OFFER TO PURCHASE AND CONTRACT [Consult “Guidelines” (Form 2G) for guidance in completing this form]
For valuable consideration, the receipt and legal sufficiency of which are hereby acknowledged, Buyer offers to purchase and Seller upon acceptance agrees to sell and convey the Property on the terms and conditions of this Offer To Purchase and Contract and any addendum or modification made in accordance with its terms (together the “Contract”). 1. TERMS AND DEFINITIONS : The terms listed below shall have the respective meaning given them as set forth adjacent to each term. (a) “ Seller ”: ______________________________________________________________________________________________
(b) “ Buyer ”: ______________________________________________________________________________________________
(c) “ Property ”: The Property shall include all that real estate described below together with all appurtenances thereto including the improvements located thereon and the fixtures and personal property listed in Paragraphs 2 and 3 below.
The Property will will not include a manufactured (mobile) home(s). (If a manufactured home(s) is included, Buyer and Seller should include the Manufactured (Mobile) Home provision in the Additional Provisions Addendum (Standard Form 2A11-T) with this offer.) Street Address: ____________________________________________________________________________________________ City:____________________________________________________________________________ Zip:_____________________ County: ________________________________________________, North Carolina
NOTE: Governmental authority over taxes, zoning, school districts, utilities and mail delivery may differ from address shown.
Legal Description: (Complete ALL applicable) Plat Reference: Lot/Unit______, Block/Section _______, Subdivision/Condominium _____________________________________ _________________________________________, as shown on Plat Book/Slide _______________ at Page(s) ________________ The PIN/PID or other identification number of the Property is: _______________________________________________________ Other description: __________________________________________________________________________________________ Some or all of the Property may be described in Deed Book ___________________________ at Page ________________________ (d) “ Purchase Price ”: $ ____________________________ paid in U.S. Dollars upon the following terms: $ ____________________________ BY DUE DILIGENCE FEE made payable and delivered to Seller by the Effective Date by cash personal check official bank check wire transfer electronic transfer ( specify payment service : _____________________________) $ ____________________________
BY INITIAL EARNEST MONEY DEPOSIT made payable and delivered to Escrow Agent named in Paragraph 1(f) by cash personal check official bank check wire transfer, electronic transfer within five (5) days of the Effective Date of this Contract. BY (ADDITIONAL) EARNEST MONEY DEPOSIT made payable and delivered to Escrow Agent named in Paragraph 1(f) no later than 5 p.m. on __________________, TIME BEING OF THE ESSENCE by cash official bank check wire transfer electronic transfer BYASSUMPTION of the unpaid principal balance and all obligations of Seller on the existing loan(s) secured by a deed of trust on the Property in accordance with the attached Loan Assumption Addendum (Standard Form 2A6-T). BY SELLER FINANCING in accordance with the attached Seller Financing Addendum (Standard Form 2A5-T). BY BUILDING DEPOSIT in accordance with the attached New Construction Addendum (Standard Form 2A3-T). BALANCE of the Purchase Price in cash at Settlement (some or all of which may be paid with the proceeds of a new loan)
$ ____________________________
$ ____________________________
$ ____________________________
$ ____________________________
$ ____________________________
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This form jointly approved by: North Carolina Bar Association ’s Real Property Section North Carolina Association of REALTORS , Inc.
STANDARD FORM 2-T Revised 7/2022 © 7/2022
Buyer ’s initials ______ ______Seller ’s initials ______ ______
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