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The Lot Hold Agreement outlines the terms for holding a lot with Cooreman Real Estate Group, requiring a $100 check at signing, refundable if the buyer does not purchase. Lots remain on the market but are marked as 'on hold.' The developer must notify the holder of competing offers, allowing a 3-day response period. Individual holds last 2 weeks (2 months for builders), with a maximum of 2 lots on hold per builder in a subdivision. Holders may need to match alternate offers to proceed.

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2006	4.8 Satisfied (61 Votes)

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