Taxes; Assessments. All non-delinquent real estate taxes and assessments on the Property shall be prorated as of 11:59 p.m. on the day prior to the Close of Escrow based on the most recent information available from the assessor's office. All delinquent taxes, bonds and assessments, if any, on the Property shall be paid at the Close of Escrow from funds accruing to Seller. All supplemental taxes billed after the Close of Escrow for periods prior to the Close of Escrow shall be paid promptly by Seller to Buyer in immediately available funds.
Appears in 4 contracts
Samples: Agreement of Purchase and Sale (Capital Builders Development Properties Ii), Agreement of Purchase and Sale (Capital Builders Development Properties Ii), Agreement of Purchase and Sale and Joint Escrow Instructions (Capital Builders Development Properties Ii)
Taxes; Assessments. All non-delinquent real estate taxes and non-delinquent assessments on the Property shall be prorated as of 11:59 p.m. 12:01 a.m. on the day prior to of the Close of Escrow based on the most recent information available from the assessor's officeactual current tax xxxx. All delinquent taxestaxes and all delinquent assessments, bonds interest, and assessmentspenalties, if any, on the Property shall be paid at the Close of Escrow from funds accruing to Seller. All supplemental taxes billed after the Close of Escrow for periods prior to the Close of Escrow shall be paid promptly by Seller to Buyer in immediately available funds.
Appears in 1 contract
Samples: Bargain Sale Agreement and Initial Escrow Instructions (Deer Valley Corp)
