Common use of Closing Costs - Items to be Prorated Clause in Contracts

Closing Costs - Items to be Prorated. The Closing Agent shall prorate the following expenses as of the Closing Date, with the day of Closing being the responsibility of Buyer: (a) Real property taxes and assessments, except special assessment district bonds and assessments provided for in Section 10.2 (a); (b) Municipal water and sewer charges; (c) Condominium, planned unit development or similar community assessments; cooperative fees, maintenance fees, homeowner association regular, special and emergency dues and assessments imposed prior to the Closing Date; and (d) Payments of bonds, and other special assessment district bonds and assessments imposed prior to the Closing Date.

Closing Costs - Items to be Prorated. The Closing Agent shall prorate the following costs and expenses as of the Closing Date, with the day of Closing being the responsibility of Buyer: (a) Real property taxes and assessments, except special assessment district bonds and assessments provided for in Section 10.2 (a10.2(a); (b) Municipal water and sewer charges; (c) Condominium, planned unit development or similar community assessments; cooperative fees, maintenance fees, homeowner association regular, special and emergency dues and assessments imposed prior to the Closing Date; and (d) Payments of bonds, and other special assessment district bonds and assessments imposed prior to the Closing Date.