HomeMy WebLinkAboutC2005-424 - 8/30/2005 - Approved 'FEXAS ASSOCIATION OF P.,EALTOI~
COMMERCIAL CONTRACT - UNIMPROVED PROPERTY
A 'Pro~erly" me~n~ that re~ property ~ In ~ Count,
Lof l, Biock l~l, Beech Adc~k~, ~ ~-":~n in ~he Ctty Of C4rp~ ~ ~ ~,
T~xe~
B. Seil~ wi ,~II ~-~1 cmwey the Pro~3er~y ~ ~:
(1) mil rlght~, privilege, ~ mppurt~nmnc~ p~rl~lnlng to the Property, Including 8~1e¢~ rlghf., Wde..nd
(3) ~eli~m k~mst in M Nm~soe and permits r~mlaM ~ t~ Pro~x~y.
(1) c,,a~ ~ rwyaUe by Buyer .t cmmg ......
(2) ..~,um ~ adl Irtafx::k'~ deecribed k't ~ 4...
(3) Sak,,. prk~ (aura o~ 3,A (1) and 3B(2)) ....
(TAR. 1802~ 2-6-~2 Inli~d k3.' I ~m ,~:' ~ I~ Buy~ ~ .
Ord026420
Pnr~ of ~ n~p~ ('#r~lti Authori~'
P~ lo~13
B. A~ to 8Ii Price: (Check (I) or (2) only.)
X(1) T~~ ~~ ~o~ a~.
(2)~~Ml~~~on~~~~-&.., ~
(a)~~~~~$ ~
0)~~ ~ ~.
(b) ?~ ~ in. aN land area vifl'dn the perlmelnr boumlarlee of the ~. ~ ami"
rrmInI ~ I~I I ~ I~i ~ ~ ~:
~', ~
(c) ffU~e Iim. ~ ~ ~ ~ mom b~n % ofthe i i ~, aaha' ~ ~
inami this c=~a'.ct ~ ~ ~ no~c. ~ ttle ~ ~ wahln _ . ~~
^. Not air l~an 3 dIyt ~Ir the itlecltve dit.. Buyir rnul d~eitI $ ~ I aImII moaiy
with Iii ~/'Ii i (title
compiny and eicrow agent) at IKC ,: L-~i, IiIflI, Clii<~l.~iTI~e (flUe
~ ~). ~11~~ ~~$ ~ on or
~re: (I) ~ m di~i~irBuy~r~iri~mm/rmlnii und~'Pi~,_...h7B(3)~o~
wrmIn n~3~ca to ~ besom ~ ~ me -..mit money mid mIy .I~ii ~ I
L,r~er ~I
f~ ~ ~ I snd m crI~ Iny InimII m Bul~r.
(TA~-IBO2) 2~4)2 / for Id, ,~- ",~ Bu,~r._l_~ 81IIrl~__ __
/-
~m~.~i~r, , , "a~ I~Q-II-I(IZ?
Plgl 2 ~' 13
(3)Buym' n-dy obJo~ to any m'u~Jtcflve c..,~on-4B o~ the Property wllM tho Ifmo ~ uflder
P- _. ql)b eC.
B nev;
(1) W11hin .~ dwi lite' U~e MIKIh~ dlle:
X (a) Buyer ~11 ob~ln · 8uwey of the Property m Buyer'e expenee mhd M~ · cow cW ~e lunmy ~
~dler.
(b) Sdler, MSeler"oW, wi furrdmh EMs survey ofthe ProGmfly dmmd gl'orb ~
claim
(c) SolJew wtll Mh~ a true and correct copy of Sollor'o oxJmtJng survey c~ Pmpe~y d~ed
. Balm', it Bder'l e~
(i) MI h~vu the endMb~ 8Lm'V~ .~=r,, thlm :1 off n dMo rm~ eerier thmn
(I) mill no( have tfm exlm~ng m~wey reM. UIl(~l. 8eger will wgl not deiM~ ~ ttm b'Ue
(2)
~ sun,my requ/md under Pamgm~ 68(1) must be made by · R~'' J F,ufkmml.ni( ~
Sunm¥or mccm.Y '-Ia 1o tho tflJe compm'my. Tim murvey mu~t:
(.) ~ tho Property by mmm 8r, d txxmndo o~ iWMMd Lot dm: II.~k3n;
(c) me~ kx'lb t~e dimeflmk3~ mfxJ tull arm ot the Pr~;
(d) mhow the location of ,ali Im~, hlghwuyu, mtm~m, roedm, rulroedm, rlvem, creeks or
~ ,~,J~:~..-,c~d k3 thM' recording hdk,,,,,
(e) mhow mn,/,:ll~,_l~'~'e- o~ con~lcM In bound~ ony viMble Mk.~,_1%,,r.n' , .nd ~ I:mmlkm of the
Property ~ In · spociml fk3od hezlrd ~rue (~n "A" ~ "V" ~ m mhown off Ihe cummt
('rAR-18Q2) 2-6-(]2
Th~ ~n~ i Kenlld k~ uel w~ ~
, , ' - · Forrrm~M~l IC~331-tQ27
Pimp 3 ~ 13
C I~JN~; ~ t~ ~ ~[w[dh[~nt N Survlv;
(1) V%qfl'flfl f~ dlyl Mt~f' Buyl raKadv91 t~ comml(:mlnt, copkll o~ 1~ do~ a~ i~ I~
zone u de~ned by F-EMA):
(2)
providing written notice to ~iler within 5 dny~ ~ the Ume by whk:h Badler mu~t cum the
obJectlonl. If Buyer tennln,i;-,-, b"le ~r'r'l~ money, I~ nny Indeplx:lM~ c=o~mlde:~tJon undM'
Pmr. gm'mph 7B<3Xm), ~11 be refunded m Buyer
XB. FeIml~;
TH/Io~m ~ Im~mld far kle wIh F
I=illl 4 oi' 13
(b)
(v) r~ore the Property to I'm original condltkm ff ~ltered due to In~ectlon~. ~IIM, or
(c)
lion of thll cont]~
(3) Fel~MlttY PerkxI IrKi R~h~tn Terrnir~i~: Buy~ n~yt~nnln~ethl~ contm~for tony r~ Mlhln
cl~y~lt'mrtheeflKtivedMeby provtciingSeflM w~h wrrMnnatiaeof~ ,,~Y, ~n. lf
X(a)lf Buyer I ,,W,:: under thi~ F'~r~ph '~(3), the e~t money w~ ~ mrmded t~ Buyer
th.t Sellerwll re. In -- k',dep.nc~Ac~-'ds:, 'k.n lot BulmC. right to
ITtOOnt .pec~led ~ F~r.gr~ph 5 to the e~:row .g~.t. ~ Inde~ndl4 cot ~ll,~Uon I~ ~o be
thelndap~'xlG. 4~.Theln4ap&'xk..dcona!cle:~lon wll d n~ be ciadled
to Ihe ~Me~ [x~n- u~on ctolng of the ~le.
(4) Iqd~,'n of I~ Ink)m'lll~]~: ff thi, cOntTICt ~ hX my melon, BuyM' wi not IMBr ~
10 ~ ~r thetmTrkml~]nClMB: (1) m iD SdWilhae ina delcrlxldklP. _ .1~17B(1)
(s) ~ ~ o~/ka~: ~ Buyer. right to lennkwlB under 7B(~) exim~ MM( me/ not
(TAR-1602) 2-0-02
?h~ to... ,- i~ kr ,..- with r
h'ldIModforl-'e,,,'&" ,byBu¥~r~,
- - · F~nw ~ IO~t(~r/'
Peg. 8~'13
F~
B. Fee&' (Che~k ~ o~e/x~.)
(~) SMler will p~y Prtnctl~l Brolmr t~e ~ ~p~clfl~l by ~ ~ cemmi~on ~'~rn~nt
(2) Atlt~clo~n~ofthl ~le, Se~r Wll~y:
A The cJoaing of t~e aMe will be on or b~fore 4~ d.~. W .~¢~k.~ .f ~.~1~.~
or ~ln 7 ~ ~r
~~~,~~~~~~~ln~ ,_ rh15.
B. At ~,~~~ ~, ~~~, a X ~
~P~, g,
(1)~ ~-x ,.,:b, ~ ~~~~~~ ~ ~ ~
(2) ~ ~ ~ ~ m ~ a~
(3)~ ~ ~ ~ po leaB~On ~ ~ ~ ~ ~ ~ ~ ~, ~ ~ ~, ~
ff~-1~)2~ ~ld,:.& "~ ~ ~~ ~e~13
~1~~ ~ = - e~~
(3) to the axt~ .mmignmbie, mn mmmlgn~ to Buyer of .ny licenaem and pennltm miatmd t~ the
Pro~:
(5) any rmtic~, 4~m,~r.,wontm, cedJtlcat~, .flldmv~. mleamee, .r.:l other do4:tmmm~ mqulrmd by th~
(1) I~y lite Illell pltCl in good fmldl lc:; r' ~1" ~ ~ ~C~ ~g~
(2) ddv~ evidence Itmt ttm pemon ~ ~ commct im legily cmpmbM ~ multmrlzed m bind
(3) exmcute mhd deilv~ any notice, ebakc.,~, cmtlflc~, ~ other do(mmagm required by this
w~r and keair exceplm:l. Until cio~ng, 8(dior w~ opermke Itm ProperLy I~ lhe emTm rammer m on the
gm .... , = mai ~m~ voJe[.
(2) ~ of 6cleero Io~ II~blity, If .ppi(ruble;,
(3)trax_' : .~..,&(x,?_-IJIk · ;
(4)p,, ~ , ) ofthe deed;
(5) m'm-h~ of my mcmw be;
('rAR-1O02) 2-6-02 k~ ~ Id:r,~lk ~c~ by eu~_~.
PI~ 7o(13
13. PRORATIONI, ROU. BAC~ TAXE~, II~NT, AND D~KIIFI~:
A. PrcdlJonl:
(3)
bMom~,lfm , emro ,,c..d~ wll be the abigmion a( Buym. ~ F' , g. ~ 138 ~ cto.lng.
clm~tterthemntl~~ Tht~Pl.,.,irh 13Cmz'viv~.
A temlm~ thll contTlCt by providing written noUce to Seller wlb~ln 15 clayl ~ Buyer Il ~ of the
condiT)rmtkm ~ Ind t~e eITleli nmney, letl my hYdaplnde:ft cor-'J,:. Uon rim un(la(
Pemgmph 7B(3Xm). wll be refunded to Buy,c. m
16. DI~:AULT'
A
(2) exlm~ 1he Ume for I~'FOrTTIX~ up tO 15 dmyg ~md the ctoelng will b~ e0dxmded ~, ~.
IL A'rroRNL=Y'8 FEES: If Buyer, Seller, any broker, or any ~ Igent I~ · prevailing party In any legal
rec~ from the non-prevailing part~e~ all coati of ILJCh proce~cllng Ar#:l r~llonal:)k~ IttCNTtey=l fmml. Thtl
P~ragr~oh 16 e~v~ t~ndn~n of thi c~dT~cL
un1~lld,_ .--'1lei klc~'Tald ool~offf'ml:~ ltd a ~ ~ ~ ~ Ol' elcrowlgOflt from
all pmllee.
c
D Esc~w ~ wi deduct any Indepe,~]t comkhna~ tmdm' F ,_, ~ 7B(3Xn) bdom ckinHk']O
any alT'met ~ to Buym' and wgl [3(ir/ the k,de, p~"a:lt.d co~ a:k a..dl]k,~ k) 86kll".
E. ff eecrow agent compliee wlfl b'de Pm'eg'al~ 17, each party heml3y ~ ae(~ow agent lh:)m al
11. IIA~ FAC'rS:
A. To the bern of 8ek~ k,,ow~ige md be~ef- (Ctm~ (f) ar (2) ordy.)
(TAR-18Q2) 2-6-02
rl~m l~m ,~ Imwmmd fey "B"' Wilh F
Ind/Id b- '~; ~JA "n by
I=~g~ g of 13
2~ FE/~RAL TAX ~'G~_~T: ff 8e~m ~ a ~ pm~:m" n~ ddk'md by -f._l--'-Ia ~w, ac' ff 8e~r
w#htmk:l ~ tim Intmmd Roqm,'mo 8m'vk~ (IRS). b:~ ~ n,pprop[; ~. t~x ~ IR8 r ~ 'Jena
21. D~PUTE~: The pmtJm ~gme t~ nega~gm in lac)ed ~ ~ m effort m ~ ~ c~pu~
rdltod to b~b conlmc~ Ilml frmy Idle. If t~e cllpu/ cmma~ be meah~ by nc~:" Ban, the plrlJll wll
22. AGREI~]~ OF TI~ P~:
A TI~ contmc~ i binding on the pertJeL b'lek' helm, edmcula~ ,up~ln.~ W~i, lUC:SIWm~, md
Sdlr_~, larmgl 10af13
B Thru ~ Is to 13e ___t~'m~um:l In ~ wt~ the Ilium o1' the 8tll~ of T~ml.
E. B~yer .my X m.y.o~ ...~n m= corm.ct
I~ty al' B~/er umer ~M ~
F Addenda whk~ mm pitt of Itel co~& .~ mm: (~ M h'm/alOlO~.)
(1)~O e :rl~dJon ~ ~ k~ Pmra<]rmph 2;
(2) Flnmx:k~
(3) C.<.,.,L ~' ' ~ Cor#:ilk)n 8~mement;
(4) Noam to Pm~,mm or RM Property m. Wi~' Di.a'ict (MUD);
(5) ~
(6) ~
(6)
23. TIME: Time ms of tho race In this contract. ~ p~rtlem require .~;ct coml~l~r~ with ~ tlr~ for
legml holklly, the time for pelffornl~nco 19 ext~ until tho e~d of the next d~y which la not · 8mturdmy,
A
If ~ Prop~ i~ n~ ~ w~l~ a ~m IIm~ o~ · rm~dc~:mml utility ~]emrlct (MUD) md ~
IOCa~N] ~ · c~.Ol~ -J m m ora utity m pm~ler (m ulll~, a wmm ~mv4~y ~ mewer
613.25"7 W~r C, ode roqu~re~ ~kN' todMvm' a not~ mg~dk~ the ~ me~Acm provklm' Io Buyer.
~me, ~33.135 of the Texm N~oJml Re~ourco~ Code roqLdmm · noUce regarding ~ m pmpal~/
b3 be Included ma pit of thle cordier.
P~g~ 110f13
the ~ m Iocited ~award of the Gulf Irrtmcoliil Wmt~-~&~, ~1.C)25, Tex~ Natural
G
Brokem ire not qualified to perrm'm prol:mfty Inspectlon., Iorve~, engineering ~tudiel, e~lv~rmaT~,~tal
ree0onlitiity of BLJy~ end no~ the brokefL
READ THI8 CONTRACT CAREFULLY. The brokera and ~ mike no mpr.~.tat~, er
Pdrk?,ipBI ~ ~ to p~y (C, oop; ~lJno EIn)k~r) ·fm
of $ or % of the II1~ prlc~ when the Fh'lncil~l Broker'l fl~ II
(.flm, c:u~ cl.lm);