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There may be aspect agreements (e.g., holdover tenants, delivery contracts, fee holdback for unacceptable repairs), vendor's right of first refusal for resale, declaration of belief, or different entity formation or consolidation (incorporation, restricted partnership buyers, and many others.). Where "time is of the essence," there have been circumstances where the entire deposit is forfeited (as liquidated damages ) if the conveyancing is delayed beyond the closing dates of the customer's contingencies, even if the acquisition is completed.
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