Saturday, September 17, 2005

Memorandum of Contract For Sale And Purchase Of Property

This is a Memorandum of that unrecorded Contract for Sale and Purchase of Property ("Contract"), dated ____________, between ____________________________, (hereinafter referred to as "Seller"), and _________________________, (hereinafter
referred to as "Buyer") concerning the real property ("Property") described in Exhibit "A" attached hereto and made a part hereof by reference.

For good and valuable consideration, Seller has agreed to sell and Buyer has agreed to buy, the Property upon the terms and conditions set forth in the Contract, which terms and conditions are incorporated in this Memorandum by this reference. Except as provided in the Contract from the date hereof, Seller shall not have the right, with respect to the Property to enter into any new contracts, leases or agreements, oral or written, without the prior written consent of Buyer.

This Memorandum is not a complete summary of the Contract. Provisions of this Memorandum shall not be used in interpreting the Contract. In the event of conflict between this Memorandum and the Contract, the Contract shall control.

IN WITNESS WHEREOF, the parties have executed this Memorandum on _____________, 20__.

Witnesses:

SELLER:

_____________________ ______________________

_____________________

_____________________ ______________________

_____________________

PURCHASER:

_____________________ _____________________

_____________________

_____________________ _____________________

_____________________

STATE OF _______________)
)
COUNTY OF ______________)

The foregoing instrument was acknowledged before me this __ day
of ____________, 20__, by ________________ as Seller.

_________________________
Notary Public

My Commission Expires: _________________


STATE OF _______________)
)
COUNTY OF ______________)

The foregoing instrument was acknowledged before me this __ day
of ___________, 20__, by _______________ as
Purchaser.

_______________________
Notary Public

My Commission Expires: _________________

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The forms are samples provided for discussion purposes only. Should you decide to use any of them in your business or personal activities, it is advised that you have them reviewed by competent legal counsel.