Common use of OBJECTION TO TITLE Clause in Contracts

OBJECTION TO TITLE. If Buyer raises valid written objection to Seller's title which means that the title to the property is unmarketable, Seller may cancel this contract by giving prompt written notice of cancellation to Buyer. However, if Seller gives written notice within five (5) days that Seller will cure the problem prior to the closing date, then this contract shall continue in force until the closing date, subject to Seller performing as promised. If Seller fails to cure the problem within such time, Buyer will not be obligated to purchase the property and any deposit shall be returned together with reimbursement for the reasonable cost of having the title examined.

OBJECTION TO TITLE. If Buyer the purchaser raises a valid written objection to Sellerseller's title which means that the title to the property is unmarketable, Seller sellers may cancel this contract by giving prompt written notice of cancellation to Buyerthe purchaser. Purchaser's deposit will be returned. However, if Seller gives sellers give written notice within five (5) days that Seller sellers will cure the problem prior to the closing date, then this contract shall continue in force until the closing date, date subject to Seller sellers performing as promised. If Seller fails sellers fail to cure the problem problem(s) within such time, Buyer the purchaser will not be obligated to purchase the property and any his deposit shall will be returned together with reimbursement for the reasonable cost of having the title examinedreturned.

OBJECTION TO TITLE. If Buyer Xxxxx raises valid written objection to Seller's title which means that the title to the property is unmarketable, Seller may cancel this contract by giving prompt written notice of cancellation to Buyer. However, if Seller gives written notice within five (5) days that Seller will cure the problem prior to the closing date, then this contract shall continue in force until the closing date, subject to Seller performing as promised. If Seller fails to cure the problem within such time, Buyer will not be obligated to purchase the property and any deposit shall be returned together with reimbursement for the reasonable cost of having the title examinedreturned.