Common use of Forfeit of Deposit Clause in Contracts

Forfeit of Deposit. If a deposit of money is forfeited by a purchaser produced by ▇▇▇▇▇▇, one half shall be retained by the Broker, providing that this amount does not exceed the commission, and one half shall be paid to the Owner.

Appears in 2 contracts

Sources: Open Listing Realty Agreement, Open Listing Agreement

Forfeit of Deposit. If a deposit of money is forfeited by a purchaser produced by ▇▇▇▇▇▇Broker, one half of the deposit shall be retained by the Broker, providing that this amount does not exceed and the commission, and one other half of the deposit shall be paid to the Owner.

Appears in 1 contract

Sources: Exclusive Listing Agreement

Forfeit of Deposit. If a deposit of money is forfeited by a purchaser buyer produced by ▇▇▇▇▇▇, one half of the deposit shall be retained by the Broker, providing that this amount does not exceed the commission▇▇▇▇▇▇, and one the other half of the deposit shall be paid to the Owner.

Appears in 1 contract

Sources: Non Exclusive Open Listing Agreement