Sample Sales Agreement And Deposit Receipt Template printable pdf download

SALES AGREEMENT AND DEPOSIT RECEIPT

day of August, 2012, between the (“Buyer”):

THIS AGREEMENT, made this the 23

Name:

Address:

Phone:

Fax:

Email:

and BANK OF NEW HAMPSHIRE (f/k/a Laconia Savings Bank), of 62 Pleasant Street,

Laconia, NH 03246, the (“Seller”). _______________________________________.

WITNESSETH: The undersigned Seller and Buyer agree as follows:

The Buyer is the successful bidder at a Foreclosure Sale conducted by the Seller of

the property located at 118 Seavey Rd., Belmont, Belknap County, New Hampshire

(the “Premises”). The successful bid was $__________________.

The Seller acknowledges receipt of $_____________, which was paid pursuant to the

requirements of the Notice of Foreclosure for said property.

Said deposit shall be forfeited if Buyer does not pay the remainder of the bid as

required by said Notice.

Seller shall deliver a Foreclosure Deed to Buyer, and Buyer shall tender the

remainder of the bid price to the Seller within 45 days of the Foreclosure at Seller’s

principal place of business, unless both parties agree on a different location for the

closing.

In the event that Buyer fails to close within 45 days, Buyer's rights under this Sales

Agreement shall be assigned to Seller.

The property shall be conveyed subject to real estate taxes and all liens having

priority over the foreclosed mortgage.

Buyer shall be responsible for the preparation of a New Hampshire Declaration of

Consideration, a settlement statement and any other documentation required for the

transaction other than the foreclosure deed and affidavit which will be executed by

the Seller and provided to Buyer at closing as set forth above. Buyer shall also be

responsible for the payment of all New Hampshire transfer tax assessed on the

transaction, including that portion usually paid by the Seller.

Buyer acknowledges that Seller makes no warranties whatsoever regarding title to, or

condition or possession of, the Premises. THE BUYER ACCEPTS THE PREMISES

IN AN AS-IS CONDITION WITH NO EXPRESS OR IMPLIED WARRANTIES

OF ANY KIND.

Seller has no responsibility to evict any parties from said property. If applicable,

Seller and Buyer shall prorate any rents paid prior to closing as of the Closing Date

and will prorate rents received thereafter so Seller will receive rents owing through

the Closing Date and Buyer will be entitled to any rent for the period following the

Closing Date.

10.

Seller makes no representations concerning mechanic's or materialmen's liens, and

Buyer shall hold the Seller, or any party, harmless from any liens should they exist.

11.

Buyer may not enter upon, trespass, make repairs to, or hire any contractors to work

on the Premises prior to deliver of the foreclosure deed without express written

permission of the Seller.

13.

RSA 477:4-A NOTICE:

Sample Sales Agreement And Deposit Receipt Template

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