Real Estate Buyers Acknowledgement

REAL ESTATE BUYERS ACKNOWLEDGEMENT

Parties and Property Identification

Buyer Name:     Seller Name:

Contact Information

Purchase Terms (Reference Agreement)

Purchase Price: $     Earnest Money: $     Earnest Money Delivered On:

Inspection Period (calendar days):     Financing Contingency: Yes No

Proposed Closing Date:     Possession Date:

Disclosures Delivered to Buyer

Date Buyer Received Disclosures:

The Buyer acknowledges receipt of the following documents (check applicable):

Seller's Property Disclosure: Yes No

Lead-Based Paint Disclosure (if applicable): Yes No

Homeowners' Association Documents: Yes No

Known Mold or Water Intrusion History: Yes No

Prior Structural or Material Damage Repairs: Yes No

Flood Zone or Hazard Disclosures: Yes No

Other Documents Delivered:

Buyer Acknowledgements and Certifications

By initialing below, Buyer acknowledges the documents listed above were provided and that Buyer has had a reasonable opportunity to review and obtain independent inspections, reports, and legal advice prior to executing the purchase agreement. Initials:

Buyer certifies that Buyer has been afforded the opportunity to inspect the property, to obtain a professional inspection of mechanical, structural, pest, and environmental conditions, and to review all disclosures and related documents. Buyer acknowledges that no oral representations made by Seller or agents shall modify the written disclosures unless expressly set forth in writing in the Purchase Agreement. Initials:

Buyer acknowledges receipt of any available title preliminary report, public records concerning encumbrances, easements, covenants, conditions and restrictions affecting the Property, and that Buyer has the right to review title exceptions and to seek cure prior to closing. Initials:

Buyer acknowledges that Buyer is not relying upon any statements or representations not included in the written disclosures or the Purchase Agreement, and that Buyer has had full opportunity to ask questions and obtain clarifications. Initials:

Default, Remedies and Miscellaneous Provisions

If Buyer defaults under the Purchase Agreement, Buyer may forfeit earnest money as liquidated damages where permitted by the Purchase Agreement; alternatively, the non-defaulting party may pursue specific performance, damages, or other remedies available at law or in equity. If Seller defaults, Buyer may pursue return of deposits, damages, or specific performance in accordance with the Purchase Agreement. The parties agree that any remedy provided in the Purchase Agreement is in addition to, and not exclusive of, any other remedy available under law.

Notices under this Acknowledgement shall be sufficient if delivered to the contact addresses provided by the parties in the Purchase Agreement and shall be effective in accordance with the notice provisions in the Purchase Agreement.

Governing Law: This Acknowledgement shall be governed by and construed in accordance with the laws of the state in which the Property is located. This Acknowledgement, together with the Purchase Agreement and incorporated exhibits, constitutes the entire agreement between the parties with respect to the matters addressed herein and supersedes prior negotiations, representations, or agreements, whether oral or written.

Additional Buyer Declarations

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