Fillable OFFER TO PURCHASE REAL ESTATE

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OFFER TO PURCHASE REAL ESTATE

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OFFER TO PURCHASE REAL ESTATE
To: ___________________________________ (Seller) Date: ____________
___________________________________
___________________________________
The property herein referred to is identified as follows: ______________________________________
___________________________________________________________________________________
___________________________________________________________________________________
Special provisions (if any) re fixtures, appliances, etc.: _______________________________________
___________________________________________________________________________________
___________________________________________________________________________________
The Buyer hereby offers to buy said property, which has been offered to me by the Seller under the
following terms and conditions:
1. The Buyer will pay therefore $ __________________________ (Purchase Price) of which:
(a) ________________ is paid herewith as a deposit to bind this Offer
(b) ________________ is to be paid as an additional deposit upon the execution of the
Purchase and Sale Agreement provided for below.
(c) ________________ is to be paid at the time of delivery of the Deed in cash, or by
certified, cashier's, treasurer's or bank check(s).
(d) ________________ other deposit (if applicable)
________________________
(e) ____________________ Total Purchase Price
2. This Offer is good until __________ (Time),. on _______________________ (Date), at or before which
time a copy hereof shall be signed by you, the Seller, signifying acceptance of this Offer, and returned
to the Buyer, otherwise this Offer shall be considered rejected and the money deposited herewith
shall be returned to the Buyer.
3. The parties hereto shall, on or before _______________________ (Date), execute the applicable
Standard Form Purchase and Sale Agreement, which, when executed, shall be the agreement between
the parties hereto.
4. A good and sufficient Deed, conveying a good and clear record and marketable title shall be
delivered at __________ (Time), on _______________________ (Closing Date) at, at the
appropriate Registry of Deeds, unless some other time and place are mutually agreed upon in
writing.
5. If the Buyer does not fulfill their obligations under this Offer, the above-mentioned deposit shall
forthwith become the property of the Seller without recourse to either party. Said deposit shall be
held by ____________________________________________________ as escrow agent subject to the
terms hereof, provided however that in the event of any disagreement between the parties, the
escrow agent may retain said deposit pending instructions mutually given by the parties. A similar
provision shall be included in the Purchase and Sale Agreement with respect to any deposits held
under its terms.
6. Time is of the essence hereof.
7. The initialed riders, if any, attached hereto are incorporated herein by reference. Additional
terms and conditions, if any:
_____________________________________________________________________________
_____________________________________________________________________________
_____________________________________________________________________________
NOTICE: This is a legal document that creates binding obligations. If not understood, consult an attorney.
WITNESS my hand and seal.
_______________________________ _______________________________
Buyer Signatures Buyer Signatures
_______________________________ _______________________________
Buyer Printed Name Buyer Printed Name
Buyer Address: ___________________________________________________________
Buyer Phone: _____________________
__________________________________________________
This Offer is hereby accepted upon the foregoing terms and conditions at __________ (Time),. on
_______________________ (Date).
WITNESS my hand and seal.
_______________________________ _______________________________
Seller Signatures Seller Signatures
_______________________________ _______________________________
Seller Printed Name Seller Printed Name
Seller Phone: _____________________
MORTGAGE CONTINGENCY
In order to help finance the acquisition of said premises, the BUYER shall apply for a conventional bank
or other institutional mortgage loan of $ ______________________ (Mortgage Loan Amount) at prevailing
rates, terms and conditions. If despite the BUYER’S diligent efforts a commitment for such loan cannot
be obtained on or before _______________________ (Date), the BUYER may terminate this agreement
by written notice to the SELLER and/or the Broker(s), as agent(s) for the SELLER, prior to the expiration
of such time, whereupon any payments made under this agreement shall be forthwith refunded and all
other obligations of the parties hereto shall cease and this agreement shall be void without recourse to
the parties hereto. Lender’s appraisal must indicate a value equal to or greater than the purchase
price.
INSPECTION CONTINGENCY
This Agreement is subject to the BUYER’S using reasonable and diligent, effort to obtain and complete
a home inspection on or before _______________________ (Date), from a person normally engaged in
the business of conducting’ such inspections. If, in the opinion of the inspector, the property contains
serious ‘structural, mechanical and/or other’ major detects which the SELLER is not willing to
repair/replace and/or make a reasonable allowance toward the purchase price satisfactory to the
BUYER then this Agreement shall become null and void and the deposit returned to the BUYER.
_______________________________ _______________________________
Buyer Signatures Buyer Signatures
_______________________________ _______________________________
Seller Signatures Seller Signatures
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OFFER TO PURCHASE REAL ESTATE

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Completed 4 December 2021

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