Common use of REAL ESTATE TAXES - Drainage Taxes and Special Assessment Clause in Contracts

REAL ESTATE TAXES - Drainage Taxes and Special Assessment. The 2023 real estate taxes, special assessments due and payable in 2024 shall be paid by Seller. The 2024 real estate taxes, special assessments due and payable in 2025 shall be paid by Xxxxx. If payment is the responsibility of the Seller, (a) taxes will be paid at closing, or (b) X Buyer shall be credited for the 2023 real estate taxes at closing, based upon the most current and available information, including confirmed multipliers. The 20 real estate taxes, special assessments due and payable in 20 shall be prorated to the date of closing or prorated to , 20 , and a credit given to buyer at closing. The 2023 drainage taxes due and payable in 2024 shall be paid by Xxxxxx and credited to Xxxxx at closing. Buyer shall be responsible for all subsequent drainage taxes. If Xxxxx receives a credit at closing, payment of said taxes for which the credit is applicable is now the responsibility of the Buyer.

Appears in 2 contracts

Samples: Purchase Agricultural Land, Purchase Agricultural Land

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REAL ESTATE TAXES - Drainage Taxes and Special Assessment. The 2022 real estate taxes, special assessments due and payable in 2023 shall be paid by _Seller_. The 2023 real estate taxes, special assessments due and payable in 2024 shall be paid by Seller. The 2024 real estate taxes, special assessments due and payable in 2025 shall be paid by Xxxxx_Buyer_. If payment is the responsibility of the Seller, (a) taxes will be paid at closing, or (b) X b)_X_ Buyer shall be credited for the 2023 2022 real estate taxes at closing, based upon the most current and available information, including confirmed multipliers. The 20 real estate taxes, special assessments due and payable in 20 shall be prorated to the date of closing or prorated to , 20 , and a credit given to buyer at closing. The 2023 2022 drainage taxes due and payable in 2024 2023 shall be paid by Xxxxxx _Seller and credited to Xxxxx at closing. Buyer shall be responsible for all subsequent drainage taxes. If Xxxxx receives a credit at closing, payment of said taxes for which the credit is applicable is now the responsibility of the Buyerbuyer.

Appears in 1 contract

Samples: Purchase Agricultural Land

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REAL ESTATE TAXES - Drainage Taxes and Special Assessment. The 2023 2023_ real estate taxes, special assessments due and payable in 2024 shall be paid by Seller_Seller . The 2024 2024_ real estate taxes, special assessments due and payable in 2025 shall be paid by Xxxxx_Buyer . If payment is the responsibility of the Seller, (a) taxes will be paid at closing, or (b) X Buyer shall be credited for the 2023 real estate taxes at closing, based upon the most current and available information, including confirmed multipliers. The 20 real estate taxes, special assessments due and payable in 20 shall be prorated to the date of closing or prorated to , 20 , and a credit given to buyer at closing. The 2023 2023_ drainage taxes due and payable in 2024 shall be paid by Xxxxxx _Seller and credited to Xxxxx Buyer at closingClosing. Buyer shall be responsible for all subsequent drainage taxes. If Xxxxx receives a credit at closing, payment of said taxes for which the credit is applicable is now the responsibility of the Buyerbuyer.

Appears in 1 contract

Samples: Purchase Agricultural Land

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