HORAN, ANTHONY & REBECCA-2008 - Laserfiche WebLink

Home Browse Search

.. INSURANCE NOT REQUIRED WORK MAY PHOCEED DATT=' CLERK OF COUNCIL THE CITY OF SANTA ANA, CALIFORNIA -, FEB 1 4 200B t o:?WA/G\niy ~mez. AGREE NT FOR THE SALE OF (.I) REAL PROPERTY T ANTHONY AND REBECCA HORAN THIS AGREEMENT, enterect mto this '1''' day of Januo/v ,2008, by and between Anthony and Rebecca Horan, husband and wife (hereinafter called {'Buyer"), and THE CITY OF SANTA ANA, a charter city and municipal corporation duly organized under the Constitution and laws of the State of California (hereinafter referred to as the "City"), regardless of number or gender; A-2008-017 WITNESSETH For and in consideration of their promises, covenants and agreements hereinafter set forth, and subject to the terms, conditions and provisions hereinafter set forth, City agrees to sell to Buyer, and Buyer agrees to purchase from City, all that certain real property (hereinafter referred to as "the Real Property") described as follows: All that certain real property located in the State of California, County of Orange, City of Santa Ana, described as follows: SEE EXHIBITS "A" AND "B" ATTACHED HERETO AND BY THIS REFERENCE MADE APART HEREOF Said sale and purchase of said real property shall be in accordance with and subject to all of the following terms, conditions, promises, covenants, agreements and provisions, to wit: 1. Conveyance by City. City agrees to convey said real property to Buyer, by Quit Claim Deed, within thirty (30) days from and after the date on which the Buyer has approved this Agreement and Buyer has paid the City the purchase price set forth in section 4 of this Agreement. Buyer further warrants, acknowledges and agrees that (a) it will acquire the Real Property in its then current "as-is" condition, with all faults; and (b) City is not making any warranties or representations of any kind regarding the Real Property. The foregoing sentence will survive the delivery and recording ofthe Grant Deed by City to Buyer. 2. Title to be Conveyed. The City's interest to the Real Property will be conveyed to Buyer by City by Quit Claim Deed in substantially the form set forth in Exhibit "C" to this Agreement. Buyer and City each agree that City makes no express or implied warranties regarding the condition of title to the Real Property. 3. Property Taxes. Such real property taxes, if any, on said real property for the fiscal year within which said real property is conveyed to Buyer as are unpaid at the time of said conveyance shall be cleared and paid in accordance with the provisions of Section 4986 of the Revenue and Taxation Code of the State of California. All unpaid taxes on said real property for any and all years prior to the fiscal year within which said conveyance is made shall be paid by City before conveyance of said real property to Buyer. 1