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8570-12 Authorize purchase of 1446 Mars & 1436 Grace
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8570-12 Authorize purchase of 1446 Mars & 1436 Grace
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Last modified
5/14/2013 3:21:44 PM
Creation date
3/29/2012 7:18:27 AM
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Office Of Council
Document Type
Resolutions
Date Adopted
3/28/2012
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-. ,~~f~...a f~~P.• <br />~ ~..~~ ~ ~ <br />RESIDENTIAL REAL ESTATE PURCHASE AGREEMENT <br />1. OFFER OF PURCHASE AND SALE. CITY OF LAKEWOOD ("Buyer") offers and agrees to buy <br />and AIVARS AUZENBERGS AND ANITA S. AUZENBERGS, Trustees of the Auzenbergs Family <br />Revocable Living Trust dated January 27, 2010 (collectively, "Seller") agrees to sell the property de- <br />scribed below. The "date of this Agreement" shall mean the date it has been signed by all parties. <br />2. THE PROPERTY <br />Addresses: 1436 Grace Avenue, Lakewood, OH 44107; 1446 Mars Avenue, Lakewood, OH 44107 <br />Permanent Parcel Nos.: 315-07-034; 314-O1-034 <br />Check here ®if a full legal description is attached hereto as an exhibit. <br />The "Property" shall include the land described above, all easements, hereditaments, appurtenances, <br />all buildings and fixtures in their present condition, and all of the following items as are now in the <br />property: electrical, heating, plumbing and bathroom fixtures; light bulbs; window treatments and re- <br />lated hardware; awnings; screens; screen doors; storm windows and doors; landscaping; TV antenna; <br />satellite dish; radiator covers; built in appliances; tacked down carpeting; garage door openers and <br />controls; attached smoke and/or fire detectors and security systems; fireplace grates and screens; and <br />attached mirrors. <br />Additional items included: <br />Items excluded: none. <br />3. PURCHASE PRICE. The price shall be two hundred seven thousand five hundred dollars <br />($207,500.00) (the "Purchase Price), to be paid to Buyer in ready funds. <br />4. FINANCING CONTINGENCY. (Reserved.) <br />5. CONDITION OF THE PROPERTY; DISCLOSURES. <br />A. Purchase of the Property "As-Is". Except as provided to the contrmy in this Agreement, Buyer <br />and Seller agree that the property is being purchased and sold in its present condition, "AS IS," <br />without any warranties or representations. <br />B. State of Ohio Residential Property Disclosure Form, (Check one) <br />^ Seller has delivered a copy of the Disclosure Form to Buyer. <br />^ Seller shall deliver a copy of the Disclosure Form to Buyer within 3 days following the date <br />of this Agreement. <br />® This transaction is exempt from the Disclosure Form requirements. <br />Seller shall promptly provide Buyer with an amended Disclosure Form if Seller becomes aware <br />of any inaccuracy, omission or change of condition of the Properly. <br />C. Lead Based Paint. (Check One) <br />Exhibit A <br />
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