Payment of Costs and Recording Fees. At Closing, Seller shall pay any transfer tax, documentary stamps and sales tax imposed in connection with the sale of the Property. At Closing, Buyer shall pay: (A) any recording fees necessary to record the Deed; (B) the cost of the Title Report (as defined below in Section 6(a)), the cost of obtaining the Survey, and the cost of the owner’s title insurance policy (the “Title Policy”); and (C) all costs and expenses incurred by Buyer in connection with Xxxxx’s due diligence review of the Property. Buyer shall also pay for the cost of Title Insurer’s escrow fees. Unless otherwise expressly set forth herein, all other costs and expenses shall be allocated between the Seller and Buyer in accordance with applicable local custom for similar transactions.
Payment of Costs and Recording Fees. All escrow or closing costs, including, without limitation, transfer taxes, recording charges and any premiums or fees required to be paid with respect to the Title Policy, shall be allocated equally between Seller and Buyer. The provisions of this Section 2(c) shall survive the Closing.
Payment of Costs and Recording Fees. At Closing, Seller shall pay: (i) any applicable transfer tax and (ii) recording costs in connection with the removal of any encumbrances in accordance with this Agreement. At Closing, Buyer shall pay: (i) any applicable “Mansion Tax”; (ii) the cost of the Title Policy and any loan title insurance policy; (iii) any escrow fees and (iv) recording costs for the Deed. Seller and Buyer shall be responsible for their own attorneys’ fees.
Payment of Costs and Recording Fees. (i) At Closing, Buyer shall pay: (1) any premium or cost for any “extended coverage” under the Title Policy (as hereinafter defined) and the cost of any endorsements thereto (other than the cost of any endorsement issued in connection
Payment of Costs and Recording Fees. At Closing, Buyer shall pay: (i) 50% of the transfer taxes; (ii) the deed preparation and recording fees necessary to record the deed at the register of deeds office where the Property is located; (iii) the title insurance premium for the owner’ title insurance policy for the Property to be issued to Buyer, including extended coverage and any title insurance endorsements requested by Buyer; and (iv) the cost of any escrow fees. At Closing, Seller shall pay 50% of the transfer taxes. Seller and Buyer shall be responsible for their own attorney’s fees.
Payment of Costs and Recording Fees. (i) At Closing, Buyer shall pay: (1) any premium or cost for any “extended coverage” under the Title Policy and the cost of any endorsements thereto (other than the cost of any endorsement issued in connection with the cure of any title or survey exceptions that Seller elects or is expressly obligated to cure in accordance with this Agreement); (2) one half of any reasonable escrow fees (and any other escrow fees) charged by the Title Insurer; (3) all costs, expenses and charges incurred in connection with any loan or financing obtained by Buyer, including the cost of any recording fees and any lender’s policy or policies of title insurance issued to any lender to Buyer; (4) one half of the recording costs for each Deed (other than transfer taxes); (5) all costs associated with Buyer’s due diligence.
(ii) At Closing, Seller shall pay: (1) any premium or cost for the base premium for the Title Policy and the cost of any endorsements thereto issued in connection with the cure of any title or survey exceptions that Seller elects or is expressly obligated to cure in accordance with this Agreement; (2) one half of any reasonable escrow fees (and any other escrow fees) charged by the Title Insurer; (3) the costs to update and certify the abstracts of title, and the cost of the required title examination; and (4) one half of the recording costs for each Deed (other than transfer taxes).
(iii) Seller shall pay all applicable transfer taxes with respect to the Property.
(iv) All other costs and expenses of Closing shall be borne by Seller or Buyer in accordance with local custom.
Payment of Costs and Recording Fees. At Closing, Seller shall pay: (i) one half of any escrow fees charged by the Escrow Agent, (ii) its own legal fees, (iii) fees for valuation services, (iv) consulting fees, (v) title policy premium for a standard owner’s policy in the amount of the Purchase Price, and the cost of any endorsements to the Title Policy in connection with the removal of any Must Cure Items, and (vi) title search and examination fees, recording fees and transfer taxes (all as per local custom for each applicable Property). At Closing, Buyer shall pay: (a) the cost of any loan title insurance policy, (b) one half of any escrow fees charged by the Escrow Agent, (c) its own legal fees, (d) costs attributable to Property Condition Reports, Environmental Reports, ALTA As-built surveys and extended ALTA policies (if desired), (e) title search and examination fees and transfer taxes (all as per local custom for each applicable Property, (f) any loan costs involved in connection with its lender and the lender’s insurance premium and endorsements, if applicable, and (g) recording fees (excluding Seller’s Must Cure Items. All other closing costs incurred in connection with this transaction shall be apportioned in accordance with local custom.
Payment of Costs and Recording Fees. At Closing, Seller shall pay: (i) one half of any escrow fees, (ii) recording costs in connection with the removal of any encumbrances in accordance with this Agreement, (iii) recording costs for the Deeds, to remove any encumbrances from title that Seller is required to or elects to remove pursuant to this Agreement, any memos of lease and any SNDAs; (iv) all transfer taxes and (v) the cost of the premium for the Title Policy. At Closing, Buyer shall pay: (i) the cost of any loan title insurance policy; (ii) one half of any escrow fees, (iii) the cost of any endorsements to the Title Policy requested by Buyer, and (iv) the cost of obtaining Surveys.
Payment of Costs and Recording Fees. At Closing, Seller shall pay: (i) the cost to cure any Objections (as defined below) which Seller elects (or is required) to cure in accordance with Section 6 hereof; (ii) one-half of the cost of escrow fees; and (iii) the title insurance base premium for the owner’s title insurance policy for the Property in the amount of the Purchase Price to be issued to Buyer (the “Title Policy”). At Closing, Buyer shall pay: (i) the cost of any recording fees with respect to the Deed and any mortgage or deed of trust (if any) for any financing obtained by Buyer at Closing; (ii) any costs of any title insurance endorsements (or additional title insurance coverage in excess of the Purchase Price) requested by Buyer with respect to the Title Policy; (iii) the title insurance premium for any title insurance issued in favor of Buyer’s lender (if any); (iv) the cost of the Survey (not to exceed $8,000.00), environmental reports and other due diligence investigations undertaken by Buyer; and (v) one-half of the cost of escrow fees. Seller and Buyer shall be responsible for their own attorney’s fees.
Payment of Costs and Recording Fees. (a) The respective Sellers shall pay or be charged with the following costs and expenses in connection with this transaction:
(i) 100% of all Owner’s Title Insurance policy premiums, search costs including a survey endorsement (but excluding any other endorsements issued in connection with such policies) for Property located in the states of Arizona, California, Colorado, Nevada and Texas. 50% of all escrow fees of the Escrow Agent. 50% of all Owner’s Title Insurance policy premiums, search costs of the Escrow Agent including a survey endorsement (but excluding any other endorsements issued in connection with such policies) for Property located in the state of Georgia;
(ii) 100% of all transfer taxes and conveyance fees for Property located in the states of Arizona, California, Colorado, Nevada and Texas on the sale and transfer of the Property shall be paid by each Seller. 50% of all transfer taxes and conveyance fees for Property located in the state of Georgia on the sale and transfer of the Property shall be paid by each Seller;
(iii) Broker’s commission payments (for both leasing and sales commissions earned), in accordance with Section 24 of this Agreement; and
(iv) All fees relating to the granting, executing and recording of the Deed for the respective Properties and for any costs incurred in connection with the release of existing debt, including, but not limited to, prepayment penalty fees and recording fees for documents providing for the release of the applicable Property from the existing debt.
(b) Buyer shall pay or be charged with the following costs and expenses in connection with this transaction, which costs shall be referred to as “Buyer’s Closing Costs”:
