House Amendment 8298


PAG LIN




     1  1    Amend the amendment, H=8220, to House File 2671, as
     1  2 follows:
     1  3 #1.  Page 1, by inserting after line 7 the
     1  4 following:
     1  5    <#   .  Page 3, by inserting after line 31 the
     1  6 following:
     1  7    <If a person who has agreed to buy residential real
     1  8 property is denied a first mortgage loan pursuant to
     1  9 this section and cannot otherwise comply with the
     1 10 terms of the agreement, the seller of the property
     1 11 shall be entitled to any down payment, earnest money,
     1 12 or other trust funds held by a real estate broker
     1 13 pursuant to section 543B.46 paid by the person or on
     1 14 behalf of the person pursuant to the agreement.>>
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     1 17                               
     1 18 WISE of Lee
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     1 21                               
     1 22 QUIRK of Chickasaw
     1 23 HF 2671.201 81
     1 24 kk/sh/3799
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