|
<br />1251 West Camile Street
<br />Property Address: Santa Ana, CA 92703
<br />
<br />Date: March 11, 2008
<br />
<br />(4) If any disclosure or notice specified in 5A(1), or subsequent or amended disclosure or notice is delivered to Buyer after the offer is Signed,
<br />Buyer shall have the right to cancel this Agreement within 3 Days After delivery in person, or 5 Days After delivery by deposit in the mail, by
<br />giving written notice of cancellation to Seller or Seller's agent. (Lead Disclosures sent by mail must be sent certified mail or better.)
<br />(5) Note to Buyer and Seller: Waiver of Statutory and Lead Disclosures is prohibited by Law.
<br />B. NATURAL AND ENVIRONMENTAL HAZARDS: Within the time specified in paragraph 14A, Seller shall, if required by Law: (i) deliver to Buyer
<br />earthquake guides (and questionnaire) and environmental hazards booklet; (ii) even if exempt from the obligation to provide a NHD, disclose if the
<br />Property is located in a Special Flood Hazard Area; Potential Flooding (Inundation) Area; Very High Fire Hazard Zone; State Fire Responsibility
<br />Area; Earthquake Fault Zone; Seismic Hazard Zone; and (iii) disclose any other zone as required by Law and provide any other information
<br />required for those zones.
<br />C. MEGAN'S LAW DATABASE DISCLOSURE: Notice: Pursuant to Section 290.46 of the Penal Code, information about specified registered sex
<br />offenders is made available to the public via an Internet Web site maintained by the Department of Justice at www.meganslaw.ca.gov. Depending
<br />on an offender's criminal history, this information will include either the address at which the offender resides or the community of residence and
<br />ZIP Code in which he or she resides. (Neither Seller nor Brokers are required to check this website. If Buyer wants further information, Broker
<br />recommends that Buyer obtain information from this website during Buyer's inspection contingency period. Brokers do not have expertise in this
<br />area.)
<br />6. CONDOMINIUM/PLANNED UNIT DEVELOPMENT DISCLOSURES:
<br />A. SELLER HAS: 7 (or D ) Days After Acceptance to disclose to Buyer whether the Property is a condominium, or is located in a
<br />planned unit development or other common interest subdivision (CAR. Form SSD).
<br />B. If the Property is a condominium or is located in a planned unit development or other common interest subdivision, Seller has 3 (or D )
<br />Days After Acceptance to request from the HOA (CAR. Form HOA): (i) Copies of any documents required by Law; (ii) disclosure of any pending
<br />or anticipated claim or litigation by or against the HOA; (iii) a statement containing the location and number of designated parking and storage
<br />spaces; (iv) Copies of the most recent 12 months of HOA minutes for regular and special meetings; and (v) the names and contact information of
<br />all HOAs governing the Property (collectively, "CI Disclosures"). Seller shall itemize and deliver to Buyer all CI Disclosures received from the HOA
<br />and any CI Disclosures in Seller's possession. Buyer's approval of CI Disclosures is a contingency of this Agreement as specified in paragraph
<br />14B(3).
<br />7. CONDITIONS AFFECTING PROPERTY:
<br />A. Unless otherwise agreed: (i) the Property is sold (a) in its PRESENT physical condition as of the date of Acceptance and (b) subject to
<br />Buyer's Investigation rights; (ii) the Property, including pool, spa, landscaping and grounds, is to be maintained in substantially the same
<br />condition as on the date of Acceptance; and (iii) all debris and personal property not included in the sale shall be removed by Close Of Escrow.
<br />B. SELLER SHALL, within the time specified in paragraph 14A, DISCLOSE KNOWN MATERIAL FACTS AND DEFECTS affecting the
<br />Property, including known insurance claims within the past five years, AND MAKE OTHER DISCLOSURES REQUIRED BY LAW (C.A.R.
<br />Form SSD).
<br />C. NOTE TO BUYER: You are strongly advised to conduct investigations of the entire Property in order to determine its present condition
<br />since Seller may not be aware of all defects affecting the Property or other factors that you consider important. Property improvements
<br />may not be built according to code, in compliance with current Law, or have had permits issued.
<br />D. NOTE TO SELLER: Buyer has the right to inspect the Property and, as specified in paragraph 14B, based upon information discovered in
<br />those inspections: (i) cancel this Agreement; or (ii) request that,you make Repairs or take other action.
<br />8. ITEMS INCLUDED AND EXCLUDED:
<br />A. NOTE TO BUYER AND SELLER: Items listed as included or excluded in the MLS, flyers or marketing materials are not included in the purchase
<br />price or excluded from the sale unless specified in 8B or C.
<br />B. ITEMS INCLUDED IN SALE:
<br />(1) All EXISTING fixtures and fittings that are attached to the Property;
<br />(2) Existing electrical, mechanical, lighting, plumbing and heating fixtures, ceiling fans, fireplace inserts, gas logs and grates, solar systems,
<br />built-in appliances, window and door screens, awnings, shutters, window coverings, attached floor coverings, television antennas, satellite
<br />dishes, private integrated telephone systems, air coolers/conditioners, pool/spa equipment, garage door openers/remote controls, mailbox,
<br />in-ground landscaping, trees/shrubs, water softeners, water purifiers, security systems/alarms; and
<br />(3) The following items:
<br />
<br />(4) Seller represents that all items included in the purchase price, unless otherwise specified, are owned by Seller.
<br />(5) All items included shall be transferred free of liens and without Seller warranty.
<br />C. ITEMS EXCLUDED FROM SALE:
<br />
<br />9. BUYER'S INVESTIGATION OF PROPERTY AND MATTERS AFFECTING PROPERTY:
<br />A. Buyer's acceptance of the condition of, and any other matter affecting the Property, is a contingency of this Agreement as specified in this
<br />paragraph and paragraph 14B. Within the time specified in paragraph 14B(1), Buyer shall have the right, at Buyer's expense unless otherwise
<br />agreed, to conduct inspections, investigations, tests, surveys and other studies ("Buyer Investigations"), including, but not limited to, the right to: (i)
<br />inspect for lead-based paint and other lead-based paint hazards; (ii) inspect for wood destroying pests and organisms; (iii) review the registered
<br />sex offender database; (iv) confirm the insurability of Buyer and the Property; and (v) satisfy Buyer as to any matter specified in the attached
<br />Buyer's Inspection Advisory (CAR. Form BIA). Without Seller's prior written consent, Buyer shall neither make nor cause to be made: (i) invasive
<br />or destructive Buyer Investigations; or (ii) inspections by any governmental building or zoning inspector or government employee, unless required
<br />by Law.
<br />B. Buyer shall complete Buyer Investigations and, as specified in paragraph 14B, remove the contingency or cancel this Agreement. Buyer shall give
<br />Seller, at no cost, complete Copies of all Buyer Investigation reports obtained by Buyer. Seller shall make the Property available for all Buyer
<br />Investigations. Seller shall have water, gas, electricity and all operable pilot lights o~r Buyer's Investigations and through the date possession is
<br />
<br />made available to Buyer. Y Buyer's Initials ( ~ ( ) is)
<br />
<br />Seller's Initials ( ) ( ) =
<br />Copyright@ 1991-2007, CALIFORNIA ASSOCIATION OF REAL TORS@, INC. . I I
<br />RPA-CA REVISED 11/07 (PAGE 3 OF 8) . Reviewed by Date ~~~iMt~W~
<br />CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 3 OF 8) 1251 West earni
<br />
<br />
|