Common use of Title Commitments and Surveys Clause in Contracts

Title Commitments and Surveys. (a) Seller shall cooperate with Buyer to obtain and deliver, for the benefit of Buyer and the cost of which is to be borne by Buyer, commitments of title insurance, each in a form and from a title insurance company satisfactory to Buyer, covering the Owned Real Property. Such commitments shall be delivered within 30 days of this Agreement. Each commitment shall be accompanied by one copy of all recorded documents relating to or affecting such property. (b) With respect to each parcel for which a commitment of title insurance is to be delivered pursuant to Section 5.13(a), if requested by Buyer, Seller shall obtain and deliver to Buyer at Buyer’s expense a survey, each in form and from a licensed surveyor satisfactory to Buyer. Such surveys shall be delivered as soon as reasonably practicable as determined by the availability of the particular surveyor identified by Buyer.