Seller's Net Sheet
1. Excise tax stamps - $5.70/$1,000 in increments of $500 __________ 2. Attorney representation (approximate) $800.00 3. Discharge of Mortgage - registered land $75.00 unregistered land $75.00 4. Smoke detector inspection $25.00 (may need electrician if smokes are hard wired) 5-1. Septic system plan (engineering plan for new system) $1,200 - $1,500 5-2. Install new Title V system $6,000 - $10,000 6. Title V septic inspection (good for 2 yrs.) $350 - $500 7. Well water test $30.00 8. Condo - extra documents required $200.00 9. Septic Waiver letter $10.00 TOTAL EXPENSES ____________ PROJECTED SALES PRICE ____________ LESS EXPENSES ____________ SELLER'S NET ____________
Taxes are prorated at closing. Final water bill is paid at closing by Seller. Gas and electric meters read day of closing and final bill sent to Seller. When there is an oil tank, it is customary for Seller to fill tank immediately prior to the closing and Seller will be reimbursed for full tank of oil.