Common use of Special Assessments Clause in Contracts

Special Assessments. At Closing, Seller shall pay: (i) the full amount of liens imposed by a public body 178 (“public body” does not include a Condominium or Homeowner’s Association) that are certified, confirmed and 179 ratified before Closing; and (ii) the amount of the public body’s most recent estimate or assessment for an 180 improvement which is substantially complete as of Effective Date, but that has not resulted in a lien being 181 imposed on the Property before Closing. Buyer shall pay all other assessments. If special assessments may 182 be paid in installments (CHECK ONE): 183 (a) Seller shall pay installments due prior to Closing and Buyer shall pay installments due after Closing. 184 Installments prepaid or due for the year of Closing shall be prorated. 185 (b) Seller shall pay the assessment(s) in full prior to or at the time of Closing. 186 IF NEITHER BOX IS CHECKED, THEN OPTION (a) SHALL BE DEEMED SELECTED. 187 This Paragraph 9(f) shall not apply to a special benefit tax lien imposed by a community development district 188 (CDD) pursuant to Chapter 190, F.S., which lien shall be prorated pursuant to STANDARD K. 189 DISCLOSURES 190 10. DISCLOSURES: 191 (a) RADON GAS: Radon is a naturally occurring radioactive gas that, when it is accumulated in a building in 192 sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that 193 exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding 194 radon and radon testing may be obtained from your county health department.

Special Assessments. At Closing, Seller shall pay: (i) the full amount of liens imposed by a public body 178 192 (“public body” does not include a Condominium or Homeowner’s Association) that are certified, confirmed and 179 193 ratified before Closing; and (ii) the amount of the public body’s most recent estimate or assessment for an 180 194 improvement which is substantially complete as of Effective Date, but that has not resulted in a lien being 181 195 imposed on the Property before Closing. Buyer shall pay all other assessments. If special assessments may 182 196 be paid in installments (CHECK ONE): 183 197 (a) Seller shall pay installments due prior to Closing and Buyer shall pay installments due after Closing. 184 198 Installments prepaid or due for the year of Closing shall be prorated. 185 199 (b) Seller shall pay the assessment(s) in full prior to or at the time of Closing. 186 200 IF NEITHER BOX IS CHECKED, THEN OPTION (a) SHALL BE DEEMED SELECTED. 187 201 This Paragraph 9(f) shall not apply to a special benefit tax lien imposed by a community development district 188 202 (CDD) pursuant to Chapter 190, F.S., which lien shall be prorated pursuant to STANDARD K. 189 203 DISCLOSURES 190 204 10. DISCLOSURES: 191 205 (a) RADON GAS: Radon is a naturally occurring radioactive gas that, when it is accumulated in a building in 192 206 sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that 193 207 exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding 194 208 radon and radon testing may be obtained from your county health department.

Special Assessments. At Closing, Seller shall pay: (i) the full amount of liens imposed by a public body 178 176 (“public body” does not include a Condominium or Homeowner’s Association) that are certified, confirmed and 179 177 ratified before Closing; and (ii) the amount of the public body’s most recent estimate or assessment for an 180 178 improvement which is substantially complete as of Effective Date, but that has not resulted in a lien being 181 179 imposed on the Property before Closing. Buyer shall pay all other assessments. If special assessments may 182 180 be paid in installments (CHECK ONE): 183 181 (a) Seller shall pay installments due prior to Closing and Buyer shall pay installments due after Closing. 184 182 Installments prepaid or due for the year of Closing shall be prorated. 185 183 (b) Seller shall pay the assessment(s) in full prior to or at the time of Closing. 186 184 IF NEITHER BOX IS CHECKED, THEN OPTION (a) SHALL BE DEEMED SELECTED. 187 185 This Paragraph 9(f) shall not apply to a special benefit tax lien imposed by a community development district 188 186 (CDD) pursuant to Chapter 190, F.S., which lien shall be prorated pursuant to STANDARD K. 189 187 DISCLOSURES 190 188 10. DISCLOSURES: 191 189 (a) RADON GAS: Radon is a naturally occurring radioactive gas that, when it is accumulated in a building in 192 190 sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that 193 191 exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding 194 192 radon and radon testing may be obtained from your county health department.

Special Assessments. At Closing, Seller shall will pay: (i) the full amount of liens imposed by a public body 178 139 (“public body” does not include a Condominium or Homeowner’s Association) that are certified, confirmed and 179 140 ratified before Closing; and (ii) the amount of the public body’s most recent estimate or assessment for an 180 141 improvement which is substantially complete as of Effective Date, but that has not resulted in a lien being 181 142 imposed on the Property before Closing. Buyer shall will pay all other assessments. If special assessments may 182 143 be paid in installments (CHECK ONE): 183 144* (a) Seller shall pay installments due prior to Closing and Buyer shall pay installments due after 145 Closing. 184 Installments prepaid or due for the year of Closing shall be prorated. 185 146* (b) Seller shall pay the assessment(s) in full prior to or at the time of Closing. 186 147 IF NEITHER BOX IS CHECKED, THEN OPTION (a) SHALL BE DEEMED SELECTED. 187 148 This Paragraph 9(f) shall not apply to a special benefit tax lien imposed by a community development district 188 149 (CDD) pursuant to Chapter 190, F.S., 190 F.S. which lien shall be treated as an ad valorem tax and prorated pursuant to 150 STANDARD K. 189 DISCLOSURES 190 10151 XXXXXXXXXXX 000 00. DISCLOSURES: 191 153 (a) RADON GAS: Radon is a naturally occurring radioactive gas that, when it is accumulated in a building in 192 154 sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that 193 155 exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding 194 156 radon and radon testing may be obtained from your county health department.

Special Assessments. At Closing, Seller shall pay: (i) the full amount of liens imposed by a public body 178 219 (“public body” does not include a Condominium or Homeowner’s Association) that are certified, confirmed and 179 220 ratified before Closing; and (ii) the amount of the public body’s most recent estimate or assessment for an 180 221 improvement which is substantially complete as of Effective Date, but that has not resulted in a lien being 181 222 imposed on the Property before Closing. Buyer shall pay all other assessments. If special assessments may 182 223 be paid in installments (CHECK ONE): 183 224 (a) Seller shall pay installments due prior to Closing and Buyer shall pay installments due after Closing. 184 225 Installments prepaid or due for the year of Closing shall be prorated. 185 226 (b) Seller shall pay the assessment(s) in full prior to or at the time of Closing.Seller shall pay, in full, prior to 227 or at the time of Closing, any assessment(s) allowed by the public body to be prepaid. 186 For any assessment(s) 228 which the public body does not allowed to be prepaymentid, OPTION (a) shall be deemed selected for such 229 that assessment(s). 230 IF NEITHER BOX IS CHECKED, THEN OPTION (a) SHALL BE DEEMED SELECTED. 187 231 This Paragraph 9(f) shall not apply to a special benefit tax lien imposed by a community development district 188 232 (CDD) pursuant to Chapter 190, F.S., or special assessment(s) imposed by a special district pursuant to 233 Chapter 189, F.S., which lien lien(s) or assessment(s) shall be prorated pursuant to STANDARD K. 189 234 DISCLOSURES 190 235 10. DISCLOSURES: 191 236 (a) RADON GAS: Radon is a naturally occurring radioactive gas that, when it is accumulated in a building in 192 237 sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that 193 238 exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding 194 239 radon and radon testing may be obtained from your county health department.

Special Assessments. At Closing, Seller shall pay: (i) the full amount of liens imposed by a public body 178 189 (“public body” does not include a Condominium or Homeowner’s Association) that are certified, confirmed and 179 190 ratified before Closing; and (ii) the amount of the public body’s most recent estimate or assessment for an 180 191 improvement which is substantially complete as of Effective Date, but that has not resulted in a lien being 181 192 imposed on the Property before Closing. Buyer shall pay all other assessments. If special assessments may 182 193 be paid in installments (CHECK ONE): 183 194 (a) Seller shall pay installments due prior to Closing and Buyer shall pay installments due after Closing. 184 195 Installments prepaid or due for the year of Closing shall be prorated. 185 196 (b) Seller shall pay the assessment(s) pay, in full full, prior to or at the time of Closing, any assessment(s) allowed by the public body 197 to be prepaid. 186 For any assessment(s) which the public body does not allow prepayment, OPTION (a) shall be 198 deemed selected for such assessment(s). 199 IF NEITHER BOX IS CHECKED, THEN OPTION (a) SHALL BE DEEMED SELECTED. 187 200 This Paragraph 9(f) shall not apply to a special benefit tax lien imposed by a community development district 188 201 (CDD) pursuant to Chapter 190, F.S., or special assessment(s) imposed by a special district pursuant to 202 Chapter 189, F.S., which lien lien(s) or assessment(s) shall be prorated pursuant to STANDARD K. 189 203 DISCLOSURES 190 204 10. DISCLOSURES: 191 205 (a) RADON GAS: Radon is a naturally occurring radioactive gas that, when it is accumulated in a building in 192 206 sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that 193 207 exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding 194 208 radon and radon testing may be obtained from your county health department.

Special Assessments. At Closing, Seller shall pay: (i) the full amount of liens imposed by a public body 178 189 (“public body” does not include a Condominium or Homeowner’s Association) that are certified, confirmed and 179 DO NOT COPY 190 ratified before Closing; and (ii) the amount of the public body’s most recent estimate or assessment for an 180 191 improvement which is substantially complete as of Effective Date, but that has not resulted in a lien being 181 192 imposed on the Property before Closing. Buyer shall pay all other assessments. If special assessments may 182 193 be paid in installments (CHECK ONE): 183 194 (a) Seller shall pay installments due prior to Closing and Buyer shall pay installments due after Closing. 184 195 Installments prepaid or due for the year of Closing shall be prorated. 185 196 (b) Seller shall pay the assessment(s) pay, in full full, prior to or at the time of Closing, any assessment(s) allowed by the public body 197 to be prepaid. 186 For any assessment(s) which the public body does not allow prepayment, OPTION (a) shall be 198 deemed selected for such assessment(s). 199 IF NEITHER BOX IS CHECKED, THEN OPTION (a) SHALL BE DEEMED SELECTED. 187 200 This Paragraph 9(f) shall not apply to a special benefit tax lien imposed by a community development district 188 201 (CDD) pursuant to Chapter 190, F.S., or special assessment(s) imposed by a special district pursuant to 202 Chapter 189, F.S., which lien lien(s) or assessment(s) shall be prorated pursuant to STANDARD K. 189 203 DISCLOSURES 190 204 10. DISCLOSURES: 191 205 (a) RADON GAS: Radon is a naturally occurring radioactive gas that, when it is accumulated in a building in 192 206 sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that 193 207 exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding 194 208 radon and radon testing may be obtained from your county health department.

Special Assessments. At Closing, Seller shall pay: (i) the full amount of liens imposed by a public body 178 205 (“public body” does not include a Condominium or Homeowner’s Association) that are certified, confirmed and 179 206 ratified before Closing; and (ii) the amount of the public body’s most recent estimate or assessment for an 180 207 improvement which is substantially complete as of Effective Date, but that has not resulted in a lien being 181 208 imposed on the Property before Closing. Buyer shall pay all other assessments. If special assessments may 182 209 be paid in installments (CHECK ONE): 183 210 (a) Seller shall pay installments due prior to Closing and Buyer shall pay installments due after Closing. 184 211 Installments prepaid or due for the year of Closing shall be prorated. 185 212 (b) Seller shall pay the assessment(s) pay, in full full, prior to or at the time of Closing, any assessment(s) allowed by the public body 213 to be prepaid. 186 For any assessment(s) which the public body does not allow prepayment, OPTION (a) shall be 214 deemed selected for such assessment(s). 215 IF NEITHER BOX IS CHECKED, THEN OPTION (a) SHALL BE DEEMED SELECTED. 187 216 This Paragraph 9(f) shall not apply to a special benefit tax lien imposed by a community development district 188 217 (CDD) pursuant to Chapter 190, F.S., or special assessment(s) imposed by a special district pursuant to 218 Chapter 189, F.S., which lien lien(s) or assessment(s) shall be prorated pursuant to STANDARD K. 189 DISCLOSURES 190 10. DISCLOSURES: 191 (a) RADON GAS: Radon is a naturally occurring radioactive gas that, when it is accumulated in a building in 192 sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that 193 exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding 194 radon and radon testing may be obtained from your county health department.219 220

Special Assessments. At Closing, Seller shall pay: (i) the full amount of liens imposed by a public body 178 (“public body” does not include a Condominium or Homeowner’s Association) that are certified, confirmed and 179 ratified before Closing; and (ii) the amount of the public body’s most recent estimate or assessment for an 180 improvement which is substantially complete as of Effective Date, but that has not resulted in a lien being 181 imposed on the Property before Closing. Buyer shall pay all other assessments. If special assessments may 182 be paid in installments (CHECK ONE): 183 ✘(a) Seller shall pay installments due prior to Closing and Buyer shall pay installments due after Closing. 184 Installments prepaid or due for the year of Closing shall be prorated. 185 (b) Seller shall pay the assessment(s) in full prior to or at the time of Closing. 186 IF NEITHER BOX IS CHECKED, THEN OPTION (a) SHALL BE DEEMED SELECTED. 187 This Paragraph 9(f) shall not apply to a special benefit tax lien imposed by a community development district 188 (CDD) pursuant to Chapter 190, F.S., which lien shall be prorated pursuant to STANDARD K. 189 DISCLOSURES 190 10. DISCLOSURES: 191 (a) RADON GAS: Radon is a naturally occurring radioactive gas that, when it is accumulated in a building in 192 sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that 193 exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding 194 radon and radon testing may be obtained from your county health department.

Special Assessments. At Closing, Seller shall will pay: (i) the full amount of liens imposed by a public body 178 152 (“public body” does not include a Condominium or Homeowner’s Association) that are certified, confirmed and 179 153 ratified before Closing; and (ii) the amount of the public body’s most recent estimate or assessment for an 180 154 improvement which is substantially complete as of Effective Date, but that has not resulted in a lien being 181 155 imposed on the Property before Closing. Buyer shall will pay all other assessments. If special assessments may 182 156 be paid in installments (CHECK ONE): 183 157* (a) Seller shall pay installments due prior to Closing and Buyer shall pay installments due after 158 Closing. 184 Installments prepaid or due for the year of Closing shall be prorated. 185 159* (b) Seller shall pay the assessment(s) in full prior to or at the time of Closing. 186 160 IF NEITHER BOX IS CHECKED, THEN OPTION (a) SHALL BE DEEMED SELECTED. 187 161 This Paragraph 9(f) shall not apply to a special benefit tax lien imposed by a community development district 188 162 (CDD) pursuant to Chapter 190, F.S., 190 F.S. which lien shall be treated as an ad valorem tax and prorated pursuant to 163 STANDARD K. 189 DISCLOSURES 190 10164 XXXXXXXXXXX 000 00. DISCLOSURES: 191 166 (a) RADON GAS: Radon is a naturally occurring radioactive gas that, when it is accumulated in a building in 192 167 sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that 193 168 exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding 194 169 radon and radon testing may be obtained from your county health department. 170 (b) PERMITS DISCLOSURE: Except as may have been disclosed by Seller to Buyer in a written disclosure, 171 Seller does not know of any improvements made to the Property which were made without required 172 permits or made pursuant to permits which have not been properly closed. 173 (c) MOLD: Mold is naturally occurring and may cause health risks or damage to property. If Buyer is concerned or 174 desires additional information regarding mold, Buyer should contact an appropriate professional. 175 (d) FLOOD ZONE; ELEVATION CERTIFICATION: Buyer is advised to verify by elevation certificate which flood 176 zone the Property is in, whether flood insurance is required by Buyer’s lender, and what restrictions apply to 177 improving the Property and rebuilding in the event of casualty. If Property is in a “Special Flood Hazard Area” 178 or “Coastal High Hazard Area” and finished floor elevation is below minimum flood elevation, Buyer may 179 terminate this Contract by delivering written notice to Seller within 20 days after Effective Date, failing which 180 Buyer accepts existing elevation of buildings and flood zone designation of Property.

Special Assessments. At Closing, Seller shall pay: (i) the full amount of liens imposed by a public body 178 163 (“public body” does not include a Condominium or Homeowner’s Association) that are certified, confirmed and 179 164 ratified before Closing; and (ii) the amount of the public body’s most recent estimate or assessment for an 180 165 improvement which is substantially complete as of Effective Date, but that has not resulted in a lien being 181 imposed 166 on the Property before Closing. Buyer shall pay all other assessments. If special assessments may 182 be paid in 167 installments (CHECK ONE): 183 168 (a) Seller shall pay installments due prior to Closing and Buyer shall pay installments due after Closing. 184 169 Installments prepaid or due for the year of Closing shall be prorated. 185 170 (b) Seller shall pay the assessment(s) in full prior to or at the time of Closing. 186 171 IF NEITHER BOX IS CHECKED, THEN OPTION (a) SHALL BE DEEMED SELECTED. 187 172 This Paragraph 9(f) shall not apply to a special benefit tax lien imposed by a community development district 188 (CDD) 173 pursuant to Chapter 190, F.S., which lien shall be prorated pursuant to STANDARD K. 189 174 DISCLOSURES 190 175 10. DISCLOSURES: 191 176 (a) RADON GAS: Radon is a naturally occurring radioactive gas that, when it is accumulated in a building in 192 sufficient 177 quantities, may present health risks to persons who are exposed to it over time. Levels of radon that 193 exceed federal 178 and state guidelines have been found in buildings in Florida. Additional information regarding 194 radon and radon 179 testing may be obtained from your county health department.

Special Assessments. At Closing, Seller shall pay: (i) the full amount of liens imposed by a public body 178 (“"public body” " does not include a Condominium or Homeowner’s 's Association) that are certified, confirmed and 179 ratified before Closing; and (ii) the amount of the public body’s 's most recent estimate or assessment for an 180 improvement which is substantially complete as of Effective Date, but that has not resulted in a lien being 181 imposed on the Property before Closing. Buyer shall pay all other assessments. If special assessments may 182 be paid in installments (CHECK ONE): 183 ): (a) Seller shall pay installments due prior to Closing and Buyer shall pay installments due after Closing. 184 Installments prepaid or due for the year of Closing shall be prorated. 185 185* (b) Seller shall pay the assessment(s) in full prior to or at the time of Closing. 186 IF NEITHER BOX IS CHECKED, THEN OPTION (a) SHALL BE DEEMED SELECTED. 187 This Paragraph 9(f) shall not apply to a special benefit tax lien imposed by a community development district 188 (CDD) pursuant to Chapter 190, F.S., which lien shall be prorated pursuant to STANDARD K. 189 DISCLOSURES 190 10. DISCLOSURES: 191 (a) RADON GAS: Radon is a naturally occurring radioactive gas that, when it is accumulated in a building in 192 sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that 193 exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding 194 radon and radon testing may be obtained from your county health department.

Special Assessments. At Closing, Seller shall pay: (i) the full amount of liens imposed by a public body 178 187 (“public body” does not include a Condominium or Homeowner’s Association) that are certified, confirmed and 179 188 ratified before Closing; and (ii) the amount of the public body’s most recent estimate or assessment for an 180 189 improvement which is substantially complete as of Effective Date, but that has not resulted in a lien being 181 190 imposed on the Property before Closing. Buyer shall pay all other assessments. If special assessments may 182 191 be paid in installments (CHECK ONE): 183 192 (a) Seller shall pay installments due prior to Closing and Buyer shall pay installments due after Closing. 184 193 Installments prepaid or due for the year of Closing shall be prorated. 185 194 (b) Seller shall pay the assessment(s) in full prior to or at the time of Closing. 186 195 IF NEITHER BOX IS CHECKED, THEN OPTION (a) SHALL BE DEEMED SELECTED. 187 196 This Paragraph 9(f) shall not apply to a special benefit tax lien imposed by a community development district 188 197 (CDD) pursuant to Chapter 190, F.S., which lien shall be prorated pursuant to STANDARD K. 189 198 DISCLOSURES 190 199 10. DISCLOSURES: 191 200 (a) RADON GAS: Radon is a naturally occurring radioactive gas that, when it is accumulated in a building in 192 201 sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that 193 202 exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding 194 203 radon and radon testing may be obtained from your county health department.