Common use of POSSESSION AND CLOSING Clause in Contracts

POSSESSION AND CLOSING. If BUYER timely performs all obligations, possession of the Property shall be delivered to Buyer at the time of closing. Title Insurance in the full amount of the purchase price will be provided by the SELLER, and any adjustments of rent, insurance, interest and all charges attributable to the SELLER'S possession shall be made as of the date of possession. Projected date of closing is April 30, 2020. Closing shall occur after the approval of title by BUYER and vacation of the Property by SELLER, but prior to possession by BUYER. XXXXXX agrees to permit BUYER to inspect the Property within 24 hours prior to closing to assure that the premises are in the condition required by this Agreement. If possession is given on a day other than closing, the parties shall make a separate agreement with adjustments as of the date of possession. This transaction shall be considered closed:

Appears in 5 contracts

Samples: cdn.steffesgroup.com, cdn.steffesgroup.com, cdn.steffesgroup.com

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POSSESSION AND CLOSING. If BUYER BUYERS timely performs perform all obligations, possession of the Property shall be delivered to Buyer at the time of closingBuyers on September 20, 2019. Title Insurance in the full amount of the purchase price will be provided by the SELLERSeller, and any adjustments of rent, insurance, interest and all charges attributable to the SELLER'S SELLERS' possession shall be made as of the date of possession. Projected date of closing is April 30September 20, 20202019 (subject to tenant’s rights on the tillable land). Closing shall occur after the approval of title by BUYER BUYERS and vacation of the Property by SELLERXXXXXXX, but prior to possession by BUYERBUYERS. XXXXXX agrees XXXXXXX agree to permit BUYER BUYERS to inspect the Property within 24 hours prior to closing to assure that the premises are in the condition required by this Agreement. If possession is given on a day other than closing, the parties shall make a separate agreement with adjustments as of the date of possession. This transaction shall be considered closed:

Appears in 1 contract

Samples: cdn.steffesgroup.com

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POSSESSION AND CLOSING. If BUYER BUYERS timely performs perform all obligations, possession of the Property shall be delivered to Buyer at the time of closing. Title Insurance in the full amount of the purchase price will be provided by the SELLERBUYERS on or before November 15, 2019, (subject to tenant rights on both Tract #1 and Tract #2), and any adjustments of rent, insurance, taxes, interest and all charges attributable to the SELLER'S possession shall be made as of the date of possession. Projected date of closing is April 30, 2020. Closing shall occur after the approval of title by BUYER BUYERS' attorney and vacation of the Property by SELLER, but prior to possession by BUYERBUYERS. XXXXXX SELLER agrees to permit BUYER BUYERS to inspect the Property within 24 hours prior to closing to assure that the premises are in the condition required by this Agreement. If possession is given on a day other than closing, the parties shall make a separate agreement with adjustments as of the date of possession. This transaction shall be considered closed:closed upon receipt of all funds then due at closing from BUYERS under the Agreement.

Appears in 1 contract

Samples: Residential Purchase Agreement

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