SETTLEMENT CHARGES. (a) At Settlement, Buyer shall pay all settlement charges, including title insurance premiums, recording and acknowledgment fees, fire insurance premiums, mortgagee service charges and escrow account items, credit report and appraisal fees, reserves for taxes and insurance, conveyancing and recording charges and notary fees. Homeowner’s Association assessments, water and sewer rent and any other apportionable assessments, and utilities shall be apportioned pro rata as of the Settlement Date. Real estate taxes shall be pro rated on the basis of the last ascertainable tax ▇▇▇▇. Notwithstanding the foregoing, Seller reserves the right to cause real estate taxes to be pro rated on an estimated assessment for the Unit as reasonably determined by Seller. The provisions of this paragraph shall survive Settlement and acceptance of the deed.
Appears in 3 contracts
Sources: Sale Agreement, Sale Agreement, Sale Agreement