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Pursuant to State Law, prior to the close of escrow, Buyer will provide Escrow Holder with a Preliminary Change of Ownership Report. In the
<br />event said report is not handed to Escrow Holder for submission to the County in which subject property is located, upon recording of the Grant
<br />Deed, Buyers acknowledge that the applicable fee will be assessed by said County and Escrow Holder shall debit the account of Buyer for same at
<br />close of escrow.
<br />16. NON-RESIDENT ALIEN
<br />The Foreign Investment in Real Property Tax Act (FIRPTA), Title 26 U.S.C., Section 1445, and the regulations there under, provide in part, that a
<br />transferee (buyer) of a U.S. real property interest from a foreign person must withhold a statutory percentage of the amount realized on the
<br />disposition, report the transaction and remit the withholding to the Internal Revenue Service URS) within twenty (20) days after the transfer.
<br />Fidelity National Title Company will not determine nor aid in the determination of whether the FIRPTA withholding provisions are applicable to
<br />the subjeettransaction, nor aaas• a Qualified Substitute under,gtatt ol� federal law, nor ffirnish tax advice to any party to the buisaction. Fidelity
<br />National Title Company will not determine nor aid in the determination of whether the transaction will qualify for an exception or an exemption
<br />and is not responsible for the filing of any tax formes with the IRS as they relate to FIRPTA, nor responsible for collecting and holding of any
<br />documentation from the buyer or seller on the buyer's behalf for the purpose of supporting a claim of an exception or exemption. Fidelity National
<br />Title Company is not am agent for the buyer for the purposes of receiving and analyzing any evidence or documentation that the seller in the
<br />subject transaction is a U.S. citizen or resident alien. Fidelity National Title Company is not responsible for the payment of this tax and/or penalty
<br />and/or interest incurred in connection therewith and such taxes are not a matter covered by the Ehvner's Policy of Title Insurance to be issued to the
<br />buyer: Fidelity National Title Company is -rot responsible fbr- the completion of any IRS 'documents• or related forms, related, to the referenced,
<br />statute. The buyer is advised, they must independently make a determination of whether the contemplated transaction is subject to the withholding
<br />requirement; bear fall responsibility for compliance with the withholding requirement if applicable and/or for payment of any tax, interest,
<br />penalties and/or other expenses that may be due on the subject transaction; and they are responsible for the completion of any and all forms,
<br />including but not limited to applicable IRS documentation, and the .nailing of those forms. The Buyer is advised any forms, documents, or
<br />information received from Fidelity National Title Company is not tax or legal advice and should not be construed as such nor treated as a
<br />complete representation of FIRPTA requirements. Buyer should seek outside counsel from. a qualified individual to determine any and all
<br />implications of -the referenced statute.
<br />17. ENCUMBRANCES
<br />Escrow Holder is to act upon any statements furnished by a lienholder or his agent without liability or responsibility for the accuracy of such
<br />statements. Any adjustments necessary because of a discrepancy between the information firrnished Escrow Holder and any amount later
<br />determined to be correct shall be settled between the parties direct and outside of escrow.
<br />You are authorized, without the need for firrtlmer approval, to debit my account for any fees and charges that I have agreed to pay in connection with
<br />this escrow, and for any amounts that I am obligated to pay to the holder of any lien or encumbrance to establish the title as insured by the policy of
<br />title insurance called for in these instructions. If for any reason my account is not debited for such amounts at the time of closing, I agree to pay
<br />them immediately upon demand, or to reimburse any other person or entity who has paid them.
<br />18. ENVIRONMENTAL ISSUES
<br />Fidelity National Title Company has trade no investigation concerning said property as to environmental/toxic waste issues. Any due diligence
<br />required or needed to determine. environmental impact as to forms of toxifi.cation, if applicable, will be done directly and by principals outside of
<br />escrow. Fidelity National Title Company is released of any responsibility and/or liability in connection therewith.
<br />19, USURY
<br />Escrow Holder is not to be concerned with any questions of usury in any loan or encumbrance involved in the processing of this escrow and is
<br />hereby released of any responsibility or liability therefore,
<br />24. DISCLOSURE
<br />Escrow Holder's knowledge of matters affecting the property, provided such facts do not prevent compliance with these instructions, does not
<br />create any liability or duty in addition to these instructions.
<br />21. IF, ACSIMILEWLECTRONIC SIGNATURE
<br />Escrow Holder is hereby authorized and instructed that, in the event any party utilizes electronic or "facsimile" transmitted signed documents or
<br />instructions to Escrow Holder, you are to rely on the same for all escrow instruction purposes and the closing of escrow as if they bore original
<br />signatures, "Electronic Signature" means, as applicable, an electronic copy or signature complying with California Law.
<br />22, CLARIFICATION OF DUTIES
<br />Fidelity National Title Company serves ONLY as arm Escrow Holder in connection with these instructions and cannot give legal advice
<br />to any party hereto.
<br />Escrow Holder is not to be held accountable or liable for the sufficiency or correctness as to form, manner of execution, or validity of any
<br />instrument deposited in this escrow, nor as to the identity, authority or rights of any person executing the same. Escrow Holder's duties hereunder
<br />shall be limited to die proper handling of such money and the proper safekeeping of such instruments, or other documents received by Escrow
<br />Holder, and for the disposition of same in accordance with the written instructions -accepted by Escrow Holder.
<br />The agency and duties of Escrow Holder commence only upon receipt of copies of these Escrow Instructions executed by all parties.
<br />General Provisions Printed: 111/0001 12:00 AM by JK
<br />EI000076 (DS1 Rev. 05/19117) page 3
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