Common use of Sale of Another Property Clause in Contracts

Sale of Another Property. Buyer’s obligations under this Agreement are contingent upon Buyer’s sale and closing of Buyer’s property located at: XXXXXXX MONEY. After acceptance by all Parties, the Buyer agrees to make a payment in the amount of $ (“Xxxxxxx Money”) as consideration no later than , 20 at ☐AM ☐PM. The Xxxxxxx Money shall be applied to the Purchase Price at Closing and subject to Buyer’s ability to perform under the terms of this Agreement. Any Xxxxxxx Money accepted ☐is ☐is not required to be placed in a separate trust or escrow account in accordance with State law. DISCLOSURES. Seller shall provide Buyer with all disclosures, including signed disclosure forms, as required by federal, state and local law. Seller shall disclose to Buyer in writing any defects in the Property known to Seller that materially affect the value or quiet enjoyment of the Property. Buyer’s obligations under this Agreement are contingent upon Buyer’s review and approval of all required Seller disclosures and reports, including any preliminary title report. It is acknowledged by the Parties that: ❑ There are no attached addendums or disclosures to this Agreement. ❑ The following addendums or disclosures are attached to this Agreement: ❑ Lead-Based Paint Disclosure Form ❑ Other: ❑ Other: ❑ Other: SELLER REPRESENTATIONS AND WARRANTIES. Seller represents and warrants that:

Appears in 6 contracts

Samples: Kansas Real Estate Purchase Agreement, Montana Real Estate Purchase Agreement, California Real Estate Purchase Agreement

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