Assessments for Municipal Improvements. Certain municipal improvements such as sidewalks and sewers may result in the municipality charging property owners to pay for the improvement. All unpaid charges (assessments) against the property for work completed before the closing will be paid by the Seller at or before the closing. If the improvement is not completed before the closing, then only the Buyer will be responsible. If the improvement is completed, but the amount of the charge (assessment) is not determined, the Seller will pay an estimated amount at the closing. When the amount of the charge is finally determined, the Seller will pay any deficiency to the Buyer (if the estimate proves to have been too low), or the Buyer will return any excess to the Seller (if the estimate proves to have been too high).
Assessments for Municipal Improvements. Certain municipal improvements such as sidewalks and sewers may result in the municipality charging the property owners to pay for the improvement. All assessed charges against the Property for work completed before the date of this Agreement will be paid by Seller at or before the settlement. Seller shall not be liable for any work done or ordered done after the date of execution of this Agreement by any municipality, agency, or other public authority, or for any notice issued after the date of execution of this Agreement which directs any action to be done or not to be done on, in, or to the Property by any municipality, agency, or other public authority, and Buyer agrees to take title subject to any lien that may be recorded as a result thereof.
Assessments for Municipal Improvements. Seller will pay all unpaid assessments against the property for work completed before the closing. If the improvement is not completed before the closing, then Buyer will be solely responsible.
Assessments for Municipal Improvements. The Township of Monroe has the right to make local improvements, which benefit the Home and the Development. For example, this could include installation of a new sewer system, other utilities, road improvements or the like. The cost of the improvement would be charged against the property(ies) receiving the benefit of the improvement. This charge, known as an assessment, would be in addition to real estate taxes. The Seller does not know of any such improvement, which is presently needed or contemplated. If such a municipal improvement benefiting the Home would be com-pleted prior to the date of closing, the Seller would pay the assess-ment, if any. The Seller may use the proceeds of closing to satisfy the assessment. If such a municipal improvement benefiting the Home is not completed prior to the date of closing, the Buyer would be responsible to pay the assessment, if any.
Assessments for Municipal Improvements. Certain municipal improvements such as sidewalks and sewers may result in the municipality charging property owners to pay for the improvement. Any unpaid charges (assessments) against the Property for work completed prior to the Closing Date will be paid by Seller at or before the Closing. If the improvement is completed, but the amount of the charge (assessment) is not determined, then Seller will pay an estimated amount at the Closing. When the amount of the charge is finally determined, Seller will pay any deficiency to Purchaser (if the estimate proves to have been too low), or Purchaser will refund any excess to Seller (if the estimate proves to have been too high). This provision shall survive Closing.
Assessments for Municipal Improvements. The [Town] of has the right to make local improvements which benefit the Units and the Condominium. For example, this could include installation of a new sewer system, other utilities, road improvements or the like. The cost of the improvement would be charged against the property(ies) receiving the benefit of the improvement. This charge, known as an assessment, would be in addition to real estate taxes. The Seller does not know of any such improvement which is presently needed or contemplated. If such a municipal improvement benefitting the Unit is completed prior to the date of closing, the Seller will pay the assessment, if any, whether the assessment is confirmed or unconfirmed. The Seller may use the proceeds of closing to satisfy the assessment. If such a municipal improvement benefitting the Unit is not completed prior to the date of closing, the Buyer would be responsible to pay the assessment, if any.
Assessments for Municipal Improvements. Certain municipal improvements such as sidewalks may result in the municipality charging property owners to pay for the improvements. Seller represents that to the best of its knowledge there are no pending or forthcoming governmental improvements. All unpaid charges (assessments) against the Property for work completed before the closing will be paid by the Seller at or before the closing. If the improvement is not completed before the closing, then only the Buyer will be responsible. If the improvement is completed but the amount of the charge (assessment) is not determined, the Seller will pay an estimated amount at the closing. When the amount of the charge is finally determined, the Seller will pay any deficiency to the Buyer (if the estimate proves to have been too low), or the Buyer will return any excess to the Seller (if the estimate proves to have been too high).
Assessments for Municipal Improvements. There shall be no adjustment at Closing with respect to taxes, assessments, utilities, or any similar charges, because Buyer is solely responsible for all such charges pursuant to the Lease.
Assessments for Municipal Improvements. Seller represents, to the best of its knowledge, that there are no current assessments for municipal improvements that pertain to the Premises and, further, Seller has no knowledge of any contemplated assessment for municipal improvements. Seller shall be solely responsible for the payment of any assessment which prior to the Closing Date has been assessed, levied, imposed or confirmed against the Premises; (ii) which affects or is a lien upon the Premises; or (iii) which, although not yet a lien upon the Premises, is attributable to improvements which benefit or will benefit the Premises for which improvement work has been commenced or authorized. For any assessment for improvement authorized or imposed subsequent to the Closing Date of this final order, Purchaser shall be responsible, which responsibility shall be contingent upon closing. Seller shall give notice forthwith to Purchaser if Seller receives any notice of a contemplated assessment for municipal improvements.
Assessments for Municipal Improvements. Certain municipal improvements such as sidewalks and sewers may result in the municipality charging property owners to pay for the improvement. All unpaid charges (assessments) against the Property for work completed before the Effective Date which are not includable in Supplemental Rent payable by the Tenant will be paid by the Seller at or before the Closing. If the improvement is not completed before the Effective Date, then only the Buyer will be responsible for the assessments which are not includable in Supplemental Rent paid by the Tenant. If the improvement is completed, but the amount of the charge (assessment) is not determined and if the assessment is not includable in Supplemental Rent payable by Tenant, the Seller will pay an estimated amount at the Closing. When the amount of the charge which is not includable in Supplemental Rent payable by Tenant is finally determined, the Seller will pay any deficiency to the Buyer (if the estimate proves to have been too low), or the Buyer will return any excess to the Seller (if the estimate proves to have been too high).
