Purchase Deposit Clause Samples
A Purchase Deposit clause sets out the requirement for the buyer to pay a specified sum upfront as part of the purchase agreement. Typically, this deposit is paid upon signing the contract and is held in escrow or by a third party until the transaction is completed or terminated. The clause details the amount, timing, and conditions under which the deposit may be refunded or forfeited. Its core function is to demonstrate the buyer’s commitment to the transaction and to provide the seller with security against the risk of the buyer defaulting.
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Purchase Deposit. (Check if applicable)
Purchase Deposit. Within seven (7) business days after the date of this Agreement, the Buyer shall pay the Seller a Purchase Deposit (the "Deposit") with the amount of USD 2.8 Million and the Seller shall provide the Buyer with a Purchase Deposit Receipt immediately.
Purchase Deposit. State whether or not there is an ▇▇▇▇▇▇▇ money deposit requirement (and the amount, if so) of the tenant chooses to exercise the option to purchase. Step 24 – Fill In Personal Property Details 30.
Purchase Deposit. Section 27.2
Purchase Deposit. Buyer shall make a deposit in the amount of ten percent (10%) of the High Bid with ▇▇▇▇▇▇ Auctioneers & Real Estate, LLC (the “Escrow Agent”). A purchase deposit in the amount of $ (Dollars) ($ ) (the “Deposit”) by: CASH □ PERSONAL CHECK □ BANK CHECK □ WIRE TRANSFER □ OTHER □ was received and acknowledged below. The Purchase Deposit will be held by Listing Broker or Auctioneer in a noninterest-bearing account. If the Purchase Deposit is forfeited by the Winning Bidder, it will be applied to amounts owing to Listing Broker and/or Auctioneer before any distribution to Seller or otherwise.
Purchase Deposit. Within three (3) business days after the date of this Agreement, the Buyer shall pay the Seller a Purchase Deposit with the amount of USD 3 Million and the Seller shall provide the Buyer with a Purchase Deposit Receipt immediately. When the Buyer pays the Cash Consideration to the Seller on the Cash Payment Date, such Purchase Deposits, being treated as part of the Cash Consideration, shall be deducted from the payment of total Cash Consideration automatically.
Purchase Deposit. State whether or not there is an ▇▇▇▇▇▇▇ money deposit requirement (and the amount, if so) of the tenant chooses to exercise the option to purchase.
Purchase Deposit. Indicate whether a cash deposit (and if) is required, if the tenant chooses to use the purchase option. Step 24 - Complete information on personal property 30. Personal property. The purchase includes all properties, buildings, improvements, accessories and equipment. You have the opportunity to join the additional personal belongings for sale. If you want, please provide a list of items included. Action 25 - Enter closure and billing information 31. Payment method. Enter how the purchase amount must be delivered to the seller at the time of closing. 32. Seller closure costs. Choose the closing costs for which the seller is responsible. You can also add additional costs. 33. Customer closure costs. Choose the closing costs for which the buyer is responsible. You can add additional costs. 34. The buyer only covers the closing cost. Mark this check box if the buyer is responsible for all closing costs. Step 26. Describe ownership information. 35. Property insurance policy. Choose who pays for your ownership insurance, who chooses your ownership insurance company and whether you allow exceptions or exceptions from your ownership insurance policy. Step 27 - Choose the ruling country in the 36th managing country. Select national laws that will regulate this purchase agreement. Step 28 - Check the dispute option 37. Decide whether the owner/seller and tenant/buyer will resolve disputes through proceedings, binding arbitration, or mediation, followed by arbitration. 29. Action. Enter different data 38. Different. Include all additional conditions for this lease of property. The example of ownership rental below can see what ownership rental usually looks like: Ownership rental is a well -known contract in the real estate industry. This type of contract gives the owner the right to purchase a dwelling house at any time of rent. In order to implement this, the landlord and the tenant must enter the agreed provisions and sign the corresponding forms. Users must specify the information related to the lease aspect, the period of active redemption, and the amount of money required for the purchase.Once the contract is completed and signed, the contract is complete and both parties agree to abide by the contractual provision of the document. Rental Request When individuals are interested in renting a property, the landlord/landlord usually sends this form to obtain their personal information to check their criminal background, credit history, and current employment stat...
Purchase Deposit. Purchaser has deposited with Seller’s attorney, ▇▇▇▇▇▇ St. ▇. ▇▇▇▇▇▇▇, Esq., of ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Broder & Micoleau LLC, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇, ▇.▇. ▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇-▇▇▇▇ (“Escrow Agent”) the sum of Five Thousand Dollars ($5,000.00) as ▇▇▇▇▇▇▇ money (the “Purchase Deposit”). At Closing Escrow Agent will deliver the Purchase Deposit to Seller to be applied to the Purchase Price.
Purchase Deposit. On November 15, 2004 BUYER submitted a deposit of ten percent (10%) of the Total Sales Price (Bid Price plus Ten Percent Buyer's Premium) $330,000.00 as Purchase Deposit with Tranzon VenueBid at ▇▇▇ ▇▇▇▇ & ▇▇▇▇▇▇▇ ▇▇▇▇., ▇▇▇. ▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇, upon submission of BUYER'S Sealed Bid. Such Purchase Deposit shall be applied to the Total Sales Price at Closing.