1. PROPERTY: The undersigned Buyer(s), hereby agrees to purchase from the undersigned Seller(s) ("Seller") the following real property, to wit:

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1 Date: Real Estate Sales Contract (Sample) 1. PROPERTY: The undersigned Buyer(s), hereby agrees to purchase from the undersigned Seller(s) ("Seller") the following real property, to wit: Lots: Block:, Addition To: County,, which street or rural address is,, together with all the improvements and the appurtenances, if any, thereunto belonging, subject to existing zoning ordinances, restrictions, easements, and mineral rights previously reserved, or conveyed of record (collectively "the Property") upon the following terms and conditions: 2. TERMS: Buyer shall pay for the Property the sum of Dollars ($) payable as follows: (a) The sum of $ (Check) as Earnest Money, receipt of which is hereby acknowledged, and upon acceptance in writing and delivery of this Contract, the Earnest Money shall be assigned to and deposited in the trust account of Listing Broker to be applied on the purchase price and/or closing costs, if any, at the time of Closing; (b) At Closing, IN CASH OR CERTIFIED FUNDS, the further sum of $ (subject to the adjustments set forth in this Contract and the Supplemental Financing Agreement attached hereto and made a part hereof); and (c) Loan(s), if any, in the sum of $ set forth in the attached Supplemental Financing Agreement. 3. CONDITION OF PROPERTY: (a) Prior to signing this Contract, Buyer acknowledges receipt of a Seller's disclosure statement for residential property. (b) Prior to Closing Buyer, at Buyer's expense (except as a Seller's expense in VA transactions), shall receive a termite clearance certificate based on an inspection by a licensed termite company of the residential structure on the Property and any improvements specified by Lender. If such inspection reveals visible infestation by termites or other wood destroying organisms, then Seller shall pay for treatment and provide a clearance certificate from a licensed termite company of Seller's choice. On or before the day of Closing, Buyer shall acknowledge receipt of a termite clearance certificate in writing. (c) A PROPERTY CONDITION ADDENDUM shall be attached to this Contract if Buyer requires any inspection(s) UNLESS BUYER WAIVES ALL INSPECTIONS OTHER than inspection in paragraph 3(b) BY INITIALING HERE. Buyer's Initials: (d) Seller shall pay an amount not to exceed $ for (i) Inspection Repair Costs in excess of $100 as provided in the Property Condition Addendum (unless

2 waived), and (ii) Lender repair requirements, if any. If the sum of (i) and (ii) exceeds the stated amount and if Buyer and Seller do not enter into a written agreement in settlement of the excess prior to Closing, then Buyer's Earnest money shall be returned subject to appropriate written authorization from all parties and this Contract shall be null and void. (e) If the repairs including Lender requirements are made prior to Closing, Seller shall cause any of the following to make them: person(s) who are licensed or bonded to make such repairs, manufacturer-approved service person(s), person(s) whose primary business is directly related to the type of repairs, or Seller, if Seller elects to perform the repairs. Seller shall not be reimbursed for Seller's labor. (f) Utilities shall be left on, in Seller's name, until Closing. (g) Until Closing or transfer of possession, the risk of loss to the Property by fire, casualty or otherwise (ordinary wear and tear excepted) shall be upon the Seller. After Closing or transfer of possession, such risk shall be upon the Buyer. (h) Unless otherwise agreed upon in writing, Buyer, by Closing, or taking possession of the Property, shall be deemed to have accepted the Property, including fixtures and equipment in the condition existing at Closing. Buyer is purchasing the Property based on Buyer's own inspection, unless waived, and NO WARRANTIES are expressed or implied by the Seller or Listing Broker and its affiliated licensees or Selling Broker and its affiliated licensees that shall be deemed to survive the Closing in reference to the condition of the Property or any fixture or equipment. On or before the day of Closing, Buyer shall sign a CLOSING ACKNOWLEDGMENT AND RELEASE. (i) Except as otherwise provided above or in Property Condition Addendum, Seller shall deliver the Property in its condition on the date of acceptance of the Contract, ordinary wear and tear excepted. Prior to Closing, Buyer shall have the right to a walk through of Property to verify such condition. (j) Buyer and Seller acknowledge that each has received a copy of the "Buyer and Seller Information" pamphlet which explains options and obligations of the Buyer and Seller. (k) Unless otherwise indicated in the Seller's disclosure statement, Seller represents that to best of Seller's knowledge the Property has not been damaged or affected by flood, storm run-off, or storm sewer backup ("Water Problem"). Buyer has 15 days from acceptance of the Contract to make any investigation of Water Problem. If Buyer determines that a further Water Problem exists beyond the disclosure, then this Contract may be terminated by delivering written notice stating such Water Problem to Seller in care of Listing Broker within 17 days from acceptance of the Contract. The Earnest Money will be refunded to Buyer subject to appropriate written authorization from all parties. 4. INSPECTION AGREEMENT: Both Buyer and Seller acknowledge that each of them has read the attached PROPERTY CONDITION ADDENDUM and shall abide by its terms unless Buyer waived inspections.

3 5. FIXTURES AND EXTRAS: The following items shall remain with the Property after the Closing as property of Buyer at no additional cost to Buyer and shall be considered a part of the purchase price: all wall-to-wall carpets; all bathroom mirrors; direct wired lighting fixtures and ceiling fans; all curtains, drapes, curtain rods and other window treatments; automatic garage door opener(s) and any remote controls; security system and all components; all home control and home automation components. 6. TITLE EVIDENCE: Seller shall furnish Buyer title evidence covering the Property, which shows marketable title vested in Seller according to the title standards. (a) Such title evidence shall be in the form of Abstract of Title. The Seller, at Seller's expense, shall provide an abstract of title certified to a date subsequent to the date of this Contract (including a current Uniform Commercial Code Certification). Buyer shall, at Buyer's expense, obtain either a title opinion or an Owner's Title Insurance Policy, and, if required by the Lender(s), a Mortgagee's Title Insurance Policy and survey. Commitment for Owner's Title Insurance Policy. The premium for such Policy, including the attorney's fees for examination of the abstract, the Mortgagee's Title Insurance Policy, if any, and a loan survey (unless otherwise specified above), shall be paid by Seller and by Buyer. All abstracting costs in excess of the title insurer's average abstracting costs shall be paid by Seller. The Owner's Policy shall insure Buyer in an amount equal to the purchase price. The Mortgagee's Title Insurance Policy, if any, shall insure Lender(s) to the full extent of the loan(s). Such policies shall insure against unfiled mechanic's and materialmen's liens. (Buyer's name as title will be taken) (Social Security #) (Signature) (Buyer's name as title will be taken) (Social Security #) (Signature) 7. SELLER'S ACCEPTANCE: Seller accepts the foregoing offer and shall sell the above described Property on the terms and conditions herein stated and shall pay the Listing Broker the compensation previously agreed upon in the Listing Agreement or other agreement of employment between them, which shall survive this Contract, for professional services rendered and to be rendered in this transaction. Seller further acknowledges receipt of Seller's estimate of expenses in regard to this transaction. Accepted this day of, 20. Seller: (Print Sellers's name) (Social Security #) (Signature)

4 Seller: (Print Seller's name) (Social Security #) (Signature) EARNEST MONEY RECEIPT: Received the sum of $ (Check) as Earnest Money, to be held by Listing Broker and applied in accordance with the items and conditions of the foregoing offer. Seller's Initials: Selling Broker/Sales Associate (Print) (Signature) (Date) (Company Name) (Broker's MLS ID) (Assoc. #) (Phone) Listing Broker/Sales Associate (Print) (Signature) (Date) (Company Name) (Broker's MLS ID) (Assoc. #) (Phone) SUPPLEMENTAL FINANCING AGREEMENT Buyer elects to purchase on CONVENTIONAL LOAN financial terms which include the following: 1. This sale is contingent upon the ability of Buyer to obtain and qualify for a Conventional Loan in the amount of $ for a period of years, with a beginning interest rate not to exceed % per annum (unless Buyer elects to pay higher interest) plus private mortgage insurance fee, if any. If the Loan described is not available to Buyer, or if the appraised value of the Property does not equal or exceed the purchase price (unless Buyer and Seller enter into a written agreement in settlement of the difference in sales price and appraised value), the Earnest Money herewith deposited shall be refunded to Buyer. 2. CLOSING COSTS: (a) Loan service, origination, commitment, and/or discount fees not to exceed a total of $ shall be paid by Buyer and by Seller; (b) Buyer shall pay the first year private mortgage insurance fee, if any; (c) Buyer shall pay the credit report fee at time of loan application; (d) Buyer shall pay the appraisal fee at time of loan application; and (e) Buyer shall pay all other Buyer's loan closing costs. EXCEPT: 3. LOAN APPLICATION: Buyer shall make a loan application within five (5) business days after acceptance hereof by Seller and shall diligently pursue approval thereof in a timely manner.

5 4. BUYER'S EXPENSE: Buyer shall pay at the time of Closing, IN CASH OR CERTIFIED FUNDS, prepaid escrow deposits as required by the Lender, interest beginning the day of Closing through the end of the month, one half of the escrow closing fee, Buyer's recording fees, and all other funds required from Buyer set forth in the Contract and this Agreement. 5. SELLER'S EXPENSE: Seller shall pay at the time of Closing following expenses as applicable: documentary stamps required, one half of escrow closing fee, Seller's recording fees, Lender's final inspection fee and all other expenses required from Seller set forth in the Contract and this Agreement. Seller shall satisfy all Lender's repair requirements to the Property, if any, not to exceed the amount specified in Paragraph 3 of the Contract. In the event Seller is required to provide funds at Closing, such funds shall be IN CASH OR CERTIFIED FUNDS. Buyer elects to purchase on CASH ONLY financial terms which include the following: 1. This is a CASH TRANSACTION. Buyer understands that this transaction has no financing contingency. 2. BUYERS' EXPENSES: Buyer shall pay at the time of Closing, IN CASH OR CERTIFIED FUNDS, one half of the escrow closing fee, Buyer's recording fees, and all other funds required from Buyer set forth in the Contract and this Agreement. 3. SELLER'S EXPENSES: Seller shall pay at the time of Closing, documentary stamps required, one half of the escrow closing fee, Seller's recording fees, if any, and all other expenses required from Seller set forth in the Contract and this Agreement. In the event Seller is required to provide funds at the Closing, such funds shall be IN CASH OR CERTIFIED FUNDS. Note: This document is to be used for instructional purposes only.