Common use of Exceptions to Title Clause in Contracts

Exceptions to Title. Buyer shall be obligated to accept title to the Property, subject only to the following exceptions to title: (a) Real estate taxes and assessments not yet due and payable; (b) The printed exceptions which appear in the standard ALTA form owner's policy of title insurance with extended coverage (if requested by Buyer) issued by Title Company in the State of Alabama; and (c) The Permitted Exceptions. Conclusive evidence of the availability of such title, and a condition to Buyer's obligation to close, shall be the irrevocable commitment of Title Company to issue to Buyer on the Closing Date an ALTA owner's title insurance policy with extended coverage (if requested by Buyer) in the standard form issued in the State of Alabama ("Owner's Policy"), in the face amount of the Purchase Price, which policy shows (i) title to the Property to be vested of record in Buyer, and (ii) the above exceptions to be the only exceptions to title.

Exceptions to Title. Seller shall deliver title to the Property at closing, and Buyer shall be obligated to accept title to the Property, subject only to the following exceptions to title: (a) Real estate taxes and assessments not yet due and payable; ; (b) The printed exceptions which appear in the standard ALTA form owner's policy of title insurance with extended coverage (if requested by Buyer) issued by Title Company in the State of AlabamaCalifornia; and and (c) The Permitted ExceptionsSuch exceptions to title as may be approved by Buyer pursuant to the provisions of subparagraph A(1) above. Conclusive evidence of the availability of such title, and a condition to Buyer's obligation to close, title shall be the irrevocable commitment willingness of Title Company to issue to Buyer on the Closing Date an ALTA owner's title insurance policy with extended coverage (if requested by Buyer) in the standard form issued in the State of Alabama California ("Owner's Policy"), in the face amount of the Purchase Price, which policy shows shall show (i) title to the Property to be vested of record in Buyer, and (ii) the above exceptions to be the only exceptions to title.

Exceptions to Title. Buyer shall be obligated to accept title to the Property, subject only to the following exceptions to title: (a) Real estate taxes and assessments not yet due and payable; ; (b) The printed exceptions which appear in the standard form ALTA form owner's policy of title insurance with extended coverage (if requested by Buyer) issued by Title Company in the State of AlabamaWashington; and and (c) The Permitted ExceptionsSuch exceptions to title as have been (or may hereafter be) approved by Buyer pursuant to the provisions of subparagraphs A(1) and A(2) above. Conclusive evidence of the availability of such title, and a condition to Buyer's obligation to close, title shall be the irrevocable commitment willingness of Title Company to issue to Buyer on the Closing Date an ALTA owner's title insurance policy with extended coverage (if requested by Buyer) in the standard form issued in the State of Alabama Washington ("Owner's PolicyOWNER'S POLICY"), in the face amount of the Purchase Price, which policy shows shall show (i) title to the Property to be vested of record in Buyer, and (ii) the above exceptions to be the only exceptions to title. B. COMPLETED DUE DILIGENCE REVIEWS.

Exceptions to Title. Buyer shall be obligated to accept title to the Property, subject only to the following exceptions to title: (a) Real estate taxes and assessments not yet due and payable; (b) The printed exceptions "exclusions from coverage" which appear in the standard ALTA T-1 form owner's policy of title insurance with extended coverage (if requested by Buyer) issued by Title Company in the State of Alabama; andTexas; (c) The Such exceptions to title as may be approved by Buyer pursuant to the provisions of subparagraph A(1) above, including the Permitted Exceptions. Conclusive evidence of the availability of such title, and a condition to Buyer's obligation to close, title shall be the irrevocable commitment willingness of Title Company to issue to Buyer on the Closing Date an ALTA owner's title insurance policy with extended coverage (if requested issued by Buyer) the Title Company in the standard T-1 form issued in the State of Alabama ("Owner's Policy"), in the face amount of the Purchase Price, which policy shows (i) title to the Property to be vested of record in Buyer, and (ii) the above exceptions to be the only exceptions to title.