First Look Offerees. Purchaser must offer at least an initial thirty (30) day priority purchase period (a First Look Period) to Owner- Occupant Buyers, governmental entities, including their instrumentalities, and Eligible Nonprofit Organizations (collectively, the First Look Offerees). i. An Owner-Occupant Buyer means a homebuyer who provides a signed statement that they intend to use the REO Property as their principal residence. ii. An Eligible Nonprofit Organization means a nonprofit organization that is tax-exempt under Section 501
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