Dear Forms Committee: In the OREF Sale Agreements, does the buyer need to include funds from a lender in the Buyer Representation of Funds section?

The contingency regarding funds from a lending institution is covered in the “Financed” section of the Sale Agreement (Section 6). If the buyer selects “Financed,” then the buyer does not need to include a representation in Section 4 regarding any contingency for funds from a lending institution.

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