Close of Escrow definition

Close of Escrow means the date of the close of escrow between the builder and the original homeowner. With respect to claims by an association, as defined in Section 4080, “close of escrow” means the date of substantial completion, as defined in Section 337.15 of the Code of Civil Procedure, or the date the builder relinquishes control over the association’s ability to decide whether to initiate a claim under this title, whichever is later.

Close of Escrow or “Closing” means the date Escrow Holder records the Deed in favor of Buyer. The Closing shall take place on the Closing Date set forth in Section 1.5.1, as the same may be extended, provided all conditions to the Closing have been satisfied or duly waived as provided herein.

Close of Escrow means the consummation of the purchase of the Property by Buyer from Seller and the recordation of Seller's Grant Deed(s) in accordance with the terms and provisions of this Agreement. 1.8

Examples of Close of Escrow in a sentence

• The term of this Agreement shall commence upon the date first written above, and shall expire on the earlier of: (i) the Close of Escrow, as will be defined in the DDA; or (ii) the termination of this Agreement by either party upon 5 days prior advance written notice to the other party (“Term”).

• All representations and warranties made by SELLER in this Agreement shall be true and correct in all material respects on and as of the Close of Escrow, as if made on and as of such date.

• All representations and warranties contained in this Section 12(a) are true and correct on the date hereof and on the date of the Close of Escrow and shall survive the Close of Escrow.

• At the Close of Escrow under the Purchase/Sale Agreement, Assignee shall cause Escrow Holder to return the Deposit to Assignor.

• Time is of the essence with respect to the Close of Escrow and all of the provisions of this Agreement.

More Definitions of Close of Escrow

Close of Escrow means the fulfillment of the Escrow terms and conclusion of the Escrow, including, without limitation, the execution of unexecuted documents, the recordation of documents specified for recording, the issuance of title insurance policies, the payment of fees and the delivery of funds and documents as directed in the escrow instructions for the Escrow. The Close of Escrow shall occur on the Closing Date.

Close of Escrow are terms used interchangeably in this Agreement. The Closing or the Close of Escrow will be deemed to have occurred when the Grant Deed is recorded in the official records of the county in which the Property is located.

Close of Escrow means the moment when all the parties to escrow have fully performed their respective duties as provided in paragraphs (d) and (e) below, respectively, and the Escrow Holder has filed the documents for record and made distributions. Title shall be conveyed and possession delivered to Buyer upon Close of Escrow and recordation of the grant deed.

Close of Escrow shall have the meaning set forth in SECTION 4.7.2.

Close of Escrow or “Closing” means the date Escrow Holder disburses funds in accordance with this Agreement and is irrevocably committed to record the Deed in favor of Buyer.

Close of Escrow means the time of recording of the Grant Deed in the Official Records.

Close of Escrow and "Closing" means the date the Seller's Grant Deed and any other documents to be recorded on closing pursuant to the terms hereof are filed for record.