NO CONTINGENCY FOR BUYER TO OBTAIN. FINANCING. The residue of the purchase price shall be payable as follows: Cash at Settlement on or before December 20, 2023. If closing does not occur on or before December 20, 2023, Buyer shall be in default. Seller may, in its sole discretion, permit closing after this date, and, in such case, shall charge the Buyer interest at the rate of 12% per annum of the total purchase price which shall be due and payable at closing. The Seller agrees to convey the said Property with a Special Warranty Deed, same to be prepared at the expense of the Seller and the cost of Xxxxxxxx Xxxxxxx’s tax shall be borne by the Seller. It is agreed that the Property is being conveyed free and clear of all liens and indebtedness. It is agreed that the Property is to be conveyed subject to any recorded conditions, easements and restrictions.
NO CONTINGENCY FOR BUYER TO OBTAIN. FINANCING. The residue of the purchase price shall be payable as follows: Cash at Settlement on or before June 20, 2023 (the “Settlement Date”). If closing does not occur on or before Settlement Date, Buyer shall be in default. Seller may, in its sole discretion, permit closing after this date, and, in such case, shall charge the Buyer interest at the rate of 12% per annum of the total purchase price which shall be due and payable at closing. The Seller agrees to convey the said Property with a General Warranty Deed, same to be prepared at the expense of the Seller and the cost of Xxxxxxxx Xxxxxxx’s tax shall be borne by the Seller. It is agreed that the Property is being conveyed free and clear of all liens but subject to all rights, reservations, covenants, conditions, easements, rights-of-way, and restrictions of record, as the same may lawfully apply to the Property, and to all matters which would be disclosed by a survey and inspection of the Property.
NO CONTINGENCY FOR BUYER TO OBTAIN. FINANCING. The residue of the purchase price shall be payable as follows: Cash at Settlement on or before January 30, 2018. If closing does not occur on or before January 30, 2018, Buyer shall be in default. Seller may, in its sole discretion, permit closing after this date, and, in such case, shall charge the Buyer interest at the rate of 12% per annum of the total purchase price which shall be due and payable at closing. The Seller agrees to convey the said Property with a Special Warranty Deed, same to be prepared at the expense of the Seller and the cost of North Carolina Grantor’s tax shall be borne by the Seller. It is agreed that the Property is being sold as is. It is agreed that the Property is to be conveyed subject to any recorded conditions, easements and restrictions.
NO CONTINGENCY FOR BUYER TO OBTAIN. FINANCING. The residue of the purchase price shall be payable as follows: Cash at Settlement on or before July 5, 2016. If closing does not occur on or before July 5, 2016, Buyer shall be in default. Seller may, in its sole discretion, permit closing after this date, and, in such case, shall charge the Buyer interest at the rate of 12% per annum of the total purchase price which shall be due and payable at closing. The Seller agrees to convey the said Property with a General Warranty Deed, same to be prepared at the expense of the Seller and the cost of Xxxxxxxx Xxxxxxx’s tax shall be borne by the Seller. It is agreed that the Property is being conveyed free and clear of all liens and indebtedness. It is agreed that the Property is to be conveyed subject to any recorded conditions, easements and restrictions. *Auction Tract 1 only:
NO CONTINGENCY FOR BUYER TO OBTAIN. FINANCING. The residue of the purchase price shall be payable as follows: Cash at Settlement on or before August 21, 2017. If closing does not occur on or before August 21, 2017, Buyer shall be in default. Seller may, in its sole discretion, permit closing after this date, and, in such case, shall charge the Buyer interest at the rate of 12% per annum of the total purchase price which shall be due and payable at closing. The Seller agrees to convey the said Property with a General Warranty Deed, same to be prepared at the expense of the Seller and the cost of Mississippi Grantor’s tax shall be borne by the Seller. It is agreed that the Property is being conveyed free and clear of all liens and indebtedness. It is agreed that the Property is to be conveyed subject to any recorded conditions, easements and restrictions. PROPERTY CONDITION DISCLOSURE STATEMENT (PCDS): AUCTION TRACTS 1, 2, 4, 6 AND 8 ONLY: The Buyer has (X)/ has not ( ) been furnished a PCDS form prior to signing this Agreement. Buyer acknowledges that it has inspected the above-described Property to its satisfaction, and agrees to accept the Property in its present condition, unless otherwise specified herein.
NO CONTINGENCY FOR BUYER TO OBTAIN. FINANCING. The residue of the purchase price shall be payable as follows: Auction Tracts 1-3 only- Cash at Settlement on or before the later of: (i) August 15, 2016, or (ii) within five (5) business days after Seller can obtain a final approved subdivision plat in the configuration the Property sells in at auction (the “Closing Date”). Provided however, if Buyer is purchasing all three (3) Auction Tracts 1-3 and does not want to pursue the proposed subdivision, then the Closing Date for Auction Tracts 1-3 shall be August 15, 2016. If closing does not occur on or before the Closing Date, Buyer shall be in default. Seller may, in its sole discretion, permit closing after this date, and, in such case, shall charge the Buyer interest at the rate of 12% per annum of the total purchase price which shall be due and payable at closing. Auction Tracts 4 & 5 only- Cash at Settlement on or before August 15, 2016. If closing does not occur on or before August 15, 2016, Buyer shall be in default. Seller may, in its sole discretion, permit closing after this date, and, in such case, shall charge the Buyer interest at the rate of 12% per annum of the total purchase price which shall be due and payable at closing. The Seller agrees to convey the said Property with a Special Warranty Deed, same to be prepared at the expense of the Seller and the cost of Xxxxxxxx Xxxxxxx’s tax shall be borne by the Seller. It is agreed that the Property is being conveyed free and clear of all liens and indebtedness. It is agreed that the Property is to be conveyed subject to any recorded conditions, easements and restrictions, including but not limited to those matters disclosed in that certain Commitment for Title Insurance issued by Fidelity National Title Insurance Company attached hereto as Schedule B (the “Title Commitment”).
NO CONTINGENCY FOR BUYER TO OBTAIN. FINANCING. The residue of the purchase price shall be payable as follows: Cash at Settlement on or before September 10, 2021 (the “Settlement Date”). If closing does not occur on or before Settlement Date, Buyer shall be in default. Seller may, in its sole discretion, permit closing after this date, and, in such case, shall charge the Buyer interest at the rate of 12% per annum of the total purchase price which shall be due and payable at closing. The Seller agrees to convey the said Property with a Special Warranty Deed, same to be prepared at the expense of the Seller and the cost of Xxxxxxxx Xxxxxxx’s tax shall be borne by the Seller. It is agreed that the Property is being conveyed free and clear of all liens but subject to all rights, reservations, covenants, conditions, easements, rights-of-way, and restrictions of record, as the same may lawfully apply to the Property, and to all matters which would be disclosed by a survey and inspection of the Property. MECHANIC’S LIEN DISCLOSURE: (a) Virginia law (Virginia Code §43-1 et seq.) permits persons performing labor or furnishing materials of the value of $50 or more, including the reasonable rental or use value of equipment, for site development improvements and/or for the construction, removal, repair or improvement of any building or structure permanently annexed to the Property shall have a lien, if perfected, against the Property. This lien may be filed at any time after the work is commenced or the material is furnished, but not later than 90 days from the last day of the month in which the lienor last performs labor or furnishes materials, and in no event later than 90 days from the time such building or structure is completed or the work thereon is otherwise terminated. AN ENFORCEABLE LIEN FOR WORK PERFORMED OR MATERIALS PROVIDED PRIOR TO THE DATE OF SETTLEMENT MAY BE FILED AFTER SETTLEMENT. LEGAL COUNSEL SHOULD BE CONSULTED.
NO CONTINGENCY FOR BUYER TO OBTAIN. FINANCING. The residue of the purchase price shall be payable as follows: Cash at Settlement on or before January 31, 2023 (the “Settlement Date”). If closing does not occur on or before Settlement Date, Buyer shall be in default. Seller may, in its sole discretion, permit closing after this date and, in such case, shall charge the Buyer interest at the rate of 12% per annum of the total purchase price, which shall be due and payable at closing.
NO CONTINGENCY FOR BUYER TO OBTAIN. FINANCING. The residue of the purchase price shall be payable as follows: Cash at Settlement on or before July 22, 2016. If closing does not occur on or before July 22, 2016, Buyer shall be in default. Seller may, in its sole discretion, permit closing after this date, and, in such case, shall charge the Buyer interest at the rate of 12% per annum of the total purchase price which shall be due and payable at closing. The Seller agrees to convey the said Property with a Special Warranty Deed, same to be prepared at the expense of the Seller and the cost of Xxxxxxxx Xxxxxxx’s tax shall be borne by the Seller. It is agreed that the Property is being conveyed free and clear of all liens and indebtedness. It is agreed that the Property is to be conveyed subject to any recorded conditions, easements and restrictions. PROPERTY OWNER’S ASSOCIATION DISCLOSURE: The Seller represents that the Property ( ) is, OR ( ) is not located within a development which is subject to the Virginia Property Owners Association Act (Sections 55-508 through 55-516 of the Code of Virginia) (the “Act”).
NO CONTINGENCY FOR BUYER TO OBTAIN. FINANCING. The residue of the purchase price shall be payable as follows: Cash at Settlement on or before approximately January 10, 2023 (the “Settlement Date”). This date will be 45 days from actual approval by the Circuit Court of Xxxxx County, Virginia. If closing does not occur on or before Settlement Date, Buyer shall be in default. Seller may, in its sole discretion, permit closing after this date and, in such case, shall charge the Buyer interest at the rate of 12% per annum of the total purchase price, which shall be due and payable at closing. The Seller agrees to convey the said Property with a Special Warranty Deed, same to be prepared at the expense of the Seller, and the cost of Xxxxxxxx Xxxxxxx's tax shall be borne by the Seller. It is agreed that the Property is being conveyed free and clear of all liens but subject to all rights, reservations, covenants, conditions, easements, rights-of-way, and restrictions of record, as the same may lawfully apply to the Property, and to all matters which would be disclosed by a survey and inspection of the Property.
