Arizona RV Park Purchase and Sale Agreement

Buy or sell an interest in an RV park in Arizona with this comprehensive RV Park Purchase and Sale Agreement.

• The property being sold includes the land on which the park is located, and improvements thereto, all personal property belonging to the business, leases and other intangibles, the business name, licenses and permits, and all documentation connected with the development and operation of the RV park.
• The buyer will have a specified time period during which to inspect the site and perform its due diligence. The sale is conditional upon a satisfactory due diligence, and the buyer will have the right to terminate the agreement during this period upon written notice to the seller.
• From the date the Agreement is executed until the closing of the sale, the seller will continue to operate the business in a prudent and businesslike manner, and will not enter into any contractual commitments without the buyer's consent.
• The seller agrees to provide the buyer with a title insurance policy and a recent survey of the park site.
• The parties will each be responsible for their own closing costs.
• All taxes, rents, income, costs and assessments for the year will be prorated as of the closing date.
• The parties mutually indemnify each other against claims and liabilities.
• Earnest money deposits will be held by the escrow agent until closing, with interest accruing to the buyer.

This Arizona RV Park Purchase and Sale Agreement is provided in MS Word format, and can be easily edited to fit your specific circumstances.