Buyer Initials. Date: Buyer Initials: Date: Agent: Date: NOTICE: XXX XXXXXX 0X XXXX XX XXXX XXXXXX BROKER COMPENSATION IS NOT FIXED BY LAW. IT IS SET BY EACH BROKER INDIVIDUALLY AND MAY BE NEGOTIATED BETWEEN YOU AND THE BROKER.
Buyer Initials. Buyer Initials: Seller Initials: Seller Initials:
Buyer Initials. SELLER INITIALS: ___________ TO THE EXTENT REQUIRED UNDER APPLICABLE LAW, THE PARTIES AGREE THAT THE DISCLAIMERS IN THIS AGREEMENT ARE "CONSPICUOUS"DISCLAIMERS FOR PURPOSES OF ANY APPLICABLE LAW. ALL OF THE MATTERS SET FORTH ABOVE IN SECTIONS 7.4, 7.5 AND 7.6 ARE EXPRESSLY SUBJECT TO AND CONDITIONED ON SELLER'S FULL COMPLIANCE WITH ALL DISCLOSURE REQUIREMENTS UNDER APPLICABLE LAW.
Examples of Buyer Initials in a sentence
Seller Initials Buyer Initials Additional Written Disclosure Requirements FIRST SALE OF A DWELLING: Section 55-518.B. contains other disclosure requirements for transfers involving the first sale of a dwelling because the first sale of a dwelling is exempt from the disclosure requirements listed above.
More Definitions of Buyer Initials
Buyer Initials. SELLER INITIALS:____________
Buyer Initials. SELLER’S INITIALS: _________ The word “Contamination”, as used herein, shall mean any hazardous or toxic material, substance, chemical or waste, contaminant, emission, discharge or pollutant or comparable material listed, identified or regulated pursuant to any federal, state or local law, ordinance or regulation which has as a purpose the protection of health, safety or the environment, including Hydrocarbons and other minerals, petroleum or petroleum products, drilling wastes or any other wastes derived therefrom. Other than as set forth in Article 4.12, the provisions of this Agreement are not a representation or warranty by Seller that there is no Contamination in, under, upon, around or emanating from any of the Properties. The provisions of this Agreement are not an admission by Seller as to the existence of any Contamination in, under, upon, around or emanating from any of the Properties.
Buyer Initials. ASC Page 2 of 9 Seller Initials: 1. By this Agreement, dated ___July 19,2024 , Seller xxxxxx agrees to sell and convey to Xxxxx, who agrees to purchase, the identified Property. 2. PURCHASE PRICE AND DEPOSITS (3-15) (A) Purchase Price $ 625,788.00 ( Six Hundred Twenty-Five Thousand, Seven Hundred Eighty-Eight U.S. Dollars), to be paid as follows: 1. Initial Deposit, within days (5 if not specified) of Execution Date, if not included with this Agreement: $ 60,000.00 2. Additional Deposit within days of the Execution Date: $ 3. $ Remaining balance will be paid at settlement. (B) All funds paid by Buyer, including deposits, will be paid by check, cashier’s check or wired funds. All funds paid by Buyer within 30 DAYS of settlement, including funds paid at settlement, will be by cashier’s check or wired funds, but not by personal check. (C) Deposits, regardless of the form of payment and the person designated as payee, will be paid in U.S. Dollars to Broker for Seller (unless otherwise stated here: Deposit will be held by Anvil Land Transfer Company ), who will retain deposits in an escrow account in conformity with all applicable laws and regulations until consummation or termina-tion of this Agreement. Only real estate brokers are required to hold deposits in accordance with the rules and regulations of the State Real Estate Commission. Checkstendered as deposit monies may be held uncashed pending the execution of this Agreement. 3.
Buyer Initials. ASC Page 3 of 9 Seller Initials: First Loan on the Property Loan Amount $ years Type of Loan Interest rate %; however, Xxxxx agrees to accept the interest rate as may be committed by the lender, not to exceed a maximum interest rate of %. Second Loan on the Property Loan Amount $ years Type of Loan Interest rate %; however, Xxxxx agrees to accept the interest rate as may be committed by the lender, not to exceed a maximum interest rate of %. (B) INCLUDED in this sale are all existing items permanently installed in the Property, free of liens, including plumbing; heating; HVAC equipment; lighting fixtures (including chandeliers and ceiling fans); and water treatment systems, unless otherwise stated below; any remaining heating, cooking and other fuels stored on the Property at the time of settlement. Also included: (C) The following items are not owned by Seller and may be subject to a lease or other financing agreement: (D) EXCLUDED fixtures and items: 6. ZONING (4-14) Failure of this Agreement to contain the zoning classification (except in cases where the property {and each parcel thereof, if subdi-vidable} is zoned solely or primarily to permit single-family dwellings) will render this Agreement voidable at Buyer’s option, and, if voided, any deposits tendered by the Buyer will be returned to the Buyer without any requirement for court action. Zoning Classification, as set forth in the local zoning ordinance: C10 7. BUYER FINANCING (7-22) (A) Buyer may elect to make this Agreement contingent upon obtaining financing for the purchase of the Property. Regardless of any contingency in this Agreement, if Xxxxx chooses to obtain financing, the following apply: 1. Should Buyer furnish false or incomplete information to Seller, Broker(s) or the lender(s) concerning Buyer’s legal or financial status, or fail to cooperate in good faith in processing the financing application, which results in the lender(s) refusing to approve a financing commitment, Buyer will be in default of this agreement. 2. Within ____ days (10 if not specified) from the Execution Date of this Agreement, Buyer will make a completed, written application for the financing terms stated above to a responsible lender(s) of Buyer’s choice. Broker for Buyer, if any, otherwise Broker for Seller, is authorized to communicate with the lender(s) to assist in the financing process. 3. Seller will provide access to insurers’ representatives and, as may be required by the lender(s), to surveyors, municip...