Common use of REMEDIES OF THE PARTIES Clause in Contracts

REMEDIES OF THE PARTIES. A. If BUYERS fail to timely perform this Agreement all payments made shall be forfeited and this agreement shall no longer be in effect. B. If SELLER fail to timely perform this Agreement, BUYERS have the right to have all payments made returned to them. C. BUYERS and SELLER are also entitled to utilize any and all other remedies or actions at law or in equity available to them and shall be entitled to obtain judgment for costs and attorney fees as permitted by law.

Appears in 4 contracts

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

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REMEDIES OF THE PARTIES. A. If BUYERS fail to timely perform this Agreement all payments made shall be forfeited and this agreement shall no longer be in effect. B. If SELLER fail BUYER fails to timely perform this Agreement, BUYERS have the right to have SELLER may forfeit it as provided by law, and all payments made returned to themshall be forfeited. C. BUYERS B. BUYER and SELLER are also entitled to utilize any and all other remedies or actions at law or in equity available to them and shall be entitled to obtain judgment for costs and attorney fees as permitted by law.

Appears in 1 contract

Samples: Residential Purchase Agreement

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