Allocation of Closing Costs. Closing costs shall be allocated as set forth below: (i) Escrow charges: 50% to Buyer and 50% to Transferors. (ii) Recording fees: 50% to Buyer and 50% to Transferors. (iii) Title insurance premium for base Title Policy: 100% to Transferors. Buyer shall be solely responsible for the costs for extended coverages, endorsements and lender's title policies requested by Buyer or its lender(s). (iv) Transfer taxes: 100% to Buyer. (v) Survey costs: 100% to Buyer.
Appears in 2 contracts
Samples: Purchase Agreement (Westdale Properties America I LTD), Purchase Agreement (Glenborough Realty Trust Inc)
Allocation of Closing Costs. Closing costs shall be allocated as set forth below:
(i) Escrow charges: 50% to Buyer and 50% to TransferorsSeller.
(ii) Recording fees: 50% to Buyer and 50% to TransferorsSeller.
(iii) Title insurance premium for base Title Policy: 100% to TransferorsSeller. Buyer shall be solely responsible for the costs for extended coverages, endorsements and lender's ’s title policies requested by Buyer or its lender(s).
(iv) Transfer taxes: 100% to Buyer.
(v) Survey costs: 100% to BuyerSeller.
Appears in 1 contract
Allocation of Closing Costs. Closing costs shall be allocated as set forth below:
(i) Escrow charges: 50% to Buyer and 50% to TransferorsSeller.
(ii) Recording fees: 50% to Buyer and 50% to TransferorsSeller.
(iii) Title insurance premium for base Title Policy: 100% to TransferorsSeller. Buyer shall be solely responsible for the costs for extended coverages, endorsements and lender's ’s title policies requested by Buyer or its lender(s).
(iv) Transfer taxes: 100% to BuyerSeller.
(v) Survey costs: 100% to Buyer.
Appears in 1 contract
Allocation of Closing Costs. Closing costs shall be allocated as set forth below:
(i) Escrow charges: 50% to Buyer and 50% to TransferorsSeller.
(ii) Recording fees: 50% to Buyer and 50% to TransferorsSeller.
(iii) Title insurance premium for base the Title Policy: 100% to TransferorsSeller. Buyer shall be solely responsible for the costs for cost of extended coverages, endorsements coverage and lender's title policies requested by Buyer or its lender(s)all endorsements.
(iv) Title insurance premiums for the lender’s title policy issued to Seller: 100% to Buyer
(v) Transfer taxes: 100% to BuyerSeller.
(vvi) Survey costs: 100% to Buyer.
Appears in 1 contract
