Fill and Sign the Offer Commercial Sample Form

Offer to Purchase Commercial Property The undersigned _______________________________________________ (Purchaser) of ___________________________________________________________________________ ________________________________________ (street address, city, county, state, zip code) , referred to herein as Purchaser, hereby offers to purchase the commercial real property owned by _______________________________________________________________ (Corporation), a corporation organized and existing under the laws of the state of ____________________________________, with its principal office located at _____________ ______________________________________________________________________________ ________________________________ (street address, city, county, state, zip code) , referred to herein as Seller. 1. The legal description of the commercial real property is as follows: (Insert Legal Description of Commercial Property) _____________________________________________________________________________ _____________________________________________________________________________ _____________________________________________________________________________ ___ Together with all improvements on the property and appurtenances to it, and the articles of equipment and other personal property listed in Exhibit A, which is attached hereto and incorporated herein by reference. The said real and personal property is referred to as Property. 2. Transfer of title to Purchaser shall include all right, title, and interest of Seller in and to all streets, alleys, roads, and avenues adjoining the Property, 3. The title to the Property when delivered to Purchaser shall be by warranty deed conveying good and marketable title, free and clear of all liens, encumbrances, exceptions, and reservations except _____________________________________________________________ ___________________________________ ( set forth acceptable defects like utility easements) . Such good and marketable title shall be evidenced by a standard form title insurance commitment issued by ___________________________________________________________ (name of title company) , subject only to the matters set forth in this Agreement. 4. The purchase price shall be $_____________ cash. Purchaser will tender to Seller as earnest money on acceptance of this offer _____________Dollars cash. This earnest money shall be delivered to ______________________________________________ (e.g., closing attorney) by certified or cashier’s check. In the event this offer is not accepted, the earnest money shall be returned to Purchaser . In the event this offer is accepted, the earnest shall be applied to the purchase price. Taxes and special assessments shall be prorated to the closing date. Possession of the Property shall be delivered to the undersigned on the ____ day of _____________________, 20___. 5. Property is presently occupied by ________ (number) tenants under month-to-month tenancies or leases, as set forth in Exhibit B, which is attached and made a part of this Agreement. Transfer of title and possession to property shall be subject to those tenancies, but all right, title and interest of Seller in such tenancies and leases shall be transferred to Purchaser at the time of conveyance of title. 6. Risk of loss or damage by fire or other casualty to Property or any part of Property prior to closing shall be the risk of Seller. Improvements and personal property described above are to maintained in their present condition prior to the closing, wear from normal and reasonable use and deterioration excepted. Unless sooner withdrawn by me this offer shall expire at ____o'clock ____.m., on __________________________________ (date) . Acceptance shall be in writing delivered to me at ____________________________________________________________________________ ______________________________________________________________________________ (street address, city, county, state, zip code) . Witness my signature this the ____ day of _____________________________, 20___. ____________________________________ Purchaser I hereby accept the offer described above on this the ____ day of ___________________, 20___. ____________________________________ Corporation By_________________________________ ____________________________________ (Name and Office in Corporation)