Common use of Short Sale Clause in Contracts

Short Sale. In cases of short sale, the parties shall work together so that the Bank/Lender or any lien holders agree to hold sellers or named persons on title as of this agreement harmless of any further actions and will not hold seller accountable for the remainder amounts owed.

Appears in 3 contracts

Samples: Estate Purchase and Sale Agreement, Estate Purchase and Sale Agreement, Estate Purchase and Sale Agreement

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Short Sale. In cases of short sale, the parties shall work together so that the Bank/Lender or any lien holders agree to hold sellers or named persons on title as of this agreement harmless of any further actions and will not hold the seller accountable for the remainder amounts owed.

Appears in 1 contract

Samples: Purchase and Sale Agreement

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