Real Estate Sell Document

REAL ESTATE SELL DOCUMENT

Parties and Effective Date

Seller Name:

Buyer Name:

Effective Date:

Property Description

Purchase Terms

Purchase Price: $

Deposit Due Date:

Financing contingency applies

Financing Contingency Deadline:

Inspection Period (business days):

Inspection Deadline:

Closing Date:

Possession Date:

Title, Conveyance and Survey

Seller shall convey marketable title by general warranty deed (or other deed agreed by the parties) free of undisclosed liens and encumbrances, subject only to recorded covenants, conditions and restrictions and matters approved by Buyer in writing. Buyer may obtain a survey at Buyer's expense. Seller will deliver evidence of title acceptable to Buyer's title insurer at closing.

Property Condition; Disclosures

Seller warrants that, to Seller's actual knowledge as of the Effective Date, the following statements are true unless otherwise disclosed in writing below.

Lead-Based Paint: Yes No

Known Mold or Water Intrusion: Yes No

Prior Material Structural Damage or Repairs: Yes No

Flood Zone or Repetitive Loss History: Yes No

Repairs and Remediation

Buyer may request repairs identified during the inspection period. Seller's obligation to perform repairs is limited to those items expressly agreed in writing. Seller is not required to undertake structural alterations unless agreed. Any agreed repairs shall be performed in a commercially reasonable manner prior to or at closing.

Default and Remedies

If Buyer defaults, Seller may retain the earnest money as liquidated damages or pursue specific performance or such other remedies as provided by law. If Seller defaults, Buyer may seek specific performance, return of earnest money, or damages. The parties agree that the remedies are cumulative and do not preclude the recovery of attorneys' fees where provided by law or contract.

Representations, Warranties and Indemnity

Seller represents that Seller has the authority to sell the Property, that there are no undisclosed material defects or liens other than those disclosed, and that Seller will indemnify Buyer for losses resulting from breaches of Seller's representations. Buyer represents Buyer has authority to enter into this Agreement and will indemnify Seller for breaches of Buyer's obligations.

Miscellaneous Provisions

Entire Agreement: This Agreement constitutes the entire agreement between the parties and supersedes prior negotiations and agreements. Amendments must be in writing signed by both parties. Time is of the essence with respect to dates and deadlines set forth in this Agreement.

Attorneys' Fees: The prevailing party in any action to enforce this Agreement shall be entitled to recover reasonable attorneys' fees and costs.

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