Fill and Sign the Sale Agreement of Escheat Property Form

SALE AGREEMENT OF ESCHEAT PROPERTY This agreement of sale made in triplicate this __________ day of ________________, 19______between __________________________ Escheator (hereinafter known as Seller) and ___________________________ (hereinafter known as Buyer) and _______________________ (hereinafter known as Agent). ____________________________________ WITNESS That for and in consideration of the full purchase price of $ _________________ by cash/check in hand paid, receipt of which is hereby acknowledged, the Seller agrees to sell and the Buyer agrees to buy all that certain lot or parcel of land with all the appurtenances (if any) thereunto belonging and described as follows: _____________________________________________________________________________________________________________________. The seller agrees to obtain a state grant. It is hereby understood that GRANTS for lots, parcels and acreage sold pursuant to this agreement shall be without warranty and in accordance with ฀55-186.1 of the Code of Virginia. The recovery of proceeds of each sale from the Commonwealth, less the expenses of sale and the escheator's fee, may be obtained if the Buyer, pursuant to ฀55-200 of the Code of Virginia, submits satisfactory evidence to the State Treasurer within 120 days of the sale that the escheat property does not exist or was improperly escheated. WITNESS the following signatures and seals made this _______ day of _____________, 19_______. (SEAL) ____________________________________ Agent ____________________________________ Escheator for Buyer ____________________________________ Seller VA-02359