POSSESSION CLOSING Sample Clauses
The Possession Closing clause defines the specific moment when the buyer is entitled to take physical possession of the property, typically coinciding with the completion of the sale. In practice, this clause outlines whether possession is transferred immediately upon closing or at a later agreed-upon date, and may address related details such as the condition of the property at transfer or any interim occupancy arrangements. Its core function is to provide clarity and prevent disputes by establishing a clear timeline and expectations for when the buyer can occupy the property.
POSSESSION CLOSING. Sellers shall give Buyers possession of the Real Estate on the day of closing, provided Buyers are not in default under this contract. Closing shall be on or before July 29, 2019, subject to tenant’s rights on the tillable land.
POSSESSION CLOSING. Sellers shall give Buyers possession of the Real Estate on or about December 29, 2020, provided Buyers are not in default under this contract, and subject to tenant’s rights on tillable acres, hay ground, pasture and buildings, until February 28, 2021. Closing shall be on or about December 29, 2020.
POSSESSION CLOSING. Sellers shall give Buyers possession of the Real Estate on or about March 11, 2022, provided Buyers are not in default under this contract. Closing shall be on or about March 11, 2022.
POSSESSION CLOSING. Closing shall be on or before February 1, 2021. Sellers shall give Buyers possession of the Real Estate on or before February 1, 2021, provided Buyers are not in default under this contract.
POSSESSION CLOSING. Sellers shall give Buyers possession of the Real Estate at Closing, provided Buyers are not in default under this Contract. Closing shall be upon delivery to Buyers of a merchantable abstract and deed at a time and place to be mutually agreed upon by the parties. In the absence of such an agreement, closing shall occur on or about November 7, 2016, at 10:30 a.m. at Fehseke & ▇▇▇▇ Law Offices in Fort Madison, Iowa.
POSSESSION CLOSING. Sellers shall give Buyers possession of the Real Estate simultaneous with closing, provided Buyers are not in default under this contract. Closing shall be as soon as reasonably practical after merchantable title has been established, with a tentative closing date of January 6, 2020.
POSSESSION CLOSING. Sellers shall give Buyers possession of the Real Estate on or before July 25, 2024, provided Buyers are not in default under this contract. Closing shall be on or before July 25, 2024, in the offices of Lloyd, McConnell, ▇▇▇▇▇ & ▇▇▇▇▇, L.L.P., ▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇, Washington, Iowa.
POSSESSION CLOSING. Seller shall give Buyers possession of the Real Estate, subject to any existing farm tenancy, on closing, provided Buyers are not in default under this contract. Closing shall be on February 7, 2022, unless the parties agree on an earlier date. Buyers full possession shall be at the expiration of the existing farm tenancy on March 1, 2022.
POSSESSION CLOSING. If BUYERS timely perform all obligations, possession of the Property shall be delivered to BUYERS on July 1, 2022, 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 ▇▇▇▇▇▇▇, but prior to possession by BUYERS. ▇▇▇▇▇▇▇ agree to permit BUYERS to inspect the Property within twenty-four (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 the delivery of the title transfer documents to BUYERS and receipt of all funds then due at closing from BUYERS under the Agreement.
POSSESSION CLOSING. Sellers shall give Buyers possession of the Real Estate on the projected date of July 8, 2016, provided Buyers are not in default under this contract. Buyers and Sellers may mutually agree on another closing date as follows: , 2016. Buyers initials (if alternate date) Sellers initials (if alternate date)