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<br />- <br /> <br />Commercial Unimproved Contract Concerning <br /> <br />C. If the Property adJoins or shares a -common boundary wilh the tidally influenced submerged lands of the state, 933.135 of the <br />Texas Natural Resources Code requires a notice regarding coastal area property to be Included as part of this contract. <br /> <br />D. If the Property Is located seaward 01 the Gulf Intracoastal Walerway, 961.025. Texas Natural Resources Code, requires a <br />nollce regarding the seaward 10caUon 01 the Property to be included as part 01 this contract. <br /> <br />E. lithe Property is located outside the limits 01 a municipalily, the Property may now or later be included in the extra-territorial <br />jurlsdlcllon (ETJ) of a munlclpallly and may now or later be subject to annexallon by the municipality. Each munlclpallly <br />maintains a map that depicts its boundaries and ET J. To determine lIthe Property Is located within a municipality's ET J. Buyer <br />should contact all municipalities locate~ In the general proximity 01 the Property for further Information. <br /> <br />F. Brokers are not qualified to perform property inspections. surveys, engineering studies. environmental assessments, or <br />Inspections to determine compliance with zoning. governmental regulations, or laws. Buyer should seek experts to perform <br />such services. Selection of inspectors and repairmen is the responsibility of Buyer and not the brokers. <br /> <br />26. CONTRACT AS OFFER: The execution of this contract by the first party constitutes an oller to buy or sell the Properly. Unless <br />the other party accepts by 5:00 p.m., in Ihe lime zone in which the Property is located, on <br />the offer will lapse and become null and void. <br /> <br />This is a tegally binding contract. READ IT CAREFULLY. The brokers and agents make no representation or recommendation <br />as to the legal sufficiency, legal effect, or tax consequences of this document or transaction. CONSULT your attorney <br />BEFORE signing. <br /> <br /> <br />Seller's <br />Allorney <br /> <br />Buyer <br /> <br />~ J~~ <br />d lIer <br /> <br />,,/ ~~ <br />('seller <br /> <br />AGREEMENT BETWEEN BRQj(ERS <br /> <br />Listing Broker agrees to pay (Other Broker) <br />a fee of $ or _ % of the sales price when the Listing Broker's lee is received. Escrow agent is <br />authorized and directed to pay Other Broker from Listing Broker's fee at closing. This Agreement Between Brokers supersedes any <br />prior offers and agreements for compensation between brokers. <br /> <br />Other Broker <br /> <br />License No. <br /> <br />Listing Broker <br /> <br />LIcense No. <br /> <br />By: <br /> <br />By: <br /> <br />Other Broker's Address <br /> <br />Listing Broker's Address <br /> <br />Phone <br /> <br />Fax <br /> <br />Phone <br /> <br />Fax <br /> <br />ESCROW RECEIPT <br /> <br />Escrow agent acknowledges receipt 01: <br /> <br />o A. the contract on this day <br />o B. earnest money in the amount of $ <br /> <br />in the form of <br /> <br />(effective date); <br />on this day <br /> <br />Address: <br /> <br />Escrow Agent <br /> <br />By: <br /> <br />Fax <br /> <br />Phone <br /> <br />-.. - ........... "-.... ,..",~~ Au....:.... TY 7A7J:;.R_~~AR <br /> <br />Page 9 <br />