Current Title Policy definition

Current Title Policy. As defined in Section 1.5(b)(i).

Examples of Current Title Policy in a sentence

  • To the best of Buyer's knowledge, the status of title to the Mortgaged Property is as reflected in that certain Owner's Policy of Title Insurance issued by Lawyer's Title Insurance Corporation, dated July 30, 1998 (the "Current Title Policy"), a true and correct copy of which Buyer has delivered to Seller.

  • To the best of Buyer's knowledge, the status of title to the Mortgaged Property is as reflected in that certain Owner's Policy of Title Insurance issued by Lawyer's Title Insurance Corporation, dated July 30, 1998 (the "Current Title Policy"), a true and -------------------- correct copy of which Buyer has delivered to Seller.

Related to Current Title Policy

  • Existing Title Policy means, the existing title insurance policy for the Property.

  • Title Policy shall have the meaning set forth in Section 4.2.

  • Title Policies has the meaning set forth in Section 6.17.

  • Owner’s Title Policy means those certain ALTA extended coverage owner’s policies of title insurance issued in connection with the closing of the Mortgage Loan insuring the Mortgage Borrower as the owner of the Property.

  • Title Insurance Policy A title insurance policy maintained with respect to a Mortgage Loan.

  • Title Insurance An American Land Title Association (ALTA) mortgage loan title policy form 1970, or other form of Title Insurance Policy acceptable to FNMA or FHLMC, including all riders and endorsements thereto, insuring that the Security Instrument constitutes a valid first lien on the related Mortgaged Property subject only to permitted encumbrances.

  • Title Insurance Policies means, with respect to each Individual Property, an ALTA mortgagee title insurance policy in a form acceptable to Lender (or, if an Individual Property is in a State which does not permit the issuance of such ALTA policy, such form as shall be permitted in such State and acceptable to Lender) issued with respect to such Individual Property and insuring the lien of the Mortgage encumbering such Individual Property.

  • Title Insurer means First American Title Insurance Company.

  • Title Commitment shall have the meaning set forth in Section 4.2.

  • ALTA means American Land Title Association, or any successor thereto.

  • Title Company means First American Title Insurance Company.

  • Title Commitments has the meaning set forth in Section 5.9.

  • Title Insurance Company means the company that has or will issue the title policies with respect to a Leased Property, which company shall be reasonably acceptable to the Funding Parties.

  • CLTA The California Land Title Association.

  • Title insurance agent means an agent licensed in the Commonwealth to sell, solicit, or negotiate

  • Survey shall have the meaning set forth in Section 4.1.

  • Existing Mortgage has the meaning specified in Section 5.02(a)(vi).

  • Mortgage Policies has the meaning specified in Section 6.13(b)(ii).

  • Title V means Title V of the federal Act for the Senior Community Service Employment Program for Older Americans.

  • Permitted Title Exceptions means those exceptions to title to the Real Property that are satisfactory to the Acquiror as determined pursuant to Section 2.2.

  • Permitted Exceptions shall have the meaning set forth in Section 4.3.

  • Title Report has the meaning set forth in Section 5.4(b).

  • Mortgage Policy has the meaning specified in Section 4.01(a)(iv)(B).

  • Existing Property means all property against which ad valorem property taxes were levied by a local unit for its concluding fiscal year, minus all property that is considered losses for purposes of ad valorem property tax levies of the local unit for the ensuing fiscal year.

  • Existing Survey means the existing ALTA survey of the Property.

  • Release Property has the meaning set forth in Section 2.5.