{"component": "definition", "props": {"groups": [{"samples": [{"hash": "gqznLW4T3kq", "uri": "/contracts/gqznLW4T3kq#ability-to-obtain", "label": "Purchase and Sale Agreement", "score": 31.2269588893, "published": true}, {"hash": "81CRFtyRc4t", "uri": "/contracts/81CRFtyRc4t#ability-to-obtain", "label": "New Construction Purchase and Sale Agreement", "score": 30.9590690099, "published": true}, {"hash": "cmXWQ77qPEo", "uri": "/contracts/cmXWQ77qPEo#ability-to-obtain", "label": "Purchase and Sale Agreement", "score": 29.2425880785, "published": true}], "snippet_links": [{"key": "to-receive", "type": "definition", "offset": [45, 55]}, {"key": "the-loan", "type": "clause", "offset": [56, 64]}, {"key": "upon-seller", "type": "clause", "offset": [88, 99]}, {"key": "approved-lenders", "type": "definition", "offset": [102, 118]}, {"key": "underwriting-criteria", "type": "definition", "offset": [143, 164]}], "snippet": "as used herein means that Buyer is qualified to receive the loan described herein based upon Seller\u2019s approved lenders\u2019 customary and standard underwriting criteria.", "size": 16, "hash": "8eb475e2aad7a96502a9fcd3bd08e00f", "id": 1}, {"samples": [{"hash": "gUjLq1KYrrp", "uri": "/contracts/gUjLq1KYrrp#ability-to-obtain", "label": "Purchase and Sale Agreement", "score": 28.8511099713, "published": true}, {"hash": "9pp2I7CdA6S", "uri": "/contracts/9pp2I7CdA6S#ability-to-obtain", "label": "Purchase and Sale Agreement", "score": 28.6622149406, "published": true}, {"hash": "9nrkgcUrqq6", "uri": "/contracts/9nrkgcUrqq6#ability-to-obtain", "label": "Purchase and Sale Agreement", "score": 28.339177062, "published": true}], "snippet_links": [{"key": "to-receive", "type": "definition", "offset": [45, 55]}, {"key": "the-loan", "type": "clause", "offset": [56, 64]}, {"key": "upon-lender", "type": "definition", "offset": [71, 82]}, {"key": "underwriting-criteria", "type": "definition", "offset": [108, 129]}, {"key": "in-the-event", "type": "clause", "offset": [131, 143]}, {"key": "in-good-faith", "type": "clause", "offset": [164, 177]}, {"key": "the-closing-date", "type": "clause", "offset": [212, 228]}, {"key": "terminate-this-agreement", "type": "clause", "offset": [240, 264]}, {"key": "written-notice", "type": "definition", "offset": [278, 292]}, {"key": "of-lender", "type": "clause", "offset": [304, 313]}, {"key": "upon-termination", "type": "definition", "offset": [336, 352]}, {"key": "the-\u2587", "type": "clause", "offset": [387, 392]}, {"key": "cost-of", "type": "definition", "offset": [414, 421]}, {"key": "change-orders", "type": "definition", "offset": [435, 448]}, {"key": "in-the-process", "type": "definition", "offset": [494, 508]}, {"key": "by-the-seller", "type": "clause", "offset": [541, 554]}, {"key": "the-property", "type": "clause", "offset": [565, 577]}, {"key": "buyer-shall", "type": "clause", "offset": [579, 590]}, {"key": "this-transaction", "type": "definition", "offset": [613, 629]}, {"key": "a-loan", "type": "definition", "offset": [665, 671]}, {"key": "addendum-attached", "type": "definition", "offset": [724, 741]}, {"key": "loan-obligations", "type": "clause", "offset": [789, 805]}, {"key": "the-buyer-agrees", "type": "clause", "offset": [807, 823]}], "snippet": "as used herein means that Buyer is qualified to receive the loan based upon Lender\u2019s customary and standard underwriting criteria. In the event Buyer, having acted in good faith, is unable to obtain financing by the Closing Date, Buyer may terminate this Agreement by providing written notice and a copy of Lender\u2019s loan denial letter. Upon termination, Buyer is entitled to a refund of the \u2587\u2587\u2587\u2587\u2587\u2587\u2587 Money less the cost of any unfunded Change Orders or Upgrades already performed, installed, or in the process of being performed or installed by the Seller on or for the Property. Buyer shall be obligated to Close this transaction if Buyer has the ability to obtain a loan for which Buyer has applied and been approved. FHA: Addendum attached USDA Conventional VA: Addendum attached OTHER: Loan Obligations: The Buyer agrees and/or certifies as follows:", "size": 11, "hash": "d6089fc2856c3e78a8bb285ba3988a2a", "id": 2}, {"samples": [{"hash": "39jqjmeLMLn", "uri": "/contracts/39jqjmeLMLn#ability-to-obtain", "label": "Real Estate Purchase Agreement", "score": 22.1348391513, "published": true}], "snippet_links": [{"key": "to-receive", "type": "definition", "offset": [45, 55]}, {"key": "the-loan", "type": "clause", "offset": [56, 64]}, {"key": "upon-lender", "type": "definition", "offset": [88, 99]}, {"key": "underwriting-criteria", "type": "definition", "offset": [125, 146]}, {"key": "buyer-warrants", "type": "definition", "offset": [211, 225]}, {"key": "at-closing", "type": "definition", "offset": [232, 242]}, {"key": "buyer-will", "type": "clause", "offset": [244, 254]}, {"key": "sufficient-cash", "type": "clause", "offset": [260, 275]}, {"key": "purchase-of-the-premises", "type": "clause", "offset": [292, 316]}, {"key": "sell-or-lease", "type": "clause", "offset": [369, 382]}, {"key": "other-real-property", "type": "definition", "offset": [383, 402]}, {"key": "in-order-to", "type": "clause", "offset": [403, 414]}, {"key": "buyer-shall", "type": "clause", "offset": [454, 465]}, {"key": "written-evidence", "type": "clause", "offset": [486, 502]}, {"key": "a-loan", "type": "definition", "offset": [519, 525]}, {"key": "the-terms-and-conditions", "type": "definition", "offset": [561, 585]}, {"key": "in-this-contract", "type": "clause", "offset": [596, 612]}, {"key": "from-the-effective-date", "type": "clause", "offset": [635, 658]}, {"key": "loan-approval-date", "type": "definition", "offset": [665, 683]}, {"key": "upon-receipt-of", "type": "clause", "offset": [687, 702]}, {"key": "evidence-of-loan", "type": "clause", "offset": [703, 719]}, {"key": "approval-by-seller", "type": "clause", "offset": [720, 738]}, {"key": "financing-contingency", "type": "definition", "offset": [745, 766]}, {"key": "in-the-event-the", "type": "clause", "offset": [790, 806]}, {"key": "terminate-the-contract", "type": "clause", "offset": [924, 946]}, {"key": "notice-to-seller", "type": "clause", "offset": [958, 974]}, {"key": "the-\u2587", "type": "clause", "offset": [1022, 1027]}, {"key": "construction-deposit", "type": "definition", "offset": [1048, 1068]}, {"key": "to-buyer", "type": "definition", "offset": [1069, 1077]}, {"key": "further-rights", "type": "clause", "offset": [1087, 1101]}, {"key": "obligations-and-liabilities", "type": "definition", "offset": [1103, 1130]}, {"key": "deemed-terminated", "type": "definition", "offset": [1158, 1175]}, {"key": "force-and-effect", "type": "clause", "offset": [1194, 1210]}, {"key": "buyer-does-not-elect-to-terminate", "type": "clause", "offset": [1253, 1286]}, {"key": "evidence-of-approval-or-disapproval", "type": "clause", "offset": [1616, 1651]}, {"key": "of-seller", "type": "clause", "offset": [1709, 1718]}, {"key": "this-transaction", "type": "definition", "offset": [1758, 1774]}, {"key": "all-cash-transaction", "type": "clause", "offset": [1798, 1818]}, {"key": "seller-shall", "type": "clause", "offset": [1824, 1836]}, {"key": "closing-costs", "type": "definition", "offset": [1849, 1862]}, {"key": "seller-may-terminate", "type": "clause", "offset": [1872, 1892]}, {"key": "notwithstanding-the", "type": "definition", "offset": [1907, 1926]}, {"key": "appraised-value", "type": "definition", "offset": [2000, 2015]}, {"key": "buyer-elects-to-terminate", "type": "clause", "offset": [2051, 2076]}, {"key": "the-parties", "type": "clause", "offset": [2168, 2179]}, {"key": "agreed-that", "type": "clause", "offset": [2197, 2208]}, {"key": "by-the-buyer", "type": "clause", "offset": [2238, 2250]}, {"key": "buyer-agrees", "type": "clause", "offset": [2252, 2264]}, {"key": "consistent-with", "type": "definition", "offset": [2288, 2303]}, {"key": "loan-contingency", "type": "clause", "offset": [2346, 2362]}, {"key": "different-terms-and-conditions", "type": "clause", "offset": [2401, 2431]}, {"key": "the-transaction", "type": "clause", "offset": [2442, 2457]}, {"key": "terms-and-conditions-of-this-contract", "type": "clause", "offset": [2481, 2518]}], "snippet": "as used herein means that Buyer is qualified to receive the loan described herein based upon lender's customary and standard underwriting criteria. If Buyer has the ability to obtain the loan referenced herein, Buyer warrants that, at closing, Buyer will have sufficient cash to complete the purchase of the Premises. Buyer further warrants that Buyer does not need to sell or lease other real property in order to complete the purchase of the Premises. Buyer shall provide Seller with written evidence of approval for a loan for purchase of the Premises under the terms and conditions set forth in this Contract on or before ( ) days from the Effective Date (the \u201cLoan Approval Date\u201d). Upon receipt of evidence of loan approval by Seller, this financing contingency shall no longer apply. In the event the loan is disapproved and evidence of such disapproval is provided to Seller by the Loan Approval Date, then Buyer may terminate the Contract by written notice to Seller by the Loan Approval Date, Holder shall return the \u2587\u2587\u2587\u2587\u2587\u2587\u2587 Money and any Construction Deposit to Buyer, and all further rights, obligations and liabilities created hereunder shall be deemed terminated and of no further force and effect. In the event the loan is disapproved and Buyer does not elect to terminate the Contract, then Seller, in Seller\u2019s discretion, may nonetheless terminate the Contract and Holder shall return the \u2587\u2587\u2587\u2587\u2587\u2587\u2587 Money and any Construction Deposit to Buyer, and all further rights, obligations and liabilities created hereunder shall be deemed terminated and of no further force and effect. Should Buyer not provide evidence of approval or disapproval of loan by the Loan Approval Date, then, at the election of Seller: (i) this contingency shall not apply, this transaction shall be considered an all cash transaction, and Seller shall not pay any closing costs or; (ii) Seller may terminate the Contract. Notwithstanding the above, in the event the loan is disapproved solely on the bases that the appraised value of the Premises is too low, and if Buyer elects to terminate the Contract as provided for above, then Seller shall not return any Construction Deposit, the parties having expressly agreed that this is a risk being assumed by the Buyer. Buyer agrees that a loan with terms consistent with those described herein shall satisfy this loan contingency. Buyer may also apply for a loan with different terms and conditions and close the transaction provided (a) all other terms and conditions of this Contract are fulfilled, and", "size": 5, "hash": "3fbf51df22f1158d17a62d87b77f40b6", "id": 3}, {"samples": [{"hash": "kzTWQRG9te3", "uri": "/contracts/kzTWQRG9te3#ability-to-obtain", "label": "Purchase and Sale Agreement", "score": 21.7967145791, "published": true}], "snippet_links": [{"key": "to-receive", "type": "definition", "offset": [45, 55]}, {"key": "upon-lender", "type": "definition", "offset": [277, 288]}, {"key": "underwriting-criteria", "type": "definition", "offset": [314, 335]}, {"key": "in-consideration-of-buyer", "type": "clause", "offset": [337, 362]}, {"key": "in-good-faith", "type": "clause", "offset": [377, 390]}, {"key": "in-accordance-with", "type": "definition", "offset": [395, 413]}, {"key": "the-terms", "type": "definition", "offset": [414, 423]}, {"key": "the-closing-date", "type": "clause", "offset": [467, 483]}, {"key": "terminate-this-agreement", "type": "clause", "offset": [560, 584]}, {"key": "written-notice", "type": "definition", "offset": [598, 612]}, {"key": "notification-form", "type": "clause", "offset": [621, 638]}, {"key": "or-equivalent", "type": "definition", "offset": [639, 652]}, {"key": "seller-shall", "type": "clause", "offset": [669, 681]}, {"key": "right-to-request", "type": "clause", "offset": [691, 707]}, {"key": "supporting-documentation", "type": "definition", "offset": [712, 736]}, {"key": "upon-termination", "type": "definition", "offset": [760, 776]}, {"key": "the-\u2587", "type": "clause", "offset": [811, 816]}, {"key": "trust-money", "type": "clause", "offset": [829, 840]}, {"key": "funding-the-loan", "type": "clause", "offset": [896, 912]}, {"key": "loan-shall", "type": "definition", "offset": [918, 928]}, {"key": "conventional-loan", "type": "definition", "offset": [1048, 1065]}, {"key": "fha-loan", "type": "definition", "offset": [1066, 1074]}, {"key": "va-loan", "type": "definition", "offset": [1096, 1103]}, {"key": "rural-development", "type": "clause", "offset": [1121, 1138]}, {"key": "other-buyer", "type": "definition", "offset": [1199, 1210]}, {"key": "different-terms-and-conditions", "type": "clause", "offset": [1237, 1267]}, {"key": "the-transaction", "type": "clause", "offset": [1283, 1298]}, {"key": "terms-and-conditions-of-this-agreement", "type": "clause", "offset": [1318, 1356]}, {"key": "new-loan", "type": "definition", "offset": [1380, 1388]}, {"key": "costs-charged", "type": "clause", "offset": [1411, 1424]}, {"key": "to-seller", "type": "definition", "offset": [1425, 1434]}, {"key": "buyer-shall", "type": "clause", "offset": [1436, 1447]}, {"key": "this-transaction", "type": "definition", "offset": [1470, 1486]}, {"key": "with-terms", "type": "clause", "offset": [1529, 1539]}, {"key": "other-loan", "type": "clause", "offset": [1571, 1581]}], "snippet": "as used herein means that Buyer is qualified to receive the loan described herein 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 65 (1) 66 67 68 69 (2) 70 71 72 73 74 75 76 (3) 77 (4) 78 (5) 79 80 (6) 81 64 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 based upon Lender\u2019s customary and standard underwriting criteria. In consideration of Buyer, having acted in good faith and in accordance with the terms below, being unable to obtain financing by the Closing Date, the sufficiency of such consideration being hereby acknowledged, Buyer may terminate this Agreement by providing written notice via the Notification form or equivalent written notice. Seller shall have the right to request any supporting documentation regarding loan denial. Upon termination, Buyer is entitled to a refund of the \u2587\u2587\u2587\u2587\u2587\u2587\u2587 Money/Trust Money. Lender is defined herein as the financial institution funding the loan. The loan shall be of the type selected below (Select the appropriate boxes. Unselected items will not be part of this Agreement): \u25a1 \u25a1 Conventional Loan FHA Loan; attach addendum \u25a1 \u25a1 VA Loan; attach addendum Rural Development/USDA \u25a1 \u25a1 _____________________________________________ THDA Other Buyer may apply for a loan with different terms and conditions and also Close the transaction provided all other terms and conditions of this Agreement are fulfilled, and the new loan does not increase any costs charged to Seller. Buyer shall be obligated to Close this transaction if Buyer has the ability to obtain a loan with terms as described herein and/or any other loan for which Buyer has applied and been approved.", "size": 4, "hash": "ae175d9bdc631c7469398475ecd890ad", "id": 4}, {"samples": [{"hash": "hEKJ5xmITbN", "uri": "/contracts/hEKJ5xmITbN#ability-to-obtain", "label": "Purchase and Sale Agreement", "score": 24.4318959617, "published": true}, {"hash": "8ezQM5PFuur", "uri": "/contracts/8ezQM5PFuur#ability-to-obtain", "label": "Purchase and Sale Agreement", "score": 22.780971937, "published": true}], "snippet_links": [{"key": "to-receive", "type": "definition", "offset": [45, 55]}, {"key": "upon-lender", "type": "definition", "offset": [91, 102]}, {"key": "underwriting-criteria", "type": "definition", "offset": [128, 149]}, {"key": "in-consideration-of-buyer", "type": "clause", "offset": [151, 176]}, {"key": "in-accordance-with", "type": "definition", "offset": [212, 230]}, {"key": "the-terms", "type": "definition", "offset": [231, 240]}, {"key": "the-closing-date", "type": "clause", "offset": [284, 300]}, {"key": "terminate-this-agreement", "type": "clause", "offset": [380, 404]}, {"key": "written-notice", "type": "definition", "offset": [418, 432]}, {"key": "notification-form", "type": "clause", "offset": [444, 461]}, {"key": "or-equivalent", "type": "definition", "offset": [462, 475]}, {"key": "seller-shall", "type": "clause", "offset": [492, 504]}, {"key": "right-to-request", "type": "clause", "offset": [514, 530]}, {"key": "supporting-documentation", "type": "definition", "offset": [535, 559]}, {"key": "upon-termination", "type": "definition", "offset": [586, 602]}, {"key": "the-\u2587", "type": "clause", "offset": [637, 642]}, {"key": "trust-money", "type": "clause", "offset": [655, 666]}, {"key": "funding-the-loan", "type": "clause", "offset": [725, 741]}], "snippet": "as used herein means that Buyer is qualified to receive the loan described herein 48 based upon Lender\u2019s customary and standard underwriting criteria. In consideration of Buyer, having acted in good 49 faith and in accordance with the terms below, being unable to obtain financing by the Closing Date, the sufficiency of 50 such consideration being hereby acknowledged, Buyer may terminate this Agreement by providing written notice via 51 the Notification form or equivalent written notice. Seller shall have the right to request any supporting documentation 52 regarding loan denial. Upon termination, Buyer is entitled to a refund of the \u2587\u2587\u2587\u2587\u2587\u2587\u2587 Money/Trust Money. Lender is 53 defined herein as the financial institution funding the loan.", "size": 3, "hash": "2a7cf8310ec85685a69474a6f8c43034", "id": 5}, {"samples": [{"hash": "9h4BGUlckS2", "uri": "/contracts/9h4BGUlckS2#ability-to-obtain", "label": "Purchase and Sale Agreement", "score": 28.1913461684, "published": true}, {"hash": "4o01XYfPRqM", "uri": "/contracts/4o01XYfPRqM#ability-to-obtain", "label": "Purchase and Sale Agreement", "score": 18.9656033632, "published": true}], "snippet_links": [{"key": "to-receive", "type": "definition", "offset": [45, 55]}, {"key": "upon-lender", "type": "definition", "offset": [91, 102]}, {"key": "underwriting-criteria", "type": "definition", "offset": [128, 149]}, {"key": "in-the-event", "type": "clause", "offset": [151, 163]}, {"key": "in-accordance-with", "type": "definition", "offset": [205, 223]}, {"key": "the-terms", "type": "definition", "offset": [224, 233]}, {"key": "terminate-this-agreement", "type": "clause", "offset": [282, 306]}, {"key": "written-notice", "type": "definition", "offset": [323, 337]}, {"key": "of-lender", "type": "clause", "offset": [349, 358]}, {"key": "notification-form", "type": "clause", "offset": [388, 405]}, {"key": "or-equivalent", "type": "definition", "offset": [406, 419]}, {"key": "upon-termination", "type": "definition", "offset": [439, 455]}, {"key": "the-\u2587", "type": "clause", "offset": [490, 495]}, {"key": "funding-the-loan", "type": "clause", "offset": [566, 582]}, {"key": "loan-shall", "type": "definition", "offset": [591, 601]}, {"key": "conventional-loan", "type": "definition", "offset": [725, 742]}, {"key": "fha-loan", "type": "definition", "offset": [745, 753]}, {"key": "va-loan", "type": "definition", "offset": [776, 783]}, {"key": "loan-obligations", "type": "clause", "offset": [812, 828]}, {"key": "the-buyer-agrees", "type": "clause", "offset": [830, 846]}], "snippet": "as used herein means that Buyer is qualified to receive the loan described 83 herein based upon Lender\u2019s customary and standard underwriting criteria. In the event Buyer, having acted in good 84 faith and in accordance with the terms below, is unable to obtain financing, Buyer may terminate this Agreement by 85 providing written notice and a copy of Lender\u2019s loan denial letter via the Notification form or equivalent written 86 notice. Upon termination, Buyer is entitled to a refund of the \u2587\u2587\u2587\u2587\u2587\u2587\u2587 Money. Lender is defined herein as the 87 financial institution funding the loan. 88 The loan shall be of the type selected below (Select the appropriate boxes. Unselected items will not be part of 89 this Agreement): 90 \u25a1 Conventional Loan \u25a1 FHA Loan; attach addendum 91 \u25a1 VA Loan; attach addendum \u25a1 Other 92 Loan Obligations: The Buyer agrees and/or certifies as follows:", "size": 3, "hash": "57bb46f699760c3125ea05bd2f5814ff", "id": 6}, {"samples": [{"hash": "40AXKNFeUir", "uri": "/contracts/40AXKNFeUir#ability-to-obtain", "label": "Lot/Land Purchase and Sale Agreement (Cherokee Banking Co)", "score": 18.0, "published": true}], "snippet_links": [{"key": "to-receive", "type": "definition", "offset": [44, 54]}, {"key": "the-loan", "type": "clause", "offset": [55, 63]}, {"key": "upon-lender", "type": "definition", "offset": [87, 98]}, {"key": "underwriting-criteria", "type": "definition", "offset": [124, 145]}, {"key": "loan-shall", "type": "definition", "offset": [151, 161]}, {"key": "this-agreement", "type": "clause", "offset": [236, 250]}], "snippet": "as used herein mean that Buyer is qualified to receive the loan described herein based upon lender's customary and standard underwriting criteria. The loan shall be of the type selected below: [THE SECTIONS NOT MARKED ARE NOT A PART OF THIS AGREEMENT.]", "size": 3, "hash": "95ceeb153ee099d31f9dec8019462a90", "id": 7}, {"samples": [{"hash": "7VnnYox6B47", "uri": "/contracts/7VnnYox6B47#ability-to-obtain", "label": "Purchase and Sale Agreement", "score": 31.328999289, "published": true}], "snippet_links": [{"key": "to-receive", "type": "definition", "offset": [45, 55]}, {"key": "underwriting-criteria", "type": "definition", "offset": [128, 149]}, {"key": "in-consideration-of", "type": "clause", "offset": [151, 170]}, {"key": "in-accordance-with", "type": "definition", "offset": [212, 230]}, {"key": "the-terms", "type": "definition", "offset": [231, 240]}, {"key": "the-closing-date", "type": "clause", "offset": [284, 300]}, {"key": "terminate-this-agreement", "type": "clause", "offset": [380, 404]}, {"key": "written-notice", "type": "definition", "offset": [418, 432]}, {"key": "notification-form", "type": "clause", "offset": [444, 461]}, {"key": "or-equivalent", "type": "definition", "offset": [462, 475]}, {"key": "seller-shall", "type": "clause", "offset": [492, 504]}, {"key": "right-to-request", "type": "clause", "offset": [514, 530]}, {"key": "supporting-documentation", "type": "definition", "offset": [535, 559]}, {"key": "funding-the-loan", "type": "clause", "offset": [607, 623]}, {"key": "loan-shall", "type": "definition", "offset": [632, 642]}, {"key": "conventional-loan", "type": "definition", "offset": [766, 783]}, {"key": "fha-loan", "type": "definition", "offset": [786, 794]}, {"key": "va-loan", "type": "definition", "offset": [817, 824]}, {"key": "rural-development", "type": "clause", "offset": [844, 861]}, {"key": "different-terms-and-conditions", "type": "clause", "offset": [920, 950]}, {"key": "the-transaction", "type": "clause", "offset": [966, 981]}, {"key": "all-other-terms", "type": "clause", "offset": [991, 1006]}, {"key": "conditions-of-this-agreement", "type": "clause", "offset": [1014, 1042]}, {"key": "new-loan", "type": "definition", "offset": [1066, 1074]}, {"key": "costs-charged", "type": "clause", "offset": [1097, 1110]}, {"key": "to-seller", "type": "definition", "offset": [1111, 1120]}, {"key": "this-transaction", "type": "definition", "offset": [1159, 1175]}, {"key": "with-terms", "type": "clause", "offset": [1218, 1228]}, {"key": "other-loan", "type": "clause", "offset": [1263, 1273]}], "snippet": "as used herein means that Buyer is qualified to receive the loan described herein 49 based upon \u2587\u2587\u2587\u2587\u2587\u2587\u2019s customary and standard underwriting criteria. In consideration of \u2587\u2587\u2587\u2587\u2587, having acted in good 50 faith and in accordance with the terms below, being unable to obtain financing by the Closing Date, the sufficiency of 51 such consideration being hereby acknowledged, Buyer may terminate this Agreement by providing written notice via 52 the Notification form or equivalent written notice. Seller shall have the right to request any supporting documentation 54 defined herein as the financial institution funding the loan. 55 The loan shall be of the type selected below (Select the appropriate boxes. Unselected items will not be part of 56 this Agreement): 57 \u25a1 Conventional Loan \u25a1 FHA Loan; attach addendum 58 \u25a1 VA Loan; attach addendum \u25a1 Rural Development/USDA 59 \u25a1 THDA \u25a1 Other 60 Buyer may apply for a loan with different terms and conditions and also Close the transaction provided all other terms 61 and conditions of this Agreement are fulfilled, and the new loan does not increase any costs charged to Seller. Buyer 62 shall be obligated to Close this transaction if \u2587\u2587\u2587\u2587\u2587 has the ability to obtain a loan with terms as described herein 63 and/or any other loan for which Buyer has applied and been approved.", "size": 2, "hash": "6895642307df7a00cea12db0cfd4c106", "id": 8}, {"samples": [{"hash": "deKHnfd1WcX", "uri": "https://netar.us/wp-content/uploads/2021/12/Annotated-RF401-PSA.pdf", "label": "Purchase and Sale Agreement", "score": 15.9561943874, "published": false}], "snippet_links": [{"key": "to-receive", "type": "definition", "offset": [45, 55]}, {"key": "upon-lender", "type": "definition", "offset": [91, 102]}, {"key": "underwriting-criteria", "type": "definition", "offset": [128, 149]}, {"key": "in-consideration-of-buyer", "type": "clause", "offset": [151, 176]}, {"key": "note-term", "type": "definition", "offset": [212, 221]}, {"key": "good-faith", "type": "clause", "offset": [223, 233]}, {"key": "the-foundation", "type": "clause", "offset": [251, 265]}, {"key": "the-agreement", "type": "clause", "offset": [269, 282]}, {"key": "agreement-between", "type": "clause", "offset": [354, 371]}, {"key": "trust-money", "type": "clause", "offset": [407, 418]}, {"key": "notification-form", "type": "clause", "offset": [439, 456]}, {"key": "please-note", "type": "definition", "offset": [460, 471]}, {"key": "in-this-agreement", "type": "definition", "offset": [496, 513]}, {"key": "written-notice", "type": "definition", "offset": [634, 648]}, {"key": "loan-type", "type": "clause", "offset": [873, 882]}, {"key": "in-accordance-with", "type": "definition", "offset": [909, 927]}, {"key": "the-terms", "type": "definition", "offset": [928, 937]}, {"key": "the-closing-date", "type": "clause", "offset": [981, 997]}, {"key": "terminate-this-agreement", "type": "clause", "offset": [1080, 1104]}, {"key": "or-equivalent", "type": "definition", "offset": [1162, 1175]}, {"key": "seller-shall", "type": "clause", "offset": [1192, 1204]}, {"key": "right-to-request", "type": "clause", "offset": [1214, 1230]}, {"key": "supporting-documentation", "type": "definition", "offset": [1235, 1259]}, {"key": "upon-termination", "type": "definition", "offset": [1289, 1305]}, {"key": "the-\u2587", "type": "clause", "offset": [1340, 1345]}, {"key": "funding-the-loan", "type": "clause", "offset": [1429, 1445]}, {"key": "loan-shall", "type": "definition", "offset": [1522, 1532]}, {"key": "conventional-loan", "type": "definition", "offset": [1596, 1613]}, {"key": "fha-loan", "type": "definition", "offset": [1616, 1624]}, {"key": "va-loan", "type": "definition", "offset": [1644, 1651]}, {"key": "rural-development", "type": "clause", "offset": [1671, 1688]}, {"key": "different-terms-and-conditions", "type": "clause", "offset": [1830, 1860]}, {"key": "the-transaction", "type": "clause", "offset": [1876, 1891]}, {"key": "all-other-terms", "type": "clause", "offset": [1901, 1916]}, {"key": "conditions-of-this-agreement", "type": "clause", "offset": [1930, 1958]}, {"key": "new-loan", "type": "definition", "offset": [1982, 1990]}, {"key": "costs-charged", "type": "clause", "offset": [2013, 2026]}, {"key": "to-seller", "type": "definition", "offset": [2027, 2036]}, {"key": "this-transaction", "type": "definition", "offset": [2078, 2094]}, {"key": "with-terms", "type": "clause", "offset": [2137, 2147]}, {"key": "other-loan", "type": "clause", "offset": [2182, 2192]}], "snippet": "as used herein means that Buyer is qualified to receive the loan described herein 48 based upon Lender\u2019s customary and standard underwriting criteria. In consideration of Buyer, having acted in good Lines 48-49: NOTE term \"good faith\" - Good Faith is the foundation of the Agreement/Contract. Parties must act in \"good faith\" throughout. 1st instance in Agreement between Buyer/Seller for refund of \u2587\u2587\u2587\u2587\u2587\u2587\u2587/trust money(EM) using the RF656 Notification form. **PLEASE NOTE - The language utilized in this Agreement allows for the refund of EM in specific \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587.\u2587\u2587 this language it states \"via the Notification form\" or \"equivalent written notice\".RF656 is sufficient for the disbursement of EM when Buyer/Seller have ageed to allowing disbursement this way. RF481 EM Disbursement form is not needed in these instances. 49 50 51 52 53 Check only 1 box to indicate 55 the loan type 56 the Buyer(s) faith and in accordance with the terms below, being unable to obtain financing by the Closing Date, the sufficiency of RF656 such consideration being hereby acknowledged, Buyer may terminate this Agreement by providing written notice via #7 the Notification form or equivalent written notice. Seller shall have the right to request any supporting documentation RF656 regarding loan denial. Upon termination, Buyer is entitled to a refund of the \u2587\u2587\u2587\u2587\u2587\u2587\u2587 Money/Trust Money. Lender is #20 defined herein as the financial institution funding the loan. \"Unable to obtain financing\"-Lender will issue a \"Loan Denial\" letter. The loan shall be of the type selected below (Select the appropriate box.): \u25a1 Conventional Loan \u25a1 FHA Loan; attach addendum \u25a1 VA Loan; attach addendum \u25a1 Rural Development/USDA are applying 57 for. \u25a1 THDA \u25a1 Other Use this and RF623 if Buyer(s) have to sell house before buying. 58 Buyer may apply for a loan with different terms and conditions and also Close the transaction provided all other terms RF656 59 and conditions of this Agreement are fulfilled, and the new loan does not increase any costs charged to Seller. Buyer #8 60 shall be obligated to Close this transaction if Buyer has the ability to obtain a loan with terms as described herein 61 and/or any other loan for which Buyer has applied and been approved. Buyer(s) cannot just change mind without consequence.", "size": 2, "hash": "28b55709c65e42e7543bf6d61c7e69d7", "id": 9}, {"samples": [{"hash": "1DAdVUrduVY", "uri": "/contracts/1DAdVUrduVY#ability-to-obtain", "label": "Residential Sales Contract", "score": 23.0985626283, "published": true}], "snippet_links": [{"key": "to-receive", "type": "definition", "offset": [45, 55]}, {"key": "the-loan", "type": "clause", "offset": [56, 64]}, {"key": "upon-lender", "type": "definition", "offset": [88, 99]}, {"key": "underwriting-criteria", "type": "definition", "offset": [125, 146]}, {"key": "loan-shall", "type": "definition", "offset": [152, 162]}, {"key": "fixed-rate-mortgage-loan", "type": "clause", "offset": [194, 218]}, {"key": "adjustable-rate-mortgage", "type": "definition", "offset": [219, 243]}, {"key": "fha-loan", "type": "definition", "offset": [244, 252]}, {"key": "va-loan", "type": "definition", "offset": [253, 260]}, {"key": "other-loan", "type": "clause", "offset": [261, 271]}], "snippet": "as used herein means that Buyer is qualified to receive the loan described herein based upon lender's customary and standard underwriting criteria. The loan shall be of the type selected below: Fixed Rate Mortgage Loan Adjustable Rate Mortgage FHA Loan VA Loan Other Loan", "size": 1, "hash": "aed4f4561521967dedab4216f697c882", "id": 10}], "next_curs": "Cl4SWGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjoLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIaYWJpbGl0eS10by1vYnRhaW4jMDAwMDAwMGEMogECZW4YACAA", "definition": {"title": "Ability to obtain", "snippet": "as used herein means that Buyer is qualified to receive the loan described herein based upon Seller\u2019s approved lenders\u2019 customary and standard underwriting criteria.", "size": 60, "id": "ability-to-obtain", "examples": ["<strong>Ability to obtain</strong> complete information and to relay it accurately and distinctly in written and verbal form.", "These APIs support a number of functions including: \u2022 <strong>Ability to obtain</strong> inventory and fare availability for flights in a market.", "<strong>Ability to obtain</strong> information from persons under adverse conditions, i.e. poor language skills, speech impediments, intoxication, hysteria and other conditions.", "<strong>Ability to obtain</strong> information from persons under adverse conditions; i.e., poor language skills, speech impediments, intoxication, hysteria and other conditions.", "<strong>Ability to obtain</strong> and maintain required certifications and licenses.", "<strong>Ability to obtain</strong> knowledge of other Town ordinances relative to contractual agreements with the Town of \u2587\u2587\u2587\u2587\u2587\u2587.", "<strong>Ability to obtain</strong> sufficient insurance coverage types and limits from a company of a satisfactory financial rating and financial size.", "<strong>Ability to obtain</strong> a consultation for children experiencing placement crises or those out of home for eighteen (18) months without achieving permanency.", "<strong>Ability to obtain</strong> and maintain a Connecticut /CDL Class B Motor Vehicle Operator\u2019s license within thirty (30) working days.", "<strong>Ability to obtain</strong> necessary certification as required by the state Department of Environmental Protection."], "related": [["ability-to-organize", "Ability to Organize", "Ability to Organize"], ["the-service", "The Service", "The Service"], ["verification-on-oath-or-affirmation", "Verification on oath or affirmation", "Verification on oath or affirmation"], ["substantial-or-essential-component", "Substantial or essential component", "Substantial or essential component"], ["licensed-professional-engineer", "Licensed Professional Engineer", "Licensed Professional Engineer"]], "related_snippets": [], "updated": "2025-07-06T21:55:40+00:00"}, "json": true, "cursor": ""}}