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Document Id : 4235
File Type : Microsoft Word
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Ohio Land Purchase Agreement
Buy and sell bare land in the State of Ohio with this Land Purchase Agreement.
- If the transaction fails to close due to a default by the buyer, the seller will retain the earnest money deposit as liquidated damages.
- The purchase is contingent on the buyer obtaining an acceptable Phase I environmental report on the property.
- The buyer is responsible for obtaining a commitment from a title insurance company in the full amount of the purchase price.
- The seller agrees to cure any title defects within 30 days of receiving notice of such defects from the buyer.
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