Seller’s Closing Costs. Seller will pay for and provide Purchaser with a standard Owner's Title Policy for each property. The Purchaser shall pay the cost of any endorsement to the Owner's Title Policy. All other closing costs for each Property shall be borne equally by Seller and Purchaser. Seller will pay Purchaser a due diligence expense allowance (the "Allowance") of $23,500 per Parcel, payable at the closing of the purchase of each Parcel as provided herein. As a result, upon the purchase of each Property by Purchaser, the Purchase Price of such Property will be increased by $23,500 as reflected on the Closing Settlement Statement, and the base annual rent for each Property will be increased by $2,220.75. No Allowance shall be payable to Purchaser for any Property not purchased by Purchaser. Each party shall pay its own attorney fees and costs.
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Samples: Assignment of Purchase and Sale Agreement and Escrow Instructions (Aei Net Lease Income & Growth Fund Xx Limited Partnership), Assignment of Purchase and Sale Agreement and Escrow Instructions (Aei Income & Growth Fund Xxi LTD Partnership), Assignment of Purchase and Sale Agreement and Escrow Instructions (Aei Income & Growth Fund Xxi LTD Partnership)
