STATUTORY TAX DISTRICTS. If the Property is situated in a utility or other statutorily created district providing water, sewer, drainage, or flood control facilities and services, Chapter 49, Texas Water Code, requires Seller to deliver and Buyer to sign the statutory notice relating to the tax rate, bonded indebtedness, or standby fee of the district prior to final execution of this contract.
STATUTORY TAX DISTRICTS. This property is not situated in a utility or other statutory tax district. If the property is located in a statutory tax district, a disclosure notice will be attached.
STATUTORY TAX DISTRICTS. If the Property is situated in a utility or other statutorily created district providing water, sewer, drainage, or flood control facilities and services, Chapter 49, Texas Water Code, requires Seller to deliver and Buyer to sign the statutory notice relating to the tax rate, bonded indebtedness, or standby fee of the district prior to final execution of this contract. (3) TIDE WATERS: If the Property abuts the tidally influenced waters of the state, §33.135, Texas Natural Resources Code, requires a notice regarding coastal area property to be included in the contract. An addendum containing the notice promulgated by TREC or required by the parties must be used. (4)
STATUTORY TAX DISTRICTS. If the Property is situated in a utility or other statutorily created district providing water, sewer, drainage, or flood control facilities and services, the state may require Seller to deliver and Purchaser to sign the statutory notice relating to the tax rate, bonded indebtedness, or standby fee of the district prior to final execution of this contract.
STATUTORY TAX DISTRICTS. If the Property is situated in a utility or other statutorily created district providing water, sewer, drainage, or flood control facilities and services, state law may require Seller to deliver and Purchaser to sign the statutory notice relating to the tax rate, bonded indebtedness, or standby fee of the district prior to final execution of this contract. S. This paragraph does not preclude a party from seeking equitable relief from a court of competent jurisdiction.17. If the Property does not satisfy the lenders' underwriting requirements for the loan(s), this contract will terminate and the xxxxxxx money will be refunded to Purchaser. [Check one item only:] (1) This contract is subject to Purchaser being approved for the financing described in the attached Third Party Financing Condition Addendum. (2) This contract is not subject to Purchaser being approved for financing. B. If escrow agent does not receive written objection to the demand from the other party within 30 days after notice to the other party, escrow agent may disburse the xxxxxxx money to the party making demand reduced by the amount of unpaid expenses incurred on behalf of the party receiving the xxxxxxx money and escrow agent may pay the same to the creditors. The following expenses must be paid at or prior to closing:(1) Expenses payable by Seller (Seller's Expenses):(a) Releases of existing liens, including prepayment penalties and recording fees; release of Seller’s loan liability; tax statements or certificates; preparation of deed; one-half of escrow fee; and other expenses payable by Seller under this contract.(b) Seller shall also pay an amount not to exceed $ to be applied in the following order: Purchaser’s Expenses which Purchaser is prohibited from paying by FHA, VA, state-coordinated veteran’s housing assistance programs, or other governmental loan programs; Purchaser’s prepaid items; other Purchaser’s expenses.(2) Expenses payable by Purchaser (Purchaser's Expenses):(a) Loan origination, discount, buy-down, and commitment fees (Loan Fees).(b) Appraisal fees; loan application fees; credit reports; preparation of loan documents; interest on the notes from date of disbursement to one month prior to dates of first monthly payments; recording fees; copies of easements and restrictions; mortgagee title policy with endorsements required by lender; loan-related inspection fees; photos, amortization schedules, one-half of escrow fee; all prepaid items, including required premiums fo...
STATUTORY TAX DISTRICTS. If the Property is situated in a utility or other statutorily created district providing water, sewer, drainage, or flood control facilities and services, Initialed for identification by Xxxxx and Seller
