Title Requirements. Such other documents as shall be reasonably required by the Title Company as called for or required under the terms of any title policy obtained or issued to Buyer.
Title Requirements. Any and all certificates, affidavits and other instruments and documents which the Title Company shall reasonably require to permit it to issue the Title Policy in the condition required herein; provided, however, that (a) Seller is given written notice by Title Company of the requirement of any such certificates, affidavits or other instruments and documents within a reasonably sufficient time in advance of the Scheduled Closing Date and (b) such incidental documents do not create any liability to Seller that is inconsistent with the liability retained by Seller under the terms of this Agreement;
Title Requirements. A. Title to the property shall be insurable and shall be conveyed from Seller to Buyer free and clear of all encumbrances except the Permitted Exceptions which are set forth as Exhibit "C" and to the extent not set forth on Exhibit "C":
Title Requirements. (a) A seller may not execute a contract for deed with a purchaser if the seller does not hold title to the property. If the title is not held in fee simple, free from any deeds of trust, mortgages, or other encumbrances evidencing or securing a monetary obligation which constitutes a lien on the property, the seller may execute a contract for deed only if the mortgage or encumbrance is in the name of the seller and meets at least one of the following conditions:
Title Requirements. Sellers shall / shall not furnish, at Seller’s cost, an owner’s policy of title insurance in the amount of the Purchase Price, Buyers having the right to review and approve such title policy prior to Closing. If objections are made to Title, Sellers shall have a reasonable time to cure the objections, however under no circumstance shall Seller be obligated to expend funds to cure defects, if any. If Buyer objects to title, Seller can terminate this Contract and return the Xxxxxxx Money.
Title Requirements. Such agreements, affidavits or other documents as may be required by the Title Company to issue the Owner's Title Policy including those endorsements required by Buyer, and to eliminate the standard exceptions as exceptions thereto, so that the Owner's Title Policy will be subject only to the Permitted Title Exceptions, including, without limitation, an appropriate mechanics' and construction lien, possession and gap affidavit.
Title Requirements. 15 4.2.1.21 Payoff Letters........................................16 4.2.1.22 Notices to Tenants....................................16 4.2.1.23 Opinion of Seller's Counsel...........................16
Title Requirements. Lender shall be furnished on the Closing Date with an ALTA loan policy (2006 Lender’s Policy Form) of title insurance with respect to the Security Instruments, issued to Lender by a title insurance company acceptable to Lender in the amount of the Loan insuring such Security Instrument, as of the date of the disbursement of the Loan, to be a first and prior lien upon the Land, containing such endorsements and such co-insurance or re-insurance as Lender may request, and showing title to be subject to no matters other than Permitted Encumbrances and those which may otherwise be approved, in writing, by Lender.
Title Requirements. The Title Company has provided a letter to Purchaser dated May 21, 2010, pursuant to which the Title Company has agreed to issue the Title Policies in the form of the “Pro Forma Policies” (as defined therein), a copy of which is attached hereto as Exhibit J (the “FATCO Letter”). Notwithstanding anything to the contrary set forth in Section 5.3 of the Agreement, Seller hereby agrees to satisfy all of the “Seller Delivery Requirements” set forth in Section 1 of Exhibit B to the FATCO Letter and its portion of the “Joint Delivery Requirements” set forth in Section 3 of Exhibit B to the FATCO Letter on or before the Closing Date. The definition of “Permitted Exceptions” in the last sentence of Section 5.3 of the Agreement is hereby amended and restated as follows:
Title Requirements. Title Insurer shall have issued prior to the date of the Earn-Out Advance (1) a continuation of title showing title to all Land and Improvements to be vested in Borrower, with no subordinate items and with no exceptions to the title of the Land and Improvements other than Permitted Encumbrances, and (2) an endorsement to each Title Insurance Policy issued by the Title Insurer insuring the continued priority of the lien of each Mortgage, subject only to Permitted Encumbrances, for the full amount of the Earn-Out Advance and the Loan Amount. Such continuation of title shall contain affirmative insurance that no mechanic's or supplier's liens have attached and, if available and applicable, that neither public nor private conditions, covenants or restrictions, if any, affecting the Land have been violated.
