It is forfeited if the home is not purchased as outlined in the Option.Mention the words 'down  payment' (@Aaron Wyssmann) anywhere and you've crossed into a carry-back.  

A transfer to a living trust, where the borrower maintains a beneficial interest in the property AND doesn't sign a document forfeiting their right to occupy the property.Finally, you can do just about anything you want, as long as you get the lenders prior written approval.  

The last one is in a neighborhood where all the residents call it the hood (Thomas-Dale / Frogtown).Even at the county tax-forfeited auction, stuff has been selling higher than I'd expected — one SFR with an minimum opening bid of $20k and a foundation crack sold for $93k.  

I am able to put down that amount in cash, but within the contract it contained a clause I found that if I couldn’t secure a HML during a 30 day time period, I would forfeit the entire $12,500/contract terminated. 

If she doesn’t pay Decembers rent, simply let her know she is forfeiting her entire security deposit (wait until she moves out to inform her of this so she doesn’t trash the place). 

For example, you could offer the tenants the opportunity to forfeit the deposit and walk away which limits their losses to the security deposit. if you take two months to find a new tenant, they are obligated to pay two months worth of rent and their losses will be significantly higher.Personally, I would cut off all communication and maintain the lease agreement until a replacement tenant is found.

Have you started plans for your tax forfeit land auction purchase the other day?! 

I do not currently own as I live on post, but I'm tired of forfeiting my BAH! 

It is taxable later on when the buyer either exercises his option or forfeits it.- Substance over form.

The way they phrased term #4 is that I will forfeit the right to back out if I can't get the financing.