Memorandum of Contract For Sale and Purchase of Property This is a Memorandum of that unrecorded Contract for Sale and Purchase of Property
("Contract"), dated ________________, between _____________________________________,
(hereinafter referred to as "Seller"), and ____________________________________, (hereinafter
referred to as "Buyer") concerning the real property ("Property") described in Exhibit "A" attached
hereto and made a part hereof by reference.
For good and valuable consideration, Seller has agreed to sell and Buyer has agreed to
buy, the Property upon the terms and conditions set forth in the Contract, which terms and
conditions are incorporated in this Memorandum by this reference. Except as provided in the
Contract from the date hereof, Seller shall not have the right, with respect to the Property to
enter into any new contracts, leases or agreements, oral or written, without the prior written
consent of Buyer.
This Memorandum is not a complete summary of the Contract. Provisions of this
Memorandum shall not be used in interpreting the Contract. In the event of conflict between this
Memorandum and the Contract, the Contract shall control.
IN WITNESS WHEREOF, the parties have executed this Memorandum on
_________________, 20________.
SELLER:
_____________________________ _______________________________
__________________________
Witness
PURCHASER:
_____________________________ ______________________________
__________________________
Witness
Notary Public This document and accompanying materials are designed to provide authoritative information in regard to the subject matter covered in it. It is for illustration purposes only and presented with the understanding that the author and publisher are not engaged in rendering legal, accounting or other professional opinions. If legal advice or other expert assistance is required, the services of a competent professional should be sought. |
