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Exhibit 4
Sample Agreement of Sale

BETWEEN CEDARS DEVELOPMENT CORPORATION, OF NEW JERSEY, SELLER,

____________________________

AND ____________________________,

BUYER, DATED ____________________________.

  1. Description
  2. Purchase Price
  3. Extras
  4. Mortgage Financing
  5. Condominium Association
  6. Legal Representation
  7. Title
  8. Damage by Fire or Other Casualty
  9. Real Estate Taxes, Utility Charges,
    Municipal Improvements, Price Escalator
  10. Defaults by Buyer and Seller
  11. Closing of Title
  12. Delay of Completion, Impossibility of Completion
  13. Cancellation of Agreement
  14. Changes in Plan or Material Selections
  15. Consent to Certain Amendments
  16. Severability of Contract Clauses
  17. Subordination and Assignment
  18. Disputes
  19. Homeowners Warranty
  20. Insulation
  21. License
  22. Establishment of Condominium
  23. Brokerage
  24. Display
  25. Buyer's Representation
  26. Entire Agreement
  27. Captions
  28. Receipt of Documents
  29. Multiple Buyers
  30. Notice to the Buyer
  31. Survey Certificate Fee
  32. Visits to the Construction Site
This web site contains a copy of the Association's Master Deed and By-Laws. This has been included for easy reference for our unit owners. The Cedars at Basking Ridge Condominium Association and GSID do not warrant or guarantee the accuracy of the document as it appears in the web site and will not be responsible for any errors it may contain.


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