Escrow Closing. Buyer and Seller acknowledge and understand that the closing of the sale may be handled by an escrow agent and that the listing broker is authorized to transfer the xxxxxxx money or any other funds received to the escrow agent. After the transfer, Broker shall have no further responsibility or liability to Buyer or Seller to account for the funds. Escrow agent’s chargers shall be equally divided between Buyer and Seller. If Buyer’s loan is a government-regulated loan which prohibits Buyer from paying such chargers, then they shall be paid by Seller. The closing date of the sale shall be on or before the 4th day of June 2021.
Appears in 4 contracts
Samples: Land Purchase Agreement, Land Purchase Agreement, Land Purchase Agreement
