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251 document, or item given by or delivered to an attorney or real estate licensee (including a transaction broker) <br />252 representing a party will be as effective as if given by or delivered to that party <br />253 17. DISCLOSURES: <br />254 (a) Commercial Real Estate Sales Commission Lien Act: The Florida Commercial Real Estate Sales <br />255 Commission Lien Act provides that a broker has a lien upon the owner's net proceeds from the sale of <br />256 commercial real estate for any commission earned by the broker under a brokerage agreement. The lien upon the <br />257 owner's net proceeds is a lien upon personal property which attaches to the owner's net proceeds and does not <br />258 attach to any interest in real property. This lien right cannot be waived before the commission is earned. <br />259 (b) Special Assessment Liens Imposed by Public Body: The Property may be subject to unpaid special <br />260 assessment lien(s) imposed by a public body. (A public body includes a Community Development District.) Such <br />261 liens. if any, shall be paid as set forth in Paragraph 9(e). <br />262 (c) Radon Gas: Radon is a naturally occurring radioactive gas that, when it has accumulated in a building in <br />263 sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that <br />264 exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding radon <br />265 and radon testing may be obtained from your county public health unit. <br />266 (d) Energy -Efficiency Rating Information: Buyer acknowledges receipt of the information brochure required by <br />267 Section 553.996, Florida Statutes. <br />268 18. RISK OF LOSS: <br />269 (a) If, after the Effective Date and before closing, the Property is damaged by fire or other casualty. Seller will <br />270 bear the risk of loss and Buyer may cancel this Contract without liability and the deposit(s) will be returned to <br />271 Buyer. Alternatively, Buyer will have the option of purchasing the Property at the agreed upon purchase price and <br />272 Seller will credit the deductible, if any and transfer to Buyer at closing any insurance proceeds, or Seller's claim <br />273 to any insurance proceeds payable for the damage. Seller will cooperate with and assist Buyer in collecting any <br />274 such proceeds. Seller shall not settle any insurance claim for damage caused by casualty without the consent of <br />275 the Buyer. <br />276 (b) If, after the Effective Date and before closing, any part of the Property is taken in condemnation or under the <br />277 right of eminent domain, or proceedings for such taking will be pending or threatened, Buyer may cancel this <br />278 Contract without liability and the deposit(s) will be returned to Buyer. Alternatively, Buyer will have the option of <br />279 purchasing what is left of the Property at the agreed upon purchase price and Seller will transfer to the Buyer at <br />280 closing the proceeds of any award, or Seller's claim to any award payable for the taking. Seller will cooperate <br />281 with and assist Buyer in collecting any such award. <br />282 19. ASSIGNABILITY; PERSONS BOUND: This Contract may be assigned to a related entity, and otherwise ❑ is not <br />283 assignable L is assignable. If this Contract may be assigned, Buyer shall deliver a copy of the assignment agreement <br />284 to the Seller at least 5 days prior to Closing. The terms "Buyer, " "Seller" and "Broker" may be singular or plural. This <br />285 Contract is binding upon Buyer, Seller and their heirs, personal representatives, successors and assigns (if <br />286 assignment is permitted). <br />287 20. MISCELLANEOUS: The terms of this Contract constitute the entire agreement between Buyer and Seller. <br />288 Modifications of this Contract will not be binding unless in writing, signed and delivered by the party to be bound. <br />289 Signatures, initials, documents referenced in this Contract, counterparts and written modifications communicated <br />290 electronically or on paper will be acceptable for all purposes, including delivery, and will be binding. Handwritten or <br />291 typewritten terms inserted in or attached to this Contract prevail over preprinted terms. If any provision of this Contract <br />292 is or becomes invalid or unenforceable, all remaining provisions will continue to be fully effective. This Contract will be <br />293 construed under Florida law and will not be recorded in any public records. <br />294 21. BROKERS: Neither Seller nor Buyer has used the services of, or for any other reason owes compensation to. a <br />295 licensed real estate Broker other than: <br />296 (a) Seller's Broker: Watson Commercial Real Estate, Inc. Paul Johnson <br />(Com any Name) (Licensee) <br />297 335 S Plumosa St, Merritt Island, L (321) 501-3139 rpauljohnson@msn.com <br />(Address, Telephone. Fax, E-mail) <br />298 who [x] is a single agent [] is a transaction broker ❑ has no brokerage relationship and who will be compensated by <br />299 ❑x Seller ❑ Buyer ❑ both parties pursuant to X a listing agreement ❑ other (specify) <br />300 <br />301 <br />302 (b) Buf175-5617551 <br />roker: Colliers International South Florida Julian Zuniga & Brooke Mosier <br />Buyer( ) and Seller (( } acknowledge receipt of a copy of this page, which is Page 6 of 8 Pages. <br />CC -6 O 2025 Florida Realtors'' <br />Seam#:01655 " Forrn <br />_.' Simplicity <br />