Common use of Land Use Assessment Clause in Contracts

Land Use Assessment. In the event the Property is taxed under land use assessment and this sale results in disqualification from land use eligibility, Seller shall pay, when assessed, whether at or after Settlement, any rollback taxes assessed. If the Property continues to be eligible for land use assessment, Xxxxxxxxx agrees to make application, at Purchaser's expense, for continuation under land use, and to pay any rollback taxes resulting from failure to file or to qualify.

Appears in 37 contracts

Samples: Contract of Purchase, Contract of Purchase, Contract of Purchase

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Land Use Assessment. In the event the Property is taxed under land use assessment and this sale results in disqualification from land use eligibility, Seller shall pay, when assessed, whether at or after Settlement, any rollback taxes assessed. If the Property continues to be eligible for land use assessment, Xxxxxxxxx Purchaser agrees to make application, at Purchaser's expense, for continuation under land use, and to pay any rollback taxes resulting from failure to file or to qualify.

Appears in 12 contracts

Samples: Online Auction Bidders Agreement, Online Auction Bidders Agreement, Contract of Purchase

Land Use Assessment. In the event the Property is taxed under land use assessment and this sale results in disqualification from land use eligibility, Seller Purchaser shall pay, when assessed, whether at or after Settlement, pay any rollback taxes assessed. If the Property continues to be eligible for land use assessment, Xxxxxxxxx agrees to make application, application at Purchaser's expense, expense for continuation under land use, and to pay any rollback taxes resulting from failure to file or to qualify. Notwithstanding anything herein to the contrary, the provisions of this Paragraph C shall survive settlement and the delivery of the deed.

Appears in 3 contracts

Samples: Residential Auction Purchase Agreement, Residential Auction Purchase Agreement, Residential Auction Purchase Agreement

Land Use Assessment. In the event the Property is taxed under land use assessment and this sale results in disqualification from land use eligibility, Seller shall pay, when assessed, whether at or after Settlement, any rollback taxes assessed. If the Property continues to be eligible for land use assessment, Xxxxxxxxx Purchaser agrees to make application, at Purchaser's expense, for continuation under land use, and to pay any rollback taxes resulting ** SAMPLE ** 6 from failure to file or to qualify.

Appears in 1 contract

Samples: Contract of Purchase

Land Use Assessment. In the event the Property is taxed under land use assessment and this sale results in disqualification from land use eligibility, Seller shall pay, when assessed, whether at or after Settlement, any rollback taxes assessedassessed up to the settlement ate. If the Property continues to be eligible for land use assessment, Xxxxxxxxx Xxxxx agrees to make application, at PurchaserXxxxx's expense, for continuation under land use, and to pay any rollback taxes resulting from failure to file or to qualify.. b.)

Appears in 1 contract

Samples: www.passionateauctioneer.com

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Land Use Assessment. In the event event, the Property is taxed under land use assessment assessment, and this sale results in disqualification from land use eligibility, Seller shall pay, when assessed, whether at or after Settlement, pay any rollback taxes assessed. If the Property continues to be eligible for land use assessment, Xxxxxxxxx Xxxxx agrees to make application, at PurchaserXxxxx's expense, for continuation under land use, use and to pay any rollback taxes resulting from failure to file or to qualify. Notwithstanding anything herein to the contrary, the provisions of this paragraph shall survive settlement and the delivery of the deed of bargain and sale.

Appears in 1 contract

Samples: Real Estate Purchase Agreement

Land Use Assessment. In the event the Property is taxed under land use assessment and this sale results in disqualification from land use eligibility, Seller shall pay, when assessed, whether at or after Settlement, any rollback taxes assessed. If the Property continues to be eligible for land use assessment, Xxxxxxxxx agrees to make application, at Purchaser's expense, for continuation under land use, and to pay any rollback taxes resulting from failure to file or to qualify.. Seller’s Initials ________ Purchaser’s Initials __________

Appears in 1 contract

Samples: Contract of Purchase

Land Use Assessment. In the event the Property is taxed under land use assessment and this sale results in disqualification from land use eligibility, Seller shall pay, when assessed, whether at or after Settlement, any rollback taxes assessed. If the Property continues to be eligible for land use assessment, Xxxxxxxxx Purchaser agrees to make application, at Purchaser's expense, for continuation under land use, and to pay any rollback taxes resulting from failure to file or to qualify.resulting

Appears in 1 contract

Samples: Real Estate Purchase Contract

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