Once a potential buyer has submitted an offer and the Receiver has accepted the offer, an agreement will need to be finalized. Below is sample real estate agreement to provide you with an outline of the various requirements. Due to unique circumstances relating to each insurer, the Receiver reserves the right to modify this agreement to specifically address all aspects of the proposed transaction.
Sample - Real Estate Agreement
Note: Once the real estate agreement is executed, it will need to be submitted to the Receivership Court for approval.
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