Common use of Seller’s Reserved Rights Clause in Contracts

Seller’s Reserved Rights. The Seller shall have, and hereby reserves, the right (a) at any time before or after the delivery of the Deed hereunder to raise or lower the price of any or all unsold units in the Condominium except the price for the Unit specified in this Agreement, and (b) at any time to make such changes or modifications in the Condominium Documents, including any rules and regulations promulgated pursuant to and any exhibits attached to any of the above, as the Seller shall deem necessary in order to meet requirements of applicable laws, governmental regulations, lending institutions or marketing considerations, provided, however, that no such change or modification shall change the Unit’s percentage interest in the Common Areas and Facilities, or materially alter the size, layout, location or features of the Unit specified in this Agreement. The Seller further reserves the right to maintain a sales office and/or model space at the Property, to erect and maintain signs and other advertising and selling devices, to enter unsold units in the Condominium in order to show them to potential Buyers and to undertake all usual and customary sales action, all as more particularly set forth in the Master Deed.

Appears in 6 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement

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