TITLE SEARCH Clause Samples
The TITLE SEARCH clause establishes the requirement for a thorough examination of public records to verify the legal ownership and status of a property’s title before a transaction is completed. Typically, this process involves reviewing deeds, mortgages, liens, and other encumbrances to ensure there are no unresolved claims or defects that could affect the buyer’s rights. By mandating a title search, the clause helps prevent future disputes over ownership and protects parties from unforeseen legal or financial liabilities related to the property.
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TITLE SEARCH. The following section provides the times for the Buyer’s lawyer to do the necessary searches and checks on the property. These will likely include matters such as checking the title to ensure that the Buyer is going to obtain good title and that there are no outstanding work orders.
TITLE SEARCH. The Purchaser shall examine the title to the Property at his own expense, and shall not call for the production of any surveys, title deeds, abstracts of title, grading, certificates, occupancy permits or certificates, nor any other proof or evidence of the title or occupiability of the Property, except such copies thereof as are in the Vendor’s possession. The Purchaser shall satisfy himself that the Property may be occupied in accordance with applicable municipal requirements and shall be allowed to submit his requisitions as to title and any other matters contemplated hereby, until fifteen (15) days prior to the Title Closing Date, and if within that time the Purchaser shall furnish the Vendor in writing with any valid objection to title, or to any outstanding work order, which the Vendor shall be unable or unwilling to remove, and which the Purchaser will not waive, then this Agreement shall, notwithstanding any intervening acts or negotiations, be null and void, and the deposits paid shall be returned without interest and without deduction save for any extras or changes ordered by the Purchaser and as yet unpaid, and the Vendor shall have no further obligation hereunder and shall not be liable for any costs or damage to the Purchaser. Save as to any valid objection so made within such time, the Purchaser shall be conclusively deemed to have accepted the title to the Property. The Purchaser further agrees to accept title from the registered owner of the Property and to accept such owner’s title covenants in lieu of the Vendor’s in the event that the Vendor is not the registered owner of the Property on the Title Closing Date. The Vendor shall be entitled to insert in the Transfer/Deed specific covenants by the Purchaser pertaining to any or all of the restrictions, easements, covenants and agreements referred to in this Agreement, and in such case, the Purchaser may be required to execute the Transfer/Deed prior to the Title Closing Date, and the Vendor may require in addition that the Purchaser deliver his separate written covenant on the Title Closing Date. The Purchaser shall not register, or cause to be registered, this Agreement on title to the Property and/or the Lands, nor any notice thereof, nor any caution or lis pendens with respect thereto, nor any certificate of pending litigation or other similar court process, until after the Title Closing Date, and any registration thereof in contravention of this provision shall constitute a fundamental...
TITLE SEARCH. Buyer shall be allowed until 6:00 p.m. on the.......................... day of................................., 20. , (Requisition Date) to examine the title to the property at Buyer’s own expense and until the earlier of: (i) thirty days from the later of the Requisition Date or the date on which the conditions in this Agreement are fulfilled or otherwise waived or; (ii) five days prior to completion, to satisfy Buyer that there are no outstanding work orders or deficiency notices affecting the property, and that its present use(. ) may be lawfully continued and that the principal building may be insured against risk of fire. Seller hereby consents to the municipality or other governmental agencies releasing to Buyer details of all outstanding work orders and deficiency notices affecting the property, and Seller agrees to execute and deliver such further authorizations in this regard as Buyer may reasonably require.
TITLE SEARCH. The Purchaser shall be allowed until 4:30 p.m. EST on the fifteenth (15th) day prior to the Completion Date (the “Requisition Deadline”) to examine the title to the Property at its own expense and to satisfy itself that there are no outstanding work orders or deficiency notices affecting the Property.
TITLE SEARCH. Buyer shall be allowed until 6:00 p.m. on the ......................... day of..................................., 20 , (Requisition Date) to examine the title to the property at his own expense and until the earlier of: (i) thirty days from the later of the Requisition Date or the date on which the conditions in this Agreement are fulfilled or otherwise waived or;
TITLE SEARCH. The Purchaser shall be entitled to first obtain, within ninety (90) consecutive days from the date of this Agreement, confirmation that the Seller possesses and can transfer good and marketable title to the Property, free of any restrictions or limitations.
TITLE SEARCH. Buyer shall be allowed until 6:00 p.m. on the .............. day of ......................................................., 20. , (Requisition Date)
TITLE SEARCH. Buyer shall be allowed until 6:00 p.m. on the ........................... day of..................................., 20. , (Requisition Date) to examine the title to the Property at ▇▇▇▇▇’s own expense and until the earlier of: (i) thirty days from the later of the Requisition Date or the date on which the conditions in this Agreement are fulfilled or otherwise waived or; (ii) five days prior to completion, to satisfy Buyer that there are no outstanding work orders or deficiency notices affecting the Property, and that its present use (. ) may be lawfully continued. If within that time any valid objection to title or to any outstanding work order or deficiency notice, or to the fact the said present use may not lawfully be continued, is made in writing to Seller and which Seller is unable or unwilling to remove, remedy or satisfy or obtain insurance save and except against risk of fire (Title Insurance) in favour of the Buyer and any mortgagee, (with all related costs at the expense of the Seller), and which Buyer will not waive, this Agreement notwithstanding any intermediate acts or negotiations in respect of such objections, shall be at an end and all monies paid shall be returned without interest or deduction and Seller, Listing Brokerage and Co-operating Brokerage shall not be liable for any costs or damages. Save as to any valid objection so made by such day and except for any objection going to the root of the title, Buyer shall be conclusively deemed to have accepted Seller’s title to the Property. Seller hereby consents to the municipality or other governmental agencies releasing to Buyer details of all outstanding work orders and deficiency notices affecting the Property, and ▇▇▇▇▇▇ agrees to execute and deliver such further authorizations in this regard as Buyer may reasonably require.
TITLE SEARCH. Buyer shall be allowed until 4:30 p.m. on the day being one week prior to the Completion Day (Requisition Date) to examine the title to the property at Buyer’s own expense and until the earlier of: (i) thirty days from the later of the Requisition Date or the date on which the conditions in this Agreement are fulfilled or otherwise waived or; (ii) five days prior to completion, to satisfy Buyer that there are no outstanding work orders or deficiency notices affecting the property, and that its present use (VACANT LOT ZONED..RD1.4 ) may be lawfully continued. Seller hereby consents to the municipality or other governmental agencies releasing to Buyer details of all outstanding work orders and deficiency notices affecting the property, and Seller agrees to execute and deliver such further authorizations in this regard as Buyer may reasonably require.
TITLE SEARCH. Buyer shall be allowed until 1:00 p.m. on the 27 day of June 2025, (Requisition Date) to examine the title to the property at his own expense and until the earlier of:
(I) thirty days from the later of the Requisition Date or the date on which the conditions in this Agreement are fulfilled or otherwise waived or; (ii) five days prior to completion, to satisfy himself that there are no outstanding work orders or deficiency notices affecting the property, that its present use ( ) may be lawfully continued and that the principal building may be insured against risk of fire. Seller hereby consents to the municipality or other governmental agencies releasing to Buyer details of all outstanding work orders affecting the property, and ▇▇▇▇▇▇ agrees to execute and deliver such further authorizations in this regard as Buyer may reasonably require.