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Loại văn bản
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Contract forms in English
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Mục đích sử dụng
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Đặc thù
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Ngôn ngữ sử dụng
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Tiếng Anh
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Chủ thể
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Bất kỳ
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Số lượng trang
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14
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Thuộc tính
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Form mẫu chung
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Sealaw đánh giá
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Mẫu biểu cơ quan nhà nước phát hành, hướng dẫn
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Ngày cập nhật
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4/29/2017 9:33:14 PM
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Loại tệp tin
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Phí
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15.000 VNĐ
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Lượt tài về
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0
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Giới thiệu văn bản:
This is COMMERCIAL REAL ESTATE PURCHASE AND SALE AGREEMENT. The contract included 19 terms, 7 exhibit and regulated rights and obligations of parties.
Table of Contents
RECITALS
ARTICLE 1: DEFINED TERMS
ARTICLE 2: AGREEMENT TO CONVEY
ARTICLE 3: SURVEY.
ARTICLE 4: REPRESENTATIONS AND WARRANTIES OF SELLER
ARTICLE 5: TITLE INSURANCE
ARTICLE 6: MORTGAGE
ARTICLE 7: INSPECTION.
ARTICLE 8: ATTORNEY’S APPROVAL.
ARTICLE 9: CLOSING
ARTICLE 10: BROKERS.
ARTICLE 11: FLOOD PLAIN.
ARTICLE 12: NOTICES
ARTICLE 13: DEFAULT AND REMEDIES.
ARTICLE 14: DAMAGE AND DESTRUCTION
ARTICLE 15: EMINENT DOMAIN.
ARTICLE 16: ATTORNEY’S FEES
ARTICLE 17: TAX DEFERRED EXCHANGE
ARTICLE 18: APPLICABLE LAW.
ARTICLE 19: OTHER ADVISORS
TRÍCH DẪN VĂN BẢN:
ARTICLE 2: AGREEMENT TO CONVEY
2.01 In consideration for payment of the Purchase Price by Buyer to Seller, Seller agrees to convey:
(a) Legal title to the Property to Buyer, by [Warranty, Special Warranty, or Trustee’s] Deed; and
(b) Legal title to the personal property (if any) listed on Exhibit B by Bill of Sale.
2.02 Title Commitment Review: Within 14 days after the Agreement Date, Seller shall provide Buyer with a current title commitment in a preliminary amount of $10,000, covering title to the real estate described on Exhibit A. Unless Buyer and/or Buyer’s counsel objects to encumbrances shown in the title commitment (other than the Permitted Exceptions described below) within 15 days after receipt from Seller, than all objections thereto shall conclusively presumed to be waived by Buyer. During the 30-day period, Buyer may, by written notice to Seller, cancel this agreement in the event Buyer finds any conditions of title reflected in such title commitment which are objectionable to Buyer in Buyer’s sole and absolute discretion (“Unacceptable Exceptions”) provided, however, that Seller shall first be given the opportunity to remove or insure over the Unacceptable Exceptions. If Seller is unable to remove or insure over the Unacceptable Exceptions within 15 business days of Buyer’s notice, then Buyer may terminate this Agreement. Title to the Property shall be deemed acceptable to Buyer if it is subject only to the following exceptions, if any (“Permitted Exceptions”):
(a) Conditions, Covenants, and Restrictions of Record, provided same do not prohibit use of the property for Buyer’s Intended Use;
(b) Easements of record for the benefit of private parties and the public, for the following uses: utilities, drainage, and roads and highways, provided same do not prohibit use of the property for Buyer’s Intended Use;
(c) Party wall rights and agreements;
(d) Existing leases and tenancies (if any) as listed on Exhibit C, which leases shall be assigned by Seller to Buyer and assumed by Buyer at closing of the sale of the Property,
(e) Special taxes or assessments for improvements not yet completed and for improvements already completed;
(f) Mortgage(s) of Seller (if any) to be assumed by Buyer as listed on Exhibit D and mortgage(s) of Buyer; and
(g) General taxes for the year and subsequent years.
2.03 Seller shall provide to Buyer at closing an Affidavit of Title covering the date of closing, subject only to the Permitted
Exceptions listed in Section 2.02, and any un-permitted exceptions over which the Title Insurer commits to extend title insurance. In the event that title to the Property is to be conveyed by Trustee’s Deed, the Affidavit of Title shall be executed by the beneficiary or beneficiaries of the Trust.
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