Common use of Qualified Purchasers Clause in Contracts

Qualified Purchasers. The following restrictions shall apply in determining whether a purchaser is qualified to purchase said Property: a. The Property shall be offered for sale to persons actually employed within the City of Aspen or Pitkin County, or other individuals deemed qualified by the Aspen/Pitkin County Housing Authority, including but not limited to, qualified retirees and pensioners. Any individual or individuals who purchase said Property must agree, as a condition of sale and, in fact, must personally occupy the Property as a primary residence during the period of ownership. b. Should there be no qualified purchasers as stated in a. above after a period of four (4) months from the date the Property is first listed for sale, the Property may then be offered for sale to any resident of Pitkin County. The purchaser or purchasers must agree as a condition of sale and, in fact, must personally occupy such Property as a primary place of residence during the period of ownership, and their occupancy must be approved by Smuggler Homeowners' Association.

Qualified Purchasers. The following restrictions shall apply in determining whether a purchaser is qualified to purchase said Property: a. The Property shall be offered for sale to persons actually employed within the City of Aspen or Pitkin County, or other individuals deemed qualified by the Aspen/Pitkin County Housing Authority, including but not limited to, qualified retirees and pensioners. Any individual or individuals who purchase said Property must agree, as a condition of sale and, in fact, must personally occupy the Property as a primary residence during the period of ownership. b. Should there be no qualified purchasers as stated in a. above after a period of four (4) months from the date the Property is first listed for sale, the Property may then be offered for sale to any resident of Pitkin County. The purchaser or purchasers must agree as a condition of sale and, in fact, must personally occupy such Property as a primary place of residence during the period of ownership, and their occupancy must be approved by Smuggler Homeowners' Association.