Resumption of Agency Status. In the event that the Designated Agent defaults to a Facilitator status, this Facilitator status will only be temporary. The Facilitator status will only last until any transaction or contemplated transaction in which the parties are all assisted by the same Facilitator is resolved (either because the transaction is closed or contemplated transaction between these parties is terminated and no further negotiations occur between the parties). At that time, the agent will immediately revert to Designated Agency status for the Seller.
Resumption of Agency Status. In the event that the Designated Agent defaults to a Facilitator status, this Facilitator status will only be temporary. The Facilitator status will only last until any transaction or contemplated transaction in which the parties are all assisted by the same Facilitator is resolved (either because the transaction is closed or the transaction or contemplated transaction between these parties is terminated or not accepted and no further negotiations occur between the parties). At that time, the agent will immediately revert to Designated Agency status for the Seller again. XXXXXXX MONEY/TRUST MONEY. Broker is authorized to accept from Buyer a deposit as xxxxxxx money/trust money to be applied to the purchase price for the Property. Such deposit is to be held by Broker in an escrow or trustee account or forwarded to party authorized to hold said funds as set forth in an executed contract for the purchase, lease, exchange, or option agreement until disbursed in accordance with the terms of said agreement.
Resumption of Agency Status. In the event that Broker and Listing Licensee default to a Facilitator status, this 275 Facilitator status will shall only be temporary. The Facilitator status will shall only last until any transaction or 276 contemplated transaction in which the parties are all represented by the Facilitator is resolved (either because the 277 transaction is closed or contemplated transaction between the parties is terminated or not accepted and no further 278 negotiations occur between the parties). At that time, the Broker and Listing Licensee shall immediately revert 279 back to their status as Agent for the Seller.
Resumption of Agency Status. In the event that the Designated Agent defaults to a Facilitator status, this 162 Facilitator status will only be temporary. The Facilitator status will only last until any transaction or 163 contemplated transaction in which the parties are all assisted by the same Facilitator is resolved (either because 164 the transaction is closed or the transaction or contemplated transaction is terminated or not accepted and no 165 further negotiations occur between the parties). At that time, the Agent will immediately revert back to 166 Designated Agency status for the Buyer. 167 5. CONFIDENTIALITY. 168 Information which the Buyer authorizes Broker and his affiliated Licensees to disclose which might otherwise be 169 confidential: 170 171 6. XXXXXXX MONEY/TRUST MONEY. 172 Broker is authorized to accept a deposit of xxxxxxx money/trust money to be applied to the purchase price for a property. 173 Such deposit is to be held by Broker in an escrow or trustee account or forwarded to party authorized to hold said funds 174 as set forth in an executed contract for purchase, lease, exchange or option agreement until disbursed in accordance with 175 the terms of said agreement.
