Offer to Purchase And Contract - North Carolina

OFFER TO PURCHASE AND CONTRACT
_____________ _________ _________ _________ ________________________ _________ _________ ___, as Buyer,
hereb y offers to pur cha se and _____ __________ _________ __________________ _________ _________ _, as Seller,
upon acceptance of said offer, agrees to sell and convey, all of that plot, piece or parcel of land described below,
together with all improvements located thereon and such fixtures and personal property as are listed below
(collectively referred to as the “Property”), upon the following terms and conditions:
1. REAL PRO PERTY : Located in the City of ______________ _________ __________________ _________ ____,
County of _____________________________________, State of North Carolina, being known as and more
particularly described as:
Street Address_____________ _________ _________ _________ _________ _________ _________ _ Zip________ __
Legal Description:______________________________________________________________________________
(
All A portion of the property in Deed Reference: Book_________, Page No.________, ___________County.)
NOTE: Prior to signing this Offer to Purchase and Contract, Buyer is advised to review Restrictive Covenants, if
any, which may limit the use of th e Property, and to read the Declaration of Restrictive Covenants, By-Laws,
articles of Incorporation, Rules and Regulations, and other governing documents of the owners’ association and/or
the subdivision, if applicab le.
2. FIXTURES : The following items, if any, are included in the purchase price free of liens: any built-in appliances,
light fixtures, ceiling fans, attached floor coverings, blinds, shades, drapery rods and curtain rods, brackets and all
related hardware, window and door screens, stor m windows, co mbin ation doors, awning s, antennas, satellite dish es
and receivers, burglar/fire/smoke alarms, pool and spa equipment, solar energy systems, attached fireplace screens,
gas logs, fireplace inserts, electric garage door openers with controls, outdoor plants and trees (other than in
movable containers), basketball goals, storage sheds, mailboxes, wall and/or door mirrors, and an y other items
attached or affixed to the Property, EXCEPT the following items:
_____________________________________________________________________________________________
_____________ ________________________ ________________________ _________ _______________________ .
3. PERSONAL PROPERTY: The following personal property is included in the purchase price:_______________
_____________ ________________________ _________ ________________________ _________ ______________.
4. PURCHASE PRICE: The purchase price is $_____________________ __________________ ____ and shall be
paid as follows:
(a) $__________________________, EARNEST MONEY DEPOSIT with this offer by
cash personal check
bank check certified check other : ____________ _________ _________ _________ _________ ______ to b e
depo sited and held in escr ow by ________________ _________ _________ __________________ ______ (“Escrow
Agent”) until the sale is closed, at which time it will be credited to Bu yer, or until this contract is otherwise
terminated. In the event: (1) this offer is not accepted; or (2) any of the conditions hereto are not satisfied, then all
earnest monies shall be refunded to Buyer. In the event of breach of this contract by Seller, upon Buyer’ s request, all
earnest monies shall be returned to Buyer, but such return shall not affect any other remedies available to Buyer for
such breach. In the event this offer is accepted and Buyer breaches this contract, then all earnest monies shall be
forfeited upon Seller’s request, but receipt of such forfeited earnest monies shall not affect any other remedies
available to Seller for such breach.
NOTE: In the event of a dispute between Seller and Buyer over th e return or fo rfeiture of earnest money held in
escrow by a broker, the broker is required by state law to retain said earnest money in the broker’s trus t or escrow
account until a written release from the parties consenting to its disposition has been obtained or until disbursement
is ordered by a court of competent jurisd iction.
(b) $_________________, ADDITIONAL EARNEST MONEY DEPOSIT to be paid to Escrow Agent no later than
_____________________, TIME BEING OF THE ESSENCE WITH REGARD TO SAID DATE.
(c) $_________________, OPTION FEE in accordance with paragraph 13, Alternative 2, to be paid to Seller on the
Effective Date as set forth in paragr aph 23. (NOTE: If alternati ve 2 appl i es, then do not insert $ 0, N/ A , or leave
blank.)
(d) $_________________, BY ASSUMPTION of the unpaid pr incipal balance and all obligations of Seller on the
existing loan(s) secured by a deed of trust on the Property in accordance with the attached Loan Assumption
Addendum.
(e) $_________________, BY SELLER FINANCING in accordance with the attached Seller Financing Addendum.
(f) $______ ___________, BALANCE of the purcha se price in cash at Closing.
Page 1 of 5
STANDARD FORM 2-T
Buyer Initials ____ ____ Seller Initials ___ _ ____
Page 1/5
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