Common use of Third Party Delays Clause in Contracts

Third Party Delays. Buyer has the right to choose any mortgage company or title company for this transaction; however, if Buyer chooses a title company other than Southland Residential Title or a mortgage company other than a Seller Preferred Lender and the chosen title company causes a delay or the mortgage company cannot fund the loan and complete the transaction on Closing Date, at Seller’s discretion, Seller has the option to terminate this Agreement and the Property shall be re-listed on the market.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement

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Third Party Delays. Buyer has the right to choose any mortgage company or title company for this transaction; however, if Buyer Xxxxx chooses a title company other than Southland Residential Title or a mortgage company other than a Seller Preferred Lender and the chosen title company causes a delay or the mortgage company cannot fund the loan and complete the transaction on Closing Date, at Seller’s discretion, Seller has the option to terminate this Agreement and the Property shall be re-listed on the market.

Appears in 1 contract

Samples: New Construction Purchase and Sale Agreement

Third Party Delays. Buyer has the right to choose any mortgage company or title company for this transaction; however, if Buyer chooses a title company other than Southland Residential Title or a mortgage company other than a Seller Preferred Lender (see a list of Preferred Lenders at Xxxxxxxxxxxxxx.xxx/xxxxxxxxx-xxxxxxx) and the chosen title company causes a delay or the mortgage company cannot fund the loan and complete the transaction on Closing Date, at Seller’s discretion, Seller has the option to terminate not extend this Agreement and the Property shall be re-listed on the market.

Appears in 1 contract

Samples: Purchase and Sale Agreement

Third Party Delays. Buyer has the right to choose any mortgage company or title company for this transaction; however, if Buyer Xxxxx chooses a title company other than Southland Residential Title or a mortgage company other than a Seller Preferred Lender and the chosen title company causes a delay or the mortgage company cannot fund the loan and complete the transaction on Closing Date, at Seller’s discretion, Seller has the option to terminate not extend this Agreement and the Property shall be re-listed on the market.

Appears in 1 contract

Samples: Purchase and Sale Agreement

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Third Party Delays. Buyer has the right to choose any mortgage company or title company for this transaction; however, if Buyer chooses a title company other than Southland Residential Title or a mortgage company other than a Seller Preferred Lender and the chosen title company causes a delay or the mortgage company cannot fund the loan and complete the transaction on Closing Date, at Seller’s discretion, Seller has the option to terminate not extend this Agreement and the Property shall be re-listed on the market.

Appears in 1 contract

Samples: Purchase and Sale Agreement

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