Common use of Appraisal of Property Clause in Contracts

Appraisal of Property. Buyer's obligation to purchase the Property [ ] IS [X ] IS NOT conditioned upon the Property appraising for not less than the Purchase Price. If the appraisal condition applies and the Property appraises for less than the Purchase Price, Buyer may cancel this Contract by providing written notice to Seller no later than three calendar days after Buyer's receipt of notice of the appraised value. In the event of such cancellation, the Xxxxxxx Money Deposit shall be released to Buyer, regardless of whether such cancellation is before or after the Xxxxxxx Money Forfeiture Deadline. A failure to cancel as provided in this Section 2.4 shall be deemed a waiver of the appraisal condition by Buyer.

Appears in 4 contracts

Samples: Real Estate Purchase Contract (Murdock Group Career Satisfaction Corp), Real Estate Purchase Contract (Murdock Group Career Satisfaction Corp), Real Estate Purchase Contract (Murdock Group Career Satisfaction Corp)

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Appraisal of Property. Buyer's obligation to purchase the Property [ ] IS [X X] IS NOT conditioned upon the Property appraising for not less than the Purchase Price. If the appraisal condition applies and the Property appraises for less than the Purchase Price, Buyer may cancel this Contract by providing written notice to Seller no later than three calendar days after Buyer's receipt of notice of the appraised value. In the event of such cancellation, the Xxxxxxx Money Deposit shall be released to Buyer, regardless of whether such cancellation is before or after the Xxxxxxx Money Forfeiture Deadline. A failure to cancel as provided in this Section 2.4 shall be deemed a waiver of the appraisal condition by Buyer.

Appears in 3 contracts

Samples: Real Estate Purchase Contract (Murdock Group Career Satisfaction Corp), Real Estate Purchase Contract (Murdock Group Career Satisfaction Corp), Real Estate Purchase Contract (Murdock Group Career Satisfaction Corp)

Appraisal of Property. Buyer's obligation to purchase the Property [ ] IS [X [ ] IS NOT conditioned upon the Property appraising for not less than the Purchase Price. If the appraisal condition applies and the Property appraises for less than the Purchase Price, Buyer may cancel this Contract by providing written notice to Seller no later than three calendar days after Buyer's receipt of notice of the appraised value. In the event of such cancellation, the Xxxxxxx Exxxxxx Money Deposit shall be released to Buyer, regardless of whether such cancellation is before or after the Xxxxxxx Exxxxxx Money Forfeiture Deadline. A failure to cancel as provided in this Section 2.4 shall be deemed a waiver of the appraisal condition by Buyer.

Appears in 2 contracts

Samples: Real Estate Purchase Contract (Murdock Group Career Satisfaction Corp), Real Estate Purchase Contract (Murdock Group Career Satisfaction Corp)

Appraisal of Property. Buyer's obligation to purchase the Property [ ] IS [X ] IS NOT conditioned upon the Property appraising for not less than the Purchase Price. If the appraisal condition applies and the Property appraises for less than the Purchase Price, Buyer may cancel this Contract by providing written notice to Seller no later than three calendar days after Buyer's receipt of notice of the appraised value. In the event of such cancellation, the Xxxxxxx Money Deposit shall be released to Buyer, regardless of whether such cancellation is before or after the Xxxxxxx Money Forfeiture Deadline. A failure to cancel as provided in this Section 2.4 shall be deemed a waiver of the appraisal condition by Buyer.

Appears in 1 contract

Samples: Real Estate Purchase Contract (Murdock Group Career Satisfaction Corp)

Appraisal of Property. Buyer's obligation to purchase the Property [ ] IS [X [ X] IS NOT conditioned upon the Property appraising for not less than the Purchase Price. If the appraisal condition applies and the Property appraises for less than the Purchase Price, Buyer may cancel this Contract by providing written notice to Seller no later than three calendar days after Buyer's receipt of notice of the appraised value. In the event of such cancellation, the Xxxxxxx Earnest Money Deposit shall be xx released to Buyer, regardless of whether such cancellation is before or after the Xxxxxxx Earnest Money Forfeiture DeadlineXxxxxxne. A failure to cancel as provided in this Section 2.4 shall be deemed a waiver of the appraisal condition by Buyer.

Appears in 1 contract

Samples: Real Estate Purchase Contract (Cyberamerica Corp)

Appraisal of Property. Buyer's obligation to purchase the Property [ ] IS [X [ ] IS NOT conditioned upon the Property appraising for not less than the Purchase Price. If the appraisal condition applies and the Property appraises for less than the Purchase Price, Buyer may cancel this Contract by providing written notice to Seller no later than three calendar days after Buyer's receipt of notice of the appraised value. In the event of such cancellation, the Xxxxxxx Money Deposit shall be released to Buyer, regardless of whether such cancellation is before or after the Xxxxxxx Money Forfeiture Deadline. A failure to cancel as provided in this Section 2.4 shall be deemed a waiver of the appraisal condition by Buyer.

Appears in 1 contract

Samples: Real Estate Purchase (Murdock Group Career Satisfaction Corp)

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Appraisal of Property. Buyer's obligation to purchase the Property f IIS [ ] IS [X ] IS NOT conditioned upon the Property appraising for not less than the Purchase Price. If the appraisal condition applies and the Property appraises for less than the Purchase Price, Buyer may cancel this Contract by providing written notice to Seller no later than three calendar days after Buyer's receipt of notice of the appraised value. In the event of such cancellation, the Xxxxxxx Money Deposit shall be released to Buyer, regardless of whether such cancellation is before or after the Xxxxxxx Money Forfeiture Deadline. A failure to cancel as provided in this Section 2.4 shall be deemed a waiver of the appraisal condition by Buyer.

Appears in 1 contract

Samples: Real Estate Purchase Contract (Murdock Group Career Satisfaction Corp)

Appraisal of Property. Buyer's obligation to purchase the Property [ ] IS [X ] IS NOT conditioned upon the Property appraising for not less than the Purchase Price. If the appraisal condition applies and the Property appraises for less than the Purchase Price, Buyer may cancel this Contract by providing written notice to Seller no later than three calendar days after Buyer's receipt of notice of the appraised value. In the event of such cancellation, the Xxxxxxx Exxxxxx Money Deposit shall be released to Buyer, regardless of whether such cancellation is before or after the Xxxxxxx Exxxxxx Money Forfeiture Deadline. A failure to cancel as provided in this Section 2.4 shall be deemed a waiver of the appraisal condition by Buyer.

Appears in 1 contract

Samples: Real Estate Purchase Contract (Murdock Group Career Satisfaction Corp)

Appraisal of Property. Buyer's Buyers obligation to purchase the Property [ ] IS [X ] IS NOT conditioned upon the Property appraising for not less than the Purchase PriceRice. If the appraisal condition applies and the Property appraises for less than the Purchase Price, Buyer may cancel this Contract by providing written notice to Seller no later than three calendar days after Buyer's receipt of notice of the appraised value. In the event of such cancellation, the Xxxxxxx Earnest Money Deposit shall be shxxx xx released to Buyer, Buyer regardless of whether such cancellation is os before or after the Xxxxxxx Earnest Money Forfeiture DeadlineXxxxxxne. A failure to cancel as provided in this Section 2.4 shall be deemed a waiver of the appraisal condition by Buyer.

Appears in 1 contract

Samples: Real Estate Purchase Contract (Cyberamerica Corp)

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