Agenda - Council - 02/11/2014 - Laserfiche WebLink

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PURCHASE AGREEMENT: VACANT LAND (RESIDENTIAL) 39. Page 2 Date 40. Property located at 41. If said cancellation is not obtained by said date, this Purchase Agreement is canceled. Buyer and Seller shall 42. immediately sign a Cancellation of Purchase Agreement confirming said cancellation and directing all earnest money 43. paid hereunder to be refunded to Buyer.) 44. SPECIAL CONTINGENCIES: This Purchase Agreement is subject to the following contingencies, and if the 45. contingencies checked below are not satisfied or waived, in writing, by Buyer by , 20 46. this Purchase Agreement is canceled as of said date. Buyer and Seller shall immediately sign a Cancellation of 47. Purchase Agreement confirming said cancellation and directing all earnest money paid hereunder to be refunded to 48. Buyer. 49. (Select appropriate options a-t) 50. ❑ (a) ❑ BUYER ❑ SELLER shall provide a certificate of survey of the Property, at ❑ BUYER ❑ SELLER (Check ono.) -•, -____ (Check one.)---------- 51. expense. 52. ❑ (b) Buyer obtaining approval of city/township of proposed building plans and specifications at 53. ❑ BUYER ❑ SELLER expense. ---__--(Check 54. ❑ (c) Buyer obtaining approval of city/township of proposed subdivision development plans at 55. ❑ BUYER ❑ SELLER expense. ----------(Check one.}---__----_- 56. ❑ (d) Buyer obtaining approval of city/township for rezoning or use permits at ❑ BUYER ❑ SELLER expense. - ------(Check one.)•--•••••- 57. ❑ (e) Buyer obtaining, at ❑ BUYER ❑ SELLER expense, percolation tests which are acceptable to Buyer. ---------(Check 58. ❑ (f) Buyer obtaining, at ❑ BUYER ❑ SELLER expense, soil tests which indicate that the Property may be ------- --(Check one.)- .-- 59. improved without extraordinary building methods or cost. 60. ❑ (g) Buyer obtaining approval of building plans and/or specifications in accordance with any recorded subdivision 61. covenants and approval of the architectural control committee. 62. ❑ (h) Buyer obtaining, at ❑ BUYER ❑ SELLER expense, copies of all covenants, reservations and restrictions _--___.._--(Check one.)-- 63. affecting the Property. 64. ❑ (I) Other. 65. 66. 67. Seller's expenses for these contingencies (if any) shall not exceed $ 68. DEED/MARKETABLE TITLE: Upon performance by Buyer, Seller shall deliver a (check one): 69. X❑ Warranty Deed, ❑ Personal Representative's Deed, ❑ Contract for Deed, ❑ Trustee's Deed, or 70. ❑ Other Deed joined in by spouse, if any, conveying marketable title, subject to 71. (a) building and zoning laws, ordinances, state and federal regulations; 72. (b) restrictions relating to use or improvement of the Property without effective forfeiture provisions; 73. (c) reservation of any mineral rights by the State of Minnesota; 74. (d) utility and drainage easements which do net interfere with existing improvements; 75. (e) rights of tenants as follows (unless specified, not subject to tenancies). 76. ; and 77. (f) others (must be specified in writing). 01/08/14 78. 79. MN:PA:VL-2 (8/13) 6203 Rivlyn Ave Ramsey 55303 i