CDA Properties for sale or lease

CDA Properties for sale or lease

Terms & Conditions A. Fee Simple purchase and Auctions: 1. The purchase price shall not be less than the listed Minimum Bid price. 2. A non-refundable deposit of ten percent (10%) of the purchase price must be paid upon award by cash, cashier s check or credit card (Visa or MasterCard), with the remaining balance due within ten (10) business days of the award. 3. Failure to make timely payment of the remaining balance will result in forfeiture by the buyer of the ten percent (10%) deposit, and any and all of the buyer s rights, title and interest in the property will automatically revert back to CDA. 4. A quitclaim deed will be given upon full payment of the purchase price.

Terms & Conditions B. Leasehold or Ground Lease with Option to Purchase (GLOP): 1. The Lease Price shall not be less than the listed Minimum Bid price. 2. A non-refundable up-front payment of five percent (5%) of the Lease Price must paid upon award by cash, cashier s check or credit card (Visa or MasterCard). 3. The balance of the Lease Price shall accrue interest at five percent (5%) per annum. 4. Monthly payments of the Lease will be considered rental payments only and not installments toward purchase and shall not grant the lessee any equity or ownership interest in the property or be construed in any way to encumber CDA s rights, title and interest in the property beyond the granting of a lease for a specific term of years. 5. Maximum acceptable Lease term shall be fifteen (15) years or 180 months.

Terms & Conditions 6. A lease agreement will be given and shall include: a. No alterations or improvements without the prior written consent of CDA. b. Lessee to insure property and improvements during the Lease term. c. Lessee responsible for all utilities and other charges associated with the property. d. Lease not to be assigned or mortgaged without prior written consent of CDA. e. Failure to make a monthly payment grounds for termination and eviction. f. Lease may, at the request of lessee, contain an Option to Purchase provision exercisable upon: (i) payment in full of the Lease Price; (ii) the Lease not having been declared to be in default; and (iii) payment of $100.00 option consideration. If the option is properly exercised, a quitclaim deed will be given. 7. Failure on the part of Lessee to close or execute a lease agreement within ten (10) business days of the award will result in forfeiture by the Lessee of the five percent (5%) up-front payment, and any and all of the Lessee s rights, title and interest in the property will automatically revert back to CDA.

Terms & Conditions Fee Simple (A) & Leasehold (B) 1. Interested bidders and buyers are cautioned to inspect the title and property. The interests of CDA in the property are being sold AS IS and without warranty. Failure to inspect the real property or improvements or any related documents will not constitute a ground for any claim, adjustment or rescission by any buyer or lessee. 2. CDA reserves the following rights: a. To withdraw any or all of the listed properties before sale or lease or before a bid for such property is accepted, without incurring any liability whatsoever thereby; and b. To reject any and all bids or proposals. Interested persons may contact us at 234-6245 ext. 306 or 310 for more information or to inspect properties, appraisals and or photos.

LOT NO. LOCATION SIZE (sqm) DESCRIPTION Asking Price Rota and Tinian Properties ROTA PROPERTIES 1 230 R 01 Tatgua 9,384.5 Vacant 75,000 2 167 R 03 Isang 30,000 Vacant 60,000 TINIAN PROPERTIES 3 251 T 53 Marpo Valley 5,522 Vacant 40,000 4 031 T 19 Tachungya 1,085 Vacant 22,000 5 031 T 20 Tachungya 1,080 Vacant 22,000 6 031 T 21 Tachungya 1,080 Vacant 22,000 7 031 T 22 Tachungya 1,089 Vacant 22,000 8 031 T 23 Tachungya 1,089 Vacant 22,000 9 268 T 05 Marpo 32,707 Vacant 150,000 10 118 T 11 Marpo 962 Vacant 15,000

Tatgua, Rota Unimproved Property: Lot 230 R 01 Land Area: 9,384.5 square meters Physical Characteristics: Vacant, rectangular shape, gently sloping terrain, ocean view No. 1 on the properties list

ISANG, ROTA Unimproved Property: Lot 167 R 03 Land Area: 30,000 square meter Access: site access is proposed and is not developed Physical Characteristics: Vacant land with trapezoidal shape and relatively flat terrain.

MARPO VALLEY, TINIAN Unimproved Lot 251 T 52 & 53 Property: Lot 251 T 53 Land Area: 5,522 square meters Physical Characteristics: Vacant, irregular shape, level terrain, no view No. 3 on the properties list

TACHUNGYA, TINIAN 5 Lots Unimproved slide 1 of 2 Lot No. Land Area 031 T 19 1,085 square meters 031 T 20 1,080 square meters 031 T 21 1,085 square meters 031 T 22 1,089 square meters 031 T 23 1,089 square meters Nos. 4-8 on the properties list

TACHUNGYA, TINIAN 5 lots Unimproved slide 2 of 2 Properties: Lot 031 T 19, 031 T 20, 031 T 21, 031 T 22 and 031 T 23 Access: Coral road. Presently, the designated right of way for Lots 031 T 22 and 031 T 23 is yet to be developed. Physical Characteristics: Vacant, rectangular shape, fairly level terrain, no view Nos. 4-8 on the properties list

TACHUNGYA, TINIAN No. 5 on the property list No. 6 on the property list Property: Lot 031 T20 Area: 1,058 sq. meters Property: Lot 031 T21 Area: 1,080 sq. meters

TACHUNGYA, TINIAN Property: Lot 031 T22 Area: 1,089 sq. meters Property: Lot 031 T23 Area: 1,089 sq. meters No. 7 on the property list No. 8 on the property list

MARPO, TINIAN Unimproved Property: Lot 268 T 05 Land Area: 32,707 square meters No.9 on the properties list

MARPO, TINIAN Property: Lot 268 T05 Area: 32, 707 sq. meters No. 9 on the property list

MARPO, TINIAN 3 lots Unimproved Highest and Best Use: Residential Lot No. Land Area Physical characteristics: Rectangle and flat 118 T 11 962 square meters No. 10 on the properties list

MARPO, TINIAN As seen from the road Lot No. 10 on the property list