Real Estate Buyer Package

REAL ESTATE BUYER PACKAGE

PARTIES

PROPERTY IDENTIFICATION

Property Address:

Parcel / APN Number:

OFFER AND FINANCIAL TERMS

Deposit to be held by:

Deposit due by:

Closing Date:

Possession Date:

Financing: Cash Conventional FHA/VA Other

Buyer represents that pre-approval or proof of funds is: Attached Pending Not Provided

INSPECTION & CONTINGENCIES

Inspection contingency: Yes No

Inspection period (days from acceptance):

Appraisal contingency: Yes No

Title review and objections: Yes No

HOA / CC&R review requested: Yes No

EARNEST MONEY & ESCROW

Earnest money handling instructions: Funds will be deposited and held in accordance with escrow instructions and applicable law. If Buyer defaults, Seller's remedies shall be limited as set forth below unless otherwise required by law.

CLOSING, COSTS, AND POSSESSION

Buyer to pay closing costs as follows (check applicable):

Buyer pays customary buyer closing costs
Seller credit toward closing costs in amount:

Prorations: Property taxes, rents, utilities and other prorations shall be made as of the Closing Date in accordance with customary local practice unless otherwise agreed in writing.

DISCLOSURES

Lead-based paint disclosure provided: Yes No

Known mold or water intrusion: Yes No

Prior structural or material damage (repairs completed disclosed): Yes No

TITLE, SURVEY, AND HOA

Title commitment to be delivered by Seller and Buyer shall have the right to object to title matters within a reasonable period after delivery.

Survey requested: Yes No

HOA documents required: Yes No

DEFAULT, REMEDIES, AND INDEMNITY

If Buyer fails to timely close in breach of this agreement, Seller may retain the earnest money as liquidated damages or pursue other remedies at law or in equity, subject to limitation by applicable statute. If Seller fails to convey good title at closing, Buyer may seek specific performance or recover actual damages. Parties agree that any award of damages shall be reduced by any amounts paid to settle or cure title defects.

Indemnity: Each party shall indemnify and hold harmless the other from claims arising from that party's breach or negligent acts, except to the extent caused by the indemnified party's own acts or omissions.

GOVERNING LAW; ENTIRE AGREEMENT

This Agreement shall be governed by the laws of the state indicated below without regard to conflict of law principles. This document, together with any attached addenda and written amendments signed by the parties, constitutes the entire agreement between Buyer and Seller with respect to the subject matter and supersedes all prior negotiations, representations, and agreements.

Governing State:

ACKNOWLEDGMENTS AND CERTIFICATIONS

Buyer acknowledges receipt of all disclosures indicated above and certifies that Buyer has had opportunity to review the condition of the Property and to obtain inspections and professional advice. Buyer authorizes release of financial information to lender(s) and escrow as necessary to effectuate the transaction.

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