Laserfiche WebLink
7.6 Closing Cost Allocations. Each party shall pay its share of the closing costs which are <br />customarily paid by a seller or buyer in a transaction of this character in the county where the Property is <br />located, except as follows or as otherwise agreed: <br />(a) Seller shall pay the following Closing costs: (i) Seller's attorneys' fees and costs; <br />(ii) the cost of the title examination and related searches; (iii) the cost of the Survey; and (iv) <br />one-half (1/2) of Title's escrow/closing charges; and (vi) other Closing costs not expressly <br />identified in this Section 7.6(a) and normally paid by sellers of comparable properties. <br />(b) Buyer shall pay the following Closing costs: (i) Buyer's attorneys' fees and <br />costs; (ii) the costs and expenses of Buyer's audits and inspections of the Property and matters <br />pertaining thereto; (iii) the premium for the owner's policy of title insurance and any additional <br />premiums for obtaining endorsements to the Owner's Policy, if such endorsements are desired by <br />Buyer; (iv) the cost of any lender's policy of title insurance and endorsements; (v) one-half (1/2) <br />of Title's escrow/closing charges; and (vi) other Closing costs not expressly identified in this <br />Section 7.6(b) and normally paid by buyers of comparable properties. <br />84959-004\ 1571749.doc 8 <br />