Common use of Prorations Clause in Contracts

Prorations. Taxes for the current year, interest, maintenance fees, assessments, dues and rents will be prorated through the Closing Date. The tax proration may be calculated taking into consideration any change in exemptions that will affect the current year's taxes. If taxes for the current year vary from the amount prorated at closing, the parties shall adjust the prorations when tax statements for the current year are available. If taxes are not paid at or prior to closing, Buyer shall pay taxes for the current year.

Appears in 59 contracts

Samples: Unimproved Property Contract, Unimproved Property Contract, Unimproved Property Contract

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Prorations. Taxes for the current year, interest, maintenance fees, assessments, dues and rents will be prorated through the Closing Date. The tax proration may be calculated taking into consideration any change in exemptions that will affect the current year's taxes. If taxes for the current year vary from the amount prorated at closing, the parties shall adjust the prorations when tax statements for the current year are available. If taxes are not paid at or prior to closing, Buyer shall pay taxes for the current year.the

Appears in 6 contracts

Samples: One to Four Family Residential Contract (Resale), One to Four Family Residential Contract (Resale), One to Four Family Residential Contract (Resale)

Prorations. Taxes for the current year, interest, rents, and regular periodic maintenance fees, assessments, and dues and rents (including prepaid items) will be prorated through the Closing Date. The tax proration may be calculated taking into consideration any change in exemptions that will affect the current year's taxes. If taxes for the current year vary from the amount prorated at closing, the parties shall adjust the prorations when tax statements for the current year are available. If taxes are not paid at or prior to closing, Buyer shall pay taxes for the current year.

Appears in 5 contracts

Samples: One to Four Family Residential Contract (Resale), One to Four Family Residential Contract (Resale), One to Four Family Residential Contract (Resale)

Prorations. Taxes for the current year, interest, maintenance fees, assessments, dues and rents assessments will be prorated through the Closing Date. The tax proration may be calculated taking into consideration any change in exemptions that will affect the current year's ’s taxes. If taxes for the current year vary from the amount prorated at closing, the parties shall adjust the prorations when tax statements for the current year are available. If taxes are not paid at or prior to closing, Buyer shall pay taxes for the current year.

Appears in 5 contracts

Samples: Earnest Money Contract, Earnest Money Contract, Earnest Money Contract

Prorations. Taxes for the current year, interest, maintenance fees, assessments, dues and rents will be prorated through the Closing Date. The tax proration may be calculated taking into consideration any change in exemptions that will affect the current year's taxes. If taxes for the current year vary from the amount prorated at closing, the parties shall adjust the prorations when tax statements for the current year are available. If taxes are not paid at or prior to closing, Buyer shall pay taxes for the current year.. Contract Concerning Page 6 of 10 11-10-2020

Appears in 2 contracts

Samples: Unimproved Property Contract, Unimproved Property Contract

Prorations. Taxes for the current year, interest, maintenance fees, assessments, dues and rents will be prorated through the Closing Date. The tax proration may be calculated taking into consideration any change in exemptions that will affect the current year's taxes. If taxes for the current year vary from the amount prorated at closing, the parties shall adjust the prorations when tax statements for the current year are available. If taxes are not paid at or prior to closing, Buyer shall pay taxes for the current year.the

Appears in 2 contracts

Samples: One to Four Family Residential Contract (Resale), One to Four Family Residential Contract (Resale)

Prorations. Taxes for the current year, interest, maintenance fees, assessments, dues and rents rents, if any, will be prorated through the Closing Date. The tax proration may be calculated taking into consideration any change in exemptions that will affect the current year's taxes. If taxes for the current year vary from the amount prorated at closing, the parties shall adjust the prorations when tax statements for the current year are available. If taxes are not paid at or prior to closing, Buyer shall pay taxes for the current year.

Appears in 2 contracts

Samples: Sale and Purchase Agreement, Contract for the Sale and Purchase of Real Estate

Prorations. Taxes for the current year, interest, maintenance all fees, assessments, dues and rents will be prorated through the Closing Date. The tax proration may be calculated taking into consideration any change in exemptions that will affect the current year's taxes. If taxes for the current year vary from the amount prorated at closing, the parties shall adjust the prorations when tax statements for the current year are available. If taxes are not paid at or prior to closing, Buyer shall pay taxes for the current year.

Appears in 1 contract

Samples: Sale and Purchase Agreement

Prorations. Taxes for the current year, interest, maintenance fees, assessments, dues dues, and rents will be prorated through the Closing Date. The tax proration may be calculated taking into consideration any change in exemptions that will affect the current year's ’s taxes. If taxes for the current year vary from the amount prorated at closing, the parties shall adjust the prorations proration when tax statements for the current year are available. If taxes are not paid at or prior to closing, Buyer shall pay taxes for the current year.

Appears in 1 contract

Samples: Commercial Property Contract

Prorations. Taxes for the current year, interest, maintenance fees, assessments, dues and rents will be prorated through the Closing Date. The tax proration may be calculated taking into consideration any change in exemptions that will affect the current year's taxes. If taxes for the current year vary from the amount prorated at closing, the parties shall adjust the prorations when tax statements for the current year are available. If taxes are not paid at or prior to closing, Buyer shall pay taxes for the current year.. DEMO

Appears in 1 contract

Samples: Unimproved Property Contract

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Prorations. Taxes for the current year, interest, maintenance fees, assessments, dues and rents will be prorated through the Closing Date. The tax proration may be calculated taking into consideration any change in exemptions that will affect the current year's taxes. If taxes for the current year vary from the amount prorated at closing, the parties shall adjust the prorations when tax statements for the current year are available. If taxes are not paid at or prior to closing, Buyer shall pay taxes for the current year. Rentals which are unknown at time of closing will be prorated between Buyer and Seller when they become known.

Appears in 1 contract

Samples: Farm and Ranch Contract (Valcent Products Inc.)

Prorations. Taxes for the current year, interest, maintenance fees, assessments, dues and rents rents, if any, will be prorated through the Closing Date. The tax proration may be calculated taking into consideration any change in exemptions that will affect the current year's taxes. If taxes for the current year vary from the amount prorated at closing, the parties shall adjust the prorations when tax statements for the current year are available. If taxes are not paid at or prior to closing, Buyer shall pay taxes for the current year.

Appears in 1 contract

Samples: Sale and Purchase Agreement

Prorations. Taxes for the current year, interest, maintenance fees, assessments, dues and rents will be prorated through the Closing Date. The tax proration may be calculated taking into consideration any change in exemptions that will affect the current year's taxes. If taxes for the current year vary from the amount prorated at closing, the parties shall adjust the prorations when tax statements for the current year are available. If taxes are not paid at or prior to closing, Buyer Purchaser shall pay taxes for the current year.

Appears in 1 contract

Samples: Real Estate Purchase Contract (M Wave Inc)

Prorations. Taxes for the current year, interest, maintenance fees, assessments, dues dues, and rents will be prorated through the Closing DateDate based upon currently available information. The tax proration may be calculated taking into consideration any change in exemptions that will affect Should the taxes for the current year's taxesyear not be available, the taxes shall be based upon the preceding years tax statements. If taxes for the current year vary from the amount prorated at closingClosing, the parties Buyer shall adjust the prorations be responsible for any variations in such taxes when tax statements for the current year are availabledue. If taxes are not paid at or prior to closingClosing, Buyer shall pay all applicable taxes for the current year.

Appears in 1 contract

Samples: Design Build Commercial Sales Contract

Prorations. Taxes for the current year, interest, maintenance fees, assessments, dues and rents will be prorated through the Closing Date. The tax proration may be calculated taking into consideration any change in exemptions that will affect the current year's taxes. If taxes for the current year vary from the amount prorated at closing, the parties shall adjust the prorations when tax statements for the current year are available. If taxes are not paid at or prior to closing, Buyer shall pay taxes for the current year.

Appears in 1 contract

Samples: Unimproved Property Contract (Mesa Builders Inc)

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