Common use of Prorations; Closing Costs Clause in Contracts

Prorations; Closing Costs. BFH shall pay all unpaid real estate taxes and certified special assessments due in the calendar year of closing, including any prepayments required in order to file the plats for the Property. BFH shall also pay all costs of this transaction, including title insurance premiums, recording and filing fees and the title company's closing fee. Any taxes, special assessments and closing costs paid by BFH pursuant to this section shall be included in the "Project Investment" pursuant to the BFH/▇▇▇▇▇▇▇▇ Option Agreement.