Common use of Title and Closing Clause in Contracts

Title and Closing. The Purchaser acknowledges and agrees that The Purchaser shall not have the right to direct title into the name of any other person or entity who is not also contractually bound as a Purchaser pursuant to this Agreement. The Purchaser shall advise the Vendor at least 60 days prior to the Closing Date, of any typos or mistakes in the Purchaser(s) name as noted on the Agreement of Purchase and Sale and if the Purchaser will be taking title as Tenants in Common or as Joint Tenants, failing which the Vendor will convey title to the Purchaser set forth and named in this Agreement, and that the Purchasers will hold title as Tenants in Common.

Appears in 4 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!