Closing Attorney definition
Examples of Closing Attorney in a sentence
The Closing Attorney shall make tax prorations based on the available tax information deemed reliable by the Closing Attorney.
The Closing Attorney shall not become the Holder unless the Closing Attorney has within three (3) business days from the date the Closing Attorney receives the Entire Contract the Closing Attorney has: a) signed this Escrow Agreement without modification (except for filling in the blanks contained herein); and b) delivered the same to Buyer and Seller.
The purchase price shall be paid in U.S. Dollars by such method of delivery acceptable to the Closing Attorney including, but not limited to, wire transfer of immediately available funds.
If ▇▇▇▇▇’s mortgage lender refuses to allow that Closing Attorney to close this transaction, ▇▇▇▇▇ shall select a different Closing Attorney acceptable to the mortgage lender.
This Escrow Agreement is hereby incorporated into the Agreement and together they shall bind Closing Attorney acting as ▇▇▇▇▇▇.
Other than those services specifically listed above, nothing herein shall obligate the Closing Attorney to perform other legal services, including, but not limited to, certifying or warranting title of the Property, for the Buyer, except pursuant to a separate engagement agreement signed by the Closing Attorney and the Buyer.
The Closing shall be the event in which the parties consummate the transaction set forth in this Agreement by: (1) the Seller tendering the deed referenced herein to the Property; (2) the Buyer paying the required consideration hereunder; (3) both parties properly signing all documents and paperwork as required by the Closing Attorney; and (4) both parties fulfilling other agreements set forth herein that must be fulfilled by the Closing (unless the same have been waived or amended).
Possession of the property will be given upon payment in full of the purchase price and subsequent recording of the property Deed by the Closing Attorney.
The Closing Attorney shall represent the mortgage lender in any transaction in which the Buyer obtains mortgage financing.
In transactions where the Buyer does not obtain mortgage financing, the Closing Attorney shall represent the Buyer in preparing the Closing documents, attempting to clear title of the Property to the satisfaction of the title insurance company, conducting the Closing, disbursing funds according to the settlement statement signed by the parties and Closing Attorney, timely recording deeds and issuing an owner’s title insurance policy.