Common use of Division of Expenses Clause in Contracts

Division of Expenses. The parties agree the expenses in connection with the sale and purchase of this property will be divided as follows: Attorney’s fees for the drafting of this Agreement Seller Escrow closing fee One-half by each party Title insurance premium: Owner’s policy One-half by each party Title insurance premium: Loan policy Buyer Title corrections Seller Documentary stamp tax Seller Recording fees: Deed of conveyance Buyer Recording fees: Instruments to clear title Seller