Examples of Title and Survey in a sentence
During the Title and Survey Review Period, Purchaser shall review title to the Property as disclosed by the Title Commitment and the Survey.
It is established under the Land Title and Survey Authority Act and has responsibility for managing, operating and maintaining British Columbia’s land title and land survey systems.
The Land Title and Survey Authority of British Columbia (the “LTSA”) is an independent, not-for- profit corporation without share capital.
In the event Seller is unable or unwilling to attempt to eliminate or modify all of Purchaser's Title and Survey Objections to the reasonable satisfaction of Purchaser, Seller shall provide written notice to Purchaser of those objections Seller will not attempt or be able to cure ("SELLER'S NOTICE") within ten (10) business days after Seller's receipt of Purchaser's Title and Survey Objections.
Seller, at its sole option, may attempt to eliminate or modify all or a portion of Purchaser's Title and Survey Objections to Purchaser's reasonable satisfaction prior to the Closing Date or within such additional period of time (up to thirty (30) days in the aggregate thereafter), for which Seller shall have the right to adjourn the Closing.
If Purchaser does not provide a New Title and Survey Response Notice to Seller within such time period, Purchaser shall be deemed to have elected to proceed to Closing pursuant to clause (II) of the preceding sentence.
If Purchaser sends such notice to Seller, Purchaser and Seller shall have the same rights and obligations with respect to such notice as apply to Purchaser's Title and Survey Objections under Section 5.1.2 above.
Title to the Property shall be conveyed to Purchaser at Closing in fee simple by a Special Warranty Deed (as hereinafter more particularly set forth), free and clear of any and all liens, mortgages, deeds of trust, security interests and other encumbrances, except for those items identified in the owner's title insurance commitment and not contained in the Purchaser's Title and Survey Objections as defined below .
The parties shall then have thirty (30) days after the date of such Title and Survey Notice to make such arrangements or take such steps as they shall mutually agree to satisfy Purchaser's objection(s).
If Purchaser sends such notice to Seller, Purchaser and Seller shall have the same rights and obligations with respect to such notice as apply to Purchaser's Title and Survey Objections under Subsection 5.1.2 above.