Loading...
HomeMy WebLinkAbout1688 ABSTRACTS. Charges: The aeller shaU furnish an abstract of title showmg his ~itle to bc martetabk or msurable and will pay for the same. ~ l~livery: The selk~ will have the abs~ract delivered w the buye~ or whomever thc buye~ rcqutsts. When: The abst~act will ~_~ivered wnhi~days ar within 10 days trom date of coauact if this biank is na 61kd ia. ~ BROKFsR'S FEB. In the absence of any specific s~reemeat betwan the uller aad the broker. the bmke~ Aas earaod bis fec for profcs- siw~al se~vicw readered as of the date of tha esxu~ioa at the contract by all partia but sbaU not ba eatitied to paya~mt uatil the date of closiag, aod ia the event tLe xller refusa for any rsason to cbse. the braker h eAtitlod W and tho seller agras to pay his full ta. 'I'he a~wunt ot tde foe shall bo S CHEC~CS. TMt seUer shaU be paid tbe purchase price oo delivery of deed and it • personal check is delive~ed (either local or out of townl is entitkd to have it clearcd Detore delivery of the decd. The seller agrces to accept a cashier's check ar ceniCxd chccl. CLOSING. Time: The sale shall be cloaed within.~90 days from date of the c~va~ct~oCr~t this blaak is not filled ia. withia 30 days from the date, and will be at ~oon on the date of closing, unless otherwiu agreed. Place: Place of ciosing shall be at any local offxe desig- nated by buyer or the office of the titk company closing for the buye~. In the abunce of notice to the uiler of tht ptace of closing, the dctd may be tendered at the Cle~k's of6ce in the Circuit Court of Broward County, Florida, at the recordina window on the date ot closing. Payment: la the absence of an agrced place to tende~ puyment, payment may be, tende~ed at the said Ckrk's ofTice. CONDITION. property being sold as is. DEEO The seller agroes to convey title free and cku ot aii encumbrances exoept restrictioos of recatri common to tbe subdivisioa and EAS~MENTS for drainage, anchors and for pubtic utilitia in existence or sAown by the plat or a matter of rccord atd fra and ckar of alt other encumorance~ t:cept u specifica!!y set forth in the coatract and in the absence of speciRc asreement as w the type of deed, s statutory fotm warranty doed will be usod. Seller~ Mri oaat of pr~paration of dad. State Documwtary Siamps, aad State Sur-tax. DL'POS(T. Checks issued for the depoait on this contract will be deposi[od promptly for clearaace a~ tlK holder of tbe deposit will na be responsibk tor non-payment of cdccks. Depasit checks will be deposited aod the funds held in escrow account uatil the sak is closed. If the seller does not execute the coatract, tbe depoait wiit be returned to the buyer. lf the coatract is uted b the bu r and the uller aad the sale 's rwt cl because of the fault of the bu er, the holder of the de 't is directod to pay ~ ~1~~~~ the deposit to the solier as coosidaation for eaecution of this agreemeat and the holder of the depoait will be held harmlcss by al! parties fcK disbursemeot in good faith ac herc provid~d. If the contract is executed by the buyer and tt~e setler and the sale is not closed because of the fault Ikr. the deposit shall be retwned to the buyer_ Thcse direc~ions u to disbursement of the deposit shall not af~ect tbe rights of the'~~~buyer, to pnrsue any acGoa for en- forcement of this contract or for damages because of non performance by defauldnt party. _ ENCUMBRANCES. Encumbranca to be discharged by uller may be paid at his optiun out of putchase money at date of closing. ESCROW FEES. Any eurow fees incurred will be paid one-half by the buyer and one-half by the seller. ESCROW FUNDS, Buyer shall rcimburse seller for assignment. of escrow funds held by mortgaga. if any. lMPROVEMENT LIENS. Improvanent accruiog to the pnmises such as pavins the strat or iastallatim~ of a sidewalk and tbe like. com- ~leted and not paid for before ctoaing, shall be paid at the closiag by the selkr. Repairs to the builQing, including but not limited to, painting, shall be paid by the uller beforc or at closing. (See Mechanic's Liens.) ImproverrKnis to the premises including street improvements, iasWla- i tion of sidewalks and sewers and the like which have ban authoriud by prop~r authoriry but on which no work has commenced or on which work is in progreu but not compkted sb~ll be paid by t6e buyer. ~ X ~~~~~d~p~~~~~ 1~9F ~fiX~fi~ii~,K#~i~Ciia~El~i'~id6Xa~Y~~tdtXclidt~t~(~lC1~S1f9t~l~i~f9CaC~(~44(aE9P~l~RX9EX~f~F'!E°JE ~ ~~l~C~E~t°JF~ ~~X~iX~~taba(ddXc~(il~d6~~lWiidCli~[~f7C74~~']tX~C~R~~C~f~QEl~lClQ4C~E'~lE~lE~lt~R9e4CR°R~X~ ~Gl~]fd~+X~X~a[~lt~~C~X~X~1C~~4Cx~E INTANGIBLE TAXES. T6e seller will pay intangible tax on mortgages delivered to him. (TtK rate is 2 mills on a dotlar.) INTERESf. Interest on mortgages oa the property that the buyer takes subject to or usumes will be prorated to the date o[ closing. IN : EMORY. If the ~operty is improved and fwniture and furnishiags an included in the sale price. an inventoryyshould be agned upon at the time of execudoa of the contract by the parties and a copy of the inventory shali be attached to the contract. If the property to be conveyed in che convact includes furniture and furnishingc and no inventory is agreed upon, all fumiturc and fumishings, but excludiog items of personal adomment. go with the titk to the real atate and the parties so.agree. 1_EASES. In the event the property is encumberod by kascs, the rents will be pro~ated as provided herein and al! leases shall be assigned to the buycr and will be delivered to the buyer at clasing. - MECHANIC'S LIENS. The property is beiqg sold (ree and clear of all possibk mechanic's liens for work done or material furnished in improving the pnmises. lf impravements hav~ been completed leu than 90 days, setter will furnish security asainst rt:echanic's lieas or cvidence of payment of iieas or acceptable r~elease or waiver of liens. Seller, at e)osing, upon request of buyer, shall make an affidavit as to the items ~'turibed in lhis paragraph. MORTGAGFS. If the property is sold subject to existing mortgages, the mongages will be current as of the date of closing and selkr shall furnish state~went from mortgagoe as to status of mortgages, and the buyer assumes and agrces to pay said mortgagcs. If buyer is to deliver nou and mortgage, he pays for preparation ot same. ' POSSESSION. Possessioo and oocupancy will be deliverod at closing unless otherwix agreed hercin. The best practice to follow nguding i possession in the event that furnished property is sold, is to tiavc both parties check the inventory the day of closing, lock the premises and go to the plaoe of closing and at the time of ~losing the uller delivets the keys to thc buyer, in the abaence of any specific agreement other- ; ` wise. pcusession will be delivercd as herein outlined. (See Tenants.) ~ ~ RENT. Rent will be prorated on the basis of a 30-day month to the date of closing, with the closing day rcnt to go to seller. ~ RFSTRICTIONS. The ties a rce that the ! par g property is sold subject to restrictions and easements common to the subdivision. ~ SALES TAXFS. Sales taxes for rents cao be a lien on real estate and any such li~n will be paid by the selkr u of date of closir.g. ' SPECIAL TAXES. Special taxes or assessments levied against the property for work completed will be paid by the seller. Special taxes or ! assessments for work in pmgress or authorined to be done will be paid by the buyer. TAXES. Real property taxes shall be prorated to the date of closing_ Taxes will be prorated an tfx (atest information availabte and thc ' partics agree that if the exact amount is not available that thoy will be adjusted on thc eaacl amount payab)e with discount. TENANT'S. if the property is improved and tenantc are in posxession, tbe buyer aRrees to accept the propony subject to ~he rights of tenants in possession and the seller agrees to deliver to the buyer a statement from the tenants ac to their term of occupancy and the date and amount of rents that have been paid and are to be paid. # TlTLE. 7'he seller represents that his title is good and marketable ~ in~urable by a Iitle insurance u?mpany with a local agent and in the event that the IiUe is not found to be good and marketable or ins~rable the selkr agrtes to use reasonahte diligence to make the zaiJ title good and markelable or insurabk within a reasonab(e time and if afte~ reacenable diligence on his Part said title .haU not hr made ecxKl ' and marketable or insurabk al! monies that hare been paid by tl~e huyer shall he returned to him and he shali :+e rclea~eJ from all ohli- Fationc hereunder or, at the buyer's option, and at his rcquest the setler shall deliver title in its exi.ting condition. Imurable Title: If the title insurable by a titk insurance company with a local ageni. the partitc agree that the xller will havr. in ~hat case, tenJereJ a goc~d tidc and the fee for ttx tide'insurartce will be paid by the buye~. ~ ~ TRANSFER FEES. Fees cha~ged by holder of mortgage for furnishing information or changiog records shall be paid one-half by the buyer and one-half by tbe seller. i ~ ~ COP7RIGNT OROW~MD COUMT~' T1flE CO 19~0 J~ ~~14 ~rl:K ~ _ i ~ : ~ ~ . - _ - ~ - ~ ~.3 _ . s~~~~::~