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Delayed possession agreement

Delayed Possession Agreement - Greater Louisville Association of bb 2025

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The Delayed Possession Agreement, provided by the Greater Louisville Association of REALTORS®, outlines the terms under which a seller can retain possession of a property after closing. It specifies the duration of possession, payment obligations for the seller, maintenance responsibilities, and conditions for inspections by the buyer. The agreement emphasizes that it is contingent upon the closing of the property and requires written modifications. It also clarifies that no verbal agreements are binding and that all terms will survive closing.

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