Common use of Closing and Possession Clause in Contracts

Closing and Possession. Closing shall be held on or before ("Closing"), unless extended as provided in this Agreement or by written mutual consent. Possession shall be granted at Closing : days after Closing at A.M. P.M (in accordance with the terms and conditions of the parties’ Post-Closing Possession Addendum, if any), subject to rights of tenants, if any, listed in Paragraph 31 or in the Leased Property Addendum. If the Property is located in Xxxxx County, real estate taxes and assessments, both general and special, shall be pro-rated in accordance with the "due and payable" method according to Xxxxx County Custom. If the Property is located outside Xxxxx County, real estate taxes and assessments, both general and special, shall be pro- rated in accordance with the due and payable method or lien method. If no method is specified, the proration shall be in accordance with the lien method. The parties hereby expressly authorize any lender and/or closing agent to provide the parties’ brokers, agents and attorneys with the closing settlement statement for review in advance of Closing. , 20

Appears in 3 contracts

Samples: Residential Real Estate Purchase Agreement, Residential Real Estate Purchase Agreement, Residential Real Estate Purchase Agreement

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Closing and Possession. Closing shall be held on or before ("Closing"), unless extended as provided in this Agreement or by written mutual consent. Possession shall be granted at Closing : days after Closing at A.M. P.M (in accordance with the terms and conditions of the parties’ Post-Closing Possession Addendum, if any), subject to rights of tenants, if any, listed in Paragraph 31 or in the Leased Property Addendum. If the Property is located in Xxxxx County, real estate taxes and assessments, both general and special, shall be pro-rated in accordance with the "due and payable" method according to Xxxxx County Custom. If the Property is located outside Xxxxx County, real estate taxes and assessments, both general and special, shall be pro- rated in accordance with the due and payable method or lien method. If no method is specified, the proration shall be in accordance with the lien method. The parties hereby expressly authorize any lender and/or closing agent to provide the parties’ brokers, agents and attorneys with the closing settlement statement for review in advance of Closing. , 20

Appears in 2 contracts

Samples: Residential Real Estate Purchase Agreement, Residential Real Estate Purchase Agreement

Closing and Possession. Closing shall be held on or before , 20 ("Closing"), unless extended as provided in this Agreement or by written mutual consent. Possession shall be granted at Closing : days after Closing at : A.M. P.M (in accordance with the terms and conditions of the parties’ Post-Post- Closing Possession Addendum, if any), subject to rights of tenants, if any, listed in Paragraph 31 or in the Leased Property Addendum. If the Property is located in Xxxxx County, real estate taxes and assessments, both general and special, shall be pro-rated in accordance with the "due and payable" method according to Xxxxx County Custom. If the Property is located outside Xxxxx County, real estate taxes and assessments, both general and special, shall be pro- rated in accordance with the due and payable method or lien method. If no method is specified, the proration shall be in accordance with the lien method. The parties hereby expressly authorize any lender and/or closing agent to provide the parties’ brokers, agents and attorneys with the closing settlement statement for review in advance of Closing. , 20.

Appears in 1 contract

Samples: Residential Real Estate Purchase Agreement

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Closing and Possession. Closing shall be held on or before , 20 ("Closing"), unless extended as provided in this Agreement or by written mutual consent. Possession shall be granted at Closing : days after Closing at : A.M. P.M (in accordance with the terms and conditions of the parties’ Post-Closing Possession Addendum, if any), subject to rights of tenants, if any, listed in Paragraph 31 or in the Leased Property Addendum. If the Property is located in Xxxxx County, real estate taxes and assessments, both general and special, shall be pro-rated in accordance with the "due and payable" method according to Xxxxx County Custom. If the Property is located outside Xxxxx County, real estate taxes and assessments, both general and special, shall be pro- rated in accordance with the due and payable method or lien method. If no method is specified, the proration shall be in accordance with the lien method. The parties hereby expressly authorize any lender and/or closing agent to provide the parties’ brokers, agents and attorneys with the closing settlement statement for review in advance of Closing. , 20.

Appears in 1 contract

Samples: Residential Real Estate Purchase Agreement

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