Real Estate Purchase Agreement

THIS REAL ESTATE PURCHASE AGREEMENT (Agreement) is dated this _______day of _______________________, 20_____, by and between ___________________________________________________and/or assigns (Buyer), and, ________________________________________(Seller), real estate known as, _________________________________City of ___________________________, State of __________________and being more particularly described as:

Seller hereby agrees to sell and convey to Buyer and Buyer hereby agrees to purchase agrees to purchase from the seller, subject to the terms and conditions hereinafter set forth: 1. Purchase Price Deposit herewith paid to escrow: Balance at Closing: Total Purchase Price: 2. Financing This offer is subject to Buyer obtaining a real estate mortgage for no less than ___________ payable over ______years with interest not to exceed ______% at customary terms with a firm commitment thereto __________days from date hereof. 3. 4. 5. Brokerage Seller shall pay real estate brokerage or agent, a commission of $_______or_________% of the purchase price. Inspections Seller shall deliver a satisfactory termite/pest report within ______days from acceptance date. Code Compliance Seller warrants to the best of the knowledge of Seller, the electrical, plumbing, air conditioning and ventilation are in compliance with the City/County Building and Fire Code requirements. 6. Closing a. Closing of property shall be on or before __________, giving reasonable time for preparation and approval of documents and correction of defects reported as a result of a title examination. Closing will be held at purchasers escrow or title company, unless such other time and place agreed upon. b. c. 7. The premises shall be in substantially the same condition at Settlement as on date Seller executes this Agreement. Seller and Buyer to pay customary closing costs. ________________ CASH ________________ ________________ ________________

Title Said property shall be sold free from all liens, security interests and other encumbrances. Title shall be good, marketable and insurable, without exception.

8.

Other Terms Subject to buyers walkthrough and approval of walkthrough within 21 business days of acceptance. Any disapproval will be provided in writing. Seller shall give buyer and Buyers representatives full access to the property upon acceptance of this Agreement.

Signed this _________day of _________________________.

Buyer: Buyer:

Date Date

Seller: Seller:

Date Date