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Closing costs and fees. Seller will pay for the owners title insurance policy. Buyer and Seller shall split the cost of the title company\u2019s closing fees. Condition of property. 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Closing costs and fees. Seller will pay for the owners title insurance policy. Buyer and Seller shall split the cost of the title company\u2019s closing fees. Condition of property. Buyer accepts the property in its present condition. 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