Common use of Owner’s Extended Coverage (OEC Clause in Contracts

Owner’s Extended Coverage (OEC. The Title Commitment n Shall o Shall Not commit to delete or insure 226 over the standard exceptions which relate to: (1) parties in possession, (2) unrecorded easements, (3) survey matters, (4) 227 unrecorded mechanics' liens, (5) gap period (effective date of commitment to date deed is recorded), and (6) unpaid taxes, 228 assessments and unredeemed tax sales prior to the year of Closing (OEC).

Appears in 1 contract

Samples: Real Estate Purchase and Sales Agreement (Wells Real Estate Fund Viii Lp)

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Owner’s Extended Coverage (OEC. The Title Commitment n Shall o Shall Not commit to delete or insure 226 224 over the standard exceptions which relate to: (1) parties in possession, (2) unrecorded easements, (3) survey matters, (4) 227 225 unrecorded mechanics' liens, (5) gap period (effective date of commitment to date deed is recorded), and (6) unpaid taxes, 228 226 assessments and unredeemed tax sales prior to the year of Closing (OEC).

Appears in 1 contract

Samples: demo.bullformscolorado.com

Owner’s Extended Coverage (OEC. The Title Commitment n Shall o Shall Not commit to delete or insure 226 245 over the standard exceptions which relate to: (1) parties in possession, (2) unrecorded easements, (3) survey matters, (4) 227 246 unrecorded mechanics' liens, (5) gap period (effective date of commitment to date deed is recorded), and (6) unpaid taxes, 228 247 assessments and unredeemed tax sales prior to the year of Closing (OEC).

Appears in 1 contract

Samples: demo.bullformscolorado.com

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Owner’s Extended Coverage (OEC. The Title Commitment n Shall o Shall Not commit to delete or insure 226 244 over the standard exceptions which relate to: (1) parties in possession, (2) unrecorded easements, (3) survey matters, (4) 227 245 unrecorded mechanics' liens, (5) gap period (effective date of commitment to date deed is recorded), and (6) unpaid taxes, 228 246 assessments and unredeemed tax sales prior to the year of Closing (OEC).

Appears in 1 contract

Samples: frascona.com

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