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Proper#y Aru�i[es�;`: Y 16,17 OR 18(A),Seller shall respond in writing i
<br /> " Pp y er,then Buyer may cancel .
<br /> Ives written notice of disapproval of items under paragraphs 1(i),6, i3
<br /> 19.BUYER DISAPPROVAL.If Buyer g
<br /> 'within calendar days(after receipt of Seiler's.respons%CAVE wFtITTEN NoTiCE OF
<br /> Me
<br /> calendar.days after receipt of such notice.it Selle is u unwilling or unable to correct items reasonably disa roved uY
<br /> this Agreement by giving written notice of cancellation In whit tc se .
<br /> AGREEMENT WITHIN THE SPECIFIED TIME PERIODS SHALLCO WHICH SELLERDHAS NOT AGREED
<br /> for seller's response,whichever occurs first),in which case Buyer's deposit shad be returned to Buyer.BUYER'S FAILS
<br /> DISAPPROVAL OF ITEMS OR CANCELLATION OF THIS
<br /> ELECTION TO PROCEED WITH THE TRANSACTION W o Hoe dCOe RECTION ime Periods.OFANY REMAINING DISAPPROVE US.real property must,unless an exemption
<br /> TO CORRECT.Buyer and Seller may agreegm 9 y 1445,eve Buyer
<br /> 20. TAX WITHHOLDING:(a)Under the Forei nInvestmentinRealPropertTax Act(FIRPTA),IRC§ every
<br /> " Seller provides Buyer a"qualifying statement"issued by the Internal Revenue
<br /> er prov
<br /> applies,deduct and withhold from Seller's proceeds i0%of the grass sates price.The Prima P FIRPTA exemptions are:No withholding is required ii(')Se1 has definite
<br /> Buyer an affidavit under penalty of perjury,that Seller is not a'foreign person, o
<br /> Buyer a or{Iii)Buyer purchases real property for use as a residence and the purchase price is$30Q000 or less and Buyer or a member of Buyer's family
<br /> ert for al least 50%of the number of days it is in use during each o!ion ahe pplst ies deduct and withhold from tfie Selh periods after transfer. ler's proceeds 311311/o
<br /> plans to reside at the Prop, Y 18805 and 26131,every Buyer must,unless an exempt pp . '
<br /> California Revenue and Taxation Code§§ a the Property is selling
<br /> of the gross sales price if the Seller has a last known address outside of Cati[orniasr r nce al residence,underlslpecf Specified conditions.or(intermediary) afy a Seller,
<br /> The primary exemptions are:No withholding is required it(I)the Property is Seller p P
<br /> avit
<br /> ng
<br /> business in California.(c)Seller and Buyer agree to execute and deliver as directed AFFIDAVIT
<br /> for$1oo,000 or less,or(iii)the Franchise Tax Board issues a certificatebuuthorizing a lower amount or no withholding,or(iv)the Seller signs an s ds a n
<br /> that the Seiler is a California resident or a corporation qualified to do
<br /> Instrument,affidavit,or statement reasonably necessarytocaro O�CAR FOflM AB 11Stit6ics and atBUYER S Al FIDAVI7 OR SIiVIILAR DORMS RM AS IF'APPLICABLE,SHALL
<br /> OF NON-FOREIGN STATUS AND/OR CALIFORNIA RESIDENCY. dr ' 3 g
<br /> �x € I ;
<br /> SATISFY THESE REQUIREMENTS.) Broker Is authorized to report the safe,price,
<br /> t
<br /> 21. MULTIPLE LISTINGSERVICE:IfBrokertsaPrticipantofaBoardlAssociationmuthplsLstingservice( MLS,'),
<br /> terms,and financing for publication,dlsseminatitin tntorrrlatlon,and use of the Board/Association'authorized members,MLS Participants,and Subscribers.
<br /> CONDITIONS
<br /> 22. OTHER TERMS AND "" `z
<br /> a. ,,•
<br /> ATTORNEY'S FEES:In any action,proceeding or arbitration arising out of this agreement the prevailing party shall be entitled to reasonable attorney's tees
<br /> 23. ATTORN a
<br /> and costs. ^<^
<br /> 24. AGENCY CONFIR TION:The following age cy r �atlonshlp(s)are Fisreby confirmed for this transaction
<br /> is the agent of(check one)
<br /> Listing Agent: (Print Firm Nam
<br /> i
<br /> :. . ❑ both the Buyer and Seller.
<br /> ❑ the Salter exclusively;or
<br /> (if not same as Listing Agent)is the agent of(check one):
<br /> Selling Agent: !Frio Irm mol
<br /> hich constitutes the entire contract.
<br /> A11,111 Buyer exclusively;or ❑ the Seller exclusively;or El both the Buyer and Seller.
<br /> reem
<br /> 25ry EN RE ONTRACT.Time is of the essence.All prior agreements between the parties are incorporated sucfterms as aha nis c luded heent lrein and may not be contradicted by
<br />' } Its terms are intended by the parties as a final expression of their agreement with respect to
<br /> t evidence of any prior statementt.The
<br /> rbitrat
<br /> on proceeding,
<br /> r of its terms and that noeemen
<br /> 'extrinslc evidence whatsoever maybe introduced in ended as yartdicial or a
<br /> ol chis agreemelnt Thts agreemlent may not be at any,involving mended,dis yed modified,altered
<br /> I in this agreement are for convenience of reference only and are not intended p
<br /> or changed in any respect whatsoever except by a further agreement in writing executed by Buyer and Seller.
<br /> i
<br /> 26. OFFER:This is an offer to purchase the Properly.Unless acceptance is signed by Seller and a signed copy delivered in person,by mail,or facsimile,and personallywho
<br /> received by Buyer or by
<br /> Is authorized to receive it,by
<br /> 19—at AM 11 M,this offer shall be deemed revoked grid the deposit shall be returned.
<br /> Buyer has read and acknowledges receipt of a copy of this offer.This agreement and any supplement,addendum or modification relating hereto,including any
<br /> photocopy or facsimile thereof,may be executed in two or more counterparts,all of which II const) to a and the same writing.-
<br /> t' REAL ESTATE BR
<br /> d9re �
<br /> Y•ER
<br /> B
<br /> �-� Address
<br /> Ad � v
<br /> Telephon r Fax Telephone
<br /> r 2677 Fax
<br /> ACCEPTANCE
<br /> The undersigned Seiler accepts and agrees to sell the Property on the above terms and conditions and agrees to the above confirmation of agency relationship
<br /> (❑ subject to attached counteroffer).Seller agrees to pay compensation for services as follows: Broker,and
<br /> a to 10
<br /> It to Q Broker,
<br /> ( ��
<br /> payable:(a)on recordation of'the deed'or'other evidence.ofatitle..or.(b)_it.completion of sale is prevent by default of Seller,upon Seller's default,or(c)if complella
<br /> ' ofsale is prevented by default of Buyer,only if and when Seller collects damages from Buyer,by suit or otherwise,and'theriLinr an.amount.not•less Ihan ones
<br /> f' of the damages recovered,but not to exceed the above compensation,after first deducting title and escrow expenses and the expenses of collection,if any.Sell(
<br /> j hereby irrevocably assigns to Broker(s)such compensation from Seller's proceeds in escrow.In any action,proceeding,or arbitration between Brokers)and Sell
<br /> I arising out of this agreement,the prevailing party shall be entitled to reasonable attorney's fees and casts.The undersigned has read and acknowledges tarsi,
<br /> of a copy of this agreement and authorizes Broker(s)to deliver a signed copy to Buyer.
<br /> f Date Telephone Fax SELLER
<br /> Address ,
<br /> I SELLER
<br /> Real Eslat er( a o th regoing.
<br /> if eA By "Date'
<br /> Broker Date
<br /> Broker By "
<br /> OFFICE USE ONLY
<br /> i to m
<br /> available for use by the a ,e real estate industry.The Reviewed by Broker or Designee
<br /> Th;s REALTOn".
<br /> use of This form is not Intended to Iden ly the user as
<br /> a
<br /> nEALTono Isareglsleredcolled;"membershlpma,kwhlchmaybeusod Date rauuiru
<br /> only by reef estate licensees who ere members of Ile NATIONAL Page 4 of Pages• °°P°"rg
<br /> ASSOCIATION OF FIEALTORS"and who subscribe to Its Code of Elh'Ce. M-P M-
<br /> ;i BROKER'S COPY
<br /> REAL ESTATE P.URCHA5E CQNTRAC7 ANq RECEIPT FOR DEt?OS.IT (DL-i4 PAGE 4
<br /> _ ,
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