Common use of Real Estate Taxes and Special Assessments Clause in Contracts

Real Estate Taxes and Special Assessments. Seller shall pay prior to Closing any and all delinquent real estate taxes and assessments with respect to the Property. General real estate taxes and assessments payable for the fiscal year in which the Closing occurs shall be prorated as of the Closing Date.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Pacific Gulf Properties Inc), Purchase and Sale Agreement (Pacific Gulf Properties Inc), Purchase and Sale Agreement (Pacific Gulf Properties Inc)

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Real Estate Taxes and Special Assessments. Seller shall pay prior to Closing any and all delinquent real estate taxes and installments of special assessments with respect payable prior to the Propertyyear of Closing. General real Real estate taxes and installments of special assessments payable for in the fiscal year in which the of Closing occurs shall be prorated between Buyer and Seller as of the Closing Date. Buyer shall be solely responsible for all real estate taxes, installments of special assessments, deferred special assessments, and the first special assessments, in the years following the year of Closing.

Appears in 2 contracts

Samples: Real Estate Purchase Agreement, Real Estate Purchase Agreement

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Real Estate Taxes and Special Assessments. Seller shall pay at the Closing any current installments of all special assessments or taxes affecting the Property which would become delinquent if not paid prior to the Closing any and all Date. All other special assessments shall be paid by Purchaser. Any delinquent real estate and personal property taxes and assessments with respect to on the Property. General real estate taxes and assessments payable for the fiscal year in which Property shall be paid at the Closing occurs shall be prorated as of the Closing Dateby Seller.

Appears in 1 contract

Samples: Real Estate Purchase and Sale Agreement (County Bancorp, Inc.)

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