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89-91 Purchase Agreement 1386 Park Row
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89-91 Purchase Agreement 1386 Park Row
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Last modified
5/14/2013 3:06:35 PM
Creation date
9/5/2003 10:35:54 AM
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Office Of Council
Document Type
Ordinances
Date
9/5/2003
Date Adopted
1/21/1992
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7. TITLE TRANSFER, OCCUPANCY AND pOSSESSION. <br /> <br /> a. Title Transfer. Title shall transfer to <br />Purchaser by the recording of the deed. <br /> <br /> b. OCcuPancy and.Possession. Seller shall <br /> <br />deliver occupancy and possession. °f~the Property' to <br />Buyer upon transfer of title. <br /> <br /> 8. SALES COMMISSIONS. Seller · shall be <br />responSible for any and all sales commissions due <br />Ostendorf-Morris, Century 21, Lucien & Associates and <br />Ron Lucien and any other individual or business entity <br />as a consequence of this transaction. The Seller agrees <br />to indemnify, save and hold harmless the Buyer from any <br />claims for sales commissions of any sort. <br /> <br /> 9. PRORATIONS, CHARGES AND CREDITS. <br /> <br /> a. Charges Aqainst 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 /> <br />and (3) the amount <br />this Agreement for <br />utilities. <br /> <br />of any prorations due Buye~ under <br />real estate taxes, assessments an~ <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 /> <br /> 5 <br /> <br /> <br />
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