Offer Form

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I / We ______________________________________________________(the Offeror) hereby offer to purchase the property known as ___________________________ ___________________comprising (land) _____________________________________ and building/s _______________________________________________ being the property registered at Volume ____ Folio ____ of the Register Book of titles of Jamaica; subject to the covenants, restrictions, reservations and easements now recorded thereon, for the amount of ________________________
($____________) payable as follows:

Deposit with this offer $ ________________

Upon Signing of Real Estate Contract $ ____________

On Delivery of Title / Transferable documents $ _____________

Other Terms and Conditions

1. This offer is made subject to the vendor delivering merchantable Title to the property or acceptable instruments of transfer of Title to the purchaser in accordance with the Real Estate contract [ see item 2 below]. All interest, insurance premiums, taxes and assessments are to be adjusted as of the date of possession by the purchaser.
2. This offer to purchase is not a legal contract of sale / purchase; and is subject to an acceptable Real Estate contract being executed and the relevant deposit(s) made to the vendor’s Attorney at Law or his / her Agent by the purchaser within _______ days from the date of acceptance of this offer.
3. This offer expires within ______ days of the date of receipt of the offer by the person(s) to whom the offer is made (the offeree) or his / her representative .The acceptance may be communicated by the offeree or his / her representative, verbally or in writing.
4. If the offer is not accepted any deposit made by the offeror is to be refunded (without interest), [see item 5 below].
5. If the offer is accepted and the person (s) making the offer fail to execute an acceptable Real Estate contract for reasons attributed to him / her / them within the given period of time, an amount equivalent to --- % of the amount of the offer will be retained by the offeree on account of costs incurred, and the balance refunded.

Signed by Offeror: __________________________________

Offeree:________________________________Date _____________

Witness: ___________________________________________

Additional information for preparation and completion of the Real Estate Contract

Purchaser’s Information

Name _______________________________________

Address _________________________________
_________________________________________

Tax Registration Number _________________

Attorney at law: ________________________
Address: ________________________________
Telephone: ______________________________
Fax: ____________________________________
Email: __________________________________

Type of Financial Arrangements / Terms of Payment

Cash Purchase :

Mortgage / Loan financing :
_____% Purchaser’s Input $ _________________
_____% Mortgage / Loan $ __________________
Name of Mortgage / Loan Institution

Projected date of Possession ____________________

Other conditions:

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