WAIVER OF SPECIFIC PERFORMANCE REMEDY. As a material part of the consideration to be paid or received by Xxxxx and Seller under the Agreement, Buyer waives all rights to file and maintain an action against Seller for specific performance and to record a Lis Pendens or notice of pendency of action against the Property if a dispute arises concerning the Agreement. Xxxxx agrees that the Property is not unique and in the event of Seller’s default, Buyer can be adequately and fairly compensated solely by receiving a return of Xxxxxxx Money Deposit and cancellation of Buyer’s obligation to purchase the Property. Upon return of the Xxxxxxx Money Deposit to Buyer, the Agreement shall be terminated, and Buyer and Seller irrevocably instruct the Closing Agent to return all funds and documents to the party that deposited them without further direction.
WAIVER OF SPECIFIC PERFORMANCE REMEDY. As a material part of the consideration to be received by Seller under this Agreement, Buyer waives all rights to file and maintain an action against Seller for specific performance and to record a lis pendens against the Property if a dispute arises concerning this Agreement. Xxxxx agrees that the Property is not unique and that in the event of Seller's default or material breach of the Agreement, Buyer can be adequately and fairly compensated solely by receiving a return of the Deposit. Upon return of the Deposit to Buyer, the Agreement shall be terminated, and Xxxxx and Seller hereby irrevocably instruct Closing Agent to return all funds and documents to the Party that deposited them without further direction. In no event shall Buyer have the right to seek or obtain specific performance or enforcement of this Agreement.
WAIVER OF SPECIFIC PERFORMANCE REMEDY. As a material part of the consideration to be received by Seller under this Agreement, Buyer waives all rights to file and maintain an action against Seller for specific performance and to record a lis pendens, Notice of Pendency of Action or any such similar notice against the property if a dispute arises concerning this Agreement. Buyer agrees that the Property is not unique and that in the event of Seller's default or material breach of the Agreement, Buyer can be adequately and fairly compensated solely by receiving a return of Buyer's Xxxxxxx Money Deposit. Upon return of Buyer's Xxxxxxx Money Deposit, this Agreement shall be terminated, and Buyer and Seller hereby irrevocably instruct Auctioneer to return all other funds and documents to the party that deposited them without further direction. SELLER’S INITIALS / BUYER’S INITIALS /
WAIVER OF SPECIFIC PERFORMANCE REMEDY. As a material part of the consideration to be paid or received by Buyer and Seller under the Agreement, Buyer waives all rights to file and maintain an action against Seller for specific performance and to record a Lis
WAIVER OF SPECIFIC PERFORMANCE REMEDY. As a material part of the consideration to be paid or received by Xxxxx(s) and Seller under this Agreement, Buyer(s) waives all rights to file and maintain an action against Seller for specific performance and to record a Lis Pendens or notice of pendency of action against the Property if a dispute arises concerning this Agreement. Xxxxx(s) agrees that the Property is not unique and in the event of Seller’s default, Buyer(s) can be adequately and fairly compensated solely by receiving a return of Buyer(s) Xxxxxxx Money Deposit and cancellation of Buyer(s) obligation to purchase the Property. Upon return of Buyer(s) Xxxxxxx Money Deposit, this Agreement shall be terminated, and Buyer(s) and Seller irrevocably instruct the Escrow Agent to return all funds and documents to the party that deposited them without further direction.
WAIVER OF SPECIFIC PERFORMANCE REMEDY. As a material part of the consideration to be paid or received by Xxxxx and Seller under this Agreement, Buyer waives all rights to file and maintainan action against Seller for specific performance and to record a Lis Pendens or notice of pendency of action against the Property if a dispute arises concerning this Agreement. Xxxxx agrees that the Property is not unique and in the event of Seller’s default, Buyer can be adequately and fairly compensated solely by receiving a return of Buyer’s Xxxxxxx Money Deposit and cancellation of Buyer’s obligation to purchase the Property. Upon return of Xxxxx’s Xxxxxxx Money Deposit, this Agreement shall be terminated, and Buyer and Seller irrevocably instruct the Escrow Agent to return all funds and documents to the party that deposited them without further direction.
WAIVER OF SPECIFIC PERFORMANCE REMEDY. As a material part of the consideration to be paid or received by Xxxxx and Seller under the Agreement, Buyer waives all rights to file and maintain an action against Seller for specific performance and to record a Lis Pendens or notice of pendency of action against the Property if a dispute arises concerning the Agreement. Xxxxx agrees that the Property is not unique and in the event of Seller’s default, Buyer can be adequately and fairly compensated solely by receiving a return of Xxxxxxx Money Deposit and cancellation of Buyer’s obligation to purchase the Property. Upon return of the Xxxxxxx Money Deposit to Buyer, the Agreement shall be terminated, and Buyer and Seller irrevocably instruct the Closing Agent to return all funds and documents to the party that deposited them without further direction. COUNTY-SPECIFIC REQUIREMENTS. Seller hereby certifies that prior to entering into this Agreement Seller has provided the required Notices and Disclosures of the county and/or city in which the Property is located to Buyer. Buyer hereby acknowledges and agrees that prior to entering into this Agreement Xxxxx has received from Seller all required Notices and Disclosures of the county and/or city in which the Property is located. XXXX XXXXXXX COUNTY ENVIRONMENTAL ENFORCEMENT ACTION NOTICE: In the event Xxxx Arundel County or the State of Maryland has initiated enforcement action for a violation of a local law described in Md. Code, Courts & Jud. Proceedings § 5-106(aa)(1) (relating to an offense that: (i) occurs in the Chesapeake Bay Critical Area, as defined in Md. Code, Natural Resources § 8-1807; and (ii) Is a violation of a local law that relates to environmental protection or natural resource conservation, including a local law regulating: (a) Grading; (b) Sediment control; (c) Storm water management; (d) Zoning; (e) Construction; or (f) Health and public safety), Md. Code, Real Prop. § 14-117(l) requires the following to be disclosed:
WAIVER OF SPECIFIC PERFORMANCE REMEDY. As a material part of the consideration to be paid or received by Xxxxx and Seller under the Agreement, Buyer waives all rights to file and maintain an action against Seller for specific performance and to record a Lis Pendens or notice of pendency of action against the Property if a dispute arises concerning the Agreement. Xxxxx agrees that the Property is not unique and ITEM NUMBER _ _ in the event of Seller’s default, Buyer can be adequately and fairly compensated solely by receiving a return of Xxxxxxx Money Deposit and cancellation of Buyer’s obligation to purchase the Property. Upon return of the Xxxxxxx Money Deposit to Buyer, the Agreement shall be terminated, and Buyer and Seller irrevocably instruct the Closing Agent to return all funds and documents to the party that deposited them without further direction. Seller Initials _ Buyer Initials ITEM NUMBER ________________________ Residential Closing Costs Seller Pays Buyer Pays 50% Seller/ 50% Buyer Owner’s Title Insurance Policy (ALTA Standard Coverage)* Title Search Fee* Additional Title Coverage or Endorsements Requested by Xxxxx Lender’s Title Insurance Policy Closing Agent Fees* State and/or Local Transfer Taxes. Paid by Xxxxx except to the extent required to be paid by Seller. Credit Reports, Loan Fees, Loan Points, Reports and Inspections Required by Xxxxx’s Lender, Appraisal Fees, Mortgage Notarization and Recording Fees, and All Other Costs In Connection With Buyer’s Loan Seller’s Loan Prepayment Fees and All Other Costs In Connection With Seller’s Existing Loan Deed Notarization and Recording Fees Real Estate Broker/Agent Commissions HOA/Condominium Association Transfer Fee HOA/Condominium Association Estoppel Fees Any Reports and Inspections Requested by Xxxxx Seller’s Attorney Fees Xxxxx’s Attorney Fees All Other Closing Costs AUCTION ITEM NO. ________________________ ADDENDUM TO PURCHASE AGREEMENT OCCUPIED PROPERTIES That certain purchase and sale agreement (the “Purchase Agreement”), dated as of ___________________, between _______________________________________________________________________________________________________, as Seller, and __________________________________________________________________________________, as Buyer, for the property located at _______________________________________________________________________, is hereby amended as set forth below. Any capitalized terms not otherwise defined herein shall have the meanings as set forth in the Purchase Agreement. I...
WAIVER OF SPECIFIC PERFORMANCE REMEDY. As a material part of the consideration to be paid or received by Seller and Buyer under this Agreement, Buyer waives all rights to file and maintain an action against Seller for specific performance and to record a lis pendens or notice of pendency of action as against the Property if a dispute arises concerning this Agreement. Xxxxx agrees that the Property is not unique and that in the event of Seller’s default or material breach of the Agreement, Buyer can be adequately and fairly compensated solely by receiving a return of the Xxxxxxx Money Deposit. Upon return of the Xxxxxxx Money Deposit, the Agreement shall be terminated, and neither party shall have any further rights or obligations hereunder except with respect to the provisions hereof which specifically survive termination.
WAIVER OF SPECIFIC PERFORMANCE REMEDY. As a material part of the consideration to be paid or received by Xxxxx and Seller under the Agreement, Buyer waives all rights to file and maintain an action against Seller for specific performance and to record a Lis Pendens or notice of pendency of action against the Property if a dispute arises concerning the Agreement. Xxxxx agrees that the Property is not unique and in the event of Seller’s default, Buyer can be adequately and fairly compensated solely by receiving a return of Xxxxxxx Money Deposit and cancellation of Buyer’s obligation to purchase the Property. Upon return of the Xxxxxxx Money Deposit to Buyer, the Agreement shall be terminated, and Buyer and Seller irrevocably instruct the Closing Agent to return all funds and documents to the party that deposited them without further direction. Seller Initials _ Buyer Initials_ _ _ AUCTION ITEM NO. ________________________ ADDENDUM TO PURCHASE AGREEMENT OCCUPIED PROPERTIES That certain purchase and sale agreement (the “Purchase Agreement”), dated as of ___________________, between _______________________________________________________________________________________________________, as Seller, and __________________________________________________________________________________, as Buyer, for the property located at _______________________________________________________________________, is hereby amended as set forth below. Any capitalized terms not otherwise defined herein shall have the meanings as set forth in the Purchase Agreement. If there is a conflict between the Purchase Agreement and the terms and provisions of this Addendum, the terms and provisions of this Addendum shall control.
