Common use of Transaction Taxes and Closing Costs Clause in Contracts

Transaction Taxes and Closing Costs. (a) The parties shall execute and deliver at Closing such returns, questionnaires and other documents as shall be required with regard to all applicable real property transfer taxes, if any, imposed by applicable State or local law; (b) Developer shall pay all transaction-related costs and expenses associated with the conveyance of the Existing Line Property, including all such costs and expenses that are typically the responsibility of sellers of real estate in the County in which said Property is located. (c) Without limiting the generality of subsection (b) above or any of Developer’s obligations pursuant to the Agreement, Developer shall also pay the following costs and expenses: (i) the escrow fee, if any, which may be charged by the Escrow Agent; (ii) the fees of any counsel representing Developer connection with this transaction; (iii) the fee for any survey, subdivision plan or any other plan or plans obtained in connection with the transaction by either party, whether or not required to consummate the transaction; (iv) the fee for any title examination, title insurance commitment, and/or the premium for any title insurance policy to be issued to Developer; and (v) the fees for recording the Deed and any other Closing documents.

Appears in 9 contracts

Samples: Cost Reimbursement Agreement, Cost Reimbursement Agreement, Cost Reimbursement Agreement

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