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Seller is the owner of the Property (as hereinafter defined) .  \nB. Subject to the terms and conditions hereof, Seller desires to sell to Buyer the Property and Buyer desires to purchase the Property from Seller.  \nWITNESSETH:  \nIn consideration of the mutual promises, covenants and payments hereinafter set out, and other good and valuable considerations, the receipt, and sufficiency of which are hereby acknowledged, it is hereby agreed as follows:  \n1. The Property. Seller agrees to sell and convey to Buyer and Buyer agrees to purchase from Seller, upon the terms and conditions hereinafter set forth, all right, title, and interest of Seller in and to the following (collectively referred to herein as the\"Property\"):  \n(a) All that certain parcel of land situated in [Haskell/Pittsburg] County, Oklahoma, as more particularly bounded and described in Exhibit “A” attached hereto and hereby made a part hereof (the \"Land\") LESS AND EXCEPT all interests in and to the oil, gas, casinghead gas and other gaseous or liquid hydrocarbons or substances produced therewith, coal, metallic ores and other minerals in, under and that may be produced from the Land, and all rights, interestsand estates of whatsoever nature incidental thereto or arising thereunder;  \n(b) All buildings and improvements located on the Land and all of Seller's right, title, and interest in and to any and all fixtures attached thereto (collectively, the \"Improvements\");  \n(c) All rights appurtenant to the Land, if any; and  \n(d) All other rights, privileges, easements, licenses, appurtenances, and hereditaments relating to the Property. Notwithstanding the foregoing, the sale of the Property contemplated by this Agreement shall not include the personal property listed in Exhibit [LETTER] attached hereto and made a part hereof (the \"Excluded Personal Property\"), which Excluded Personal Property is expressly excluded from such conveyance.  \n2. Purchase Price; Earnest Money.  \n2.1 Purchase Price; Earnest Money. Consideration for conveyance of the Property shall be   Dollars ($  )(the “Purchase Price”), payable as follows:  \n(a) Simultaneously with the execution and delivery of this Contract to Seller, Buyer shall deliver to Seller the sum of ten percent (10%) of the Purchase Price as an earnest money deposit (the “Earnest Money”) made payable to the Title Company (as defined herein) . Seller shall deposit the Earnest Money with the Title Company. Upon request of Seller, Buyer shall deliver the Earnest Money via wire transfer directly to an account at such bank as designated by the Title Company. Except as expressly provided in this Contract, the Earnest Money shall be nonrefundable to Buyer. If the sale contemplated by this Contract is consummated, the Earnest Money shall be applied against the Purchase Price. In the event the sale isnot consummated, and this Contract is terminated, the Earnest Money shall be paid to the Seller or refunded to the Buyer in accordance with the terms of this Contract. If Buyer fails to timely deliver the Earnest Money to Seller, Seller shall have the right to terminate this Contract upon written notice to Buyer.  \n(b) The balance of the Purchase Price in the amount of $  shall be paid to Seller on the Closing Date, subject to any credits or apportionments as provided for under this Contract, simultaneously with delivery of the Deed, by certified or official bank checks or by one or more wire transfers of immediately available federal funds to an account, or accounts, designated in writing by the Title Company.  \n2.2 No Financing Contingency. Buyer expressly agrees and acknowledges that Buyer’s obligations to pay the Purchase Price an","cbCair12BCTpfZ8X","https://ap.wps.com/l/cbCair12BCTpfZ8X","pdf",231969,"English","# Purchase & Sale Agreement Template\n## The Property\n## Purchase Price; Earnest Money\n## Time and Place of Closing; Seller’s Right to Adjournment","[{\"question\":\"What property does the agreement include and exclude?\",\"answer\":\"The agreement includes the parcel of land, improvements and fixtures, and related appurtenant rights and easements. It excludes specified personal property listed in an attached exhibit.\"},{\"question\":\"How is earnest money handled under the agreement?\",\"answer\":\"The buyer must deliver ten percent of the purchase price as earnest money payable to the title company. It is generally nonrefundable except as expressly provided, applied to the purchase price at closing, and handled on termination per the contract terms.\"},{\"question\":\"When does closing occur and what notice is required?\",\"answer\":\"Closing occurs on or before sixty days after execution unless extended by written agreement or adjourned by the seller. The seller must provide at least five days’ advance notice of the closing location, date, and time.\"}]","Purchase & Sale Agreement Template - Agreement | PDF",1789569863,6]