Real Estate Conveyance Document

REAL ESTATE CONVEYANCE DOCUMENT

Parties

Property Identification

Conveyance and Consideration

For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Grantor conveys, grants and warrants to Grantee the real property described above by: Conveyance Type: Warranty Deed Quitclaim Deed Special Warranty Deed Other:

Consideration (Purchase Price): $ payable as follows: Earnest money of $ to be held by and applied to closing.

Financing contingency applies: Yes No. If yes, buyer shall have until to obtain financing on the terms described in the financing addendum.

Closing, Possession and Condition

Closing shall occur on or before at the office of . Possession shall be delivered to Grantee on subject to the terms below.

Title, Encumbrances and Surveys

Grantor shall convey marketable title subject only to the following permitted exceptions:

Existing mortgage(s) or deed(s) of trust: Yes No. If yes, describe:

Survey required: Yes No. If yes, party responsible for survey costs:

Representations, Warranties and Disclosures

Grantor represents and warrants that Grantor is the lawful owner in fee simple of the Property, has full right and authority to convey the Property, and that there are no material undisclosed defects, actions, suits, claims or restrictions affecting title other than those specifically disclosed in this instrument.

Lead-based paint (if applicable): Yes No

Mold or water intrusion: Yes No

Prior material damage or structural repairs: Yes No

Prorations, Costs and Taxes

Real estate taxes, assessments, rents and other customary prorations shall be apportioned as of the date of closing. Property taxes for the current tax year shall be prorated on a basis.

Closing costs and escrow fees shall be paid as follows:

Default and Remedies

If Buyer defaults, Seller may retain earnest money as liquidated damages or pursue specific performance and any other remedies available at law or equity. If Seller defaults, Buyer may obtain specific performance or seek return of earnest money and damages. The prevailing party in any action to enforce this Agreement shall be entitled to recover reasonable attorneys' fees and costs.

Indemnity and Survival

Grantor and Grantee each agree to indemnify and hold the other harmless from and against any claims, losses or liabilities arising from breach of their respective representations or covenants. Representations and covenants that by their nature survive closing shall survive and remain enforceable after closing.

Recording; Delivery of Deed

Upon payment of the purchase price and satisfaction of closing conditions, Grantor shall execute and deliver to Grantee a duly executed and acknowledged deed conveying marketable title. Grantee shall cause the deed to be recorded in the appropriate land records at Grantee's expense.

Governing Law; Entire Agreement

This Conveyance Document shall be governed by and construed in accordance with the laws of the State of . This instrument contains the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior negotiations and agreements.

Notices

All notices required or permitted under this Document shall be in writing and delivered to the addresses below by personal delivery, certified mail or nationally recognized courier and shall be effective upon receipt.

Miscellaneous Provisions

Headings are for convenience only and shall not affect interpretation. If any provision of this Document is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect. Time is of the essence with respect to all dates set forth herein.

Acknowledgment

Each party acknowledges receipt of a fully executed copy of this Document and certifies that the person signing on its behalf has full authority to bind the party.

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