Common use of LIENHOLDER INFORMATION Clause in Contracts

LIENHOLDER INFORMATION. I acknowledge that any lender or lienholder allows a Lease with Option to Purchase Agreement to be entered into on the Property, and will verify loan information to Tenant/Optionee per attached Authorization to Release Information form, which I have signed, and any lienholder will accept payments directly from Tenant/Optionee should I default on payments.

Appears in 2 contracts

Sources: Residential Lease Agreement With Option to Purchase, Landlord/Optionor Acknowledgments