Commercial Deed

COMMERCIAL DEED

This Commercial Deed is made this by and between Grantor: , a(n) , with mailing address , and Grantee: , a(n) , with mailing address .

Consideration and Recitals

For good and valuable consideration in the amount of $ , receipt of which is acknowledged, Grantor grants, bargains, sells and conveys to Grantee all right, title and interest in the real property described below, subject only to the matters expressly set forth herein.

Property Identification

Type of Deed

The form of conveyance is (check applicable): General Warranty Deed Special Warranty Deed Quitclaim Deed

Granting Clause

Grantor, for and in consideration of the consideration recited above and other good and valuable consideration, grants and conveys to Grantee, and Grantee's successors and assigns forever, the property described above together with the rights, appurtenances and improvements thereon, to have and to hold the same, subject to the matters set forth in the Exceptions and Reservations section below.

Habendum and Covenants

TO HAVE AND TO HOLD the property unto Grantee and Grantee's successors and assigns, in fee simple, free from all encumbrances except those expressly reserved or excepted in this instrument. Grantor covenants that Grantor is lawfully seized of the property, has good right to convey the same, and will warrant and defend title against lawful claims by Grantor and Grantor's successors. The foregoing covenants are subject to limitations set forth in this deed.

Exceptions, Reservations and Easements

The conveyance is subject to all easements, rights-of-way, covenants, conditions, restrictions and other matters of record and to any matters that would be disclosed by an accurate survey of the property. Known material easements or encumbrances are described in the Exceptions and Reservations field above.

Taxes, Assessments and Prorations

Real property taxes and assessments shall be prorated and adjusted as of the date of closing. Unless otherwise agreed in writing, Grantor shall pay all taxes, assessments and charges due and payable through the date of closing. Any transfer taxes, documentary stamps or similar charges imposed by law in connection with this transfer shall be paid by .

Title Matters and Conveyance Conditions

Grantor represents that, to Grantor's actual knowledge, there are no material latent defects in title other than those disclosed in this deed. Grantee accepts the property subject to all recorded instruments and facts of record and matters that would be revealed by a current survey. Grantee shall have the right to obtain title insurance at Grantee's expense.

Disclosures

Grantor makes the following affirmative disclosures with respect to the property:

Lead-based paint disclosure: Yes No     Mold disclosure: Yes No     Prior material damage: Yes No

Further Assurances; Remedies

Grantor covenants to execute and deliver such further instruments and assurances, and to take such other actions, as may be reasonably necessary to effectuate the transfer of title to Grantee. In the event of a breach of Grantor's covenants under this deed, Grantee's remedies shall include specific performance, injunctive relief and damages to the extent permitted by law.

Governing Law and Integration

This deed shall be governed by and construed in accordance with the laws of the State of . This instrument contains the entire agreement of the parties with respect to the subject matter hereof and supersedes all prior oral or written agreements between the parties concerning the property.

Recording and Delivery

Grantor shall execute and deliver this deed for recording in the official land records of the county of in the State of . Recording costs shall be paid by .

Acknowledgment of Consideration

Grantor acknowledges receipt of the consideration set forth herein and further acknowledges that the conveyance is made without duress, undue influence or coercion. Grantor affirms that the representations made in this deed are true and correct to the best of Grantor's knowledge as of the date set forth above.

Notary Acknowledgment

State of , County of . On this day of in the year , before me personally appeared the person(s) whose name(s) are signed below and known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to this instrument, and acknowledged to me that he/she/they executed the same for the purposes therein stated.

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