Real Estate Certificate of Purchaser

REAL ESTATE CERTIFICATE OF PURCHASER

This Real Estate Certificate of Purchaser (the Certificate) is given to confirm certain representations, acknowledgments and agreements of the purchaser relating to the purchase and acquisition of the Property described below. The parties and transaction details are as follows.

Parties

Purchaser Name:

Seller Name:

Property Identification

Purchase Terms

Purchase Price: $    Earnest Money Deposit: $

Escrow / Closing Agent:

Proposed Closing Date:    Possession Date:

Financing Contingency:

Purchaser Certifications and Acknowledgments

The undersigned Purchaser certifies and represents to the Seller and to Escrow that the following statements are true and binding as of the date of signature:

1. Inspection and Condition: Purchaser has had the opportunity to inspect the Property, accepts the physical condition of the Property as of the date hereof except as otherwise expressly stated in writing, and understands that, except as expressly set forth in the Purchase Agreement, Seller makes no warranties as to condition. Purchaser Initials:

2. Source of Funds: Purchaser warrants that all funds to be used for the purchase are from lawful sources and will be provided or made available at closing. Source of funds description:

3. No Additional Liens: To Purchaser's knowledge, there are no undisclosed liens or encumbrances known to Purchaser that would impair Purchaser's intended use of the Property, except as disclosed in writing. Purchaser Initials:

4. Compliance and Use: Purchaser intends to use the Property for: and will comply with applicable laws, covenants and restrictions.

5. Foreign Person Status: Purchaser certifies that Purchaser is a domestic person for purposes of applicable withholding laws, or if a foreign person, Purchaser will notify Seller in writing and provide required documentation. Purchaser Initials:

Disclosures

The Purchaser acknowledges receipt of the following disclosures (check applicable boxes):

Lead-Based Paint (if Property built before 1978): Yes No

Known Mold or Water Intrusion: Yes No

Prior Structural or Material Damage: Yes No

Default, Remedies and Miscellaneous Provisions

Default and Remedies: In the event of Purchaser's default under the Purchase Agreement or related escrow instructions, Purchaser understands that Seller's remedies may include retention of earnest money, specific performance, or other remedies as provided in the Purchase Agreement and by law. Purchaser hereby acknowledges that such remedies are reasonable and agreed-upon.

Indemnity: Purchaser agrees to indemnify and hold Seller and Escrow harmless from any loss or liability caused by Purchaser's false statements in this Certificate, except to the extent such loss arises from Seller's own willful misconduct.

Governing Law: This Certificate shall be governed by and construed in accordance with the laws of the state in which the Property is located.

Entire Agreement: This Certificate, together with the Purchase Agreement and escrow instructions, contains the entire agreement of the parties with respect to the matters contained herein and supersedes all prior understandings, whether written or oral, relating to such matters.

Acknowledgment

The undersigned Purchaser certifies under penalty of perjury that the information contained in this Certificate is true and correct to the best of Purchaser's knowledge and belief, and that Purchaser is authorized to make the representations made herein.

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