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04-91 Purchase 1442 Victoria Ave
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04-91 Purchase 1442 Victoria Ave
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Last modified
5/14/2013 3:06:27 PM
Creation date
9/5/2003 9:37:18 AM
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Office Of Council
Document Type
Ordinances
Date
9/5/2003
Date Adopted
1/7/1991
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B. Charges 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: (1) the costs of the Survey to be <br />performed by the Buyer if desired; (2) the cost of the special <br />tax search; (3) the costs incident to filing the Deed and any <br />mortgage(s) placed Upon the property and (4) one-half (1/2) of <br />the escrow fee. <br /> <br /> C. Other Charge~. Taxes and assessments, both general <br />and special, shall be prorated by the Escrow Agent as of the <br />date of title transfer based on the last available tax <br />duplicate. Sellers shall pay from escrow all utility charges to <br />the date of transfer of title, or the date Sellers vacates the <br />Property, whichever date is later. <br /> <br /> 10. This Purchase Agreement is contingent upon the <br />following terms and conditions: <br /> <br />be <br /> <br />Approval by City Council by the adoption of an <br />ordinance or resolution authorizing the Mayor to <br />sign this Agreement on behalf of the City of <br />Lakewood. If such approval is not granted by the <br />adoption of such legislation, or such legislation <br />is set aside by referendum or court action, this <br />agreement shall be void ~ and both parties <br />be returned to their original position. Buyer <br />shall have 30 days to obtain such approval; <br /> <br />Buyer shall have the opportunity to have an EPA <br />compliance inspection conducted on the premises and <br />terminate this agreement if it is not satisfied <br />with the result; and <br /> <br />Ce <br /> <br />Sellers are to provide a complete rent and lease <br />roll to Buyer. <br /> <br />de <br /> <br />Sellers shall notify the month to month tenants <br />that tenancy is terminated and the premises must be <br />vacated no later than February 28, 1991. Such <br />notice shall be. given to the.tenants as soon as <br />possible but no later than January 15, 1991, and <br />shall be in writing in accordance with Ohio law. <br /> <br />11. ENTIRE AGREEMENT. This Agreement constitutes the <br /> <br /> <br />
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