Residential Purchase Agreement

Title shall vest as designated in buyers supplemental

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Unformatted text preview: ssignment of stock certificate or of Seller's leasehold interest), including oil, mineral and water rights if currently owned by Seller. Title shall vest as designated in Buyer's supplemental escrow instructions. THE MANNER OF TAKING TITLE MAY HAVE SIGNIFICANT LEGAL AND TAX CONSEQUENCES. CONSULT AN APPROPRIATE PROFESSIONAL. E. Buyer shall receive a CLTA/ALTA Homeowner’s Policy of Title Insurance. A title company, at Buyer's request, can provide information about the availability, desirability, coverage, survey requirements, and cost of various title insurance coverages and endorsements. If Buyer desires title coverage other than that required by this paragraph, Buyer shall instruct Escrow Holder in writing and pay any increase in cost. 13. SALE OF BUYER'S PROPERTY: A. This Agreement is NOT contingent upon the sale of any property owned by Buyer. (If checked): The attached addendum (C.A.R. Form COP) regarding the contingency for the sale of property owned by Buyer is incorporated OR B. into this Agreement. Buyer's Initials ( )( ) Copyright © 1991-2010, CALIFORNIA ASSOCIATION OF REALTORS®, INC. Seller's Initials ( Reviewed by )( ) Date RPA-CA REVISED 4/10 (PAGE...
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This note was uploaded on 06/25/2013 for the course BUS 320 taught by Professor Staff during the Spring '11 term at S.F. State.

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