TitleSoft, Inc.Proration Agreement • June 12th, 2007
The undersigned sellers and purchasers of the above described property hereby acknowledge that the tax prorations on the closing statement were based on last years tax amount provided to us by the most recent search report as of this closing date, and that the taxes present on the property are payable (pro- rata) by the buyer (s) and the seller(s). Should there be a difference between last years tax amount and this years tax amount, or a misstatement or error by the county or miscalculation of this tax by any party, it is between the purchaser(s)and the sellers to re-prorate this amount between them and in NO event is TitleSoft, Inc. responsible for the payment of this tax.
THIS AGREEMENT IS SUBJECT TO ARBITRATION PURSUANT TO THE COMMERCIAL ARBITRATION RULES OF THE JUDICIAL ARBITRATION AND MEDIATION SERVICES (THE “JAMS”) AS SUCH RULES MAY BE MODIFIED HEREIN OR AS OTHERWISE AGREED BY THE PARTIES IN CONTROVERSY.Proration Agreement • August 5th, 2019 • Medalist Diversified REIT, Inc. • Real estate investment trusts • South Carolina
THIS CONTRACT OF SALE AND PURCHASE (hereinafter referred to as the “Agreement”) is made and entered into as of the date this Agreement is executed by both the hereinbelow defined Seller and Buyer and an executed original thereof is delivered to Buyer (the “Effective Date”) by and among Appian-Brookfield South 48, LLC, a South Carolina limited liability company, (50% Undivided TIC Interest) and Appian-Brookfield TIC, LLC, a South Carolina limited liability company, (50% Undivided TIC Interest) (hereinafter collectively, referred to as “Seller”) and Medalist Fund Manager, Inc., a Virginia Corporation, its successors or assigns (hereinafter referred to as “Buyer”).
