Common use of Payment of Third Party Costs at Closing Clause in Contracts

Payment of Third Party Costs at Closing. All costs and expenses for obtaining all title abstracts, underlying exception documents, survey and subdivision approvals , title commitment costs and other customary closing costs charged by the Title Company (other than those costs paid to date by the Seller) shall be borne by the Buyer. In addition, the premium for an extended coverage owner’s policy of title insurance for the benefit of the Buyer shall be paid by the Buyer. Any premium for any endorsements desired by the Buyer and for any loan policy of title insurance in favor of the Buyer’s lender (if any) shall be paid by the Buyer.

Payment of Third Party Costs at Closing. All costs and expenses for obtaining all title abstracts, underlying exception documents, survey and subdivision approvals approvals, title commitment costs and other customary closing costs charged by the Title Company (other than those costs paid to date by the Seller) shall be borne by the Buyerapplicable Buyer requesting the same. In addition, the premium for an extended coverage owner’s policy of title insurance for the benefit of the a Buyer shall be paid by the such Buyer. Any premium for any endorsements desired by the such Buyer and for any loan policy of title insurance in favor of the such Buyer’s lender (if any) shall be paid by the such Buyer.