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Common use of Eligible Purchaser Clause in Contracts

Eligible Purchaser. A Proposed Purchaser shall qualify as an "Eligible Purchaser" if he or she meets the following requirements, as determined by the City:

Appears in 10 contracts

Sources: Occupancy and Resale Restriction Agreement With Option to Purchase, Buyer's Occupancy and Resale Restriction Agreement, Buyer's Occupancy and Resale Restriction Agreement With Option to Purchase

Related Clauses

  • Eligible Purchasers
  • Sale Purchase
  • Reasonable Purchase Price
  • Investor
  • Qualifying Substitute Mortgage Loan

Parent Clauses

  • SALE BY OWNER IF CITY DOES NOT EXERCISE OPTION TO PURCHASE
  • Standards for Inclusionary Units
  • Notices and Correspondence
  • Holdback for Damage Repair Cost
  • RESTRICTED SALE OF HOME BY OWNER IF CITY DOES NOT EXERCISE OPTION

Sub-Clauses

  • Income Eligibility
  • Intent to Owner Occupy
  • Agreement to Sign Resale Restriction Agreement and Other City Documents, and to Cooperate with the City
  • Willingness to Sign City Agreements and to Cooperate with City
  • Agreement to Sign Buyer's Resale Agreement and to Cooperate with City
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