Common use of Foreclosures Clause in Contracts

Foreclosures. If Agent is made aware of any foreclosure proceedings, Agent will notify tenant immediately. In the event of a monetary loss to Tenant, Tenant understands that their sole recourse is with the Owner of the rental property. Tenant agrees agent is not responsible for funds lost due to transfer of property ownership.

Appears in 2 contracts

Sources: Vacation Rental Agreement, Vacation Rental Agreement

Foreclosures. If Agent is made aware of any foreclosure proceedings, Agent will notify tenant immediately. In the event of a monetary loss to Tenant, Tenant understands that their sole recourse is with the Owner of the rental property. Tenant agrees agent is not responsible for funds lost due to transfer of property ownership.for

Appears in 1 contract

Sources: Vacation Rental Agreement

Foreclosures. If Agent is made aware of any foreclosure proceedings, Agent will notify tenant immediately. In the event of a monetary loss to Tenant, Tenant ▇▇▇▇▇▇ understands that their sole recourse is with the Owner of the rental property. Tenant ▇▇▇▇▇▇ agrees agent is not responsible for funds lost due to transfer of property ownership.

Appears in 1 contract

Sources: Vacation Rental Agreement