Conditions of Sale of the Real Estate of ________________ made on
the premises in _______________
(Township),______________(Road),_____________(City) , PA ,___________(County)
by Public Sale or Auction this,_____ Day of 200__ , are as
follows to wit:
FOURTH: All taxes assessed for the year 200 and prior thereto will be paid by the Seller. All taxes assessed for the year 200 will be prorated between Seller and Buyer on a fiscal/calendar year basis.
SIXTH: Buyer shall pay ten (10%) percent of
the purchase price to the Seller at the time the property is struck down.
Payment shall be either in cash or approved check.
EIGHTH: Possession of the premises will be
delivered to the Buyer at Settlement
TENTH: The deed is to be drawn and executed at the expense of the Seller.
ELEVENTH: The property being sold is subject
to all applicable Federal, State, and Local laws, statutes, ordinances,
rules and regulations. Seller certifies that no notice has been served
by any governmental authority for the removal or abatement of any
nuisance, for the violation of any zoning regulation, or concerning the
condemnation of any portion of the said property.
THIRTEENTH: The property is being sold “AS IS”. Seller makes no representations or warranties concerning the property to be sold. It is understood that Buyer had the right to inspect the property prior to sale and either has inspected the property or waives the right to do so. Buyer agrees to purchase the property as a result of such inspection or the waiver of the right of same and not because of or in reliance upon any representation or warranty made by Seller and Buyer agrees to purchase the property in its present condition.
FOURTEENTH: If the Buyer fails to comply with the above terms, Buyer shall forfeit the amount paid, on the date of sale, as assessed and liquidated damages, and the seller may proceed to make a resale of the premises, either at public or private sale.
FIFTEENTH: Buyer hereby acknowledges receipt of these Conditions of Sale, the acceptance attached hereto and the description of the property attached hereto.
SIXTEENTH: All personal
property located on premises is reserved.
BUYER: _____________________________ SELLER: ______________________________
I (We) acknowledge
that I (We) have become the Buyer of the above named real estate, at the
price at $_________________ , subject to the above conditions, which I
(We) agree to comply with.
WITNESS my (OUR) hand this ______________ Day of _____________
BUYER: ______________________ SELLER: _______________________
ADDRESS ____________________ _______________________ .
BUYER’S ATTORNEY: ______________________
RECEIVED 10% DEPOSITED OF $ _________________ IN