Seller Concession Clause Samples
A Seller Concession clause defines the terms under which the seller agrees to cover certain costs or provide financial incentives to the buyer as part of a transaction. Typically, this may involve the seller paying for a portion of the buyer’s closing costs, offering credits for repairs, or reducing the purchase price to offset specific expenses. The core function of this clause is to facilitate the completion of a sale by making the transaction more affordable or attractive to the buyer, thereby addressing potential financial barriers and helping both parties reach an agreement.
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Seller Concession. At Closing, Seller will credit to Buyer $ (Seller Concession). The Seller 98 Concession may be used for any Buyer fee, cost, charge or expenditure to the extent the amount is allowed by the Buyer’s lender 99 and is included in the Closing Statement or Closing Disclosure at Closing. Examples of allowable items to be paid for by the Seller 100 Concession include, but are not limited to: Buyer’s closing costs, loan discount points, loan origination fees, prepaid items and any 101 other fee, cost, charge, expense or expenditure. Seller Concession is in addition to any sum Seller has agreed to pay or credit ▇▇▇▇▇ 102 elsewhere in this Contract.
Seller Concession. Seller, at Closing, will credit, as directed by Buyer, an amount of $ to assist 96 with any and all of the following: Buyer’s closing costs, (Seller Concession). Seller Concession is in addition to any sum Seller has 97 agreed to pay or credit Buyer elsewhere in this Contract. Seller Concession will be reduced to the extent it exceeds the aggregate 98 of what is allowed by Buyer’s lender as set forth in the Closing Statement, Closing Disclosure or HUD-1, at Closing.
Seller Concession. Seller, at Closing, will credit, as directed by Buyer, an amount of $ to assist 99 with any or all of the following: Buyer’s closing costs, loan discount points, loan origination fees, prepaid items (including any 100 amounts that Seller agrees to pay because Buyer is not allowed to pay due to FHA, CHFA, VA, etc.), and any other fee, cost, 101 charge, expense or expenditure related to Buyer’s New Loan or other allowable Seller concession (collectively, Seller 102 Concession). Seller Concession is in addition to any sum Seller has agreed to pay or credit Buyer elsewhere in this Contract. Seller 103 Concession will be reduced to the extent it exceeds the aggregate of what is allowed by Buyer’s lender as set forth in the Closing 104 Statement, Closing Disclosure or HUD-1, at Closing.
Seller Concession. Seller, at Closing, shall pay or credit, as directed by ▇▇▇▇▇, a total amount of $ to assist with 101 Buyer’s closing costs, loan discount points, loan origination fees, prepaid items (including any amounts that Seller agrees to pay because ▇▇▇▇▇ is 102 not allowed to pay due to FHA, CHFA, VA, etc.), and any other fee, cost, charge, expense or expenditure related to Buyer’s New Loan or other 103 allowable Seller concession (collectively, Seller Concession). The Seller Concession is in addition to any sum Seller has agreed to pay or credit 104 Buyer elsewhere in this Contract. If the amount of Seller Concession exceeds the aggregate of what is allowed, Seller shall not pay or be charged 105 such excess amount.
Seller Concession. At Closing, Seller will credit to Buyer $ (Seller Concession). The Seller Concession may be used for any Buyer fee, charge or expenditure to the extent the amount is allowed by the Buyer’s lender and is included in the Closing Statement or Closing Disclosure, at Closing. Examples of allowable items to be paid for by the Seller Concession include, but are not limited to: Buyer's closing costs, loan discount points, loan origination fees, prepaid items and any other fee, cost, charge, expense or expenditure. Seller Concession is in addition to any sum Seller has agreed to pay or credit Buyer elsewhere in this Contract.
Seller Concession. At Closing, Seller will credit to Buyer $
Seller Concession. At Closing, Seller will credit to Buyer $20,000 (Seller Concession). The Seller Concession may 115 be used for any Buyer fee, cost, charge or expenditure to the extent the amount is allowed by the Buyer’s lender and is included in 116 the Closing Statement or Closing Disclosure, at Closing. Examples of allowable items to be paid for by the Seller Concession 117 include, but are not limited to: Buyer’s closing costs, loan discount points, loan origination fees, prepaid items and any other fee, 118 cost, charge, expense or expenditure. Seller Concession is in addition to any sum Seller has agreed to pay or credit ▇▇▇▇▇ 119 elsewhere in this Contract.
Seller Concession. Seller, at Closing, shall pay or credit, as directed by Buyer, a total amount
Seller Concession. At Closing, Seller will credit to Buyer the amount of all deposits paid to Seller from Buyer under 66 the Heartwood Phase 2 Homebuyers Agreement; and an additional $5,000, which represents the Early Bird Credit identified in the 67 Heartwood Phase 2 Homebuyers Agreement (Seller Concession). The Seller Concession may be used for any Buyer fee, cost, 68 charge or expenditure to the extent the amount is allowed by the Buyer’s lender and is included in the Closing Statement or 69 Closing Disclosure at Closing. Examples of allowable items to be paid for by the Seller Concession include, but are not limited to: 70 Buyer’s closing costs, loan discount points, loan origination fees, prepaid items and any other fee, cost, charge, expense or 71 expenditure. Seller Concession is in addition to any sum Seller has agreed to pay or credit Buyer elsewhere in this Contract. 72 4.3. N/A 73 4.4. Form of Funds; Time of Payment; Available Funds.
Seller Concession. Seller, at Closing, shall credit, as directed by ▇▇▇▇▇, an amount of $ to assist 116 with Buyer’s closing costs, (Seller Concession). Seller Concession is in addition to any sum Seller has agreed to pay or credit 117 Buyer elsewhere in this Contract. Seller Concession shall be reduced to the extent it exceeds the amount allowed by ▇▇▇▇▇’s lender 118 as set forth in the Closing Statement or HUD-1, at Closing. 119 4.5. New Loan.
5.1. Buyer to Pay Loan Costs. Buyer, except as provided in § 4.4, if applicable, shall timely pay Buyer’s loan 121 costs, loan discount points, prepaid items and loan origination fees, as required by lender.