Common use of Objection to Title Clause in Contracts

Objection to Title. If the purchaser raises a valid written objection to seller's title which means that the title to the property is unmarketable, sellers may cancel this contract by giving prompt written notice of cancellation to the purchaser. Purchaser's deposit will be returned. However, if sellers give written notice within five days that sellers will cure the problem prior to the closing date, then this contract shall continue in force until the closing date subject to sellers performing as promised. If sellers fail to cure the problem(s) within such time, the purchaser will not be obligated to purchase and his deposit will be returned.

Objection to Title. If the purchaser Buyer raises a valid written objection to sellerSeller's title which means that the title to the property is unmarketable, sellers Seller may cancel this contract by giving prompt written notice of cancellation to the purchaser. Purchaser's deposit will be returnedBuyer. However, if sellers give Seller gives written notice within five (5) days that sellers Seller will cure the problem prior to the closing date, then this contract shall continue in force until the closing date date, subject to sellers Seller performing as promised. If sellers fail Seller fails to cure the problem(s) problem within such time, the purchaser Buyer will not be obligated to purchase the property and his any deposit will shall be returnedreturned together with reimbursement for the reasonable cost of having the title examined.

Objection to Title. If the purchaser ▇▇▇▇▇ raises a valid written objection to sellerSeller's title which means that the title to the property is unmarketable, sellers Seller may cancel this contract by giving prompt written notice of cancellation to the purchaser. Purchaser's deposit will be returnedBuyer. However, if sellers give Seller gives written notice within five (5) days that sellers Seller will cure the problem prior to the closing date, then this contract shall continue in force until the closing date date, subject to sellers Seller performing as promised. If sellers fail Seller fails to cure the problem(s) problem within such time, the purchaser Buyer will not be obligated to purchase the property and his any deposit will shall be returned.