We provide you with our standard reservation agreement. Once the agreement is read, and clarification is made (if required) it is to be signed by the buyer.
A $10,000.00 USD reservation deposit shall be wired to the seller’s attorney in escrow. This reservation deposit is refundable within 15 days if the buyer does not move to contract.
The closing is to occur within 30 days from completion of the purchase agreement. At closing 95% of the selling price less the deposit is to be paid. The last 5% of the purchase price will be paid upon occupancy.
Following final payment, title to the property is registered in the name of the buyer. All monies in the above mentioned purchase agreement are in US Dollars.
A copy of the reservation agreement form is available from the link below.
Reservation Agreement Form