Introduction to ArtificiaI Intelligence in Higher Education
Offer2
1. Real Estate Purchase agreement & Receipt for Non-Refundable Earnest Money
Date___6/25/2009____________
RECEIVED FROM___ITEN EZZ__________________________________________________(buyer)
The sum of____Three thousand Dollars____________________________________________
Evidenced by cashier’s check payable to the listing broker or designee to be held uncashed until
acceptance of this offer earnest
Money in partial payment of property at:_______________________________________________
__________________________________________________________________________________
Situated in the county of _________________, city of __________________, state of Minnesota, legally
described as follows:_______________________________________________________________
For the sum of: Twenty Seven Thousand & Nine Hundred Fifty Dollars ($____________)
On or before 07/24/2009
1. Personal property: there is no personal property included in this offer.
2. Payment of purchase price: the purchase price shall be paid in the following manner:
(Check one or more and complete as applicable):
None- Refundable earnest money submitted with this offer( Minimum of $2.000 or 2%
of the purchase price whichever is higher). Buyer earnest deposits are non- refundable and
released to seller upon buyers passive removal of physical inspection contingencies $3,000
Balance of down payment(or purchase price) to be paid at closing $29,950
New loan by an institutional lender: buyers; obligations to buy $_____
Under this contract are contingent on buyer and buyer’s expense obtaining a written loan
commitment from an institutional lender in the principal of sum of for a term of not more than
40 years bearing an interest rate of not more than Market % per year. Unless buyer notifies
seller in writing within 45 days after the mutual signing of this agreement that buyer has
obtained such a commitment the notice to be accompanied by a copy of the commitment, seller
may after that date terminate this agreement in writing by notifying the other party in writing.
Total purchase price $_____
Additional financing term: See Addendum__________________
3. This offer is contingent upon buyers at the time of offer presentation, demonstrating source of
funds to seller’s satisfaction and if purchase is financed provide written evidence of pre-
approval to seller’s satisfaction a lender of buyers chose. Buyer authorizes buyer’s lender to
release loan information regarding status of buyer’s loan application including approval or
rejection of loan, and an issuance of a commitment to seller and seller’s agents.
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