Common use of Real Estate Recovery Fund Clause in Contracts

Real Estate Recovery Fund. A Real Estate Recovery Fund exists to reimburse any persons who have obtained a final civil judgment against a Pennsylvania real estate licensee owing to fraud, misrepresentation, or deceit in a real estate transaction and who have been unable to collect the judgment after exhausting all legal and equitable remedies. For complete details about the Fund, call (000) 000-0000.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (American Realty Capital Trust V, Inc.), Agreement of Sale and Purchase of Real Estate (Tasty Baking Co)

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Real Estate Recovery Fund. A Real Estate Recovery Fund exists to reimburse any persons person who have obtained has contained a final civil judgment against a Pennsylvania real estate licensee owing to fraud, misrepresentation, misrepresentation or deceit in a real estate transaction and who have has been unable to collect the judgment after exhausting all legal and equitable remedies. For complete details about the Fund, call (000) 000-0000.

Appears in 1 contract

Samples: Condominium Purchase Agreement

Real Estate Recovery Fund. A Real Estate Recovery Fund ------------------------- exists to reimburse any persons person who have has obtained a final civil judgment against a Pennsylvania real estate licensee owing to fraud, misrepresentation, misrepresentation or deceit in a real estate transaction and who have been unable to collect the judgment after exhausting all legal and equitable remediestransaction. For complete details about the Fund, more information call (000) 000-0000.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (Wells Real Estate Fund Xii Lp)

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Real Estate Recovery Fund. A Real Estate Recovery Fund exists to reimburse any persons person who have obtained has obtain a final civil judgment against a Pennsylvania real estate licensee owing to fraud, misrepresentation, or deceit in a real estate transaction and who have has been unable to collect the judgment after exhausting all legal and equitable equitably remedies. For complete details about the Fund, please call (000) 000-0000.

Appears in 1 contract

Samples: Purchase Agreement (Retail Value Inc.)

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