Common use of XXXXXXX MONEY/DEPOSITS Clause in Contracts

XXXXXXX MONEY/DEPOSITS. Auctioneer or Auctioneer’s authorized closing agent shall deposit and hold all xxxxxxx money and other deposits until sale is closed. If Auctioneer is holding the xxxxxxx money and an accepted offer and agreement to purchase does not close, regardless of the circumstances, both Purchaser and Seller must agree in writing prior to release of xxxxxxx money or in the alternative, pursuant to court order in accordance with SDCL 36-21A-81.

Appears in 2 contracts

Samples: Real Estate Auction Purchase Agreement, Real Estate Auction Purchase Agreement

AutoNDA by SimpleDocs

XXXXXXX MONEY/DEPOSITS. Auctioneer or Auctioneer’s authorized closing agent shall deposit and 82 hold all xxxxxxx money and other deposits until sale is closed. If Auctioneer is holding the xxxxxxx money 83 and an accepted offer and agreement to purchase does not close, regardless of the circumstances, both 84 Purchaser and Seller must agree in writing prior to release of xxxxxxx money or in the alternative, pursuant 85 to court order in accordance with SDCL 36-21A-81.. 86

Appears in 1 contract

Samples: Real Estate Auction Purchase Agreement

AutoNDA by SimpleDocs

XXXXXXX MONEY/DEPOSITS. Auctioneer or Auctioneer’s authorized closing agent shall deposit and 87 hold all xxxxxxx money and other deposits until sale is closed. If Auctioneer is holding the xxxxxxx money 88 and an accepted offer and agreement to purchase does not close, regardless of the circumstances, both 89 Purchaser and Seller must agree in writing prior to release of xxxxxxx money or in the alternative, pursuant 90 to court order in accordance with SDCL 36-21A-81.. 91

Appears in 1 contract

Samples: Estate Auction Purchase Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.