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67-91 Purchase 14595 Madison
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67-91 Purchase 14595 Madison
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Last modified
5/14/2013 3:06:32 PM
Creation date
9/5/2003 10:14:13 AM
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Template:
Office Of Council
Document Type
Ordinances
Date
9/5/2003
Date Adopted
11/18/1991
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6. ESCROW PROCEDURE, A11 documents and <br />funds necessary to complete this transaction~shall be <br /> <br />placed in escrow with Resource Title Agency <br />Incorporated atleast five (5) days before closing. <br /> <br />Closing shall be <br />Seller's option, <br />after execution <br /> <br /> on DeCember 2, 1991, or earlier at <br /> <br /> but not less than sixty (60) days <br />of this agreement. This Agreement <br /> <br />shall be considered as escrow inStructions subject to <br />the EsCrow Agent's standard conditions of acceptance <br />which shall be made a part hereof and incorporated <br />herein by reference. In the event of inconsistency <br />between this agreement and standard conditions of <br />escrow this agreement shall prevail. <br /> <br /> 7. TITLE TRANSFER, ocCUPANCY AND POSSESSION. <br /> <br /> a. Title Transfer. 'Title shall transfer <br /> <br />to Purchaser by the recording of the deed. <br /> <br /> b. Occupancy and Possession. Seller <br />shall deliver occupancy and possession of the Property <br />to Buyer upon transfer of title. <br /> <br /> 8. SALES COMMISSIONS. Seller shall be <br />responsible for any and all sales commissions due any <br />individual or business entity as a consequence of this <br />transaction. The Seller agrees to indemnify, save and <br /> <br />hold harmless the Buyer <br />commissions of any sort. <br />broker or business entity <br /> <br /> 5 <br /> <br />from any claims for sales <br /> Buyer represents that no <br /> of any sort has in any way <br /> <br /> <br />
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