Common use of Property Expenses Clause in Contracts

Property Expenses. There shall be no proration at Closing of utilities and Common Area assessments for the Unit or the ABAG Unit. These expenses shall be paid by ABAG and the BAHA, respectively, after Closing.

Appears in 3 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

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Property Expenses. There shall be no proration at Closing of utilities and Common Area common area assessments for the Unit Property or the ABAG UnitProperty. These expenses shall be paid by ABAG and the BAHAMTC, respectively, after Closing.

Appears in 1 contract

Samples: Purchase and Sale Agreement and Joint Escrow Instructions

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