Statewide Buyers and Sellers Advisory
As this form is 10 pages long and has over 40 items, I am not including
it in its entirety here. The front page has 3 paragraphs that address
the rights and duties of buyers, sellers and brokers. To follow is a list
of advisories for both buyers and sellers regarding inspections, environmental
conditions and other issues. The subtitles are as follows. In the actual
form, each has a paragraph which further explains the item.
| * | Buyer Rights and Duties | |
| * | Seller Rights and Duties | |
| * | Broker Rights and Duties | |
| 1. | Inspections | |
| 2. | Square Footage, Lot Size and Boundaries | |
| 3. | Soil and Geologic Conditions | |
| 4. | Geologic Hazards | |
| 5. | Environmental Hazards | |
| 6. | Mold | |
| 7. | Water Intrusion | |
| 8. | Septic Systems | |
| 9. | Well and Water Systems | |
| 10. | Wood Destroying Pests | |
| 11. | Easements, Access and Encroachments | |
| 12. | Earthquake Fault Zones and Seismic Hazard Zones | |
| 13. | Fire Hazards | |
| 14. | Flood Hazards | |
| 15. | Building Permits, Zoning and Code Compliance | |
| 16. | Views | |
| 17. | Future Repairs, Replacements and Remodels | |
| 18. | Errant Golf Balls | |
| 19. | Schools | |
| 20. | Neighborhood Noise Sources | |
| 21. | Pets and Animals | |
| 22. | Security and Safety | |
| 23. | Retrofit | |
| 24. | Water Shortages and Conservation | |
| 25. | Neighborhood Area; Personal Factors | |
| 26. | Insurance | |
| 27. | California Fair Plan | |
| 28. | Historical Designation, Coastal Commission, Architectural Landscape and Other Restrictions on Buildings or Improvements | |
| 29. | Bond and Mello-Roos Community and Other Facilities Districts | |
| 30. | Homeowner Associations and Covenants, Conditions and Restrictions (CC&Rs) | |
| 31. | Community Enhancement Fees | |
| 32. | General Recall/Defective Product/Class Action Information: | |
| A. B. C. D. E. F. G. H. I |
Furnaces |
|
| 33. | Rental Property Restrictions | |
| 34. | Land Lease | |
| 35. | Home Warranty | |
| 36. | Internet Advertising | |
| 37. | Escrow Funds | |
| 38. | NOTICE OF YOUR "SUPPLEMENTAL" PROPERTY TAX BILL | |
| 39. | Non Confidentiality of Offers | |
| 40. | FIRPTA/California Withholding | |
| 41. | Liquidated Damages | |
| 42. | Mediation | |
| 43. | Arbitration | |
| 44. | Local Addenda (If Checked) | |
FINAL PARAGRAPH IN FORM
Buyer and Seller acknowledge and agree that Broker: (i) Does not decide what price Buyer should pay or Seller should accept; (ii) Does not guarantee the condition of the Property; (iii) Does not guarantee the performance, adequacy or completeness of inspections, services, products or repairs provided or made by Seller or others. (iv) Does not have an obligation to conduct an inspection of common areas or areas off the site of the Property (v) Shall not be responsible for identifying defects on the Property, in common areas, or offsite unless such defects are visually observable by an inspection of reasonably accessible areas of the Property or are known to Broker; (vi) Shall not be responsible for identifying the location of boundary lines or other items affecting title; (vii) Shall not be responsible for verifying square footage, representations of others or information contained in investigation reports, Multiple Listing Service, advertisements, flyers or other promotional material; (ix) Shall not be responsible for providing legal or tax advice regarding any aspect of a transaction entered into by Buyer or Seller; and (x) Shall not be responsible for providing other advice or information that exceeds the knowledge, education and experience required to perform real estate licensed activity. Buyer and Seller agree to seek legal, tax, insurance, title and other desired assistance from appropriate professionals.
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