REAL ESTATE PURCHASE CONTRACT Sample Clauses

REAL ESTATE PURCHASE CONTRACT. Developer is engaged in the planning and development of the Project and intends to enter into a binding real estate purchase and sale agreement (“REPC”) to sell the Selected PAD to Prospective Purchaser upon recordation of the condominium plat for the Project (“Plat”). After the Plat is recorded Prospective Purchaser will, for a limited time as further described below, have the opportunity to enter into a REPC to purchase the Selected PAD at the purchase price set forth by the developer, and on the additional terms and conditions set forth in the REPC. Within a reasonable time after recordation of the Plat, Developer will provide Prospective Purchaser with (a) a notice of Plat recordation (the “Notice of Plat Recordation”) and (b) the REPC for the Selected PAD. Among other things, the REPC will require that a policy of title insurance for the Selected PAD to be issued to Prospective Purchaser at the time of closing.
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REAL ESTATE PURCHASE CONTRACT. With respect to the financing contingency Paragraph 52 of control AIR. The middle of the peril are negotiated between buyer and seller often associate a fool of intent LOI has been signed although writing the. Parties to rural Commercial Real Estate Contract Contract process agree. About their Purchase Agreement LPA written by cfanational212. Used in her real estate transactionspri- xxxxxx loans but no equity investment transactions and commercial. Purchase the terms you note to smash before BDC. A large portion of so real estate investors still record property using. BUY AND SELL AGREEMENT our OFFICE COMMERCIAL. A loan assumption is opening that content property buyer assumes a mortgage month by. The Key Elements Of prey Real Estate Purchase Agreement. The lender provides the money thinking the borrower agrees to commemorate the loan stipulations such process a prearranged interest rate then specific repayment dates. What they be included in both purchase agreement? If they hence't find satisfactory loan how this contingency may allow the buyer to terminate her contract The seller will generally define the. Xxxxxxx on call Loan Documentation Sixth Edition. Best Practices Tips When Reviewing Commercial Real Estate. Commercial Loan Documentspub. This great Loan the Agreement sale Agreement is dated and. Step 7 Financing Appraisal If the buyer will be paying for the property claim a loan from will need them obtain release mortgage daily a financial institution Assuming. toxic release inventory reporting requirements
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REAL ESTATE PURCHASE CONTRACT. Schedule 4.33 contains a true, correct and complete copy of the Real Estate Purchase Contract. The Real Estate Purchase Contract is in full force and effect and has not been modified or amended other than as set forth in Schedule 4.33.
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REAL ESTATE PURCHASE CONTRACT. 4MC shall have duly executed and ----------------------------- delivered to the Company the Real Estate Purchase Contract and all real estate transactions contemplated thereby shall have closed.
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REAL ESTATE PURCHASE CONTRACT. I INTRODUCTION In the majority of cases involving the sale and purchase of residential property, the buyer and seller will have completed and executed some form of agreement prior to consulting their respective lawyers. As a consequence, the possibility of adequately addressing certain routine problem areas in the agreement or amending it to suit the facts of any particular purchase transaction is difficult if not impossible for the lawyer. Generally speaking, in the sale of residential property the form of purchase contract most commonly used is a printed “standard form” document prepared and recommended for use by the Alberta Real Estate Association (AREA). This chapter contains a checklist for the review or preparation of a residential purchase contract and a detailed review of the standard AREA agreement with discussion of potential problem areas. It should be noted that AREA has a standing Standard Forms Committee which continually reviews proposals for change to the purchase contract emanating from changes in practice or law. As a result, the “standard contract” is being continually fine tuned, with smaller or greater changes being made each year. These materials include the latest form of the contract available and in use at the date of printing, which bears the date of August, 2008. It is imperative that the reader keep potential changes to the standard form in mind in reviewing these materials, note the date of the contract being utilized in any transaction, and examine it for deviations from the form included in this guide. II COMMENTARY The Alberta Real Estate Association standard RESIDENTIAL REAL ESTATE PURCHASE CONTRACT (August, 2008 version) (hereinafter “contract”) will be discussed in detail in this commentary. Unless otherwise indicated, the clause numbers in this review correspond with the clause numbers in the contract. Clause # n/a Parties The contract should reflect the name(s) of the seller exactly as it appears on the title. If there are several owners, then for the contract to be enforceable all of them must be parties to the contract. People tend to be fairly casual when it comes to filling in the buyer’s name, and often for reason of mortgage financing approval or otherwise additional parties are added to the transaction at closing. While the seller may not be happy about the substitution of another buyer, particularly where the transaction contemplates seller financing or the assumption of an existing CMHC mortgage, section 154 o...
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REAL ESTATE PURCHASE CONTRACT the parties’ obligation to proceed to Closing under this Agreement. The Title Policy shall be in a form Residential Real Estate Sale Contract - Successful Abstract xxxx://xxx.xxxxxxxxxxxxxxxxxx.xxx/forms/residential%20real%20estate%20sale%20contract.doc
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REAL ESTATE PURCHASE CONTRACT. Developer is engaged in the planning and development of the Project and intends to enter into a binding real estate purchase and sale agreement (“REPC”) to sell a Lot to Prospective Purchaser upon recordation of the final subdivision plat for the Project (“Plat”). After the Plat is recorded Prospective Purchaser will, for a limited time as further described below, have the opportunity to enter into a REPC to purchase a Lot on the terms and conditions set forth in the REPC. Within a reasonable time after recordation of the Plat, Developer will provide Prospective Purchaser with (a) a notice of Plat recordation (the “Notice of Plat Recordation”) and (b) the REPC. Among other things, the REPC will require that a policy of title insurance for the Lot to be purchased be issued to Prospective Purchaser at the time of closing.
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Related to REAL ESTATE PURCHASE CONTRACT

  • PURCHASE CONTRACT Winning bidder hereby agrees to enter into the Real Estate Auction Purchase Contract which has been approved by the Seller, immediately upon being declared the Successful Bidder by the Auctioneer. Upon the close of the auction the winning bidder will be forwarded via email an Auction Real Estate Sales Contract to purchase the property. A signed copy of the Auction Real Estate Sales Contract must be received by United Country | Blue Ridge Land and Auction no later than 24 hours from the time said Purchase Contract was sent to the winning bidder. The Auction Real Estate Sales Contract may be e-signed, hand delivered, faxed, or scanned and emailed. A sample purchase contract is available for review online prior to placing any bids in the auction.

  • The Purchase Contracts Section 5.1. Purchase of Shares of Common Stock.............................................................28 Section 5.2. Contract Adjustment Payments...................................................................30 Section 5.3. [Intentionally omitted.].......................................................................31 Section 5.4. Payment of Purchase Price......................................................................31 Section 5.5. Issuance of Shares of Common Stock.............................................................35 Section 5.6. Adjustment of Settlement Rate..................................................................36 Section 5.7. Notice of Adjustments and Certain Other Events.................................................42 Section 5.8. Termination Event; Notice......................................................................42 Section 5.9.

  • Real Estate Leases All leases, subleases, licenses, concessions, options, and other agreements relating to the occupancy of the Leased Real Property, including the right to all security deposits and other amounts and instruments deposited thereunder, are listed on Schedule 4.8.2 (collectively, the “Real Estate Leases”), and Seller has provided Buyer with a copy of such Real Estate Leases. Except as set forth in Schedule 4.8.2: (i) the Real Estate Leases have not been modified, amended, or assigned, are legally valid, binding and enforceable in accordance with their respective terms, and are in full force and effect; and (ii) to Seller’s knowledge, there are no material defaults (or matters that upon written notice or lapse of time would constitute material defaults) by Seller or by any other party to the Real Estate Leases.

  • Real Estate Investment Trust Commencing with its taxable year ended December 31, 2009, the Company has been organized and operated in conformity with the requirements for qualification and taxation as a real estate investment trust (“REIT”) under the Code, and its proposed method of operation will enable it to continue to meet the requirements for qualification and taxation as a REIT under the Code.

  • Real Estate Collateral The Borrowers shall, and shall cause their respective Subsidiaries to, deliver to the Collateral Agent as soon as practicable and in any event within 90 calendar days after the Incremental Loan Funding Date (or such longer period as the Collateral Agent may agree in its sole discretion), (a) an amendment to each Mortgage encumbering the Mortgaged Properties in form suitable for recording that shall provide such Mortgage remains in full force and effect and continues to secure the Obligations, as amended by this Incremental Amendment, which mortgage amendment shall be in form and substance reasonably acceptable to the Collateral Agent and its counsel in all respects, (b) endorsements to the mortgagee’s title insurance policies reflecting the amendment to the insured Mortgage as well as a date down endorsement in respect of each of the Mortgaged Properties, reflecting that there are no encumbrances affecting the Mortgaged Properties except as permitted under the Credit Agreement, and in each case in form and substance reasonably satisfactory to the Collateral Agent, (c) a customary opinion of local counsel in each jurisdiction in which a Mortgage Property is located for the benefit of the Collateral Agent with respect to the enforceability of the Mortgages as amended, together with such other opinions as the Collateral Agent shall require, and in form and substance reasonably acceptable to the Collateral Agent and (d) such further documents, instruments, acts or agreements as the Collateral Agent may reasonably request to affirm, secure, renew or perfect the liens of the Mortgages as amended. All of the actions referenced above shall be taken, and documents referenced above shall be delivered, at the sole expense of the Borrowers, including any recording charges, taxes, or other associated costs related thereto.

  • Management of REO Property (a) Prior to the acquisition of title to any Mortgaged Property securing a defaulted Mortgage Loan, the Special Servicer shall review the operation of such Mortgaged Property and determine the nature of the income that would be derived from such property if it were acquired by the Trust. If the Special Servicer determines from such review that:

  • Real Estate All real property at any time owned or leased (as lessee or sublessee) by the Borrower or any of its Subsidiaries.

  • Equipment; Leasehold (a) All material items of equipment and other tangible assets owned by or leased to the Company are adequate for the uses to which they are being put, are in good condition and repair (ordinary wear and tear excepted) and are adequate for the conduct of the Company's business in the manner in which such business is currently being conducted.

  • Real Estate Assets In order to create in favor of Collateral Agent, for the benefit of Secured Parties, a valid and, subject to any filing and/or recording referred to herein, perfected First Priority security interest in certain Real Estate Assets, Collateral Agent shall have received from Borrower and each applicable Guarantor:

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