TITLE CORRECTIONS AND REMEDIES. Seller shall have 90 days from receipt of Xxxxx's written title objections to make title marketable. Upon receipt of Buyer's title objections, Seller shall within ten (10) business days, notify Buyer of Seller's intention to make title marketable within the 90 day period. Liens or encumbrances for liquidated amounts which can be released by payment or escrow from proceeds of closing shall not delay the closing. Cure of the defects by Seller shall be reasonable, diligent and prompt. Pending correction of title, all payments required herein and the closing shall be postponed.
Appears in 2 contracts
Samples: Minnesota Standard Purchase Agreement, Minnesota Standard Purchase Agreement
TITLE CORRECTIONS AND REMEDIES. Seller shall have 90 days from receipt of Xxxxx's written title objections to make title marketable. Upon receipt of Buyer's title objections, Seller shall within ten (10) business days, notify Buyer of Seller's intention to make title marketable within the 90 90-day period. Liens or encumbrances for liquidated amounts which can be released by payment or escrow from proceeds of closing shall not delay the closing. Cure of the defects by Seller shall be reasonable, diligent diligent, and prompt. Pending correction of title, all payments required herein herein, and the closing shall be postponed.
Appears in 2 contracts
Samples: Real Estate Purchase Agreement, Minnesota Standard Purchase Agreement
TITLE CORRECTIONS AND REMEDIES. Seller shall have 90 days from receipt of XxxxxBuyer's written title objections to make title marketable. Upon receipt of Buyer's title objections, Seller shall within ten (10) business days, notify Buyer of Seller's intention to make title marketable within the 90 90-day period. Liens or encumbrances for liquidated amounts which can be released by payment or escrow from proceeds of closing shall not delay the closing. Cure of the defects by Seller shall be reasonable, diligent diligent, and prompt. Pending correction of title, all payments required herein herein, and the closing shall be postponed.
Appears in 1 contract
TITLE CORRECTIONS AND REMEDIES. Seller shall have 90 120 days from receipt of XxxxxBuyer's written title objections to make title marketable. Upon receipt of Buyer's title objections, Seller shall shall, within ten (10) business days, notify Buyer of Seller's intention to make title marketable within the 90 120 day period. Liens or encumbrances for liquidated amounts which can be released by payment or escrow from proceeds of closing shall not delay the closing. Cure of the defects by Seller shall be reasonable, diligent and promptat Seller's discretion. Pending correction of title, all payments required herein and the closing shall be postponed.
Appears in 1 contract
Samples: Purchase Agreement (Aei Real Estate Fund 86-a LTD Partnership)