Common use of Costs and Prorations Clause in Contracts

Costs and Prorations. There shall be prorated between the landlord/Seller and the Tenant/Buyer, as of date of closing, the following items: (a) All real estate taxes and assessments; (b) Interest on encumbrances assumed or taken over by Tenant/Buyer with the Tenant/Buyer having responsibility for such items as follows: Landlord/Seller will pay: Tenant/Buyer will pay:

Appears in 12 contracts

Samples: Own Agreement, Hawaii Lease, Lease Agreement

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Costs and Prorations. There shall be prorated between the landlordLandlord/Seller and the Tenant/Buyer, as of date of closing, the following items: (a) All real estate taxes and assessments; (b) Interest on encumbrances assumed or taken over by Tenant/Buyer with the Tenant/Buyer having responsibility for such items as follows: Landlord/Seller will pay: (Typical Closing Costs) Tenant/Buyer will pay:: (Typical Closing Costs)

Appears in 4 contracts

Samples: Own Agreement, Own Agreement, Own Agreement

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Costs and Prorations. There shall be prorated between the landlordLandlord/Seller and the Tenant/Buyer, as of date of closing, the following items: (a) All real estate taxes and assessments; (b) Interest on encumbrances assumed or taken over by Tenant/Buyer with the Tenant/Buyer having responsibility for such items as follows: Landlord/Seller will pay: pay Tenant/Buyer will pay:

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement

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