Common Contracts

2 similar Commission Trust Agreement contracts

Assignment of Agreement of Purchase and Sale
Commission Trust Agreement • August 17th, 2008

in the common elements appurtenant to the Unit as described in the Declaration and Description including the exclusive right to use such other parts of the common elements appurtenant to the Unit as may be specified in the Declaration and Description: the Unit, the proportionate interest in the common elements appurtenant thereto, and the exclusive use portions of the common elements, being herein called the “property”.

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Assignment of Agreement of Purchase and Sale
Commission Trust Agreement • August 17th, 2008

trust pending completion or other termination of this Assignment agreement (“Assignment”) and to be credited toward the Purchase Price on completion. For the purposes of this Assignment, “Upon Acceptance” shall mean that the Assignee is required to deliver the deposit to the Deposit Holder within 24 hours of the acceptance of this Assignment agreement. The parties to this Assignment hereby acknowledge that, unless otherwise provided for in this Assignment, the Deposit Holder shall place the deposit in trust in the Deposit Holder’s non-interest bearing Real Estate Trust Account and no interest shall be earned, received or paid on the deposit.

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