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Condition Removal Notification Form

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OKlaHOma REal EStatE COmmiSSiOn

This is a legally binding Contract if not understood seek advice from an attorney

Condition Removal notifiCation

demand fRom SelleR to Remove Condition

To: __________________________________________________________________________________________, Buyer:

In accordance with the Oklahoma Uniform Contract of Sale of Real Estate between the Buyer and the undersigned Seller

(the “Contract”) as modified by the Sale of Buyer’s Property Condition (NOT Under Contract) attached thereto, you are hereby

notified that Seller has accepted a written offer conditioned upon your right to remove the Termination Condition set forth.

You have until _____________ (time) on _________________, 20 _______ (date) to remove the Termination Condition. In

the event of your failure to remove the Termination Condition within the time period specified, the Contract shall automatically

terminate and your Earnest Money shall be disbursed in accordance with the provisions of the Contract.

Dated ___________________________________, 20 ______

Seller’s Signature___________________________________ Seller’s Signature __________________________________

Receipt acknowledged at ________________ (Time) on the ______________ day of ___________________, 20________.

Buyer’s Broker Signature _____________________________

Buyer’s Signature __________________________________ Buyer’s Signature __________________________________

notiCe of Removal of Condition fRom BUYeR

To: _________________________________________________________________________________________, Seller:

The undersigned Buyer hereby removes the Termination Condition created by and expressed in the Contract, as indicated

below:

Attached to this Notice of Removal of Condition is the following (check one):

a) A copy of a contract to close the sale of Buyer’s Property on or before the Closing Date in this Contract subject to no

conditions other than inspections, title, survey (or mortgage inspection certificate) or financing;

b) A copy of verification from a financial institution or other lender of the availability of sufficient funds, or a written

statement of conditional loan approval not requiring the sale of Buyer’s Property.

Dated ___________________________________, 20 ______

Buyer’s Signature __________________________________ Buyer’s Signature __________________________________

Receipt acknowledged at ________________ (Time) on the ______________ day of ___________________, 20________.

Seller’s Broker Signature _____________________________

Seller’s Signature___________________________________ Seller’s Signature __________________________________

This form was created by the Oklahoma Real Estate Contract Form Committee and approved by the Oklahoma Real Estate Commission.

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OREC COnditiOn REmOval nOtifiCatiOn (11-2011)

Condition Removal Notification Form

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