Common use of POSSESSION AND CLOSING Clause in Contracts

POSSESSION AND CLOSING. If BUYERS timely perform all obligations, possession of the Property shall be delivered to BUYERS on closing, and any adjustments of rent, insurance, taxes, interest and all charges attributable to the SELLERS' possession shall be made as of the date of possession. Closing shall occur after approval of title by buyers' attorney and vacation of the Property by SELLERS. This transaction shall be considered closed upon the filing of title transfer documents and receipt of all funds then due at closing from BUYERS under the Agreement.

Appears in 2 contracts

Samples: Residential Purchase Agreement, Residential Purchase Agreement

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POSSESSION AND CLOSING. If BUYERS timely perform all obligations, Closing shall take place, and possession of the Property shall be delivered to BUYERS BUYERS, as soon as possible after completion of BUYERS’ title examination, on closinga date mutually agreed upon by the parties, and but in any adjustments of rentcase not later than December 15, insurance, taxes, interest and all charges attributable to the SELLERS' possession shall be made as of the date of possession. Closing shall occur after approval of title by buyers' attorney and vacation of the Property by SELLERS2023. This transaction shall be considered closed upon the filing delivery of the title transfer documents to BUYERS and receipt of all funds then due at closing from BUYERS under the Agreement.

Appears in 2 contracts

Samples: cdn.steffesgroup.com, cdn.steffesgroup.com

POSSESSION AND CLOSING. If BUYERS timely perform all obligations, Closing shall take place, and possession of the Property shall be delivered to BUYERS on closinga date mutually agreed upon by the parties, and but in any adjustments of rentcase not later than January 19, insurance, taxes, interest and all charges attributable to the SELLERS' possession shall be made as of the date of possession. Closing shall occur after approval of title by buyers' attorney and vacation of the Property by SELLERS2024. This transaction shall be considered closed upon the filing delivery of the title transfer documents to BUYERS and receipt of all funds then due at closing from BUYERS under the Agreement.

Appears in 1 contract

Samples: cdn.steffesgroup.com

POSSESSION AND CLOSING. If BUYERS timely perform all obligations, Closing shall take place, and possession of the Property shall be delivered to BUYERS BUYERS, as soon as possible after completion of BUYERS’ title examination, on closinga date mutually agreed upon by the parties, and but in any adjustments of rentcase not later than May 5, insurance, taxes, interest and all charges attributable to the SELLERS' possession shall be made as of the date of possession. Closing shall occur after approval of title by buyers' attorney and vacation of the Property by SELLERS2023. This transaction shall be considered closed upon the filing delivery of the title transfer documents to BUYERS and receipt of all funds then due at closing from BUYERS under the Agreement.

Appears in 1 contract

Samples: cdn.steffesgroup.com

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POSSESSION AND CLOSING. If BUYERS timely perform all obligations, Closing shall take place, and possession of the Property shall be delivered to BUYERS BUYERS, as soon as possible after completion of BUYERS’ title examination, on closinga date mutually agreed upon by the parties, and but in any adjustments of rentcase not later than August 15, insurance, taxes, interest and all charges attributable to the SELLERS' possession shall be made as of the date of possession. Closing shall occur after approval of title by buyers' attorney and vacation of the Property by SELLERS2022. This transaction shall be considered closed upon the filing delivery of the title transfer documents to BUYERS and receipt of all funds then due at closing from BUYERS under the Agreement.

Appears in 1 contract

Samples: cdn.steffesgroup.com

POSSESSION AND CLOSING. If BUYERS timely perform all obligations, Closing shall take place, and possession of the Property shall be delivered to BUYERS BUYERS, as soon as possible after completion of BUYERS’ title examination, on closinga date mutually agreed upon by the parties, and but in any adjustments of rentcase not later than February 13, insurance, taxes, interest and all charges attributable to the SELLERS' possession shall be made as of the date of possession. Closing shall occur after approval of title by buyers' attorney and vacation of the Property by SELLERS2023. This transaction shall be considered closed upon the filing delivery of the title transfer documents to BUYERS and receipt of all funds then due at closing from BUYERS under the Agreement.

Appears in 1 contract

Samples: portalvhdskp5mrrlnwydmp.blob.core.windows.net

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