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 April 18, 2022, and any adjustments of rent, insurance, interest and all charges attributable to the SELLERS' possession shall be made as of the date of possession. Closing shall occur after the approval of title by BUYERS and vacation of the Property by XXXXXXX, but prior to possession by BUYERS. SELLERS agree to permit BUYERS to inspect the Property within 0 hours prior to closing to assure that the premises are in the condition required by this Agreement. If possession is given on a day other than closing, the parties shall make a separate agreement with adjustments as of the date of possession. This transaction shall be considered closed: A. Upon the delivery of the title transfer documents to BUYERS and receipt of all funds then due at closing from BUYERS under the Agreement. B. (If "A" is stricken) Upon the filing of the title transfer documents and receipt of all funds due at closing from BUYERS under the Agreement.

Appears in 2 contracts

Samples: Offer to Buy Real Estate, Offer to Buy Real Estate

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POSSESSION AND CLOSING. If BUYERS timely perform all obligations, possession of the Property shall be delivered to Buyers BUYERS on April 18, 2022, and any adjustments of rent, insurance, interest and all charges attributable to the SELLERS' possession shall be made as of the date of possession. Closing shall occur after the approval of title by BUYERS and vacation of the Property by XXXXXXXSELLERS, but prior to possession by BUYERS. SELLERS agree to permit BUYERS to inspect the Property within 0 hours prior to closing to assure ensure that the premises are in the condition required by this Agreement. If possession is given on a day other than closing, the parties shall make a separate agreement with adjustments as of the date of possession. This transaction shall be considered closed: A. Upon the delivery of the title transfer documents to BUYERS and receipt of all funds then due at closing from BUYERS under the Agreement. B. (If "A" is strickenStricken) Upon the filing of the the title transfer documents and receipt of all funds due at closing from BUYERS under the Agreement.

Appears in 1 contract

Samples: Assignment of Real Estate Option Agreement (Akron Riverview Corn Processors, LLC)

POSSESSION AND CLOSING. If BUYERS timely perform all obligations, possession of the Property shall be delivered to Buyers BUYERS on April 18August 20, 20222021, and any adjustments of rent, insurance, taxes, interest and all charges attributable to the SELLERS' SELLER'S possession shall be made as of the date of possession. Closing shall occur after the approval of title by BUYERS buyers' attorney and vacation of the Property by XXXXXXXSELLER, but prior to possession by BUYERS. SELLERS agree SELLER agrees to permit BUYERS to inspect the Property within 0 hours prior to closing to assure that the premises are in the condition required by this Agreement. If possession is given on a day other than closing, the parties shall make a separate agreement with adjustments as of the date of possession. This transaction shall be considered closed: A. Upon the delivery of the title transfer documents to BUYERS and receipt of all funds then due at closing from BUYERS under the Agreement. B. (If "A" is stricken) Upon the filing of the title transfer documents and receipt of all funds due at closing from BUYERS under the Agreement.

Appears in 1 contract

Samples: Residential Purchase Agreement

POSSESSION AND CLOSING. If BUYERS timely perform all obligations, possession of the Property shall be delivered to Buyers on April 18or before June 1, 20222020, and any adjustments of rent, insurance, interest and all charges attributable to the SELLERS' possession shall be made as of the date of possession. Closing shall occur after the approval of title by BUYERS and vacation of the Property by XXXXXXX, but prior to possession by BUYERS. SELLERS XXXXXXX agree to permit BUYERS to inspect the Property within 0 72 hours prior to closing to assure that the premises are in the condition required by this Agreement. If possession is given on a day other than closing, the parties shall make a separate agreement with adjustments as of the date of possession. This transaction shall be considered closed: A. Upon the delivery of the title transfer documents to BUYERS and receipt of all funds then due at closing from BUYERS under the Agreement. B. (If "A" is stricken) Upon the filing of the title transfer documents and receipt of all funds due at closing from BUYERS under the Agreement.

Appears in 1 contract

Samples: Offer to Buy Real Estate

POSSESSION AND CLOSING. If BUYERS timely perform all obligations, possession of the Property shall be delivered to Buyers on April 18December 31, 20222021, and any adjustments of rent, insurance, interest and all charges attributable to the SELLERS' possession shall be made as of the date of possession. Closing shall occur after the approval of title by BUYERS and vacation of the Property by XXXXXXX, but prior to possession by BUYERS. SELLERS XXXXXXX agree to permit BUYERS to inspect the Property within 0 48 hours prior to closing to assure that the premises are in the condition required by this Agreement. If possession is given on a day other than closing, the parties shall make a separate agreement with adjustments as of the date of possession. This transaction shall be considered closed: A. Upon the delivery of the title transfer documents to BUYERS and receipt of all funds then due at closing from BUYERS under the Agreement. B. (If "A" is stricken) Upon the filing of the title transfer documents and receipt of all funds due at closing from BUYERS under the Agreement.

Appears in 1 contract

Samples: Offer to Buy Real Estate and Acceptance

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POSSESSION AND CLOSING. If BUYERS timely perform all obligations, possession of the Property shall be delivered to Buyers on April 18September 20, 20222019. Title Insurance in the full amount of the purchase price will be provided by the Seller, and any adjustments of rent, insurance, interest and all charges attributable to the SELLERS' possession shall be made as of the date of possession. Projected date of closing is September 20, 2019 (subject to tenant’s rights on the tillable land). Closing shall occur after the approval of title by BUYERS and vacation of the Property by XXXXXXX, but prior to possession by BUYERS. SELLERS XXXXXXX agree to permit BUYERS to inspect the Property within 0 24 hours prior to closing to assure that the premises are in the condition required by this Agreement. If possession is given on a day other than closing, the parties shall make a separate agreement with adjustments as of the date of possession. This transaction shall be considered closed: A. Upon the delivery of the title transfer documents to BUYERS and receipt of all funds then due at closing from BUYERS under the Agreement. B. (If "A" is stricken) Upon the filing of the title transfer documents and receipt of all funds due at closing from BUYERS under the Agreement.

Appears in 1 contract

Samples: Offer to Buy Real Estate

POSSESSION AND CLOSING. If BUYERS timely perform all obligations, possession of the Property shall be deemed delivered to Buyers BUYERS on April 18, 2022_____________________, and any adjustments of rent, insurance, interest and all charges attributable to the SELLERS' possession shall be made as of the date of possession. Closing shall occur after the approval of title by BUYERS XXXXX and vacation of the Property by XXXXXXXSELLERS, but prior to possession by BUYERS. SELLERS agree to permit BUYERS to inspect the Property within 0 ____ hours prior to closing to assure ensure that the premises are in the condition required by this Agreement. If possession is given on a day other than closing, the parties shall make a separate agreement with adjustments as of the date of possession. This transaction shall be considered closed: A. Upon the delivery of the title transfer documents to BUYERS and receipt of all funds then due at closing from BUYERS under the Agreement. B. (If "A" is strickenStricken) Upon the filing of the title transfer documents and receipt of all funds due at closing from BUYERS under the Agreement.

Appears in 1 contract

Samples: Assignment of Real Estate Option Agreement (Akron Riverview Corn Processors, LLC)

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