Common use of REMEDIES OF THE PARTIES Clause in Contracts

REMEDIES OF THE PARTIES. A. If BUYERS fail to timely perform this Agreement, SELLERS may forfeit it as provided in the Iowa Code (Chapter 656), and all payments made shall be forfeited; or, at SELLERS' option, upon thirty days written notice of intention to accelerate the payment of the entire balance because of BUYERS' default (during which thirty days the default is not corrected), SELLERS may declare the entire balance immediately due and payable. Thereafter this Agreement may be foreclosed in equity and the Court may appoint a receiver. B. If SELLERS fail to timely perform this Agreement, BUYERS have the right to have all payments made returned to them. C. BUYERS and SELLERS are also entitled to utilize any and all other remedies or actions at law or in equity available to them, and the prevailing parties shall be entitled to obtain judgment for costs and attorney fees.

Appears in 10 contracts

Samples: Offer to Buy Real Estate, Offer to Buy Real Estate and Acceptance, Offer to Buy Real Estate

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REMEDIES OF THE PARTIES. A. If BUYERS fail to timely perform this Agreement, SELLERS may forfeit it as provided in the Iowa Code (Chapter 656), and all payments made shall be forfeited; or, at SELLERS' option, upon thirty days written notice of intention to accelerate the payment of the entire balance because of BUYERS' default (during which thirty days the default is not corrected), SELLERS may declare the entire balance immediately due and payable. Thereafter this Agreement agreement may be foreclosed in equity and the Court may appoint a receiver. B. If SELLERS fail to timely perform this Agreement, BUYERS have the right to have all payments made returned to them. C. BUYERS and SELLERS are also entitled to utilize any and all other remedies or actions at law or in equity available to them, them and the prevailing parties shall be entitled to obtain judgment for costs and attorney feesfees as permitted by law.

Appears in 8 contracts

Samples: Residential Purchase Agreement, Residential Purchase Agreement, Residential Purchase Agreement

REMEDIES OF THE PARTIES. A. If BUYERS fail BUYER fails to timely perform this Agreement, SELLERS SELLER may forfeit it as provided in the Iowa Code (Chapter 656), and all payments made shall be forfeited; or, at SELLERS' SELLER'S option, upon thirty days written notice of intention to accelerate the payment of the entire balance because of BUYERS' BUYER'S default (during which thirty days the default is not corrected), SELLERS SELLER may declare the entire balance immediately due and payable. Thereafter this Agreement may be foreclosed in equity and the Court may appoint a receiver. B. If SELLERS fail SELLER fails to timely perform this Agreement, BUYERS have BUYER has the right to have all payments made returned to them. C. BUYERS BUYER and SELLERS SELLER are also entitled to utilize any and all other remedies or actions at law or in equity available to them, and the prevailing parties shall be entitled to obtain judgment for costs and attorney fees.

Appears in 6 contracts

Samples: Offer to Buy Real Estate, Offer to Buy Real Estate, Offer to Buy Real Estate

REMEDIES OF THE PARTIES. A. If BUYERS fail to timely perform this Agreement, SELLERS may forfeit it as provided in the Iowa Code (Chapter 656), and all payments made shall be forfeited; or, at SELLERS' option, upon thirty days written notice of intention to accelerate the payment of the entire balance because of BUYERS' default (during which thirty days the default is not corrected), SELLERS XXXXXXX may declare the entire balance immediately due and payable. Thereafter this Agreement may be foreclosed in equity and the Court may appoint a receiver. B. If SELLERS XXXXXXX fail to timely perform this Agreement, BUYERS have the right to have all payments made returned to them. C. BUYERS and SELLERS are also entitled to utilize any and all other remedies or actions at law or in equity available to them, and the prevailing parties shall be entitled to obtain judgment for costs and attorney fees.

Appears in 5 contracts

Samples: Offer to Buy Real Estate, Offer to Buy Real Estate, Offer to Buy Real Estate

REMEDIES OF THE PARTIES. A. If BUYERS fail to timely perform this Agreement, SELLERS may forfeit it as provided in the Iowa Code (Chapter 656), and all payments made shall be forfeited; or, at SELLERS' option, upon thirty days written notice of intention to accelerate the payment of the entire balance because of BUYERS' default (during which thirty days the default is not corrected), SELLERS XXXXXXX may declare the entire balance immediately due and payable. Thereafter this Agreement may be foreclosed in equity and the Court may appoint a receiver. B. If SELLERS fail to timely perform this Agreement, BUYERS have the right to have all payments made returned to them. C. BUYERS and SELLERS are also entitled to utilize any and all other remedies or actions at law or in equity available to them, and the prevailing parties shall be entitled to obtain judgment for costs and attorney fees.

Appears in 4 contracts

Samples: Offer to Buy Real Estate, Offer to Buy Real Estate, Offer to Buy Real Estate

REMEDIES OF THE PARTIES. A. If BUYERS fail to timely perform this Agreement, SELLERS may forfeit it as provided in the Iowa Code (Chapter 656), and all payments made shall be forfeited; or, at SELLERS' option, upon thirty days written notice of intention to accelerate the payment of the entire balance because of BUYERS' default (during which thirty days the default is not corrected), SELLERS XXXXXXX may declare the entire balance immediately due and payable. Thereafter this Agreement agreement may be foreclosed in equity and the Court may appoint a receiver. B. If SELLERS XXXXXXX fail to timely perform this Agreement, BUYERS have the right to have all payments made returned to them. C. BUYERS and SELLERS are also entitled to utilize any and all other remedies or actions at law or in equity available to them, them and the prevailing parties shall be entitled to obtain judgment for costs and attorney feesfees as permitted by law.

Appears in 4 contracts

Samples: Residential Purchase Agreement, Real Estate Purchase Agreement, Residential Purchase Agreement

REMEDIES OF THE PARTIES. A. If BUYERS fail to timely perform this Agreement, SELLERS may forfeit it as provided in the Iowa Code (Chapter 656), and all payments made shall be forfeited; or, at SELLERS' option, upon thirty days (30) days’ written notice of intention to accelerate the payment of the entire balance because of BUYERS' default (during which thirty days the default is not corrected), SELLERS may declare the entire balance immediately due and payable. Thereafter this Agreement may be foreclosed in equity and the Court may appoint a receiver. B. If SELLERS fail to timely perform this Agreement, Agreement BUYERS have the right to have all payments made returned to them. C. BUYERS and SELLERS are also entitled to utilize any and all other remedies or actions at law or in equity available to them, and the prevailing parties shall be entitled to obtain judgment for costs and attorney fees.

Appears in 3 contracts

Samples: Offer to Buy Real Estate, Offer to Buy Real Estate, Offer to Buy Real Estate

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REMEDIES OF THE PARTIES. A. a. If BUYERS fail to timely perform this Agreement, SELLERS may forfeit it as provided in the Iowa Code (Chapter 656), and all payments made shall be forfeited; or, at SELLERS' option, upon thirty days written notice of intention to accelerate the payment of the entire balance because of BUYERS' default (during which thirty days the default is not corrected), SELLERS XXXXXXX may declare the entire balance immediately due and payable. Thereafter this Agreement agreement may be foreclosed in equity and the Court may appoint a receiver. B. b. If SELLERS XXXXXXX fail to timely perform this Agreement, BUYERS have the right to have all payments made returned to them. C. c. BUYERS and SELLERS are also entitled to utilize any and all other remedies or actions at law or in equity available to them, them and the prevailing parties shall be entitled to obtain judgment for costs and attorney feesfees as permitted by law.

Appears in 3 contracts

Samples: Purchase Agreement, Purchase Agreement, Purchase Agreement

REMEDIES OF THE PARTIES. A. If BUYERS fail to timely perform this Agreement, SELLERS may forfeit it as provided in the Iowa Code (Chapter 656), and all payments made shall be forfeited; or, at SELLERS' option, upon thirty days written notice of intention to accelerate the payment of the entire balance because of BUYERS' default (during which thirty days the default is not corrected), SELLERS may declare the entire balance immediately due and payable. Thereafter this Agreement may be foreclosed in equity and the Court may appoint a receiver. B. If SELLERS fail to timely perform this Agreement, BUYERS have the right to have all payments made returned to them. C. BUYERS and SELLERS are also entitled to utilize any and all other remedies or actions at law or in equity available to them, and the prevailing parties shall be entitled to obtain judgment for costs and attorney fees.

Appears in 1 contract

Samples: Offer to Buy Real Estate

REMEDIES OF THE PARTIES. A. If BUYERS fail to timely perform this Agreement, SELLERS SELLER may forfeit it as provided in the Iowa Code (Chapter 656), and all payments made shall be forfeited; or, at SELLERS' SELLER’S option, upon thirty days written notice of intention to accelerate the payment of the entire balance because of BUYERS' default (during which thirty days the default is not corrected), SELLERS may declare the entire balance immediately due and payable. Thereafter this Agreement agreement may be foreclosed in equity and the Court may appoint a receiver. B. If SELLERS fail SELLER fails to timely perform this Agreement, BUYERS have the right to have all payments made returned to them. C. BUYERS and SELLERS SELLER are also entitled to utilize any and all other remedies or actions at law or in equity available to them, them and the prevailing parties shall be entitled to obtain judgment for costs and attorney feesfees as permitted by law.

Appears in 1 contract

Samples: Exclusive Right to Sell Agreement

REMEDIES OF THE PARTIES. A. If BUYERS fail to timely perform this Agreement, SELLERS may forfeit it as provided in the Iowa Code (Chapter 656), and all payments made shall be forfeited; or, at SELLERS' option, upon thirty days written notice of intention to accelerate the payment of the entire balance because of BUYERS' default (during which thirty days the default is not corrected), SELLERS XXXXXXX may declare the entire balance immediately due and payable. Thereafter this Agreement may be foreclosed in equity and the Court may appoint a receiver. B. . If SELLERS XXXXXXX fail to timely perform this Agreement, BUYERS have the right to have all payments made returned to them. C. . BUYERS and SELLERS are also entitled to utilize any and all other remedies or actions at law or in equity available to them, and the prevailing parties shall be entitled to obtain judgment for costs and attorney fees.

Appears in 1 contract

Samples: Offer to Buy Real Estate

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