Condominium Purchase Agreement

8. BROKERS` FEES: All obligations of the parties regarding the payment of brokerage fees are contained in separate written agreements. 13. PRORATIONEN: Taxes for the current year, interest, maintenance costs, regular condominiums, taxes and rents are reported on a pro-rata basis until the reference date. If taxes for the current year vary in proportion to the amount of financial statements, the parties adjust the commitments when tax returns are available for the current year. If no tax is paid at closing or before closing, the buyer must pay taxes for the current year. Cash reserves from regular condominiums for deferred maintenance or capital improvement, set by the association, are not credited to the seller. Any special valuation of the condominium, due and not paid at the closing, is the seller`s obligation. Four items that each contain definitions that must be coated with paper papers for the sale of condominiums. In Article I, we will address certain deadlines by setting a time limit. Specify, on the distance between the word “inside” and the term “effective date days of the sales contract,” the number of days from the date of execution of the sales contract indicated by the seller in the items defined in the excerpts referred to as “A”; by “C.”) Next, the statement entitled “B.” addresses the subject of the minutes of the board meeting. The seller must provide a copy of the minutes of each board meeting that took place prior to the execution date of the sales contract.

Tell you how far (in months) the delivered copies should regress. If the seller must provide a copy of the minutes. B of every board meeting that took place in the six months prior to the expiry date of the sales contract, enter the number “6” in this line. Make sure that the number you enter here complies with the rules established by the Rules of the Board of Directors that can resolve this issue. Article II will also set a deadline. However, this provision is subject to the buyer. Use the empty line provided under the words “buyer must have” to record the number of working days that the buyer must approve the materials defined in Article I of the date the buyer receives these materials. We will have to present several definitions of Article III concerning the Condominium Association. Look for the empty line for the dollar sign, then you deliver money that the buyer must pay to cover the costs of Condominium Association. Indicate whether this amount should be paid “monthly,” “quarterly” or “annual” by activating the corresponding checkbox. The following section of this article will be used to document the services that will cover condominium parties.

This is done in the points “A” to “Mr.”” treated. Each of these elements defines a service and includes three boxes marked “contained,” “not included,” and “non-knowledge.” Check the “Included” box for each item covered by the Condominium Association Fee or check the “Not Included” box for each item that the Condominium Association Fee does not cover.

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