Apportionment. Taxes and all other periodic realty costs, if any, shall be apportioned pro rata as of the Closing Date. All taxes shall be considered to be on a calendar year basis, with the exception of school taxes, which will be pro-rated on a fiscal year basis. Seller will pay for all days up to and including the Closing Date, and Purchaser will pay for all days following the Closing Date.
Appears in 41 contracts
Samples: Conditions of Sale and Purchase Agreement, Conditions of Sale and Purchase Agreement, Conditions of Sale and Purchase Agreement
