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 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 15 contracts
Samples: Conditions of Sale and Purchase Agreement, Conditions of Sale and Purchase Agreement, Conditions of Sale and Purchase Agreement
