Common use of Owner’s Extended Coverage Clause in Contracts

Owner’s Extended Coverage. (OEC). The Title Commitment Will Will Not contain Owner’s 310 Extended Coverage (OEC). If the Title Commitment is to contain OEC, it will commit to delete or insure over the standard 311 exceptions which relate to: (1) parties in possession, (2) unrecorded easements, (3) survey matters, (4) unrecorded mechanics’ liens, 312 (5) gap period (period between the effective date and time of commitment to the date and time the deed is recorded) and (6) unpaid 313 taxes, assessments and unredeemed tax sales prior to the year of Closing. Any additional premium expense to obtain OEC will be 314 paid by Buyer Seller One-Half by Buyer and One-Half by Seller Other . 315 Regardless of whether the Contract requires OEC, the Title Insurance Commitment may not provide OEC or delete or insure over 316 any or all of the standard exceptions for OEC. The Title Insurance Company may require a New Survey or New ILC, defined below, 317 among other requirements for OEC. If the Title Insurance Commitment is not satisfactory to Buyer, Xxxxx has a right to object under 318 § 8.5 (Right to Object to Title, Resolution).

Owner’s Extended Coverage. (OEC). The Title Commitment Will Will Not contain Owner’s 310 312 Extended Coverage (OEC). If the Title Commitment is to contain OEC, it will commit to delete or insure over the standard 311 313 exceptions which relate to: (1) parties in possession, (2) unrecorded easements, (3) survey matters, (4) unrecorded mechanics’ 314 liens, 312 (5) gap period (period between the effective date and time of commitment to the date and time the deed is recorded) and (6) 315 unpaid 313 taxes, assessments and unredeemed tax sales prior to the year of Closing. Any additional premium expense to obtain OEC 316 will be 314 paid by Buyer Seller One-Half by Buyer and One-Half by Seller Other . 315 317 Regardless of whether the Contract requires OEC, the Title Insurance Commitment may not provide OEC or delete or insure over 316 318 any or all of the standard exceptions for OEC. The Title Insurance Company may require a New Survey or New ILC, defined 319 below, 317 among other requirements for OEC. If the Title Insurance Commitment is not satisfactory to Buyer, Xxxxx has a right to 320 object under 318 § 8.5 (Right to Object to Title, Resolution).

Owner’s Extended Coverage. (OEC). The Title Commitment Will Will Not contain Owner’s 310 298 Extended Coverage (OEC). If the Title Commitment is to contain OEC, it will commit to delete or insure over the standard 311 299 exceptions which relate to: (1) parties in possession, (2) unrecorded easements, (3) survey matters, (4) unrecorded mechanics’ 300 liens, 312 (5) gap period (period between the effective date and time of commitment to the date and time the deed is recorded) and (6) 301 unpaid 313 taxes, assessments and unredeemed tax sales prior to the year of Closing. Any additional premium expense to obtain OEC ✔ 302 will be 314 paid by Buyer Seller One-Half by Buyer and One-Half by Seller Other . 315 303 Regardless of whether the Contract requires OEC, the Title Insurance Commitment may not provide OEC or delete or insure over 316 304 any or all of the standard exceptions for OEC. The Title Insurance Company may require a New Survey or New ILC, defined 305 below, 317 among other requirements for OEC. If the Title Insurance Commitment is not satisfactory to Buyer, Xxxxx Buyer has a right to 306 object under 318 § 8.5 (Right to Object to Title, Resolution).

Owner’s Extended Coverage. (OEC). The Title Commitment Will Will Not contain Owner’s 310 296 Extended Coverage (OEC). If the Title Commitment is to contain OEC, it will commit to delete or insure over the standard 311 297 exceptions which relate to: (1) parties in possession, (2) unrecorded easements, (3) survey matters, (4) unrecorded mechanics’ liens, 312 298 (5) gap period (period between the effective date and time of commitment to the date and time the deed is recorded) and (6) unpaid 313 299 taxes, assessments and unredeemed tax sales prior to the year of Closing. Any additional premium expense to obtain OEC will be 314 300 paid by Buyer Seller One-Half by Buyer and One-Half by Seller Other . 315 301 Regardless of whether the Contract requires OEC, the Title Insurance Commitment may not provide OEC or delete or insure over 316 302 any or all of the standard exceptions for OEC. The Title Insurance Company may require a New Survey or New ILC, defined below, 317 303 among other requirements for OEC. If the Title Insurance Commitment is not satisfactory to Buyer, Xxxxx has a right to object under 318 304 § 8.5 (Right to Object to Title, Resolution).

Owner’s Extended Coverage. (OEC). The Title Commitment Will Will Not contain Owner’s 310 287 Extended Coverage (OEC). If the Title Commitment is to contain OEC, it will commit to delete or insure over the standard 311 288 exceptions which relate to: (1) parties in possession, (2) unrecorded easements, (3) survey matters, (4) unrecorded mechanics’ liens, 312 289 (5) gap period (period between the effective date and time of commitment to the date and time the deed is recorded) and (6) unpaid 313 290 taxes, assessments and unredeemed tax sales prior to the year of Closing. Any additional premium expense to obtain OEC will be 314 291 paid by Buyer Seller One-Half by Buyer and One-Half by Seller Other . 315 292 Regardless of whether the Contract requires OEC, the Title Insurance Commitment may not provide OEC or delete or insure over 316 293 any or all of the standard exceptions for OEC. The Title Insurance Company may require a New Survey or New ILC, defined below, 317 294 among other requirements for OEC. If the Title Insurance Commitment is not satisfactory to Buyer, Xxxxx has a right to object under 318 295 § 8.5 (Right to Object to Title, Resolution).

Owner’s Extended Coverage. (OEC). The Title Commitment Will Will Not contain Owner’s 310 298 Extended Coverage (OEC). If the Title Commitment is to contain OEC, it will commit to delete or insure over the standard 311 299 exceptions which relate to: (1) parties in possession, (2) unrecorded easements, (3) survey matters, (4) unrecorded mechanics’ 300 liens, 312 (5) gap period (period between the effective date and time of commitment to the date and time the deed is recorded) and (6) 301 unpaid 313 taxes, assessments and unredeemed tax sales prior to the year of Closing. Any additional premium expense to obtain OEC 302 will be 314 paid by ✔ Buyer Seller One-Half by Buyer and One-Half by Seller Other . 315 303 Regardless of whether the Contract requires OEC, the Title Insurance Commitment may not provide OEC or delete or insure over 316 304 any or all of the standard exceptions for OEC. The Title Insurance Company may require a New Survey or New ILC, defined 305 below, 317 among other requirements for OEC. If the Title Insurance Commitment is not satisfactory to Buyer, Xxxxx has a right to 306 object under 318 § 8.5 (Right to Object to Title, Resolution).

Owner’s Extended Coverage. (OEC). The Title Commitment Will Will Not contain Owner’s 310 Extended Coverage (OEC). If the Title Commitment is to contain OEC, it will commit to delete or insure over the standard exceptions 311 exceptions which relate to: (1) parties in possession, (2) unrecorded easements, (3) survey matters, (4) unrecorded mechanics’ liens, 312 (5) gap 312 period (period between the effective date and time of commitment to the date and time the deed is recorded) and (6) unpaid 313 taxes, 313 assessments and unredeemed tax sales prior to the year of Closing. Any additional premium expense to obtain OEC will be 314 paid by 314 Buyer Seller One-Half by Buyer and One-Half by Seller Other . 315 Regardless of whether the Contract requires OEC, the Title Insurance Commitment may not provide OEC or delete or insure over 316 any or all of the standard exceptions for OEC. The Title Insurance Company may require a New Survey or New ILC, defined below, 317 among other requirements for OEC. If the Title Insurance Commitment is not satisfactory to Buyer, Xxxxx has a right to object under 318 § 8.5 (Right to Object to Title, Resolution).

Owner’s Extended Coverage. (OEC). The Title Commitment Will Will Not contain Owner’s 310 234 Extended Coverage (OEC). If the Title Commitment is to contain OEC, it will commit to delete or insure over the standard 311 235 exceptions which relate to: (1) parties in possession, (2) unrecorded easements, (3) survey matters, (4) unrecorded mechanics’ 236 liens, 312 (5) gap period (period between the effective date and time of commitment to the date and time the deed is recorded) and (6) 237 unpaid 313 taxes, assessments and unredeemed tax sales prior to the year of Closing. Any additional premium expense to obtain OEC 238 will be 314 paid by Buyer Seller One-Half by Buyer Xxxxx and One-Half by Seller Other N/A . 315 239 Regardless of whether the Contract requires OEC, the Title Insurance Commitment may not provide OEC or delete or insure over 316 240 any or all of the standard exceptions for OEC. The Title Insurance Company may require a New Survey or New ILC, defined 241 below, 317 among other requirements for OEC. If the Title Insurance Commitment is not satisfactory to Buyer, Xxxxx has a right to 242 object under 318 § 8.5 (Right to Object to Title, Resolution).

Owner’s Extended Coverage. (OEC). The Title Commitment Will Will Not contain Owner’s 310 234 Extended Coverage (OEC). If the Title Commitment is to contain OEC, it will commit to delete or insure over the standard 311 235 exceptions which relate to: (1) parties in possession, (2) unrecorded easements, (3) survey matters, (4) unrecorded mechanics’ 236 liens, 312 (5) gap period (period between the effective date and time of commitment to the date and time the deed is recorded) and (6) 237 unpaid 313 taxes, assessments and unredeemed tax sales prior to the year of Closing. Any additional premium expense to obtain OEC 238 will be 314 paid by Buyer Seller One-Half by Buyer and One-Half by Seller Other N/A . 315 239 Regardless of whether the Contract requires OEC, the Title Insurance Commitment may not provide OEC or delete or insure over 316 240 any or all of the standard exceptions for OEC. The Title Insurance Company may require a New Survey or New ILC, defined 241 below, 317 among other requirements for OEC. If the Title Insurance Commitment is not satisfactory to Buyer, Xxxxx Buyer has a right to 242 object under 318 § 8.5 (Right to Object to Title, Resolution).

Owner’s Extended Coverage. (OEC). The Title Commitment Will Will Not contain Owner’s 310 287 Extended Coverage (OEC). If the Title Commitment is to contain OEC, it will commit to delete or insure over the standard 311 288 exceptions which relate to: (1) parties in possession, (2) unrecorded easements, (3) survey matters, (4) unrecorded mechanics’ liens, 312 289 (5) gap period (period between the effective date and time of commitment to the date and time the deed is recorded) and (6) unpaid 313 290 taxes, assessments and unredeemed tax sales prior to the year of Closing. Any additional premium expense to obtain OEC will be 314 291 paid by Buyer Seller One-Half by Buyer and One-Half by Seller Other . 315 292 Regardless of whether the Contract requires OEC, the Title Insurance Commitment may not provide OEC or delete or insure over 316 293 any or all of the standard exceptions for OEC. The Title Insurance Company may require a New Survey or New ILC, defined below, 317 294 among other requirements for OEC. If the Title Insurance Commitment is not satisfactory to Buyer, Xxxxx Buyer has a right to object under 318 295 § 8.5 (Right to Object to Title, Resolution).

Owner’s Extended Coverage. (OEC). The Title Commitment Will Will Not contain Owner’s 310 334 Extended Coverage (OEC). If the Title Commitment is to contain OEC, it will commit to delete or insure over the standard 311 335 exceptions which relate to: (1) parties in possession, (2) unrecorded easements, (3) survey matters, (4) unrecorded mechanics’ 336 liens, 312 (5) gap period (period between the effective date and time of commitment to the date and time the deed is recorded),) and (6) 337 unpaid 313 taxes, assessments and unredeemed tax sales prior to the year of Closing. Any additional premium expense to obtain OEC 338 will be 314 paid by Buyer Seller One-Half by Buyer and One-Half by Seller 339 Other . 315 340 Regardless of whether the Contract requires OEC, the Title Insurance Commitment may not provide OEC or delete or insure over 316 341 any or all of the standard exceptions for OEC. The Title Insurance Company may require a New Survey or New ILC, defined 342 below, 317 among other requirements for OEC. If the Title Insurance Commitment is not satisfactory to Buyer, Xxxxx has a right to 343 object under 318 § 8.5 8.45 (Right to Object to Title, Resolution).

Owner’s Extended Coverage. (OEC). The Title Commitment Will Will Not contain Owner’s 310 Extended Coverage (OEC). If the Title Commitment is to contain OEC, it will commit to delete or insure over the standard exceptions 311 exceptions which relate to: (1) parties in possession, (2) unrecorded easements, (3) survey matters, (4) unrecorded mechanics’ liens, 312 (5) gap 312 period (period between the effective date and time of commitment to the date and time the deed is recorded) and (6) unpaid 313 taxes, 313 assessments and unredeemed tax sales prior to the year of Closing. Any additional premium expense to obtain OEC will be 314 paid by 314 Buyer Seller One-Half by Buyer and One-Half by Seller Other . 315 Regardless of whether the Contract requires OEC, the Title Insurance Commitment may not provide OEC or delete or insure over 316 any or all of the standard exceptions for OEC. The Title Insurance Company may require a New Survey or New ILC, defined below, 317 among other requirements for OEC. If the Title Insurance Commitment is not satisfactory to Buyer, Xxxxx Buyer has a right to object under 318 § 8.5 (Right to Object to Title, Resolution).

Owner’s Extended Coverage. (OEC). The Title Commitment Will Will Not contain Owner’s 310 287 Extended Coverage (OEC). If the Title Commitment is to contain OEC, it will commit to delete or insure over the standard 311 288 exceptions which relate to: (1) parties in possession, (2) unrecorded easements, (3) survey matters, (4) unrecorded mechanics’ liens, 312 289 (5) gap period (period between the effective date and time of commitment to the date and time the deed is recorded) and (6) unpaid 313 290 taxes, assessments and unredeemed tax sales prior to the year of Closing. Any additional premium expense to obtain OEC will be 314 291 paid by Buyer Seller One-Half by Buyer and One-Half by Seller Other N/A . 315 292 Regardless of whether the Contract requires OEC, the Title Insurance Commitment may not provide OEC or delete or insure over 316 293 any or all of the standard exceptions for OEC. The Title Insurance Company may require a New Survey or New ILC, defined below, 317 294 among other requirements for OEC. If the Title Insurance Commitment is not satisfactory to Buyer, Xxxxx has a right to object under 318 295 § 8.5 (Right to Object to Title, Resolution).