Common use of Title and Closing Services Clause in Contracts

Title and Closing Services. 1.3.1 Secure preliminary title reports for each parcel from a City approved Title Company and secure title report updates when requested by City. Request title insurance from the Title Company if requested by City for parcels closing by Easement and Commissioner Awards. 1.3.1.1 The charges from the Title Company for the preliminary title reports, title insurance and closing costs will be paid by HDR and HDR reimbursed by City. 1.3.2 Analyze preliminary title report to determine potential title problems, propose and inform City Staff of methods to cure title deficiencies. 1.3.3 The curative services necessary to provide clear title to City is the responsibility of HDR. 1.3.4 HDR will contact the Title Company to obtain an updated title commitment along with other forms required to close parcels with clear title. 1.3.5 HDR will provide closing services in conjunction with the Title Company and will be required to attend closings. 1.3.6 Any fee related to obtaining certified court documents and fees for recording same which are not collected at the closing of the parcel shall be paid by HDR and HDR reimbursed by City. 1.3.7 HDR shall cause the recordation of all original instruments immediately after closing at the respective County Clerk’s Office. The cost of the recording fees and filing fees are paid by HDR and HDR will be reimbursed by City.