Common use of TITLE EVIDENCE AND INSURANCE Clause in Contracts

TITLE EVIDENCE AND INSURANCE. CHECK (1) OR (2): (1) Seller will provide a Paragraph 8(a)(1) owner's title insurance commitment as title evidence. [X]Seller [ ] Buyer will select the title agent. [X] Seller [ ] Buyer will pay for the owner's title policy, search, examination and related charges. Each party will pay its own closing fees. (2) Seller will provide title evidence as specified in Paragraph 8(a)(2). [ ] Seller [ ] Buyer will pay for the owner's title policy and select the title agent. Seller will pay fees for title searches prior to closing, including tax search and lien search fees, and Buyer will pay fees for title searches after closing (if any), title examination fees and closing fees.