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2022-09-14 City Council Packet
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2022-09-14 City Council Packet
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Centerville Schifsky PA version 09092022-2 for Council Packet <br />beennoskill, labor or material furnished to the Real Property for which payment <br />has not been made or for which mechanic's liens could be filed; and that there <br />are no other unrecorded interests in the Real Property together with any <br />standard indemnity agreement required by Title to issue the Title Policy. <br />(iii) FIRPTA Affidavit. A non-foreign affidavit, properly executed and in <br />recordable form containing such information as is required by IRC § 1445(b)(2) <br />and its regulations. <br />(iv) Assignment. Assignment of all of the Documents and other <br />documents relevant to the Project (at no cost to Buyer), Plans and any facets <br />of the Property not covered by the Warranty Deed, in which Seller assigns all <br />rights, title and interest in said Plans or Documents in form acceptable to the <br />Buyer. <br />(v) Final Plat. If not already recorded, the Final Plat which will <br />evidence the subdivision of the Real Property into a separate tax parcel (or <br />parcels). <br />(vi) Additional Documents. Such other documents as Buyer may <br />reasonably request to carry out the transactions contemplated under this <br />Agreement. <br />B. Buyer's Closing Documents. On the Closing Date, Buyer will sign <br />and/or deliver to Seller the following (collectively, "Buyer's Closing Documents") at such <br />Closing: <br />(i) Earnest Money. The Buyer shall cause the Earnest Money to be <br />released to the Seller. <br />(ii) Additional Cash. The Additional Cash due at Closing, if any, by <br />wire transfer of U.S. Federal Funds, cashier's check, cash or by certified check <br />on the Closing Date payable to the Seller. <br />(iii) Additional Documents. Such other documents as Seller may <br />reasonably request to carry out the transactions contemplated under this <br />Agreement. <br />8. PRORATIONS. Seller and Buyer agree to the following prorations and <br />allocations of costs regarding this Agreement: <br />A. Real Estate Taxes and Special Assessments. The real estate taxes <br />due and payable in all years prior to the year of Closing and all deferred, levied or <br />pending special assessments as of the Closing Date will be paid in full by the Seller. <br />The Seller is also responsible for paying any interest and penalties due thereon. The <br />real estate taxes due and payable in the year of Closing, will be prorated as of the <br />Closing Date, based on the calendar year. Special assessments levied after the <br />Closing Date (other than those pending as of the Closing Date, which are to be paid by <br />Seller) will be the responsibility of the Buyer. Seller represents that the Property will be <br />non-homestead classification. Seller will pay any and all Green Acre Recapture at <br />11 <br /> <br />
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