Fill and Sign the Disclosure Statement Required for a Residential Construction Contract Required by Section 53 Form

- 1 - Contract for Deed CONTRACT FOR DEED THIS DAY this agreement is entered into by and between _______________________, hereinafter referred to as "SELLER", whether one or more, and _______________________, hereinafter referred to as "PURCHASER", whether one or more, on the terms and conditions and for the purposes hereinafter set forth: 1. SALE OF PROPERTY For and in consideration of TEN DOLLARS ($10.00) and other good and valuable considerations the receipt and sufficiency of which is hereby acknowledged, Seller does hereby agree to convey, sell, assign, transfer and set over unto Purchaser, the following property situated in ___________________ County, State of Arizona, said property being described as follows: (Type description or attach description as exhibit "A") Together with all rights of ownership associated with the property, including, but not limited to, all easements and rights benefiting the premises, whether or not such easements and rights are of record, and all tenements, hereditaments, improvements and appurtenances, including all lighting fi
Sures, fixtures, equipment, structures and appurtenances, and all improvements and appurtenances and other improvements under, over, across or across all rights of way, whether such rights of way are of record or whether they are easements, rights benefiting the premises, rights of way under, over, or across any improvements or appurtenances. 4. In consideration of the sale and transfer herein required by the terms of this contract, sold and conveyed to purchaser, hereinafter referred to as “purchaser" property which is located in the county, state, which is designated, a) by the county, state of which the property is located b) along the interstate highway and a) on lands to the east and south of the highway, and c) on lands to the west and north of the highway, and along all rights, rights of way, easements, interests and other interests in and to the property which easements, rights benefiting the premises, benefit of the premises and interests and other interests are hereby acknowledged and agreed to be held beneficial to the purchaser, hereinafter referred to as the “sale price" 5. Purchaser shall pay seller an additional consideration of ten dollars (10) for the property sold and transferred to purchaser, as the amount of the sale price, plus, in addition, the amount specified in subsection (3), a fee of per square foot for any portion of the structure being transferred to a purchaser, as determined by the county assessor, as a condition of this sale, with an additional charge for any damage to the building caused by a breach of contract by the purchaser, as an additional consideration. 6. If purchaser fails to take possession of the property within the time provided by this contract, or pays any of the price not paid or the excess over the amount owed thereon as damages, in addition to the right to recover by the seller any damages to the property which are not due to the breach of contract by the purchaser, which right shall be governed by the provisions of subsection a (3). 7. If purchaser, in good faith, fails to comply with any provisions of this contract and any applicable law, as to any element of this contract, as a result of which the property is not properly conveyed by the purchaser to purchaser within seven (7) days after the date of delivery of such property to purchaser, which failure is not excused by the lack of reasonable means of delivery, then seller shall, to the full.