Real Estate Parcel Document

REAL ESTATE PARCEL DOCUMENT

This Real Estate Parcel Document is entered into by the parties identified below for the transfer, identification and certification of the parcel described herein. Seller Name: Buyer Name: Effective Date:

1. Property Identification

Survey Attached: Yes No

2. Transaction Terms

Financing Contingency: Yes No If yes, lender approval period (days):

Prorations at Closing: Real property taxes, assessments, utilities and rents shall be prorated as of the Closing Date unless otherwise agreed in writing. Seller shall be responsible for taxes through the day prior to possession; Buyer thereafter.

3. Title, Escrow and Closing

4. Disclosures

Lead-Based Paint Disclosure (if improvements were constructed prior to applicable regulatory threshold): Yes No

Mold or Water Intrusion Known: Yes No

Prior Material Damage or Repair (fire, flood, structural): Yes No If yes, describe:

Flood Zone or Special Flood Hazard Area: Yes No

5. Environmental and Hazard Matters

Seller represents to the best of Seller's knowledge that there are no unremediated hazardous substances or underground storage tanks on the parcel except as disclosed below:

6. Default and Remedies

If Buyer fails to timely close in accordance with this Agreement, Seller may elect either to (a) retain the earnest money as liquidated damages, which the parties acknowledge is a reasonable estimate of Seller's damages and not a penalty, or (b) pursue specific performance or other available remedies at law or in equity. If Seller fails to convey title at Closing in accordance with this Agreement, Buyer may elect specific performance or termination and return of all deposits plus reasonable costs and expenses, including fees incurred to obtain clear title.

7. Representations and Warranties

Seller represents and warrants that Seller is the lawful owner of the parcel, has authority to enter into this Agreement, and that, to Seller's knowledge, there are no undisclosed liens other than those disclosed in this document. Buyer represents that Buyer has the authority and capacity to enter this Agreement and will timely perform Buyer obligations.

8. Miscellaneous Provisions

Governing Law: This Agreement shall be governed by and construed in accordance with the laws of the state where the parcel is located. Venue for any dispute shall lie in the appropriate court of that state.

Entire Agreement: This document, together with attachments and any executed addenda, constitutes the entire agreement of the parties with respect to the parcel and supersedes all prior agreements and understandings, whether written or oral.

Modification: Any modification must be in writing and signed by both parties. Notices shall be in writing and delivered to the contact addresses provided by the parties below.

9. Contact Information for Notices

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