Common use of Seller’s Expenses Clause in Contracts

Seller’s Expenses. The following items shall be charged to Seller and paid out of the sale proceeds that would otherwise be delivered to Seller at Closing: (a) all costs of releasing existing liens, if any, and recording the releases; (b) one-half of the fee charged by the Closing Agent to administer a cash closing; (c) the cost of the survey(s), if any, procured in accordance with this Agreement; (d) the cost of the owner’s title insurance; (e) the cost of preparing Seller’s transfer documents, including the deed; (f) real estate transfer fees, if any, that Seller is required to pay under state or local law in connection with the conveyance of the Property; (g) the professional fees due Auction Company in connection with this transaction; (h) any expense stipulated to be paid by Seller under any other provision of this Agreement; and (i) any expense normally charged to a seller at closing and not specifically charged to Buyer in this Agreement.

Appears in 3 contracts

Samples: Purchase Agreement, Real Estate Purchase Agreement, Purchase Agreement

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Seller’s Expenses. The following items shall be charged to Seller and paid out of the sale proceeds that would otherwise be delivered to Seller at Closing: (a) all costs of releasing existing liens, if any, and recording the releases; (b) one-half of the fee charged by the Closing Agent to administer a cash closing; (c) one-half of the cost of the survey(s), if any, procured obtained in accordance with the terms of this Agreement; (d) the cost of the owner’s title insurancePreliminary Title Evidence and Updated Title Evidence (if applicable); (e) the cost of preparing Seller’s transfer documents, including the deed; (f) real estate transfer feesfees and/or deed stamps, if any, that Seller is required to pay under state or local law in connection with the conveyance of the Property; (g) the professional fees due Auction Company in connection with this transaction; (h) any expense stipulated to be paid by Seller under any other provision of this Agreement; and (i) any expense normally charged to a seller at closing and not specifically charged to Buyer in this Agreement.

Appears in 2 contracts

Samples: Purchase Agreement, Purchase Agreement

Seller’s Expenses. The following items shall be charged to Seller and paid out of the sale proceeds that would otherwise be delivered to Seller at Closing: (a) all costs the cost of releasing existing liens, if any, and recording the releasesany Liens; (b) one-half of the fee charged by the Closing Escrow Agent to administer a cash closing; (c) one-half of the cost of the survey(s)Post-Auction Survey, if any, procured in accordance with this Agreementapplicable; (d) the cost of the owner’s title insurance; (e) the cost of preparing Seller’s transfer documents, including the deed; (f) state and county real estate transfer feesstamps; (g) municipal real estate transfer tax, if any, that Seller is required to pay under state or local law in connection with unless the conveyance of applicable municipal ordinance designates the Propertypurchaser as the party responsible for such payment; (gh) the professional fees any sums due Auction Company in connection with this transaction; (hi) any expense stipulated to be paid by Seller under any other provision of this Agreement; and (ij) any closing expense normally that is customarily charged to a seller at closing and is not specifically charged to Buyer in this Agreement.

Appears in 1 contract

Samples: Purchase Agreement

Seller’s Expenses. The following items shall be charged to Seller and paid out of the sale proceeds that would otherwise be delivered to Seller at Closing: (a) all costs the cost of releasing existing liens, if any, and recording the releasesany Liens; (b) one-half of the fee charged by the Closing Agent to administer a cash closing; (c) one-half of the cost of the survey(sPre-Closing Surveys (to the extent not already paid), if any, procured in accordance with this Agreement; (d) the cost of the owner’s title insurancePreliminary Title Evidence and Updated Title Evidence; (e) the cost of preparing Seller’s transfer documents, including the deed; (f) real estate transfer fees, if any, that Seller is required to pay under state or local law in connection with the conveyance of the Propertytaxes; (g) the professional fees any sums due Auction Company and/or Cooperating Broker in connection with this transaction; (h) any expense stipulated to be paid by Seller under any other provision of this Agreement; and (i) any closing expense normally that is customarily charged to a seller at closing and is not specifically charged to Buyer in this Agreement.

Appears in 1 contract

Samples: Purchase Agreement

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Seller’s Expenses. The following items shall be charged to Seller and paid out of the sale proceeds that would otherwise be delivered to Seller at Closing: (a) all costs the cost of releasing existing liens, if any, and recording the releasesany Liens; (b) one-half of the fee charged by the Closing Agent to administer a cash closing; (c) one-half of the cost of the survey(s), if any, procured obtained in accordance with the terms of this Agreement; (d) the cost one-half of the owner’s title insuranceShared Title Insurance Costs; (e) the cost of preparing Seller’s transfer documents, including the deeddeed and any applicable bill of sale and/or instrument of assignment; (f) real estate transfer fees, if any, that Seller any documentary stamp tax the payment of which is required to pay under state or local law in connection with the conveyance recording of the Propertydeed; (g) the professional fees any sums due Auction Company in connection with this transaction; (h) any expense stipulated to be paid by Seller under any other provision of this Agreement; and (i) any closing expense normally that is customarily charged to a seller at closing and is not specifically charged to Buyer in this Agreement.

Appears in 1 contract

Samples: Purchase Agreement

Seller’s Expenses. The following items shall be charged to Seller and paid out of the sale proceeds that would otherwise be delivered to Seller at Closing: (a) all costs of releasing existing liens, if any, and recording the releases; (b) one-half of the fee charged by the Closing Agent to administer a cash closing; (c) one-half of the cost of the survey(s), if any, procured in accordance with this Agreement; (d) the cost of the owner’s title insurance; (e) the cost of preparing Seller’s transfer documents, including the deeddeed(s) and any xxxx of sale; (f) real estate transfer fees, if any, that Seller is required to pay under state or local law in connection with the conveyance of the PropertyReal Estate; (g) the professional fees due Auction Company in connection with this transaction; (h) any expense stipulated to be paid by Seller under any other provision of this Agreement; and (i) any expense normally charged to a seller at closing and not specifically charged to Buyer in this Agreement.

Appears in 1 contract

Samples: Agreement to Purchase

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