Common use of Information Provided to Property Owners Clause in Contracts

Information Provided to Property Owners. The Trust shall provide the owner of Property on which a tax lien has been sold pursuant to this Agreement a detailed itemization of taxes, interest, surcharges, and fees charged to such owner on all tax lien statements of amounts due or bill of charges. Such fees shall be bona fide, reasonable and, in the case of attorney fees, customary. The Trust may perform this obligation by requiring its tax lien Servicers to undertake such duties.

Appears in 4 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!