|
/~~
<br />Exit Realty Southpoint
<br />1415 NC 54 West, Suite 104
<br />Durham, NC 27707
<br />Phone:919-493-3100, Fax:919-493-3110
<br />OFFER TO PURCHASE AND CONTRACT -VACANT LOT/LAND
<br />NOTE: This contract is intended for unimproved real property that Buyer will purchase only for personal use and will not subdivide. It
<br />should not be used to sell subdivided property that has not been platted, properly approved and recorded with the register of deeds as of
<br />the date of the contract. If Seller is Buyer's builder and the sale involves the construction of a new single family dwelling prior to closing,
<br />use the standard Offer to Purchase and Contract (Form 2-T) with the New Construction Addendum (Form 2A3-T).
<br />School Houae Road, Partaera LLC
<br />as Buyer, hereby offers to purchase and
<br />Ester W Tate
<br />Chirstopher A Tate
<br />Eric T Tate
<br />Jeffery D Tate
<br />Ann Schawb
<br />as Seller, upon acceptance of said offer, agrees to sell and convey, all of that plot, piece or parcel of land described below (hereafter
<br />referred to as the "Property"), upon the following terms and conditions:
<br />1. REAL PROPERTY: Located in the City of Efland County of
<br />orange ,State of North Carolina, being known as and more particularly described as:
<br />Street Address #1 Schoolhouse Rd. Eflaad NC/#1 Walter Mcdade Sr 1314 Zip 27243
<br />NOTE: Governmental authority over taxes, zoning, school districts, utilities and mail delivery may differ from address shown.
<br />Subdivision Name a/a
<br />Plat Reference: Lot a/a ,Block or Section aJa as shown on
<br />Plat Book or Slide n/a at Page(s) n/a (Property acquired by Seller in Deed
<br />Book nla at Page a/a ).
<br />®All ^ A portion of the property in Deed Reference: Book a/a Page No. n/a orance County
<br />NOTE: Prior to signing this Offer to Purchase and Contract -Vacant Lot/Land, Buyer is advised to review Restrictive Covenants, if any,
<br />which may limit the use of the Property, and to read the Declaration of Restrictive Covenants, By-Laws, Articles of Incorporation,
<br />Rules and Regulations, and other governing documents of the owners' association and/or the subdivision, if applicable. If the Property
<br />is subject to regulation by an owners' association, it is recommended that Buyer obtain a copy of a completed Owners' Association
<br />Disclosure And Addendum (standard form 2A12-T) prior to signing this Offer to Purchase and Contract, and include it as an addendum
<br />hereto,
<br />2. PURCHASE PRICE: The purchase price is $ e o , 0 0 o and shall be paid in U. S. Dollars.
<br />Should any check or other funds paid by Buyer be dishonored, for any reason, by the institution upon which the payment is drawn,
<br />Buyer shall have one (1) banking day after written notide to deliver good funds to the payee. In the event Buyer does not
<br />timely deliver good funds,: the Seller shall have the right to terminate this contract upon written notice to the Buyer. The purchase
<br />price shall be paid as follows:
<br />~) $ s o o . o o ,EARNEST MONEY DEPOSIT with this offer by ^ cash ^ personal check ®bank check
<br />a certified check ^ other: n/a to be deposited
<br />and held in escrow by Exit Real southooiat ("Escrow Agent"); until the sale is
<br />closed, at which time it will be credited to Buyer, or until this contract is otherwise terminated. In the event: (1) this offer is not
<br />accepted; or (2) any of the conditions hereto are not satisfied, then all earnest monies shall be refunded to Buyer. In the event of
<br />breach of this contract by Seller, all earnest monies shall be refunded to Buyer upon Buyer's request, but such return shall not affect
<br />any other remedies available to Buyer for such breach. In the event of breach of this contract by Buyer, then all earnest monies shall
<br />be forfeited to Seller upon Seller's request, but such forfeiture shall not affect any other remedies available to Seller for such breach.
<br />NOTE: In the event of a dispute between Seller and Buyer over the return or forfeiture of earnest money held in escrow, a licensed
<br />This form jointly approved by: North Carolina Bar Association, North Carolina Association of REALTORS®, Inc.
<br />PREPARED BY: Stepney Edwards, Broker
<br />9e.~TOw'~ STANDARD FORM 12-T Revised 7/2007 ®712007 ~ muk~i~
<br />aronuxix
<br />ReaIF T®/gj~(/}/~j~,~q 02008, Version 6.16. Software Registered to: Office Manager, Exit Realty Southpoint /1
<br />. .-- IYf/JL~ n~i~nmQ ~:7.7A.•17 'Z-''_..:-! .--~ .iC'~''~ Aka~~fi~r~"~/I1~1~
<br />
|