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To (SELLER) (BUYER) offers to purchase the property located at: , Massachusetts containing of land and all buildings thereon.
1. Purchase price
2. Deposit paid herewith to be held in escrow by subject to the terms of this offer and duly accounted for at time of closing
3. Additional deposit due upon execution of Purchase and Sale Agreement to be held in escrow.
4. Balance of purchase price due at closing
5. Sale is subject to BUYER obtaining a commitment for a Conventional VA FHA other mortgage in the amount of no later than BUYER shall apply for financing within of acceptance of this offer.
6. The following items shall be included as part of the sale: The following items shall be excluded from the sale:
7. Special conditions
8. SELLER shall deliver possession of the property and give a good record and marketable title by deed at closing, which shall be on or before:
9. Within days after acceptance of this offer, SELLER and BUYER shall execute a Purchase and Sale Agreement, not as a formality, but as a complete expression of the parties' intentions which, when executed, shall become the agreement between the parties.
10. SELLER agrees to comply with Massachusetts General Laws, Chapter 148, Section 26F, by having smoke detectors installed and presenting a Certificate of Compliance at the closing.
11. BUYER shall have a period of ten (10) days from acceptance of this offer to have the property inspected at BUYER's expense for the presence of lead paint. BUYER may also, at BUYER's expense, or before the dates specified herein, have the property inspected for (check applicable inspections): Inspection on or before Termites or pests Inspection on or before Private sewerage system Inspection on or before Private well Inspection on or before Home inspection Inspection on or before Radon Inspection on or before Lead Paint Inspection on or before Other If any inspection(s) proves unsatisfactory to BUYER due to any material defect(s), BUYER may, at BUYER's election terminate this offer and receive a return of the deposit paid hereunder, provided SELLER or the LISTING AGENCY is notified in writing within two (2) days after the date such inspection(s) are to be performed under this paragraph, together with a copy of the inspection report attached.
12. BUYER and SELLER acknowledge receipt of the following Addenda attached hereto and incorporated herein by reference. Addendum A: Disclosures Addendum B: Addendum C:
13. The BUYER acknowledges that BUYER has not been influenced to make this offer in reliance on any warranties or representation unless set forth or incorporated in this offer or previously made in writing, except for the following warranties and representations, if any:
14. This offer shall expire on at a.m p.m unless accepted by SELLER. If this offer is not accepted, deposit is to be refunded to BUYER.
15. Said deposit shall be held by as escrow agent subject to the terms hereof, provided however that in the event or any disagreement between the parties, the escrow agent may retain said deposit pending instructions mutually given by the parties. A similar provision shall be included in the Purchase and Sale Agreement with respect to any deposits held under its terms. The deposit will be held until a release is signed by both parties and said release returned to escrow agent.
SELLER ACCEPTS ABOVE OFFER: (BUYER) (DATE) (BUYER) (DATE) (SELLER) (DATE) (SELLER) (DATE)