TAILIEUCHUNG - Gale Encyclopedia Of American Law 3Rd Edition Volume 4 P25

Gale Encyclopedia of American Law Volume 4 P25 fully illuminates today's leading cases, major statutes, legal terms and concepts, notable persons involved with the law, important documents and more. Legal issues are fully discussed in easy-to-understand language, including such high-profile topics as the Americans with Disabilities Act, capital punishment, domestic violence, gay and lesbian rights, physician-assisted suicide and thousands more. | ESCROW 229 Escrow Agreement PURCHASE AND SALE AGREEMENT AND ESCROW INSTRUCTIONS This Purchase and Sale Agreement and Escrow Instructions Agreement is made and entered into by and between Southern California Edison Buyer and the City of Redlands Seller this 7th day of April 2009 Effective Date . Buyer and Seller are sometimes individually referred to herein as a Party and together as the Parties. In consideration of the mutual promises contained herein the Parties agree as follows AGREEMENT ARTICLE I PURCHASE AND SALE Section Purchase and Sale. Seller is the owner of certain real property located in the City of Redlands and more particularly described in Exhibit A attached hereto and incorporated herein by this reference the Property . On all of the terms covenants and conditions contained in this Agreement Seller agrees to sell the Property to Buyer and Buyer agrees to buy the Property from Seller. Section Purchase Price. The purchase price for the Property Purchase Price is Sixteen Thousand Dollars 16 000 . Section Payment of the Purchase Price. Buyer shall pay the Purchase Price to Seller in cash upon Close of Escrow as defined herein. ARTICLE II ESCROW Section Escrow Escrow Holder and Opening of Escrow. Within ten 10 business days of the Effective Date of this Agreement Seller shall open an escrow to facilitate the transaction contemplated by this Agreement Escrow with First American Title Company Escrow Holder at the address specified in Section . Delivery by Seller to Escrow of a fully executed original or counterpart original of this Agreement shall constitute the opening of Escrow Opening of Escrow . This Agreement shall constitute escrow instructions Escrow Instructions to Escrow Holder. The Parties shall execute such additional Escrow Instructions consistent with the provisions of this Agreement that are mutually acceptable to the Parties or that may be required by Escrow Holder. Escrow Holder s general provisions Standard Escrow .

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