Description
Appraisal & APN may be requested, address is not accurate, Trust Sale, property is sold in as is condition, seller will not make any repairs, seller has no knowledge regarding condition of property. Buyer acknowledges that the Property is an asset of a Trust estate of which Seller, pursuant to Probate Code section 16502, may give written notice of the terms and conditions of the proposed sale of the Property to the Trust beneficiaries. Each beneficiary will have forty-five (45) days from the date of mailing of such notice to object in writing to the sale. If any beneficiary objects to the terms of the proposed sale, Seller may either terminate this transaction or elect to file a Petition for Instructions seeking approval of the sale of the Property by the Superior Court of California on the terms and conditions contained in this Agreement. If Seller elects to terminate this Agreement for such reason, Buyers deposit shall be returned to Buyer. If Seller elects to seek court approval of the sale of the Property upon the terms and conditions contained in this Agreement, Buyer agrees to remove all contingencies in writing and extend the date for close of escrow of the sale to enable Seller to obtain such order of the court. Once Seller has filed the Petition for the confirmation of the sale, there can be no changes to the proposed vesting. If the sale is confirmed by the court, an Order Confirming Sale to Buyer will be issued by the court. Buyer shall pay the balance of the purchase price within ten (10) days of Buyers or escrow holders receipt of such order. If the court does