|
' z�s (fl LEAD-BASED PAINT: if Property includes pre-1978 residential housing, a lead-based paint disclosure is
<br /> a2o mandatory.
<br /> zz� (g) HOMEOWN�RS' ASSOCIATION/COMMUNITY DISCLOSURE; BUYER SMOULD [VOT EXECUTE TH(S
<br /> zz2 C�NTRAC7 UNTIL BUYER HAS RECEIVED AND READ THE HOMEOWNERS'
<br /> zzs ASSOCIATIONICOMMUNITY DISCLOSURE, IF APPLICA�LE,
<br /> �4 (h) PROPERTY TAX DISCLOSURE SUMMARY; BUYER SHOULD NOT RELY ON TME SELLER'S CURRENT
<br /> zzs PROPERTY TAXES AS THE AMOUNT OF PROPERTY TAXES THAT TME BUYER MAY BE OBLIGATEQ TO
<br /> zzs PAY IN THE YEAR SUBS�QUENT TO PURCHASE. A CHANGE OF OWNERSHIP OR PROPERTY
<br /> aa� IMPROVEMENTS TRIGGERS REASSESSMENTS OF THE PROPERTY THAT COULD RESULT IN HIGHER
<br /> z2a PROPERTY TAXES. IF YOU HAVE ANY QUESTlONS COfVCERNING VALUATION, CONTACT THE
<br /> szs COUNTY PROPERTY APPRAISER'S OFFICE FOR INFORMATION.
<br /> 2ao (i) POREIGN tNVESTMENT IN REAL PROPERTY TAX ACT("FIRPTA"}: Seller shall inform Suyer in writing if
<br /> 237 Seller is a°foreign person" as defined by the Fvreign lnvestment in Rea) Property Tax Act ("FIRPTA°). Buyer
<br /> 2s2 and Seller shall comply with FIRPTA, which may require 5eller to provide additional cash at Closing, lf Seller
<br /> zss is not a"foreign person", Seller can provide Buyet, at or prior to Closing, a certification of non-foreign status,
<br /> z�a under penalties af perjury,to inform Buyer and Closing Agent that no withholding is required. See STANDARD
<br /> zas V for further information pertaining to FtRPTA. Buyer and Seller are advised to seek legal counsel and tax �
<br /> za� advice regarding their respective rights, obligations, reporting and withholding requirements pursuant to
<br /> 2s� FIRPTA.
<br /> zas (j) SELLER DISCLOSURE:Seller knows of no facts materially affecting the value of the Real Property which are
<br /> zss not readily observable and which have not been disclosed to Buyer. Except as provided for in the preceding ,
<br /> zao sentence, Seller extends and intends no warranty and makes no representation of any type,either express or
<br /> za� implied, as to the physical conditi�n or history of the Property. Except as otherwise disclosed in writing Seller
<br /> zas has received no written or verbal notice firom any govemmental entity or agency as to a currently uncorrected
<br /> zaa building, environmental or safety code violation. '
<br /> zaa PROPERTY MAINTENAPICE,CONDITION,INSPECTIONS AND EXAMINATIONS
<br /> zas 11. PROPER7Y MAINTENANCE: Except for ordinary wear and tear and Casualty Loss, Seller shall mainEain the �
<br /> zas Property, including, but not limited to, lawn,shrubbery, and poof, in the condition existing as of EfFective Date("AS
<br /> za� IS Maintenance Requirement°).
<br /> zae 12. PROPERTY INSPECTION; R1GHT TO CANCEL:
<br /> zas* (a) PROPERTY lNSPECTlONS AND R1GHT TO CANCEL: Buyer sha/!have lo (!f left blank, then 15)
<br /> zso days affer Effective Dafe ("Inspection Period") wifhin which fo have such inspections of the Property
<br /> zs� performed as Buyer shall desire during fhe lnspection Period. If Buyer determines, in Buyer's sole
<br /> zsz discrefion,that the Properly Js not acceptable to Buyer,Buyer may terminate this Contract by delivering
<br /> zss wrliten notice of such elecfion to Seller prior to explraflon of lnspect�on Period. If Buyer tlmety
<br /> zsa terminates fhis Confract,the Deposif paid shall be refumed to Buyer, thereupon,Buyer and Sellershall
<br /> zss be released of all further obllgratlons under thls Contract; however, Buyer shall be responslble for
<br /> zse prompt payment forsuch lnspectlons,for repalr of damage to,and restoration of,fhe Property resufting
<br /> z5� from such inspections,and sha!!provide Seller witb paid receipts for a!I work done on the Praperty(the
<br /> zse preceding provision shall survive ternti»ation of this Contract). Unless Buyer exercises fhe right fo
<br /> zss terminate granted herein, Buyer accepts fhe physica!condition of the Property and any violation of
<br /> xso govemmental, building, environmenfal, and safety codes, restrlctions, or reguirements,but subJect to
<br /> zs, Seller's confinuing AS /S Maintenance Requiremen� and Buyer shall be responsible for any and a!!
<br /> zsz repairs and improvements requireaf by Buyer's lender.
<br /> zsa (b) WALK-THROUGH INSPECTIONlRE-tNSPECTION: On the day prior to Closing Date,or on Closing Date prior
<br /> z�a to time of Closing, as spec�ed by Buyer, Buyer or Buyer's representative may perform a walk through (and
<br /> sss follow-up walk-through, if necessary) inspectlon of the Property solely ta confirm that all items of Personal
<br /> zss Property are on the Prope�ty and t4 verify that Selfer has maintained the Property as required by the AS IS
<br /> ae� Maintenance Requirement and has met all other contractua�obligations.
<br /> xse (c} SELLER ASSIS7ANCE AND COOP�RATION IN CLOSEAU7 OF BUILDING PERMITS:if Suyer's inspection
<br /> Zss of the Property identifies open or needed building permits,then Seller shal!promptly deliver to Buyer all plans,
<br /> z�o written documentation or other information in Seller's possession, knowledge, or control relating to
<br /> z�� improvements to the Property which are the subject of such open or needed Permits, and shall promptly
<br /> z�2 cooperate in good faith with Buyer's efforts to obtain estimates of repairs or other work necessary to resol�e
<br /> z�s such Perrnit issues.Seller's o6ligation to cooperake shall include Seller's execution of nec ssary authorizations,
<br /> Buyers Initlals Page 5 of 12 Seller's nitials
<br /> FlorldaResltars/ IoridaBer-ASIS-5 Rev.4/17�2017 Florida Realiors�and The Florida Bar. All rights reserved.
<br /> This soEtpar� is liceaeed to [Kelli Ryman - SINdHAM REALTY, INC.] www.transnctiondeBk.c �. ���pnetFORMS
<br />
|