Common use of GOOD FUNDS AT CLOSING Clause in Contracts

GOOD FUNDS AT CLOSING. The Purchaser will be required to have cashier’s check or certified funds when completing this transaction. MEDIATION/ARBITRATION CLAUSE: Any dispute or claim arising out of or relating to this Agreement, the breach of this Agreement or services provided in relation to this Agreement, shall be submitted to mediation in accordance with the Rules and Procedures of the Dispute Resolution System of the NATIONAL ASSOCIATION OF REALTORS. Disputes shall include representations made by Owner or Broker in connection with the services to which this Agreement pertains, including without limitation, allegations of concealment, misrepresentation, negligence and/or fraud. Any agreement signed by the parties pursuant to the mediation conference shall be binding. This Mediation clause shall survive for a period of 120 days after the date of the closing. On the 121st day all disputes shall be subject to Chapter 48 Uniform Arbitration Act Code of Laws of South Carolina 1976.