Objections to Title. If Buyer raises a valid written objection to Seller’s title which indicates that the title to the property is unmarketable, Seller may cancel this contract by giving prompt written notice of cancellation to Buyer and Xxxxx’s deposit shall be returned. However, if Xxxxxx is able to cure the title objection on or before the closing date, or if the title objection is insurable and Xxxxx is willing to accept insurable title, then this contract shall continue in force until the closing date, subject to the Seller curing the title objection and/or providing insurable title at Seller’s expense. If Seller fails to cure the title objection on or before the closing date, or, if Buyer is unwilling to accept insurable title, Buyer may cancel this contract by giving prompt written notice of cancellation to Seller and Xxxxx’s deposit shall be returned.
Appears in 5 contracts
Samples: Purchase and Sale Contract for Lots and Vacant Land, Purchase and Sale Contract for Lots and Vacant Land, Purchase and Sale Contract for Lots and Vacant Land
Objections to Title. If Buyer raises a valid written objection to Seller’s title which indicates that the title to the property is unmarketable, then Seller may cancel this contract by giving prompt Contract upon written notice of cancellation to Buyer Buyer, and Xxxxx’s the deposit shall be returnedreturned to Buyer. However, if Xxxxxx Seller: (a) is able to cure the title objection on or before the closing date, or if (b) is able to insure the title objection is insurable and Xxxxx Buyer is willing to accept insurable title, then this contract Contract shall continue in force until the closing datecontinue, subject to the Seller curing the title objection and/or providing insurable title at Seller’s 's expense. If Seller fails to cure the title objection on or before the closing dateclosing, or, or if Buyer is unwilling to accept insurable title, Buyer may cancel this contract by giving prompt Contract upon written notice of cancellation to Seller and Xxxxx’s the deposit shall be returnedreturned to Buyer.
Appears in 2 contracts
Samples: Purchase and Sale Contract, Purchase and Sale Contract
Objections to Title. If Buyer raises a valid written objection to Seller’s title which indicates that the title to the property is unmarketable, then Seller may cancel this contract by giving prompt Contract upon written notice of cancellation to Buyer Buyer, and Xxxxx’s the deposit shall be returnedreturned to Buyer. However, if Xxxxxx Seller: (a) is able to cure the title objection on or before the closing date, or if (b) is able to insure the title objection is insurable and Xxxxx is willing to accept insurable title, then this contract Contract shall continue in force until the closing datecontinue, subject to the Seller curing the title objection and/or providing insurable title at Seller’s 's expense. If Seller fails to cure the title objection on or before the closing dateclosing, or, or if Buyer is unwilling to accept insurable title, Buyer may cancel this contract by giving prompt Contract upon written notice of cancellation to Seller and Xxxxx’s the deposit shall be returnedreturned to Buyer.
Appears in 2 contracts
Samples: Purchase and Sale Contract, Purchase and Sale Contract
Objections to Title. If Buyer raises a valid written objection to Seller’s 's title which indicates that the title to the property is unmarketable, then Seller may cancel this contract by giving prompt Contract upon written notice of cancellation to Buyer Buyer, and Xxxxx’s the deposit shall be returnedreturned to Buyer. However, if Xxxxxx Seller: (a) is able to cure the title objection on or before the closing date, or if (b) is able to insure the title objection is insurable and Xxxxx Buyer is willing to accept insurable title, then this contract Contract shall continue in force until the closing datecontinue, subject to the Seller curing the title objection and/or providing insurable title at Seller’s 's expense. If Seller fails to cure the title objection on or before the closing dateclosing, or, or if Buyer is unwilling to accept insurable title, Buyer may cancel this contract by giving prompt Contract upon written notice of cancellation to Seller and Xxxxx’s the deposit shall be returnedreturned to Buyer.
Appears in 1 contract
Samples: Purchase and Sale Contract
Objections to Title. If Buyer raises a valid written objection to Seller’s title which indicates that the title to the property is unmarketable, then Seller may cancel this contract by giving prompt Contract upon written notice of cancellation to Buyer Buyer, and Xxxxx’s the deposit shall be returnedreturned to Buyer. However, if Xxxxxx Seller: (a) is able to cure the title objection on or before the closing date, or if (b) is able to insure the title objection is insurable and Xxxxx Buyer is willing to accept insurable title, then this contract Contract shall continue in force until the closing datecontinue, subject to the Seller curing the title objection and/or providing insurable title at Seller’s Selle r's expense. If Seller fails to cure the title objection on or before the closing dateclosing, or, or if Buyer is unwilling to accept insurable title, Buyer may cancel this contract by giving prompt Contract upon written notice of cancellation to Seller and Xxxxx’s the deposit shall be returnedreturned to Buyer.
Appears in 1 contract
Samples: Purchase and Sale Contract
Objections to Title. If Buyer raises a valid written objection to Seller’s 's title which indicates that the title to the property is unmarketable, then Seller may cancel this contract by giving prompt Contract upon written notice of cancellation to Buyer Buyer, and Xxxxx’s the deposit shall be returnedreturned to Buyer. However, if Xxxxxx Seller: (a) is able to cure the title objection on or before the closing date, or if (b) is able to insure the title objection is insurable and Xxxxx is willing to accept insurable title, then this contract Contract shall continue in force until the closing datecontinue, subject to the Seller curing the title objection and/or providing insurable title at Seller’s 's expense. If Seller fails to cure the title objection on or before the closing dateclosing, or, or if Buyer is unwilling to accept insurable title, Buyer may cancel this contract by giving prompt Contract upon written notice of cancellation to Seller and Xxxxx’s the deposit shall be returnedreturned to Buyer.
Appears in 1 contract
Samples: Purchase and Sale Contract