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~ CALIFORNIA
<br />~ ~ ASSOCIATION BUYER'S INSPECTION ADVISORY
<br />_ OF REALTORS
<br />~~ (C.A.R. Form BIA-A, Revised 10/02)
<br />Property Address: 1251 West Camile Street, Santa Ana CA 92703 ("Property")
<br />A. IMPORTANCE OF PROPERTY INVESTIGATION: The physical condition of the land and improvements being purchased is not
<br />guaranteed by either Seller or Brokers. For this reason, you should conduct thorough investigations of the Property personally and with
<br />professionals who should provide written reports of their investigations. Ageneral physical inspection typically does not cover all aspects
<br />of the Property nor items affecting the Property that are not physically located on the Property. If the professionals recommend further
<br />investigations, including a recommendation by a pest control operator to inspect inaccessible areas of the Property, you should contact
<br />qualified experts to conduct such additional investigations.
<br />B. BUYER RIGHTS AND DUTIES: You have an affirmative duty to exercise reasonable care to protect yourself, including discovery of
<br />the legal, practical and technical implications of disclosed facts, and the investigation and verification of information and facts that you
<br />know or that are within your diligent attention and observation. The purchase agreement gives you the right to investigate the Property. If
<br />you exercise this right, and you should, you must do so in accordance with the terms of that agreement. This is the best way for you to
<br />protect yourself. It is extremely important for you to read all written reports provided by professionals and to discuss the results of
<br />inspections with the professional who conducted the inspection. You have the right to request that Seller make repairs, corrections or
<br />take other action based upon items discovered in your investigations or disclosed by Seller. If Seller is unwilling or unable to satisfy your
<br />requests, or you do not want to purchase the Property in its disclosed and discovered condition, you have the right to cancel the
<br />agreement if you act within specific time periods. If you do not cancel the agreement in a timely and proper manner, you may be in
<br />breach of contract.
<br />C. SELLER RIGHTS AND DUTIES: Seller is required to disclose to you material facts known to him/her that affect the value or
<br />desirability of the Property. However, Seller may not be aware of some Property defects or conditions. Seller does not have an obligation
<br />to inspect the Property for your benefit nor is Seller obligated to repair, correct or otherwise cure known defects that are disclosed to you
<br />or previously unknown defects that are discovered by you or your inspectors during escrow. The purchase agreement obligates Seller to
<br />make the Property available to you for investigations.
<br />D. BROKER OBLIGATIONS: Brokers do not have expertise in all areas and therefore cannot advise you on many items, such as soil
<br />stability, geologic or environmental conditions, hazardous or illegal controlled substances, structural conditions of the foundation or other
<br />improvements, or the condition of the roof, plumbing, heating, air conditioning, electrical, sewer, septic, waste disposal, or other system.
<br />The only way to accurately determine the condition of the Property is through an inspection by an appropriate professional selected by
<br />you. If Broker gives you referrals to such professionals, Broker does not guarantee their performance. You may select any professional
<br />of your choosing. In sales involving residential dwellings with no more than four units, Brokers have a duty to make a diligent visual
<br />inspection of the accessible areas of the Property and to disclose the results of that inspection. However, as some Property defects or
<br />conditions may not be discoverable from a visual inspection, it is possible Brokers are not aware of them. If you have entered into a
<br />written agreement with a Broker, the specific terms of that agreement will determine the nature and extent of that Broker's duty to you.
<br />YOU ARE STRONGLY ADVISED TO INVESTIGATE THE CONDITION AND SUITABILITY OF ALL ASPECTS OF THE PROPERTY. IF
<br />YOU DO NOT DO SO, YOU ARE ACTING AGAINST THE ADVICE OF BROKERS.
<br />E. YOU ARE ADVISED TO CONDUCT INVESTIGATIONS OF THE ENTIRE PROPERTY, INCLUDING, BUT NOT LIMITED TO THE
<br />FOLLOWING:
<br />1. GENERAL CONDITION OF THE PROPERTY, ITS SYSTEMS AND COMPONENTS: Foundation, roof, plumbing, heating, air
<br />conditioning, electrical, mechanical, security, pool/spa, other structural and non-structural systems and components, fixtures,
<br />built-in appliances, any personal property included in the sale, and energy efficiency of the Property. (Structural engineers are best
<br />suited to determine possible design or construction defects, and whether improvements are structurally sound.)
<br />2. SQUARE FOOTAGE, AGE, BOUNDARIES: Square footage, room dimensions, lot size, age of improvements and boundaries. Any
<br />numerical statements regarding these items are APPROXIMATIONS ONLY and have not been verified by Seller and cannot be
<br />verified by Brokers. Fences, hedges, walls, retaining walls and other natural or constructed barriers or markers do not necessarily
<br />identify true Property boundaries. (Professionals such as appraisers, architects, surveyors and civil engineers are best suited to
<br />determine square footage, dimensions and boundaries of the Property.)
<br />3. WOOD DESTROYING PESTS: Presence of, or conditions likely to lead to the presence of wood destroying pests and organisms
<br />and other infestation or infection. Inspection reports covering these items can be separated into two sections: Section 1 identifies
<br />areas where infestation or infection is evident. Section 2 identifies areas where there are conditions likely to lead to infestation or
<br />infection. A registered structural pest control company is best suited to perform these inspections.
<br />4. SOIL STABILITY: Existence of fill or compacted soil, expansive or contracting soil, susceptibility to slippage, settling or movement,
<br />and the adequacy of drainage. (Geotechnical engineers are best suited to determine such conditions, causes and remedies.)
<br />The copyright laws of the United States (Title 17 U.S. Code) forbid the
<br />unauthorized reproduction of this form, or any portion thereof, by photocopy Buyer's Initials ( ) ( )
<br />machine or any other means, including facsimile or computerized formats. Seller's Initials ( ) ( )
<br />Copyright ©1991-2004, CALIFORNIA ASSOCIATION OF REALTORS,
<br />INC. ALL RIGHTS RESERVED. Reviewed by Date
<br />EOURL HOUSING
<br />BIA-A REVISED 10!02 (PAGE 1 OF 2) OPPORTUNITY
<br />BUYER'S INSPECTION ADVISORY (BIA-A PAGE 1 OF 2)
<br />Agent: PJ Jahangiri Phone: (714) 288-8600 Fax: (714) 289-1206 Prepared using WINForms RO software
<br />Broker: Villa Realty Group 1421 N. Wanda Rd. Suite 120 Orange CA 92867
<br />25D-12
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