Commercial Property Purchase Contract

This Commercial Property Purchase Contract (the "Agreement") is made as of ________ by and between:

Seller:
Address:
Buyer:
Address:

1. Property

The Seller agrees to sell, and the Buyer agrees to purchase the following commercial property:

• Property Address:
• Legal Description:

including all buildings, improvements, and appurtenances thereon (the "Property").

2. Purchase Price

The total purchase price for the Property is $ ________ (the "Purchase Price"), payable as follows:

1. Deposit: $ ________
2. Balance at Closing: $ ________

3. Closing

The closing of the purchase and sale of the Property (the "Closing") shall take place on ________, or at such other time as the Parties may agree in writing.

4. Conditions Precedent

• Buyer’s review and approval of title report and property inspections.
• Obtaining any necessary financing by Buyer.
• Other:

5. Representations and Warranties

• Seller represents that they have good and marketable title to the Property.
• Seller will convey the Property free and clear of all liens and encumbrances except as specifically disclosed herein.
• Other:

6. Risk of Loss

Risk of loss or damage to the Property shall remain with the Seller until Closing.

7. Miscellaneous

• This Agreement constitutes the entire understanding between the Parties.
• This Agreement may be amended only by a written instrument executed by both Parties.
• Other:

8. Signatures

Seller Signature:
Date:
Buyer Signature:
Date: