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9/11/2011

Bid for the Purchase of Real Property (Probate)

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

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