39-Purchase Contract FAQs-Contract A to Z

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Why did the Risk Management Committee elect to revise the Residential Resale Real Estate Purchase Contract (“Purchase Contract”)? Line 11 asks the parties to identify the amount of Earnest Money. Is Earnest Money required? Why was a blank line added after “Earnest Money” on line 11, and what goes there?  Line 18 now reads, “Upon […]

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