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Property Purchases
To submit a request to acquire RailAmerica-owned real property interests, the following procedures must be followed:

A written request should be forwarded to RailAmerica's Real Estate Department at the following address:

RailAmerica, Inc.
Attn: Vice President - Real Estate
1355 Central Parkway South - Suite 700
San Antonio, TX 78232

Your request must include the following information:

• Legal description or other detailed description of the property
  
• Railroad milepost
  
• Map showing the general vicinity (such as country road map, etc.)
  
• Larger-scale plat map showing specific boundaries of the property
  
• The detailed intended use of the property
  
• Highest net cash offer for the property

With respect to the final item listed above, by net cash, we mean that all incidental costs of sale including, but not limited to, survey, title insurance, subdivision expenses (if any), legal fees, transfer/recording fees, etc. would be the responsibility of the buyer.

Any sale of railroad property would be effectuated by quitclaim deed.

Several internal departments would then review received requests, and the condition and value of the property would be verified. After the initial review is complete, and if the transaction was approved, the applicant would receive our standard form Purchase-Sale Agreement outlining the required specific terms and conditions of sale. Typically, a 10% deposit is required upon submission of a signed offer.

Follow-up questions as to the status of an application to acquire property should be emailed to:

* E-mailed status requests will receive a priority response.