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Agenda - 05-06-2003 - 9c
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Agenda - 05-06-2003 - 9c
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Last modified
7/12/2011 3:03:40 PM
Creation date
7/12/2011 3:03:39 PM
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BOCC
Date
5/6/2003
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
9c
Document Relationships
2003 NS ERC - Clyde W. Vincent and Louise A. Vincent Estates Approval of Contract to Purchase Property -
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(c) Ad valorem taxes on the Property, if any, for the <br />calendar year in which the closing occurs shall be paid by <br />Seller. The credit for pro-rated ad valorem taxes on the <br />Property that would be due Seller if Buyer were not a North <br />Carolina local government shall be added to the purchase price <br />as provided in Section 1 of this Agreement. Seller shall pay any <br />Orange County ad valorem taxes on personal property of Seller <br />for the entire year of the closing. Seller shall pay all <br />deferred taxes, and any tax penalties including late. listing <br />penalties. <br />(d) Buyer shall pay for the entire cost of the survey of <br />the Property. <br />5. CONDITIONS: <br />(a) Seller agrees to allow Buyer access to the Property <br />for the purpose of inspecting, testing and analyzing the <br />Property at any time prior to the closing of the purchase of the <br />Property. <br />(b) On request of Buyer, Seller agrees to exercise <br />Seller's best efforts to deliver to Buyer, as soon as reasonably <br />possible following the signing of this agreement, copies of any <br />title information in possession of or available to Seller,. <br />including, but not limited to, title insurance policies, <br />attorneys opinions on title, surveys, covenants, deeds, notes, <br />and deeds of trust and easements relating to the Property. <br />8 <br />
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