SETTLEMENT AND OTHER EXPENSES. A. The following expenses must be paid at or prior to closing: 1) Expenses payable by Seller (Seller’s Expenses). a. Releases of existing liens, including prepayment penalties and recording fees; release of Seller loan liability; tax statements or certificates; preparation of deed; one-half of escrow fee; title expenses in the Title Evidence subparagraph 6.B. and other expenses payable by Seller under this Contract. b. Seller shall also pay an amount not to exceed $ to be applied in the following order: Xxxxx’ s Expenses which Buyer is prohibited from paying by FHA, VA, state-coordinated veteran’s housing assistance programs, or other governmental loan programs; Buyer’ prepaid items; other Buyer’ expenses.
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Samples: Oklahoma Uniform Contract of Sale of Real Estate, Farm and Ranch Contract, Farm and Ranch Contract
SETTLEMENT AND OTHER EXPENSES. A. The following expenses must be paid at or prior to closing:
1) Expenses payable by Seller (Seller’s Expenses).
a. Releases of existing liens, including prepayment penalties and recording fees; release of Seller loan liability; tax statements or certificates; preparation of deed; one-half of escrow fee; title expenses in the Title Evidence subparagraph 6.B. and other expenses payable by Seller under this Contract.
b. Seller shall also pay an amount not to exceed $ to be applied in the following order: Xxxxx’ s Expenses which Buyer is prohibited from paying by FHA, VA, state-coordinated veteran’s housing assistance programs, or other governmental loan programs; Buyer’ Xxxxx’s prepaid items; other Buyer’ ’s expenses.
Appears in 1 contract
Samples: Farm and Ranch Contract
SETTLEMENT AND OTHER EXPENSES. A. The following expenses must be paid at or prior to closing:
1) Expenses payable by Seller (Seller’s Expenses).
a. Releases of existing liens, including prepayment penalties and recording fees; release of Seller loan liability; tax statements or certificates; preparation of deed; one-half of escrow fee; title expenses in the Title Evidence subparagraph 6.B. and other expenses payable by Seller under this Contract.
b. Seller shall also pay an amount not to exceed $ to be applied in the following order: Xxxxx’ s Expenses which Buyer is prohibited from paying by FHA, VA, state-coordinated veteran’s housing assistance programs, or other governmental loan programs; Buyer’ prepaid items; other Buyer’ expenses.
2) Expenses payable by Buyer (Buyer’s Expenses).
a. Loan origination, discount, buy-down, and commitment fees (Loan Fees).
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