PRORATIONS; REAL ESTATE TAXES AND ASSESSMENTS; CLOSING COSTS Sample Clauses

PRORATIONS; REAL ESTATE TAXES AND ASSESSMENTS; CLOSING COSTS. (a) Xxxxx, and Xxxxx’s successors and assigns, shall be liable for any and all real property taxes and assessments assessed and levied against the Property with respect to the year in which the Closing takes place and for all subsequent years. Seller shall have no liability for any real property taxes or assessments associated with the Property, and nothing in this Agreement shall be construed to require the proration or other apportionment of real property taxes or assessments resulting in Seller’s liability therefor.
Sample 1
AutoNDA by SimpleDocs
PRORATIONS; REAL ESTATE TAXES AND ASSESSMENTS; CLOSING COSTS. Buyer agrees to pay all general taxes and special assessments on the Property, whether now owing or hereafter attaching to the Property. In addition to the Purchase Price, Buyer will pay any and all closing costs, including all deed taxes and other costs for recording deeds. Seller will be responsible for the cost of abstract of title, drafting the deed, updating, and any correction that is required of the abstract. Seller shall not be responsible for the payment of commission to the Buyer’s licensed real estate agent, if any.
Sample 1
PRORATIONS; REAL ESTATE TAXES AND ASSESSMENTS; CLOSING COSTS. A. Xxxxx, and Xxxxx’s successors and assigns, shall be liable for any and all real property taxes and assessments assessed and levied against the Property with respect to the year in which the Closing takes place and for all subsequent years. Seller shall have no liability for any real property taxes or assessments associated with the Property, and nothing in this Agreement shall be construed to require the proration or other apportionment of real property taxes or assessments resulting in Seller’s liability therefor.
Sample 1

Related to PRORATIONS; REAL ESTATE TAXES AND ASSESSMENTS; CLOSING COSTS

  • Closing Costs The costs attributed to the Closing of the Property shall be the responsibility of ☐ Buyer ☐ Seller ☐ Both Parties. The fees and costs related to the Closing shall include but not be limited to a title search (including the abstract and any owner’s title policy), preparation of the deed, transfer taxes, recording fees, and any other costs by the title company that is in standard procedure with conducting the sale of a property.

  • Taxes and Assessments As of the date of origination and, to the Mortgage Loan Seller’s knowledge, as of the Cut-off Date, all taxes, governmental assessments and other outstanding governmental charges (including, without limitation, water and sewage charges) due with respect to the Mortgaged Property (excluding any related personal property) securing a Mortgage Loan that is or could become a lien on the related Mortgaged Property that became due and owing prior to the Cut-off Date with respect to each related Mortgaged Property have been paid, or, if the appropriate amount of such taxes or charges is being appealed or is otherwise in dispute, the unpaid taxes or charges are covered by an escrow of funds or other security sufficient to pay such tax or charge and reasonably estimated interest and penalties, if any, thereon. For purposes of this representation and warranty, any such taxes, assessments and other charges shall not be considered due and payable until the date on which interest and/or penalties would be payable thereon.

Time is Money Join Law Insider Premium to draft better contracts faster.