Georgia Purchase and Sale Agreement Form

Georgia Purchase and Sale Agreement Form
Georgia Purchase and Sale Agreement Form
Copyright Nicnia Real Estate for Audrie.com Georgia Purchase and Sale Agreement Page1 of 7
GEORGIA PURCHASE AND SALE AGREEMENT
Offer Date: _________________
2008 Printing
1. Purchase and Sale. The undersigned buyer (“Buyer”) agrees to buy and the undersigned seller (“Seller”) agrees to sell the Property
with the following address ___________________________________________________________ ,
City _______________________________, County_________________________, Georgia, Zip Code ___________
together with all fixtures, landscaping, improvements, appurtenances, and all other property owned by the Seller and attached to the
above real property (except those identified in any Seller’s Property Disclosure Statement attached hereto as not remaining with the
Property) and as more particularly described in the Legal Description Paragraph below (all of which is hereinafter collectively referred to
as “Property”).
2. Legal Description. [Check Section A or B below. The section not marked shall not be a part of this Agreement.]
A. The legal description of the Property is attached as an exhibit hereto.
B. The full legal description of the Property is the same as is recorded in the land records of the county in which the Property is
located and is incorporated herein by reference. The legal description of the Property is more specifically described below and can
be found in said land records in the following deed book and/or plat book, if filled in below:
Land Lot(s) ________of the _________ District, _________Section/ GMD,
Lot ______, Block _________, Unit_________, Phase/Section __________ of
_____________________________________________ Subdivision/Development,
___________________ County, Georgia as recorded in:
1. Plat Book ______, Page ________, et. seq.; or
2. Deed Book _____________, Page ____________, et. Seq
3. Purchase Price And Method Of Payment.
The purchase price to be paid by the Buyer (in U.S. Currency) at closing is: ...................... $________________________
(a) Cash deposits to be held in trust by Escrow Holder: _________________
and applied towards the purchase price of the Property at closing: .............................. $________________________
(b) Mortgage financing checked below and described under “Financing,” and or in separate exhibits.
____ Assumption of existing mortgage with approximate balance of ............................ $_____________________
____New mortgage financing in the amount of: ............................................................ $_____________________
__Purchase money mortgage or note to seller in the amount of: .................................. $_____________________
(c) Buyer warrants that Buyer will at closing have additional cash or locally drawn
bank or cashier’s check(s) in the amount of: ............................................................... $_____________________
.
4. Financing
The portion of the Purchase Price not payable in cash will be paid as follows (Check applicable items below)
(a) ALL CASH AT CLOSING: This is an all cash transaction with no contingency for mortgage loan financing. Buyer shall pay
the purchase price in cash to Seller at closing.
(b) NEW LOAN TO BE OBTAINED: This Agreement is contingent on Buyer’s ability to obtain approval of a loan in the total
amount of $_____________________ within _______days after the Effective Date.
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