Examples of Voluntary Sale in a sentence
Notwithstanding the foregoing paragraph, the following transfer of ownership of the Unit from a Qualified Buyer shall not be subject to Article V (Voluntary Sale By Owner) and Section VI.A. (Calculation of Maximum Sale Price), so long as the transferee shall occupy the Unit as his or her permanent residence (as defined in Section IV.B. below): A transfer resulting from the death of an Owner where the transfer is to at least one (1) person taking title by will or by operation of law.
If you will agree to list the Subject Property and pursue a voluntary sale, then within solution_deadline days we must sign a written Voluntary Sale Agreement confirming that the Subject Property will be sold and confirming how the money will be divided.
Rather, I am requiring that we, as co-owners, enter into a Voluntary Sale Agreement within solution_deadline days, by which we agree to sell the Subject Property on the open market.
This Agreement is entered into by the Town and the Seller as a Voluntary Sale as defined under the Uniform Relocation Assistance and Real Property Acquisition Policies Act, (The “Uniform Act,” 49 C.F.R. Part 24, [FHWA Docket No. FHWA–2003–14747]), per the Attachment in Section 24(a)(i) of this Purchase Agreement.
The Voluntary Sale Agreement would also confirm other important details, such as a minimum sale price, the timeline of the sale, and how the Subject Property will be marketed.
If all of the co-owners have not signed a Buyout Agreement or a Voluntary Sale Agreement within solution_deadline days, then I will presume that the co-owners have refused to proceed with option #1 or option #2 as outlined above.
If you agree to this approach, I will provide a proposed Voluntary Sale Agreement for your review, to be signed by all co-owners within solution_deadline days.
If we are unable to finalize a Buyout Agreement (option #1) or a Voluntary Sale Agreement (option #2) within solution_deadline days, then I will proceed with a partition action as outlined above, as is my clear right under State_Name law.