Fort Walton Beach Ordinance — 2039--100 Ready Avenue--Sale of Property — reading text

authorization and in accordance with Florida law and the terms of this 303 Contract, including disbursing brokerage fees. The parties agree that Escrow Agent will not be liable to any person for 304 misdelivery of escrowed items to Buyer or Seller, unless the misdelivery is due to Escrow Agent's willful breath of this Contract 305 or gross negligence. If Escrow Agent interpleads the subject matter of the escrow, Escrow Agent will pay the filing fees and 306 costs from the deposit and will recover reasonable attorneys' fees and costs to be paid from the escrowed funds or equivalent 307 and charged and awarded as court costs in favor of the prevailing party. All claims against Escrow Agent will be arbitrated, so 308 long as Escrow Agent consents to arbitrate. 309 16. PROFESSIONAL ADVICE; BROKER LIABILITY: Broker advises Buyer and Seller to verify all facts and representations 310 that are important to them and to consult an appropriate professional for legal advice ( for example, interpreting contracts, 311 determining the effect of laws on the Property and transaction, status of title, foreign investor reporting requirements, 312 the effect of property lying partially or totally seaward of the Coastal Construction Control Line,; etc.) and for tax, property Buyer acknowledges that Broker does not reside in the environmental and other specialized advice. 313 condition, 314 Property and that all representations ( oral, written or otherwise) by Broker are based on Seller representations or 315 public records. Buyer agrees to rely solely on Seller, professional inspectors and governmental agencies for 316 verification of the Property condition and facts that materially affect fees Property levels, value. incurred attorneys' Buyer andby Seller at respectively will Broker and Broker's all 317 pay all costs and including expenses, reasonable 318 officers, directors, agents and employees in connection with or arising from Buyer's or Seller's misstatement or failure 319 to perform contractual obligations. Buyer and Seller hold harmless and release Broker and Broker's officers, directors, 320 agents and employees from all liability for loss or damage based on ( 1) Buyer's or Seller's misstatement or failure to perform 321 contractual obligations; (2) Brokers performance, at Buyer's and/ or Seller's request, of any task beyond the scope of services 322 regulatedby Chapter 475, F. S., as amended, including Broker's referral, recommendation or retention of any vendor; (3) 323 products or services provided by any vendor; and( 4) expenses incurred by any vendor. Buyer and Seller each assume full 124 responsibility for selecting and compensating their respective vendors. This paragraph will not relieve Broker of statutory 125 obligations. For purposes of this paragraph, Broker will be treated as a party to this Contract. This paragraph will survive closing. 26 17. BROKERS: The licensee(s) and brokerage(s) named below are collectively referred to as" Broker." Instruction to Closing 127 Agent: Seller and Buyer direct closing agent to disburse at closing the full amount of the brokerage fees as specified in 28 separate brokerage agreements with the parties and cooperative agreements between the brokers, except to the extent Broker 129 has retained such fees from the escrowed funds. In the absence of such brokerage agreements, closing agent will disburse 30 brokerage fees as indicated below. This paragraph will not be used to modify any MLS or other offer of compensation made by 31 Seller or listing broker to cooperating brokers. 32 Selling Finn/ Brokerage Fee:($ or% of Purchase Price) 33 Selling Sales Associate/ License No. 34 Mark G. Bethea Realty House Commercial Properties. Inc. of Purchase Price) Listing Firm/Brokerage Fee:($ or% 35 Listing Sales Associate/ License No. ADDITIONAL TERMS: 36 37 18. ADDITIONAL TERMS: 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 Buyer( and Seller( viran )( acknowledge receipt of a copy of this page, which is Page 6 of 7 Pages. 2007 Florida Association of REALTORSe All Rights Reserved VAC- 9 R v. 4/ 07 © www. TrueForms. com 800- 499- 9612 Form generated by True Forms- 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 This is intended to be a legally binding contract. If not fully understood, seek the advice of an attorney prior to signing. 377 OFFER AND ACCEPTANCE 378 ( Check if applicable: Buyer received a written real property disclosure statement from Seller before making this Offer.) 379 Buyer offers to purchase the Property on the a•••: terms and conditions. Unless this Contract is signed by Seller and a copy 380 delivered to Buyer no later than 5 X p. m. on August 12, 2020 this offer will be 381 revoked and Buyer' s deposit refunded subject t. . 5.- r of funds. 382 O! NT: R OFFER/ REJECTION 383 Seller counters Buyer' s offer( to accept the c• Int- offer, Buyer must sign or initial the counter offered terms and deliver a to Seller. Unless otherwis ted, the time for acceptance of any counteroffers shall be 2 days from the 384 i85 copy of the acceptance date the counter is delivered. Seller rejects Buy= 1• : offer. r1( 2V 86 Date: Buyer: vl. ir 87 Print name: MOMMA cif- Buyer: C= r-s rn . 7,x, 1. 88 Date: a zlvfiZei o y 89 Phone: Print name: CS.'- c aF c... Th 90 Fax: Address: 91 E- mail: 92 Date: Seller: 93 Print name: 94 Date: Seller: 95 Phone: Print name: 96 Fax: Address: 97 E- mail: 98 Effei Date: The date on which the last party signed or initialed acceptance of the final offer.) 99 Buyer( . cli i )( and Seller( revs-,1 )( acknowledge receipt of a copy of this page, which is Page 7 of 7 Pages. The Florida Association of REALTORS and local Board/Association of REALTORS make no representation as to the legal validity or adequacy of any provision of this form in any specific transaction. This standardized form should not be used in complex transactions or with extensive riders or additions. This form is available for use by the entire real estate industry and is not intended to identity the user as a REALTOR. REALTOR is a registered collective membership mark that may be used only by real estate licensees who are members of the National Association of REALTORS and who subscribe to its Code of Ethics. The copyright laws of the United States( 17 U S Code) forbid the unauthorized reproduction of blank forms by any means including facsimile or computerized forms 2007 Florida Association of REALTORS® All Rights Reserved VAC- 9 Rev. 4/ 07 © Form generated by TrtteForms" www. TrueForms. com 800. 499- 9612 II* Ybale'Mlllw... 21/ 16, 1' WI at. ogab rq 22. M. Oe1E2rt an.b allow Co"? Waft No.= MOM It mamaM oval oMaRry'roh2 hallobWNW k7aMX,wE12. E1tlbMWad. lawted 0bh TIM MMI NET E21Ea21MMN20el1E UOIMMI OWR1911NBMRTfMrfIB20,M1I OF NEW NM(NbOMfa IATIar110112 TWIN 21IW11 PAM N MST.OW106ACp. I.111:011M. er 1f I r 1 I I' VACANT& WOODED r MAY CONTAIN JURISDICTIONAL WETLANDS) I ik Ifl aNMbE EMIT i 141,1111,P11.