Offer to Purchase Real Estate

This document is part of the Package "Purchase of Real Estate Starter Kit" | 15 docs included
Document Sample
Offer to Purchase Real Estate
Real Estate Offer







This Real Estate Offer gives the buyer the tools

needed to buy a plot of real property, and serves as

a starting point for future negotiations.









ALL INFORMATION AND FORMS ARE PROVIDED “AS IS” WITHOUT ANY WARRANTY,

EXPRESS, IMPLIED, OR OTHERWISE, INCLUDING AS TO THEIR LEGAL EFFECT AND

COMPLETENESS. They are for guidance and should be modified to meet your needs and the

laws of your state. Use at your own risk. Docstoc and anyone who participated in providing or

© Copyright 2010 modifying registered document creating or entering into an Attorney-Client relationship. Docstoc

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does not provide legal advice. The information and forms are not a substitute for the advice of

your own attorney.

OFFER TO PURCHASE REAL PROPERTY



The property referred to herein shall be identified as follows: the land and buildings

situated on and together with a lot of land containing _______________Square Feet,

more or less, located at _____________________________________________ and

further described in the __________________________County Registry of Deeds

Book ________ Page ________ (the “Property”).



I hereby offer to buy said Property for a total purchase price of [PURCHASE PRICE]

on the following terms and conditions:



Terms



SECTION 1. FINANCING TERMS.



A. Obtaining the loan(s) referenced in Paragraph C and Paragraph D of this Section

1 is a contingency of this Agreement.



B. Initial Deposit: _____________________



C. First Loan in the Amount of: ______________________



D. Additional Financing Terms: ______________________



E. Balance of Purchase Price: ______________________



SECTION 2. EXPIRATION OF OFFER.



This offer shall be deemed revoked and the Initial Deposit shall be returned unless the

offer is signed by Seller and a Copy of the signed offer is personally received by Buyer

on or before [TIME] on [DATE].



SECTION 3. FURTHER ASSURANCES.



The parties hereto shall, on or before _____________________ AM/PM on

______________, _____ execute a [APPLICABLE STANDARD FORM] or any form

substantially similar thereto, which, when executed, shall more fully memorialize the

terms and conditions between the parties.



SECTION 4. MARKETABLE TITLE.



A good and sufficient Deed, conveying a good and clear record and marketable title

shall be delivered by 12:00 Noon on __________________, ________, at the

appropriate Registry of Deeds, unless some other time and place are mutually agreed

upon in writing.





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SECTION 5. DEFAULT.



If Purchaser does not fulfill the obligations under this Offer, the above mentioned

Initial Deposit shall be forfeited by Purchaser and shall become property of the Seller.



SECTION 6. TIME IS OF THE ESSENCE.



Time is of the essence with respect to all provisions of this Offer to Purchase Real

Property that specify a time for performance; provided, however, that the foregoing shall

not be construed to limit or deprive a party of the benefits of any grace or use period

allowed herein.



SIGNED BY:



__________________________________

[BUYER’S NAME]







ACCEPTED BY:



__________________________________

[SELLER’S NAME]









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benefits of any grace or use period

allowed herein.



SIGNED BY:



__________________________________

[BUYER’S NAME]







ACCEPTED BY:



__________________________________

[SELLER’S NAME]









© Copyright 2010 Docstoc Inc. registered document proprietary, copy not 3


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