Common use of Apportionments at Closing; Transfer Taxes; Closing Costs Clause in Contracts

Apportionments at Closing; Transfer Taxes; Closing Costs. The following charges, pro- rations and apportionments shall be made on a per diem basis between Purchaser and Seller at Closing as of 12:01 A.M. prevailing time in the City where the Property is located on the Closing Date on the basis of a 365-day year, with Purchaser deemed the owner of the Property on the entire Closing Date:

Appears in 9 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement

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Apportionments at Closing; Transfer Taxes; Closing Costs. The following charges, pro- pro-rations and apportionments shall be made on a per diem basis between Purchaser and Seller at Closing as of 12:01 A.M. prevailing time in the City where the Property is located on the Closing Date on the basis of a 365-day year, with Purchaser deemed the owner of the Property on the entire Closing Date:

Appears in 1 contract

Samples: Purchase and Sale Agreement (Heritage Oaks Bancorp)

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