CONDOMINIUM ASSOCIATION APPROVAL Sample Clauses

CONDOMINIUM ASSOCIATION APPROVAL. The Association’s approval of Buyer (CHECK ONE) is is not required. If approval is required, this Contract is contingent upon Buyer being approved by the Association no later than days prior to Closing. Within days after Effective Date Seller shall initiate the approval process with the Association and Buyer shall apply for such approval. Buyer and Seller shall sign and deliver any documents required by the Association in order to complete the transfer of the Property and each shall use diligent effort to obtain such approval, including making personal appearances if required. If Buyer is not approved within the stated time period, this Contract will terminate and Buyer shall be refunded the Deposit, thereby releasing Buyer and Seller from all further obligations under this Contract.