Form Letter Of Intent - Land Acquisition Page 8

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_____, 2013
Current Survey
Seller will commission a survey on or before this date. Seller
Deadline
(__) days after MEC)
and
Buyer
shall pay 50% each of the cost of the Current
Sec 9.1
Survey.
_____, 2013
Current Survey
Purchaser may terminate the Contract by giving notice to
Objection Deadline
(__) days after MEC)
Seller prior to this date (Earnest Money may be refunded
Sec 9.2
pursuant to Section 25.2).
Inspection Objection
_____, 2013
Purchaser may deliver to Seller written description of
Deadline
(__) days after MEC)
unsatisfactory condition that Purchaser requires Seller to
Sec 10.2
correct; or Purchaser has right to terminate on or before
this date if property inspection is unsatisfactory by
delivering written Notice to Terminate to Seller(Earnest
Money may be refunded pursuant to Section 25.2).
_____, 2013
Inspection Resolution
If Seller receives an Inspection Objection on or before
Deadline
(__) days after MEC)
_________; Purchaser and Seller shall agree to resolve any
Sec 10.3
unsatisfactory conditions by this date or Purchaser and
Seller agree to terminate contract.
Property Insurance
_____, 2013
Purchaser may terminate the Contract by giving notice to
Objection Deadline
(__) days after MEC)
Seller prior to this date based on any unsatisfactory
10.5
provision of the Property Insurance (Earnest Money may be
refunded pursuant to Section 25.2).
Due Diligence
_____, 2013
Seller shall deliver copies of all due diligence documents on
Documents Delivery
(__) days after MEC)
or before this date.
Sec 10.6
Deadline
Due Diligence
_____, 2013
Purchaser may terminate the Contract by giving notice to
Documents Objection
(__) days after MEC)
Seller prior to this date based on any unsatisfactory matter.
Sec 10.7
Deadline
(Earnest Money may be refunded pursuant to Section 25.2).
Environmental
_____, 2013
Purchaser may terminate the Contract by giving notice to
Inspection Objection
(__) days after MEC)
Seller prior to this date based on any unsatisfactory matter.
Sec 10.8
Deadline
(Earnest Money may be refunded pursuant to Section 25.2).
_____, 2013
ADA Evaluation
Purchaser may terminate the Contract by giving notice to
Objection Deadline
(__) days after MEC)
Seller prior to this date based on any unsatisfactory matter.
Sec 10.8
(Earnest Money may be refunded pursuant to Section 25.2).
_____, 2013
Tenant Estoppel
Seller shall deliver to Purchaser from each occupant a
Statements Deadline
(__) days after MEC)
tenant estoppel form attached to each lease on or before
Sec 11.1
this date.
_____, 2013
Tenant Estoppel
Purchaser may terminate the Contract by giving notice to
Statements Objection
(__) days after MEC)
Seller prior to this date based on any unsatisfactory matter.
Deadline
Sec 11.2
(Earnest Money may be refunded pursuant to Section 25.2).
Closing Date
_____, 2013
Closing shall occur at the offices of Land Title Guarantee
Sec 12
st
(__) days after MEC)
Company, located at 3033 East 1
Street, Suite 600,
Denver CO 80206 (303)331-6231
Commissions
_____, 2013
<Names>
Exclusive Right-to-Sell
(At Closing)
Agreement

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