Sale of Home. If you sell the Home you:
Sale of Home. So long as the Lessee timely pays their rent and otherwise their obligations under this Lease and no Default has occurred and is continuing under Section 18, below, the Lessee shall have the right to sell their Home and assign all, but not less than all, of their rights under this Lease to financially qualified purchaser(s) of the Home, provided that (1) such purchaser(s) is/are acceptable to Lessor in accordance with the Lessor’s customary approval standards, those used by Lessor when considering prospective residents of the Community, (2) such purchaser is acceptable to any lender providing financing secured by a mortgage, deed of trust or similar instrument encumbering the Home, (3) such purchaser agrees in writing in the document of transfer to assume and be bound by all of the terms and conditions contained in this Lease, and, (4) the Lessee and the prospective purchaser otherwise comply with the conditions described in this Section 15(a). Should the Home, at the time of transfer, be financed by a bank, savings and loan, insurance company or other financial institution generally providing home mortgage financing, the Lessor agrees that such purchaser(s) will be considered acceptable to the Lessor under clause (1), above, if the Lessor reasonably determines that the proposed transferee is creditworthy. Should the Lessee desire to sell the Home and assign their interest in the Lease, then the Lessee shall deliver to the Lessor written notice of the proposed transaction at least 30 days prior to the proposed closing date (or a shorter period of time reasonably requested by the Lessee, if the proposed closing date is less than 30 days following execution of the proposed contract of sale), along with the proposed contract of sale, duly executed by each of the parties but subject to the terms of this Lease, and a fully completed and executed rental application completed by the proposed purchaser(s) on the Lessor’s standard form. The Lessor may charge a reasonable fee for reviewing and processing the proposed assignment transaction. The Lessor shall, within 10 days following receipt of the completed application and processing fee, advise the Residents of its approval or disapproval of the proposed purchaser(s). Notwithstanding anything to the contrary contained in this Section 15(a), in lieu of granting its approval to the sale of the Home the Lessor may instead elect to purchase the Home and take an assignment of and assume the Lease on the terms and condit...
Sale of Home. Assignment and Foreclosure
Sale of Home. The Resident agrees to comply, in sequential step by step order, with the procedures in "Home Sales Procedures," attached hereto as Addendum B and made a part hereof, should he elect to sell his home where the intent is for the home to remain upon the Premises subsequent to the sale.
Sale of Home. In the event the display home erected pursuant hereto is sold prior to the Home Show event, possession to the purchaser shall be deferred until after the event is completed and said sale shall be subject to the terms hereof.
Sale of Home. Resident is prohibited from attempting to sell and from selling the Home without first obtaining the written consent of the Community Owner as to the prospective purchaser, which consent will not be unreasonably withheld.
Sale of Home. 50.2 An eligible transferred employee who owns, and ordinarily resides in, a house is entitled to be reimbursed for reasonable expenses incurred if the employee is moved to another locality and sells or enters into an agreement to sell the house.
Sale of Home. A sale or transfer of the Home shall be considered an early termination of this Agreement by the Customer and be considered a request for removal of the Equipment and require the payment of the Removal Fee described in Paragraph 10 unless the Customer arranges for the Equipment to be relocated to the Customer’s new property. The Removal Fees referenced in Paragraph 10 will not apply if the Customer arranges for the transferee of the Home to assume all of the Customer's rights and obligations under this Agreement. The transferee will be required to sign a new agreement with NSPI in order for the transfer to be effective. NSPI will permit the transferee of the Home to assume the Customer's rights and obligations under this Agreement, effective from the date of sale or transfer, provided that:
Sale of Home. On the sale of Employee's home in San Francisco, the Company will reimburse Employee for the real estate brokerage commission and related sales costs and, in addition compensate Employee for a loss on the sale of the house against what you paid for the house to a maximum of $100,000. Also, the Company will reimburse Employee for the moving costs and closing costs associated with the purchase of another home.
Sale of Home. Homeowner may not assign or sublet this Agreement. Homeowner hereby agrees that he and his real estate broker (if any) will inform each prospective buyer that this Lot Rental Agreement will expire when the Homeowner sells the home. A prospective buyer of a home who wishes to live in the Park must be (i) pre-approved by Management before closing on the purchase of the mobile home, (ii) must provide Management a copy of the vehicle title that will be transferred to the Homeowner, (iii) provide the name and contact information for the lender, and (iv) must sign a Lot Rental Agreement before moving in.
