_________________ and _____________, referred to herein as “PRINCIPALS” herewith request that _______________________, referred to herein as “ESCROW AGENT” establish an escrow of the following described items, and dispose of them as is provided herein.

PRINCIPALS herewith deliver the following items to be held by ESCROW AGENT:
_________________________________

Any cash funds or cash proceeds shall be deposited by the ESCROW AGENT in an interest bearing account, in institutions which are federally insured for deposits in the amount of the ESCROW, or in direct obligations of the United States of America, including treasury bills or notes with maturity dates coinciding with any distributions to be made hereunder. In the event that non-cash items are deposited, the ESCROW AGENT shall maintain such items in the condition in which they were received.

ESCROW agent shall release the funds and items upon the receipt of instructions from seller, reciting the following:
____________________________________________________________

as follows:
_____________________________________________________________

said instructions shall be sworn or provided under penalties of perjury.

In the event that instructions are not received on ________, 20__, ESCROW agent shall close the escrow and return the amounts to the parties depositing or providing them originally, and shall then be absolutely discharged.

Upon receipt of such instructions and complying with the same, ESCROW agent shall be discharged as to the amounts so paid. ESCROW agent shall be absolutely discharged upon such payment and may rely solely and totally upon such certifications. ESCROW agent shall not be required to make any independent verification of the correctness of any instructions or the occurrence of any required conditions precedent and shall rely solely on certifications received as provided herein.

In the event of the receipt of conflicting instructions prior to discharge of the ESCROW agent, ESCROW AGENT shall commence an arbitration before a single arbitrator acceptable to ESCROW AGENT under the rules of the American Arbitration Association, whose decision shall be final. Upon receipt of a final decision from the arbitrator, the ESCROW AGENT shall comply therewith and upon such compliance shall be discharged from all further liability. The decision of the arbitrator shall be final, and may be reduced to judgment by any party hereto or the escrow agent.

PRINCIPALS shall indemnify ESCROW AGENT for all actions taken in compliance with this agreement.

The PRINCIPALS shall reimburse the ESCROW AGENT for expenses incurred herein as follows:
___________________________________________________________

ESCROW agent shall receive compensation for its services as follows:
___________________________________________________________

This is the entire agreement between PRINCIPALS and ESCROW AGENT. ESCROW AGENT is solely acting as a neutral stakeholder and the PRINCIPALS agree that there are no intended third party beneficiaries or parties other than PRINCIPALS to this agreement.

All notices herein shall be served as follows:

TO ESCROW AGENT:
______________________________
______________________________

TO PRINCIPALS:
______________________________
______________________________

All notices herein shall be sent by certified mail, or by overnight delivery service providing a receipt. Notices sent by certified mail shall be deemed received within one working day after first notice to the recipient for pick up, or when received, whichever is earlier. Notices sent by overnight delivery service shall be deemed received the next business day.

Dated: ____________________________

PRINCIPALS:
______________________________________________________

ESCROW AGENT:
______________________________________________________

Escrow Agreement & Instructions
Review List

This review list is provided to inform you about this document in question and assist you in its preparation. This document is extremely useful in insuring that all paperwork and deal details are implemented appropriately by the parties, and the Escrow Agent in particular.

1. Make multiple copies. Give one to each signatory. Keep one with the transaction file.
2. Review the document carefully to be sure all your deal points are covered in this document—which is the operating document for closing and fund disbursement

WHEREAS, ________________, is the contract vendee (purchaser) the following described contract for the sale of real estate:

Vendor (Seller): _____________________
Purchase price: $ ______ (______________&___/100 dollars)
Legal description: _________________________________________

In consideration of the sum of $_____(______________&___/100 dollars), ________________ assigns to ______________, all of ________________’s rights and title to said agreement. ________ _____________ shall indemnify ________________ from any and all liabilities related to said contract.

________________ further agrees to execute any and all further documents reasonably required by ______________ to perfect ______________’s assignment herein.

Contract attached as Exhibit 1.

Dated: ________________________________________________

______________________________________________________
Seller

_______________________________________________________
Purchaser

Assignment of Contract to Buy Real Estate
Review List

This review list is provided to inform you about this document in question and assist you in its preparation. Assignment of contracts is a profitable form of real estate buying. This contract is a standard form for that.

1. Make multiple copies. Give one to each signatory. Keep one with the transaction file.

To:

The undersigned hereby acknowledges that the Mortgage, known by Loan # _________ and secured against property known as ______________, and more fully described in Exhibit 1, has been paid and satisfied in full and hereby releases and discharges any and all right, title, interest claim and demand both at law and in equity that it may have to the Mortgage and the property described therein.

This Release shall inure to the benefit of the Owner and his heirs, executors, legal representatives, successors and assigns.

Date:

_____________________
Mortgage Holder

STATE OF ________________
COUNTY OF ______________

On _______________ before me, personally appeared ____________, personally known to me (or proved to me on the basis of satisfactory evidence) to be the person whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his authorized capacity, and that by his signature on the instrument the person executed the instrument.

__________________
Notary
My Commission Expires on:

Discharge of Mortgage
Review List

This review list is provided to inform you about this document in question and assist you in its preparation. This is a standard discharge of mortgage and should be filed with your registry of deeds if it relates to property you own. It is a standard financial discharge form, which can be adapted to many related purposes.

1. Make multiple copies. Give one to each related party. File one with the registry of deeds. Keep one with the transaction file.

To: ____________, ______________, _____________, ________________

_________________, referred to herein as BUYER, offers to purchase the following described real estate from ____________, referred to herein as SELLER, upon the terms and conditions stated herein.

This offer shall expire unless accepted by 5:00 p.m. on ____ ________. SELLER shall signify acceptance by executing the attached form of acceptance.

The gross purchase price shall be $ ________ (___________ &___/100 dollars). The legal description of the property is:
_________________________________________________________________

To be paid upon the following terms:

$ _____(______________ &___/100 Dollars), to be paid at closing.

The buyer shall assume and agree to pay the following existing mortgages upon the property. The unpaid principal balance of these mortgages shall be a credit towards the purchase price:
_____________________________________________________________

At least 5 business days before closing, SELLER shall provide to BUYER estoppel letters providing the balance, assumability and current good standing of the above stated mortgage(s).

The BUYER shall execute a new purchase money mortgage to SELLER, in the principal amount of $________, (___________________ &___/100 dollars) payable as follows:
Interest at the rate of: __ percent Payment schedule: _______

Said mortgage shall have the following priority:
_____________________________________________________________

This offer is conditioned upon BUYER obtaining loan approval at least __ days prior to closing of this transaction, of a mortgage loan as follows:

Principal amount: $______ (____________________ &___/100 Dollars)
Loan term: ____________
Maximum interest rate as APR under regulation Z: ____ percent
Maximum points to be paid by BUYER: ____
Maximum application fee: $____

BUYER shall make a mortgage loan application within 3 working days of the acceptance of this offer, and should the BUYER’s loan application be denied, the BUYER shall have the option, within 2 business days to rescind this transaction. If BUYER elects to rescind the transaction, BUYER shall receive any deposits made from SELLER.

The closing will be held within ____ days of the acceptance of this offer to the SELLER, but in no event in less than 20 days from the notice. The SELLER shall convey to the owner by warranty deed the property herein, and the title thereto shall be merchantable. Within 30 days of acceptance, the SELLER shall provide a binder for title insurance in the principal amount of the purchase price. The title shall be free and clear of any encumbrances other than those, if any, to be assumed by the BUYER at closing. Should any defects be in the title, the SELLER shall have 60 days to clear the same. If the SELLER is unable to do so, BUYER shall have the option of closing or rescinding this contract. Should BUYER rescind the contract, then the SELLER shall refund as liquidated damages, and not a penalty, the funds paid for the option to BUYER.

The BUYER may at its expense obtain a current survey of the property. Should the survey indicate encroachments, then the SELLER shall remedy the same within 60 days. Should SELLER fail to clear such encroachments, then the BUYER shall have the option of closing or rescinding this contract. Should BUYER rescind the contract, then the SELLER shall refund as liquidated damages, and not a penalty, the funds paid for the option to BUYER.

The SELLER shall maintain the property and all improvements in the same condition as that which exists on the date of acceptance of this agreement, and shall deliver the same to the BUYER in the same condition, ordinary wear and tear excepted.

At closing, SELLER shall provide a report from a licensed entomologist certifying the absence of termites and other wood destroying organisms. Should the report show the active presence of any wood destroying organisms, and the BUYER shall have the following options:
a) if the damage and cost of treatment is less than 10% of the purchase price, the BUYER may withhold this sum and close, and the same shall be a credit on the sums due at closing;
b) if the damage exceeds 10% the BUYER may agree to an extension of closing for 90 days to allow SELLER to repair the same at its expense, or, the BUYER may refuse to close, and shall have the sums paid for the option fully refunded by SELLER.

During the period between exercise of the option by the buyer and the closing the premises shall be adequately insured for fire and other perils.

The following closing costs will be paid by SELLER:
________________________________________________________________

The following closing costs will be paid by BUYER:
________________________________________________________________

The parties hereto acknowledge that ___________, a licensed real estate broker/salesman was the procuring broker herein.

Should the premises or any portion thereof be leased, SELLER shall provide to the BUYER either a copy of and any all leases in effect, or, should there be any tenants in possession without current written leases, the SELLER shall provide estoppel letters at least 5 days prior to closing stating that there is no lease and the duration of any verbal lease, and the terms of the verbal lease.

All taxes for the current year, escrows on mortgages assumed by the BUYER, prepaid insurance on policies assumed by BUYER, homeowners association dues, shall be prorated between the parties as of the date of closing.

At the time of closing SELLER shall provide an affidavit to
BUYER that either:
a) there have been no improvements made which would subject the property to the filing of mechanic’s, materialman, labor or other such liens; or
b) that there were improvements made to the subject property and all persons having the right under law to lien the property were paid or lien waivers obtained.

The SELLER represents to the BUYER that the present use of the property is lawful and complies with all zoning, governmental regulations and restrictive covenants and other similar contracts in effect.

Dated: _____________________

___________________________________________
_______________, BUYER/OFFEROR

ACCEPTANCE OF OFFER

I hereby accept the offer set forth above.

Dated: ____________________________

________________________________________
____________, SELLER/OFFEREE

Witnesses as to Seller’s acceptance:

________________________________________

________________________________________

Offer to Purchase Real Estate
Review List

This review list is provided to inform you about this document in question and assist you in its preparation. This is a standard offer to purchase real estate. Be sure to modify the terms to satisfy your interests.

1. Make multiple copies. Give one to each signatory. Keep one with the transaction file.
2. This is sufficient to close the transaction. There is no need, unless you choose, to formalize this into a purchase and sale agreement. In fact, avoiding another “go round” can prevent the other side from another bite at the apple, so to speak.
3.

___________________________, referred to as ADVERTISER, and ___________________________, referred to as FACILITY, agree:

ADVERTISER hereby purchases the right to display an advertisement of the following size: ___________________________ located at: _________________________________________ during the following events: ______________________________, commencing on _______________________ and ending on ______________________.

In the event that events other than those provided for above occur in facility, FACILITY may at its sole expense, remove ADVERTISERS sign, provided that FACILITY shall restore the display of ADVERTISER prior to the next event contracted for by advertiser. ADVERTISER herewith permits FACILITY, at its option, to display ADVERTISER’s message during any events not provided for herein. No extra fee shall be due for such displays.

ADVERTISER shall at its expense employ workmen to install such sign, which workmen shall be acceptable to FACILITY. ADVERTISER shall provide copy to be used for the sign in advance which must be approved by FACILITY. ADVERTISER shall install the sign with methods approved by the FACILITY. ADVERTISER and the workmen shall be jointly and severally liable for any damages to the facility caused by their installation.

Installation shall be scheduled by ADVERTISER as soon as possible and shall occur no later than _______________________ and shall be scheduled at times which shall not disrupt events occurring in the FACILITY. In the event that ADVERTISER fails to provide timely copy, FACILITY shall not be required to make any rebate or refund of charges herein.

The ADVERTISER shall be permitted to make no more than _____________________ changes in copy, which copy shall be changed in the same manner as the initial installation provided herein.

Unless specifically stated herein, ADVERTISER is not guaranteed exclusivity within its product or service lines and FACILITY may accept advertising or engage in promotions with competitive products and services.

ADVERTISER shall pay a fee of $______________ (___________________________________ & _____/100 dollars) for the display plus any applicable sales or services taxation, in advance. Lighting or electricity shall not be provided unless specifically stated herein and upon payment of an additional fee for the same. Said sum shall be earned by the FACILITY upon payment.

ADVERTISER shall not be entitled to any rebate or adjustment in the event that any events scheduled is postponed or canceled; except in the event of total cancellation of the events provided for in this agreement.

ADVERTISER warrants and represents to FACILITY that:
the copy herein is for a legal and lawful product or service;
the ADVERTISER has the right to display all of the marks and other messages stated herein;
and ADVERTISER shall indemnify and hold FACILITY harmless from any claims related to the display of the message.

Upon request and payment of the charges therefore, FACILITY will cover the display for such time periods at the ADVERTISER may request.

This agreement is personal to the ADVERTISER and may not be assigned without the prior written consent of the FACILITY.

This is the entire agreement between the parties and the same may only be changed by a writing executed by both parties hereto.

Dated: __________________________

For ___________________________:

_______________________________________ By Facility Owner

For __________________________:
_______________________________________ By Advertiser

Facility or Stadium Advertising Agreement
Review List

This review list is provided to inform you about this document in question and assist you in its preparation. Facility advertising can make the difference between profit and loss. Be sure to make the most of any facility you have, if an opportunity arises.

1. Make multiple copies. Give one to each signing party.

A special meeting of the Board of Directors of ________________________________, Inc., was held on ___________________, at ________________________________________, pursuant to, and, upon a motion made regularly and in proper order, and seconded, the board of directors of ______________________________, agreed:

That the corporation shall sell (buy) the following parcel of real estate ______________________ to ________________ for a total consideration of $______ (______________ & ____/100 dollars).

The officers of the corporation are authorized to sign such deeds and other instruments as may be necessary for completion of the sale.

______________________________ by:

______________________________________________________
SECRETARY

______________________________________________________
Attest, President

Purchase or Sale of Real Estate: Resolution of Authorization
Review List

This review list is provided to inform you about this document in question and assist you in its preparation. It is good corporate management to get Board approval for major purchases or sales of assets. You can adapt this form to such activities, from buying and selling real estate as provided herein, to buying or selling software, divisions, trademarks, or any other such things.

1. Make multiple copies. One copy should go in the transaction file and the other in the corporate minute book.

________________________, referred to as CONTRACTOR, and _____________________, referred to as OWNER, agree:

The parties have entered into an agreement for ___________________________, on _________________. Pursuant to this agreement, and any modifications thereto, substantial completion of the work is scheduled on _________________.

OWNER desires that the work be substantially complete on or before _________________.

CONTRACTOR, in consideration of an additional payment of $__________ (_____________________________ & _____/100) due on or before _________________, herewith agrees to complete all work in accordance with the plans and specifications of the original contract by _________________.

Time is of the essence in this contract. The parties agree that if the work is not completed within the time set forth in this agreement, the OWNER shall suffer damages, which shall be difficult of calculation. Accordingly, solely as liquidated damages and not as a penalty, the CONTRACTOR shall pay to OWNER the sum of $ __________ (_____________________________ & _____/100 dollars) per ______________ beyond the date specified for the completion of the work herein.

Other than those changes set forth herein, the original contract dated _________________ shall remain in full force and effect.

This is the entire agreement between the parties and this agreement may only be further amended in writing.

Dated: _______________

________________________________
________________________ By Owner

________________________________
_____________________ By Contractor

Acceleration of Contract Performance
Review List

This review list is provided to inform you about this document in question and assist you in its preparation. Time is money, especially in the construction business. This agreement can reward a contract with extra money for completing a job early. This can be used effectively in other business areas as well such as software development.

1. Make multiple copies. Give one original to each party.

___________________________, referred to as SECURED PARTY, ___________________________, referred to as DEBTOR, and ___________________________, referred to as SENIOR CREDITOR, agree:

SECURED PARTY presently holds a security interest in the following property of the DEBTOR:
_______________________________________________________

SECURED PARTY hereby agrees that its security interest in the above described goods shall be subordinated to, and of lesser dignity than the claim of SENIOR CREDITOR, provided however, that the total amount of such subordination shall not exceed $ ______ (_____________________ &___/100 dollars).

The parties hereto agree to execute and instruments reasonably requested by SECURED PARTY.

Dated: _____________________

____________________________________
Secured Party

____________________________________
Debtor

Subordination Agreement
Review List

This review list is provided to inform you about this document in question and assist you in its preparation. Subordination agreements are called for in various legal situations.

1. Make multiple copies. Give one to each involved party. Keep copies in their related files.

____________________________________

SELLER shall install _____________________ fire extinguishers rated ____________________, in accordance with all applicable laws and regulations of the State of _____________________ and other applicable jurisdictions, no later than ______________________. Said extinguishers shall meet all of the regulations of _____________________ and other applicable governmental entities.

SELLER shall inspect said extinguishers and refill or make other adjustments as a required by applicable law every _______________________ months. In the event of any change in the laws or regulations related to the number and type of inspections, SELLER shall perform the inspections upon such new schedule, if applicable to OWNER.

SELLER shall be paid $___________________
(__________________________________ & ________/100 dollars) for the initial sale and installation and $_____________________
(_________________________________________ & _____/100 dollars) per required inspection.

OWNER herewith grants an express lien upon such fire extinguishers and other times supplied by SELLER to secure repayment of the sums due by OWNER to SELLER. Any applicable sales or use tax shall be added to the amounts due.

The extinguishers shall bear the manufacturers warranty. Upon the expiration of the useful life of the extinguishers, or when required by applicable laws or regulations, SELLER shall replace the extinguishers at its most favorable price at that time.

In the event that any fire extinguisher is used or discharged, OWNER shall notify SELLER who shall replace or refill the same promptly, and shall charge its most favorable price at that time.
OWNER may terminate this agreement on _______________________ months written notice to SELLER.

Dated: _____________________________

_________________________________________
_____________________ By Owner

_________________________________________
_____________________ By Seller

Fire Extinguisher Sale & Maintenance
Review List

This review list is provided to inform you about this document in question and assist you in its preparation. It is important for legal liability to have this document in place if you are the owner of rental real estate property. If you ever have a tenant lawsuit related to fire or safety, having this document in place will serve your cause well.

1. Make multiple copies. Give one to each signer and put one in your legal file, as well as in the property in question’s file.

STATE OF __________
COUNTY OF _________

__________________________________, referred to as HOLDER, is the owner of that certain Deed of Trust, executed by _____________________, acknowledges payment in full of the same, which was recorded at _________________Book, page ___ of the ________ County, State of _________, and consents to the release of the property from the lien and satisfaction of the Deed of Trust on the record.

Dated: ________________________

___________________________________________
Signatory

__________________________________, having being duly sworn to tell the truth, acknowledges the execution of this release of Deed of Trust for the purposes stated herein.

__________________________________________
Notary

My commission expires: ___________________

Lien Release, Real Estate
Review List

This review list is provided to inform you about this document in question and assist you in its preparation. This lien release is a very important document to get signed and filed with regard to your real estate holding related to it.

1. File the notarized original with the appropriate real estate court. Keep copies in your file related to the transaction and property holding.