Common use of Status of Short Sale Approval Application Clause in Contracts

Status of Short Sale Approval Application. Seller hereby authorizes Xxxxxx’s Lender to provide Xxxxx and Xxxxx’s Broker and Closing Agent with information stating the status of Seller’s application for approval of a Short Sale and notice of the approval(s) or denial(s) of such application(s). Seller shall promptly notify Buyer when Seller obtains Short Sale Approval as provided in Paragraph 1 above, or denial of such approval from Seller’s Lender.

Appears in 4 contracts

Samples: Residential Contract for Sale and Purchase, Residential Contract for Sale and Purchase, Residential Contract for Sale and Purchase

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Status of Short Sale Approval Application. Seller hereby authorizes Xxxxxx’s 's Lender to provide Xxxxx and Xxxxx’s 's Broker and Closing Agent with information stating the status of Seller’s 's application for approval of a Short Sale and notice of the approval(s) or denial(s) of such application(s). Seller shall promptly notify Buyer when Seller obtains Short Sale Approval as provided in Paragraph 1 above, or denial of such approval from Seller’s 's Lender.

Appears in 1 contract

Samples: Residential Contract for Sale and Purchase

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Status of Short Sale Approval Application. Seller hereby authorizes XxxxxxSeller’s Lender to provide Xxxxx Buyer and XxxxxBuyer’s Broker and Closing Agent with information stating the status of Seller’s ’ s application for approval a pproval of a Short Sale and an d notice of the approval(s) or denial(sde nial(s) of o f such application(sap plication(s). Seller Sell er shall promptly p romptly notify Buyer when Seller wh en Sel ler obtains Short Sale Approval as provided in Paragraph 1 above, or denial of such approval from Seller’s Lender.

Appears in 1 contract

Samples: Transaction Form

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