DIY Legal Forms

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Agreement To Close Subject To Credit

AGREEMENT made on [Date] by and between [Name] of [Address], hereinafter referred to as the Buyer, and [Name] of [Address], hereinafter referred to as Seller, do hereby agree as follows:

The parties entered into an agreement for the sale and purchase of real estate on [Date].

On [Date], pursuant to the contract dated [Date], Buyer notified Seller of a report indicating that the property was [Enumerate].

Pursuant to the sale and purchase agreement, the Seller elects to give the Buyer a credit at closing in the amount of [$------], and Buyer elects to accept the property in "As Is" in regard to the [Enumerate].

This agreement does not affect any of the other rights held by the parties hereto.

Dated:

Signature

Buyer/p>

Signature

Seller

This Section for Notary:

Acknowledgment

STATE OF -------)

) ss: [date]

COUNTY OF ------)

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]

[Name of Notary Public]

My commission expires: [date]

(Seal)