TITLE TO PROPERTY AND TITLE INSURANCE. (a) Seller has, or shall have at Closing, free title to the Property and agrees to convey such title to Buyer by general warranty deed, free of financial encumbrances as warranted under Section 10.6; (b) Seller agrees to pay for, and furnish Buyer at Closing with, a current standard form Owner's policy of title insurance in the amount of the Total Purchase Price; (c) the title policy shall conform with Seller's obligations under subsections (a)and(b).Unless otherwise agreed under Section 8.4, the commitment shall conform with the title insurance commitment provided under Section 7.
Appears in 2 contracts
Samples: Real Estate Purchase Contract (Cyberamerica Corp), Real Estate Purchase Contract (Cyberamerica Corp)
TITLE TO PROPERTY AND TITLE INSURANCE. (a) Seller has, or shall have at Closing, free fee title to the Property and agrees to convey such title to Buyer by [ x ] general [ ] special warranty deed, free of financial encumbrances incumbrance as warranted under Section 10.6; (b) Seller agrees to pay for, and furnish Buyer at Closing with, a current standard form Ownerowner's policy of title insurance in the amount of the Total Purchase PriceTOTAL PURCHASE PRICE; (cC) the title policy shall conform with Seller's obligations under subsections (a)and(b).Unless a) and (b). Unless otherwise agreed under Section subsection 8.4, the commitment shall conform with the title insurance commitment provided under Section 7.7.1
Appears in 1 contract
Samples: Cyberamerica Corp
TITLE TO PROPERTY AND TITLE INSURANCE. (a) Seller has, or shall have at Closing, free fee title to the Property and agrees to convey such title to Buyer by |X| general | | special warranty deed, free of financial encumbrances as warranted under Section 10.6; (b) Seller agrees to pay for, and furnish Buyer at Closing with, a current standard form Ownerowner's policy of title insurance in the amount of the Total Purchase PriceTOTAL PURCHASE PRICE; (c) the title policy shall conform with Seller's obligations under subsections (a)and(b).Unless a) and (b). Unless otherwise agreed under Section subsection 8.4, the commitment shall conform with the title insurance commitment provided under Section 77.1.
Appears in 1 contract
Samples: Real Estate Purchase Contract (Dynatec International Inc)