Common use of JOINT TENANCY IN PROCEEDS AND IN SECURITY RIGHTS IN REAL ESTATE Clause in Contracts

JOINT TENANCY IN PROCEEDS AND IN SECURITY RIGHTS IN REAL ESTATE. If, and only if, the Seller(s) immediately preceding this offer, hold the title to the above described property in joint tenancy, and such joint tenancy is not later destroyed by operation of law or by acts of the Seller(s) then (1) the proceeds of this sale, and any continuing and/or recaptured rights of Seller(s) in real estate shall be and continue in Seller(s) as joint tenants with rights of survivorship and not as tenants in common; and (2) Buyer(s), in the event of the death of either Seller, agree to pay any balance of the proceeds of this sale to the surviving Seller and to accept deed from such surviving Seller.

JOINT TENANCY IN PROCEEDS AND IN SECURITY RIGHTS IN REAL ESTATE. If, and only if, the Seller(s) ), immediately preceding this offer, hold the title to the above described property in joint tenancy, and such joint tenancy is not later destroyed by operation of law or by acts of the Seller(s) then (1) the proceeds of this sale, and any continuing and/or recaptured rights of Seller(s) in real estate shall be and continue in Seller(s) as joint tenants with rights of survivorship and not as tenants in common; and (2) Buyer(s), in the event of the death of either Seller, agree to pay any balance of the proceeds of this sale to the surviving Seller and to accept deed from such surviving Seller.

JOINT TENANCY IN PROCEEDS AND IN SECURITY RIGHTS IN REAL ESTATE. If, and only if, the Seller(s) Sellers, immediately preceding this offer, hold the title to the above described property in joint tenancy, and such joint tenancy is not later destroyed by operation of law or by acts of the Seller(s) then Sellers (1) then the proceeds of this sale, and any continuing and/or recaptured rights of Seller(s) Sellers in real estate shall be and continue in Seller(s) Sellers as joint tenants with rights of survivorship and not as tenants in common; and (2) Buyer(s)Buyers, in the event of the death of either Seller, agree to pay any balance of the proceeds of this sale to the surviving Seller and to accept deed from such surviving Seller.

JOINT TENANCY IN PROCEEDS AND IN SECURITY RIGHTS IN REAL ESTATE. If, and only if, the Seller(s) Sellers, immediately preceding this offer, hold the title to the above above-described property in joint tenancy, and such joint tenancy is not later destroyed by operation of law or by acts of the Seller(s) then Sellers (1) then the proceeds of this sale, and any continuing and/or recaptured rights of Seller(s) Sellers in real estate shall be and continue in Seller(s) Sellers as joint tenants with rights of survivorship and not as tenants in common; and (2) Buyer(s)Buyers, in the event of the death of either Seller, agree to pay any balance of the proceeds of this sale to the surviving Seller and to accept deed from such surviving Seller.. DRAFT: Non-Executable