Title Objection, Right to Terminate Clause Samples

The "Title Objection, Right to Terminate" clause allows a party to object to defects or issues found in the title of a property and provides the right to terminate the agreement if those issues are not resolved. Typically, this clause outlines a process where the buyer reviews the title report, notifies the seller of any objections within a specified timeframe, and gives the seller an opportunity to cure the defects. If the seller cannot or does not resolve the title issues, the buyer may terminate the contract without penalty. This clause ensures that buyers are not forced to proceed with a transaction if the property’s title is not clear, thereby protecting them from inheriting legal or financial problems related to title defects.