the Property. Conclusive evidence of the availability of such title insurance shall be the commitment willingness of Title Company to issue to Buyer on the Closing Date a standard form an ALTA owner's title insurance policy in the standard form issued in the State of Washington ("OWNER'S POLICY"), in the face amount of the Purchase Price, which policy shall show (i) title to the Property to be vested of record in Buyer, and (ii) the above exceptions to be the only exceptions to title. B. COMPLETED DUE DILIGENCE REVIEWS.

Exceptions to Title. Buyer shall be obligated to accept title to the Property, subject to the following exceptions to title: (a) Real estate taxes and assessments not yet due and payable; (b) The Bond Documents; (c) The printed exceptions "exclusions from coverage" which appear in the standard T-1 form ALTA owner's policy of title insurance issued by Title Company; andCompany in the State of Texas; (dc) Such exceptions to title as may be approved by Buyer pursuant to the provisions of subparagraph A(1) above. The availability of title insurance as set forth above is a condition precedent to Buyer's obligation to purchase , including the PropertyPermitted Exceptions. Conclusive evidence of the availability of such title insurance shall be the commitment willingness of Title Company to issue to Buyer on the Closing Date a standard form ALTA an owner's title insurance policy issued by the Title Company in the standard T-1 form ("OWNER'S POLICYOwner's Policy"), in the face amount of the Purchase Price, which policy shall show shows (i) title to the Property to be vested of record in Buyer, and (ii) the above exceptions to be the only exceptions to title.

Exceptions to Title. Buyer shall be obligated to accept title to the Property, subject to the following exceptions to title: (a) Real estate taxes and assessments not yet due and payable; ; (b) The Bond Documents; (c) The printed exceptions which appear in the standard form ALTA owner's policy of title insurance issued by Title Company; and and (dc) Such exceptions to title as may be approved by Buyer pursuant to the provisions of subparagraph A(1) above. The availability of title insurance as set forth above is a condition precedent to Buyer's obligation to purchase the PropertyPermitted Exceptions. Conclusive evidence of the availability of such title insurance shall be the commitment willingness of Title Company to issue to Buyer on the Closing Date a standard form ALTA extended coverage owner's title insurance policy ("OWNER'S POLICYOwner's Policy"), in the face amount of the Purchase Price, which policy shall show (i) show title to the Property to be vested of record in Buyer, and (ii) show the above exceptions Permitted Exceptions to be the only exceptions to title, and (iii) contain such endorsements as Buyer shall require (and the Title Company shall agree to issue) prior to the expiration of the Title Review Period.