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CONTDOWN.BLD
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1997-07-22
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2KB
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76 lines
#400
@001 Enter the name of the CONTRIBUTOR:
~Enter the full name of the contributors.
@002 Enter the name of the BUYERS:
~Enter the full name of the buyers.
!200 Enter the amount to be contributed:
~Enter the amount to be contributed as a numeral without using
~the "$" symbol or commas.
@201/@201/@201 Select when the contribution will be made:
~Select when the down payment will be made. If the appropriate
~time is not stated, please select KEY IN VALUE.
as an addition to the down payment
at closing
KEY IN VALUE
@202 Enter date when offer will expire:
~Enter the date after which the contributors will no longer
~be willing to contribute to the down payment.
#401 Is offer contingent on receiving lien payable upon resale?
~Select YES if the contribution will only be made if the
~contribution will be repaid when the property is resold.
#402 Is offer subject to any other conditions?
~Select YES if there are other conditions to making the
~contribution.
#if#402
@203 Enter the conditions:
~Enter a full and precise description of all other conditions
~which must be met in order for the contribution to be made
~to the down payment.
#endif
#403
#end control section
#400
TO WHOM IT MAY CONCERN:
CONTRIBUTOR will make a gift of at least $@200 (!200 dollars) to
@002, as a contribution to the down payment to be made towards
purchasing a primary residence for the BUYERS.
This contribution will be made @201.
This offer to make a contribution shall expire on @202.
#401
This offer is made contingent upon the amount of the contribution
being made a lien on the property, due and payable at the time of
sale of the property.
The priority of the lien will be junior to any other purchase
money financing.
#402
This offer is also made contingent upon the following conditions:
@203
#403
Dated: _______________________
__________________________________________
@001