Common use of REBATES AND TAX CREDITS Clause in Contracts

REBATES AND TAX CREDITS. Xxxxx acknowledges the property was constructed to meet Build Green New Mexico standards, thereby qualifying the home for State of New Mexico income tax credits. Seller shall retain all tax credits to offset the additional costs incurred in constructing this green certified home.

REBATES AND TAX CREDITS. Xxxxx Buyer acknowledges the property was constructed to meet Build Green New Mexico standards, thereby qualifying the home for State of New Mexico income tax credits. Seller shall retain all tax credits to offset the additional costs incurred in constructing this green certified home.