Wb-11 Residential Offer To Purchase Page 5
Download a blank fillable Wb-11 Residential Offer To Purchase in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Wb-11 Residential Offer To Purchase with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1
2
3
4
5275
PROPERTY ADDRESS:
[page 5 of 5, WB-11]
276
OPTIONAL PROVISIONS: THE PROVISIONS ON LINES 278 THROUGH 317 ARE A PART OF THIS OFFER IF MARKED, SUCH AS WITH AN “X”.
277
THEY ARE NOT PART OF THIS OFFER IF MARKED N/A OR ARE LEFT BLANK (EXCEPT AS PROVIDED AT LINES 280 - 281).
278
SALE OF BUYER’S PROPERTY CONTINGENCY: This offer is contingent upon the sale and closing of Buyer’s property
279
located at
, no later than
280
. Seller may keep Seller’s Property on the market for sale and accept secondary offers. If this contingency is
281
made a part of this Offer, lines 282 - 286 are also a part of this offer unless marked N/A at line 282 or otherwise deleted.
282
CONTINUED MARKETING: If Seller accepts a bona fide secondary offer, Seller may give written notice to Buyer of
283
acceptance. If Buyer does not deliver to Seller a written waiver of sale of Buyer’s property contingency and
284
[INSERT OTHER
285
REQUIREMENTS, IF ANY (e.g., PAYMENT OF ADDITIONAL EARNEST MONEY, WAIVER OF ALL CONTINGENCIES, OR PROVIDING
286
EVIDENCE OF SALE OR BRIDGE LOAN, etc.)] within
hours of Buyer’s actual receipt of said notice, this Offer shall be null and void.
287
SECONDARY OFFER: This Offer is secondary to a prior accepted offer. This Offer shall become primary upon delivery of
288
written notice to Buyer that this Offer is primary. Unless otherwise provided, Seller is not obligated to give Buyer notice prior to any
289
deadline, nor is any particular secondary buyer given the right to be made primary ahead of other secondary buyers. Buyer may
290
declare this Offer null and void by delivering written notice of withdrawal to Seller prior to delivery of Seller’s notice that this Offer
291
is primary. Buyer may not deliver notice of withdrawal earlier than
days after acceptance of this Offer. All other Offer
292
deadlines which are run from acceptance shall run from the time this Offer becomes primary.
293
PRE/POST CLOSING OCCUPANCY: Occupancy of
shall be
294
given to Buyer on
at
am/pm. (Seller)(Buyer) STRIKE ONE shall pay an
295
occupancy charge of $
per day or partial day of pre/post-closing occupancy. Payment shall be due at the beginning of the
296
occupancy period. Any unearned post closing occupancy fee (shall)(shall not) STRIKE ONE be refunded based on actual occupancy.
297
CAUTION: Consider a special agreement regarding occupancy, escrow, insurance, utilities, maintenance, keys, etc.
298
INSPECTION CONTINGENCY: This Offer is contingent upon a Wisconsin registered home inspector performing a home
299
inspection of the Property, and an inspection, by a qualified independent inspector, of
300
which discloses no defects as defined below. This contingency
301
shall be deemed satisfied unless Buyer, within
days of acceptance, delivers to Seller, and to listing broker if Property is
302
listed, a copy of the inspector’s written inspection report(s) and a written notice listing the defect(s) identified in the inspection
303
report(s) to which Buyer objects. CAUTION: A proposed amendment will not satisfy this notice requirement. Buyer shall order
304
the inspection and be responsible for all costs of inspection, including any inspections required by lender or as follow-up inspections to
305
the home inspection. Note: This contingency only authorizes inspections, not testing. (See lines 97 - 110.)
306
RIGHT TO CURE: Seller (shall)(shall not) STRIKE ONE have a right to cure the defects. (Seller shall have a right to cure if no choice is indicated.)
307
If Seller has right to cure, Seller may satisfy this contingency by: (1) delivering a written notice within 10 days of receipt of Buyer’s notice of Seller’s election
308
to cure defects, (2) curing the defects in a good and workmanlike manner and (3) delivering to Buyer a written report detailing the work done no later than
309
3 days prior to closing. This Offer shall be null and void if Buyer makes timely delivery of the above notice and report and: (1) Seller does not have a right
310
to cure or (2) Seller has a right to cure but: a) Seller delivers notice that Seller will not cure or b) Seller does not timely deliver the notice of election to cure.
311
“DEFECT” DEFINED: For the purposes of this contingency, a defect is defined as a structural, mechanical or other condition
312
that would have a significant adverse effect on the value of the Property; that would significantly impair the health or safety of future
313
occupants of the Poperty; or that if not repaired, removed or replaced would significantly shorten or have a significant adverse
314
effect on the expected normal life of the Property. Defects do not include structural, mechanical or other conditions the nature and
315
extent of which Buyer had actual knowledge or written notice before signing this Offer.
316
ADDENDA: The attached
is/are made part of this Offer.
317
ADDITIONAL PROVISIONS/CONTINGENCIES
318
319
320
321
This Offer was drafted on
[date] by [Licensee and firm]
.
322
(x)
323
Buyer’s Signature
Print Name Here:
Social Security No. or FEIN
Date
324
(x)
325
Buyer’s Signature
Print Name Here:
Social Security No. or FEIN
Date
326
EARNEST MONEY RECEIPT Broker acknowledges receipt of earnest money as per line 8 of the above Offer. (See lines 247 - 271.)
327
Broker (By)
328
SELLER ACCEPTS THIS OFFER. THE WARRANTIES, REPRESENTATIONS AND COVENANTS MADE IN THIS OFFER
329
SURVIVE CLOSING AND THE CONVEYANCE OF THE PROPERTY. SELLER AGREES TO CONVEY THE PROPERTY ON
330
THE TERMS AND CONDITIONS AS SET FORTH HEREIN AND ACKNOWLEDGES RECEIPT OF A COPY OF THIS OFFER.
331
(x)
332
Seller’s Signature
Print Name Here:
Social Security No. or FEIN
Date
333
(x)
334
Seller’s Signature
Print Name Here:
Social Security No. or FEIN
Date
335
This Offer was presented to the Seller by
on
,
, at
a.m./p.m.
336
THIS OFFER IS REJECTED
THIS OFFER IS COUNTERED [See attached counter]
337
Seller Initials
Date
Seller Initials
Date
FSBO Madison
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Business