Standard Real Estate Purchase And Sale Agreement Page 5

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a. “Seller” and “Buyer” shall include male and female and neuter, singular and plural,
corporation, partnership or individual, as may fit the particular parties.
b. Seller warrants that there are no building code violations on the Property.
c. This Agreement contains the entire agreement of the parties hereto and no representations,
inducements, promises or agreements, oral or otherwise, between the parties, not
embodied herein unless contained in a modification in writing executed by all parties
hereto, shall be of any force or effect. Any other offers, agreements or statements between
the parties not embodied in this Agreement is hereby waived and relinquished.
d. Each person executing or attesting this Agreement warrants and represents that he or she
is fully authorized to do so. Each person also stipulates that he or she has been afforded
an adequate opportunity to read this Agreement in its entirety and that all signatures are
given knowingly, voluntarily, and with full awareness of the terms and conditions contained
herein.
e. The parties agree that this Agreement has been prepared after negotiations and, as a
result, neither party may be considered the sole author thereof, and it should not be
construed in favor or against either party by a court of competent jurisdiction.
f.
This Agreement shall be construed under the laws of the state of
_________________________.
g. This Agreement may be executed in counterparts, and each counterpart, and all
counterparts together, shall constitute the original Agreement.
h. This Agreement shall survive closing and shall not merge in any deed or conveyance.
i.
At Buyer’s option, Seller shall secure performance of this Agreement by execution of a
security instrument in favor of Buyer.
j.
The invalidity or unenforceability of any provision of this Agreement shall not affect the
validity or enforceability of any other provision of this Agreement, which shall remain in full
force and effect.
k. Execution of this Agreement constitutes waiver of any other offers or promotions not
explicitly referenced herein.
l.
Seller stipulates that this Agreement is the only agreement for the purchase and sale of the
Property that is in effect as of the Effective Date.
18. TERMINATION. This Agreement may not be terminated unless otherwise provided herein. In the
event that either party has the right to terminate this Agreement, such termination shall not be effective
unless the non-terminating party receives notice in the required time and the non-terminating party
further receives a refund of any money paid hereunder.
With their signatures below, the parties hereto agree to the terms and conditions herein and
acknowledge receipt of a complete original copy of this Agreement.

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