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2024-017
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2024-017
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Last modified
2/8/2024 12:11:05 PM
Creation date
2/8/2024 11:05:00 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
01/09/2024
Control Number
2024-017
Agenda Item Number
13.B.
Entity Name
Indian River County Habitat for Humanity, Inc. (HFH
Subject
Agreement to Purchase and Sell Real Estate Donation of Former Gifford Gardens
4730 40th Avenue
Warranty Deed
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A TRUE COPY <br />CERTIFICATION ON LAST PAGE <br />RYAN L. BUTLER, CLERK <br />COLLINS BROw.N BARKETT, CHARTERED <br />Attorneys At Law <br />756 Beachland Boulevard <br />Vero Beach, FL 32963 <br />(772)231-4343 <br />(7 72) 234-5213 (fax) <br />CLOSING AGREEMENT <br />The undersigned hereby authorize the law firm of COLLINS BROWN BARKETT, CHARTERED (Closing <br />Agent) to close the transaction, Indian River County, a political subdivision of the State of Florida, a <br />Corporation, (Seller); and Indian River County Habitat for Humanity, Inc., a Florida not for profit <br />corporation, a Corporation., (Buyer). The undersigned further acknowledge that with respect to the services of <br />the Closing Agent: <br />Closing Agent Represents the Seller. The Closing Agent represents the Seller in this transaction. If the <br />other party(ies) to this transaction desire legal representation, legal counsel should be procured. Any <br />closing fee charged to Buyer by the Closing Agent does not establish an attorney/client relationship between <br />Buyer and the Closing Agent. <br />2. Buyer Has Reviewed Title Insurance Commitment. Buyer hereby represents that Buyer has received <br />the Commitment for Title Insurance issued in conjunction with this transaction, and has had the opportunity <br />to review same prior to closing. Buyer has carefully reviewed the instrument of conveyance (i.e. Deed), <br />and acknowledges that Buyer is taking title to the property in the manner desired by Buyer. <br />Representations and Warranties: <br />a. Seller states that within the last 90 days, no mechaniesmen, materialsmen or laborers have provided <br />services which remain unpaid. <br />b. Seller states that within the past 90 days, there have been no improvements or repairs to the subject <br />property which costs thereon remain unpaid. <br />C. Buyer states the he/she/they have inspected the property prior to closing and accepts the subject <br />property in its present condition, or waives their right of inspection. <br />d. Buyer represents and warrants that they have not and will not execute any instrument that would <br />adversely affect the interest being insured prior to the recording of the closing and/or loan <br />documents in this closing, including but not limited to executing a Note, Mortgage, (other than the <br />lender in this closing transaction) or a Notice of Commencement. <br />4. Authorization to Closing Agent: Buyer and Seller hereby authorize Closing Agent to procure and record <br />all documents required to facilitate the closing of the transaction, and agree to cooperate with the Closing <br />Agent to correct any technical errors or deficiencies in the drafting or execution of any document executed <br />at closing, including loan documents, if any. In the event any documents which adversely affect title to the <br />property are filed of record subsequent to the effective date of the Commitment for Title Insurance, through <br />the date and time of recording the Deed to Buyer, Scller agrees to assume full legal responsibility for <br />satisfaction and/or removal of same. <br />Settlement Statement Closing Costs: This Firm strives to compile a precise and accurate Settlement <br />Statement/Closing Statement in conjunction with the closing of this transaction. However, occasionally, <br />certain costs and expenses are estimated on limited information available to the Closing Agent at the time <br />of preparing the Settlement Statement/Closing Statement, which results in settlement charges that exceed <br />the actual charge (i.e., costs of recording documents, cost of repairs and inspections, surveys, etc.). Due to <br />the administrative burden and cost of refunding monies to parties involved in the transaction, the policy of <br />this Firm is only to reimburse overpayments totaling more than ten dollars ($10.00). Overpayments totaling <br />Pagel of 3 <br />
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