BID FOR THE PURCHASE OF REAL PROPERTY
(Probate)
To __________________________As __________________________ of
Estate of ____________________________________Deceased
The undersigned hereby offers $_________for the purchase of the property generally known as _________________________and described as: ______________________________________________ ______________________ (description)________________________ on the following terms: $____________________deposit_________________________
_______________ (terms for paying balance) ___________ Rents, taxes, insurance expenses of operation and maintenance to be prorated as of close of escrow; seller to furnish title policy.
Enclosed is cashier’s check #________ on (location) Branch of_______________ (bank) for $____________________ representing 10% of my offer as a deposit.
I understand this bid, if accepted, is subject to confirmation by the Supreme Court.
(This offer is liable on your accepting it by (date) and obtaining the earliest possible date for the court hearing. If you do not accept this offer on or before the said date, you are instructed to return the deposit immediately thereafter) Deposit is to be returned in event sale is not confirmed by court.
Upon confirmation of sale, title shall be conveyed by grant deed (or warranty deed) to (names of parties) (description of manner in which title will be held)
(This offer is subject to a real estate commission of __% to be paid by the estate to (name of broker), address, License #)
DATED:___________________(Signature)____________________
Address_______________________ Phone____________________
ACCEPTANCE
Receipt is acknowledged of $ as a deposit. I accept said offer subject to confirmation by the court, and will file a return of sale and immediately notify you of the date of hearing.
DATED____________________ __________________________
As executor (administrator)
Of Estate of Deceased
Bid For The Purchase of Real Property Probate