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SELLER'S COPY • CALIFORMA ASSOCIATION OF REALTORS STANDARD FORM
<br /> REAL ESTATE PURCHASE CONTRACT AND RECEIPT FOR DEPOSIT
<br /> THIS IS MORE THAN A RECEIPT WR MONEY. IT MAY BE A U llY BINDING COMPACT. READ IT CAREFULLY.
<br /> California, , 19-
<br /> herein called Buyer,
<br /> Received from Dollars($ )
<br /> the sum of as deposit on account of
<br /> evidenced by cash O•Personal check�,cashier's check❑,or Dollars, I$ )
<br /> purchase price of ,County of
<br /> for the purchase of property,situated i
<br /> California,described as follows:
<br /> < the balance of purchase price as follows:
<br /> 1. Buyer will deposit in escrow with
<br /> any M
<br /> Setlizabl= ove ems and condi air.and peeaonal propeM to M$e luded in the sales hnanrine.prior MIC of other Preliftel Me rre"Ne of
<br /> INmeeurel&hpe#ong ml inape<Non,rep
<br /> 2. Title is to be free of liens,encumbrances,easements,restrictions, rights and conditions of record or known to Seller,
<br /> other than the following:
<br /> Seller shall furnish to Buyer at.expense o standard California Land Title Association policy issued by
<br /> Company,showing title vested In Buyer subject only to liens,encum-
<br /> card as forth
<br /> ller
<br /> to deliver
<br /> provided easemBuyeent his p�onnmay terminate thisconditions
<br /> of I t and any td posit Shall therove. if euponfbesretureturned to title as herein
<br /> est, and
<br /> 3. Property taxes, premiums on insurance acceptable to Buyer, rents,
<br /> nsblank any other items of income or expense to be
<br /> Prorated] shall be prorated as of(1) the date of recordation of deed or(2)
<br /> is a lien shall be
<br /> (Strike (1) if (2) is used). The amount of any bond or assessment which assalo [Strike one] by
<br /> assumed
<br /> . Seller shall pay cost of documentary stamps on dead.
<br /> _ 4. Possession shall be delivered a Buyer ISfrike Inapplicable alternatives) (al an.close of escrow, or (b) not later than
<br /> days after closing escrow,or lcldays
<br /> 5. Escrow instructions signed by Buyer and Seller shall be delivered a the esttow holddera s if elm the Seller's acceptance
<br /> fromThe Seller's acceptance hereof and shall provide for closing within Y
<br /> hereof,subject to written extensions signed by Buyer and Seller.
<br /> 6. Unless otherwise designated in the escrow Instructions of Buyer,title shall vest as follows:
<br /> nifiun!1 al and ba<enaegeenrm. Therefore,giro Mia matMe serious conaidereNen.1
<br /> (The manner of taking tkla may have aIR e9
<br /> 7. If the improvements on the property ore destroyed or materially damaged prior to close of escrow,then,on demon
<br /> by Buyer,any deposit made by Buyer shall be returned to him and this contrail thereupon shall terminate.
<br /> 8. if Buyer foils to Complete said purchase as herein provided by reason of any default of Buyer,$eller shall be released
<br /> from his obligation ig sell the property to Buyer and may proceed against Buyer upon any claim or remedy(which he may
<br /> have in law or equity; provided, however,that by placing their initials here Buyer: I )
<br /> Buyer and Seller agree phot it would he Impractical or extremely diiflcult to Rx actual damages in case of Buyer's default,
<br /> that the amount of the deposit is a reasonable estimate of the damages,and that Seller shall retain the deposit as his sole
<br /> right to damages.
<br /> 9. Buyer's signature hereon constitutes an offer to Seller to purchase the real estate described above. Unless acceptance
<br /> hereof is signed by Seller and the signed copy delivered to Buyer,either in person or by mail to the address shown below,
<br /> withinimdays hereof,this offer shall be deemed revoked and the deposit shall be returned a Buyer.
<br /> 10. Te is of the essence of this contract.
<br /> Real Estate Broker By
<br /> Address Telephone
<br /> The undersigned Buyer offers and agrees to buy the above described property on the terms and conditions above stated
<br /> and acknowledges receipt of a copy hereof. Buyer
<br /> Address
<br /> Telephone Buyer
<br /> ACCEPTANCE
<br /> The undersigned Seller accepts the foregoing offer and agrees to sell the property described thereon on the terms and Conditions therein#t forth.
<br /> The undersigned Seller has employed �s Broker(0 and for the Broker Is) services agrees to pay
<br /> the sum of Dollars ($—_) payable as follows: (a) On recordation
<br /> Broker Is) as a commission, or lcl if completion of sale
<br /> of the deed or other evidence of title,or Ib) if completion of sale is prevented by default Buyer, Seller,or upon Sellers and then in an default,
<br /> is prevened one ed by efault Of u the nli if and hen
<br /> collected eller collects I first deducrhetin9 f'Igtle and ees fmin iwexpenses
<br /> The
<br /> and theixpenses of collectionamount am. ro az-
<br /> The undersigned acknowledges receipt Of a copy hereof and authorizes Broker(s) to deliver a signed copy of It to Buyer.
<br /> Address Seller
<br /> Dated• Seller
<br /> Telephone
<br /> Broker
<br /> Broker(s)consent to the foregoing. Broker -
<br /> BY Dated: BY
<br /> �p13Y IS THE PERSON QUALIFIED TO ADVISE ON REAL ESTATE• IF you DESIRE MGM ADVICE CONSULT YOUR ATTORNEY.
<br /> Jr,.YED'ODCUNENT FOR USE IN SIMPLE TRANSACTIONS HAS BEEN APPROVED BY THE CALIFORNIA A ASSOCIATION OF REALTORS AND THE
<br /> UNFORNIA IN FORM ONLY. NO REPRESENTATION 15 MADE AS TO THE LEGAL VALIDITY OF ANY PROVISION OR THE ADEQUACY OF
<br /> ,LpN610N'IN ANY SPECIFIC TRANSACTION.IT SHOO'D NOT BE USED IN COMPLEX TRANSACTIONS OR WITH EXTENSIVE RIDERS OR ADDITIONS.
<br /> QO, FORM NO.NCR-O,(Rev.641)
<br /> . Y canan.l.Fee Fazt,NforbtlAn
<br /> S I"f:3.
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