Common use of Title Requirements Clause in Contracts

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. The Sellers shall / shall not furnish, at Seller’s the Sellers’ cost, an owner’s policy of title insurance in the amount of the Purchase Price, the Buyers having the right to review and approve such title policy prior to Closing. If objections are made to Title, the Sellers shall have a reasonable amount of time to cure the objections, however . However under no circumstance shall the Seller be obligated to expend funds to cure defects, if any. If the Buyer objects to titleTitle, the Seller can terminate this the Contract and return the Xxxxxxx Money.