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32-91 Purchase 1432-34 Victoria Ave
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32-91 Purchase 1432-34 Victoria Ave
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Last modified
5/14/2013 3:06:28 PM
Creation date
9/5/2003 9:47:46 AM
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Office Of Council
Document Type
Ordinances
Date
9/5/2003
Date Adopted
4/1/1991
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of escrow shall be made a part hereof and incorporated herein by <br />reference. <br /> <br /> 7. TITLE TRANSFER, OCCUPANCY AND POSSESSION. <br /> <br /> A. Title Transfer. Title shall transfer to <br /> <br />Purchaser by the recording of the deed unless such date is <br />changed by agreement of Buyer and Seller. <br /> <br /> - B. Occupancy and Possession. Seller shall deliver <br />occupancy and possession of the Property to Buyer upon transfer <br />of title. <br /> <br /> 8. SALES COMMISSIONS. Seller shall be responsible for <br />any and all sales commissions due any individual or business <br /> <br />entity as a consequence of this transaction. Seller agrees, <br />warrants and represents that no such commissions are due any <br />person or entity from the Seller and agrees to indemnify, save <br />and hold harmless the Buyer from any claims for sales <br /> <br />commissions of any sort. <br /> <br /> 9. PRORATIONS, CHARGES AN[) CREDITS. <br /> <br /> A. Charges Against Seller. Seller shall be <br /> <br />charged with the following costs, 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 Title Insurance required by this <br />Agreement; (2) the costs of any conveyance fees and/or real <br />estate transfer taxes applicable to the Property; (3) the costs <br />of satisfying any taxes, assessments, liens or encumbrances <br />required to be discharged by this Agreement; (4) any real estate <br />commissions required to be paid by Seller; (5) the amount of any <br />prorations due Buyer under this Agreement; and (6) one-half <br />(1/2) of the escrow fee. <br /> <br /> B. Charges Against Buyer. Buyer shall be charged <br />with the following costs to be deducted by the Escrow Agent from <br /> <br /> <br />
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