Common use of Off-Record Title Clause in Contracts

Off-Record Title. Seller must deliver to Buyer, on or before Off-Record Title Deadline, true copies of all existing surveys in Seller’s possession pertaining to the Property and must disclose to Buyer all easements, liens (including, without limitation, governmental improvements approved, but not yet installed) or other title matters (including, without limitation, rights of first refusal and options) not shown by public records, of which Seller has actual knowledge (Off-Record Matters). This Section excludes any New ILC or New Survey governed under § 9 (New ILC, New Survey). Xxxxx has the right to inspect the Property to investigate if any third party has any right in the Property not shown by public records (e.g., unrecorded easement, boundary line discrepancy or water rights). Buyer’s Notice to Terminate or Notice of Title Objection of any unsatisfactory condition (whether disclosed by Seller or revealed by such inspection, notwithstanding § 8.2 (Record Title) and § 13 (Transfer of Title)), in Buyer’s sole subjective discretion, must be received by Seller on or before Off-Record Title Objection Deadline. If an Off-Record Matter is received by Buyer after the Off-Record Title Deadline, Xxxxx has until the earlier of Closing or ten days after receipt by Buyer to review and object to such Off-Record Matter. If Seller receives Buyer’s Notice to Terminate or Notice of Title Objection pursuant to this § 8.3 (Off-Record Title), any title objection by Xxxxx is governed by the provisions set forth in § 8.5 (Right to Object to Title, Resolution). If Seller does not receive Buyer’s Notice to Terminate or Notice of Title Objection by the applicable deadline specified above, Xxxxx accepts title subject to such Off-Record Matters and rights, if any, of third parties not shown by public records of which Xxxxx has actual knowledge.

Off-Record Title. Seller must shall deliver to Buyer, on or before Off-Record Title DeadlineDeadline (§ 3), true copies of all 306 existing surveys in Seller’s 's possession pertaining to the Property and must shall disclose to Buyer all easements, liens (including, 307 without limitation, governmental improvements approved, but not yet installed) or other title matters (including, without 308 limitation, rights of first refusal and options) not shown by public records, of which Seller has actual knowledge (Off-Record 309 Matters). This Section excludes any New ILC or New Survey governed under § 9 (New ILC, New Survey). Xxxxx Buyer has the right to inspect the Property to investigate if any third party par!Y has any right in the Property not shown by 310 public records (e.g.such as an unrecorded easement, unrecorded easementlease, boundary line discrepancy or water rights). Buyer’s 's Notice to 311 Terminate or Notice of Title Objection of any unsatisfactory condition (whether disclosed by Seller or revealed by such inspection, 312 notwithstanding § 8.2 (Record Title) and § 13 (Transfer of Title)13), in Buyer’s 's sole subjective discretion, must shall be received by Seller on or before Off-Record Title Objection Deadline. If an Off-Record Matter is received by Buyer after the Off-Record Title Deadline, Xxxxx has until the earlier of Closing or ten days after receipt by Buyer to review and object to such Off-Record Matter313 Deadline (§ 3). If Seller receives Buyer’s 's Notice to Terminate or Notice of Title Objection pursuant to this § 8.3 8.2 (Off-Record 314 Title), any title objection by Xxxxx is Buyer and this Contract shall be governed by the provisions set forth in § 8.5 8.3 (Right to Object to Title, 315 Resolution). If Seller does not receive Buyer’s 's Notice to Terminate or Notice of Title Objection by the applicable deadline specified aboveon or before Off-Record Title 316 Objection Deadline (§ 3), Xxxxx Buyer accepts title subject to such Off-Record Matters and rights, if any, of third parties not shown by public records of which Xxxxx Buyer has actual knowledge. 317 Unless disclosed in writing, Seller represents and warrants that there are no Off-Record Matters.

Off-Record Title. Seller must deliver to Buyer, on or before Off-Record Title Deadline, true copies of all existing 268 surveys in Seller’s possession pertaining to the Property and must disclose to Buyer all easements, liens (including, without 269 limitation, governmental improvements approved, but not yet installed) or other title matters (including, without limitation, rights 270 of first refusal and options) not shown by public records, of which Seller has actual knowledge (Off-Record Matters). This Section 271 excludes any New ILC or New Survey governed under § 9 (New ILC, New Survey). Xxxxx has the right to inspect the Property to 272 investigate if any third party has any right in the Property not shown by public records (e.g., unrecorded easement, boundary line 273 discrepancy or water rights). Buyer’s Notice to Terminate or Notice of Title Objection of any unsatisfactory condition (whether 274 disclosed by Seller or revealed by such inspection, notwithstanding § 8.2 (Record Title) and § 13 (Transfer of Title)), in Buyer’s 275 sole subjective discretion, must be received by Seller on or before Off-Record Title Objection Deadline. If an Off-Record Matter 276 is received by Buyer after the Off-Record Title Deadline, Xxxxx has until the earlier of Closing or ten days after receipt by Buyer Xxxxx 277 to review and object to such Off-Record Matter. If Seller receives Buyer’s Notice to Terminate or Notice of Title Objection 278 pursuant to this § 8.3 (Off-Record Title), any title objection by Xxxxx is governed by the provisions set forth in § 8.5 (Right to 279 Object to Title, Resolution). If Seller does not receive Buyer’s Notice to Terminate or Notice of Title Objection by the applicable 280 deadline specified above, Xxxxx accepts title subject to such Off-Record Matters and rights, if any, of third parties not shown by 281 public records of which Xxxxx has actual knowledge.

Off-Record Title. Seller must deliver to Buyer, on or before Off-Record Title Deadline, true copies of all existing 205 surveys in Seller’s possession pertaining to the Property and must disclose to Buyer all easements, liens (including, without limitation, 206 governmental improvements approved, but not yet installed) or other title matters (including, without limitation, rights of first refusal 207 and options) not shown by public records, of which Seller has actual knowledge (Off-Record Matters). This Section excludes any 208 New ILC or New Survey governed under § 9 (New ILC, New Survey). Xxxxx has the right to inspect the Property to investigate if any 209 third party has any right in the Property not shown by public records (e.g., unrecorded easement, boundary line discrepancy or water 210 rights). Buyer’s Notice to Terminate or Notice of Title Objection of any unsatisfactory condition (whether disclosed by Seller or 211 revealed by such inspection, notwithstanding § 8.2 (Record Title) and § 13 (Transfer of Title)), in BuyerXxxxx’s sole subjective discretion, 212 must be received by Seller on or before Off-Record Title Objection Deadline. If an Off-Record Matter is received by Buyer after the 213 Off-Record Title Deadline, Xxxxx has until the earlier of Closing or ten days after receipt by Buyer to review and object to such Off-Off- 214 Record Matter. If Seller receives Buyer’s Notice to Terminate or Notice of Title Objection pursuant to this § 8.3 (Off-Record Title), 215 any title objection by Xxxxx is governed by the provisions set forth in § 8.5 (Right to Object to Title, Resolution). If Seller does not 216 receive Buyer’s Notice to Terminate or Notice of Title Objection by the applicable deadline specified above, Xxxxx accepts title 217 subject to such Off-Record Matters and rights, if any, of third parties not shown by public records of which Xxxxx has actual 218 knowledge.. 219 220 A tax certificate from the respective county treasurer listing any special taxing districts that effect the Property (Tax 221 Certificate) must be delivered to Buyer on or before Record Title Deadline. If the Property is located within a special taxing 222 district and such inclusion is unsatisfactory to Buyer, in Xxxxx’s sole subjective discretion, Buyer may object, on or before Record

Off-Record Title. Seller must deliver to Buyer, on or before Off-Record Title Deadline, true copies of all existing surveys in Seller’s possession pertaining to the Property and must disclose to Buyer all easements, liens (including, without limitation, governmental improvements approved, but not yet installed) or other title matters (including, without limitation, rights of first refusal and options) not shown by public records, of which Seller has actual knowledge (Off-Record Matters). This Section excludes any New ILC or New Survey governed under § 9 (New ILC, New Survey). Xxxxx Buyer has the right to inspect the Property to investigate if any third party has any right in the Property not shown by public records (e.g., unrecorded easement, boundary line discrepancy or water rights). Buyer’s Notice to Terminate or Notice of Title Objection of any unsatisfactory condition (whether disclosed by Seller or revealed by such inspection, notwithstanding § 8.2 (Record Title) and § 13 (Transfer of Title)), in Buyer’s sole subjective discretion, must be received by Seller on or before Off-Record Title Objection Deadline. If an Off-Record Matter is received by Buyer after the Off-Record Title Deadline, Xxxxx Buyer has until the earlier of Closing or ten days after receipt by Buyer to review and object to such Off-Record Matter. If Seller receives Buyer’s Notice to Terminate or Notice of Title Objection pursuant to this § 8.3 (Off-Record Title), any title objection by Xxxxx Buyer is governed by the provisions set forth in § 8.5 (Right to Object to Title, Resolution). If Seller does not receive Buyer’s Notice to Terminate or Notice of Title Objection by the applicable deadline specified above, Xxxxx Buyer accepts title subject to such Off-Record Matters and rights, if any, of third parties not shown by public records of which Xxxxx Buyer has actual knowledge.

Off-Record Title. Seller must deliver to Buyer, on or before Off-Record Title Deadline, true copies of all existing 268 surveys in Seller’s possession pertaining to the Property and must disclose to Buyer all easements, liens (including, without 269 limitation, governmental improvements approved, but not yet installed) or other title matters (including, without limitation, rights 270 of first refusal and options) not shown by public records, of which Seller has actual knowledge (Off-Record Matters). This Section 271 excludes any New ILC or New Survey governed under § 9 (New ILC, New Survey). Xxxxx Buyer has the right to inspect the Property to 272 investigate if any third party has any right in the Property not shown by public records (e.g., unrecorded easement, boundary line 273 discrepancy or water rights). Buyer’s Notice to Terminate or Notice of Title Objection of any unsatisfactory condition (whether 274 disclosed by Seller or revealed by such inspection, notwithstanding § 8.2 (Record Title) and § 13 (Transfer of Title)), in Buyer’s 275 sole subjective discretion, must be received by Seller on or before Off-Record Title Objection Deadline. If an Off-Record Matter 276 is received by Buyer after the Off-Record Title Deadline, Xxxxx Buyer has until the earlier of Closing or ten days after receipt by Buyer 277 to review and object to such Off-Record Matter. If Seller receives Buyer’s Notice to Terminate or Notice of Title Objection 278 pursuant to this § 8.3 (Off-Record Title), any title objection by Xxxxx Buyer is governed by the provisions set forth in § 8.5 (Right to 279 Object to Title, Resolution). If Seller does not receive Buyer’s Notice to Terminate or Notice of Title Objection by the applicable 280 deadline specified above, Xxxxx Buyer accepts title subject to such Off-Record Matters and rights, if any, of third parties not shown by 281 public records of which Xxxxx Buyer has actual knowledge.