ROLLBACK TAXES. If additional taxes, penalties, or interest (Assessments) are imposed because of Seller’s use or change in use of the Property prior to closing, the Assessments will be the obligation of Seller. Obligations imposed by this paragraph will survive closing.
Appears in 25 contracts
Sources: New Home Contract (Incomplete Construction), New Home Contract (Incomplete Construction), New Home Contract
ROLLBACK TAXES. If additional taxes, penalties, or interest (Assessments) are imposed because of Seller’s use or change in use of the Property prior to closing or denial of a special use valuation on the Property results in additional taxes, penalties or interest (Assessments) for periods prior to closing, the Assessments will be the obligation of Seller. Obligations imposed by this paragraph will survive closing.
Appears in 4 contracts
Sources: New Home Contract, New Home Contract (Incomplete Construction), New Home Contract
ROLLBACK TAXES. If additional taxes, penalties, or interest (Assessments) are imposed because of Seller’s 's use or change in use of the Property prior to closing, the Assessments will be the obligation of Seller. Obligations imposed by this paragraph will survive closing.
Appears in 2 contracts
Sources: New Home Contract (Incomplete Construction), New Home Contract
ROLLBACK TAXES. If additional taxes, penalties, or interest (Assessments) are imposed because of Seller’s use or change in use of the Property prior to closing, the Assessments will be the obligation of Seller. Obligations imposed by this paragraph will survive closing. 14.
Appears in 1 contract