RealEstateContract房地产条约docWord文件下载.docx
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RealEstateContract房地产条约docWord文件下载.docx
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andBBBInc.,an_________(Placename)corporation(BBB).
AAAagreetosellandBBBagreetobuyrealestateinMuscatineCounty,Iowa,describedas:
TheNorth64feetofLot10inBlock72;
theWest30feetofLot9inBlock72;
theWest8feetofLot7andtheEast2/3ofLot8inBlock73;
andtheEast52feetofLot7inBlock73,allintheCityofMuscatine,MuscatineCounty,Iowa,withanyeasementsandappurtenantservientestates,butsubjecttothefollowing:
a.anyzoningandotherordinances;
b.anycovenantsofrecord;
c.anyeasementsofrecordforpublicutilities,roadsandhighways;
andd.(consider:
liens;
mineralrights;
othereasements;
interestofothers.)....None.(theRealEstate),uponthefollowingterms:
1.PRICE.ThetotalpurchasepricefortheRealEstateisTwoHundredNinetySevenThousandSixHundredDollars($,_________)ofwhichOneThousandandno/100Dollars(1,000.00)hasbeenpaid.BBBshallpaythebalancetoAAAatMuscatine,Iowa,orasdirectedbyAAA,asfollows:
Thebalanceofthepurchasepricewillbepaidinfullattheclosing,whichwillbeonorbefore_________,_________,_________(M,D,A).
2.INTEREST.BBBshallpayinterestfromN/Aontheunpaidbalance,attherateofN/Apercentperannum,payableN/A.BBBshallalsopayinterestattherateofN/ApercentperannumonalldelinquentamountsandanysumreasonablyadvancedbyAAAtoprotecttheirinterestinthiscontract,computedfromthedateofthedelinquencyoradvance.
3.REALESTATETAXES.AAAshallproraterealestatetaxespayableinthe_________-_________fiscalyearaccordingtoMuscatineCountyBarAssociationproceduresandshallpayanyunpaidrealestatetaxespayableinprioryears.BBBshallpayallsubsequentrealestatetaxes.
4.SPECIALASSESSMENTS.SellershallpayallspecialassessmentswhicharealienontheRealEstateasofthedateofthiscontract.AllotherspecialassessmentsshallbepaidbyBBB.
5.POSSESSION.AAAshallgiveBBBpossessionoftheRealEstateonthedateofclosingprovidedBBBarenotindefaultunderthecontract.
6.INSURANCE.AAAshallmaintainexistinginsuranceupontheRealEstateuntilthedateofpossession.BBBshallacceptinsuranceproceedsinsteadofAAAreplacingorrepairingdamagedimprovements.Afterpossessionanduntilfullpaymentofthepurchaseprice,BBBshallkeeptheimprovementsontheRealEstateinsuredagainstlossbyfire,tornado,andextendedcoverageforthesumnotlessthan80percentoffullinsurablevaluepayabletotheAAAandBBBastheirinterestsmayappear.BBBshallprovideAAAwithevidenceofsuchinsurance.
7.ABSTRACTANDTITLE.AAA,attheirexpense,shallpromptlyobtainanabstractoftitletotheRealEstatecontinuedthroughthedateofthiscontract,anddeliverittoBBBforexamination.ItshallshowmerchantabletitleinAAAinorconformitywiththiscontract,IowalawandtheTitleStandardsoftheIowaStateBarAssociation.TheabstractshallbecomethepropertyoftheBBBwhenthepurchasepriceispaidinfull,however,BBBreservetherighttooccasionallyusetheabstractpriortofullpaymentofthepurchaseprice.SellershallpaythecostsofanyadditionalabstractingandtitleworkduetoanyactoromissionofAAA,includingtransfersbyorthedeathofAAAortheirassignees.
8.FIXTURES.AllpropertythatintegrallybelongstoorispartoftheRealEstate,whetherattachedordetached,suchaslightfixtures,shades,rods,blinds,awnings,windows,stormdoors,screens,plumbingfixtures,waterheaters,watersofteners,automaticheatingequipment,airconditioningequipment,walltowallcarpeting,built-initems,andelectricalservicecable,outsidetelevisiontowersandantenna,fencing,gatesandlandscapingshallbeconsideredapartofRealEstateandincludedinthesaleexcept:
(consider:
rentalitems.)......None.
9.CAREOFPROPERTY.BBBshalltakegoodcareoftheproperty;
shallkeepthebuildingsandotherimprovementsnoworlaterplacedontheRealEstateingoodandreasonablerepairandshallnotinjure,destroyorremovethepropertyduringthetermofthiscontract.BBBshallnotmakeanymaterialalterationtotheRealEstatewithoutthewrittenconsentoftheAAA.
10.DEED.Uponpaymentofpurchaseprice,AAAshallconveytheRealEstatetoBBBortheirassignees,bygeneralwarrantydeed,freeandclearofallliens,restrictions,andencumbrancesexceptasprovidedherein.Anygeneralwarrantiesoftitleshallextendonlytothedateofthiscontract,withspecialwarrantiesastoactsofAAAcontinuinguptotimeofdeliveryofthedeed.
11.REMEDIESOFTHEPARTIES.
a.IfBBBfailtotimelyperformthiscontract,AAAmay,atAAA’option,forfeitBBB’rightsinthiscontrac
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