Common use of Title Insurance Notification Clause in Contracts

Title Insurance Notification. Purchaser may wish at Purchaser's expense to purchase owner's title insurance. Depending on the particular circumstances of the transaction, such insurance could include affirmative coverage against possible mechanics' and materialmen's liens for labor and materials performed prior to Settlement and which, though not recorded at the time of recordation of Purchaser's deed, could be subsequently recorded and would adversely affect Purchaser's title to the Property. The coverage afforded by such title insurance would be governed by the terms and conditions thereof, and the premium for obtaining such title insurance coverage will be determined by its coverage.

Title Insurance Notification. Purchaser Buyer may wish at Purchaser's Buyer’s expense to purchase owner's ’s title insurance. Depending on the particular circumstances of the transaction, such insurance could include affirmative coverage against possible mechanics' and materialmen's liens for labor and materials performed prior to Settlement and which, though not recorded at the time of recordation of Purchaser's the Buyer’s deed, could be subsequently recorded and would adversely affect Purchaser's Buyer’s title to the Property. The coverage afforded by such title insurance would will be governed by the terms and conditions thereof, and the premium for dollar amount of the cost of obtaining such title insurance coverage will be determined by its coverage.

Title Insurance Notification. Purchaser Buyer may wish at Purchaser's Buyer’s expense to purchase owner's ’s title insurance. Depending on the particular circumstances of the transaction, such insurance could include affirmative coverage against possible mechanics' and materialmen's liens for labor and materials performed prior to Settlement and which, though not recorded at the time of recordation of Purchaser's the Buyer’s deed, could be subsequently recorded and would adversely affect Purchaser's Xxxxx’s title to the Property. The coverage afforded by such title insurance would will be governed by the terms and conditions thereof, and the premium for dollar amount of the cost of obtaining such title insurance coverage will be determined by its coverage.