Klamath - Beach Property For Sale #7153944

This is a building that was run as a church at one time. It has beautiful old growth beams on the interior. There is a half bath, no shower installed. This is truly a beautiful historic building that needs repair work done. The seller is St. Joseph Catholic Church of Crescent City (*Parish*), and the signatory is Father Greg Villaescusa, as Pastor for the Parish. 1. Title to the subject property is held in the name of The Roman Catholic Bishop of Santa Rosa, a corporation sole in Trust for St. Joseph Catholic Church of Crescent City (*Parish*). The Roman Catholic Bishop of Santa Rosa is currently the debtor in a Chapter 11 bankruptcy proceeding, case no. 23-10113, United States Bankruptcy Court, Northern District of California. 2. All terms of any sale contract are subject to the approval of the Bankruptcy Court. It is estimated that this process will take at least 75 to 90 days. If court approval is not granted, then any sale transaction will be cancelled. 3. Broker compensation may be subject to court approval. 4. The Roman Catholic Bishop of Santa Rosa is a party to the transaction solely because of its role as trustee. All obligations of Seller under the listing agreement and any sale contract of are the responsibility of the Parish as the beneficial owner of the property and Seller.