Common use of Closing Costs and Prorations Clause in Contracts

Closing Costs and Prorations. Taxes and assessments for the current year, if any, shall be prorated between the prior owner of the Improvements and Buyer as of the date of closing. Seller shall pay one-half (½) of Closing Agent’s closing and escrow fees for sale of the land. Buyer shall pay one-half (½) of Closing Agent’s closing and escrow fees for the purchase of the land. In addition, Buyer shall pay all other closing costs, including but not limited to: (1) closing agent’s closing and escrow fees for purchase of Improvements; (2) recording fees for the cost of recording the State Deed and Bill of Sale; (3) the cost for any title insurance purchased at Buyer’s option; (4) lender fees, if

Closing Costs and Prorations. Taxes and assessments for the current year, if any, shall be prorated between the prior owner of the Improvements and Buyer as of the date of closing. Seller shall pay one-half (½) of Closing Agent’s closing and escrow fees for sale of the land. Buyer shall pay one-half (½) of Closing Agent’s closing and escrow fees for the purchase of the land. In addition, Buyer shall pay all other closing costs, including but not limited to: (1) closing agent’s closing and escrow fees for purchase of Improvements; (2) recording fees for the cost of recording the State Deed and Bill of Sale; (3) the cost for any title insurance purchased at Buyer’s option; (4) lender fees, ifif any, together with all associated recording fees, if any; and (5) any other cost, fee, or expense which may be reasonably required in order for the transaction to close.

Closing Costs and Prorations. Taxes and assessments for the current year, if any, shall be prorated between the prior owner of the Improvements and Buyer as of the date of closing. Seller shall pay one-half (½) of Closing Agent’s closing and escrow fees for sale of the land. Buyer shall pay one-half (½) of Closing Agent’s closing and escrow fees for the purchase of the land. In addition, Buyer shall pay all other closing costs, including but not limited to: (1) closing agent’s closing and escrow fees for purchase of Improvements; (2) recording fees for the cost of recording the State Deed and Bill of Sale; (3) the cost for any title insurance purchased at Buyer’s option; (4) lender fees, if▇▇▇▇ of