2013-079 - Laserfiche WebLink

Home Browse Search

103 CLOSING. COSTS FEES ANMICHARGES 1o4 9. CLOSING=COSTS; TITLE INSURANCE; SURVEY; HOME WARRANTY; SPECIAL ASSESSMENTS: for (a) :COSTSTO=BE PAID BY SELLER: e Docurnentarystamptaxes .and surtax on deed, if any • HOAiCondominiumAssociatlonestoppetfees •- Owner :Pclltry,°and Charges{If Paragraph 9(c)(1) is checked) • Recording and otherfees needed to cuts itis • Title:search'charges (if Paragraph 9(c)(111) is checked) • SeHWs attorneys' fees • Other. ::- : - _ _ las tf; prior to 'Dlosing, .Seller is unable, to most the AS IS Maintenance Requirement as required by Paragraph 11 107 a. sum equal' to 125% of estimated cost to meet the AS IS Maintenance Requirement dhail be: escrowed at los Closing `If. actuahcosts YWmeetthe AS- IS Maintenance Requirement- exceed escrowed amount; Seller shall 109 pay such, ctualoosts. Any unused .portion of escrowed amount shall be returned to Seller. 110• (b) COSTS 'TO BE- PAID BY BUYER: • Taxes and recordng foot;es. on notes and mortgages • Loan expenses. Recording fees .for deed and financing statements • Appraisal fees Owners-.Policy and Charges (if Paragraph 9(c)(ii) is checked) • Buyer's Inspections • Survey' (and elevatlon certification, if required) • Buyer's attomeys' fees • Lender's title policy and endorsements • All property related insurance • HOAICondorninium Association applicationitransfer fees - • Other: 111• (c) TITLE EVIDENCE AND INSURANCE : At least 6 (if blank, then 5) days prior to Closing Date, a title 112 insurance commitment issued by a Florida licensed title insurer, with legible copies of instruments listed as 113 exceptions-attached thereto ("Title Commitment") and, after Closing, an owner's policy of title Insurance (see 114 STANDARD A for terms) shall be obtained and delivered to Buyer. If Seller has an owner's policy of title 115 insurance covering the Real Property, a copy shall be furnished to Buyer and Closing Agent within 5 days after 11e Effective Date. The owner's title policy premium and charges for owner's policy endorsements, title search, 117 and , closing services (collectively, "Owner's Policy and Charges") shall be paid, as set forth below 11e (.CHECK ONE) : 119• ®:(I) Seiler will designate Closing Agent and pay for Owner's Policy and Charges (but not including charges 120 for closing services related to Buyer's lender's policy and endorsements and loan closing, which amounts 121 shall, be paid by Buyer to Closing Agent or such other provider(s) as Buyer may select) ; or 12r ❑ (11) Buyer will designate Closing Agent and pay for • Ownees Policy and Charges and charges for -closing 123 services related to Buyees lender's policy, endorsements, and loan closing; or . 124• ❑ (iii) [MIAMI-DADEIBROWARD REGIONAL PROVISION): Seller will furnish a copy of a prior owner's ,policy 125 of title Insurance or other evidence of title and pay fees for (A). a continuation or update of such title evidence, 128 m which is acceptable to Buyer's title insurance underwriter for reissue of coverage; (B) tax search; and 127 (C);-munlcipal lien search. Buyer shall obtain and pay for post-Closing continuation and premium forBuyers 128 owner's policy, and if applicable, Buyer's lender's policy. Seller shall not be obligated to pay more than 129• $ (if' blank, $200.00) for abstract continuation or title search ordered or performed by Closing 130 Agent: : 131 (d) SURVEY; At least days prior to Closing, Buyer may, at Buyers expense, have the Real Property surveyed 132 and certifled by a registered Florida surveyor (` Survey'). If Seiler has a survey covering the Real , Property, a 133 copy shall, be furnished to -Buyer and Closing Agent within, 5 days after Effective Date. 134• (e) HOME WARRANTY: At . Ctosing, ❑ Buyer ❑ Seller � NIA will pay for a home warranty plan issued by 1350 Company of. Buyer s oiee at a cost not to exceed $ 500.00. A home 138 warranty plan provides for repair or replacement of many of a home's mechanical systems and major built-in 137 appliances In event of breakdown due to normal wear and tear during the agreement's warranty period. 138 (f) SPECIAL. ASSESSMENTS: At Closing, Seller will pay. (1) the full amount of liens imposed by a public body 139 rpublic body" does not include a Condominium or Homeowner's Association) that are certified, confirmed and 140 ratified before . Closing; and (ii) the amount of the public body's most recent estimate .or assessment for an 141 improvement which is substantially complete as of Effective Date, but that has not resulted in a lien being 142 imposed on the Property before Closing. Buyer will pay all other assessments. If special assessments may 143 b6i paid ''-in Installments (CHECKONE): 14V ® (a) Seller shall pay Installments due prior to ClosingandBuyer shall pay Installments due after 145 Closing. Installments prepaid or due forthe year of Cioeing shall be prorated. 148' (b) Seller shall pay the assessment(s) in full prior to or at the time of Closing. 147 IF NEITHER BOX IS CHECKED, THEN OPTION (a) SHALL BE DEEMED SELECTED. 148 This Paragraph 9(f) shall not apply to a special benefit tax lien imposed by a community development district 149 (CDD) pursuant to Chapter 190 F .S . which Ilan shall be treated as an ad valorem tax and prorated' pursuant to 150 STANDARD K Buyer's Initials .444 Page 3 of 10 Seller's initials FlorideReaitors/Florid ar-ASIS-1 Rev. 6/10 ® 2010 Florida RealtorsO and The Florida tsar. All rights reserved. i