1) Buyer to assume all closing costs. 2) Buyer to assume all tax delinquencies. 3) There is no proration made by seller, ie: no tax proration, or no proration of delinquent water balances, etc. 4) Failure to comply with the terms of the contract (ex: buyer failing to close on the date of closing) will result in the forfeiture of buyer's earnest money deposit. 5) Property is being sold 'as is, where is'. 6) Buyer to assume any and all violations.
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