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82-88 Deposit CDBG grant funds
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82-88 Deposit CDBG grant funds
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Last modified
5/14/2013 3:06:48 PM
Creation date
9/8/2003 5:47:32 AM
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Template:
Office Of Council
Document Type
Ordinances
Date
9/8/2003
Date Adopted
11/21/1988
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Be <br /> <br />deliver occupancy <br /> <br />transfer of title. <br /> <br />Occupancy and Possession. Seller <br /> <br />shall <br /> <br />and possession of the Property to Buyer upon <br /> <br />any and <br /> <br />entity as a consequence of this- transaction. Seller <br />warrants and represents that no such commissions are <br /> <br />7. SALES COMMISSIONS. Seller shall be responsible for <br /> <br />all sales commissions due any individual or business <br /> <br /> agrees, <br />due any <br /> <br />person or entity from the Buyer and agrees to indemnify, save <br />and hold harmless the Buyer from any claims for sales commissions <br /> <br /> PRORATIONS, CHARGES AND CREDITS. <br /> <br /> A. Charges Against Seller. Seller shall be <br />charged with the following ¢osts,~ to be deducted by the Escrow <br />Agent from funds due Seller: (1) the cost of examination of <br />title and the premium for the Seller's Policy of Title Insurance <br />required by this Agreement; (2) the costs of any conveyance fees <br />and/or real estate transfer taxes applicable' to the Property; (3) <br />the costs of satisfying any taxes, assessments, liens or <br />encumbrances required to be discharged by this Agreement; (4) the <br />cOst of any inspection or certificates'required by any public <br />body or authority; (5) any real estate commissions required to be <br />paid by Seller; (6) the amount of any prorations due Buyer under <br />this Agreement; and (7) one-half (1/2) of the escrow fee. <br /> <br /> B. Char~es Against Buyer. Buyer shall be charged <br />with the following costs to be deducted by the Escrow Agent from <br />funds due Buyer, if any, or to be paid by Buyer prior to <br />transfer of .title: (~) the costs of the Location Serivce or' <br />Survey; (2) the cost of the special tax search; (3) the costs <br /> <br />of any sorts. <br /> 8. <br /> <br /> <br />
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