Common use of AMENDATORY CLAUSE Clause in Contracts

AMENDATORY CLAUSE. It is expressly agreed that, notwithstanding any other provisions of this Agreement, Buyer shall not be obligated to complete the purchase of Property described herein or to incur any penalty by forfeiture of ▇▇▇▇▇▇▇ money deposits or otherwise unless Buyer has been given in accordance with HUD/FHA requirements a written statement by the Federal Housing Commissioner or a Direct Endorsement lender setting forth the appraised value of Property of not less than $_PURCHASE PRICE . Buyer shall have the privilege and option of proceeding with consummation of the contract without regard to the amount of the appraised valuation. The appraised valuation is arrived at to determine the maximum mortgage the Department of Housing and Urban Development will insure. HUD does not warrant the value or condition of the property. The purchaser should satisfy himself/herself that the price and condition of the property are acceptable.

AMENDATORY CLAUSE. It is expressly agreed that, that notwithstanding any other provisions of this Agreementcontract, Buyer buyer shall not be obligated to complete the purchase of Property property described herein or to incur any penalty by forfeiture of ▇▇▇▇▇▇▇ money deposits or otherwise unless the Buyer has been given given, in accordance with HUD/FHA requirements or VA requirements, a written statement by the Federal Housing Commissioner Commissioner, Department of Veteran’s Affairs, or a Direct Endorsement lender setting forth the appraised value of Property the property of not less than $_PURCHASE PRICE $ . Buyer shall have the privilege and option of proceeding with consummation of the contract without regard to the amount of the appraised valuation. The appraised Appraised valuation is arrived at to determine the maximum mortgage the Department of Housing and Urban Development will insure. HUD does not warrant the value or nor condition of the property. The purchaser Buyer should satisfy himself/herself themselves that the price and condition of the subject property are acceptable.

AMENDATORY CLAUSE. It is expressly agreed that, notwithstanding any other provisions of this Agreement, Buyer shall not be obligated to complete the purchase of Property described herein or to incur any penalty by forfeiture of ▇▇▇▇▇▇▇ money deposits or otherwise unless Buyer has been given in accordance with HUD/FHA requirements a written statement by the Federal Housing Commissioner or a Direct Endorsement lender setting forth the appraised value of Property of not less than $_PURCHASE PRICE $ . Buyer shall have the privilege and option of proceeding with consummation of the contract without regard to the amount of the appraised valuation. The appraised valuation is arrived at to determine the maximum mortgage the Department of Housing and Urban Development will insure. HUD does not warrant the value or condition of the property. The purchaser should satisfy himself/herself that the price and condition of the property are acceptable.. __________ 🞏

AMENDATORY CLAUSE. It is expressly agreed that, that notwithstanding any other provisions of this Agreementcontract, Buyer buyer shall not be obligated to complete the purchase of Property property described herein or to incur any penalty by forfeiture of ▇▇▇▇▇▇▇ money deposits or otherwise unless the Buyer has been given given, in accordance with HUD/FHA requirements or VA requirements, a written statement by the Federal Housing Commissioner Commissioner, Department of Veteran’s Affairs, or a Direct Endorsement lender setting forth the appraised value of Property the property of not less than $_PURCHASE PRICE $ . Buyer shall have the privilege and option of proceeding with consummation of the contract without regard to the amount of the appraised valuation. The appraised Appraised valuation is arrived at to determine the maximum mortgage the Department of Housing and Urban Development will insure. HUD does not warrant the value or nor condition of the property. The purchaser ▇▇▇▇▇ should satisfy himself/herself that the price and condition of the subject property are acceptable.

AMENDATORY CLAUSE. It is expressly agreed that, that notwithstanding any other provisions of this Agreementcontract, Buyer the Purchaser shall not be obligated to complete the purchase of Property the property described herein or to incur any penalty by forfeiture of ▇▇▇▇▇▇▇ money deposits or otherwise unless Buyer the purchaser has been given in accordance with HUD/FHA or VA requirements a written statement by the Federal Housing Commissioner Commissioner, Veterans Administration, or a Direct Endorsement lender setting forth the appraised value of Property the property of not less than $_PURCHASE PRICE $ . Buyer The purchaser shall have the privilege and option of proceeding with the consummation of the contract without regard to the amount of the appraised valuation. The appraised valuation is arrived at to determine the maximum mortgage the Department Dept. of Housing and Urban Development will insure. HUD does not warrant the value or nor the condition of the property. The purchaser Purchaser should satisfy himself/herself that the price and condition of the property are acceptable.