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01-28-1998 Council Agenda
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01-28-1998 Council Agenda
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all costs of defending any action or lawsuit brought to recover any such fees or commissions incurred by the other <br />party, including reasonable attorney's fees. <br />26. Closing Costs. Buyer shall pay costs associated with closing except for the following: Title <br />insurance should seller not deliver an owner's duplicate or current abstract, State deed tax, conservation fee, well <br />certificate recording, and any fees associated with recording satisfactions or releases relating to transactions <br />occurring prior to the date of this Purchase Agreement, and special assessment searches. <br />27. Right of Entry. Seller will grant Buyer right of entry to the property prior to the date of closing after <br />reasonable notice by Buyer to Seller. <br />28. Construction. No provision of this Agreement shall be construed by any court or other judicial <br />authority against either Seller or Buyer by reason of any such party being deemed to have drafted or structured such <br />provision. <br />29. Addendum. Attached is one addendum which is made a part of this Agreement. <br />THIS IS A LEGALLY BINDING CONTRACT. BEFORE SIGNING, CONSULT A LAWYER. Minnesota law <br />permits licensed real estate brokers and sales agents to prepare purchase agreements. No recommendation or <br />representation may be made by any real estate broker or sales agent as to the legal sufficiency, the legal effect, or <br />the tax consequences of this contract. These are questions for your lawyer. <br />I agree to sell the property for the price I agree to purchase the property for the price <br />and terms and conditions set forth above. and terms and conditions set forth above. <br />BUYER: <br />CITY OF LITTLE CANADA <br />SELLER: <br />(Date) <br />By: <br />Mayor (Date) <br />SELLER: By: <br />(Date) <br />City Administrator (Date) <br />-7- <br />Page 74 <br />
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