Buyer Default. If Buyer defaults, Seller may elect one of the following remedies: (a) cancel the REPC and retain the ▇▇▇▇▇▇▇ Money Deposit, or Deposits, if applicable, as liquidated damages; (b) maintain the ▇▇▇▇▇▇▇ Money Deposit, or Deposits, if applicable, in trust and ▇▇▇ Buyer to specifically enforce the REPC; or (c) return the ▇▇▇▇▇▇▇ Money Deposit, or Deposits, if applicable, to Buyer and pursue any other remedies available at law.
Appears in 16 contracts
Sources: Real Estate Purchase Contract, Real Estate Purchase Contract, Real Estate Purchase Contract
Buyer Default. If Buyer defaults, Seller may elect one of the following remedies: (a) cancel the REPC and retain the ▇▇▇▇▇▇▇ Money Deposit, or Deposits, if applicable, as liquidated damages; (b) maintain the ▇▇▇▇▇▇▇ Money Deposit, or Deposits, if applicable, in trust and ▇▇▇ sue Buyer to specifically enforce the REPC; or (c) return the ▇▇▇▇▇▇▇ Money Deposit, or Deposits, if applicable, to Buyer and pursue any other remedies available at law.
Appears in 13 contracts
Sources: Real Estate Purchase Contract, Real Estate Purchase Contract, Real Estate Purchase Contract
Buyer Default. If Buyer defaults, Seller may elect one of the following remedies: (a) cancel the REPC and retain the ▇▇▇▇▇▇▇ Money Deposit, or Deposits, if applicable, as liquidated damages; (b) maintain the ▇▇▇▇▇▇▇ Money Deposit, or Deposits, if applicable, in trust and ▇▇▇ Buyer to specifically enforce the REPC; or (c) return the ▇▇▇▇▇▇▇ Money Deposit, or Deposits, if applicable, to Buyer and pursue any other remedies available at law.Money
Appears in 1 contract
Sources: Real Estate Purchase Contract