Laserfiche WebLink
COMMERCIAL PURCHASE AGREEMENT <br />This form approved by the Minnesota Association of REALTORS® <br />and the Minnesota Commercial Association of REALTORS®, which <br />disclaims any liability arising out of use or misuse of this form. <br />© 2021 Minnesota Association of REALTORS®, Minnetonka, MN <br />1. Page 1 Date <br />2.BUYER(S) is/are: , (Check one.) <br />3. individual(s); OR a business entity organized under the laws of the State of . <br />4.SELLER(S) is/are: , (Check one.) <br />5. individual(s); OR a business entity organized under the laws of the State of . <br />6.Buyer's earnest money in the amount of <br />7. Dollars <br />8. ($ ) shall be delivered no later than two (2) Business Days after <br />9.Final Acceptance Date to be deposited in the trust account of: (Check one.) <br />10. listing broker; or <br />11. , <br />(Trustee) <br />12.within three (3) Business Days of receipt of the earnest money or Final Acceptance Date whichever is later. <br />13.Said earnest money is part payment for the purchase of property at <br />14. located in the <br />15.City/Township of , County of , <br />16.State of Minnesota, Zip Code , PID # (s) <br />17. <br />18.and legally described as follows <br />19. <br />20. (collectively the "Property") <br />21.together with the personal property as described in the attached Addendum to Commercial Purchase Agreement: <br />22.Personal Property, if any, all of which property the undersigned has this day sold to Buyer for the sum of: <br />23. <br />24. <br />25. ($ ) Dollars ("Purchase Price"), which Buyer agrees to pay in the following manner: <br />26.1. CASH of percent (%) of the sale price, or more in Buyer’s sole discretion, which includes the earnest <br />27.money; PLUS <br />28.2. FINANCING of percent (%) of the sale price. Buyer shall, at Buyer’s sole expense, apply for any <br />   ÄUHUJPUNHZYLX\PYLKI`[OPZ7\YJOHZL(NYLLTLU[ <br />30.Such financing shall be: (Check one.) a first mortgage; a contract for deed; or a first <br />31.PRUWJDJHZLWKVXERUGLQDWHÀQDQFLQJ, as described in the attached Addendum to Commercial Purchase Agreement: <br />32. Conventional/SBA/Other Contract for Deed. <br />-------------------------------(Check one.)------------------------------------------ <br />33.DUE DILIGENCE: This Purchase Agreement IS IS NOT subject to a due diligence contingency. (If answer is IS, <br />------(Check one.)----- <br />34.see attached Addendum to Commercial Purchase Agreement: Due Diligence.) <br />35.CLOSING: The date of closing shall be . <br />MNC:PA-1 (8/21) <br />March 29 2022 <br />Little Canada Economic Development Authority <br />8 Minnesota <br />Sunset Of Oak Island Inc &Lachner LP, A Minnesota Limited Partnership <br />8 Minnesota <br />15,000.00 <br />Fifteen Thousand <br />8 Land Title <br />2750 Rice Street <br />Little Canada Ramsey <br />55113 062922330002 <br />SUBJ TO RICE ST THE S 65 FT OF W 183 FT OF N 3 35/1OO <br />ACRES MOL OF SW 1/4 OF SW 1/4 OF SEC 6 TN 29 RN 22 <br />Three Hundred Twelve Thousand Five Hundred <br />312,500.00 <br />100 <br />0 <br />8 <br />April 20th 2022