Common use of Other Prorations Clause in Contracts

Other Prorations. It is the intent of the Seller and Buyer that each shall pay the real estate expenses listed in (a) and 393 (b) below due for the period of time that each owns the Real Estate. There shall be prorated between Seller and Buyer as of 394 Closing: (a) homeowner/condominium association assessments and other charges imposed by the association under the terms of 395 the Association/Condominium Documents, if applicable, as shown on the most recent official Association statement available as 396 of the date of Closing, and/or, (b) rents and operating expenses if the Real Estate is rented to tenants. Security and/or damage 397 deposits held by Seller shall be transferred to Buyer at Closing without proration. Seller and ▇▇▇▇▇ acknowledge that prorations 398 are based on the information provided at closing and that actual amounts charged and/or collected for prorated items may differ; 399 however, all Closing prorations shall be final.

Other Prorations. It is the intent of the Seller and Buyer that each shall pay the real estate expenses listed in 446 (a) and 393 (b) below due for the period of time that each owns the Real Estate. There shall be prorated between Seller and 447 Buyer as of 394 Closing: (a) homeowner/condominium association assessments and other charges imposed by the association 448 under the terms of 395 the Association/Condominium Documents, if applicable, as shown on the most recent official 449 Association statement available as 396 of the date of Closing, and/or, (b) rents and operating expenses if the Real Estate is 450 rented to tenants. Security and/or damage 397 deposits held by Seller shall be transferred to Buyer at Closing without 451 proration. Seller and ▇▇▇▇▇ Buyer acknowledge that prorations 398 are based on the information provided at closing and that actual 452 amounts charged and/or collected for prorated items may differ; 399 however, all Closing prorations shall be final.

Other Prorations. It is the intent of the Seller and Buyer that each shall pay the real estate expenses listed in (a) and 393 272 (b) below due for the period of time that each owns the Real Estate. There shall be prorated between Seller and Buyer as of 394 273 Closing: (a) homeowner/condominium association assessments and other charges imposed by the association under the terms of 395 274 the Association/Condominium Documents, if applicable, as shown on the most recent official Association statement available as 396 275 of the date of Closing, and/or, (b) rents and operating expenses if the Real Estate is rented to tenants. Security and/or damage 397 276 deposits held by Seller shall be transferred to Buyer at Closing without proration. Seller and ▇▇▇▇▇ acknowledge that prorations 398 277 are based on the information provided at closing and that actual amounts charged and/or collected for prorated items may differ; 399 however, 278 however all Closing prorations shall be final.. Copyright August 1, 2015 Property Address: Page 6 of 7