TAXES/PRORATIONS Sample Clauses

TAXES/PRORATIONS. Purchaser is aware that property taxes may or may not be based upon “Owner Occupied Status”. Any and all Special Assessments are to be paid by Seller unless otherwise specified in this agreement. Taxes, rents, road maintenance, water, sewer, and homeowner’s association fees, if any are: □ To be prorated to □ Not to be prorated Tax proration will be based upon the: □ previous year’s taxes / □ agreed upon amount of / □ most current county information / □ new construction estimate □ other 13. TITLE. Merchantable title shall be conveyed by Warranty Deed or other sufficient conveyance instrument, acceptable to Purchaser, subject to conditions, zoning, restrictions, and easements of record, if any, which do not interfere with or restrict the existing use of the property. An owner's policy of Title Insurance in the amount of the purchase price will be furnished with cost to be distributed: Purchaser Seller . INITIALS: PURCHASER / SELLER / 14. CLOSING/POSSESSION. Closing date will be on or before with possession to be given Purchaser at time of closing. Seller agrees to maintain the property in a condition comparable to its present condition and agrees that Purchaser will have the opportunity for a personal inspection prior to closing. Seller agrees to maintain all existing insurance coverage on property until time of closing. Closing service fees, if any, cost to be distributed as follows: Purchaser Seller . All personal property, including refuse, not included in the purchase price, shall be removed by Seller prior to closing.
AutoNDA by SimpleDocs
TAXES/PRORATIONS. The general real estate taxes for 2018 and all prior years shall be paid by Seller at or prior to closing. The general real estate taxes for 2019 shall be prorated to and including the date of Closing based on 100% of the most recent ascertainable full year tax xxxx. All general real estate tax prorations shall be final as of Closing. If the amount of the most recent ascertainable full year tax xxxx reflects a homeowner, senior citizen, disabled veteran or other exemption, a senior freeze or senior deferral, then Seller has submitted or will submit in a timely manner all necessary documentation to the appropriate governmental entity, before or after Closing, to preserve said exemption(s). The proration shall not include exemptions to which the Seller is not lawfully entitled.
TAXES/PRORATIONS. Property taxes will be prorated through the date of closing based upon the previous year’s taxes. Purchaser shall pay all transfer taxes and the like.
TAXES/PRORATIONS. Purchaser is aware that property taxes may or may not be based upon “Owner 148 Occupied Status”. Purchaser is aware that the seller has the option to transfer the Owner Occupied status to 149 another South Dakota Property. Any and all Special Assessments are to be paid in full by Seller unless 150 otherwise specified in this agreement. 151 Taxes, rents, road maintenance, water, sewer, and homeowner’s association fees, if any are: 152 153 ot to be prorated 154 $ 155 st current county information / construction estimate 156 157 13. TITLE: Merchantable title shall be conveyed by [_] Warranty Deed or [_] Other: 158 , subject to conditions, zoning, restrictions, and 159 Easements of record, if any, which do not interfere with or restrict the existing use of the property. Deed to 160 be properly signed and with the necessary State Transfer fee paid by Seller. 161 162 An owner’s [_] standard or [_] extended Policy of Title Insurance in the amount of the purchase price 163 shall be furnished promptly to the Purchaser. Cost to be distributed: Seller ; Purchaser . 164 Purchaser to take title as: □Husband & Wife, Joint Tenants with Right of Survivorship; 165 □Joint Tenants with Right of Survivorship; □Tenants in Common; □Single Person 166 or □ . 167 168 14. CLOSING/POSSESSION. Closing date will be on or before with possession to 169 be given Purchaser at time of closing. Seller agrees to maintain the property in a condition comparable to 170 its present condition and agrees that Purchaser will have the opportunity for a personal inspection prior 171 to closing. Seller agrees to maintain all existing insurance coverage on property until time of closing. 172 All services will be on and in operating condition 48 hours prior to closing and final walk through. 173 Closing service fees, if any, cost to be distributed as follows: Purchaser Seller . 174 Closing services to be provided by 175 All personal property, including refuse, not included in the purchase price, shall be removed by Seller 176 prior to closing. 177
TAXES/PRORATIONS. All stamp and other taxes imposed as a result of the transfer by Seller of the Assets and the Stock shall be paid by Buyer, except to the extent exempted by Section 1146(c) of the Bankruptcy Code. All real, personal and other similar property taxes assessed on the Assets and the Stock relating to all periods on or prior to the Closing shall be the responsibility of Seller. All real, personal and other similar property taxes assessed on the Assets relating to all periods after the Closing shall be the responsibility of Buyer. All real, personal and similar property taxes which have accrued but are not due as of the Closing Date shall be prorated on a per diem basis.
TAXES/PRORATIONS. Unless otherwise required under any applicable laws, the Seller Group shall be responsible for and shall pay any Taxes arising or resulting from or in connection with the ownership of the Designated Assets, PRC IP Rights and Relevant IP Rights attributable to the period prior to the Closing Date. CMED Sub and CMED WFOE shall be responsible for and shall pay any Taxes arising or resulting from or in connection with ownership of the Designated Assets, PRC IP Rights and Relevant IP Rights attributable to the period after the Closing Date.
TAXES/PRORATIONS. Seller to pay any real estate taxes owed for 2018 at or prior to closing. Seller will provide a prorated credit for 2019 taxes to Buyer at 100% of 2018 tax xxxx.
AutoNDA by SimpleDocs
TAXES/PRORATIONS. Purchaser is aware that property taxes may or may not be based upon “Owner 56 Occupied Status”. Any and all Special Assessments are to be paid by Seller unless otherwise specified in 57 this agreement. 58 59 Taxes, rents, road maintenance, water, sewer, and homeowner’s association fees, if any are: 60  To be prorated to 61  Not to be prorated 62 63 Tax proration will be based upon the:  previous year’s taxes /  agreed upon amount of / 64  most current county information /  new construction estimate  other 65 66
TAXES/PRORATIONS. Purchaser is aware that property taxes may or may not be based upon “Owner Occupied Status”. Any and all Special Assessments are to be paid by Seller unless otherwise specified in this agreement. Taxes, rents, road maintenance, water, sewer, and homeowner’s association fees, if any are: □ To be prorated to □ Not to be prorated Tax proration will be based upon the: □ previous year’s taxes / □ agreed upon amount of / □ most current county information / □ new construction estimate □ other (below)
TAXES/PRORATIONS. There will be no credit or proration for 2018 or 2019 taxes paid by Seller to Buyer.
Time is Money Join Law Insider Premium to draft better contracts faster.