Common use of Funds at Closing Clause in Contracts

Funds at Closing. On or prior to the scheduled Closing date, Buyer shall ensure that all funds necessary for the Closing are provided to Escrow Agent. Real estate taxes, rents, dues, fees, and expenses relating to the Property for the year in which the sale is closed shall be prorated as of the date of Closing. Taxes due for prior years shall be paid by Seller.

Appears in 55 contracts

Samples: Oregon Real Estate Purchase and Sale Agreement, Delaware Real Estate Purchase and Sale Agreement, Nevada Real Estate Purchase and Sale Agreement

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