Terms and Conditions of Sale
Property Type: Residential
MINERAL RIGHTS: Purchasers will receive surface rights only. No minerals (including coal or lignite) or mineral rights will be conveyed.
EARNEST MONEY DEPOSITS: An earnest money deposit shall be paid at the signing of a contract of sale, to be deposited in a non-interest bearing escrow account, maintained by a local title company.
TITLE EVIDENCE: Seller shall furnish an Owner's Title Insurance policy.
POSSESSION: Possession of the property will be delivered to buyer at closing.
SURVEY: Seller will provide a legal description and plat of the property.
TAXES: Taxes for the current year will be prorated.
CLOSING: Closing will take place within 45 days after signing contract.
BROKER/REALTOR PARTICIPATION: A real estate broker/realtor can receive a 3% commission at closing, by showing the property to their client and upon acceptance by Seller, deliver to Seller a signed standard TREC Contract of Sale.
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Date Posted: 12.22.05