Common use of NO CONTINGENCY FOR BUYER TO OBTAIN Clause in Contracts

NO CONTINGENCY FOR BUYER TO OBTAIN. FINANCING. The residue of the purchase price shall be payable as follows: Cash at Settlement on or before January 30, 2018. If closing does not occur on or before January 30, 2018, Buyer shall be in default. Seller may, in its sole discretion, permit closing after this date, and, in such case, shall charge the Buyer interest at the rate of 12% per annum of the total purchase price which shall be due and payable at closing. The Seller agrees to convey the said Property with a Special Warranty Deed, same to be prepared at the expense of the Seller and the cost of North Carolina Grantor’s tax shall be borne by the Seller. It is agreed that the Property is being sold as is. It is agreed that the Property is to be conveyed subject to any recorded conditions, easements and restrictions.

Appears in 2 contracts

Samples: Auction Real Estate Purchase Agreement, Auction Real Estate Purchase Agreement

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NO CONTINGENCY FOR BUYER TO OBTAIN. FINANCING. The residue of the purchase price shall be payable as follows: Cash at Settlement on or before January 30October 16, 20182023. If closing does not occur on or before January 30October 16, 20182023, Buyer shall be in default. Seller may, in its sole discretion, permit closing after this date, and, in such case, shall charge the Buyer interest at the rate of 12% per annum of the total purchase price which shall be due and payable at closing. The Seller agrees to convey the said Property with a General (Xxxxx) or Special (Xxxxxx) Warranty Deed, same to be prepared at the expense of the Seller and the cost of North Carolina Grantor’s tax shall be borne by the Seller. It is agreed that the Property is being sold as isconveyed free and clear of all liens and indebtedness. It is agreed that the Property is to be conveyed subject to any recorded conditions, easements and restrictions.. PROPERTY DISCLOSURES:

Appears in 1 contract

Samples: Auction Real Estate Purchase Agreement

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NO CONTINGENCY FOR BUYER TO OBTAIN. FINANCING. The residue of the purchase price shall be payable as follows: Cash at Settlement on or before January 30September 3, 20182019. If closing does not occur on or before January 30September 3, 2018, 2019 Buyer shall be in default. Seller may, in its sole discretion, permit closing after this date, and, in such case, shall charge the Buyer interest at the rate of 12% per annum of the total purchase price which shall be due and payable at closing. The Seller agrees to convey the said Property with a Special General Warranty Deed, same to be prepared at the expense of the Seller and the cost of North Carolina Grantor’s tax shall be borne by the Seller. It is agreed that the Property is being sold as isconveyed free and clear of all liens and indebtedness. It is agreed that the Property is to be conveyed subject to any recorded conditions, easements easements, and restrictions.. Auction Lot 25 Only:

Appears in 1 contract

Samples: Auction Real Estate Purchase Agreement

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