CLOSING AND SETTLEMENT. Seller/Landlord shall determine the title company at which settlement shall occur and shall inform Buyer/Tenant of this location in writing. Buyer/Tenant agrees that closing costs in their entirety, including any points, fees, and other charges required by the third-party lender, shall be the sole responsibility of Buyer/Tenant. The only expense related to closing costs apportioned to Seller/Landlord shall be the pro-rated share of the ad valorem taxes due at the time of closing, for which Seller/Landlord is solely responsible.
Appears in 111 contracts
Sources: Lease to Purchase Option Agreement, Residential Lease With Option to Purchase, Residential Lease Agreement (With Option to Purchase)
CLOSING AND SETTLEMENT. Seller/Landlord shall determine the title company at which settlement shall occur and shall inform Buyer/Tenant of this location in writing. Buyer/Tenant Buyer/▇▇▇▇▇▇ agrees that closing costs in their entirety, including any points, fees, and other charges required by the third-party lender, shall be the sole responsibility of Buyer/Tenant. The only expense related to closing costs apportioned to Seller/Landlord shall be the pro-rated share of the ad valorem taxes due at the time of closing, for which Seller/Landlord is solely responsible.
Appears in 27 contracts
Sources: Lease to Own Agreement, Lease Agreement, Lease to Own Agreement
CLOSING AND SETTLEMENT. SellerLandlord/Landlord Seller shall determine the title company at which settlement shall occur and shall inform BuyerTenant/Tenant Buyer of this location in writing. Buyer/Tenant Tenant/▇▇▇▇▇ agrees that closing costs in their entirety, including any points, fees, and other charges required by the third-party lender, shall be the sole responsibility of Tenant/Buyer/Tenant. The only expense related to closing costs apportioned to SellerLandlord/Landlord Seller shall be the pro-rated share of the ad valorem taxes due at the time of closing, for which SellerLandlord/Landlord Seller is solely responsible.
Appears in 2 contracts
Sources: Rent to Own Agreement, Rent to Own Agreement
CLOSING AND SETTLEMENT. SellerLandlord/Landlord Seller shall determine the title company at which settlement shall occur and shall inform BuyerTenant/Tenant Buyer of this location in writing. BuyerTenant/Tenant Buyer agrees that closing costs in their entirety, including any points, fees, and other charges required by the third-party lender, shall be the sole responsibility of Tenant/Buyer/Tenant. The only expense related to closing costs apportioned to SellerLandlord/Landlord Seller shall be the pro-rated share of the ad valorem taxes due at the time of closing, for which SellerLandlord/Landlord Seller is solely responsible.
Appears in 1 contract
Sources: Rent to Own Agreement
CLOSING AND SETTLEMENT. Seller/Landlord shall determine the title company at which settlement shall occur and shall inform Buyer/Tenant of this location in writing. Buyer/Tenant Buyer/▇▇▇▇▇▇ agrees that closing costs in their entirety, including any points, fees, and other charges required by the third-party lender, shall be the sole responsibility of Buyer/Tenant. The only expense related to closing costs apportioned to Seller/Landlord shall be the pro-rated share of the ad valorem taxes due at the time of closing, for which Seller/Landlord is solely responsible.
Appears in 1 contract
Sources: Lease Purchase Agreement