Real Estate Offering Documents

REAL ESTATE OFFERING DOCUMENTS

Property Identification

Property Address:    Parcel / APN:

Parties

Phone:    Email:

Phone:    Email:

Offering Terms

Earnest Money Due By:    Escrow/Earnest Holder:

Financing Contingency (number of days to secure financing):    Loan Amount (if applicable):

  Purchaser intends to close in cash (no lender contingency)

Due Diligence; Inspections

Due Diligence Period (days):    Purchaser Access for Inspections:

Closing and Possession

Anticipated Closing Date:    Possession Date:

Title and Conveyance

Type of Deed to be Delivered:    General Warranty    Special Warranty    Quitclaim

Title Insurance Required:    Title Objection Period (days):

Disclosures

Lead-Based Paint Disclosure: Yes   No

Mold / Water Intrusion History: Yes   No

Prior Structural Damage or Repair History: Yes   No

Representations, Warranties and Conditions

Seller represents and warrants that Seller is the lawful owner of the Property with authority to sell, that there are no undisclosed material liens or litigation affecting the Property other than those disclosed in this Offering, and that to Seller's knowledge the Property is not subject to material code violations. These representations shall survive closing for a period of 12 months unless otherwise agreed in a definitive purchase agreement.

Confidentiality; Reliance

This Offering and any information provided with it are confidential, proprietary to Seller and provided to Purchaser for the sole purpose of evaluating the proposed transaction. Purchaser shall not disclose or use such information except to evaluate and negotiate the transaction. Purchaser acknowledges that all information is provided without warranty as to completeness or accuracy; Purchaser must independently verify all material facts and conditions.

Default; Remedies

If Purchaser fails to timely close in breach of a subsequently executed purchase agreement, Seller may retain earnest money as liquidated damages in an amount reasonably calculated to compensate for Seller's harm, or pursue specific performance or other legal remedies. If Seller fails to convey marketable title or otherwise breaches, Purchaser's remedies shall include return of earnest money and all rights to pursue specific performance or damages as allowed by contract and law.

Governing Law; Entire Agreement

This Offering shall be governed by the laws of the state in which the Property is located. This Offering, when accepted and signed by Seller and Purchaser, shall form the basis for a binding agreement and, together with any definitive purchase agreement executed by the parties, shall constitute the entire agreement between the parties with respect to the subject matter hereof.

Acceptance

This Offering is open for acceptance by Seller until: . Acceptance must be in writing and signed by the authorized representatives of both parties. Until acceptance is signed by Seller, Purchaser may withdraw the offer in writing.

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