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Home Court filings Eric Shibley PPP and EIDL fraud case — U.S. District Court, W.D. Wash. Exhibit 1, Residential Real Estate Purchase and Sale Agreement — United States v. Shibley (Document 50-1)

Court filing

Exhibit 1, Residential Real Estate Purchase and Sale Agreement — United States v. Shibley (Document 50-1)

Summary

Exhibit 1 to Document 50-1, filed November 17, 2020 in Case 2:20-cr-00174-JCC, is a Form 21 Residential Real Estate Purchase and Sale Agreement of the Northwest Multiple Listing Service. Dated July 21, 2020, with an offer expiration date of 7/23/2020, it names Eric Ryan Shibley and/or assigns as buyer. The specific terms state a purchase price of $425,000.00 and earnest money of $10,000.00, with the property’s legal description attached as Exhibit A. The exhibit is three pages and carries buyer and seller initial lines.

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Record facts

CourtU.S. District Court for the Western District of Washington
Filed2020-11-17

Cite this document

“Exhibit 1, Residential Real Estate Purchase and Sale Agreement — United States v. Shibley (Document 50-1).” U.S. District Court for the Western District of Washington, No. 2:20-cr-00174-JCC, Doc. 50-1, filed 2020-11-17. Archived at Pandemic Darlings, https://pandemicdarlings.com/court-filings/full-docket-shibley-wawd-290911/2020-11-17-motion-doc-50-1/, SHA-256 5454d5f2cc56216b5db3fa7f1f0e0bf4e4cc81f8209f217999051ef425fe5455.

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Full text

EXHIBIT 1 
Case 2:20-cr-00174-JCC     Document 50-1     Filed 11/17/20     Page 1 of 3

Authentisign I D: 95AAD4F1-AD7F-45CD-AOC2-29C02C1C1FC2 
Form 21 
Residential Purchase & Sale Agreement 
Rev. 7/19 
Page 1 of 5 
@Copyright 2019 
Northwest Multiple Listing Service 
ALL RIGHTS RESERVED 
RESIDENTIAL REAL ESTATE PURCHASE AND SALE AGREEMENT 
SPECIFIC TERMS 
1. 
Date: July 21, 2020 
MLS No.: 1622524 
Offer Expiration Date: 7/23/2020 
2. 
Buyer: Eric Ryan Shibley and/or assigns 
Buyer 
Buyer 
Status 
3. 
Seller: L
H
Seller 
Seller 
4. 
Property: Legal Description attached as Exhibit A. Tax Parcel No(s).: 2433200127 
., 
9103 
Seattle 
King 
WA 
98108 
Address 
City 
County 
State 
Zip 
5. 
Included Items: ~stove/range; t~ refrigerator; t~washer; ~dryer; ~dishwasher; [] hot tub; ~ fireplace insert; 
[] wood stov [] satellite dish; [] security system; [] attached television(s); [] attached speaker(s); I~lmicrowave; 
[] generator; et~other     keys garage openers 
6. 
Purchase Price: $ 425,000.00 
Four Hundred Twenty-Five Thousand 
Dollars 
7. 
Earnest Money: $10,000.00 
[~l’Check; [] Note; [] Other 
(held by [] Selling Firm; [~’Closing Agent) 
8. 
Default: (check only one) [~’Forfeiture of Earnest Money; [] Seller’s Election of Remedies 
9. 
Title Insurance Company: Fidelit~ Title & Escrow 
10. Closing Agent: Fidelit~ Title & Escrow 
Company 
Individual (optional) 
11. Closing Date: 8/5/2020                Possession Date: [~l’on Closing; [] Other 
12. Services of Closing Agent for Payment of Utilities: 5~’Requested (attach NWMLS Form 22K); [] Waived 
13. Charges/Assessments Levied Before but Due After Closing: [] assumed by Buyer; [~ prepaid in full by Seller at Closing 
14. Seller Citizenship (FIRPTA): Seller [] is; [~1’ is not a foreign person for purposes of U.S. income taxation 
15. Agency Disclosure: Selling Broker represents: [] Buyer; [] Seller; [~" both parties; [] neither party 
Listing Broker represents: [] Seller; [~l’both parties 
16. Addenda: 22A(Financing) 
22D(Optional Clauses) 22K(Utilities) 
22J(Lead Disclosure) 
35(Inspection) 
~ 
07/21/2020 
"Bt~tt~08~tet~M P-~ 
Date 
Buyer’s Signature 
Date 
Buyer’s Address 
City, State, Zip 
Phone No. 
Fax No. 
@gmail.com 
Buyer’s E-mail Address 
The Preview Group 
3336 
Selling Firm 
MLS Office No. 
N
Q
99817 
Selling Broker (Print) 
MLS LAG No. 
(425) 488-6000 
(206) 496-5813 
(425) 487-1710 
Firm Phone No. 
Broker Phone No. 
Firm Fax No. 
@previewgroupnw.com 
Selling Firm Document E-mail Address 
@gmail.com 
Selling Broker’s E-mail Address 
24296 
Selling Broker DOL License No. 
Selling Firm DOL License No. 
E 
07/21/2020 
b #[l~h’~)~i ~:~ ~l~i~r I~ M PDT 
Date 
Seller’s Signature 
Date 
Seller’s Address 
City, State, Zip 
Phone No. 
Fax No. 
Seller’s E-mail Address 
The Preview Group 
3336 
Listing Firm 
MLS Office No. 
N
Q
99817 
Listing Broker (Print) 
MLS LAG No. 
(425) 488-6000 
(206) 496-5813 
(425) 487-1710 
Firm Phone No. 
Broker Phone No. 
Firm Fax No. 
@previewgroupnw.com 
Listing Firm Document E-mail Address 
@gmail.com 
Listing Broker’s E-mail Address 
24296 
Listing Broker DOL License No. 
Listing Firm DOL License No. 
Case 2:20-cr-00174-JCC     Document 50-1     Filed 11/17/20     Page 2 of 3

Authentisign I D: 95AAD4F1-AD7F-45CD-AOC2-29C02C1C1FC2 
Form 22EF 
Evidence of Funds Addendum 
Rev. 7/19 
Page 1 of 1 
EVIDENCE OF FUNDS ADDENDUM 
TO PURCHASE & SALE AGREEMENT 
@Copyright 2019 
Northwest Multiple Listing Service 
ALL RIGHTS RESERVED 
The following is part of the Purchase and Sale Agreement dated 
JulT 2,1, 2,020 
1 
between    Eric RTan ShibleT and/or assi,qns 
("Buyer") 
2 
Buyer 
Buyer 
and 
L
H
("Seller") 
3 
Seller 
Seller 
concerning 9103 
Seattle 
WA 98108 
(the "Property"). 
4 
Address 
City 
State 
Zip 
1. 
DEFINITIONS. 
"Evidence" means document(s) from a financial institution(s) in the United States showing that Buyer has 
6 
sufficient cash or cash equivalent in United States funds. 
7 
"Non-Contingent Funds" means funds that Buyer currently has in its possession and for which there is no 
8 
contingency, such as financing (NWMLS Form 22A or equivalent), sale of Buyer’s property (NWMLS Form 
9 
22B or equivalent), or pending sale of Buyer’s property (NWMLS Form 22Q or equivalent). 
10 
"Contingent Funds" means funds that Buyer does not currently have, but expects to receive from another 
11 
source prior to Closing, and for which there is no contingency, such as a loan, proceeds from the sale of 12 
other property or stock, retirement funds, foreign funds, a gift, or future earnings. 
13 
EVIDENCE OF NON-CONTINGENT FUNDS. Buyer is relying on Non-Contingent Funds for payment of the 
14 
Purchase Price. Buyer shall provide Evidence to Seller of such funds within 
2 
days (3 days if not 
15 
filled in) of mutual acceptance. Unless Buyer discloses other sources of funds for the payment of the Purchase 
16 
Price, Buyer represents that the Non-Contingent Funds are sufficient to pay the Purchase Price. Buyer shall not 
17 
use such Non-Contingent Funds for any purpose other than the purchase of the Property without Seller’s prior 
18 
written consent. If Buyer fails to timely provide such Evidence, Seller may give notice terminating this 
19 
Agreement any time before such Evidence is provided. Upon Seller’s notice of termination under this 20 
Addendum, the Earnest Money shall be refunded to Buyer. 
21 
DISCLOSURE OF CONTINGENT FUNDS. Buyer is relying on Contingent Funds for the Purchase Price: 
[] Loan: 
[] Sale of the following owned by Buyer: 
22 
23 
24 
[] Gift of $ 
from 
25 
[] Funds not readily convertible to liquid United States funds (describe): 
26 
27 
[] Other (describe): 
28 
Buyer shall provide Evidence to Seller        days (10 days if not filled in) prior to Closing that the funds 29 
relied upon in Section 3 have been received or are immediately available to Buyer. If Buyer fails to timely 30 
provide such Evidence, Seller may give notice terminating this Agreement any time before such Evidence is 31 
provided. Buyer shall provide Seller with additional information about such funds as may be reasonably 32 
requested by Seller from time to time. Upon Seller’s notice of termination under this Addendum, the Earnest 33 
Money shall be refunded to Buyer. 
34 
If Buyer disclosed that Buyer is obtaining a loan, Seller shall permit an appraisal of the Property and inspections 
35 
required by lender, including but not limited to structural, pest, heating, plumbing, roof, electrical, septic, and 
36 
well inspections. Seller is not obligated to pay for such inspections unless otherwise agreed. 
37 
BUYER DEFAULT. If Buyer fails to timely close because the Contingent Funds identified in Section 3 are not 
available by Closing, Buyer shall be in default and Seller shall be entitled to remedies as provided for in the 
~-~g r,e]eme nt. 
1_5_1 
Buyer’s Initials 
Date 
Buyer’s Initials 
Date 
Seller’s Initials 
Date 
Seller’s Initials 
Date 
38 
39 
4O 
Case 2:20-cr-00174-JCC     Document 50-1     Filed 11/17/20     Page 3 of 3

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