Preclosing. Seller will have the right to require Buyer to preclose this sale by having all documents necessary for closing signed and deposited with Escrow before the time of closing. This "preclosing" may take place as early as thirty (30) or more days before the date on which Seller estimates a temporary or permanent "certificate of occupancy" covering the Unit will be issued, or if no "certificate of occupancy" will be issued, the "preclosing" may take place as early as thirty (30) or more days before the date on which Seller estimates a building or unit is complete enough to be occupied. A "certificate of occupancy" is a certificate which the Department of Planning and Permitting of the City and County of Honolulu (the “City”) issues when it feels a building or unit is complete enough to be occupied.
Appears in 20 contracts
Samples: Sales Agreement, Sales Agreement, Sales Agreement
