Seller Fee definition
Examples of Seller Fee in a sentence
Payment of the Seller Fee Reimbursement, to be funded to Buyer in accordance with a closing statement to be approved by Buyer and Seller.
The Escrowed Amount will be reserved for payment of the Seller Fee due to Buyer from Seller under Section 11.02(b).
If it is a FSBO or a mere posting (seller-represented property/no agency), you can also use the Seller Fee Agreement and Acknowledgement form.
As of the Effective Date, except as set forth on Exhibit M-1, the Existing Leases and any Contracts identified on the Title Commitment, there are no existing Contracts to which such Seller, or Fee Owner or Acquired Company owned by such Seller, is a party or that will be binding upon such Seller, Fee Owner or Acquired Company or the Property of such Seller, Fee Owner or Acquired Company after Closing.
For purposes of clarity, payment of the Seller Fee shall not relieve Buyer of any liability related to any breach or termination of this Agreement.
Seller shall be responsible for any transfer tax or conveyance fee, any cost necessary to remove or discharge any title defect, lien or encumbrance, including recording any release or obtaining any payoff statement, the cost of drafting the deed, the Homeshake Seller Fee, and any miscellaneous costs related to the foregoing.
Purchaser may obtain an updated survey of the Real Property (“New Survey”), which New Survey shall be certified to Purchaser, Seller, Fee Owners, Operators, Portfolio, Tenant Portfolio, Title Company and such other parties as Purchaser may elect.
Seller shall pay Purchaser the Seller Fee within five (5) Business Day after their applicable Hiring Date and thereafter, be relieved of all Assumed Vacation Liabilities.
In the event Seller notifies Buyer of its election to extend the term of this Agreement to the Extension Date and prior to the effectiveness of such extension, Escrow Agent shall release the Escrow Amount to Buyer as payment of the Seller Fee.
No other consent or approval of any person, entity or governmental authority is required for the execution, delivery or performance by Seller Fee Title Owner of this Contract, and this Contract is hereby binding and enforceable against Seller and Fee Title Owner.