Common use of SETTLEMENT AND OTHER EXPENSES Clause in Contracts

SETTLEMENT AND OTHER EXPENSES. A. The following expenses must be paid at or prior to closing: (1) Appraisal fees will be paid by . (2) The total of loan discount fees (including any Texas Veterans' Housing Assistance Program Participation Fee) may not exceed % of the loan of which Seller shall pay and Buyer shall pay the remainder. The total of any buydown fees may not exceed which will be paid by . (3) Seller's Expenses: Releases of existing liens, including prepayment penalties and recording fees; release of Seller's loan liability; tax statements or certificates; preparation of deed; one- half of escrow fee; and other expenses stipulated to be paid by Seller under other provisions of this contract.

Appears in 3 contracts

Samples: One to Four Family Residential Contract (Resale), One to Four Family Residential Contract (Resale), One to Four Family Residential Contract (Resale)

AutoNDA by SimpleDocs

SETTLEMENT AND OTHER EXPENSES. A. The following expenses must be paid at or prior to closing: (1) Appraisal fees will be paid by . (2) The total of loan discount fees (including any Texas Veterans' Housing Assistance Program Participation Fee) may not exceed % of the loan of which Seller shall pay and Buyer shall pay the remainder. The total of any buydown fees may not exceed which will be paid by . (3) Seller's Expenses: Releases of existing liens, including prepayment penalties and recording fees; release of Seller's loan liability; tax statements or certificates; preparation of deed; one- one-half of escrow fee; and other expenses stipulated to be paid by Seller under other provisions of this contract.

Appears in 1 contract

Samples: Farm and Ranch Contract

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!