Common use of ROLLBACK TAXES Clause in Contracts

ROLLBACK TAXES. In the event the Property has been assessed for property tax purposes at such rates as could result in “roll back” taxes upon changes in land usage or ownership of the Property, ▇▇▇▇▇ agrees to pay all such taxes and indemnity and save Seller harmless from and against any and all claims and liabilities for such taxes.

Appears in 4 contracts

Sources: Texas Terms and Conditions Addendum to One to Four Family Residential Contract (Resale), Texas Terms and Conditions Addendum to One to Four Family Residential Contract (Resale), Texas Terms and Conditions Addendum to One to Four Family Residential Contract (Resale)

ROLLBACK TAXES. In the event the Property has been assessed for property tax purposes at such rates as could result in “roll back” taxes upon changes in land usage or ownership of the Property, ▇▇▇▇▇ Buyer agrees to pay all such taxes and indemnity and save Seller harmless from and against any and all claims and liabilities for such taxes.

Appears in 1 contract

Sources: Real Estate Purchase Agreement

ROLLBACK TAXES. In the event the Real Property has been assessed for property tax purposes at such rates as could result in “roll back” taxes upon changes in land usage or ownership of the Real Property, ▇▇▇▇▇ Buyer agrees to pay all such taxes and indemnity indemnify and save Seller harmless from and against any and all claims and liabilities for such taxes.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Resource Real Estate Opportunity REIT, Inc.)