Medical Office Building Purchase Agreements

PA12109 Pro-Buyer Purchase Agreement For Large Medical Office Park

This Purchase Agreement is for a large medical office park consisting of several buildings occupied by doctors and medical professionals. It is drafted with the interests of the buyer in mind.

The purchase price is to be paid in all cash following the completion of due diligence by the buyer. The seller is required to furnish a laundry list of due diligence materials to the buyer as itemized in the agreement. The agreement also contains assignment and assumption forms for tenant leases, service contracts and permits for the property which are included as exhibits.

Number of Single Spaced Pages: 33

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PA12401 All Cash Purchase Agreement For Investor Purchasing Hospital Plus Adjacent Medical Office Building

This Purchase Agreement is for a hospital and adjacent medical office building being acquired by an investor. The seller is required to furnish a laundry list of due diligence materials to the buyer as itemized in the agreement. The agreement also contains a bill of sale and assignment for personal property in the facility conveyed with the real estate, a certificate of non foreign status (FIRPTA Affidavit) and a list of all service contracts for the property included as exhibits.

The purchase price is to be paid in all cash at closing following the completion of due diligence by the buyer.  The purchaser plans to lease the hospital and medical office building back to the same tenants that now occupy those facilities, but with new leases.

Number of Single Spaced Pages: 30

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PA12137 Medical Office Building Sale Leaseback Purchase Agreement Including The Lease Back To Seller

This form is a real estate purchase agreement for an acquisition of a medical office building. A portion of the purchase price is paid in cash at the closing, with the balance paid by the buyer over time pursuant to a promissory note.

The purchase agreement contains customary representations from both the seller and the buyer, as well as mutual indemnifications.

The purchaser has a period of twenty days in which to conduct due diligence on the property, and the seller must deliver engineering reports, title information, underlying leases and related documentation to the buyer within ten days from the signing of the purchase agreement.

The property will be leased back to the seller following the closing, and this lease is included as an exhibit with this product. Also included is a form of lease guaranty for the corporate parent of the seller tenant, and the promissory note covering a portion of the purchase price.

Number of Single Spaced Pages: 45

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