Common use of Relocation Benefits Clause in Contracts

Relocation Benefits. Seller knows and understands that certain relocation benefits may be available from the Buyer, and Seller cannot be required to convey real property to Buyer unless given the relocation assistance required by the Uniform Relocation Assistance and Real Property Acquisition Policies Act U.S.C. §4621, et seq., if any, and hereby acknowledges that Seller voluntarily enters into this Purchase Agreement, for and in consideration of real property and monies exchanged herein, as full and just compensation, and to waive its right to otherwise have said Property appraised, and furthermore releases Buyer from all claims for relocation benefits pursuant to Minn. Stat. §117.50, et seq., and U.S.C. §4621, et seq. Nonetheless, at Buyer’s option, Seller shall execute a “Waiver of Relocation Benefits” at Closing in a form which meets the requirements of Minn. Stat. §117.521(b).

Appears in 4 contracts

Samples: Purchase Agreement, Purchase Agreement, Purchase Agreement

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Relocation Benefits. Seller knows and understands that certain relocation benefits may be available from the Buyer, and Seller cannot be required to convey real property to Buyer unless given the relocation relocations assistance required by the Uniform Relocation Assistance and Real Property Acquisition Policies Act U.S.C. §4621, et seq., if any, and hereby acknowledges that Seller voluntarily enters into this Purchase Agreement, for and in consideration of real property and monies exchanged herein, as full and just compensation, and to waive its right to otherwise have said Property appraised, and furthermore releases Buyer from all claims for relocation benefits pursuant to Minn. Stat. §117.50, et seq., and U.S.C. §4621, et seq. Nonetheless, at Buyer’s option, Seller shall execute a “Waiver waiver of Relocation Benefitsrelocation benefits” at Closing in a form which meets the requirements of Minn. Stat. §117.521(b).

Appears in 1 contract

Samples: Purchase Agreement

Relocation Benefits. Seller knows and understands that certain relocation benefits may be available from the Buyer, and Seller cannot be required to convey real property to Buyer unless given the relocation assistance required by the Uniform Relocation Assistance and Real Property Acquisition Policies Act U.S.C. §4621, et seq., if any, and hereby acknowledges that Seller voluntarily enters into this Purchase Agreement, for and in consideration of real property and monies exchanged herein, as full and just compensation, and to waive its right to otherwise have said Property appraised, and furthermore releases Buyer from all claims for relocation benefits pursuant to Minn. Stat. §§ 117.50, et seq., and U.S.C. §§ 4621, et seq. Nonetheless, at Buyer’s option, Seller shall execute a Waiver of Relocation Benefits” Benefits instrument at Closing in a form which meets the requirements of Minn. Stat. §§ 117.521(b). This Paragraph shall survive the Closing and shall not be merged into any other document.

Appears in 1 contract

Samples: Purchase Agreement

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Relocation Benefits. Seller knows and understands that certain relocation benefits may be available from the Buyer, and Seller cannot be required to convey the real property to Buyer unless given the relocation assistance required by the Uniform Relocation Assistance and Real Property Acquisition Policies Act Act, U.S.C. §Section 4621, et seq., if any, and hereby acknowledges that Seller voluntarily enters into this Purchase Agreement, for and in consideration of real property and monies exchanged the Purchase Price set forth herein, as full full, complete, and just compensation, compensation and to waive waives its right to otherwise have said Property appraised, and furthermore releases Buyer from all claims for relocation benefits pursuant to Minn. Stat. §§ 117.50, et seq., and U.S.C. §Section 4621, et seq. Nonetheless, at Buyer’s option, Seller shall execute a “Waiver waiver of Relocation Benefitsrelocation benefits” at Closing in a form which meets the requirements of Minn. Stat. §§ 117.521(b).

Appears in 1 contract

Samples: Real Estate Purchase Agreement

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