Expenses of Closing. Costs and expenses shall be paid in cash at or ------------------- before the Closing as follows:
4.2.1 Seller shall pay the cost of the owner's title insurance policy from the Title Insurer, subject to the terms of section 4.2.2 of this Agreement; 4.
Expenses of Closing. 9.1 Adjustments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9.2
Expenses of Closing. The expenses of Closing shall be paid as follows:
(a) Buyer shall pay all sales and use taxes arising out of the transfer of the Assets, if any.
(b) Except as otherwise expressly provided in this Agreement, all other Closing fees and costs, including, but not limited to, legal fees, accounting fees, consulting fees, and other incidental expenses in connection with the transactions contemplated by this Agreement shall be borne by the party that incurs such expenses.
Expenses of Closing. A. The additional costs to be paid by the Purchaser at the Closing include the following:
1. All closing costs associated with any loan obtained by Purchaser, including the loan origination fee, prepaid items such as interest and escrows, loan discount points, Purchaser’s legal fees, and any insurance premiums (including private mortgage insurance and homeowners’ insurance);
2. All title search costs and title insurance premiums;
3. The cost of recording the deed and the deed of trust, if Purchaser obtains a loan;
4. Purchaser’s pro rata share of all real property taxes on the Townhome, which shall be prorated on a calendar year basis as of the Closing Date;
5. Purchaser’s pro rata share of the first monthly installment of the monthly maintenance and operational assessments to be paid to the Association for the Townhome, which assessments are set forth in the approved budget (the “Common Expenses”), prorated to the date of Closing; and
6. An initial working capital contribution in an amount equal to twice the monthly installment of the assessment for Common Expenses against the Townhome. These amounts shall be forwarded to the Association, and shall not be refundable.
B. The Seller agrees to pay the following amounts in connection with the Closing:
1. The expense of preparation of the deed, the lien affidavit, a non-foreign affidavit and the Internal Revenue Service Form 1099; and
2. The cost of revenue stamps on the deed, and the cost of recording any release documents.
3. The deed is to be made to: .
Expenses of Closing. 19 ------------------- 9.1 ADJUSTMENTS........................................... 19 9.2
Expenses of Closing. At the time of Closing: (a) GEC and the Tribe shall pay: (i) all real estate recordation taxes in order to transfer title pursuant to the Deed; (ii) the title insurance premium, (iii) the cost of the Survey, (iv) recording fees for any other Closing documents required hereunder, including the Construction and Use Covenant and the C&REA;
Expenses of Closing. The Seller shall pay the cost of the State of Georgia transfer tax due on the conveyance of the Property, if any. The Purchaser shall pay the survey costs, title examination costs, title certification costs, title insurance premiums, any fees charged by the Escrow Agent, and any other costs incurred by the Purchaser. Each party shall bear the expense of its own legal counsel.
Expenses of Closing. 25 8.1 Adjustments.......................................25 8.2
Expenses of Closing. The expenses of Closing shall be paid in the following manner: (i) Seller shall pay: 1. The cost of securing the CLTA standard coverage portion of the Title Policy that is attributable to the required ALTA Owner's coverage, the cost of title endorsements deemed reasonably necessary to satisfy a specific title exception objection by Purchaser); 2. Documentary transfer tax (County and City) imposed on the conveyance of title to the Property to Purchaser; 3. Any sales or use taxes that may be owing in connection with the transactions contemplated by this Agreement; and 4. One-half of Escrow Agent's Escrow Fee.
Expenses of Closing. Seller will pay (i) the base premium for the Owner Policy; (ii) 1/2 of any escrow fee; (iii) Seller’s attorneys’ fees; (iv) Seller’s appropriate share of the prorations set forth in Section 4(e) below; and (v) other expenses stipulated to be paid by Seller under other provisions of this Agreement. Purchaser will pay (A) the premium for any endorsements (including extended coverage) to the Owner Policy and the cost of any lender policies and endorsements thereto and any additional cost of any co-insurance required by Purchaser or its lender ; (B) recording fees; (C) the cost of obtaining an updated survey; (D) 1/2 of any escrow fee; (E) Purchaser’s attorneys’ fees; (F) Purchaser’s appropriate share of the prorations set forth in Section 4(e) below; and (G) other expenses stipulated to be paid by Purchaser under other provisions of this Agreement.