Title Policy and Survey. A. TITLE POLICY: Seller shall furnish to Buyer at Seller’s Buyer’s expense an owner policy of title insurance (Title Policy) issued by (Title Company) in the amount of the Sales Price, dated at or after closing, insuring Buyer against loss under the provisions of the Title Policy, subject to the promulgated exclusions (including existing building and zoning ordinances) and the following exceptions:
(1) Restrictive covenants common to the platted subdivision in which the Property is located.
(2) The standard printed exception for standby fees, taxes and assessments.
(3) Liens created as part of the financing described in Paragraph 3.
(4) Utility easements created by the dedication deed or plat of the subdivision in which the Property is located.
(5) Reservations or exceptions otherwise permitted by this contract or as may be approved by Xxxxx in writing.
(6) The standard printed exception as to marital rights.
(7) The standard printed exception as to waters, tidelands, beaches, streams, and related matters.
(8) The standard printed exception as to discrepancies, conflicts, shortages in area or boundary lines, encroachments or protrusions, or overlapping improvements:
(i) will not be amended or deleted from the title policy; or
(ii) will be amended to read, "shortages in area" at the expense of Buyer Seller.
(9) The exception or exclusion regarding minerals approved by the Texas Department of Insurance.
Title Policy and Survey. (Check all that apply)
A. TITLE POLICY - Builder shall furnish to Buyer at Builder’s Buyer’s expense an owner policy of title insurance (Title Policy) issued by (Title Company) in the amount of the Total Sales Price, dated at or after Closing, insuring Buyer against loss under the provisions of the Title Policy, subject to the promulgated exclusions (including existing building and zoning ordinances) and the following exceptions:
1) Restrictive covenants applicable to the platted subdivision in which the Property is located.
2) The standard printed exception for standby fees, taxes and assessments.
3) Liens created as part of the financing described in this Contract.
4) Utility easements created by the dedication deed or plat of the subdivision in which the Property is located.
5) Reservations or exceptions otherwise permitted by this Contract or as may be approved by Buyer in writing.
6) The standard printed exception as to discrepancies, conflicts, shortages in area or boundary lines, encroachments or protrusions, or overlapping improvements. Buyer, at Buyer’s expense, may have the exception amended to read only, “shortages in area.”
7) The standard printed exception as to marital rights.
8) The standard printed exception as to waters, tidelands, beaches, streams, and related matters.
B. COMMITMENT - Within twenty (20) days after the Title Company receives a copy of this Contract, Builder shall furnish to Buyer a commitment for title insurance (Commitment) and, at Buyer’s expense, legible copies of restrictive covenants and documents evidencing exceptions in the Commitment other than the standard printed exceptions. Builder authorizes the Title Company to mail or hand deliver the Commitment and related documents to Buyer at Buyer’s address shown below. If the Commitment is not delivered to Buyer within the specified time, the time for delivery will be automatically extended up to 15 days.
C. SURVEY - Buyer, at Buyer’s cost and option, may obtain a survey (Survey) of the Property. The Survey must be made by a registered professional land surveyor acceptable to the Title Company and any applicable lender. Utility easements created by the dedication deed and plat of the subdivision in which the Property is located will not be a basis for objection. (Check one box only)
1) Buyer may obtain a Survey from a third-party surveyor;
2) Builder agrees to order a Survey of the Property at Buyer’s expense;
3) Builder agrees to provide a copy of the existing Survey of...
Title Policy and Survey. A. TITLE POLICY: Seller shall furnish to Buyer at Seller’s Buyer’s expense an owner policy of title insurance (Title Policy) issued by: (Title Company) in the amount of the Sales Price, dated at or after closing, insuring Buyer against loss under the provisions of the Title Policy, subject to the promulgated exclusions (including existing building and zoning ordinances) and the following exceptions: (1) The standard printed exception for standby fees, taxes and assessments.
Title Policy and Survey. Tenant shall have the right, at its sole expense, to obtain a survey of the Premises and title insurance coverage of its interest in the Premises, and the interest of any Lender. Landlord shall have no obligation to provide Tenant with any such survey or title insurance.
Title Policy and Survey. At Closing, LVSC shall cause Fidelity National Title Insurance Company (the “Title Insurer”) to issue an ALTA 2006 extended coverage owner’s policy of title insurance, in the amount of (a) Seventy-Seven Million Five Hundred Thousand and No/100 Dollars ($77,500,000.00) plus (b) the estimated cost of the construction of the Stadium, or such lesser amount which the Authority may reasonably require, insuring that fee simple title to the Property is vested in the Authority, subject only to the Permitted Exceptions, and containing such endorsements reasonably requested by the Authority, all in form and substance reasonably acceptable to the Authority (the “Title Policy”). Prior to Closing and in furtherance of the Title Policy, LVSC shall also cause to be delivered to the Authority and the Title Insurer an ALTA/NSPS survey for the Property, prepared by a surveyor licensed in the State of Nevada and reasonably acceptable to the Authority, which survey shall utilize a current title commitment for the Property issued by the Title Insurer, be certified to the Authority and the Title Insurer, and otherwise be in a form and substance acceptable to the Authority and the Title Insurer.
Title Policy and Survey. Purchaser shall have until the end of the Due Diligence Period to obtain, at Purchaser’s sole cost and expense, (i) a commitment (the “Title Commitment”) for an ALTA Form B Owner’s Title Insurance Policy (10-17-70 amended 10-17-84) for the Land, the Beach Easement, the Parking Easement and Covenant and Easement Agreement (the “Title Policy”) issued by the Title Company in the full amount of the Purchase Price covering title to the Land on or after the date hereof, showing Seller as owner of the Land, subject only to the Permitted Exceptions, and (ii) copies of all documents of record referenced in Schedule B, Section 2 of the Title Commitment. The Title Commitment shall commit to insure Purchaser’s fee interest in the Land together with the easement rights in the Beach Easement, the Parking Easement and the Covenant and Easement Agreement. Upon Closing, the Title Policy shall insure Purchaser’s fee interest in the Land, together with the easement rights in the Beach Easement, the Parking Easement and the Covenant and Easement Agreement. The Title Policy shall not include any of the general exceptions which shall be deleted. The Title Policy shall include the following endorsements: (i) a contiguity endorsement insuring that all parcels comprising the Land, if necessary; (ii) a survey endorsement; (iii) a Florida Form 9 endorsement and (v) such other endorsements as Purchaser shall reasonably request. During the Due Diligence Period, Purchaser, at its sole cost and expense, shall use commercially reasonable efforts to obtain and deliver to the Title Company and Seller a survey (“Survey”) prepared by a registered Florida surveyor, which shall show all improvements as completed and in accordance with such standards as shall be determined by Purchaser. The Survey shall be certified to Purchaser, Seller and the Title Company and shall be otherwise reasonably acceptable to Purchaser. Purchaser shall have until the expiration of the Due Diligence Period to deliver to Seller written objections with respect to matters disclosed in the Title Commitment and Survey other than the Permitted Exceptions. In the event Purchaser does not object to any matters shown in the Title Commitment and Survey prior to the expiration of the Due Diligence Period, Purchaser shall be deemed to have waived such objections and same shall be deemed Permitted Exceptions for all purposes under this Agreement. Such objections shall be specific and must state in reasonable detail what Purchase...
Title Policy and Survey. (a) The Title Company shall be prepared, subject only to payment of the applicable premium and delivery of all conveyance documents, to issue the title policy pursuant to the Title Commitment as marked up at closing.
(b) Purchaser shall have received the Survey in accordance with Section 2.4.
Title Policy and Survey. As an accommodation to Buyer, Buyer may obtain a title commitment and any supporting documentation in order to evaluate the status of title to the Property prior to Closing. Notwithstanding the above, the Property is being sold in “As-Is Where- Is” condition. As provided in the Bid Invitation, the Seller makes no warranties or representations regarding the existence or quality of any right, title, claim or interest of the Seller in or to the Property.
Title Policy and Survey. Purchaser shall have obtained the Title Policy and the Survey.
Title Policy and Survey. (a) Within forty-five (45) days of the date of this Agreement, the Company shall deliver to the Parent (i) a complete title search issued by a title insurance company, reasonably acceptable to Parent ("Title Insurer"), for an ALTA form of owner's policy of title insurance, committing the Title Insurer to issue such policy at Closing, insuring the Parent as the holder of a fee simple title to the Owned Real Property, as defined below, in an amount equal to the fair market value of the Owned Real Property as agreed upon by the Company and the Parent or, if the Company and the Parent are not able to so agree, as determined by a third party, independent real property appraiser, such insurance to meet he requirements set forth in the following paragraph (the "Title Commitment"), and (ii) copies of all recorded documents affecting the Owned Real Property that constitute encumbrances against the Owned Real Property or exceptions to the Company's title. If the Title Commitment shall contain any encumbrances or exceptions (other than the Permitted Title Exceptions, as defined below) to which the Parent has objections, Parent shall notify the Company of such objections in
