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OCCUPANCY
AGREEMENT
Date:
Supplement
to Purchase and Sale Agreement dated:
_____________,19__
I/We,
__________________, being the Buyer(s) of the
property located at
________________________ do hereby allow the
Seller(s),__________________________ to occupy the
premises from
the day of passing
through __________,19__.
In return
for said occupancy the Seller(s) agree to the
following
considerations:
1. For
the period of time I/we occupy the
premises, I/we
will pay the above
named Buyer(s) an occupancy charge of
$________ per day
beginning the day after the passing and ending
___________,19__.
(This charge
based on Buyer's PIT payment on a
per diem basis.)
2. Such
occupancy charge will be adjusted and
paid on
the day of passing.
3. Electric
and fuel will be the responsibility
of the
Seller(s) through
___________,19__.
4. If
Seller(s) occupy after_________,19__ they
will
pay a charge of
$________ per day as liquidated damages in
addition to the
occupancy charge, unless given permission by the
Buyer(s), in
writing, to continue to occupy.
5. Seller(s)
agree to leave the premises in the
same
condition as when
papers were passed, reasonable wear and tear
thereof expected.
6. I/we,
the Seller(s), hold the Buyers
harmless and
blameless for any
loss to our personal belongings regardless of
cause.
7. Passing
of papers does not constitute fulfillment
of
this Agreement, and
this agreement shall survive the passing of
papers.
8. It
is understood that there is no tenancy
created
between the Buyers
and Sellers, but we, the Sellers, are
occupying the said
premises on the sufferance of the Buyers.
9. $__________
Dollar deposit will be held by
the
Buyer's attorney to
insure the Sellers conformance with this
Agreement. Deposit
to be paid at the closing and returned
when
Seller vacates in
accordance with the terms herein.
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