Common use of Appraisal Contingency Clause in Contracts

Appraisal Contingency. Xxxxx's obligation to close this transaction is contingent upon Real Estate appraising at or above 62 final sales price of the Real Estate. Buyer has the right to obtain, at Xxxxx’s expense, an independent appraisal performed by an appraiser 63 licensed in Ohio. In the event the Real Estate does not obtain an appraised value (by either Xxxxx’s or Xxxxxx’s appraiser) equal to or 64 greater than the Purchase Price, Buyer shall have the right to terminate this Contract by delivering written notice to Seller on or before the 65 expiration of (i) the time-frame set forth in Section 3 above for obtaining an appraisal in connection with a cash sale or (ii) the time-frame 66 set forth in Section 3 above for obtaining a loan approval (such applicable time period being referred to as the "Appraisal Contingency 67 Period"). If Xxxxx does not deliver written notice to Seller that Buyer is terminating the Contract prior to the expiration of the Appraisal 68 Contingency Period, then Xxxxx’s right to terminate this Contract due to appraised value shall be deemed waived.

Appraisal Contingency. Xxxxx's obligation to close this transaction is contingent upon Real Estate appraising at or above 62 60 final sales price of the Real Estate. Buyer has the right to obtain, at Xxxxx’s its expense, an independent appraisal performed by an appraiser 63 61 licensed in Ohio. In the event the Real Estate does not obtain an appraised value (by either Xxxxx’s or Xxxxxx’s appraiser) equal to or 64 62 greater than the Purchase Price, Buyer shall have the right to terminate this Contract by delivering written notice to Seller on or before the 65 63 expiration of (i) the time-frame set forth in Section 3 above for obtaining an appraisal in connection with a cash sale or (ii) the time-frame 66 64 set forth in Section 3 above for obtaining a loan approval (such applicable time period being referred to as the "Appraisal Contingency 67 65 Period"). If Xxxxx does not deliver written notice to Seller that Buyer is terminating the Contract prior to the expiration of the Appraisal 68 66 Contingency Period, then Xxxxx’s right to terminate this Contract due to appraised value shall be deemed waived.

Appraisal Contingency. Xxxxx's obligation to close this transaction is contingent upon Real Estate appraising at or above 62 51 final sales price of the Real Estate. Buyer has the right to obtain, at Xxxxx’s expense, an independent appraisal performed by an appraiser 63 52 licensed in Ohio. In the event the Real Estate does not obtain an appraised value (by either Xxxxx’s or Xxxxxx’s appraiser) equal to or 64 53 greater than the Purchase Price, Buyer shall have the right to terminate this Contract by delivering written notice to Seller on or before the 65 54 expiration of (i) the time-frame set forth in Section 3 above for obtaining an appraisal in connection with a cash sale or (ii) the time-frame 66 55 set forth in Section 3 above for obtaining a loan approval (such applicable time period being referred to as the "Appraisal Contingency 67 56 Period"). If Xxxxx does not deliver written notice to Seller that Buyer is terminating the Contract prior to the expiration of the Appraisal 68 57 Contingency Period, then Xxxxx’s right to terminate this Contract due to appraised value shall be deemed waived.

Appraisal Contingency. Xxxxx's obligation to close this transaction is contingent upon Real Estate appraising at or above 62 61 final sales price of the Real Estate. Buyer has the right to obtain, at Xxxxx’s expense, an independent appraisal performed by an appraiser 63 62 licensed in Ohio. In the event the Real Estate does not obtain an appraised value (by either Xxxxx’s or Xxxxxx’s appraiser) equal to or 64 greater 63 than the Purchase Price, Buyer shall have the right to terminate this Contract by delivering written notice to Seller on or before the 65 expiration 64 of (i) the time-frame set forth in Section 3 above for obtaining an appraisal in connection with a cash sale or (ii) the time-frame 66 set forth in 65 Section 3 above for obtaining a loan approval (such applicable time period being referred to as the "Appraisal Contingency 67 Period"). If Xxxxx 66 Buyer does not deliver written notice to Seller that Buyer is terminating the Contract prior to the expiration of the Appraisal 68 Contingency Period, then Xxxxx’s right to terminate this Contract due to appraised value shall be deemed waived.Contingency

Appraisal Contingency. Xxxxx's obligation to close this transaction is contingent upon Real Estate appraising at or above 62 67 final sales price of the Real Estate. Buyer has the right to obtain, at Xxxxx’s expense, an independent appraisal performed by an appraiser 63 68 licensed in Ohio. In the event the Real Estate does not obtain an appraised value (by either Xxxxx’s or Xxxxxx’s appraiser) equal to or 64 greater 69 than the Purchase Price, Buyer shall have the right to terminate this Contract by delivering written notice to Seller on or before the 65 expiration 70 of (i) the time-frame set forth in Section 3 above for obtaining an appraisal in connection with a cash sale or (ii) the time-frame 66 set forth in 71 Section 3 above for obtaining a loan approval (such applicable time period being referred to as the "Appraisal Contingency 67 Period"). If Xxxxx 72 Buyer does not deliver written notice to Seller that Buyer is terminating the Contract prior to the expiration of the Appraisal 68 Contingency 73 Period, then Xxxxx’s right to terminate this Contract due to appraised value shall be deemed waived. Seller shall have ALL utilities 74 servicing the Real Estate on during the appraisal inspection.