Common use of BUILDER DEPOSIT Clause in Contracts

BUILDER DEPOSIT. Buyer shall remit $ as builder’s deposit with (seller): Flair Homes Inc. at ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇. ▇▇ ▇▇▇▇, ▇▇ upon execution by both parties. Additional builder deposit of $ shall be remitted by the Buyer with the builder on or before , 20 . NO BUILDER DEPOSIT IS REFUNDABLE UNLESS OTHERWISE STATED HEREIN. If the buyer fails to deposit the builder’s deposit as required by this contract, the contract is void.

BUILDER DEPOSIT. Buyer shall remit $ as builder’s deposit with (seller): Flair Homes Inc. at ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇. ▇▇ ▇▇▇▇, ▇▇ upon execution by both parties. Additional builder deposit of $ shall be remitted by the Buyer with the builder on or before , 20 20_ . NO BUILDER DEPOSIT IS REFUNDABLE UNLESS OTHERWISE STATED HEREIN. If the buyer fails to deposit the builder’s deposit as required by this contract, the contract is void.