Common use of Property Approval Clause in Contracts

Property Approval. Property Approval shall be deemed to have been obtained when the Property has satisfied the Lender’s underwriting requirements for the loan, including but not limited to appraisal, insurability, deed search, material defect(s), or any other due diligence process required by the Lender. The Buyer shall have until ___________________, 20____ to obtain Property Approval from the Lender. If the Buyer does not obtain Property Approval from the Lender, the Agreement will terminate with any xxxxxxx money being refunded to the Buyer.

Property Approval. Property Approval shall be deemed to have been obtained when the Property has satisfied the Lender’s underwriting requirements for the loan, including but not limited to appraisal, insurability, deed search, material defect(s), or any other due diligence process required by the LenderLender (“Property Approval”). The Buyer shall have until ___________________, 20____ to obtain Property Approval from the Lender. If the Buyer does not obtain Property Approval from the Lender, the Agreement will terminate with any xxxxxxx money being refunded to the Buyer.until

Property Approval. Property Approval shall be deemed to have been obtained when the Property has satisfied the Lender’s underwriting requirements for the loan, including but not limited to appraisal, insurability, deed search, material defect(s), or any other due diligence process required by the Lender. The Buyer shall have until ___________________ _, 20____ _ to obtain Property Approval from the Lender. If the Buyer does not obtain Property Approval from the Lender, the Agreement will terminate with any xxxxxxx money being refunded to the Buyer.