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