OFFER TO PURCHASE HELD BY DEPOSIT

An offer was made ______________ (Date), by _____________________________, of ___________________________________________________________ (Address) herein referred to as purchaser, to ________________________________________, of _____________________________________________________________ (Address), herein referred to as seller, through _______________________________________ of _____________________________________________________________ (Address), herein referred to as broker.

The purchaser offers to purchase property and improvements thereon located in the City of _______________________, County of ______________________________, State of ______________________, and described as follows: ________________________ on the following terms and conditions:

The total price is _____________ ($ _____ ). The purchaser has paid _____________ ($ _____ ) earnest money to the broker and agrees to pay the broker the remaining ________________ ($ _____ ) on the acceptance of this offer. The remainder of the purchase price shall be paid in the following manner: ________________________

____________________________.

The property is to be free from encumbrances except taxes for the current year, which are to be prorated. For purposes of this offer the following shall not be considered as encumbrances on the property: ____________________________________________. Interest on deferred payments and encumbrances shall be paid or adjusted by seller to _______________________ (Date), and thereafter paid.

The following fixtures shall be included as part of the property: ______________________________________________________________________

The purchaser shall be entitled to possession of the property and assume all risks of loss or destruction from ____________________ (Date).

At brokers option, the closing of this transaction may be performed by an attorney or bank, purchaser agrees to pay ________________ ($ _____ ) amount of the attorneys or banks charges.

This offer shall not bind seller unless accepted on or before _____________ (Time), on _________________ (Date). It shall be binding on purchaser from the date of this offer and may not be canceled.

 

_________________________ _____________________

Signature Date

 

_________________________ _____________________

Signature Date

RECEIPT OF EARNEST MONEY

This is to acknowledged by the undersigned, as agent for seller, of ________________ ($ _____ ) earnest money received from purchaser subject to the terms and conditions of the offer.

 

_________________________ _____________________

Signature Date

 

_________________________ _____________________

Signature Date

ACCEPTANCE BY SELLER

I approve and accept the offer set forth above and agree to carry out all the terms of the offer. I agree to promptly pay any unpaid balance on any _______________________. I agree to pay a brokers commission of ________________ ($ _____ ).

 

_________________________ _____________________

Signature Date

 

_________________________ _____________________

Signature Date



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