OFFER TO BUY REAL ESTATE AND ACCEPTANCE

            I/We,                                                                     (name), offer to buy from
                                                       (name) real estate in                                       
 County, State of                         described as follows (legal description of real estate):

 Together with easements and servient estates, and subject to any zoning and other
 ordinances, covenants of record, liens of record, mineral rights of record, and interest of
 others on record.  The street address of this real estate is ___________________
                                                                                                                               .

            This Offer to Buy is conditioned upon buyer(s) being permitted to make the
 following use of the real estate upon taking possession of it:                               
 ________________________________________________________________.

            The buyer(s) offers the sum of                            as the purchase price for the
 real estate, payable at                                                                   County, State of
                                                         , as follows:  ___________________________
                                                                                                                           .
 This Offer (is/is not) conditioned upon buyer(s) obtaining financing for the purchase by
                                       (date if applicable).  The sum of                                       
 as part of the purchase price shall be paid to seller(s) upon acceptance of this Offer and
 placed in escrow pending execution of a deed, real estate contract, or other conveyance.
 Such earnest money (is/is not)¹⁵ refundable.

            Seller(s) shall deliver possession of the real estate to buyer(s) on                      
 __________ (date), subject to the timely performance of obligations pursuant to this Offer
 by buyer(s).  Upon buyer(s) payment of the purchase price according to the terms contained
 herein, seller(s) shall convey the real estate to the buyer(s) as follows:                    
                                                                                                                                
 (give description of deed, contract, or other conveyance).  The real estate shall be free and
 clear of liens, restrictions, and encumbrances except as otherwise noted in this Offer and
 Acceptance.

This is not a substitute for legal advice.  An attorney must be consulted.
Copyright © 2002 by LAWCHEK, LTD.

OFFER TO BUY REAL ESTATE FORM cont'd.

            Seller(s) shall furnish abstract of title continued up to the time of acceptance of this
 Offer, at the expense of the seller(s) , and deliver it to the attorney for buyer(s) at least
                  days prior to the date of closing for examination.  If allowed by the laws of the
 state where the real estate is located, the seller(s) may, in lieu of abstract of title, provide an
 owner’s policy of title insurance in the face amount of                                       , naming
 purchaser as the insured.  Such title insurance shall be written by a title insurance company
 duly licensed in the state where the real estate is located.  The title insurance policy shall
 insure title to be in the condition as stated in this Offer and Acceptance.

            Real estate taxes, special assessments, and fire and casualty insurance shall be paid
 by the parties as follows:                                                                                                   
                                                                                                                                        
 Unless stated otherwise, proration of real estate taxes shall be based upon taxes for the year
 presently payable.

            All fixtures located upon the real estate are considered part of the real estate and are
 included in the sale of this real estate, except for the following items:                      
_________________________________________________________________
(State with particularity any fixtures expressly retained by the seller(s)).

            Seller(s) shall maintain the real estate in its present condition up to the time of
 delivery of possession.  Risk of loss remains with the seller(s) until delivery of possession.
 In the event of loss or destruction of the real estate, including fixtures, occurring prior to
 delivery of possession, the buyer(s) may rescind this Offer and Acceptance or, in the
 alternative, accept delivery of possession and title together with any fire and casualty
 insurance proceeds payable for such loss or destruction.

            This Offer shall expire if not accepted by seller(s) on or before                         
 O’clock, (A.M., P.M.) on                               in the year of                    , and it shall
 become void and all payment shall be repaid to the buyer(s).  Time is of the essence in the
 performance of the obligations specified by this Offer and Acceptance.

            All words and phrases contained in this instrument (and the attached
 Acknowledgment, if any) are to be construed in the singular, plural, masculine, feminine or
 neuter according to the context.

            Other provisions:                                                                                       
 ____________________________________________________________________
 _____________________________________________________________________
 _____________________________________________________________________
 _____________________________________________________________________
 _____________________________________________________________________
(State with particularity any other agreements or obligations to be provided by this Offer and Acceptance.)

This is not a substitute for legal advice.  An attorney must be consulted.
Copyright © 2002 by LAWCHEK, LTD.

Date:                                               

_________________________________    _________________________________
Buyer                                                                Buyer

            This Offer is accepted on                                        in the year of             .

________________________________    _______________________________
Seller                                                                 Seller

________________________________    _______________________________
Witness (If required by law)                              Witness (If required by law)

________________________________    _______________________________
Witness (If required by law)                              Witness (If required by law)

Attach Acknowledgment If Required By Law.

This is not a substitute for legal advice.  An attorney must be consulted.
Copyright © 2002 by LAWCHEK, LTD.