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24-3443 Approving Sale and Purchase Agreement for 106 Wilshire Drive
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24-3443 Approving Sale and Purchase Agreement for 106 Wilshire Drive
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7/24/2024 3:17:08 PM
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7/24/2024 3:16:45 PM
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Resolutions
City Clerk - Date
7/22/2024
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If initialed by all parties, the clauses below will be incorporated into the Florida Realtors®/Florida Bar Residential Contract <br />For Sale And Purchase between BRIAN D. EUBANKS (SELLER) <br />and CITY OF CASSELBERRY /RIIVI:P% <br />concerning the P <br />106 Wilshire Dr <br />Casselberry <br />Buyer's Initil/s Seller's Initials <br />F. APPRAISAL CONTINGENCY <br />FL 32707-5335 <br />This Contract is contingent upon Buyer obtaining, at Buyer's expense, a written appraisal from a licensed Florida <br />appraiser, on or before 7/31/2024 (if left blank, then at least ten (10) days prior to Closing), stating <br />that the appraised value of the Property is at least $ 285r000.00 (if left blank, the Purchase Price). If the appraisal <br />states that the appraised value of the Property is less than the above value, Buyer shall deliver a copy of such appraisal to <br />Seller within 3 days after the above date and deliver written notice to Seller, either: a) terminating this Contract in which <br />event the Deposit paid shall be refunded to Buyer, thereby releasing Buyer and Seller from all further obligations under <br />this Contract; or b) waiving and removing this contingency and continuing with this Contract without regard to the <br />appraised value of the Property, except as provided in Paragraph 8(b) if it is checked. <br />If Buyer fails to timely obtain an appraisal, or having timely obtained such appraisal fails to timely deliver notice of Buyer's <br />exercise of the right to terminate granted above, this contingency shall be waived and removed, and Buyer shall continue <br />with this Contract, without waiving any of Buyer's rights in Paragraph 8(b) if it is checked. <br />Page 1 of 1 F. APPRAISAL CONTINGENCY <br />CR -6 Rev. 10/21 © 2021 Florida Realtors® and The Florida Bar. All rights reserved. <br />This software is licensed to [Ms. Nancy Groves - YELLOW DOOR REALTY LLC] www.transactiondesk.com. TRANSACTIONS <br />rrnosau:onge:: &duir, <br />
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