House Amendment 8305


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 earnest money or other trust
     1 12 funds held by a real estate broker pursuant to section
     1 13 543B.46 paid by the person or on behalf of the person
     1 14 pursuant to the agreement.>>
     1 15
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     1 17                               
     1 18 WISE of Lee
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     1 21                               
     1 22 QUIRK of Chickasaw
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     1 25                               
     1 26 SANDS of Louisa
     1 27 HF 2671.204 81
     1 28 kk/sh/4283
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