Common use of Betterment Assessments Clause in Contracts

Betterment Assessments. SELLER represents that the Property is / is not subject to a betterment assessment. If the Property is subject to a betterment assessment, the SELLER agrees to pay the total outstanding betterment assessment at the closing / BUYER agrees to purchase the Property subject to, and assumes the payment of the betterment assessment.

Betterment Assessments. SELLER represents that the Property property is / is not subject to a betterment assessment. If the Property property is subject to a betterment assessment, the SELLER agrees to pay the total outstanding betterment assessment at the closing / BUYER unless the Buyer agrees to purchase the Property property subject to, and assumes the payment of the betterment assessment.