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Real Estate Property To School District For School Purposes

The following shall apply as a legally binding addendum to the contract made between [Name] and [Name] on [Date].

It is a condition of this agreement that the [Real Property] property shall cease to be used for school purposes continuously for a period of [--] years, the property shall revert in fee ownership to grantor, and grantors heirs, successors, and assigns.

Dated:

__________________________

Signature

__________________________

Signature

Witnessed by: [Name]

__________________________

Signature

*** If Required By State Law ***

This Section for Notary:

Acknowledgment

State of _________

County of ________ [County]

On [Date] before me, [Name of Notary], notary, personally appeared [Name of Person(s) Involved], personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

Witness my hand and official seal.

Signature ________
Notary

My commission expires: _____

(Seal)