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69-91 Purchase Agreement 14609 Madison & 2021 Warren
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69-91 Purchase Agreement 14609 Madison & 2021 Warren
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Last modified
5/14/2013 3:06:33 PM
Creation date
9/5/2003 10:16:25 AM
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Office Of Council
Document Type
Ordinances
Date
9/5/2003
Date Adopted
11/18/1991
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9. PRORATIONS, CHARGES AND CREDITS. <br /> <br /> a. Charges Against Seller. Seller shall be <br /> <br />charged with the following costs, to be deducted by the <br />Escrow Agent from funds due Seller: (1) the costs of <br />satisfying any taxes', assessments, liens or encumbrances <br />required to be discharged by this Agreement; (2) any <br />real estate commissions required to be paid by Seller; <br />and (3) the amount of any prorations due Buyer under <br />this Agreement. <br /> <br /> b. Charges Against Buyer. Buyer shall be <br />charged with the following costs to be deducted by the <br />Escrow Agent from funds due buyer, if any, or to be paid <br />by Buyer prior to transfer of title: (1) the costs of <br />the Location Service or Survey; (2) the cost of the <br />special tax search; (3) the costs incident to filing <br />the Deed and any mortgage(s) placed upon the property; <br />(4) cost of examination of title and the premium for the <br /> <br />Title Insurance <br />costs of any <br />transfer taxes <br /> <br /> required by this Agreement; (5) the <br />conveyance fees and/or real estate <br />applicable to the Property; (6) the <br /> <br /> cost of the Owner's Title <br /> <br />escrow fee; ~and (7) the <br />Insurance Policy, if any. <br /> <br /> c. Other Charges. Taxes and assessments, <br /> \ <br /> <br />both general and special, shall be prorated by the <br />Escrow Agent as of the date of title transfer based on <br />the last available tax duplicate. Seller shall pay from <br /> <br /> 6 <br /> <br /> <br />
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