The cash on closing is the amount to be paid by the seller upon delivery of the deed. "......

dollars in cash upon the delivery of the deed as hereinafter provided." Some forms provide for payment in either cash or certified check. This is unwise. Some banks may be quite unsound; their certification being of no value should they suddenly fail. The seller should insist upon the contract providing for payment in cash, then if he wishes, he may on the closing take a certified check. Since the deed and possession of the property are to be delivered on the closing, nothing less than cash or certified check should be taken by the seller. The amount of cash to be paid on the closing of title naturally will be the difference between the total price and the deposit if there is no provision for existing encumbrances or purchase money mortgages. If there are such it is the difference between the total price and the sum of the other items.