Real Estate Purchase And Sale Agreement (Non-Residential)

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Real Estate Purchase and Sale Agreement
(NON-RESIDENTIAL)
THIS CONTRACT CONTROLS THE TERMS OF THE SALE OF REAL PROPERTY,
THIS IS A LEGALLY BINDING CONTRACT
DATED this
day of
, 20
.
I. PARTIES:
A. Seller: Spokane County, a political subdivision of the State of Washington.
B. Purchaser(s):
(Husband and Wife) (a single person)(Corporation, L.L.C., Partnership, etc.)
II. PROPERTY:
A. Tax Parcel Number(s):
B. Legal Description:
C. Included Items: All structures and improvements existing on the property as of the date
of this agreement, along with all personal property existing on the
property at the time of closing.
III. PURCHASE PRICE:
($
) including Earnest Money in the amount of
(minimum of 1% of the offered purchase price); to be
deposited by the Purchaser(s) in the form of cash to be held by the Closing Agent. Purchaser agrees
to pay the purchase price in full in cash at closing. The Purchaser hereby represents that
Purchaser(s) have available sufficient funds to close this sale in accordance with this agreement, and
is not relying upon any contingent source of such funds unless otherwise specifically set forth
herein.
IV. CONTINGENCIES:
A. Seller Contingencies:
1. Property Declared as surplus by Spokane County;
2. Appraisal of the property obtained by Spokane County;
3. Property announced for sale at a 2:00 p.m. meeting of the Board of County
Commissioners with at least 10 days notice in a newspaper recognized for legal
notices;
4. Property offered for sale at 5:00 p.m. meeting of the Board of County
Real Estate Purchase and Sale Agreement
Page - 1

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