Common use of Association Assessments Clause in Contracts

Association Assessments. Current regular Association assessments and dues (Association Assessments) paid in 578 advance will be credited to Seller at Closing. Cash reserves held out of the regular Association Assessments for deferred 579 maintenance by the Association will not be credited to Seller except as may be otherwise provided by the Governing Documents. 580 Buyer acknowledges that Buyer may be obligated to pay the Association, at Closing, an amount for reserves or working capital. 581 Any special assessment assessed prior to Closing Date (§ 3) by the Association will be the obligation of Buyer Seller. 582 Except however, any special assessment by the Association for improvements that have been installed as of the date of Buyer’s 583 signature hereon, whether assessed prior to or after Closing, will be the obligation of Seller. Seller represents that the Association 584 Assessments are currently payable at approximately $ per and that there are no unpaid regular 585 or special assessments against the Property except the current regular assessments and . Such 586 assessments are subject to change as provided in the Governing Documents. Seller agrees to promptly request the Association to 587 deliver to Buyer before Closing Date (§ 3) a current Status Letter.

Appears in 5 contracts

Samples: demo.bullformscolorado.com, www.businesslawyer.com, protrain.hs.llnwd.net

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Association Assessments. Current regular Association assessments and dues (Association Assessments) paid in 578 587 advance will be credited to Seller at Closing. Cash reserves held out of the regular Association Assessments for deferred 579 588 maintenance by the Association will not be credited to Seller except as may be otherwise provided by the Governing Documents. 580 589 Buyer acknowledges that Buyer may be obligated to pay the Association, at Closing, an amount for reserves or working capital. 581 590 Any special assessment assessed prior to Closing Date (§ 3) by the Association will be the obligation of Buyer Seller. 582 591 Except however, any special assessment by the Association for improvements that have been installed as of the date of Buyer’s 583 592 signature hereon, whether assessed prior to or after Closing, will be the obligation of Seller. Seller represents that the Association 584 593 Assessments are currently payable at approximately $ per and that there are no unpaid regular 585 594 or special assessments against the Property except the current regular assessments and . 595 Such 586 assessments are subject to change as provided in the Governing Documents. Seller agrees to promptly request the 596 Association to 587 deliver to Buyer before Closing Date (§ 3) a current Status Letter.

Appears in 3 contracts

Samples: demo.bullformscolorado.com, demo.bullformscolorado.com, demo.bullformscolorado.com

Association Assessments. Current regular Association assessments and dues (Association Assessments) paid in 578 561 advance will be credited to Seller at Closing. Cash reserves held out of the regular Association Assessments for deferred 579 562 maintenance by the Association will not be credited to Seller except as may be otherwise provided by the Governing Documents. 580 563 Buyer acknowledges that Buyer may be obligated to pay the Association, at Closing, an amount for reserves or working capital. 581 564 Any special assessment assessed prior to Closing Date (§ 3) by the Association will be the obligation of Buyer Seller. 582 565 Except however, any special assessment by the Association for improvements that have been installed as of the date of Buyer’s 583 566 signature hereon, whether assessed prior to or after Closing, will be the obligation of Seller. Seller represents that the Association 584 567 Assessments are currently payable at approximately $ per and that there are no unpaid regular 585 568 or special assessments against the Property except the current regular assessments and . Such 586 569 assessments are subject to change as provided in the Governing Documents. Seller agrees to promptly request the Association to 587 570 deliver to Buyer before Closing Date (§ 3) a current Status Letter.

Appears in 3 contracts

Samples: protrain.hs.llnwd.net, www.hrwco.org, images.template.net

Association Assessments. Current regular Association assessments and dues (Association Assessments) paid in 578 518 advance will shall be credited to Seller at Closing. Cash reserves held out of the regular Association Assessments for deferred 579 519 maintenance by the Association will shall not be credited to Seller except as may be otherwise provided by the Governing Documents. 580 520 Buyer acknowledges that Buyer may be obligated to pay the Association, at Closing, an amount for reserves or working capital. 581 521 Any special assessment assessed prior to Closing Date (§ 3) by the Association will shall be the obligation of Buyer Seller. 582 522 Except however, any special assessment by the Association for improvements that have been installed as of the date of Buyer’s 583 523 signature hereon, whether assessed prior to or after Closing, will shall be the obligation of Seller. Seller represents that the Association 584 524 Assessments are currently payable at approximately $ per and that there are no unpaid regular 585 or special 525 assessments against the Property except the current regular assessments and . Such 586 526 assessments are subject to change as provided in the Governing Documents. Seller agrees to promptly request the Association to 587 527 deliver to Buyer before Closing Date (§ 3) a current Status Letter.

Appears in 2 contracts

Samples: www2.topproducerwebsite.com, protrain.hs.llnwd.net

Association Assessments. Current regular Association assessments and dues (Association Assessments) paid in 578 630 advance will be credited to Seller at Closing. Cash reserves held out of the regular Association Assessments for deferred 579 631 maintenance by the Association will not be credited to Seller except as may be otherwise provided by the Governing Documents. 580 632 Buyer acknowledges that Buyer may be obligated to pay the Association, at Closing, an amount for reserves or working capital. 581 633 Any special assessment assessed prior to Closing Date (§ 3) by the Association will be the obligation of Buyer Seller. 582 634 Except however, any special assessment by the Association for improvements that have been installed as of the date of Buyer’s 583 635 signature hereon, whether assessed prior to or after Closing, will be the obligation of Seller. Seller represents that the Association 584 636 Assessments are currently payable at approximately $ per and that there are no unpaid regular 585 637 or special assessments against the Property except the current regular assessments and . Such 586 638 assessments are subject to change as provided in the Governing Documents. Seller agrees to promptly request the Association to 587 639 deliver to Buyer before Closing Date (§ 3) a current Status Letter.

Appears in 2 contracts

Samples: demo.bullformscolorado.com, www.businesslawyer.com

Association Assessments. Current regular Association assessments and dues (Association Assessments) paid in 578 586 advance will be credited to Seller Xxxxxx at Closing. Cash reserves held out of the regular Association Assessments for deferred 579 587 maintenance by the Association will not be credited to Seller Xxxxxx except as may be otherwise provided by the Governing Documents. 580 588 Buyer acknowledges that Buyer may be obligated to pay the Association, at Closing, an amount for reserves or working capital. 581 589 Any special assessment assessed prior to Closing Date (§ 3) by the Association will be the obligation of Buyer Seller. 582 Except 590 however, any special assessment by the Association for improvements that have been installed as of the date of BuyerXxxxx’s 583 signature 591 hereon, whether assessed prior to or after Closing, will be the obligation of Seller. Seller represents that the Association 584 592 Assessments are currently payable at approximately $ per and that there are no unpaid regular 585 593 or special assessments against the Property except the current regular assessments and . Such 586 594 assessments are subject to change as provided in the Governing Documents. Seller Xxxxxx agrees to promptly request the Association to 587 595 deliver to Buyer before Closing Date (§ 3) a current Status Letter.

Appears in 2 contracts

Samples: corefinancegroup.com, asapcashhomebuyers.com

Association Assessments. Current regular Association assessments and dues (Association Assessments) paid in 578 587 advance will be credited to Seller Xxxxxx at Closing. Cash reserves held out of the regular Association Assessments for deferred 579 588 maintenance by the Association will not be credited to Seller Xxxxxx except as may be otherwise provided by the Governing Documents. 580 589 Buyer acknowledges that Buyer may be obligated to pay the Association, at Closing, an amount for reserves or working capital. 581 590 Any special assessment assessed prior to Closing Date (§ 3) by the Association will be the obligation of Buyer Seller. 582 591 Except however, any special assessment by the Association for improvements that have been installed as of the date of BuyerXxxxx’s 583 592 signature hereon, whether assessed prior to or after Closing, will be the obligation of Seller. Seller represents that the Association 584 593 Assessments are currently payable at approximately $ per and that there are no unpaid regular 585 594 or special assessments against the Property except the current regular assessments and . 595 Such 586 assessments are subject to change as provided in the Governing Documents. Seller Xxxxxx agrees to promptly request the 596 Association to 587 deliver to Buyer before Closing Date (§ 3) a current Status Letter.

Appears in 2 contracts

Samples: www.businesslawyer.com, protrain.hs.llnwd.net

Association Assessments. Current regular Association assessments and dues (Association Assessments) paid in 578 585 advance will be credited to Seller Xxxxxx at Closing. Cash reserves held out of the regular Association Assessments for deferred 579 586 maintenance by the Association will not be credited to Seller except as may be otherwise provided by the Governing Documents. 580 Buyer 587 Xxxxx acknowledges that Buyer may be obligated to pay the Association, at Closing, an amount for reserves or working capital. 581 588 Any special assessment assessed prior to Closing Date (§ 3) by the Association will be the obligation of Buyer Seller. 582 Except 589 however, any special assessment by the Association for improvements that have been installed as of the date of BuyerXxxxx’s 583 signature 590 hereon, whether assessed prior to or after Closing, will be the obligation of Seller. Seller represents that the Association 584 591 Assessments are currently payable at approximately $ per and that there are no unpaid regular 585 592 or special assessments against the Property except the current regular assessments and . Such 586 593 assessments are subject to change as provided in the Governing Documents. Seller Xxxxxx agrees to promptly request the Association to 587 594 deliver to Buyer before Closing Date (§ 3) a current Status Letter.

Appears in 1 contract

Samples: demo.bullformscolorado.com

Association Assessments. Current regular Association assessments and dues (Association Assessments) paid in 578 555 advance will shall be credited to Seller at Closing. Cash reserves held out of the regular Association Assessments for deferred 579 556 maintenance by the Association will shall not be credited to Seller except as may be otherwise provided by the Governing Documents. 580 557 Buyer acknowledges that Buyer may be obligated to pay the Association, at Closing, an amount for reserves or working capital. 581 558 Any special assessment assessed prior to Closing Date (§ 3) by the Association will shall be the obligation of Buyer Seller. 582 559 Except however, any special assessment by the Association for improvements that have been installed as of the date of Buyer’s 583 560 signature hereon, whether assessed prior to or after Closing, will shall be the obligation of Seller. Seller represents that the Association 584 561 Assessments are currently payable at approximately $ per and that there are no unpaid regular 585 or special 562 assessments against the Property except the current regular assessments and . Such 586 563 assessments are subject to change as provided in the Governing Documents. Seller agrees to promptly request the Association to 587 564 deliver to Buyer before Closing Date (§ 3) a current Status Letter.

Appears in 1 contract

Samples: demo.bullformscolorado.com

Association Assessments. Current regular Association assessments and dues (Association Assessments) paid in 578 529 advance will shall be credited to Seller at Closing. Cash reserves held out of the regular Association Assessments for deferred 579 530 maintenance by the Association will shall not be credited to Seller except as may be otherwise provided by the Governing Documents. 580 531 Buyer acknowledges that Buyer may be obligated to pay the Association, at Closing, an amount for reserves or working capital. 581 532 Any special assessment assessed prior to Closing Date (§ 3) by the Association will shall be the obligation of Buyer Seller. 582 533 Except however, any special assessment by the Association for improvements that have been installed as of the date of Buyer’s 583 534 signature hereon, whether assessed prior to or after Closing, will shall be the obligation of Seller. Seller represents that the Association 584 535 Assessments are currently payable at approximately $ per and that there are no unpaid regular 585 or special 536 assessments against the Property except the current regular assessments and . Such 586 537 assessments are subject to change as provided in the Governing Documents. Seller agrees to promptly request the Association to 587 538 deliver to Buyer before Closing Date (§ 3) a current Status Letter.

Appears in 1 contract

Samples: protrain.hs.llnwd.net

Association Assessments. Current regular Association assessments and dues (Association Assessments) paid in 578 546 advance will shall be credited to Seller at Closing. Cash reserves held out of the regular Association Assessments for deferred 579 547 maintenance by the Association will shall not be credited to Seller except as may be otherwise provided by the Governing Documents. 580 548 Buyer acknowledges that Buyer may be obligated to pay the Association, at Closing, an amount for reserves or working capital. 581 549 Any special assessment assessed prior to Closing Date (§ 3) by the Association will shall be the obligation of Buyer Seller. 582 550 Except however, any special assessment by the Association for improvements that have been installed as of the date of Buyer’s 583 551 signature hereon, whether assessed prior to or after Closing, will shall be the obligation of Seller. Seller represents that the Association 584 552 Assessments are currently payable at approximately $ per and that there are no unpaid regular 585 or special 553 assessments against the Property except the current regular assessments and . Such 586 554 assessments are subject to change as provided in the Governing Documents. Seller Xxxxxx agrees to promptly request the Association to 587 555 deliver to Buyer before Closing Date (§ 3) a current Status Letter.

Appears in 1 contract

Samples: lesliemonaco.com

Association Assessments. Current regular Association assessments and dues (Association Assessments) paid in 578 531 advance will shall be credited to Seller at Closing. Cash reserves held out of the regular Association Assessments for deferred 579 532 maintenance by the Association will shall not be credited to Seller except as may be otherwise provided by the Governing Documents. 580 533 Buyer acknowledges that Buyer may be obligated to pay the Association, at Closing, an amount for reserves or working capital. 581 534 Any special assessment assessed prior to Closing Date (§ 3) by the Association will shall be the obligation of Buyer Seller. 582 535 Except however, any special assessment by the Association for improvements that have been installed as of the date of BuyerXxxxx’s 583 536 signature hereon, whether assessed prior to or after Closing, will shall be the obligation of Seller. Seller represents that the Association 584 537 Assessments are currently payable at approximately $ per and that there are no unpaid regular 585 or special 538 assessments against the Property except the current regular assessments and . Such 586 539 assessments are subject to change as provided in the Governing Documents. Seller Xxxxxx agrees to promptly request the Association to 587 540 deliver to Buyer before Closing Date (§ 3) a current Status Letter.

Appears in 1 contract

Samples: cdn.cocodoc.com

Association Assessments. Current regular Association assessments and dues (Association Assessments) paid in 578 703 advance will be credited to Seller at Closing. Cash reserves held out of the regular Association Assessments for deferred 579 704 maintenance by the Association will not be credited to Seller except as may be otherwise provided by the Governing Documents. 580 705 Buyer acknowledges that Buyer may be obligated to pay the Association, at Closing, an amount for reserves or working capital. 581 706 Any special assessment assessed prior to Closing Date (§ 3) by the Association will be the obligation of Buyer Seller. 582 707 Except however, any special assessment by the Association for improvements that have been installed as of the date of Buyer’s 583 708 signature hereon, whether assessed prior to or after Closing, will be the obligation of Seller. Seller represents that the Association 584 709 Assessments are currently payable at approximately $ per and 710 that there are no unpaid regular 585 or special assessments against the Property except the current regular assessments and . Such 586 711 assessments . Association Assessments are subject to change as provided in the Governing 712 Documents. Seller Xxxxxx agrees to promptly request the Association to 587 deliver to Buyer before Closing Date (§ 3) a current Status Letter.

Appears in 1 contract

Samples: www.ltac.org

Association Assessments. Current regular Association assessments and dues (Association Assessments) paid in 578 529 advance will shall be credited to Seller at Closing. Cash reserves held out of the regular Association Assessments for deferred 579 530 maintenance by the Association will shall not be credited to Seller except as may be otherwise provided by the Governing Documents. 580 531 Buyer acknowledges that Buyer may be obligated to pay the Association, at Closing, an amount for reserves or working capital. 581 532 Any special assessment assessed prior to Closing Date (§ 3) by the Association will shall be the obligation of Buyer Seller. 582 533 Except however, any special assessment by the Association for improvements that have been installed as of the date of Buyer’s 583 534 signature hereon, whether assessed prior to or after Closing, will shall be the obligation of Seller. Seller represents that the Association 584 535 Assessments are currently payable at approximately $ per and that there are no unpaid regular 585 or special 536 assessments against the Property except the current regular assessments and . Such 586 537 assessments are subject to change as provided in the Governing Documents. Seller Xxxxxx agrees to promptly request the Association to 587 538 deliver to Buyer before Closing Date (§ 3) a current Status Letter.

Appears in 1 contract

Samples: protrain.hs.llnwd.net

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Association Assessments. Current regular Association assessments and dues (Association Assessments) paid in 578 601 advance will be credited to Seller at Closing. Cash reserves held out of the regular Association Assessments for deferred 579 602 maintenance by the Association will not be credited to Seller except as may be otherwise provided by the Governing Documents. 580 603 Buyer acknowledges that Buyer may be obligated to pay the Association, at Closing, an amount for reserves or working capital. 581 604 Any special assessment assessed prior to Closing Date (§ 3) by the Association will be the obligation of Buyer Seller. 582 Except 605 however, any special assessment by the Association for improvements that have been installed as of the date of Buyer’s 583 signature 606 hereon, whether assessed prior to or after Closing, will be the obligation of Seller. Seller represents that the Association 584 607 Assessments are currently payable at approximately $ per and that there are no unpaid regular 585 608 or special assessments against the Property except the current regular assessments and . Such 586 609 assessments are subject to change as provided in the Governing Documents. Seller agrees to promptly request the Association to 587 610 deliver to Buyer before Closing Date (§ 3) a current Status Letter.

Appears in 1 contract

Samples: s3.amazonaws.com

Association Assessments. Current regular Association assessments and dues (Association Assessments) paid in 578 618 advance will be credited to Seller at Closing. Cash reserves held out of the regular Association Assessments for deferred 579 619 maintenance by the Association will not be credited to Seller except as may be otherwise provided by the Governing Documents. 580 620 Buyer acknowledges that Buyer may be obligated to pay the Association, at Closing, an amount for reserves or working capital. 581 621 Any special assessment assessed prior to Closing Date (§ 3) by the Association will be the obligation of Buyer Seller. 582 Except 622 however, any special assessment by the Association for improvements that have been installed as of the date of Buyer’s 583 signature 623 hereon, whether assessed prior to or after Closing, will be the obligation of Seller. Seller represents that the Association 584 624 Assessments are currently payable at approximately $ per and that there are no unpaid regular 585 625 or special assessments against the Property except the current regular assessments and . Such 586 626 assessments are subject to change as provided in the Governing Documents. Seller Xxxxxx agrees to promptly request the Association to 587 627 deliver to Buyer before Closing Date (§ 3) a current Status Letter.

Appears in 1 contract

Samples: demo.bullformscolorado.com

Association Assessments. Current regular Association assessments and dues (Association Assessments) paid in 578 547 advance will shall be credited to Seller at Closing. Cash reserves held out of the regular Association Assessments for deferred 579 548 maintenance by the Association will shall not be credited to Seller except as may be otherwise provided by the Governing Documents. 580 549 Buyer acknowledges that Buyer may be obligated to pay the Association, at Closing, an amount for reserves or working capital. 581 550 Any special assessment assessed prior to Closing Date (§ 3) by the Association will shall be the obligation of o Buyer n Seller. 582 551 Except however, any special assessment by the Association for improvements that have been installed as of the date of Buyer’s 583 's 552 signature hereon, whether assessed prior to or after Closing, will shall be the obligation of Seller. Seller represents that the Association 584 553 Assessments are currently payable at approximately $ $15,548.00 per year and that there are no unpaid regular 585 or special 554 assessments against the Property except the current regular assessments and N/A . Such 586 555 assessments are subject to change as provided in the Governing Documents. Seller agrees to promptly request the Association to 587 556 deliver to Buyer before Closing Date (§ 3) a current Status Letter.

Appears in 1 contract

Samples: Real Estate Purchase and Sales Agreement (Wells Real Estate Fund Viii Lp)

Association Assessments. Current regular Association assessments and dues (Association Assessments) paid in 578 553 advance will shall be credited to Seller at Closing. Cash reserves held out of the regular Association Assessments for deferred 579 554 maintenance by the Association will shall not be credited to Seller except as may be otherwise provided by the Governing Documents. 580 555 Buyer acknowledges that Buyer may be obligated to pay the Association, at Closing, an amount for reserves or working capital. 581 556 Any special assessment assessed prior to Closing Date (§ 3) by the Association will shall be the obligation of Buyer Seller. 582 557 Except however, any special assessment by the Association for improvements that have been installed as of the date of Buyer’s 583 558 signature hereon, whether assessed prior to or after Closing, will shall be the obligation of Seller. Seller represents that the Association 584 559 Assessments are currently payable at approximately $ per and that there are no unpaid regular 585 or special 560 assessments against the Property except the current regular assessments and . Such 586 561 assessments are subject to change as provided in the Governing Documents. Seller agrees to promptly request the Association to 587 562 deliver to Buyer before Closing Date (§ 3) a current Status Letter.

Appears in 1 contract

Samples: demo.bullformscolorado.com

Association Assessments. Current regular Association assessments and dues (Association Assessments) paid in 578 546 advance will shall be credited to Seller at Closing. Cash reserves held out of the regular Association Assessments for deferred 579 547 maintenance by the Association will shall not be credited to Seller except as may be otherwise provided by the Governing Documents. 580 548 Buyer acknowledges that Buyer may be obligated to pay the Association, at Closing, an amount for reserves or working capital. 581 549 Any special assessment assessed prior to Closing Date (§ 3) by the Association will shall be the obligation of Buyer Seller. 582 550 Except however, any special assessment by the Association for improvements that have been installed as of the date of Buyer’s 583 551 signature hereon, whether assessed prior to or after Closing, will shall be the obligation of Seller. Seller represents that the Association 584 552 Assessments are currently payable at approximately $ per and that there are no unpaid regular 585 or special 553 assessments against the Property except the current regular assessments and . Such 586 554 assessments are subject to change as provided in the Governing Documents. Seller agrees to promptly request the Association to 587 555 deliver to Buyer before Closing Date (§ 3) a current Status Letter.

Appears in 1 contract

Samples: frascona.com

Association Assessments. Current regular Association assessments and dues (Association Assessments) paid in 578 561 advance will be credited to Seller Xxxxxx at Closing. Cash reserves held out of the regular Association Assessments for deferred 579 562 maintenance by the Association will not be credited to Seller Xxxxxx except as may be otherwise provided by the Governing Documents. 580 563 Buyer acknowledges that Buyer may be obligated to pay the Association, at Closing, an amount for reserves or working capital. 581 564 Any special assessment assessed prior to Closing Date (§ 3) by the Association will be the obligation of Buyer Seller. 582 565 Except however, any special assessment by the Association for improvements that have been installed as of the date of BuyerXxxxx’s 583 566 signature hereon, whether assessed prior to or after Closing, will be the obligation of Seller. Seller represents that the Association 584 567 Assessments are currently payable at approximately $ per and that there are no unpaid regular 585 568 or special assessments against the Property except the current regular assessments and . Such 586 569 assessments are subject to change as provided in the Governing Documents. Seller Xxxxxx agrees to promptly request the Association to 587 570 deliver to Buyer before Closing Date (§ 3) a current Status Letter.

Appears in 1 contract

Samples: boulderrealestatenews.com

Association Assessments. Current regular Association assessments and dues (Association Assessments) paid in 578 584 advance will shall be credited to Seller at Closing. Cash reserves held out of the regular Association Assessments for deferred 579 585 maintenance by the Association will shall not be credited to Seller except as may be otherwise provided by the Governing Documents. 580 586 Buyer acknowledges that Buyer may be obligated to pay the Association, at Closing, an amount for reserves or working capital. 581 587 Any special assessment assessed prior to Closing Date (§ 3) by the Association will shall be the obligation of Buyer Seller. 582 588 Except however, any special assessment by the Association for improvements that have been installed as of the date of Buyer’s 583 589 signature hereon, whether assessed prior to or after Closing, will shall be the obligation of Seller. Seller represents that the Association 584 590 Assessments are currently payable at approximately $ per and that there are no unpaid regular 585 or special 591 assessments against the Property except the current regular assessments and . Such 586 592 assessments are subject to change as provided in the Governing Documents. Seller agrees to promptly request the Association to 587 593 deliver to Buyer before Closing Date (§ 3) a current Status Letter.

Appears in 1 contract

Samples: protrain.hs.llnwd.net

Association Assessments. Current regular Association assessments and dues (Association Assessments) paid in 578 531 advance will shall be credited to Seller at Closing. Cash reserves held out of the regular Association Assessments for deferred 579 532 maintenance by the Association will shall not be credited to Seller except as may be otherwise provided by the Governing Documents. 580 533 Buyer acknowledges that Buyer may be obligated to pay the Association, at Closing, an amount for reserves or working capital. 581 534 Any special assessment assessed prior to Closing Date (§ 3) by the Association will shall be the obligation of Buyer Seller. 582 535 Except however, any special assessment by the Association for improvements that have been installed as of the date of Buyer’s 583 536 signature hereon, whether assessed prior to or after Closing, will shall be the obligation of Seller. Seller represents that the Association 584 537 Assessments are currently payable at approximately $ per and that there are no unpaid regular 585 or special 538 assessments against the Property except the current regular assessments and . Such 586 539 assessments are subject to change as provided in the Governing Documents. Seller agrees to promptly request the Association to 587 540 deliver to Buyer before Closing Date (§ 3) a current Status Letter.

Appears in 1 contract

Samples: protrain.hs.llnwd.net

Association Assessments. Current regular Association assessments and dues (Association Assessments) paid in 578 519 advance will shall be credited to Seller at Closing. Cash reserves held out of the regular Association Assessments for deferred 579 520 maintenance by the Association will shall not be credited to Seller except as may be otherwise provided by the Governing Documents. 580 521 Buyer acknowledges that Buyer may be obligated to pay the Association, at Closing, an amount for reserves or working capital. 581 522 Any special assessment assessed prior to Closing Date (§ 3) by the Association will shall be the obligation of Buyer Seller. 582 523 Except however, any special assessment by the Association for improvements that have been installed as of the date of Buyer’s 583 524 signature hereon, whether assessed prior to or after Closing, will shall be the obligation of Seller. Seller represents that the Association 584 525 Assessments are currently payable at approximately $ per and that there are no unpaid regular 585 or special 526 assessments against the Property except the current regular assessments and . Such 586 527 assessments are subject to change as provided in the Governing Documents. Seller agrees to promptly request the Association to 587 528 deliver to Buyer before Closing Date (§ 3) a current Status Letter.

Appears in 1 contract

Samples: www.vaned.com

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