Real Estate Certification

REAL ESTATE CERTIFICATION

This Real Estate Certification (the Certification) is executed by Certifying Party: and delivered to Recipient Party: concerning the real property described below (Property). The Certifying Party certifies, represents and warrants the matters set forth in this Certification as of the Effective Date stated below.

Property Identification

Parties and Contact Information

Certification Effective Date

Effective Date:

Certifications and Disclosures

The Certifying Party certifies, represents and warrants to the Recipient Party as follows. For each item below, indicate Yes if the condition, item or encumbrance exists or is outstanding as to the Property; otherwise indicate No. Where Yes is indicated, provide concise details in the corresponding explanation field.

1. Recorded Liens, Mortgages, Judgments or Encumbrances: Are there any recorded liens, mortgages, judgments, tax liens or other encumbrances affecting the Property? Yes No

2. Outstanding Real Property Taxes or Assessments: Are there unpaid property taxes, assessments, or special assessments affecting the Property? Yes No

3. Zoning, Land Use or Building Code Violations: Are there any unresolved zoning violations, building code violations or required permits outstanding for the Property? Yes No

4. Hazardous Materials and Environmental Conditions: To the best of the Certifying Party's knowledge, have hazardous materials been used, stored, disposed on the Property, or is there any known contamination, methane, or underground storage tanks? Yes No

5. Lead-Based Paint and Other Known Building Hazards: If the Property contains structures constructed prior to 1978, is there any known lead-based paint or other health hazard disclosures required? Yes No

6. Flood, FEMA, or Other Hazard Zone Status: Is the Property located in a floodplain or other designated hazard zone, or subject to special insurance requirements? Yes No

7. Homeowners Association (HOA) / CC&Rs: Is the Property subject to any homeowners association, restrictive covenants, or community rules that affect use, improvements or assessments? Yes No

8. Litigation or Pending Claims: Are there any presently pending lawsuits, administrative claims, bankruptcy proceedings or recorded notices related to the Property? Yes No

Representations, Warranties and Covenants

The Certifying Party represents and warrants that to the Certifying Party's actual knowledge, after reasonable inquiry: (a) the Certifying Party is the lawful owner of the Property or otherwise has authority to make the certifications herein; (b) all information provided in this Certification is true, correct and complete as of the Effective Date; and (c) there are no material undisclosed facts or circumstances relating to the Property that would reasonably be expected to affect marketability or the safe, lawful use of the Property.

The Certifying Party covenants to promptly notify the Recipient Party in writing if any material fact or condition described herein changes prior to the closing, transfer, or other transaction for which this Certification is relied upon. The Certifying Party further agrees to cooperate in providing reasonably requested documentation to substantiate any matter certified herein, provided such requests are reasonable and do not unreasonably burden the Certifying Party.

Remedies; Indemnity; Survival

The Certifying Party acknowledges that the Recipient Party may rely on the representations and warranties contained in this Certification. The Certifying Party agrees to indemnify, defend and hold harmless the Recipient Party from and against any losses, liabilities, claims, costs and expenses (including reasonable attorneys' fees) arising from any breach of the certifications made herein. The obligations under this paragraph shall survive any closing or transfer and shall remain effective for a period of one year from the Effective Date except as to matters concealed by fraud.

General Provisions

This Certification constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior oral or written statements or agreements concerning the matters certified herein. No amendment shall be effective unless in writing and signed by both parties. If any provision of this Certification is found to be invalid or unenforceable, the remainder of the Certification shall remain in full force and effect. This Certification shall be governed by and construed in accordance with the laws of the state in which the Property is located.

Warning: False statements made in this Certification may subject the Certifying Party to civil liability and other legal remedies. The Certifying Party affirms the truthfulness of the statements made herein under penalty of applicable law.

Additional Supporting Documents

The Certifying Party shall, upon request, provide copies of recorded instruments, recent title commitments, HOA documents, inspection reports, environmental reports, payment receipts for taxes or assessments, and any other documents reasonably requested by the Recipient Party to verify the certifications contained herein.

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