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2005 017 Ordinance
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2005 017 Ordinance
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Last modified
11/19/2018 4:03:58 PM
Creation date
8/29/2018 6:42:19 AM
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Template:
Legislation-Meeting Minutes
Document Type
Ordinance
Number
017
Date
6/20/2005
Year
2005
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JUN'-10-2005 14:47 From:DIEMERT&AS50C 4404426800 To:4617349 <br />canditions of escrow shall be made a part hereof and Incarparated hereln by <br />refierenae. <br />9. TITI?E T ANSF R. Title wlll transfer to Buyer by the recording of the <br />dead, on or about thlrty (30) days from the date of thls Agreement, unless the <br />parfiles othetwise agree fio a mutually satisfactory date in.writ(ng. <br />10. TITI-E, G_11ARLMT-Y. Said evidance of Tltle Guaranty shall ba In the <br />amount cf the purchase price of the property, and is to be furnished wfxh fifkeen <br />(15) days prior ta closing for exam(nakion by Buyer. Selier shall be glven written <br />P.5/8 <br />n4tice within twQ (2) days afiter recelpt of such report by Buyer of any defect in title <br />requlring correction, and shall undertake to make such correctlons immedlatefy. <br />Seller sMall not be Ilable far any damages by reasan af any defecfi in title whleh <br />cannot be correcfied, but if such defect Is not remedied prlor ta closing, elther party <br />may terminate thls contract an natice and any deposit shall be refundod tq Buyer, <br />raleasing both parties fram furtMer obllgatlans and llabllity hereunder. <br />11. PRUFZATiOtJS, CHARGES, ANp CRFPITS. <br />A. Ruy_er_. Buyer shall be charged wlth tMe foflawing cosfis, to be <br />deducfied by the escrow agent from funds due Buyer, If any, ta be <br />pald by Buyer prior to transfer of tltle; <br />1. The cost of the location servlce or survey, including surveying <br />and preparfng the legal desariptlon; <br />2. The cost of any speclal tax search; <br />3. The dffforence between the cast of any Qwner's Policy of Title <br />Insurance and Title Cuaranty; <br />4. The costs Incldent to filing the deed and any mortgage(s) <br />placed upon the property; <br />06/10/2005 F'RI 14: 4a [JOB N0. 50501 0005
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