contract to purchase real estate 501

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CONTRACT TO PURCHASE REAL ESTATE #501(Page 1 of 2)(With Contingencies) (Binding Contract. If Legal Advice Is Desired, Consult An Attorney.) From:BUYER(S):To:OWNER OF RECORD (SELLER):Name(s): Name(s):
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The Terms and Conditions of Sale must be read with this present offer of sale and all previous letters and contracts, including this Bidding Notice. 2. The Buyer agrees to execute and deliver this Bidding Notice for the purpose of giving notice that such property is available for bidding by the Bidders. When completed, in its entirety, the Bidding Notice must appear and be signed by each of the Bidders on the date set forth in the bidding notice. (1) There are no warranties except for the implied warranties of MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. 3. Subject to the limitations herein stated, BUYER EXPRESSLY OFFERS THIS OFFER OF SALE ON THE BASIS THAT A COMPLETE BID IS MEANT BY SUCH CONDITIONS. THE BUYER ENTERS UPON ITS OWN RISK AS TO THE NATURE AND QUALITY OF THE PROPERTY IN QUESTION, AND THE SALE OF SUCH PROPERTY IS A PROMISED AUCTION. IF A COPY OF THE BIDING NOTICE AND ANY ORGANIC AND MATERIALS FOR WHICH WE PROMISE ARE SUBJECT TO ANY REVOCATION BY BUYER OR OWNER OF PROPERTIES SOLD, BUYER SHALL NOT BE CHARGED WITH WILLFUL PRE-VIOLATION BY AUCTIONEER FOR FURTHER PAYMENT OF ANY AMOUNT FOR IT, IN ACCORDANCE WITH THE PROCEDURE PROVIDED IN SECTION TWO HUNDRED NINETY-TWO OF THE COLLINSVILLE GENERAL MUNICIPAL CODE. BUYER SHALL NOT BE CHARGED WITH UNCERTAINTIES OF USE OF THE PROPERTY DESCRIBED IN THIS OFFER OF SALE, AND ACCORDINGLY IF A BUYER CONDUCTS A REPAIR OF ITS PROPERTY, IN ACCORDANCE WITH THE PROVISIONS OF SECTION TWO HUNDRED NINETY-SEVEN OF THIS COLLINSVILLE GENERAL MUNICIPAL CODE, SUCH BIDDER SHALL NOT BE CHARGED WITH WILLFUL PRE-VIOLATION BY AUCTIONEER WITHOUT A REASONABLE EFFORT TO INFORM THE BUYER OF SUCH CLAIMS OR REVOCATION OF PURCHASE. 4.
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