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Business, 18.08.2021 03:50 scheyennekreger

The buyer has accepted the transfer disclosure statement, and the inspection contingencies have been fulfilled; but the purchase agreement also has a sale of buyer's property contingency clause. At this stage, the buyer would be entitled to a refund of her good faith deposit in each of the following circumstances, except: a. having learned that many homes in the area have entered foreclosure, the buyer decides the house is not a sound investment, so she withdraws from the transaction
b. the sale of the buyer's property collapses during the closing process, through no fault of the buyer
c. the seller accepts a second offer and notifies the buyer under a release clause, and the buyer is unable to fulfill or remove the contingency
d. the buyer fails to sell her home before the contingency deadline

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The buyer has accepted the transfer disclosure statement, and the inspection contingencies have been...
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