Common use of Subject to Financing Clause in Contracts

Subject to Financing. The Tenant’s ability to buy the property is dependent on their access to adequate financing within business days (“Financing Period”) of exercising their option to purchase with: (check one) ☐ - Third (3rd) Party Financing ☐ - Seller Financing under the following terms: a.) Loan Amount: $ b.) Down Payment: $ c.) Interest Rate (per annum): %

Subject to Financing. The Tenant’s ability to buy the property is dependent on their access to adequate financing within _____ business days (“Financing Period”) of exercising their option to purchase with: (check one) ☐ - Third (3rd) Party Financing ☐ - Seller Financing under the following terms: a.) Loan Amount: $ b.) $____________________ Down Payment: $ c.) $____________________ Interest Rate (per annum): %____% Term: ____ ☐ Months ☐ Years If the Tenant has not been able to get adequate financing wthin the stipulated Financing Period, the deposit will be refundable.