COMMITTEE OF THE WHOLE Packet 05242022CITY OF MUSKEGO
COMMITTEE OF THE WHOLE AGENDA hnWill
C4 of
2022
5:30 USKEGO
5:30 PMMuskego City Hall, W182 S8200 Racine Avenue
*AMENDED
CALL TO ORDER
PLEDGE OF ALLEGIANCE
ROLL CALL
STATEMENT OF PUBLIC NOTICE
APPROVAL OF AGENDA
APPROVAL OF MINUTES
Approval of Committee of the Whole Minutes - March 22, 2022
COWM.2022.03.22.docx
NEW BUSINESS
Review the draft/final Water Policies
• Policy #1: Private Water Trust Connection Policy
• Policy #2: Service Connection Policy
• Policy #3: Water main Relay Assessment Policy
PRIVATE WATER TRUST CONNECTION POLICY_DRAFT_20220509.docx
SERVICE CONNECTION POLICY_DRAFT_20220509.docx
WATER MAIN RELAY ASSESSMENT POLICY DRAFT 20220509.docx
Investigation regarding the Process for taking over a Private Water System
*Discussion on offer to purchase part of tax key number MSKC2198157 from Jason Stark
Staff Memo - Stark Land Purchase.pdf
Stark - Offer to Purchase.pdf
COMMUNICATIONS AND MISCELLANEOUS BUSINESS AS AUTHORIZED BY LAW
ADJOURNMENT The Committee of the Whole may possibly reconvene immediately following
the Common Council meeting of the same date to continue work on agenda items.
NOTICE
IT IS POSSIBLE THAT MEMBERS OF AND POSSIBLY A QUORUM OF MEMBERS OF OTHER GOVERNMENTAL BODIES OF THE
MUNICIPALITY MAY BE IN ATTENDANCE AT THE ABOVE -STATED MEETING TO GATHER INFORMATION; NO ACTION WILL BE TAKEN
BY ANY GOVERNMENTAL BODY AT THE ABOVE -STATED MEETING OTHER THAN THE GOVERNMENTAL BODY SPECIFICALLY
REFERRED TO ABOVE IN THIS NOTICE.
ALSO, UPON REASONABLE NOTICE, EFFORTS WILL BE MADE TO ACCOMMODATE THE NEEDS OF DISABLED INDIVIDUALS
THROUGH APPROPRIATE AIDS AND SERVICES. FOR ADDITIONAL INFORMATION OR TO REQUEST THIS SERVICE, CONTACT
MUSKEGO CITY HALL, (262) 679-4100.
CITY OF MUSKEGO UNAPPROVED
COMMITTEE OF THE WHOLE MINUTES
March 22, 2022 r�
5:30 PM MUSKEGO
Muskego City Hall, W182 S8200 Racine Avenue 7i3
CALL TO ORDER
Mayor Petfalski called the meeting to order at 5:34 pm.
ROLL CALL
Present: Alderpersons Wolfe, Hammel, Terrence, Engelhardt, Kubacki, and Madden. Also
present: City Attorney Warchol, Public Works & Development Director, Superintendent of
Public Works Beilfuss, Recreation Program Manager Dunn, and Assistant Deputy Clerk -
Treasurer Crisp. Absent: Alderperson Kapusta
STATEMENT OF PUBLIC NOTICE
Ms. Crisp stated the meeting was noticed in accordance with the open meeting law.
APPROVAL OF AGENDA
Alderperson Kubacki moved to approve. Alderperson Madden seconded; motion
carried.
APPROVAL OF MINUTES
Alderperson Madden moved to approve the Committee of the Whole Minutes from
January 25, 2022. Alderperson Wolfe seconded; motion carried.
NEW BUSINESS
Discussion on Park Arthur Field Access - Alderman Terrence
Alderman Terrence stated he brought this up as he had a few community people reach out
to him regarding when the fields were going to be open. After checking in with Parks, he
found out that the fields will be locked 24/7 unless there is a rental. He is concerned that
all three fields are inaccessible. He suggested that maybe one of them could be left open.
Mayor talked about the investment the City put into putting in turf rather than doing a
seeded field. Access to the field was discussed when turfing the field was first approved
and it was agreed that the fields would not be available for the public to use on a walk-up
basis as they can get damaged easily if not used properly. There are plenty of fields and
open space for practices. The City can also look into adding a batting cage and bull pen
area in the future which would remain open and put it in the Capital Budget for next year.
The main concern is not having a registered responsible party using the fields in case any
damage occurs from improper use.
3
Ms. Dunn mentioned that there are cameras in the parks. There are people hopping the
fence. They do call the police who are giving friendly reminders. The police do have the
right to write a citation. The fields are now closed because they are not done yet.
Mayor mentioned that this has nothing to do with loss of revenue. His interest is to protect
our assets and believes that this is a great community asset and one that the public has
access to for a reasonable fee when they want to use it. The fee is to keep the asset going
to be able to refurbish it when needed. He doesn't want the taxpayers having to foot the
bill to repair any damages.
Mr. Beilfuss mentioned that he had renderings made a few months ago. There is an area
they could put in a batting cage with two lanes in it with a turf which would be very cost
effective. There is also a spot for a full bull pen. He can get used turf very reasonably.
Alderpersons Madden, Kubacki, Engelhardt, and Hammel would all like to see the fields
kept locked.
Mayor suggested we could bring this back after a full year using it the way we are doing it.
He mentioned that he does have a donor to convert field #4 to turf but needs more time to
line up a few more sponsors to complete that. Then we can look at the park as a whole
and do some master planning.
COMMUNICATIONS AND MISCELLANEOUS BUSINESS AS AUTHORIZED BY LAW
None.
ADJOURNMENT
Alderperson Kubacki moved to adjourn at 6:05 p.m. Alderperson Madden seconded;
motion carried.
Minutes taken and transcribed by Ms. Crisp.
4
PRIVATE WATER TRUST CONNECTION POLICY
MUSKEGO WATER UTILTY
(May 24, 2022)
I. GENERAL
The purpose of this policy is to create a standard method for the Muskego Water Utility to calculate the
water trust system connection charge.
The water trust system connection charge to the Utility will vary based on the condition of the water
trust system and the cost associated with the water main necessary to connect to the public water system.
The water trust may VOLUNTARILY request and apply for connection to the Utility, and
voluntarily complete a system inspection and valuation of the water trust system. The City is NOT
requiring the private trust to connect to City water.
II. PROCEDURES
The Utility will provide the required system inspection and valuation forms upon request of the water
trust. The system inspection and valuation details the condition of the water trust system and translates
that condition into a valuation. This valuation is based on a range of depreciation rates established by
the Public Service Commission that vary depending on age and condition.
The Utility is to complete the system inspection and valuation to determine the depreciation grade based
on condition. The water trust or certified operator is to transmit any existing plans and respective water
trust by- laws. The Utility will perform the evaluation of existing water system. Any evaluations that
the Utility cannot perform will be coordinated with outside consultants, by the Utility. All costs related
to this evaluation will be the responsibility of the private trust.
The final step in the system inspection and valuation calculation is the proposed connection charge for
the water trust based on the depreciation grade and age. The main financial factors include the
connecting to main cost, standard connection costs, upgrade costs based on repair or depreciation and
the current standard revenue credit. The Utility can be available to provide assistance in calculating the
potential connection charge.
Based on the findings, the water trust may request that the Utility accept the system as -is and pay
compensation to fund any repair work that is required. Upon receipt of the results of the system
inspection and valuation, the Utility will conduct a review and respond with a proposal for connection.
The water trust and Utility will meet to discuss the terms of connection and develop a plan for moving
forward.
III. FINAL ACCEPTANCE OF A WATER SERVICES AGREEMENT
A Water Services Agreement will be the final product of the above detailed procedure and negotiations
between the water trust and utility. The Water Services Agreement will define the terms and conditions
of connection including the financial obligation of the Water Trust and identify required repairs or
upgrades. New water meters will be required and the cost for the meter and the installation will be part
of the service connection fee. All costs associated with internal plumbing is the responsibility of the
resident. If full water main replacements are required within 5 or 10 years of the agreement, the full cost
or the cost at a sliding scale will be assessed to the residents. The final acceptance of the Water Services
Agreement is based on approval from the Muskego Public Works & Safety Committee and Common
Council.
SERVICE CONNECTION POLICY
I.
II.
MUSKEGO WATER UTILTY
(May 24, 2022)
GENERAL
The purpose of this policy is to create a standard method for the Muskego Water Utility to
determine if or when residents shall be required to connect to City water when City water is
available. The resident will be responsible for all costs associated with the private lateral
installation from the right-of-way to the private residence and for the connection fee.
Options
A. Scenario: Water Main Extension
1. Existing policy: Connection required once private well fails with no option to
drill new well.
2. Connection required 10/15/20 years from City water availability or at the point
of sale of home.
3. Connection required at point of sale.
4. Connection required within a specified number of days from written City notice
(no less than 90 days).
B. Scenario: Existing Water Main is Available, but Resident is Currently Not Connected
1. Existing policy: Connection required once private well fails with no option to
drill new well.
2. Connection required 10/15/20 years from City water availability or at the point
of sale of home.
3. Connection required at point of sale.
4. No requirement for direct connection.
6
WATER MAIN RELAY ASSESSMENT POLICY
MUSKEGO WATER UTILTY
(May 24, 2022)
I. GENERAL
The purpose of this policy is to create a standard method for the Muskego Water Utility to determine
if or how residents shall be assessed for water main relay. All residents in this situation are current
water utility customers who are connected to City water and are contributing to the water utility.
II. OPTIONS
1. Follow or modify current water main assessment policy. Resident responsible for all costs.
2. Assess residents with a capped cost and Utility covers remaining cost.
3. Do not assess residents. Utility to cover all costs.
7
CITY OF MUSKEGO
Staff Report to Common Council
May 24, 2022 Meeting
To: Committee of the Whole (COW)
From: Adam Trzebiatowski, AICP
Subject: Stark— Offer to Purchase City Land
Date: May 23, 2022
Background Information:
The City recently received an offer to purchase for a piece of City owned conservation land that is located within
Outlot 1 of the Forest Glen Subdivision. As part of the development of the Forest Glen Subdivision, Outlot 1 was
dedicated to the City/public for wetland and preservation purposes. The area of land that the offer to purpose is
specifically for appears to contain mostly, if not all, upland (non -wetland) areas. There are wetlands surrounding
this area. This area of land has historically been left in its natural condition, as many City owned conservation
areas are. The subdivision plat lists the preservation restrictions that apply to Outlot 1. Some of the preservation
restrictions include: no grading and filling, no removal of topsoil or other earthen material, no removal or
destruction of vegetative cover (unless they are invasive, dead, diseased or dying ... with proper approvals) and no
introduction of non -indigenous plant material.
The reason the offer to purchase was submitted, per the document, is to allow the adjacent owner, Jason Stark
(S71 W 16459 Glen Cove Ct. / Tax Key No. 2198.133), to be able to purchase the land and add it to his existing lot
(Lot 4 of the Forest Glen Subdivision) and be allowed to use the area by "maintaining the fire ring and walking
path on the property in its current condition ".
History:
Sometime between 2017 and 2020, Mr. Stark cleared a portion of the City property, adjacent to his lot, and in
various stages built a gravel walkway/patio feature, a fire pit, installed lighting, stored miscellaneous items (fire
wood, chairs, etc.) and extended a gravel walkway further into an adjacent wetland on the City property. All of
this work was done without any City or DNR permits or approvals. Once the City became aware of the
encroachments into the City outlot, we sent a letter to Mr. Stark alerting him of the violations that were present.
Mr. Stark let the City know he would address the violations that were present and restore the outlot (upland area
and the wetlands) back to their original condition by the agreed upon date of June 30, 2022. Since that time, the
City received the offer in question.
If the Common Council were to consider selling this portion on conservation land, the following items would
need to be considered, addressed, and/or revised:
• All fill placed by Mr. Stark in the wetland must be removed properly and restored, even if the fill is
located outside of the area that is part of the offer to purchase.
• The area to be purchased should be surveyed by a Professional Land Surveyor (PLS) to ensure the exact
location of the purchase boundary is clearly identified on paper as well as on the physical property itself.
An eventual Certified Survey Map (CSM) or deed transfer would need to be done to execute the physical
split of the land. The CSM option is strongly recommended over the deed transfer option as it is cleaner
and provides for better, more detailed, documentation of the land in question.
• Since there has been work done to this land in conflict with the preservation restrictions, if the City is
willing to consider to allow the improvements to remain, there will need to be some type of
alteration/modification to the area/lot(s) that are subject to the current preservation restriction.
• A Zoning Permit would be required for any hardscape (concrete, asphalt, pavers or gravel) placed on the
property.
• The City of Muskego Zoning Code requires a 15-foot wetland protection offsets around all delineated
wetlands. Within that 15-foot area buffering the wetlands, no patios or walkways (concrete, asphalt,
pavers or gravel) are allowed. Since wetland delineations are typically only valid for a 5-year period, a
new wetland delineation may be required to determine where the 15-foot offsets would be measured
8
from. The DNR may be required to be involved in the decision if a new wetland delineation is required.
The only way around the 15-foot offset regulation is to apply for a variance through the Zoning Board of
Appeals. In the case of any variance considered by the Zoning Board of Appeals, an applicant is required
by State law to provide a hardship (cannot be financial based or based on personal desires/circumstances)
as to the reason for the requested variance. i
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WTLOT 1 SHALL. BE DEDICATED By FONAL CSA1 7285 k - RECORDIt44 OF 71415 PLAT. j N Q
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2015 2020 2021
9
Approved by the Wisconsin Real Estate Examining Board Lichtsinn & Haensel, s.c.
1/1/2021 (Optional Use Date) 2/1/2021 (Mandatory Use Date) Page 1 of 12, WB-13
WB-13 VACANT LAND OFFER TO PURCHASE
1 LICENSEE DRAFTING THIS OFFER ON May 11, 2022 fDATE1 IS AGENT OF BUYER)
2 (AGENT OF SELLER/LISTING FIRM) (AGENT OF BUYER AND SELLER) FSTRIKE THOSE NOT APPLICABLE
3 The Buyer, Jason Stark
4 offers to purchase the Property known as Part of Parcel No. MSKC2198157
5 as depicted on Exhibit A
6 [e.g., Street Address, Parcel Number(s), legal description, or insert additional description, if any, at lines 650-664, or
7 attach as an addendum per line 686] in the City of Muskego
8 County of Waukesha Wisconsin, on the following terms:
9 PURCHASE PRI—C—El The purchase price is Five Thousand
10 Dollars ($ 5, 000 .00 ).
11 INCLUDED IN PURCHASE PRICE Included in purchase price is the Property, all Fixtures on the Property as of the date
12 stated on line 1 of this Offer (unless excluded at lines 17-18), and the following additional items: NA
13
14 NOTE: The terms of this Offer, not the listing contract or marketing materials, determine what items are included
15 or not included. Annual crops are not part of the purchase price unless otherwise agreed.
16 1 NOT INCLUDED IN PURCHASE PRICE I Not included in purchase price is Seller's personal property (unless included at
17 lines 12-13) and the following: NA
18
19 CAUTION: Identify Fixtures that are on the Property (see lines 21-25) to be excluded by Seller or that are rented
20 and will continue to be owned by the lessor.
21 "Fixture" is defined as an item of property which is physically attached to or so closely associated with land so as to be
22 treated as part of the real estate, including, without limitation, physically attached items not easily removable without damage
23 to the premises, items specifically adapted to the premises and items customarily treated as fixtures, including, but not
24 limited to, all: perennial crops, garden bulbs; plants; shrubs and trees; fences; storage buildings on permanent foundations
25 and docks/piers on permanent foundations.
26 CAUTION: Exclude any Fixtures to be retained by Seller or that are rented on lines 17-18 or at lines 650-664 or in
27 an addendum per line 686.
28 BINDING ACCEPTANCE This Offer is binding upon both Parties only if a copy of the accepted Offer is delivered to Buyer
29 on or before May 26, 2022
30 Seller may keep the Property on the market and accept secondary offers after binding acceptance of this Offer.
31 CAUTION: This Offer may be withdrawn prior to delivery of the accepted Offer.
32 1 ACCEPTANCE I Acceptance occurs when all Buyers and Sellers have signed one copy of the Offer, or separate but identical
33 copies of the Offer.
34 CAUTION: Deadlines in the Offer are commonly calculated from acceptance. Consider whether short term
35 Deadlines running from acceptance provide adequate time for both binding acceptance and performance.
36 � This transaction is to be closed on July 1, 2022
37
38 at the place selected by Seller, unless otherwise agreed by the Parties in writing. If the date for closing falls on a Saturday,
39 Sunday, or a federal or a state holiday, the closing date shall be the next Business Day.
40 CAUTION: To reduce the risk of wire transfer fraud, any wiring instructions received should be independently
41 verified by phone or in person with the title company, financial institution, or entity directing the transfer. The real
42 estate licensees in this transaction are not responsible for the transmission or forwarding of any wiring or money
43 transfer instructions.
44
45 ■ EARNEST MONEY of N aeeempanies this Offer.
46
47 ■ EARNEST MONEY of $ 2, 000.00 will be mailed, or commercially, electronically
48 or personally delivered within 5 days ("5" if left blank) after acceptance.
49 All earnest money shall be delivered to and held by (listingr) (drafting Firm) (ethef derlti#+ed as
50 ,1 HOSE NOT APPLIGARLE
51 (listing FiF if RGRe eh.,senj if no listing Firm,then dFafti Fi M; f no Firm the. ..C...,II \
52 CAUTION: If a Firm does not hold earnest money, an escrow agreement should be drafted by the Parties or an
53 attorney as lines 56-76 do not apply. If someone other than Buyer pays earnest money, consider a special
54 disbursement agreement.
55 ■ THE BALANCE OF PURCHASE PRICE will be paid in cash or equivalent at closing unless otherwise agreed in writing.
Lichtsinn & Haensel, s.c. I I I East Wisconsin Avenue Milwaukee, W1 53202 Phone: (414)276-3400 Fax: (414)276-9278 Stark Offer
Michael Orgeman Produced with zipFormOO by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www.zioLooix.com
10
Property Address: Part of Parcel No. MSKC2198157 , Muskego , WI 53150 Page 2 of 12, WB-13
56 ■ DISBURSEMENT IF EARNEST MONEY HELD BY A FIRM: If negotiations do not result in an accepted offer and the
57 earnest money is held by a Firm, the earnest money shall be promptly disbursed (after clearance from payer's depository
58 institution if earnest money is paid by check) to the person(s) who paid the earnest money. At closing, earnest money shall
59 be disbursed according to the closing statement. If this Offer does not close, the earnest money shall be disbursed according
60 to a written disbursement agreement signed by all Parties to this Offer. If said disbursement agreement has not been
61 delivered to the Firm holding the earnest money within 60 days after the date set for closing, that Firm may disburse the
62 earnest money: (1) as directed by an attorney who has reviewed the transaction and does not represent Buyer or Seller;
63 (2) into a court hearing a lawsuit involving the earnest money and all Parties to this Offer; (3) as directed by court order; (4)
64 upon authorization granted within this Offer; or (5) any other disbursement required or allowed by law. The Firm may retain
65 legal services to direct disbursement per (1) or to file an interpleader action per (2) and the Firm may deduct from the
66 earnest money any costs and reasonable attorneys' fees, not to exceed $250, prior to disbursement.
67 ■ LEGAL RIGHTS/ACTION: The Firm's disbursement of earnest money does not determine the legal rights of the Parties
68 in relation to this Offer. Buyer's or Seller's legal right to earnest money cannot be determined by the Firm holding the earnest
69 money. At least 30 days prior to disbursement per (1), (4) or (5) above, where the Firm has knowledge that either Party
70 disagrees with the disbursement, the Firm shall send Buyer and Seller written notice of the intent to disburse by certified
71 mail. If Buyer or Seller disagrees with the Firm's proposed disbursement, a lawsuit may be filed to obtain a court order
72 regarding disbursement. Small Claims Court has jurisdiction over all earnest money disputes arising out of the sale of
73 residential property with one -to -four dwelling units. Buyer and Seller should consider consulting attorneys regarding their
74 legal rights under this Offer in case of a dispute. Both Parties agree to hold the Firm harmless from any liability for good
75 faith disbursement of earnest money in accordance with this Offer or applicable Department of Safety and Professional
76 Services regulations concerning earnest money. See Wis. Admin. Code Ch. REEB 18.
77 TIME IS OF THE ESSENCE "Time is of the Essence" as to: (1) earnest money pa ment(s); (2) binding acceptance; (3)
78 occupancy; (4) date of closing; (5) contingency Deadlines STRIKE AS APPLICABLE I and all other dates and Deadlines in
79 this Offer except:none other
80 If "Time is of the Essence" applies to a date or Deadline,
81 failure to perform by the exact date or Deadline is a breach of contract. If "Time is of the Essence" does not apply to a date
82 or Deadline, then performance within a reasonable time of the date or Deadline is allowed before a breach occurs.
83 VACANT LAND DISCLOSURE REPORT I VVIseensin !a ., re es a of Feat n ert„ that does net EnGl de any
84 buildings to PFE)Vide BuyeFS with a Vacant Land Disclosuie Reptairt. Exeluded from this requirement are sales exempt from
85 the Peal estate tFansfer fee and sales by eeFtain seuFt appointed fidL1Giarie6, fbr example, pelFSenal FepFesentatives, who
86 have neveF OGGUP'ed the Property. The fbrrn of the RepoFt is found in Wis. Stat. § 709.033. The law PFGvddes� "§ 709.02
87 DiSGIesure ... .. ,
to
88
89 . ..
by
90 deWerming a WFitten n0tiGe Of Fesoossien te the E)wneF eF the OWReF'S agent." Buyeir may also have certain resisission Fights
91 a Vaeant Land Disclosure RepeFt disislesing defeets is flUfflished befE)Fe expiration of the 10 days, but afteF the OffeF
92 submitted to SelleF. BuyeF sheuld Feview the FepeFt f0Pm er sensult with an attorney for additional infbrmatien regarding
93 FeseESSieR rim
94 1PROPERTY CONDITION REPRESENTATIONS Seller represents to Buyer that ., of the date of a eptanse Sauer has
95 no netilse er knowledge Of GeRditiens Affeeting the Plreperty or Transaistien (lines 101 181) other than these identified in
96
97 signing this Offer and that as a de a art of this Offer by reference IGOMPLET-E DATE OR STRIKE AS APPLtGABL-E!
98 aiDA
99
100 CONDITIONS NOT ALREADY INCLUDED IN THE [DISGLOSURE R94P
101 "Genrdit L,no Offelating the Dreperty or Trr nceetien" are defined t9 iRGI .te•
102 a
103 b. Impaist fees OF anetheF GeRditien eF 9181SUFFenee that would signifleantly inUease development GOStS eF reduee the value
104
105 C. Brownfields (abandoned, 'died, OF HRdeFldsed land that may be subjeet to environmental Gentamination) er other
106 contaminated land en the PFE)peFty, OF that sentaminated seils en the pFepeFty have been eleaned LAp undeF the PetFlSleum
107 EnViFenmental Cleanup Fund Act (PF=GF=A), a Wiseensin DepaFtment of Natural Resources (DNR) remedial eF Gleanup
108 .
109 d. SHIRS901 GeRditEGRG that would signifilsantly inGFease the sest ef development, inGluding, b6it Pet limited te, subsLiFfaGe
110 s
111 FnateF*als eF SeRtaineFS f9F these materials weFe disposed of on vielatien ef manlJfa6tWFeF OF geyefflment guidelines EIF Othe
112 I
113
114 e.
115 f.
Produced with zipForrn® by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www.zioLocix.com Stark Offer
11
Property Address: Part of Parcel No. MSKC2198157 , Muskego , WI 53150 Page 3 of 12, WB-13
116
117 hazardeus or tl substanees en the PFl OF high voltage l (100 KV or greater) or steel natural gas tF
118 lines located on but not direetly serving the Property.
119 g. Defec4s eaused by unsafe conGentrations l unsafe Genditions relating to, or the storage of, hazardous OF t0XmG
120 substances on neighboring properties.
121 h. The Property is seNed by a joint welli Defl related te a joint well sl the PFl or IDefeGtG on a well E)R the
122 PFeperty er on a well that serves the Property, ORGIuding Ullsafe well water due tG GGRtaMinaRtIS ISUGh as GE)Imf9FM, Riticates, GF
123 atFazine, c)r any eut of seFV'Ge wells 9F GmsteFR6 that are required te be abandoned (see § NR 812.26, Wis. Adm. Gedel/ but
124
125 I. Defeets in any septiG system OF other Private san'taFy diSpl system en the Property; OF any Out Of Sl septiG
126
127 j. Underground OF abevegrl fuel steFage tanks presently OF Previously en the PFE)peFty feF SteFage ef flariFirriable 9F
128 GIDIFIFIbustible liquids but Ret "mited to, gase"ne or heating ail; or DefeGt6 in the undeFgFeurid OF abevegFeHRd fuel
129 storage tanks 110-Sly IGGated on the PFeperty. Defl in underground or abovegFound fuel Stl tanks may
130 nelude items sueh as abandeRed tanks net elesed 'n 0019felFriganee w th applaeable leeal, state, and federal law; leaking;
131 eorrosion; or faHure to meet epeFating standards. (The owner, by law, may have tG register the taRks with the Department
132 ef Agriculture, Trade and CE)n6UFneF PF0tel at P.O. Box 8911, Mal WISGE)nsin, 53708, whether the tanks are i,-. use
133 or not. Department regulations may require closure or removal of unused tanks.)
134 k. EAstin g Gr uwu^4C„Cw manure v + o ra9 c faci•t�' cTI vcv+ cavrrchcproperty.
135 I.
136 Femedeling that may iRGFea6e the RFepl assessed value; peril SpeGmal assessmerits; GF PFepl is witNR a speGial
137
138 M.
139 assessments E)F that may ethepwise materially a#eet the PFGpeFty 9F the present use ef the PFE)peFty; E)F any land divisien
140
141 n.
142 and there are eemmen areas .''.ssel,,w+`rr with the or,.neFty that are ee ewned with ethers
143 O. ,
144 wl BF ShOlFeland zening area under local, state OF federal regulatiens; OF the Preperty is subject to a mitigation plan
145 required by VV'sGensan Department of Natural Resources (DNR) rules related tE) Geunty shereland zoning E)FdqnanGes, that
146
147 Eeunty.
148 p. . NeriGonferming uses of the Property (a nenGeRfEWRiRg use is a use ef land that existed lawfully before the GUFFent zeriing
149 nanGe was enalated or amended, but that does not E)onf()FFA to the use FestriGtions in the current ordinanee); elonservafion
150 easements (a GenseFvatien easement is a legal agreement On wNeh a pFepeFty owner eenveys some ef the Fights asseeiated
151 with ownership l his E)F her PFE)peFty te an easement holder 6UGh as a governmeRtal 6IRmt or a qualified Renffofmt eFganizatmen
152 te ffeteet the natural habitat E)f fish, wild"fe, 9F plants eF a simdaF eeasystem, preserve areas for outdoer reffeatien BF
153 edueatmen, OF fOF similar Purposes); FeStFiGtive eeveriants OF deed FeStFiefiGIFIG en the PFOpeity; Ew, ether than publiG Fights ef
154 way, RGRE)WReFs haViRg Fights tc) use part l the Property, mRGIudiPIg, but net limited ta, private rights of way and ea6emeRts
155 other +haR re eFded , +iI'+„ easerneRtS.
156 q. All GF Part of the RFeperty has been assessed as agFOGAUFal land; has beeR assessed a use value assessment
157 GGnYl Gharge; eF payment of a use value assessment GenveFSOIDR l has been deferred.
158 r. All eF part ef the Property i6 subject to, enFG'Ied on, er an vblatien ef a faFFRIand preservafien agreement, Forest Crop
159 Law, Managed Forest Law, the Conservation Reserve PFE)gFaM, E)F a 601"Flparable prOgrarn.
160 S. A dam is tiotally er paFtially IGGated Gn the PF9PeFtYj E)F an ewneFshmp interest iFl a darn RGt IE)Gated on the Property will
161
162 c'm•lo gFGUP of which the Property GWReF.s a member.
163 t. Ne legal aGl te the RFOpeictyj E)F bE)UndaFy OF let line disputes, enUoaohments eF enoumbianl (iRduding a joint
164 f
165 partially lecated on Or evedapping on land belonging to anether; suoh as, w4hout Nmitation, feRees, houses, garages,
166 f
167 the-RrepeFty GIF to the use of the RrepeFty sueh as joint driveway, liens, and lieenses.
168 u. Government agenGy, GeLAFt order, OF federal, state, or loGal regulatiens _I_ing epamF, alteration DF eerrectmen of an
169 existing GGri+t1g1B.
170 V. A pier attal to the Property not in Gerriplianee with state GIF 196al Pier regulations; a wrMen agreement affeeting
171 riparian rights related to the Property; or the bed of the abutting navigable watepway is ewned by a hydrGelel operate
172 W. Material damage fFE)Fn fiFe, wind, flood, eaFthquake, expansive soil, er0GmGR, OF landslide.
173 X.
174 y. Signifileant GFGp darnage 49m disease, mnseGtS, soil Gentaminatil wildlife, GF ether Gausesj diseased eF dyiRg trees ar
175
176 z. Animal, reptile, er other inseet infestations; drainage easeFneRt OF grading PFE)b'eFns; emeessive sliding; OF EIRY ethe
177 nefeGt OF ate I nd'+•e
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178 aa. Al,chee-logioal aFtifacts, mineral Fights, or6haFds, OF endangered spee es, E)F one eF more b1dFial sites en the PropeFty.
179 bb.
180 CC.
181 l0000 pe ent er an exte siGR Of Gredit frem an eIeGtF'n eFati„o
182 NA GOVERNMENT PROGRAMS: Seller shall deliver to Buyer, within days (15" if left blank) after acceptance
183 of this Offer, a list of all federal, state, county, and local conservation, farmland, environmental, or other land use programs,
184 agreements, restrictions, or conservation easements, which apply to any part of the Property (e.g., farmland preservation
185 agreements, farmland preservation or exclusive agricultural zoning, use value assessments, Forest Crop, Managed Forest,
186 Conservation Reserve Program, wetland mitigation, shoreland zoning mitigation plan or comparable programs), along with
187 disclosure of any penalties, fees, withdrawal charges, or payback obligations pending, or currently deferred, if any. This
188 contingency will be deemed satisfied unless Buyer delivers to Seller, within 7 days after the deadline for delivery, a notice
189 terminating this Offer based upon the use restrictions, program requirements, and/or amount of any penalty, fee, charge, or
190 payback obligation.
191 CAUTION: If Buyer does not terminate this Offer, Buyer is hereby agreeing that Buyer will continue in such
192 programs, as may apply, and Buyer agrees to reimburse Seller should Buyer fail to continue any such program
193 such that Seller incurs any costs, penalties, damages, or fees that are imposed because the program is not
194 continued after sale. The Parties agree this provision survives closing.
195 MANAGED FOREST LAND: If all, or part, of the Property is managed forest land under the Managed Forest Law (MFL)
196 program, this designation will continue after closing. Buyer is advised as follows: The MFL is a landowner incentive
197 program that encourages sustainable forestry on private woodlands by reducing and deferring property taxes. Orders
198 designating lands as managed forest lands remain in effect for 25 or 50 years. When ownership of land enrolled in the
199 MFL program changes, the new owner must sign and file a report of the change of ownership on a form provided by the
200 Department of Natural Resources and pay a fee. By filing this form, the new owner agrees to the associated MFL
201 management plan and the MFL program rules. The DNR Division of Forestry monitors forest management plan
202 compliance. Changes a landowner makes to property that is subject to an order designating it as managed forest land,
203 or to its use, may jeopardize benefits under the program or may cause the property to be withdrawn from the program
204 and may result in the assessment of penalties. For more information call the local DNR forester or visit
205 https://dnr.wisconsin.gov/topic/forestry .
206 USE VALUE ASSESSMENTS: The use value assessment system values agricultural land based on the income that
207 would be generated from its rental for agricultural use rather than its fair market value. When a person converts agricultural
208 land to a non-agricultural use (e.g., residential or commercial development), that person may owe a conversion charge.
209 To obtain more information about the use value law or conversion charge, contact the Wisconsin Department of Revenue's
210 Equalization Bureau or visit http://www.revenue.wi.gov/ .
211 FARMLAND PRESERVATION: The early termination of a farmland preservation agreement or removal of land from such
212 an agreement can trigger payment of a conversion fee equal to 3 times the per acre value of the land. Contact the
213 Wisconsin Department of Agriculture, Trade and Consumer Protection Division of Agricultural Resource Management or
214 visit http://www.datcp.state.wi.us/ for more information.
215 CONSERVATION RESERVE PROGRAM (CRP): The CRP encourages farmers, through contracts with the U.S.
216 Department of Agriculture, to stop growing crops on highly erodible or environmentally sensitive land and instead to plant
217 a protective cover of grass or trees. CRP contracts run for 10 to 15 years, and owners receive an annual rent as well as
218 certain incentive payments and cost share assistance for establishing long-term, resource -conserving ground cover.
219 Removing lands from the CRP in breach of a contract can be quite costly. For more information call the state Farm Service
22o Agency office or visit http://www.fsa.usda.gov/.
221 SHORELAND ZONING ORDINANCES: All counties must adopt uniform shoreland zoning ordinances in compliance with
222 Wis. Admin. Code Chapter NR 115. County shoreland zoning ordinances apply to all unincorporated land within 1,000
223 feet of a navigable lake, pond or flowage or within 300 feet of a navigable river or stream and establish minimum standards
224 for building setbacks and height limits, cutting trees and shrubs, lot sizes, water runoff, impervious surface standards (that
225 may be exceeded if a mitigation plan is adopted and recorded) and repairs to nonconforming structures. Buyers must
226 conform to any existing mitigation plans. For more information call the county zoning office or visit https:Hdnr.wi.gov/.
227 Buyer is advised to check with the applicable city, town or village for additional shoreland zoning or shoreland-wetland
228 zoning restrictions, if any.
229 FENCES: Wis. Stat. § 90.03 requires the owners of adjoining properties to keep and maintain legal fences in equal shares
230 where one or both of the properties is used and occupied for farming or grazing purposes.
231 CAUTION: Consider an agreement addressing responsibility for fences if Property or adjoining land is used and
232 occupied for farming or grazing purposes.
233 PROPERTY DEVELOPMENT WARNING: If Buyer contemplates developing Property for a use other than the current use,
234 there are a variety of issues that should be addressed to ensure the development or new use is feasible. Buyer is solely
235 responsible to verify the current zoning allows for the proposed use of the Property at lines 251-255. Municipal and zoning
236 ordinances, recorded building and use restrictions, covenants and easements may prohibit certain improvements or uses
237 and therefore should be reviewed. Building permits, zoning or zoning variances, Architectural Control Committee approvals,
238 estimates for utility hook-up expenses, special assessments, changes for installation of roads or utilities, environmental
239 audits, subsoil tests, or other development related fees may need to be obtained or verified in order to determine the
240 feasibility of development of, or a particular use for, a property. Optional contingencies that allow Buyer to investigate certain
241 of these issues can be found at lines 244-304 and Buyer may add contingencies as needed in addenda (see line 686).
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242 Buyer should review any plans for development or use changes to determine what issues should be addressed in these
243 contingencies.
244 PROPOSED USE CONTINGENCIES: This Offer is contingent upon Buyer obtaining, at Buyer's expense, the reports or
245 documentation required by any optional provisions checked on lines 256-281 below. The optional provisions checked on
246 lines 256-281 shall be deemed satisfied unless Buyer, within 30 days ("30" if left blank) after acceptance, delivers: (1)
247 written notice to Seller specifying those optional provisions checked below that cannot be satisfied and (2) written evidence
248 substantiating why each specific provision referred to in Buyer's notice cannot be satisfied. Upon delivery of Buyer's notice,
249 this Offer shall be null and void. Seller agrees to cooperate with Buyer as necessary to satisfy the contingency provisions
250 checked at lines 256-281.
251 Proposed Use: Buyer is purchasing the Property for the purpose of:combining the Property with that parcel
252 identified as MSKC2198133 and maintaining the fire ring and walking path on the Property
253 in its current condition [insert proposed use
254 and type or style of building(s), size and proposed building location(s), if a requirement of Buyer's condition to
255 purchase, e.g.1400-1600 sq. ft. three -bedroom single family ranch home in northwest corner of lot].
256 NA I ZONING: Verification of zoning and that the Property's zoning allows Buyer's proposed use described at lines
257 251-255.
258 FJNA I SUBSOILS: Written evidence from a qualified soils expert that the Property is free of any subsoil condition that
259 would make the proposed use described at lines 251-255 impossible or significantly increase the costs of such
260 development.
261 NA PRIVATE ONSITE WASTEWATER TREATMENT SYSTEM (POWTS) SUITABILITY: Written evidence from a
262 certified soils tester that: (a) the soils at the Property locations selected by Buyer, and (b) all other conditions that must
263 be approved, meet the legal requirements in effect on the date of this Offer to obtain a permit for a POWTS for use of
264 the Property as stated on lines 251-255. The POWTS (septic system) allowed by the written evidence must be one of
265 the followinci POWTS that is approved by the State for use with the type of property identified at lines 251-255 FCHECK
266 1ALLTHATAPPLY ❑ conventional in -ground; ❑ mound; ❑ at grade; ❑ in -ground pressure distribution; ❑ holding
267 tank- ❑ other:
NA 268 EASEMENTS AND RESTRICTIONS: Copies of all public and private easements, covenants and restrictions
269 affecting the Property and a written determination by a qualified independent third party that none of these prohibit or
270 significantly delay or increase the costs of the proposed use or development identified at lines 251-255.
I
271 X I APPROVALS/PERMITS: Permits, approvals and licenses, as appropriate, or the final discretionary action by the
272 granting authority prior to the issuance of such permits or building permit, approvals and licenses, for the following items
273 related to Buyer's proposed use: All necessary approvals for combining the Property into Parcel
274 MSKC2198133 and continued use/maintenace of those Improvements located on the Property
275 NA I UTILITIES: Written verification of the location of the following utilitv service connections (e.g., on the Property, at
276 the lot line, across the street, etc.) CHECK AND COMPLETE AS APPLICABLE :
277 Elelectricity ; ❑gas ❑sewer ;
278 ❑ water ; ❑ telephone ❑ cable
279 ❑ other
280 NA ACCESS TO PROPERTY: Written verification that there is legal vehicular access to the Property from public
281 roads.
282 NA 1 LAND USE APPROVAL/PERMITS: This Offer is contingent upon (Buyer) Seller) ISTRIKE ONE ("Buyer" if neither
283 stricken) obtaining the following, including all costs: a CHECK ALL THAT APPLYI ❑ rezoning; ❑ conditional use permit;
284 ❑ variance; ❑ other for the Property for its proposed use described at lines 251-255.
285 Seller agrees to cooperate with Buyer as necessary to satisfy this contingency. Buyer shall deliver, within days of
286 acce tance, written notice to Seller if any item cannot be obtained, in which case this Offer shall be null and void.
287 NA I MAP OF THE PROPERTY: This Offer is contingent upon (Buyer obtaining) (Seller providing) I STRIKE ONE ("Seller
288 providing" if neither is stricken) a Map of the Property dated subsequent to the date of acceptance of this Offer Prepared b
289 a registered land surveyor, within days ("30" if left blank) after acceptance, at (Buyer's) (Seller's) ISTRIKE ONE
290 ("Seller's" if neither is stricken) expense. The map shall show minimum of acres, maximum of
291 acres, the legal description of the Property, the Property's boundaries and dimensions, visible encroachments upon the
292 Property, the location of improvements, if any, and:
293
294 ISTRIKE AND COMPLETE AS APPLICABLE Additional map features that may
295 be added include but are not limited to: staking of all corners of the Property; identifying dedicated and apparent streets; lot
296 dimensions; total acreage or square footage; easements or rights -of -way.
297 CAUTION: Consider the cost and the need for map features before selecting them. Also consider the time required
298 to obtain the map when setting the deadline.
299 This contingency shall be deemed satisfied unless Buyer, within 5 days after the deadline for delivery of said map, delivers
300 to Seller a copy of the map and a written notice which identifies: (1) the significant encroachment; (2) information materially
301 inconsistent with prior representations; or (3) failure to meet requirements stated within this contingency. Upon delivery of
302 Buyer's notice, this Offer shall be null and void. Once the deadline for delivery has passed, if Seller was responsible to
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Property Address: Part of Parcel No. MSKC2198157 , Muskeao WI 53150 Page 6 of 12. W13-13
303 provide the map and failed to timely deliver the map to Buyer, Buyer may terminate this Offer if Buyer delivers a written
304 notice of termination to Seller prior to Buyer's Actual Receipt of said map from Seller.
305 JINSPECTIONS AND TESTING Buyer may only conduct inspections or tests if specific contingencies are included as a
306 part of this Offer. An "inspection" is defined as an observation of the Property, which does not include an appraisal or testing
307 of the Property, other than testing for leaking carbon monoxide, or testing for leaking LP gas or natural gas used as a fuel
308 source, which are hereby authorized. A "test" is defined as the taking of samples of materials such as soils, water, air or
309 building materials from the Property for laboratory or other analysis of these materials. Seller agrees to allow Buyer's
310 inspectors, testers and appraisers reasonable access to the Property upon advance notice, if necessary, to satisfy the
311 contingencies in this Offer. Buyer or licensees or both may be present at all inspections and testing. Except as otherwise
312 provided, Seller's authorization for inspections does not authorize Buyer to conduct testing of the Property.
313 NOTE: Any contingency authorizing testing should specify the areas of the Property to be tested, the purpose of
314 the test (e.g., to determine if environmental contamination is present), any limitations on Buyer's testing and any
315 other material terms of the contingency.
316 Buyer agrees to promptly restore the Property to its original condition after Buyer's inspections and testing are completed
317 unless otherwise agreed to with Seller. Buyer agrees to promptly provide copies of all inspection and testing reports to
318 Seller. Seller acknowledges that certain inspections or tests may detect environmental pollution that may be required to be
319 reported to the Wisconsin Department of Natural Resources.
320 NA INSPECTION CONTINGENCY: This contingency only authorizes inspections, not testing (see lines 305-319).
321 (1) This Offer is contingent upon a qualified independent inspector conducting an inspection of the Property after the date
322 on line 1 of this Offer that discloses no Defects.
323 (2) This Offer is further contingent upon a qualified independent inspector or independent qualified third party performing an
324 inspection of
325 (list any Property component(s)
326 to be separately inspected, e.g., dumpsite, timber quality, invasive species, etc.) that discloses no Defects.
327 (3) Buyer may have follow-up inspections recommended in a written report resulting from an authorized inspection, provided
328 they occur prior to the Deadline specified at line 333. Inspection(s) shall be performed by a qualified independent
329 inspector or independent qualified third party.
330 Buyer shall order the inspection(s) and be responsible for all costs of inspection(s).
331 CAUTION: Buyer should provide sufficient time for the Property inspection and/or any specialized inspection(s),
332 as well as any follow-up inspection(s).
333 This contingency shall be deemed satisfied unless Buyer, within days ("15" if left blank) after acceptance, delivers
334 to Seller a copy of the written inspection report(s) dated after the date on line 1 of this Offer and a written notice listing the
335 Defect(s) identified in those report(s) to which Buyer objects (Notice of Defects).
336 CAUTION: A proposed amendment is not a Notice of Defects and will not satisfy this notice requirement.
337 For the purposes of this contingency, Defects do not include structural, mechanical or other conditions the nature and extent
338 of which Buyer had actual knowledge or written notice before signing this Offer.
339 NOTE: "Defect" as defined on lines 553-555 means a condition that would have a significant adverse effect on the
340 value of the Property; that would significantly impair the health or safety of future occupants of the Property; or
341 that if not repaired, removed or replaced would significantly shorten or adversely affect the expected normal life
342 of the premises.
343 m RIGHT TO CURE: Seller (shall)(shall not) ISTRIKE ONE ("shall" if neither is stricken) have the right to cure the Defects.
344 If Seller has the right to cure, Seller may satisfy this contingency by:
345 (1) delivering written notice to Buyer within (10" if left blank) days after Buyer's delivery of the Notice of Defects
346 stating Seller's election to cure Defects;
347 (2) curing the Defects in a good and workmanlike manner; and
348 (3) delivering to Buyer a written report detailing the work done no later than three days prior to closing.
349 This Offer shall be null and void if Buyer makes timely delivery of the Notice of Defects and written inspection report(s) and:
350 (1) Seller does not have the right to cure; or
351 (2) Seller has the right to cure but:
352 (a) Seller delivers written notice that Seller will not cure; or
353 (b) Seller does not timely deliver the written notice of election to cure.
354 IF LINE 355 IS NOT MARKED OR IS MARKED N/A LINES 403-414 APPLY.
355 NA I FINANCING COMMITMENT CONTINGENCY: This Offer is contingent upon Buyer being able to obtain a written
356 [loan type or specific lender, if any] first mortgage loan commitment as described
357 below, within days after acceptance of this Offer. The financing selected shall be in an amount of not less than $
358 for a term of not less than years, amortized over not less than years. Initial
359 monthly payments of principal and interest shall not exceed $ . Buyer acknowledges that lender's
36o required monthly payments may also include 1/12th of the estimated net annual real estate taxes, hazard insurance
361 premiums, and private mortgage insurance premiums. The mortgage shall not include a prepayment premium. Buyer agrees
362 to pay discount points in an amount not to exceed % ("0" if left blank) of the loan. If Buyer is using multiple loan
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363 sources or obtaining a construction loan or land contract financing, describe at lines 650-664 or in an addendum attached
364 per line 686. Buyer agrees to pay all customary loan and closing costs, wire fees, and loan origination fees, to promptly
365 apply for a mortgage loan, and to provide evidence of application promptly upon request of Seller. Seller agrees to allow
366 lender's appraiser access to the Property.
367 ■ LOAN AMOUNT ADJUSTMENT: If the purchase price under this Offer is modified, any financed amount, unless otherwise
368 provided, shall be adjusted to the same percentage of the purchase price as in this contingency and the monthly payments
369 shall be adjusted as necessary to maintain the term and amortization stated above.
370 CHECK AND COMPLETE APPLICABLE FINANCING PROVISION AT LINE 371 or 372.
371 ❑ FIXED RATE FINANCING: The annual rate of interest shall not exceed %.
372 ❑ ADJUSTABLE RATE FINANCING: The initial interest rate shall not exceed %. The initial interest rate
373 shall be fixed for months, at which time the interest rate may be increased not more than % ("2" if
374 left blank) at the first adjustment and by not more than % (1" if left blank) at each subsequent adjustment.
375 The maximum interest rate during the mortgage term shall not exceed the initial interest rate plus % ("6" if
376 left blank). Monthly payments of principal and interest may be adjusted to reflect interest changes.
377 ■ SATISFACTION OF FINANCING COMMITMENT CONTINGENCY: If Buyer qualifies for the loan described in this Offer
378 or another loan acceptable to Buyer, Buyer agrees to deliver to Seller a copy of a written loan commitment.
379 This contingency shall be satisfied if, after Buyer's review, Buyer delivers to Seller a copy of a written loan commitment
380 (even if subject to conditions) that is:
381 (1) signed by Buyer; or
382 (2) accompanied by Buyer's written direction for delivery.
383 Delivery of a loan commitment by Buyer's lender or delivery accompanied by a notice of unacceptability shall not satisfy
384 this contingency.
385 CAUTION: The delivered loan commitment may contain conditions Buyer must yet satisfy to obligate the lender to
386 provide the loan. Buyer understands delivery of a loan commitment removes the Financing Commitment
387 Contingency from the Offer and shifts the risk to Buyer if the loan is not funded.
388 ■ SELLER TERMINATION RIGHTS: If Buyer does not deliver a loan commitment on or before the Deadline on line 357.
389 Seller may terminate this Offer if Seller delivers a written notice of termination to Buyer prior to Seller's Actual Receipt of
390 written loan commitment from Buyer.
391 ■ FINANCING COMMITMENT UNAVAILABILITY: If a financing commitment is not available on the terms stated in this
392 Offer (and Buyer has not already delivered an acceptable loan commitment for other financing to Seller), Buyer shall
393 promptly deliver written notice to Seller of same including copies of lender(s)' rejection letter(s) or other evidence of
394 unavailability.
395 NA I SELLER FINANCING: Seller shall have 10 days after the earlier of:
396 (1) Buyer delivery of written notice of evidence of unavailability as noted in lines 391-394: or
397 (2) the Deadline for delivery of the loan commitment on line 357,
398 to deliver to Buyer written notice of Seller's decision to (finance this transaction with a note and mortgage under the same
399 terms set forth in this Offer, and this Offer shall remain in full force and effect, with the time for closing extended accordingly.
400 If Seller's notice is not timely given, the option for Seller to provide financing shall be considered waived. Buyer agrees to
401 cooperate with and authorizes Seller to obtain any credit information reasonably appropriate to determine Buyer's credit
402 worthiness for Seller financing.
403 IF THIS OFFER IS NOT CONTINGENT ON FINANCING COMMITMENT-1 Within days ("T' if left blank) after
404 acceptance, Buyer shall deliver to Seller either:
405 (1) reasonable written verification from a financial institution or third party in control of Buyer's funds that Buyer has, at
406 the time of verification, sufficient funds to close; or
407 (2)
408 [Specify documentation Buyer agrees to deliver to Seller].
409 If such written verification or documentation is not delivered, Seller has the right to terminate this Offer by delivering written
410 notice to Buyer prior to Seller's Actual Receipt of a copy of Buyer's written verification. Buyer may or may not obtain
411 mortgage financing but does not need the protection of a financing commitment contingency. Seller agrees to allow Buyer's
412 appraiser access to the Property for purposes of an appraisal. Buyer understands and agrees that this Offer is not subject
413 to the appraisal meeting any particular value, unless this Offer is subject to an appraisal contingency, nor does the right of
414 access for an appraisal constitute a financing commitment contingency.
415 NA I APPRAISAL CONTINGENCY: This Offer is contingent upon Buyer or Buyer's lender having the Property appraised
416 at Buyer's expense by a Wisconsin licensed or certified independent appraiser who issues an appraisal report dated
417 subsequent to the date stated on line 1 of this Offer, indicating an appraised value for the Property equal to or greater than
418 the agreed upon purchase price.
419 This contingency shall be deemed satisfied unless Buyer, within days after acceptance, delivers to Seller a copy
420 of the appraisal report indicating an appraised value less than the agreed upon purchase price, and a written notice objecting
421 to the appraised value.
422 ■ RIGHT TO CURE: Seller (shall)(shall not) ISTRIKE ONE ("shall" if neither is stricken) have the right to cure.
423 If Seller has the right to cure, Seller may satisfy this contingency by delivering written notice to Buyer adjusting the purchase
424 price to the value shown on the appraisal report within days ("5" if left blank) after Buyer's delivery of the appraisal
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425 report and the notice objecting to the appraised value. Seller and Buyer agree to promptly execute an amendment initiated
426 by either party after delivery of Seller's notice, solely to reflect the adjusted purchase price.
427 This Offer shall be null and void if Buyer makes timely delivery of the notice objecting to appraised value and the written
428 appraisal report and:
429 (1) Seller does not have the right to cure; or
430 (2) Seller has the right to cure but:
431 (a) Seller delivers written notice that Seller will not adjust the purchase price; or
432 (b) Seller does not timely deliver the written notice adjusting the purchase price to the value shown on the appraisal
433 report.
434 NOTE: An executed FHA, VA or USDA Amendatory clause may supersede this contingency.
435 NA CLOSING OF BUYER'S PROPERTY CONTINGENCY: This Offer is contingent upon the closing of the sale of
436 Buyer's property located at
437 no later than (the Deadline). If closing does not occur by the Deadline, this Offer shall
438 become null and void unless Buyer delivers to Seller, on or before the Deadline, reasonable written verification from a
439 financial institution or third party in control of Buyer's funds that Buyer has, at the time of verification, sufficient funds to close
440 or proof of bridge loan financing, along with a written notice waiving this contingency. Delivery of verification or proof of
441 brid e loan shall not extend the closing date for this Offer.
442NA BUMP CLAUSE: If Seller accepts a bona fide secondary offer, Seller may give written notice to Buyer that another
443 offer has been accepted. If Buyer does not deliver to Seller the documentation listed below within hours (72" if
444 left blank) after Buyer's Actual Receipt of said notice, this Offer shall be null and void. Buyer must deliver the following:
445 (1) Written waiver of the Closing of Buyer's Property Contingency if line 435 is marked;
446 (2) Written waiver of
447 (name other contingencies, if any); and
448 (3) An of the following checked below:
449 Proof of bridge loan financing.
450 0 Proof of ability to close from a financial institution or third party in control of Buyer's funds which shall provide
451 Seller with reasonable written verification that Buyer has, at the time of verification, sufficient funds to close.
452 Other:
453
454 [insert other requirements, if any (e.g., payment of additional earnest money, etc.)]
455 NA SECONDARY OFFER: This Offer is secondary to a prior accepted offer. This Offer shall become primary upon
456 delivery of written notice to Buyer that this Offer is primary. Unless otherwise provided, Seller is not obligated to give Buyer
457 notice prior to any Deadline, nor is any particular secondary buyer given the right to be made primary ahead of other
458 secondary buyers. Buyer may declare this Offer null and void by delivering written notice of withdrawal to Seller prior to
459 delivery of Seller's notice that this Offer is primary. Buyer may not deliver notice of withdrawal earlier than days (" T'
460 if left blank) after acceptance of this Offer. All other Offer Deadlines that run from acceptance shall run from the time this
461 Offer becomes primary.
462 EOMEOWNERSASSOCIATI
463 be subjeet to periedie asseematien fees afteF Glesing and one time fees resulting fFeM tFansfeF ef the I re erty. Any ene time
464 STRIKE ONE "BuyeF" if theF i
465 stflEken).
466 ICLOSING PRORATIONS I The following items, if applicable, shall be prorated at closing, based upon date of closing values:
467 real estate taxes, rents, prepaid insurance (if assumed), private and municipal charges, property owners or homeowners
468 association assessments, fuel and none other
469 CAUTION: Provide basis for utility charges, fuel or other prorations if date of closing value will not be used.
47o Any income, taxes or expenses shall accrue to Seller, and be prorated at closing,through the day prior to closing.
471 Real estate taxes shall be prorated at closing based on CHECK BOX FOR APPLICABLE PRORATION FORMULA :
472 0 The net general real estate taxes for the preceding year, or the current year if available (Net general real estate
473 taxes are defined as general property taxes after state tax credits and lottery credits are deducted.) NOTE: THIS CHOICE
474 APPLIES IF NO BOX IS CHECKED.
475 0 Current assessment times current mill rate (current means as of the date of closing).
476 0 Sale price, multiplied by the municipality area -wide percent of fair market value used by the assessor in the prior
477 ye�r, current year if known, multiplied by current mill rate (current means as of the date of closing).
478
479 CAUTION: Buyer is informed that the actual real estate taxes for the year of closing and subsequent years may be
480 substantially different than the amount used for proration especially in transactions involving new construction,
481 extensive rehabilitation, remodeling or area -wide re -assessment. Buyer is encouraged to contact the local
482 assessor regarding possible tax changes.
483 0 Buyer and Seller agree to re -prorate the real estate taxes, through the day prior to closing based upon the taxes on
484 the actual tax bill for the year of closing, with Buyer and Seller each owing his or her pro-rata share. Buyer shall, within 5
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485 days of receipt, forward a copy of the bill to the forwarding address Seller agrees to provide at closing. The Parties shall
486 re -prorate within 30 days of Buyer's receipt of the actual tax bill. Buyer and Seller agree this is a post -closing obligation
487 and is the responsibility of the Parties to complete, not the responsibility of the real estate Firms in this transaction.
488 [TITLE EVIDENCE11
489 ■ CONVEYANCE OF TITLE: Upon payment of the purchase price, Seller shall convey the Property by warranty deed
490 (trustee's deed if Seller is a trust, personal representative's deed if Seller is an estate or other conveyance as
491 provided herein), free and clear of all liens and encumbrances, except: municipal and zoning ordinances and agreements
492 entered under them, recorded easements for the distribution of utility and municipal services, recorded building and use
493 restrictions and covenants, presel Uses E)f the PFE)pel in vl ef the foregoing disdesed on Seller's VaGant Land
494 ni6^t^6lJre Repol and in this Offer general taxes levied in the year of closing and none other
495
496 (insert other allowable exceptions from title, if
497 any) that constitutes merchantable title for purposes of this transaction. Seller, at Seller's cost, shall complete and execute
498 the documents necessary to record the conveyance and pay the Wisconsin Real Estate Transfer Fee.
499 WARNING: Municipal and zoning ordinances, recorded building and use restrictions, covenants and easements
500 may prohibit certain improvements or uses and therefore should be reviewed, particularly if Buyer contemplates
501 making improvements to Property or a use other than the current use.
502 P TITLE EVIDENCE: Seller shall give evidence of title in the form of an owner's policy of title insurance in the amount of
503 the purchase price on a current ALTA form issued by an insurer licensed to write title insurance in Wisconsin. Seller shall
504 pay all costs of providing title evidence to Buyer. Buyer shall pay the costs of providing the title evidence required by Buyer's
505 lender and recording the deed or other conveyance.
506 ■ GAP ENDORSEMENT: Seller shall provide a "gap" endorsement or equivalent gap coverage at (Seller's)(Buyer's)
507 ISTRIKE ONE ("Seller's" if neither stricken) cost to provide coverage for any liens or encumbrances first filed or recorded
508 after the commitment date of the title insurance commitment and before the deed is recorded, subject to the title insurance
509 policy conditions, exclusions and exceptions, provided the title company will issue the coverage. If a gap endorsement or
510 equivalent gap coverage is not available, Buyer may give written notice that title is not acceptable for closing (see lines 516-
511 523).
512 ■ DELIVERY OF MERCHANTABLE TITLE: The required title insurance commitment shall be delivered to Buyer's attorney
513 or Buyer not more than 15 days after acceptance ("15" if left blank), showing title to the Property as of a date no more
514 than 15 days before delivery of such title evidence to be merchantable per lines 489-498, subject only to liens which will be
515 paid out of the proceeds of closing and standard title insurance requirements and exceptions, as appropriate.
516 ■ TITLE NOT ACCEPTABLE FOR CLOSING: If title is not acceptable for closing, Buyer shall notify Seller in writing of
517 objections to title within 15 days (15" if left blank) after delivery of the title commitment to Buyer or Buyer's attorney. In
518 such event, Seller shall have 15 days ("15" if left blank) from Buyer's delivery of the notice stating title objections, to
519 deliver notice to Buyer stating Seller's election to remove the objections by the time set for closing. If Seller is unable to
520 remove said objections, Buyer shall have five days from receipt of notice thereof, to deliver written notice waiving the
521 objections, and the time for closing shall be extended accordingly. If Buyer does not waive the objections, Buyer shall deliver
522 written notice of termination and this Offer shall be null and void. Providing title evidence acceptable for closing does not
523 extinguish Seller's obligations to give merchantable title to Buyer.
524 ■ SPECIAL ASSESSMENTS/OTHER EXPENSES: Special assessments, if any, levied or for work actually commenced
525 prior to the date stated on line 1 of this Offer shall be paid by Seller no later than closing. All other special assessments
526 shall be paid by Buyer. "Levied" means the local municipal governing body has adopted and published a final resolution
527 describing the planned improvements and the assessment of benefits.
528 CAUTION: Consider a special agreement if area assessments, property owners association assessments, special
529 charges for current services under Wis. Stat. § 66.0627 or other expenses are contemplated. "Other expenses" are
530 one-time charges or ongoing use fees for public improvements (other than those resulting in special assessments)
531 relating to curb, gutter, street, sidewalk, municipal water, sanitary and storm water and storm sewer (including all
532 sewer mains and hook-up/connection and interceptor charges), parks, street lighting and street trees, and impact
533 fees for other public facilities, as defined in Wis. Stat. § 66.0617(1)(f).
534 EgASU) PROP If or—l't" i`3 GUFFeRtly 'eased and lease(s) e)dend beyend G106ing, SelleF shall assign Seller's rig
535 . . .
536 (vu", en;(eraf)ISTRIKE ONEI'e-a-si, if -any, aFe
537
538 inseft additeenal terms, if any, at lines 650 664 or attach as an addendum per line 686.
539 IDEFINITIONS
540 ■ ACTUAL RECEIPT: "Actual Receipt" means that a Party, not the Party's recipient for delivery, if any, has the document
541 or written notice physically in the Party's possession, regardless of the method of delivery. If the document or written notice
542 is electronically delivered, Actual Receipt shall occur when the Party opens the electronic transmission.
543 ■ BUSINESS DAY: "Business Day" means a calendar day other than Saturday, Sunday, any legal public holiday under
544 Wisconsin or Federal law, and any other day designated by the President such that the postal service does not receive
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Property Address: part of Parcel No. MSKC2198157 , Muskego WI 53150 Page 10 of 12, WB-13
545 registered mail or make regular deliveries on that day.
546 ■ DEADLINES: "Deadlines" expressed as a number of "days" from an event, such as acceptance, are calculated by
547 excluding the day the event occurred and by counting subsequent calendar days. The Deadline expires at Midnight on the
548 last day. Additionally, Deadlines expressed as a specific number of Business Days are calculated in the same manner
549 except that only Business Days are counted while other days are excluded. Deadlines expressed as a specific number of
550 "hours" from the occurrence of an event, such as receipt of a notice, are calculated from the exact time of the event, and by
551 counting 24 hours per calendar day. Deadlines expressed as a specific day of the calendar year or as the day of a specific
552 event, such as closing, expire at Midnight of that day. "Midnight" is defined as 11:59 p.m. Central Time.
553 ■ DEFwould
554 signifilsantly impaiF the health OF safety effutuFe ee6upants of the PrepeFtyj or that if net Fepaired, removed OF Feplaeedwould
555 Sicrnifin ntly shorten adveFsely affeGt the exile Gted no al life f the
556 ■ FIRM: "Firm" means a licensed sole proprietor broker or a licensed broker business entity.
557 ■ PARTY: "Party" means the Buyer or the Seller; "Parties" refers to both the buyer and the Seller.
558 ■ PROPERTY: Unless otherwise stated, "Property" means the real estate described at lines 4-8.
559 INCLUSION OF OPTIONAL PROVISIONSI Terms of this Offer that are preceded by an OPEN BOX (0) are part of
560 this offer ONLY if the box is marked such as with an "X". They are not part of this offer if marked "N/A" or are left blank.
561 PROPERTY DIMENSIONS AND SURVEYS Buyer acknowledges that any land dimensions, or total acreage or square
562 footage figures, provided to Buyer by Seller or by a Firm or its agents, may be approximate because of rounding, formulas
563 used or other reasons, unless verified by survey or other means.
564 total CAUTION: ,squaFe footagelaMage figWes,
and land
565 dimensions, if mateFiar
566Buyer f
567
568
transact4on as defined by the Real Estate Settlement PFeGedures Alst (RESPA); (ii) FepeFt sales and finanGing E;-,,--
569 data to multiple listing seFviee sold databases; (iii) PFeVide alstive listing, pending sale, elesed sale and financing
570 information and data, and related infOFMation FegaFding selleF GentFibutiens, ineeRtives eF assistanoe, and thiFd paFty gifts,
571
572 Q#er to the selleF or seller's agent Gf anGtheF pFell that Seller intends OR PUFGhas'Rg.
573 MAINTENANCE
574 ef closing er BuyeF'S ee6upaney, in mateF,ally the same eendition it was in as of the date en line 1 of this Offer, exisept for
575 eFd'nary wear and teaF.
576
577 arnount net m than five peFG E;e, otheF than normal weaF and teaF, Seller shall promptly notify Buye
578 in wFiting, and will be obligat to restere PFepeFty to materially the sarne GE)nd't'E)R it was in as of the date OR line 1 e
579 this QffeF. SelleF shall provide BuyeF with GGPies ef all required permits and lien waivers fer the lienable FepaiFS RE) lateF than
580 Glesing. if the amount ef damage eXGeeds fiye PeFGeRt of the PUFGhase PFdG8, Seller shall premptly notify 96iyeF in writing of
581 the damage and this Offer may be teFfflinated at eptien of Buyer. Should BuyeF elect te saffy out this OffeF despite such
582 damage, BuyeF shall be entitled to the insuFanee pFeeeeds, if any, Felating te the damage te the PFGpeFty, plus a Gredit
583 towaFds the purehase prilse equal to the amount of Seller's deduistible E)R sueh PGIFGY, if any. HoweveF, if this sale is finanGed
584 by a land eentraet er a nneFtigage te SelleF, any insUFanee pFeeeeds shall be he'd in trust for the sele PUFPese of restering
585 they
586 IBLIMM12IQ
587 SelleF OF SelleF's agent, BuyeF shall have the Fight to walk thmugh the PFE)peFty to deteFMFne that theFe has been ne
588
589 that any Defeets SelleF has agFeed tO GUFe have been FepaiFed on the manneF agreed to by the Paqies�
590 JOCCUPANCY1 Occupancy of the entire Property shall be given to Buyer at time of closing unless ^then mse nr „id d n
591 this QffeF at lines 534 538 OF an an addendum attaGhed per line 686, OF lines 650 664 if the PFOpeFty is leased. At tome E)
592
593 tG GLIFFent tenants, E)F sold te BuyeF DF left with BuyeF'S Gonsent. 06eupaney shall be given subjelst to tenant's Fights, if any.
594 FQ_EFA__U_L_T_1ll Seller and Buyer each have the legal duty to use good faith and due diligence in completing the terms and
595 conditions of this Offer. A material failure to perform any obligation under this Offer is a default that may subject the defaulting
596 party to liability for damages or other legal remedies.
597 If Buyer defaults, Seller may:
598 (1) sue for specific performance and request the earnest money as partial payment of the purchase price; or
599 (2) terminate the Offer and have the option to: (a) request the earnest money as liquidated damages; or (b) sue for actual
600 damages.
601 If Seller defaults, Buyer may:
602 (1) sue for specific performance; or
603 (2) terminate the Offer and request the return of the earnest money, sue for actual damages, or both.
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604 In addition, the Parties may seek any other remedies available in law or equity. The Parties understand that the availability
605 of any judicial remedy will depend upon the circumstances of the situation and the discretion of the courts. If either Party
606 defaults, the Parties may renegotiate the Offer or seek nonjudicial dispute resolution instead of the remedies outlined above.
607 By agreeing to binding arbitration, the Parties may lose the right to litigate in a court of law those disputes covered by the
608 arbitration agreement.
609 NOTE: IF ACCEPTED, THIS OFFER CAN CREATE A LEGALLY ENFORCEABLE CONTRACT. BOTH PARTIES
610 SHOULD READ THIS DOCUMENT CAREFULLY. THE FIRM AND ITS AGENTS MAY PROVIDE A GENERAL
611 EXPLANATION OF THE PROVISIONS OF THE OFFER BUT ARE PROHIBITED BY LAW FROM GIVING ADVICE OR
612 OPINIONS CONCERNING YOUR LEGAL RIGHTS UNDER THIS OFFER OR HOW TITLE SHOULD BE TAKEN AT
613 CLOSING. AN ATTORNEY SHOULD BE CONSULTED IF LEGAL ADVICE IS NEEDED.
614 ENTIRE CONTRACT This Offer, including any amendments to it, contains the entire agreement of the Buyer and Seller
615 regarding the transaction. All prior negotiations and discussions have been merged into this Offer. This agreement binds
616 and inures to the benefit of the Parties to this Offer and their successors in interest.
617 INOTICE ABOUT SEX OFFENDER REGIS You may obtain information about the sex offender registry and persons
618 registered with the registry by contacting the Wisconsin Department of Corrections on the Internet at hftp://www.doc.wi.gov
619 or by telephone at (608) 240-5830.
620 Section 1445 of the Internal Revenue Code (IRC)
621 provides that a transferee (Buyer) of a United States real property interest must pay or withhold as a tax up to 15% of the
622 total "Amount Realized" in the sale if the transferor (Seller) is a "Foreign Person" and no exception from FIRPTA withholding
623 applies. A "Foreign Person" is a nonresident alien individual, foreign corporation, foreign partnership, foreign trust, or foreign
624 estate. The "Amount Realized" is the sum of the cash paid, the fair market value of other property transferred, and the
625 amount of any liability assumed by Buyer.
626 CAUTION: Under this law if Seller is a Foreign Person, and Buyer does not pay or withhold the tax amount, Buyer
627 may be held directly liable by the U.S. Internal Revenue Service for the unpaid tax and a tax lien may be placed
628 upon the Property.
629 Seller hereby represents that Seller is a non -Foreign Person, unless (1) Seller represents Seller is a Foreign Person in a
630 condition report incorporated in this Offer per lines 94-97, or (2) no later than 10 days after acceptance, Seller delivers
631 notice to Buyer that Seller is a Foreign Person, in which cases the provisions on lines 637-639 apply.
632 IF SELLER IS A NON -FOREIGN PERSON. Seller shall, no later than closing, execute and deliver to Buyer, or a qualified
633 substitute (attorney or title company as stated in IRC § 1445), a sworn certification under penalties of perjury of Seller's
634 non -foreign status in accordance with IRC § 1445. If Seller fails to timely deliver certification of Seller's non -foreign status,
635 Buyer shall: (1) withhold the amount required to be withheld pursuant to IRC § 1445; or, (2) declare Seller in default of this
636 Offer and proceed under lines 601-608.
637 IF SELLER IS A FOREIGN PERSON. If Seller has represented that Seller is a Foreign Person, Buyer shall withhold the
638 amount required to be withheld pursuant to IRC § 1445 at closing unless the Parties have amended this Offer regarding
639 amounts to be withheld, any withholding exemption to be applied, or other resolution of this provision.
640 COMPLIANCE WITH FIRPTA. Buyer and Seller shall complete, execute, and deliver, on or before closing, any instrument,
641 affidavit, or statement needed to comply with FIRPTA, including withholding forms. If withholding is required under IRC
642 §1445, and the net proceeds due Seller are not sufficient to satisfy the withholding required in this transaction, Seller shall
643 deliver to Buyer, at closing, the additional funds necessary to satisfy the applicable withholding requirement. Seller also
644 shall pay to Buyer an amount not to exceed $1,000 for actual costs associated with the filing and administration of forms,
645 affidavits, and certificates necessary for FIRPTA withholding and any withholding agent fees.
646 Any representations made by Seller with respect to FIRPTA shall survive the closing and delivery of the deed.
647 Firms, Agents, and Title Companies are not responsible for determining FIRPTA status or whether any FIRPTA exemption
648 applies. The Parties are advised to consult with their respective independent legal counsel and tax advisors regarding
649 FIRPTA.
650 [ADDITIONAL PROVISION /C NTI ING ENCIE Buyer hereby waives receipt of the Disclosure Report.
651 Buyer acknowledges that Buyer has had, and will have prior to the Closing Date, full and
652 adequate right and opportunity to inspect the Property. In closing and completing this
653 transaction, Buyer will have relied exclusively upon its own inspections and reviews and
654 not upon any representation or warranty of Seller, or its agents or employees. Buyer
655understands and agrees (i) that Seller has made no representation warranty or guaranty,
656express or implied, oral or written regarding (a) the condition or state of repair of any
657 improvements upon the Property (b) the use generation storage release disposal or
658 Presence of any pollutants contaminants or other dangerous or hazardous substances upon
659beneath or near the Property, (c) compliance of the Property with any applicable law,
660 regulation or ordinance, or (d) any other matter regarding the condition of the Property,
661 (ii) that Seller is not obligated to alter, repair or improve the Property in any manner,
662 and (iii) to accept the Property in its "AS-IS/WHERE-IS" condition with all present and
663future faults or defects, and without any representation or warranty of Seller, other than
664 matters of title.
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665 (DELIVERY OF DOCUMENTS AND WRITTEN NOTICES( Unless otherwise stated in this Offer, delivery of documents and
666 written notices to a Party shall be effective only when accomplished by one of the authorized methods specified at lines
667 668-683.
668 (1) Personal: giving the document or written notice personally to the Party, or the Party's recipient for delivery if named at
669 line 670 or 671.
67o Name of Seller's recipient for delivery, if any:
671 Name of Buyer's recipient for delivery, if any: Jason Stark
672 0 (2) Fax: fax transmission of the document or written notice to the following number:
673 Seller: ( ) Buyer: ( )
674 = (3) Commercial: depositing the document or written notice, fees prepaid or charged to an account, with a commercial
675 delivery service, addressed either to the Party, or to the Party's recipient for delivery, for delivery to the Party's address at
676 line 679 or 680.
677 0 (4) U.S. Mail: depositing the document or written notice, postage prepaid, in the U.S. Mail, addressed either to the
678 Party, or to the Party's recipient for delivery, for delivery to the Party's address.
679 Address for Seller:
68o Address for Buyer: S71WI6459 GLEN COVE CT, MUSKEGO, WI 53150
681 0 (5) Email: electronically transmitting the document or written notice to the email address.
682 Email Address for Seller:
683 Email Address for Buyer:]stark@starkyager.com with a copy to �abruzzo@lhlawfirm.com
684 PERSONAL DELIVERY/ACTUAL RECEIPTI Personal delivery to, or Actual Receipt by, any named Buyer or Seller
685 constitutes personal delivery to, or Actual Receipt by, all Buyers or Sellers.
686 0 ADDENDA: The attached
See Exhibit A
is/are made part of this Offer.
687 This Offer was drafted by [Licensee and Firm] Lichtsinn & Haensel , s . c .
688 _A -,# J, =\
689 (X)
690 BU er's
ure A Print Name Here ► Jason Stark
691 (X)
692 Buyer's Signature ♦ Print Name Here ►
5.12, i
Date
Date
693 SELLER ACCEPTS THIS OFFER. THE WARRANTIES, REPRESENTATIONS AND COVENANTS MADE IN THIS
694 OFFER SURVIVE CLOSING AND THE CONVEYANCE OF THE PROPERTY. SELLER AGREES TO CONVEY THE
695 PROPERTY ON THE TERMS AND CONDITIONS AS SET FORTH HEREIN AND ACKNOWLEDGES RECEIPT OF A
696 COPY OF THIS OFFER.
697 (X)
698 Seller's Signature ♦ Print Name Here ► Date
699 (X)
700 Seller's Signature ♦ Print Name Here ► Date
701 This Offer was presented to Seller by [Licensee and Firm]
702
on
at a.m./p.m.
703 This Offer is rejected This Offer is countered [See attached counter]
704 Seller Initials ♦ Date
Produced with zipFormu by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www.zioLooix.com
Seller Initials ♦ Date
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