Execution of Residency Agreement. Resident shall execute this Agreement at the time of Settlement. Failure to execute this Agreement for reasons other than death, illness, injury or incapacity, will result in forfeiture of the Processing Fee and the termination of the Reservation Agreement.
Execution of Residency Agreement. Resident shall execute this Agreement within fifteen (15) days of notification of the commencement of construction. Failure to execute this Agreement within the fifteen (15) day period, for reasons other than death, illness, injury or incapacity, will result in forfeiture of the Processing Fee and the termination of the Reservation Agreement.
