Common use of LENDER REQUIRED REPAIRS Clause in Contracts

LENDER REQUIRED REPAIRS. If Lender requires any repairs to the property as a condition of Xxxxx’s loan approval, and the Seller declines to pay for the required repairs, then the Buyer may cancel this contract and all xxxxxxx money will be refunded upon the execution and delivery of a mutual release. Xxxxxx agrees, if Xxxxx elects to cancel the Contract due to Seller’s election not to pay any repairs required by Xxxxx’s lender and, as a result, Buyer elects to cancel the Contract, to execute a mutual release authorizing the return of the Xxxxxxx Money to Buyer promptly upon receipt of the Notice of Cancelation and mutual release.

LENDER REQUIRED REPAIRS. If the contract is contingent upon Buyer obtaining financing and Lender requires any repairs to the property as a condition of XxxxxBuyer’s loan approval, and the Seller declines to pay for the required repairs, then the Buyer may cancel this contract and all xxxxxxx money will be refunded upon the execution and delivery of a mutual release. Xxxxxx agrees, if Xxxxx If Buyer elects to cancel the Contract due to Seller’s 's election not to pay any repairs required by Xxxxx’s lender andBuyer's lender, as a result, Buyer elects to cancel the Contract, Seller agrees to execute a mutual release authorizing the return of the Xxxxxxx Money to Buyer promptly upon receipt of the Notice of Cancelation and mutual release.

LENDER REQUIRED REPAIRS. If the contract is contingent upon Buyer obtaining financing and Lender requires any repairs to the property as a condition of XxxxxBuyer’s loan approval, and the Seller declines to pay for the required repairs, then the Buyer may cancel this contract and all xxxxxxx money will be refunded upon the execution and delivery of a mutual release. Xxxxxx agrees, if If Xxxxx elects to cancel the Contract due to Seller’s 's election not to pay any repairs required by Xxxxx’s lender and's lender, as a result, Buyer elects to cancel the Contract, Xxxxxx agrees to execute a mutual release authorizing the return of the Xxxxxxx Money to Buyer promptly upon receipt of the Notice of Cancelation and mutual release.to

LENDER REQUIRED REPAIRS. If the contract is contingent upon Buyer obtaining financing and Lender requires any repairs to the property as a condition of XxxxxBuyer’s loan approval, and the Seller declines to pay for the required repairs, then the Buyer may cancel this contract and all xxxxxxx money will be refunded upon the execution and delivery of a mutual release. Xxxxxx agrees, if Xxxxx If Buyer elects to cancel the Contract due to Seller’s 's election not to pay any repairs required by Xxxxx’s lender and's lender, as a result, Buyer elects to cancel the Contract, Xxxxxx agrees to execute a mutual release authorizing the return of the Xxxxxxx Money to Buyer promptly upon receipt of the Notice of Cancelation and mutual release.