Common use of Purchaser’s Lien Clause in Contracts

Purchaser’s Lien. The Downpayment and all other sums paid on account of this Contract and the reasonable expenses of the examination of title, and departmental violation searches in respect of, the Unit are hereby made a lien upon the Unit, but such lien shall not continue after default by Purchaser.

Appears in 10 contracts

Sources: Condominium Unit Sale Agreement, Condominium Sale Agreement, Condominium Sale Agreement

Purchaser’s Lien. The Downpayment and all other sums paid on account of this Contract and the reasonable expenses of the examination of titletitle to, and departmental violation searches in respect of, the Unit are hereby made a lien upon the Unit, but such lien shall not continue after default by PurchaserPurchaser hereunder.

Appears in 1 contract

Sources: Contract of Sale

Purchaser’s Lien. The Downpayment and all other sums paid on account of this Contract and the reasonable expenses of the examination examination, of title, and departmental violation searches in respect of, the Unit are hereby made a lien upon the Unit, but such lien shall not continue after default by Purchaser.

Appears in 1 contract

Sources: Condominium Unit Contract of Sale (Alco, Inc.)