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
Superior Court.
(This offer is contingent 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 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