Common use of CONTRACT FOR PURCHASE Clause in Contracts

CONTRACT FOR PURCHASE. After Developer has received all necessary governmental approvals for the specified subdivision and has recorded the final subdivision plat, Developer shall notify Purchaser by certified mail or personal delivery that the lot being reserved under this Agreement is available for purchase. A signature below authorizes Developer, or their agent, to contact purchaser via telephone or facsimile to discuss the purchase of the indicated lot. Within twenty (20) calendar days after Purchaser=s receipt of such notice, Purchaser shall submit to Developer an Offer to Purchase for the subject lot, or, in the alternative, a notice of termination of this reservation pursuant to paragraph 5(A) hereof. Closing shall occur per accepted Offer to Purchase. In the event that Purchaser shall fail to tender such an Offer to Purchase or notice of termination within the required time period, Developer may declare this reservation agreement to be terminated; and in such event, Developer shall return to the Purchaser the deposit.

CONTRACT FOR PURCHASE. After Developer has received all necessary governmental approvals for the specified subdivision development and has recorded the final subdivision condominium plat, Developer shall notify Purchaser by certified mail or personal delivery that the lot unit being reserved under this Agreement is available for purchase. A signature below authorizes Developer, or their agent, to contact purchaser via telephone or facsimile to discuss the purchase of the indicated lotunit. Within twenty (20) calendar days after Purchaser=s receipt of such notice, Purchaser shall submit to Developer an Offer to Purchase for the subject lotunit, or, in the alternative, a notice of termination of this reservation pursuant to paragraph 5(A) hereof. Closing shall occur per accepted Offer to Purchase. In the event that Purchaser shall fail to tender such an Offer to Purchase or notice of termination within the required time period, Developer may declare this reservation agreement to be terminated; and in such event, Developer shall return to the Purchaser the deposit.

CONTRACT FOR PURCHASE. After Developer has received all necessary governmental approvals for the specified subdivision development and has recorded the final subdivision condominium plat, Developer shall notify Purchaser by certified mail or personal delivery that the lot unit being reserved under this Agreement is available for purchase. A signature below authorizes DeveloperXxxxxxxxx, or their agent, to contact purchaser via telephone or facsimile to discuss the purchase of the indicated lotunit. Within twenty (20) calendar days after Purchaser=s receipt of such notice, Purchaser shall submit to Developer an Offer to Purchase for the subject lotunit, or, in the alternative, a notice of termination of this reservation pursuant to paragraph 5(A) hereof. Closing shall occur per accepted Offer to Purchase. In the event that Purchaser shall fail to tender such an Offer to Purchase or notice of termination within the required time period, Developer may declare this reservation agreement to be terminated; and in such event, Developer shall return to the Purchaser the deposit.

CONTRACT FOR PURCHASE. After Developer has received all necessary governmental approvals for the specified subdivision and has recorded the final subdivision plat, Developer shall notify Purchaser by certified mail or personal delivery that the lot being reserved under this Agreement is available for purchase. A signature below authorizes DeveloperXxxxxxxxx, or their agent, to contact purchaser via telephone or facsimile to discuss the purchase of the indicated lot. Within twenty (20) calendar days after Purchaser=s receipt of such notice, Purchaser shall submit to Developer an Offer to Purchase for the subject lot, or, in the alternative, a notice of termination of this reservation pursuant to paragraph 5(A) hereof. Closing shall occur per accepted Offer to Purchase. In the event that Purchaser shall fail to tender such an Offer to Purchase or notice of termination within the required time period, Developer may declare this reservation agreement to be terminated; and in such event, Developer shall return to the Purchaser the deposit.