My Real Etate Mentors
"OFFER TO PURCHASE REAL ESTATE
BE IT KNOWN, the undersigned, (Buyer), offers to purchase from
(Owner), real estate known as, City of State of , said property more particularly described as: Legal Description to be attached here:
The purchase price offered is $
Deposit herewith paid $
Balance at closing $
Total purchase price $
This offer is conditional upon the following terms:
1. Purchase is subject to conditions provided in Attachment A
2. Said property is to be sold free and clear of all encumbrances, by good and marketable title, with full possession to said property available to Buyer at date of closing.
3. The closing shall occur on or before at the closing agent office of
4. Other terms: Buyer and Seller to pay normal Closing Cost. Seller to provide Buyer with access to property upon acceptance.
5. This offer shall remain open until , and if not accepted by said time this offer shall be deemed rescinded and all deposits shall be refunded.
Buyer Date
Seller Date"
"Attachment A
The Buyer agrees to pay the balance of the Purchase Price by certified check to the Seller on the completion of this transaction subject to the usual adjustments being apportioned to the closing date.
Assignment
The Buyer shall have the right at any time prior to closing, to assign the within Offer to any person, persons or corporation, either existing or to be incorporated, which the Buyer may designate at its sole discretion, and upon such assignment, herein before named Buyer shall stand released from all further liability hereunder.
Property Viewing, Right to Show and Inspection
The Seller agrees to cooperate in providing access to the property for the purpose of viewing the property. Buyer reserves the right to show the property prior to closing to any and all prospective occupants or partners, up to the closing date, with 24 hours notice.
Approval
This Offer is conditional upon the approval of the terms hereof by the Buyer’s Partner(s)
and Lawyer.
Upon Completion
The Seller agrees to discharge all mortgages, liens or encumbrances that may now be registered against the property at their own expense on or before the date of closing. The parties agree that the Purchase Price includes all prepaid items. The Seller agrees that any and all representation and warranty associated with this Offer shall survive and not merge for a period of two years from the date of closing of this transaction. The Buyer agrees to pay the balance of the Purchase Price by certified check to the Seller on the completion of
this transaction."