Common use of Payments Due at Closing Clause in Contracts

Payments Due at Closing. As a condition of the Seller's delivery of the Deed for the Home, at the closing the Buyer must pay the balance of the total purchase price. The Buyer and Seller will also apportion certain expenses arising out of ownership of the Home. The Buyer and Seller will also have certain expenses connected with the closing, which they each must pay.

Payments Due at Closing. As a condition of the Seller's ’s delivery of the Deed for the HomeDeed, at the closing closing, the Buyer must pay the balance of the total purchase priceTotal Purchase Price. The Buyer and Seller will also apportion certain expenses arising out of ownership of the HomeUnit. The Buyer and Seller will also have certain expenses connected with the closing, closing which they each must pay.