The property will be sold under the following non-negotiable conditions: • The purchase price offered shall be paid in cash at closing; • There will be no financing or other contingency; • Title will be conveyed by quitclaim deed in statutory form; • The condition of the property will be conveyed +expressly “as-is” and on an “all faults” basis, including environmental matters, if any, and Buyer will expressly assume and release the Town of Montville from any such liability; • The legal description will be based upon a Class A-2 survey with no warranty as to accuracy; • A 10% deposit at risk of forfeiture must be delivered with the proposal by bank check; • Closing must occur within thirty (30) days of the acceptance of the proposal by the Town; • The property will be sold subject to zoning, wetlands and building laws, and subject to taxes on the October 1, 2024 Grand List; • The sale will be subject to the Town completing all its administrative and legislative approvals, if any.
