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• IMMLAIorm No. 21
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<br />- Page 1 of 2 Pages*
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<br />Puget Sound Multiple Listing Association
<br />RESIDENTIAL REAL ESTATE PURCHASE AND SALE AGiREEMENT _ �Ll BLGHTRZESERVED
<br />THIS AGREEMENT AFFECTS YOUR LEGAL RIGHTS. YOU ARE ADO TQ SEEK LEGALE,LAAnnv-` r[,E RPFRF efr, iwgg JJ''
<br />The Buyer, Citv of Tukwila agrees to buy
<br />and Seller agrees to sell, on the following terms, the property known as =` , -. . 1 40t11.
<br />City of Tukwila
<br />Lot 2, Cityhort
<br />,lir ; County, Washington, legally described ❑ as attached as follows:
<br />Plat ;-. _4 -13 -
<br />(Buyer and Seller authorize Selling Agent or closing agent to insert or correct, over their signatures, the legal description of the property.) Except in paragraph 11, the term "agent"
<br />means the real estate company.
<br />1. PURCHASE PRICE. The purchase price Is C i ?i r : Thirty r sem, 4 ; i x --
<br />($ 134, 0i 0.00 ) , including the earnest money.
<br />2. METHOD OF PAYMENT.
<br />3uyer agrees to i - Ay -ail Cx sh at
<br />receipt& earnest away.
<br />i
<br />3. FINANCING. This offer 0 Is Er is not conditioned on Buyer obtaining a 0 Conventional 0 FHA ❑ VA purchase loan. (If itis, attach Addendum No. 22A)
<br />4. CONTINGENCY. This agreement 0 Is iff is not conditioned on the sale of Buyer's home. (If It Is, attach Addendum No. 22B)
<br />5. STRUCTURAL/HAZARDOUS MATERIALS INSPECTION. This Agreement:
<br />❑ is fJ Is not conditioned on a professional inspection of the structural, mechanical and general condition of the property. If it is, attach PSMLA Form No. 35A or other Building
<br />Inspection Addendum.
<br />❑ is Is not conditioned on a professional hazardous materials inspection of the property. If it Is, attach PSMLA Form No. 35B or other Hazardous Materials Inspection
<br />Addendum.
<br />The parties acknowledge that the Listing and Selling Agents have no expertise on these matters, and recommend the above inspections.
<br />6. UTILITIES. Seller warrants that the property Is connected to a: -public water main ❑ well D•public sewer main 0 septic tank 0 none of the foregoing.
<br />7. LEASED FIXTURES. THE FOLLOWING FIXTURES ARE LEASED: anone 0 furnace 0 gas conversion burner ❑ hot water heater 0 other:
<br />. Any leased fixtures are included in the sale and SELLER AG REES TO ACQUIRE TITLE TO THE SAME PRIOR TO CLOSING.
<br />8. CLOSING OF SALE. The closing agent shall be Araryt or such other closing agent as Buyer shall designate.
<br />If paragraph 4 above Isnot conditioned on sale of Buyer's home this sale shall be dosed on''Y[r y ,19 ' Y or sooner by agreementof the parties.
<br />If paragraph 4 above 1s conditioned on sale of Buyer's home this sale shall be closed ilia days (10 days if not filled in) after closing the sale of Buyers home
<br />or nia days (301f not filled In) after Buyer's waiver of that contingency, or sooner by agreement of the parties.
<br />9. FIRPTA - TAX WITHHOLDING AT CLOSING. The Closing Agent is instructed to prepare a certification (PSMLA Form 22E, or equivalent) that Seller Is not a'foreign person'
<br />within the meaning of the Foreign Investment In Real Property Tax Act. Seller agrees to sign this certification. If Seller is a foreign person, and this transaction is not otherwise
<br />exempt from FIRPTA, Closing Agent is instructed to withhold and pay the required amount to the Internal Revenue Service.
<br />10. POSSESSION. Buyer shall be entitled to possession [on dosing 0
<br />"Closing" means the date on which all documents are recorded and the sale proceeds are available to Seller. Seller agrees to maintain the property and included appliances
<br />in their present condition, normal wear and tear excepted, until Buyer is entitled to possession.
<br />11. AGENCY DISCLOSURE. At the signing of this agreement, the Selling Agent ' of S
<br />(Insert names of Selling Agent and broker)
<br />represented '`la
<br />and the Listing Agent
<br />represented i a . Each party signing this agreement confirms that prior oral and/or written disclosure of agency was provided to him/
<br />her in this transaction.
<br />12. INCLUDED ITEMS. Any of the following personal property located in or on the property is included in this sale: built-in appliances; wall-to-wall carpeting; curtains, drapes and
<br />all other window treatments; window and door screens; awnings; storm doors and windows; installed television antennas; ventilating, air conditioning, and heating equipment;
<br />wood stoves; fireplace Inserts; irrigation fixtures and equipment; electric garage door openers; water heaters; Installed electrical fixtures; lights and light bulbs; shrubs, plants
<br />and trees; hot tubs; and all bathroom and other fixtures.
<br />13. CONDITION OF TITLE. Unless otherwise specified in this Agreement, title to the property shall be marketable at closing. The following shall not cause the title to be
<br />unmarketable: rights, reservations, covenants, conditions and restrictions presently of record and general to the area; easements and encroachments not materially affecting
<br />the value of or unduly interfering with Buyers intended use of the property; and reserved oil and/or mining rights. Monetary encumbrances not assumed by Buyer shall be paid
<br />by the Seller on or before dosing.
<br />14. TITLE INSURANCE. Seller authorizes Lender or Closing Agent, at Sellers expense, to apply for a standard form buyer's policy of title insurance, with homeowners additional
<br />protection and Inflation protection endorsements if available at no additional cost. The preliminary commitment therefor, and the title policy to be issued, shall contain no
<br />exceptions other than the General Exdusions and Exceptions in said standard form. If title cannot be made so insurable prior to the dosing date the earnest money shall,
<br />unless Buyer elects to waive such defects or encumbrances, be refunded to the Buyer, less any unpaid costs described in paragraph 28 hereof, and this Agreement shall
<br />thereupon be terminated.
<br />15. CONVEYANCING/PERFORMANCE.
<br />WARRANTY DEED. Title shall be conveyed by a Statutory Warranty Deed. If this Agreement is for conveyance of a Buyers interest in a Real Estate Contract, the Statutory
<br />Warranty Deed shall Include a Buyer's assignment of the contract sufficient to convey after acquired title.
<br />SECURITY. If this Agreement Is for sale on either a Real Estate Contractor a Note secured by Deed of Trust, the parties agree to the FORM(S) ATTACHED HERETO unless
<br />an institution providing flnandng requires different forms. If Real Estate Contract Form LPB-44 Is attached hereto, only those optional clauses in that form required by the terms
<br />of this Agreement shall apply.
<br />LIABILITY FOR PAYMENTS. The holder is entitled to collect payments on a Real Estate Contract or Note EVEN THOUGH THE BUYER ABANDONS and/or offers to quit
<br />claim the property to the holder
<br />PERFORMANCE. Time Is of the essence of this Agreement.
<br />ASSIGNMENT. Buyer may not assign this Agreement, or Buyer's rights hereunder, without Seller's prior written consent, unless provided otherwise herein.
<br />16. UNDERLYING ENCUMBRANCES. If there Is an existing Deed of Trust, Real Estate Contract, or other encumbrance which is to remain unpaid after closing and Its terms
<br />require the holders consent to this sale, Buyer agrees to promptly apply for such consent and this Agreement is conditioned on it being obtained.
<br />17. CONDITION OF WELL. Seller warrants the private well (if any) serving the property: (a) Has always provided an adequate supply of household and yard water, meeting State
<br />Department of Social and Health Services purity standards; and (b) Continued use of the well Is authorized by a State Water Right Certificate or is legally exempt from the
<br />requirement of a Certificate.
<br />18. CONDITION OF SEPTIC SYSTEM. Seller warrants that the septic system Many) serving the property is: (a) In good working order and Seller has no knowledge of any needed
<br />repairs; and (b) Meets all applicable Governmental, health, construction and other standards.
<br />(Insert names of Listing Agent and broker)
<br />INITIALS: Buyer -' Buyer Seller— ,..t Seller `
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