Common use of TITLE EVIDENCE AND INSURANCE Clause in Contracts

TITLE EVIDENCE AND INSURANCE. At least (if blank, then 5) days prior to Closing Date, a title 112 insurance commitment issued by a Florida licensed title insurer, with legible copies of instruments listed as 113 exceptions attached thereto (“Title Commitment”) and, after Closing, an owner’s policy of title insurance (see 114 STANDARD A for terms) shall be obtained and delivered to Buyer. If Seller has an owner’s policy of title 115 insurance covering the Real Property, a copy shall be furnished to Buyer and Closing Agent within 5 days after 116 Effective Date. The owner’s title policy premium and charges for owner’s policy endorsements, title search, 117 and closing services (collectively, “Owner’s Policy and Charges”) shall be paid, as set forth below 118 (CHECK ONE): 119* (i) Seller will designate Closing Agent and pay for Owner’s Policy and Charges (but not including charges 120 for closing services related to Buyer’s lender’s policy and endorsements and loan closing, which amounts 121 shall be paid by Buyer to Closing Agent or such other provider(s) as Buyer may select); or 122* (ii) Buyer will designate Closing Agent and pay for Owner’s Policy and Charges and charges for closing 123 services related to Buyer’s lender’s policy, endorsements, and loan closing; or 124* (iii) [MIAMI-DADE/BROWARD REGIONAL PROVISION]: Seller will furnish a copy of a prior owner’s policy 125 of title insurance or other evidence of title and pay fees for: (A) a continuation or update of such title evidence, 126 which is acceptable to Buyer’s title insurance underwriter for reissue of coverage; (B) tax search; and 127 (C) municipal lien search. Buyer shall obtain and pay for post-Closing continuation and premium for Buyer’s 128 owner’s policy, and if applicable, Buyer’s lender’s policy. Seller shall not be obligated to pay more than 129* $ (if blank, $200.00) for abstract continuation or title search ordered or performed by Closing 130 Agent.

Appears in 2 contracts

Samples: cdn.cocodoc.com, cashhomebuyersorlando.com

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TITLE EVIDENCE AND INSURANCE. At least (if left blank, then 5) days prior to Closing Date, a title 112 151 insurance commitment issued by a Florida licensed title insurer, with legible copies of instruments listed as 113 152 exceptions attached thereto (“Title Commitment”) and, after Closing, an owner’s policy of title insurance (see 114 153 STANDARD A for terms) shall be obtained and delivered to Buyer. If Seller has an owner’s policy of title 115 insurance 154 covering the Real Property, a copy shall be furnished to Buyer and Closing Agent within 5 days after 116 Effective Date. 155 The owner’s title policy premium and charges for owner’s policy endorsementspremium, title search, 117 municipal lien search and closing services (collectively, “Owner’s 156 Policy and Charges”) shall be paid, as set forth below 118 157 (CHECK ONE): 119* 158 (i) Seller will shall designate Closing Agent and pay for Owner’s Policy and Charges (but not including charges 120 for 159 closing services related to Buyer’s lender’s policy and endorsements and loan closing, which amounts 121 shall be paid 160 by Buyer to Closing Agent or such other provider(s) as Buyer may select); or 122* 161 (ii) Buyer will shall designate Closing Agent and pay for Owner’s Policy and Charges and charges for closing 123 162 services related to Buyer’s lender’s policy, endorsements, and loan closing; or 124* 163 (iii) [MIAMI-DADE/BROWARD REGIONAL PROVISION]: Seller will shall furnish a copy of a prior owner’s policy 125 of 164 title insurance or other evidence of title and pay fees for: (A) a continuation or update of such title evidence, 126 which 165 is acceptable to Buyer’s title insurance underwriter for reissue of coverage; (B) tax search; and 127 (C) municipal lien 166 search. Buyer shall obtain and pay for post-Closing continuation and premium for Buyer’s 128 owner’s policy, and if 167 applicable, Buyer’s lender’s policy. Seller shall not be obligated to pay more than 129* $ (if left blank, 168 then $200.00) for abstract continuation or title search ordered or performed by Closing 130 Agent.

Appears in 1 contract

Samples: rpptl.org

TITLE EVIDENCE AND INSURANCE. At least (if left blank, then 5) days prior to Closing Date, a title 112 151 insurance commitment issued by a Florida licensed title insurer, with legible copies of instruments listed as 113 152 exceptions attached thereto (“Title Commitment”) and, after Closing, an owner’s policy of title insurance (see 114 153 STANDARD A for terms) shall be obtained and delivered to Buyer. If Seller has an owner’s policy of title 115 insurance 154 covering the Real Property, a copy shall be furnished to Buyer and Closing Agent within 5 days after 116 Effective Date. 155 The owner’s title policy premium and charges for owner’s policy endorsementspremium, title search, 117 municipal lien search and closing services (collectively, “Owner’s 156 Policy and Charges”) shall be paid, as set forth below 118 157 (CHECK ONE): 119* 158 (i) Seller will shall designate Closing Agent and pay for Owner’s Policy and Charges (but not including charges 120 for 159 closing services related to BuyerXxxxx’s lender’s policy and endorsements and loan closing, which amounts 121 shall be paid 160 by Buyer to Closing Agent or such other provider(s) as Buyer may select); or 122* 161 (ii) Buyer will shall designate Closing Agent and pay for Owner’s Policy and Charges and charges for closing 123 162 services related to BuyerXxxxx’s lender’s policy, endorsements, and loan closing; or 124* 163 (iii) [MIAMI-DADE/BROWARD REGIONAL PROVISION]: Seller will shall furnish a copy of a prior owner’s policy 125 of 164 title insurance or other evidence of title and pay fees for: (A) a continuation or update of such title evidence, 126 which 165 is acceptable to Buyer’s title insurance underwriter for reissue of coverage; (B) tax search; and 127 (C) municipal lien 166 search. Buyer shall obtain and pay for post-Closing continuation and premium for Buyer’s 128 owner’s policy, and if 167 applicable, BuyerXxxxx’s lender’s policy. Seller shall not be obligated to pay more than 129* $ (if left blank, 168 then $200.00) for abstract continuation or title search ordered or performed by Closing 130 Agent.

Appears in 1 contract

Samples: www.rpptl.org

TITLE EVIDENCE AND INSURANCE. At least (if left blank, then 5) days prior to Closing Date, a title 112 137 insurance commitment issued by a Florida licensed title insurer, with legible copies of instruments listed as 113 138 exceptions attached thereto (“Title Commitment”) and, after Closing, an owner’s policy of title insurance (see 114 139 STANDARD A for terms) shall be obtained and delivered to Buyer. If Seller has an owner’s policy of title 115 insurance 140 covering the Real Property, a copy shall be furnished to Buyer and Closing Agent within 5 days after 116 Effective Date. 141 The owner’s title policy premium and charges for owner’s policy endorsementspremium, title search, 117 search and closing services (collectively, “Owner’s Policy and Charges”) shall 142 be paid, as set forth below 118 143 (CHECK ONE): 119* 144 (i) Seller will shall designate Closing Agent and pay for Owner’s Policy and Charges (but not including charges 120 for 145 closing services related to Buyer’s lender’s policy and endorsements and loan closing, which amounts 121 shall be paid 146 by Buyer to Closing Agent or such other provider(s) as Buyer may select); or 122* 147 (ii) Buyer will shall designate Closing Agent and pay for Owner’s Policy and Charges and charges for closing 123 148 services related to Buyer’s lender’s policy, endorsements, and loan closing; or 124* 149 (iii) [MIAMI-DADE/BROWARD REGIONAL PROVISION]: Seller will shall furnish a copy of a prior owner’s policy 125 of 150 title insurance or other evidence of title and pay fees for: (A) a continuation or update of such title evidence, 126 which 151 is acceptable to Buyer’s title insurance underwriter for reissue of coverage; (B) tax search; and 127 (C) municipal lien 152 search. Buyer shall obtain and pay for post-Closing continuation and premium for Buyer’s 128 owner’s policy, and if 153 applicable, Buyer’s lender’s policy. Seller shall not be obligated to pay more than 129* $ (if left blank, 154 then $200.00) for abstract continuation or title search ordered or performed by Closing 130 Agent.

Appears in 1 contract

Samples: blog.grupozap.com

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TITLE EVIDENCE AND INSURANCE. At least (if left blank, then 5) days prior to Closing Date, a title 112 149 insurance commitment issued by a Florida licensed title insurer, with legible copies of instruments listed as 113 150 exceptions attached thereto (“Title Commitment”) and, after Closing, an owner’s policy of title insurance (see 114 151 STANDARD A for terms) shall be obtained and delivered to Buyer. If Seller has an owner’s policy of title 115 insurance 152 covering the Real Property, a copy shall be furnished to Buyer and Closing Agent within 5 days after 116 Effective Date. 153 The owner’s title policy premium and charges for owner’s policy endorsementspremium, title search, 117 municipal lien search and closing services (collectively, “Owner’s 154 Policy and Charges”) shall be paid, as set forth below 118 155 (CHECK ONE): 119* 156 (i) Seller will shall designate Closing Agent and pay for Owner’s Policy and Charges (but not including charges 120 for 157 closing services related to Buyer’s lender’s policy and endorsements and loan closing, which amounts 121 shall be paid 158 by Buyer to Closing Agent or such other provider(s) as Buyer may select); or 122* 159 (ii) Buyer will shall designate Closing Agent and pay for Owner’s Policy and Charges and charges for closing 123 160 services related to Buyer’s lender’s policy, endorsements, and loan closing; or 124* 161 (iii) [MIAMI-DADE/BROWARD REGIONAL PROVISION]: Seller will shall furnish a copy of a prior owner’s policy 125 of 162 title insurance or other evidence of title and pay fees for: (A) a continuation or update of such title evidence, 126 which 163 is acceptable to Buyer’s title insurance underwriter for reissue of coverage; (B) tax search; and 127 (C) municipal lien 164 search. Buyer shall obtain and pay for post-Closing continuation and premium for Buyer’s 128 owner’s policy, and if 165 applicable, Buyer’s lender’s policy. Seller shall not be obligated to pay more than 129* $ (if left blank, 166 then $200.00) for abstract continuation or title search ordered or performed by Closing 130 Agent.

Appears in 1 contract

Samples: www.floridaforboomers.com

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