Current taxes definition
Examples of Current taxes in a sentence
Current taxes, any rents and property owner association dues, maintenance fees and assessment shall be prorated through the Closing Date.
The title insurance commitment shall show marketable title according to applicable standards of the title insurance company or of the local county bar association, subject only to: (a) Current taxes, (b) Rights-of-way and easements not impairing normal use; (c) Standard title insurance exceptions; and (d) Encumbrances to be dealt with at closing, if any.
Current taxes shall be prorated and adjusted as of date of closing in accordance with due date of municipality or taxing unit(s) in which Property is located.
Current taxes shall be prorated and adjusted as of date of closing in accordance with due date of municipality or taxing unit(s) in which property is located.
Tenant shall pay all real property taxes and any general and/or special assessments which are due and payable, if any, on or before the date of the Closing, or which otherwise constitute a lien upon the Premises as of the date of the Closing pursuant to Section 4.1. Current taxes assessed for the year in which the Closing takes place shall be equitably prorated through the date of the Closing on the basis of the latest available tax bills covering the Leased Premises.