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Directions From Conway, route 16 North. Take a right onto 302, Eastman Road. Right turn onto Eagle's Way. Left on Commercial Drive, and right on Bonita's Way.
ROW - Parcel Access
ROW to other Parcel
ROW - Length
ROW - Width
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School - District SAU #9
School - High A. Crosby Kennett Sr. High School - Middle/Jr A. Crosby Kennett Middle Sch School - Elementary Lakeside Primary School
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Map TBD Block TBD
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Appliances Dishwasher, Dryer, Microwave, Range - Electric, Refrigerator, Washer
Features - Accessibility One-Level Home
Heating Propane
Cooling Central AC
Date - Initial Showings Begin Foreclosed/Bank-Owned/REO No
WHITEMOUNTAINHIGHWAY(NHROUTE16)
WAYBONITA'S
ROAD)(PRIVATEWAYEAGLES
NHDOTPARCEL TOREMAIN (AFTERLLA) 67,647SQ.FT.(1.55±ACRES)
NONBINDING RESERVATION AGREEMENT
WHISPERING PINES CONDOMINIUM NORTH CONWAY, NEW HAMPSHIRE
THIS NONBINDING RESERVATION AGREEMENT (hereinafter the "Agreement"), made this ____ day of _____, 2025, by and between Continuum at North Conway, LLC, a New Hampshire limited liability company with a principal address of 9 Lewis Road, Kittery, Maine 03904 ("Seller") and ______________________ ("Buyer").
WITNESSETH
WHEREAS, Seller is currently in the process of developing a residential project known as WHISPERING PINES CONDOMINIUM, in the Town of North Conway, County of Carroll, State of New Hampshire (the "Project"); and
WHEREAS, Units within said Condominium have not yet registered with the Consumer Protection and Antitrust Bureau of the Department of Justice, State of New Hampshire (the Bureau), and until such registration is compete, no binding contract for sale or lease of any interest in a Unit may be created; and
WHEREAS, Buyer wishes to reserve a Unit in the Project for purchase from Seller when said registration is completed;
NOW WHEREFORE, in consideration of the mutual covenants herein contained, the parties do hereby covenant and agree as follows:
1.0 Reservation of Unit
1.01 In consideration for the payment of a deposit in the amount of FIVE THOUSAND Dollars ($5,000.00), the receipt of which is hereby acknowledged by Seller, Seller agrees to reserve for Buyer Unit No. _____ (the “Unit”), as it appears on the proposed Project plans reviewed by Buyer.
1.02 Seller further agrees that the purchase price, without available options, for said Unit, shall be ___________________________________ Dollars ($_________), subject to customary closing adjustment. Although it does not intend to sell the Unit at a price other than that stated herein, the Seller retains the right to increase the purchase price for the Unit referred to herein.
1.03 Subject to the provisions of Section 1.02 above, upon registration of the Condominium with the Department of Justice, Seller will deliver a Purchase and Sale Contract to Buyer for execution. The Buyer shall have five (5) business days in which to execute said Purchase and Sale Contract and return it to Seller, If such action is not taken by the close of the fifth (5th) business day after receipt of the Purchase and Sale Contract by Buyer, this Agreement shall be null and void, and neither party shall have further recourse against the other, with the exception that Buyer shall be entitled to the return of his/her deposit (without interest) in the same manner as provided in Section 2.01 of this Agreement.
2.0 Nonbinding Commitment
2.01 This Agreement is in no way binding on the Buyer and can be cancelled without penalty by Buyer, at his/her sole discretion by written notice, hand delivered or sent by United States mail, return receipt requested, to the Seller or any agent of the Seller prior to the signing of a Purchase and Sale Contract for the proposed Unit. Such cancellation shall be without penalty, and any deposit made by Buyer shall be refunded in its entirety no later than ten (10) days from receipt of the written notice of cancellation.
2.02 Seller also has the express right to cancel this Agreement at its sole discretion. Written notice of such cancellation shall be given to Buyer, together with the return of his/her deposit (without interest) in accordance with the procedure described in Section 2.01 of this Agreement.
2.03 Upon execution of a Purchase and Sale Contract between the parties, Buyer and Seller agree that the consideration referred to in Section 1.01 above shall be applied to and form a part of Buyer’s deposit on the Unit in accordance with the terms of said Purchase and Sale Contract and, that upon said execution, this Agreement shall terminate in all respects thereby becoming null and void.
2.04 Seller and Buyer agree that nothing hereunder shall be construed to require, and Seller specifically does not represent, that the Project will be completed or that the Project will not be completed, or should the Project be abandoned by Seller, or should Seller for any reason not go forward with the registration of the Project or the construction of the Unit or the Project, Seller shall give to Buyer notice of Cancellation of the Agreement, by either hand delivering, or mailing, return receipt requested, written notice of cancellation to Buyer at Buyer’s address specified above, and to the escrow agent identified below, whereupon this Agreement shall be null and void, and both parties shall be relived of any obligations under this Agreement. Seller's liability hereunder shall be limited to the return of the Buyer's deposit (without interest) in the manner provided in Section 2.01 of the Agreement.
3.0 Escrow Agent.
3.01 Seller hereby covenants that Seller has retained the escrow agent described below to serve as escrow agent for the sums received pursuant to this Agreement in accordance with the provisions of R.S.A. 356-B:57, and that Seller has instructed the escrow agent to retain funds in a separate escrow (or brokerage) account until such time as a cancellation notice, provided for herein, is delivered to escrow agent, or until title to the Unit has actually been conveyed to Buyer at the closing under the Purchase and Sale Contract. No interest shall be paid in respect of the escrowed funds.
3.02 The escrow agent is Coldwell Banker Lifestyles, 370 Main Street, New London, New Hampshire 03257. The escrow account will be located at Camden National Bank, 1500 White Mountain Highway, North Conway, New Hampshire 03860. The telephone number for Coldwell Banker Lifestyles is: (603) 526-4020.
IN WITNESS WHEREOF, the parties have hereunto caused this Agreement to be duly executed by signing below as of the day and year first above written.
By: ________________________________
Buyer

