Common use of Remedies of Seller Clause in Contracts

Remedies of Seller. If BUYER fails to pay the Purchase Price in full within the time set forth and/or fails to comply with any of the provisions of the Agreement, SELLER, in addition to all other remedies allowed by law or equity, may retain the full deposit as damages. In addition, the Real Estate may be resold in any manner to any party and any deficiency, together with all expenses and costs of resale (including attorney’s fees) will be paid by the defaulting BUYER. If the BUYER defaults under this Agreement, in addition to other remedies, the Seller shall have the right to assign the BUYER'S rights under this Agreement to SELLER or a third party.

Appears in 4 contracts

Samples: Purchase & Sale Agreement, Purchase & Sale Agreement, Purchase & Sale Agreement

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Remedies of Seller. If BUYER fails to pay the Purchase Price in full within the time set forth and/or fails to comply with any of the provisions of the Agreement, SELLER, in addition to all other remedies allowed by law or equity, may retain the full deposit as damages. In addition, the Real Estate and Personal Property may be resold in any manner to any party and any deficiency, together with all expenses and costs of resale (including attorney’s fees) will be paid by the defaulting BUYER. If the BUYER defaults under this Agreement, in addition to other remedies, the Seller shall have the right to assign the BUYER'S rights under this Agreement to SELLER or a third party.

Appears in 2 contracts

Samples: Purchase & Sale Agreement, Purchase & Sale Agreement

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