My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
AG 2016 07 18
CabarrusCountyDocuments
>
Public Meetings
>
Agendas
>
BOC
>
2016
>
AG 2016 07 18
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
7/20/2016 11:45:58 AM
Creation date
11/27/2017 10:34:09 AM
Metadata
Fields
Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
7/18/2016
Board
Board of Commissioners
Meeting Type
Regular
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
172
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
Acting as: ❑ Buyer's Agent; ❑ Seller's (Sub) Agent; <br />(g) "Seller's Notice Address" shall be as follows: <br />4200 Weddington Road, Concord, NC 28027 <br />except as same may be changed pursuant to Section 12. <br />(h) `Buyer's Notice Address" shall be as follows: <br />Michael K. Downs <br />County Manager <br />Cabarrus County <br />65 Church Street SE <br />P.O. Box 707 <br />Concord, North Carolina 28026 <br />except as same may be changed pursuant to Section 12. <br />❑ Dual Agent <br />❑x (i) If this block is marked, additional terms of this Agreement are set forth on Exhibit A attached <br />hereto and incorporated herein by reference. (Note: Under North Carolina law, real estate agents <br />are not permitted to draft conditions or contingencies to this Agreement.) <br />Section 2. Sale of Property and Payment of Purchase Price: Seller agrees to sell and Buyer agrees to buy <br />the Property for the Purchase Price. <br />Section 3. Proration of Expenses and Payment of Costs: Seller and Buyer agree that all property taxes (on a <br />calendar year basis), leases, rents, mortgage payments and utilities or any other assumed liabilities as detailed <br />on attached Exhibit A, if any, shall be prorated as of the date of Closing. Seller shall pay for preparation of a <br />deed and all other documents necessary to perform Seller's obligations under this Agreement, excise tax <br />(revenue stamps), any deferred or rollback taxes, and other conveyance fees or taxes required by law, and the <br />following: <br />Buyer shall pay recording costs, costs of any title search, title insurance, survey, the cost of any inspections or <br />investigations undertaken by Buyer under this Agreement and the following: <br />Each party shall pay its own attorney's fees. <br />Section 4. Deliveries: Seller agrees to use best efforts to deliver to Buyer as soon as reasonably possible after <br />the Contract Date copies of all information relating to the Property in possession of or available to Seller, <br />including but not limited to: title insurance policies, surveys and copies of all presently effective warranties or <br />service contracts related to the Property. Seller authorizes (1) any attorney presently or previously representing <br />Seller to release and disclose any title insurance policy in such attorney's file to Buyer and both Buyer's and <br />Seller's agents and attorneys; and (2) the Property's title insurer or its agent to release and disclose all materials <br />in the Property's title insurer's (or title insurer's agent's) file to Buyer and both Buyer's and Seller's agents and <br />attorneys. If Buyer does not consummate the Closing for any reason other than Seller default, then Buyer shall <br />return to Seller all materials delivered by Seller to Buyer pursuant to this Section 4 (or Section 7, if applicable), <br />if any, and shall, upon Seller's request, provide to Seller copies of (subject to the ownership and copyright <br />interests of the preparer thereof) any and all studies, reports, surveys and other information relating directly to <br />the Property prepared by or at the request of Buyer, its employees and agents, and shall deliver to Seller copies <br />Page 2 of 8 <br />Buyer Initials Seller Initials <br />G -2 <br />Page 120 <br />
The URL can be used to link to this page
Your browser does not support the video tag.