REAL ESTATE PURCHASE AND SALE AGREEMENT
THIS REAL ESTATE PURCHASE AND SALE AGREEMENT (this “Agreement’”) is made
and entered into on this day of , 2020, by and between Rachel M.
Tebbetts and James L. Tebbetts, having a mailing address of 37 Indian Rock Road, Nashua,
New Hampshire 03063, Joyce St. Pierre and Richard L. St. Pierre having a mailing address of
2559 E. Elmwood Street, Mesa, Arizona 85213 and Cynthia Landry widow of Roger G.
Landry
having a mailing address of 38 Buckmeadow Road, Nashua,
New Hampshire 03062 (collectively hereinafter referred to as “Seller’) and The City of
Nashua, a municipal corporation, having an address of 229 Main Street, Nashua, New
Hampshire 03060, (hereinafter referred to as the “Buyer’).
1. PURCHASE AND SALE. Seller agrees to sell and convey, and Buyer agrees to buy, on
the terms and conditions hereinafter set forth, a parcel of land with the buildings and
improvements thereon, located in Nashua, Hillsborough County, New Hampshire, known as or
described as Lot C-762 of the City of Nashua Tax Maps, having an address of 36 Buckmeadow
Road, Nashua, New Hampshire, being the property described in a deed recorded in the
Hillsborough County Registry of Deeds, Book 6283, Page 737 (the “Premises’’).
2. PURCHASE PRICE. Subject to any adjustments and prorations hereinafter described,
Buyer agrees to pay for the Premises the sum of Three Hundred Seventy Thousand and 00/100
Dollars ($370,000.00) (the “Purchase Price”). The Purchase Price shall be payable as
immediately available wired funds at time of closing.
3. TITLE. Seller shall convey the Premises to the Buyer at the Closing in fee simple with
good, insurable, and marketable title by Warranty Deed, free and clear of all liens and
encumbrances. Buyer may, at its sole cost and expense, cause the title to the Premises to be
examined prior to closing. If upon examination of the title, Buyer or its representative finds that
the title to the Premises is not in accordance with the first sentence of this paragraph, then Buyer
may terminate this agreement upon written notice to Seller, and Buyer’s deposit, if any, shall be
refunded.
4. CLOSING. The closing shall occur on , 2020, or at such other place as
the parties may mutually agree.
5. INSPECTION AND DUE DILIGENCE PERIOD. Intentionally omitted.
6. POSSESSION OF THE PREMISES. The Premises shall be delivered to the Buyer at the
time of the closing free of all tenants, personal property, and encumbrances.
7. FINANCING. This Agreement is not contingent upon the Buyer obtaining financing.
8. REPRESENTATIONS AND WARRANTIES OF SELLER. Seller represents and
warrants to Buyer that the following are true as of the date of this Agreement and will be true as
of the Closing:
