Lake Patman
This tract has recently been planted and has excellent survival. Access is across the U.S. Army Corp of Engineers land to the north. The Corp has granted temporary access for forestry operations. Hunters will like the seclusion behind the Corp lands. The property has produced quality timber for many years. Bring your ATV or side by side and come explore.
1. Offers submitted will remain valid for five (5) business days. Upon acceptance of an offer, a formal Contract of Sale will b e
executed with earnest money in the amount of five percent (5%) of purchase price. A sample Real Estate Sales Contract may be
provided upon request. Buyer will have 45 days due diligence to verify marketable and insurable title. Closing is expected to
occur within 15 days after expiration of due diligence period.
2. If Buyer surveys the property, the purchase price will be adjusted on a per acre rate fr...
2. If Buyer surveys the property, the purchase price will be adjusted on a per acre rate from the Land Sale Offer Form to match the
surveyed acreage. Advertised acreage is believed to be correct, but is not guaranteed. Seller will not provide a survey. The
attached maps are thought to be accurate but should not be considered a survey plat.
3. Conveyance will be by Special Warranty Deed subject to all previous mineral conveyances, reservations, and exceptions, to any
valid rights-of-way, easements, leaseholds, and to any protective covenants or restrictions which may have been recorded and
affect the property. No environmental inspection or representation has been or will be made by seller. Seller makes no representation
regarding mineral rights, but will quit claim all mineral rights if any are owned.
4. Seller is responsible for sellers attorney cost, pro-rated property tax, and real estate commission to Kingwood.
5. Buyer is responsible for title insurance premiums, deed preparation, closing costs, and a survey if needed. A title company
selected by Seller will conduct the closing unless the Buyer requests otherwise. Should Buyer be required by a lender to purchase
a lenders title insurance policy, the Buyer will pay any fees for such policy.
6. All offers will be presented to the Seller for consideration. The Seller reserves the right to accept or reject any offer.
7. It is understood that the property is being sold As is, where is, and with all faults condition. Seller makes no representations or
warranties of any kind with respect to the condition or value of the Property or its fitness, suitability or acceptability for any
particular use or purpose.
8. Property inspections shall be done in daylight hours. Seller and Kingwood Forestry Services, Inc. in no way make any representations
or warranties regarding the conditions of the property, including any and all access routes, and all persons entering upon
the property do so at their own risk and accept said property as-is in its existing condition during such inspections. All persons
entering upon the property assume all risks and liabilities and agree to indemnify, defend, and hold harmless Seller, its
affiliates, officers, directors, managers, agents, representatives and employees from and against any and all claims, demands,
causes of action, injuries (including death) and damages resulting from any accident, incident, or occurrence arising out of,
incidental to or in any way resulting from his or her inspection of the property or his or her exposure to the conditions of the
property.
9. Hunting equipment (such as deer stands, feeders, trail cameras, etc.) and any other man-made items found on the property do
not convey unless stated otherwise.
