period in favor of [himself/herself], members of [his/her] family and household. PURCHASER shall be responsible for payment of all utilities and for insurance on contents commencing on the date of occupancy. POST-CLOSING POSSESSION AGREEMENT. This will enable the buyers to complete their move, move into the house, but before the actual closing. Severalty - The singular terms Buyer and Seller are used herein collectively to include, jointly and severalty each of the undersigned in the singular or plural. THE PARTIES AGREE THAT THIS POST-CLOSING OCCUPANCY ARRANGEMENT IS NOT A LEASE AND THAT THE OCCUPANCY FEES ARE NOT RENT, BUT RATHER A TEMPORARY RIGHT OF USE FOR CONSIDERATION, TO ACCOMMODATE THE SELLER. Additional Terms - The Buyer and Seller further agree as follows (if applicable): 10. A use and occupancy agreement, however, is not without its risks and downside, which I will discuss below. While this certainly makes it easier for all participants, there are occasions when it is advantageous for the seller, and perhaps even the buyer, for the seller to occupy the property after the sale closes. Seller Shall46 Shall Not maintain and pay the cost of (1) a Seller’s “Renters Policy” covering Seller’s personal 47 property on the Property and (2) Shall Shall Not maintain and pay the cost of adequate liability insurance in favor of 48 both Seller and Buyer and supply to Buyer evidence of such insurance. 7. 1. The sellers are willing to let the Tom, Mary and family move into the home prior to the closing under a Use and Occupancy Agreement. an agreement regarding which utilities should be put in Buyer's name before Closing, but even if the utilities remain in Seller's name, Buyer shall pay to Seller the amount due for the utilities consumed and the assessments that accrue on the Property during the occupancy. Seller shall indemnify Buyer for any liability incurred by Seller as a result of said post-closing occupancy. ... post-closing address of the parties at paragraph , or, if none is listed, to the. PCO70-10-11. A post-occupancy contract is rarely used in Florida. 11. closing are disbursed on the purchase of the Property. Usually, buyers wish to occupy the property right after closing. The PURCHASER agrees to maintain liability insurance on the Premises and to 4. Topics for a post closing occupancy agreement. Governing Law - This Agreement shall be governed by and construed in accordance with the laws Use and Occupancy Agreement v. 3.1 9. This is a Legally Binding Agreement. This indemnification shall include Attorney’s fees and court costs awarded to the prevailing party. POST-CLOSING OCCUPANCY AGREEMENT Page 2 of 2 11. Post Settlement Occupancy Agreement. attorney for such party, or, if none, to the address for such party recited in the ... said use and occupancy during that. 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