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2000-02-23 CC
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2000-02-23 CC
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<br />~ lIX (9) <br /> <br />Certificat.e( s) of Occ\lDancy, One or more unconditional irrevocable certificates <br />of occupancy issued by the appropriate governmental body authorizing the use of <br />the Real Property for the pmposes now used. <br /> <br />(10) Orlsrinal Documents. Original copies of the Leases, the Contracts, the Permits, <br />the Warranties, the Plans and the Records. <br /> <br />(11) FIRPTA Affidavit. A non-foreign affidavit, properly executed and in recordable <br />form, containing such information as is required by IRC Section 1445(b)(2) and <br />its regulations. <br /> <br />(12) Owner's Dqplicate Certificates of Title or Abstract of Title. The abstract of title <br />or the owner's duplicate certifica.tes of title regarding the Real Property, if in <br />Seller's possession. <br /> <br />(13) IRS Reporti..w:l Form. The appropriate Federal Income Tax reporting fOIm, if any <br />is required. <br /> <br />(14) Other Docuxnents. All other documents reasonably determined by Buyer to be <br />necessary to transfer the Property to Buyer free and clear of all encumbrances. <br /> <br />B. B'UYer'~ Closin!:t Documents. On the Closing Date, Buyer ..vill execute and/or <br />deliyer to Seller the following (collectively, "Buyer's Closing Documents"): <br /> <br />(1) Purchase Price. The Purchase Price, by wire transfer of U.S. Federal Funds, or by <br />certified check, to be received in Title's trust account on or before the Closing <br />Date. <br /> <br />(2) AsSUnl'Otion Alp'eernent. An Assumption Agreement, pursuant to which Buyer <br />will assume all obligations of Seller under the Contracts and the Permits that <br />accrue after the Closing Date. <br /> <br />(4) Title Documents. Such affidavits of Purchaser, Certificates of Value or other <br />documents as may be reasonably required by Title in order to record the Seller's <br />Closing Documents and issue 'the Title Insurance Policy required by this <br />Agreement. <br /> <br />S. Prorations. Seller and Buyer agree to the following prorations and allocation <br />of costs regarding this Agreement: <br /> <br />(a) Title insurance and Closing Fee. Seller will pay aU costS of the Title Evidence, <br />the ALTA Form B 1970 Owner's Title Polic}' and the fees charged by Title for <br />any escrow required regarding Buyer's Objections. Buyer will pay all additional <br />premiums required for the issuance of any mortgagee's Title Policy required by <br />Buyer. Seller and Buyer ..vill each pay one-half of any reasonable and customary <br /> <br />s <br />
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