SELLER COUNTER OFFER No. 1
CALIFONIA
ASSOCIATION May not be used as a multiple counter offer.
OF REALTORS® (C.A.R. Form SCO, Revised 12/21)
Date - 08/15/2022
: • Buyer Counter Offer No. -DOther (Offer"),
This is a counter offer to the Purchase Agreement, OR ("Property"), 16766 Arrow Bivd, Fontana, CA 92335-3802
dated_08/08/2022, on property known as ("Buyer")
City of Fontana ("Seller").
SW Events LLC
and
Buyer and Seller are referred to as the "Parties."
1. TERMS: The terms and conditions of the above referenced document are accepted subject to the following: A. The Liquidated Damages and Arbitration of Disputes paragraphs in the Offer each require initials by all Parties. If either of those paragraphs is not initialed by all Parties, that paragraph is excluded from the final agreement unless B. Unless otherwise agreed in writing, down payment and loan amounts) will be adjusted in the same proportion as in specifically referenced for inclusion in paragraph 1C of this or another Counter Offer or an addendum. the original Offer, but initial and increased deposit amounts) shall remain unchanged from the original Offer.
C. OTHER TERMS:
Seller shall retain possession until January 31, 2024. The seller shall have the right to remove electrical fixtures, sinks and other attached items. Close of escrow shall be within 21 days of Council approval.
Note: Commission to Sierra Realty Fontana Inc shall be paid by the buyer through separate agreement.
D. The following attached documents are incorporated into this Seller Counter Offer when Signed and Delivered by both Parties (if both parties do not Sign and Deliver all attached addenda, then any acceptance of this Seller Counter Offer is not valid):
Addendum No. (C.A.R. Form ADM)
Back Up Offer Addendum (C.A.R. Form BUO)
Seller License to Remain in Possession Addendum (C.A.R. Form SIP) (occupancy up to 29 days) Seller Purchase of Replacement Property (C.A.R. Form SPRP) Tenant Occupied Property Addendum (C.A.R. Form TOPA)
Residential Lease After Sale (C.A.R. Form RLAS) (occupancy for 30 or more days) Seller Intent to Exchange Addendum (C.A.R. Form SXA)
• Other
2. EXPIRATION: This Seller Counter Offer shall be deemed revoked and the deposits, if any, shall be returned:
A. Unless by 5:00 PM on the third Day after the date this Seller Counter Offer is signed in paragraph 4 (if more than one signature . (date)) (i) it is signed in paragraph 5 by Buyer and then, the last signature date)(or by •AM/ OPM on
(ii) a copy of the Signed Seller Counter Offer is Delivered to Seller or Seller's Authorized Agent.
B. OR If Seller withdraws this Seller Counter Offer anytime prior to Buyer's Acceptance by communicating withdrawal to Buyer or Buyer's Agent (C.A.R. Form WOO may be used).
MARKETING TO OTHER BUYERS: Seller has the right to continue to offer the Property for sale. Seller has the right to C. OR If Seller accepts another offer prior to Buyer's Acceptance of this Seller Counter Offer.
3. accept any other offer received, prior to Acceptance of this Counter Offer by Buyer as specified in 2A and 5. In such event, Seller is advised to withdraw this Seller Counter Offer before accepting another offer.
4. OFFER: SELLER MAKES THIS COUNTER OFFER ON THE TERMS ABOVE AND ACKNOWLEDGES RECEIPT OF A COPY. BY MAKING THIS COUNTER OFFER, ANY PREVIOUS OFFER OR COUNTER OFFER CAN NO LONGER BE ACCEPTED.
SW Events LLC Date 8/17/22
ACCEPTANCE: I/WE accept the above Seller Counter Offer (If checked • SUBJECT TO THE ATTACHED BUYER COUNTER
5. OFFER and acknowledge receit, eff gopy. City of Fontana Date _8.17.22 Buyer Date
Buyer
members of the NATIONAL ASSOCIATION OF REALTORS® who subscribe to its Code of Ethics.
Published and Distributed by:
REAL ESTATE BUSINESS SERVICES, LLC
a subsidiary of the CALIFORNIA ASSOCIATION OF REALTORS® 525 South Virgil Avenue, Los Angeles, California 90020
SCO Revised 12/21 (PAGE 1 OF 1)
SELLER COUNTER OFFER (SCO PAGE 1 OF 1)
Fax: 909.822.0324 16766 Arrow Bld
Phone: 909.822.1200
Sierra Realty, 9410 Sierra Ave. Fontana CA 92335 www.wolf.com Produced with Lone Wolf Transactions (zipForm Edition) 717 N Harwood Sl, Suite 2200, Dallas, TX 75201 Ken Galasso