Common use of Prorations and Risk of Loss Clause in Contracts

Prorations and Risk of Loss. Proration of maintenance charges and other common expenses and real property taxes, and Koa Ridge Owners Association assessments will be made as of the Scheduled Closing Date. Xxxxx will be responsible for any loss or damage to the Property starting on the earlier of the Closing Date or the date Buyer takes possession of the Property.

Appears in 21 contracts

Samples: Reservation and Sales Agreement, Sales Agreement, Sales Agreement

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