Common use of Association Assessments Clause in Contracts

Association Assessments. Current regular Association assessments and dues (Association Assessments) paid in advance shall be 423 credited to Seller at Closing. Cash reserves held out of the regular Association Assessments for deferred maintenance by the Association shall not 424 be credited to Seller except as may be otherwise provided by the Governing Documents. Any special assessment by the Association for 425 improvements that have been installed as of the date of Xxxxx’s signature hereon shall be the obligation of Seller. Any other special assessment 426 assessed prior to Closing Date (§ 2.3) by the Association shall be the obligation of 🞏 Buyer 🞏 Seller. Seller represents that the Association 427 Assessments are currently payable at $ per and that there are no unpaid regular or special assessments 428 against the Property except the current regular assessments and . Such assessments 429 are subject to change as provided in the Governing Documents. Xxxxxx agrees to promptly request the Association to deliver to Buyer before Closing 430 Date (§ 2.3) a current Status Letter.

Appears in 1 contract

Samples: Contract to Buy and Sell Real Estate

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Association Assessments. Current regular Association assessments and dues (Association Assessments) paid in advance shall be 423 credited to Seller at Closing. Cash reserves held out of the regular Association Assessments for deferred maintenance by the Association shall not 424 be credited to Seller except as may be otherwise provided by the Governing Documents. Any special assessment by the Association for 425 improvements that have been installed as of the date of Xxxxx’s signature hereon shall be the obligation of Seller. Any other special assessment 426 assessed prior to Closing Date (§ 2.3) by the Association shall be the obligation of 🞏 Buyer� Seller. Seller represents that the Association 427 Assessments are currently payable at $ per and that there are no unpaid regular or special assessments 428 against the Property except the current regular assessments and . Such assessments 429 are subject to change as provided in the Governing Documents. Xxxxxx agrees to promptly request the Association to deliver to Buyer before Closing 430 Date (§ 2.3) a current Status Letter.

Appears in 1 contract

Samples: Contract to Buy and Sell Real Estate

Association Assessments. Current regular Association assessments and dues (Association Assessments) paid in advance shall be 423 386 credited to Seller at Closing. Cash reserves held out of the regular Association Assessments for deferred maintenance by the Association shall not 424 387 be credited to Seller Xxxxxx except as may be otherwise provided by the Governing Documents. Any special assessment by the Association for 425 388 improvements that have been installed as of the date of Xxxxx’s 's signature hereon shall be the obligation of Seller. Any other special assessment 426 389 assessed prior to Closing Date (§ 2.3) by the Association shall be the obligation of 🞏 Buyer 🞏 Seller. Seller represents that the Association 42390 7 Assessments are currently payable at $ per and that there are no unpaid regular or special assessments 428 against th391 e Property except the current regular assessments and . Such assessments 429 are subject to change as provided in th392 e Governing Documents. XxxxxSeller x agrees to promptly request the Association to deliver to Buyer before Closing 430 Date (§ 2.3) a current Status Letter.

Appears in 1 contract

Samples: Contract to Buy and Sell Real Estate

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Association Assessments. Current regular Association assessments and Association dues (Association 529 Assessments) paid in advance shall be 423 credited to Seller at Closing. Cash reserves held out of the regular Association 530 Assessments for deferred maintenance by the Association shall not 424 be credited to Seller except as may be otherwise 531 provided by the Governing Documents. Any special assessment by the Association for 425 improvements that have been 532 installed as of the date of Xxxxx’s signature hereon shall be the obligation of Seller. Any other special assessment 426 assessed 533 prior to Closing Date (§ 2.32c.3) by the Association shall be the obligation of 🞏 Buyer� Seller. Seller represents that the Association 427 Assessments ar534 amount of theAssociation Assessmentsisare e currently payable at $$ per and that there are no unpai535 d regular or special assessments 428 against the Property except the current regular assessments anexcept 536 d . Such assessments 429 are subject to change as provided i537 n the Governing Documents. XxxxxSeller x agrees to promptly request the Association to deliver to Buyer before Closing 430 Date (§ 2538 2c.3.3) a current Status Letter.

Appears in 1 contract

Samples: Contract to Buy and Sell Real Estate

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