Amendatory Clause Used in sales contracts when FHA or VA Financing is to be used, it allows the purchaser to back out of the transaction if the Firm Commitment or CRV does not come through for a specified amount. |
Real Estate Terms >
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Real Estate Terms >
Amendatory Clauseposted Nov 4, 2010, 4:05 PM by Career Path Academy [ updated Nov 4, 2010, 4:05 PM ]
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