The authorizes Broker and its agent to include a contingency for: (a) approval of the purchase price and all other terms of the sales contract by Seller’s Lender; and (b) Lender’s agreement to accept a payoff which is less than the balance owed on the loan and/or lien; and (c) Lender’s issuance of a release and satisfaction of the mortgage(s) and/or lien(s) upon Lender’s receipt of the reduced payoff amount(s)
The all sale as is, no finance contingency, the subject 3rd party approval