Common Contracts
1 similar Land Purchase Agreement contracts
ADDENDUM TO THE VACANT LAND PURCHASE AGREEMENT AND JOINT ESCROW INSTRUCTIONSLand Purchase Agreement • July 17th, 2015
No escrow will close, funds will not be released from escrow, and title shall not be conveyed to buyer until “proper releases” [as defined in Regulation 2791.1] have been obtained from any and all “blanket encumbrances” [as defined in B&P Code Section 11013]; provided, however, escrow may close, funds released, and title conveyed even though no proper release has been obtained from the lien or charge of one or more deeds of trust if the buyer is notified that a “release agreement” [as defined in Regulation 2791.1], duly deposited with the escrow holder, is available to the buyer on request for each such deed of trust and the buyer has been provided a policy of title insurance insuring the buyer against loss by reason of each such deed of trust.
