Sale and Purchase of the Property. Seller agrees to sell and convey the Property to Purchaser, and Purchaser agrees to purchase the Property from Seller, for a total purchase price of Dollars ($ ) (the “Purchase Price”), comprised of the Hammer Price plus a buyer’s premium (payable by Purchaser to Auctioneer for Auctioneer’s own account) in an amount equal to Ten Percent (10%) of the Hammer Price (the “Buyer’s Premium”). Real estate transfer tax shall be calculated on the total Purchase Price (i.e., the Hammer Price plus the Buyer’s Premium).
Appears in 25 contracts
Samples: Realty Purchase and Sale Agreement, Realty Purchase and Sale Agreement, Realty Purchase and Sale Agreement
Sale and Purchase of the Property. Seller agrees to sell and convey the Property to Purchaser, and Purchaser agrees to purchase the Property from Seller, for a total purchase price of Dollars ($ ) (the “Purchase Price”), comprised of the Hammer Price plus a buyer’s premium (payable by Purchaser to Auctioneer for Auctioneer’s own account) in an amount equal to Ten Percent (10%) of the Hammer Price (the “Buyer’s Premium”). Real estate transfer tax shall be calculated on the total Purchase Price (i.e., the Hammer Price plus the Buyer’s Premium).
Appears in 1 contract
Samples: Realty Purchase and Sale Agreement