Common use of Costs of Closing Clause in Contracts

Costs of Closing. The Seller agrees to pay for the following closing costs: revenue stamps or other real estate transfer taxes, the recording of any documents necessary to clear the title, and one-half of all closing fees charged by Transnation. The Buyer shall pay any costs for any pre-purchase inspections of the Premises, recording of the deed, and one-half of all closing fees charged by Transnation. Notwithstanding the foregoing, however, each party shall be responsible to pay its own attorney fees in connection herewith.

Appears in 3 contracts

Sources: Purchase Agreement (Community Shores Bank Corp), Purchase Agreement (Community Shores Bank Corp), Purchase Agreement (Community Shores Bank Corp)