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Common Interest Community Addendum To Buy And Sell Real Estate (Commercial Or Vacant Land, Farm Or Ranch) CIC32 - Colorado
| Common Interest Community Addendum To Buy And Sell Real Estate (Commercial Or Vacant Land, Farm Or Ranch) 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 COURT COUNTY .OF. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . of The printed. portions . this form have been approved, except differentiated additions, by the Colorado Real Estate : Index No. Commission. (CIC 32-5-04) : Calendar No. THIS FORM HAS IMPORTANT LEGAL CONSEQUENCES AND THE PARTIES SHOULD CONSULT LEGAL AND TAX OR OTHER COUNSEL BEFORE SIGNING. COMMON INTEREST COMMUNITY ADDENDUM -against: TO CONTRACT TO BUY AND SELL REAL ESTATE (COMMERCIAL or VACANT LAND FARM RANCH) : Plaintiff(s) : JUDICIAL SUBPOENA (This addendum should be used for the sale of Property involving ownership of common elements, or where there is an obligation to pay common expenses pursuant to : recorded Declaration) a Defendant(s) : . . .AMENDMENT .TO .A .CONTRACT .TO. BUY. AND .SELL REAL ESTATE. .............. ... . ............ .. .... ..... ... This Common Interest Community Addendum is made a part of the Contract to Buy and Sell Real Estate for the purchase and sale of the Property known as THE PEOPLE OF , which is dated NEW YORK THE STATE OF , between Buyer and Seller ("Contract"). This Addendum shall control in the event of any conflict with the Contract. The following provisions of the TO Contract are amended by these additions: § 2c. Item No. Dates and Deadlines. Reference Event Date or Deadline § 8f COMMAND YOU, that allRefusal Deadline being laid aside, you and each of you attend before Right Of First business and excuses WE GREETINGS: 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 , the Honorable at the Court located at County of in room INCLUSIONS AND EXCLUSIONS. The, at , on the day of , 20 noon, and at of recessed § 3. purchase o'clock shall also include use anythe price in the or adjourned date, to testify and give evidence as a witness inand the followingpart of the this action on the storage facilities: following parking facilities: ; . § 7d. Your failure Interest Community Governing Documents. Common to comply with this subpoena is punishable as a contempt of court and will make you liable to (1) the party on whoseNot Applicable. This subsection d. shall not apply. of $50 and all damages sustained as a behalf this subpoena was issued for a maximum penalty (2)failure to comply. on Buyer's Review. Seller shall cause to be furnished to Buyer, at Conditional result of your Seller's expense, on or before Title Deadline (§ 2c) a current copy of the owners' association declarations, bylaws, Honorable regulations, party wall agreements, minutes of the Justices of the Witness, rules and , one of most recent annual owners' meeting and minutes of any directors' meetings during the 6 month period immediately Court in County, day of , 20 preceding the Title Deadline, if any (herein collectively "Governing Documents"), most recent financial documents consisting of (a) annual balance sheet, (b) annual income and expenditures statement, and (c) annual budget (herein collectively "Financial Documents"), if any. Written notice of any unsatisfactory (Attorney Buyer, and given name below) provision in any of these documents signed by Buyer, or on behalf of must sign above and type to Seller on or before Governing Documents Objection Deadline (§ 2c), (which is the same as Title Objection Deadline [§ 2c]), shall terminate this contract. If Seller does not receive written notice from Buyer Attorney(s) for within such time, Buyer accepts the terms of said documents, and Buyer's right to terminate this contract pursuant to this subsection is waived, notwithstanding the provisions of § 8e. (3) Not Conditional on Review. Buyer acknowledges that Seller has delivered a copy of the Governing Documents and Financial Documents. Buyer has reviewed them, agrees to accept the benefits, obligations and restrictions that they impose upon the Property and its owners and Office and P.O. Address waives any right to terminate this contract due to such documents, notwithstanding the provisions of § 8e. Telephone No.: Facsimile No.: E-Mail Address: Mobile Tel. No.: CIC32-5-04 Common Interest Community Addendum Page 1 of 2 American LegalNet, Inc. www.USCourtForms.com 50 51 52 53 54 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 88 89 90 91 92 COURT COUNTY .OF. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .§. 8f.. . . Right of First Refusal or Approval. If there is a right of first refusal on the Property, or .. .. : Index No. a right to approve this contract, Seller shall promptly submit this contract according to the terms and conditions of such right. If the holder of the right of first refusal :exercises such right or the holder of a Calendar right to approve disapproves this contract, this contract shall terminate. If theNo. of first refusal is right waived explicitly or expires, or the contract is approved, this contract shall remain in full force and : JUDICIAL SUBPOENA Plaintiff(s) effect. Seller shall promptly notify Buyer of the foregoing. If expiration or waiver of the right of first refusal or contract approval has not occurred on or before the Right of First Refusal Deadline (§ 2c), -against: this contract shall terminate. : § 14. CLOSING COSTS; DOCUMENTS AND SERVICES. Any fees incident to the : issuance of owners' association's statement of assessments (Status Letter) shall be paid by Buyer Seller. Any fees incident to the transfer from Seller to Buyer assessed by the owners' association Defendant(s) : (Owners' .Association .Transfer .Fee).shall .be. paid .by. . . . Buyer . . . Seller. .... .......... ....... ... .... . .... . ...... § 15c. ASSOCIATION ASSESSMENTS. Current regular owners' association assessments and association dues. Owners' association assessments paid in advance shall be credited to Seller at THE PEOPLE OF THE STATE the regular owners' association assessments for deferred maintenance Closing. Cash reserves held out of OF NEW YORK by the owners' association shall not be credited to Seller except as may be otherwise provided by the TO Governing Documents. Any special assessment by the owners' association for improvements that have been installed as of the date of Buyer's signature hereon shall be the obligation of Seller. Any other special assessment assessed prior to Closing Date (§ 2c) by the owners' association shall be the obligation of Buyer Seller. Selle
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