Real Estate Property Package

Real Estate Property Package

Parties and Transaction Date

This Real Estate Property Package (the "Package") is delivered as an offer and summary of material information, terms, and conditions relating to the proposed sale of the property described below. The parties to any resulting contract shall be bound only by a separate written Purchase Agreement executed by the parties.

Property Identification

Financial and Transaction Terms

Purchase Price: $  Earnest Money Deposit: $

Inspection Period: Buyer shall have days from execution of a Purchase Agreement to complete inspections. Closing Date:  Possession Date:

Financing Contingency: Financing contingency applies: Yes    No

Property Condition and Disclosures

Seller represents and warrants to the best of Seller's knowledge that the following statements are accurate as of the date of this Package. Buyer acknowledges that Buyer will rely on Buyer's own due diligence prior to purchase.

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

Known Mold or Water Intrusion: Yes    No

Prior Structural or Fire Damage: Yes    No

Flood Zone or Special Hazard Area: Yes    No

Representations, Warranties and Indemnities

Seller represents that Seller is the legal owner of the Property and has full authority to provide this Package. Seller further represents that Seller will, at closing, convey marketable title free of encumbrances except as disclosed. Buyer acknowledges that except for express written representations in a mutually executed Purchase Agreement, Seller makes no other warranties and the Property is offered in its present condition.

Brokers and Commissions

Broker(s) involved:

Commission Amount: $  Payable by:

Attachments and Supporting Documents

The following documents are provided as part of this Package. Check those included:

Survey

Title Report / Commitment

Rent Roll

Environmental Reports

Photos / Floor Plans

Other attachments:

Default, Remedies and Governing Law

In the event of default by a party under a subsequently executed Purchase Agreement, the non-defaulting party's remedies shall be as provided in that Purchase Agreement and, subject thereto, shall include specific performance, recovery of damages, and costs and reasonable attorneys' fees. This Package and any Purchase Agreement arising from it shall be governed by the laws of the state in which the Property is located.

Entire Package and Severability

This Package constitutes a presentation of information and terms and does not by itself create a binding obligation to sell or purchase. Any binding obligation shall arise only upon execution of a separate Purchase Agreement signed by Seller and Buyer. If any provision of this Package is held unenforceable, the remaining provisions shall remain in full force and effect.

Acknowledgement and Certification

The undersigned certify that they are authorized to provide the information contained in this Package on behalf of the party they represent, and that to the best of their knowledge the statements and attachments are true and correct as of the Package Date. The undersigned acknowledge that Buyer will perform independent due diligence and that Seller disclaims any warranty except as may be expressly set forth in a mutually executed Purchase Agreement.

Sign Now