Common use of REAL ESTATE TAXES, SPECIAL ASSESSMENTS AND PRORATIONS Clause in Contracts

REAL ESTATE TAXES, SPECIAL ASSESSMENTS AND PRORATIONS. (a) Because the Property is subject to a triple net lease (as further set forth in paragraph 10(a)(i)), the parties acknowledge that there shall be no need for a real estate tax proration or operating expenses proration.

Appears in 3 contracts

Samples: Purchase Agreement (Aei Real Estate Fund 86-a LTD Partnership), Purchase Agreement (Aei Real Estate Fund Xvii Limited Partnership), Purchase Agreement (Aei Real Estate Fund Xviii Limited Partnership)

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REAL ESTATE TAXES, SPECIAL ASSESSMENTS AND PRORATIONS. (a) Because the Property is subject to a triple net lease (as further set forth in paragraph 10(a)(i)), the parties acknowledge that there shall be no need for a real estate tax proration or operating expenses proration.

Appears in 3 contracts

Samples: Purchase Agreement (Aei Real Estate Fund 85-B LTD Partnership), Purchase Agreement (Aei Income & Growth Fund Xxi LTD Partnership), Purchase Agreement (Aei Income & Growth Fund 24 LLC)

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