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"Commitment" is a song written by Tony Colton, Tony Marty and Bobby Wood, and recorded by American country music artist LeAnn Rimes. It was released on March 16, 1998 as the lead single from her album Sittin' on Top of the World. In most parts of the world, "Commitment" was released as a double A-side with "Looking Through Your Eyes".
The difference between the two is slight and mostly a matter of style: an LOI is typically written in letter form and focuses on the parties' intentions; a term sheet skips most of the formalities and lists deal terms in bullet-point or similar format. There is an implication that an LOI only refers to the final form.
A title search is ordered, and a title commitment and closing protection letter (CPL) are issued and sent to the lender. In some cases, closing in escrow may occur. If so, the opening of escrow occurs during this time. [5] Closing preparation: During closing prep, any title issues discovered during the title search are cleared up. [6]
A retention of title clause (also called a reservation of title clause or a Romalpa clause in some jurisdictions) is a provision in a contract for the sale of goods that the title to the goods remains vested in the seller until the buyer fulfils certain obligations (usually payment of the purchase price).
The examples and perspective in this article deal primarily with the United States and do not represent a worldwide view of the subject. You may improve this article, discuss the issue on the talk page, or create a new article, as appropriate. (March 2009) (Learn how and when to remove this message)
A chain of title is the sequence of historical transfers of title to a property. It is a valuable tool to identify and document past owners of a property and serves as a property's historical ownership timeline.
Title page of the 1925 first edition of The Great Gatsby by F. Scott Fitzgerald. The title page of a book, thesis or other written work is the page at or near the front which displays its title, subtitle, author, publisher, and edition, often artistically decorated. (A half title, by contrast, displays only the title of a work.)
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