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Contract To Buy And Sell Real Estate (Income-Residential) CBS2 - Colorado
| Contract To Buy And Sell Real Estate (Income-Residential) Form. This is a Colorado form and can be used in Real Estate Statewide . |
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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 The printed portions of this form, except differentiated additions, have been approved by the Colorado Real Estate Commission. (CBS2-9-12) (Mandatory 1-13) THIS FORM HAS IMPORTANT LEGAL CONSEQUENCES AND THE PARTIES SHOULD CONSULT LEGAL AND TAX OR OTHER COUNSEL BEFORE SIGNING. CONTRACT TO BUY AND SELL REAL ESTATE (INCOME RESIDENTIAL) ( 1-4 Units Larger than 1-4 Units) Date: AGREEMENT 1. AGREEMENT. Buyer, identified in § 2.1, agrees to buy, and Seller, identified in § 2.3, agrees to sell, the Property described below on the terms and conditions set forth in this contract (Contract). PARTIES AND PROPERTY. , will take title to the Property 2.1. Buyer. Buyer, Tenants In Common Other . described below as Joint Tenants 2.2. Assignability and Inurement. This Contract Shall Shall Not be assignable by Buyer without Seller's prior written consent. Except as so restricted, this Contract shall inure to the benefit of and be binding upon the heirs, personal representatives, successors and assigns of the parties. 2.3. Seller. Seller, , is the current owner of the Property described below. 2.4. Property. The Property is the following legally described real estate in the County of , Colorado: 2. known as No. Street Address City State Zip , together with the interests, easements, rights, benefits, improvements and attached fixtures appurtenant thereto, and all interest of Seller in vacated streets and alleys adjacent thereto, except as herein excluded (Property). 2.5. Inclusions. The Purchase Price includes the following items (Inclusions): 2.5.1. Fixtures. If attached to the Property on the date of this Contract, the following items are included unless excluded under Exclusions (§ 2.6): lighting, heating, plumbing, ventilating and air conditioning fixtures, TV antennas, inside telephone, network and coaxial (cable) wiring and connecting blocks/jacks, plants, mirrors, floor coverings, intercom systems, built-in kitchen appliances, sprinkler systems and controls, built-in vacuum systems (including accessories), garage door openers including _______ remote controls. Other Fixtures: If any fixtures are attached to the Property after the date of this Contract, such additional fixtures are also included in the Purchase Price. 2.5.2. Personal Property. If on the Property, whether attached or not, on the date of this Contract, the following items are included unless excluded under Exclusions (§ 2.6): storm windows, storm doors, window and porch shades, awnings, blinds, screens, window coverings, curtain rods, drapery rods, fireplace inserts, fireplace screens, fireplace grates, heating stoves, Water Softeners Smoke/Fire Detectors storage sheds, and all keys. If checked, the following are included: Security Systems Satellite Systems (including satellite dishes). Carbon Monoxide Alarms Other Personal Property: The Personal Property to be conveyed at Closing shall be conveyed by Seller free and clear of all taxes (except . personal property taxes for the year of Closing), liens and encumbrances, except Conveyance shall be by bill of sale or other applicable legal instrument. CBS2-9-12. CONTRACT TO BUY AND SELL REAL ESTATE (INCOME RESIDENTIAL) Page 1 of 17 American LegalNet, Inc. www.FormsWorkFlow.com 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 2.5.3. Trade Fixtures. With respect to trade fixtures, Seller and Buyer agree as follows: The Trade Fixtures to be conveyed at Closing shall be conveyed by Seller free and clear of all taxes (except personal . Conveyance property taxes for the year of Closing), liens and encumbrances, except shall be by bill of sale or other applicable legal instrument. 2.5.4. Parking and Storage Facilities. Use Only Ownership of the following parking facilities: ; and Use Only Ownership of the following storage facilities: . 2.5.5. Water Rights, Water and Sewer Taps. 2.5.5.1. Deeded Water Rights. The following legally described water rights: Deed Other applicable legal instrument. Any water rights shall be conveyed by 2.5.5.2. Well Rights. If any water well is to be transferred to Buyer, Seller agrees to supply required information about such well to Buyer. Buyer understands that if the well to be transferred is a Small Capacity Well or a Domestic Exempt Water Well used for ordinary household purposes, Buyer shall, prior to or at Closing, complete a Change in Ownership form for the well. If an existing well has not been registered with the Colorado Division of Water Resources in the Department of Natural Resources (Division), Buyer shall complete a registration of existing well form for the well and pay the cost of registration. If no person will be providing a closing service in connection with the transaction, Buyer shall file the form with the . Division within sixty days after Closing. The Well Permit # is 2.5.5.3. Water Stock Certificates: 2.5.5.4. Water Tap Sewer Tap Note: Buyer is advised to obtain, from the provider, written confirmation of the amount remaining to be paid, if any, time and other restrictions for transfer and use of the tap. 2.5.5.5. Other Rights: 2.6. Exclusions. The following items are excluded (Exclusions): 3. DATES AND DEADLINES. Reference § 4.3 § 7.1 § 7.5 § 8.1 § 8.2 § 8.2 § 8.3 § 7.6 § 7.6 § 8.5 § 10.1 § 5.1 § 5.2 § 5.3 § 5.3 § 5.4 § 5.4 § 5.4 Event Alternative Earnest Money Deadline Title and Association Record Title Deadline Exceptions Request Deadline Record Title Objection Deadline Off-Record Title Deadline Off-Record Title Objection Deadline Title Resolution Deadline Association Documents Deadline Association Documents Objection Deadline Right of First Refusal Deadline Seller's Property Disclosure Seller's Property Disclosure Deadline Loan and Credit Loan Application Deadline Loan Objection Deadline Buyer's Credit Information Deadline Disapproval of Buyer's Credit Information Deadline Existing Loan Documents Deadline Existing Loan Documents Objection Deadline Loan Transfer Approval Deadline Date or Deadline Item No. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 CBS2-9-12. CONTRACT TO BUY AND SELL REAL ESTATE (INCOME RESIDENTIAL) Page 2 of 17 American LegalNet, Inc. www.FormsWorkFlow.com Item No. 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 Reference § 6.2 § 6.2 § 9.1 § 9.2 § 10.2 § 10.3 § 10.5 § 10.6 § 10.7 § 10.8 § 10.8 §
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