Common use of Title Search Report Clause in Contracts

Title Search Report. ☐ Upon execution of this Agreement ☐ Within ______ days of the Effective date, the Seller must deliver to the Buyer a true and authentic Title Search Report, the cost of which shall be ☐ at the sole expense of the Seller ☐ at the sole expense of the Buyer ☐ at the expense of both the Buyer and the Seller, equally. Within ______ days from the receipt of the Title Search Report, the Buyer must notify the Seller of any matter contained therein that the Buyer finds unacceptable (“Notice of Objections”). Failure to do so shall be deemed conclusively as acceptance of the title as stated in the Title Search Report. The Seller shall have ________ days after receiving the Notice of Objections to remedy all problems therein. In the event that the Seller fails to remedy the problems stated in the Notice of Objections, the Buyer may, in the Buyer’s sole discretion, accept the Title as it is and proceed with the purchase under this Agreement, or terminate this Agreement and recover the Xxxxxxx Money, costs incurred in relation to this Agreement and _____________________________.

Title Search Report. ☐ Upon execution of this Agreement ☐ Within ______ days of the Effective date, the Seller must deliver to the Buyer a true and authentic Title Search Report, the cost of which shall be ☐ at the sole expense of the Seller ☐ at the sole expense of the Buyer ☐ at the expense of both the Buyer and the Seller, equally. Within ______ days from the receipt of the Title Search Report, the Buyer must notify the Seller of any matter contained therein that the Buyer finds unacceptable (“Notice of Objections”). Failure to do so shall be deemed conclusively as acceptance of the title as stated in the Title Search Report. The Seller shall have ________ days after receiving the Notice of Objections to remedy all problems therein. In the event that the Seller fails to remedy the problems stated in the Notice of Objections, the Buyer may, in the Buyer’s sole discretion, accept the Title as it is and proceed with the purchase under this Agreement, or terminate this Agreement and recover the Xxxxxxx Money, costs incurred in relation to this Agreement and _____________________________.and