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The SELLER shall pay all transfer fees including VAT, transfer duty (if applicable), stamp duty and all costs directly or indirectly related to the transfer of the property on demand. The SELLER shall not be liable to pay the initiation and valuation fees charged by the banks.\n9.2. The PURCHASER is obliged to show up at the Offices of the Conveyancers handling the transfer within 7 days after being requested to do so, in order to sign the transfer documents.\n9.2.1. If the PURCHASER fails to sign all the documents required by the transferring Attorney within the 7-day period, he shall be held liable and hereby undertakes to pay interest calculated at a rate of Prime plus 5% per annum calculated on the full purchase price for the period over and above the said 7 days.\n9.2.2. 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Notwithstanding anything to the contrary in this Agreement, the Units Buyer may deduct and withhold from the amounts otherwise payable pursuant to this Agreement such amounts as necessary to comply with the Internal Revenue Code of 1986, as amended (the \"Code\"), or any other provision of applicable law, with respect to the making of such payment.", "snippet_links": [{"key": "buyer-may", "type": "definition", "offset": [10, 19]}, {"key": "purchase-price-for", "type": "clause", "offset": [28, 46]}, {"key": "funds-deposited", "type": "clause", "offset": [77, 92]}, {"key": "management-member", "type": "clause", "offset": [127, 144]}, {"key": "a-bank", "type": "clause", "offset": [146, 152]}, {"key": "certified-check", "type": "definition", "offset": [172, 187]}, {"key": "the-company", "type": "clause", "offset": [277, 288]}, {"key": "unable-to-pay", "type": "definition", "offset": [369, 382]}, {"key": "in-clause", "type": "clause", "offset": [414, 423]}, {"key": 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Selection"], ["number-of-awards", "Number of Awards"]], "title": "Cost", "size": 3405, "id": "cost", "related": [["expense", "Expense", "Expense"], ["costs", "Costs", "<strong>Costs</strong>"], ["construction-cost", "Construction Cost", "Construction <strong>Cost</strong>"], ["replacement-cost", "Replacement Cost", "Replacement <strong>Cost</strong>"], ["project-cost", "Project Cost", "Project <strong>Cost</strong>"]], "related_snippets": [], "updated": "2026-04-30T06:05:53+00:00", "also_ask": ["What cost allocation methods best protect our interests in this context?", "Which cost components are essential to specify to avoid ambiguity or disputes?", "How can we cap or limit exposure to unforeseen or escalating costs?", "What are the most common pitfalls in cost clauses that courts have found unenforceable?", "How do cost provisions in this agreement compare to industry standards or statutory requirements?"], "drafting_tip": "Specify all cost components to prevent hidden charges, define payment terms to ensure timely payments, and allocate cost responsibilities to avoid disputes.", "explanation": "The Cost clause defines how expenses related to the contract will be determined, allocated, and reimbursed between the parties. It typically outlines which costs are covered, such as materials, labor, or overhead, and may specify procedures for submitting invoices or supporting documentation. By clearly establishing the rules for cost management, this clause helps prevent disputes over payments and ensures both parties understand their financial responsibilities under the agreement."}, "json": true, "cursor": ""}}