Closing of Title Clause Samples

Closing of Title. 10.1 Title shall be closed at Seller's offices, the office of Seller's attorney or at other such location as Seller may designate. The actual closing date ("Closing Date") is estimated to be the "on or about" date set forth on the cover sheet of this Agreement. The actual Closing Date may differ from the "on or about" date due to delays caused by Seller's contractors or subcontractors, inclement weather, labor disputes, utility hook-ups, suppliers of materials to Seller, governmental regulation, or shortage of labor and/or materials. Seller shall, in Seller's sole discretion, determine the Closing Date based on when the permanent certificate of occupancy or temporary certificate of occupancy is issued for the Property. If the dwelling to be erected on the Property is not complete and ready for occupancy on the "on or about" date estimated for closing of title, Purchaser will accept the deed and pay the consideration on the date when the Property is completed and is ready for occupancy, without abatement, i.e. reduction in the purchase price, subject to the provisions of Paragraph 24 of this Agreement. Closing shall occur at least ten (10) business days after the date of written notice (which may be by regular mail) from Seller to Purchaser notifying Purchaser that a permanent or temporary certificate of occupancy has been issued by the municipality, time being of the essence as to the Purchaser's obligation to close. "Time Being of the Essence" means that if the Purchaser does not close within the required time period, the Purchaser will not have the right to extend the closing date and shall be deemed to be in default. Seller shall designate in the written notice the time and place of closing. If Seller is ready to close on this date and if Purchaser fails to close at the date, time and place specified by Seller, Seller shall have the option of either declaring this Agreement in default pursuant to Paragraph 18 or charging Purchaser an amount equal to seventy-five ($75.00) dollars per day commencing on the fifth business day after the closing date set forth in the written notice from Seller until, and including, the date of actual title closing. This sum of seventy-five ($75.00) dollars per day is intended to be liquidated damages to compensate Seller because Seller's actual damages incurred due to Purchaser's delay in closing of title are not measurable. This sum shall be due and payable in full at closing and shall not exceed ten percent (10%) of the Pu...

Closing of Title. Title shall be closed and the Deed shall be delivered to Purchaser within 60 days of the full execution of this Agreement. Closing shall take place at the offices of the State Agriculture Development Committee, Market and ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇.

Closing of Title. The closing documents referred to in para. 6 shall be delivered, and payment of the balance of the Purchase Price shall be made, at The Closing, to be held on   at  ., at the offices of   or at the office of Purchaser’s lending institution or its counsel; provided, however, that such office is located in either the City or County in which either (a) Seller’s attorney maintains an office or (b) the Unit is located.

Closing of Title. A. At Closing, Seller shall furnish to Buyer a Special Warranty Deed or its local equivalent. B. In the event the Seller is required to provide a gap indemnity to the Title Company, such indemnity shall not exceed ten (10) days. Docusign Envelope ID: EF5167DF-A28D-4237-B143-F04C0FB5BB9F C. Close of Escrow shall not occur on the last three business days of the month. In the event the Closing Date falls on the last three business days of the month or Holiday, the Close of Escrow will be automatically extended to the next business day without further acknowledgement or acceptance needed by the Buyer or Seller. D. The seller requires 48 hours to receive and review the closing package prior to scheduled closing date. If not received, closing to move to the next business day. E. Buyer agrees to transfer or switch all utilities (including water, sewer, gas, electricity, trash) to Buyer’s name on the date of Close of Escrow. F. Post-Close of Escrow, the Seller will not have any further responsibilities or potential liabilities related to Property, including any unknown or contingent obligations that might arise later based on the terms of the Agreement.

Closing of Title. The closing documents referred to in para. 6 shall be delivered, and payment of the balance of the Purchase Price shall be made, at The Closing, to be held on

Closing of Title. 7.1 It is agreed by the Parties hereto that the closing of title (the “Closing”) shall take place at the offices of the counsel for the Township: ▇▇▇▇▇▇▇▇▇ & Scotland, L.L.C., ▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, Roseland, NJ 07068 or at such other location as designated by the Township, at 10:00 a.m., on or before the ( ) day after the expiration of the Due Diligence Period without termination of this Agreement by the Township, as hereinafter defined, and the satisfaction of the conditions precedent to Closing more fully set forth in Article 16 below (the “Closing Date”) in accordance with the terms of this Agreement. 7.2 On the Closing Date, the Seller shall deliver to the Township the following: a) A fully and properly executed bargain and sale deed with covenants against grantor’s acts, in recordable form to convey title to the Property; b) An executed Affidavit of Title in form and substance reasonably acceptable to the Township and its Title Company; c) An Internal Revenue Code Section 1445 Affidavit; d) Closing Statement; e) Corporate resolution approving this transaction and authorizing officers of Seller to take such acts and to execute and deliver such documents as are needed to effectuate same; f) A properly completed and executed Affidavit of Consideration or Exemption and GIT/REP Form 1, 2 or 3; g) Evidence of ISRA compliance, if applicable; and h) Any other necessary documents reasonably required by the Township, its attorney, or the Title Company; 7.3 The Township will pay for all recording fees and realty transfer taxes, if any, incidental to conveying title to the Township. It is expressly understood and agreed, however, that each Party shall be solely responsible for its own attorney fees.

Closing of Title. The closing of the transaction contemplated by this Agreement (herein sometimes referred to as the "Closing") shall take place on a date mutally agreed to by the parties, but in no event later than January 10, 2017 (the "Closing Date"), TIME BEING OF THE ESSENCE. The Closing shall be held in escrow through the Title Company (in the office in which the Escrow Agent is located) by delivery of the closing documents to the Title Company at least one (1) business day prior to the Closing (and delivery of funds to the Title Company on the Closing Date), or at such other place and/or by such other manner as the parties hereto may mutually agree.

Closing of Title. The closing of title shall take place at the offices of the Purchaser, Seller Coventry Town Hall, ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇, within ten (10) days of the issuance of a Certificate of Occupancy referenced in Paragraph 4(f) above or on such other date as agreed to by the parties in accordance with the terms of this Agreement. At the Closing, all documents required to be executed and delivered under the terms hereof shall be delivered.

Closing of Title. Closing of title (herein referred to as the "Closing") shall take place at the office of the Title Company on December 11, 1997 (herein referred to as the "Closing Date") at 10:00 a.m., or such earlier date as the Purchaser shall notify the Seller, such notice to be in writing and received by the Seller at least seven (7) business days prior to the Closing Date, at which ▇▇▇▇ ▇▇▇▇▇▇ and Purchaser will deliver to each other the items set forth in Exhibit C annexed hereto and made a part hereof. Upon delivery of the Deed to Purchaser, Purchaser shall immediately be charged with constructive possession of the entire Property.