Real Estate Color Update

REAL ESTATE COLOR UPDATE

This Real Estate Color Update ("Update") documents a proposed change to exterior and related paint or finish colors for the Property identified below. Applicant requests approval to apply the described colors and finishes. Approval, if granted, is limited to the scope, locations, and products described in this Update and is subject to the conditions, representations, warranties, and obligations set forth below.

Property Identification

Applicant and Property Owner

Proposed Color and Finish Details

Primary Color: Manufacturer:

Primary Color Code / Formula:

Trim Color: Trim Color Code:

Accent Color / Doors / Shutters:

Matte Satin Semi-gloss Gloss

Front elevation Rear elevation Left side elevation Right side elevation

Additional scope (garage doors, fences, trim, deck, other):

Schedule and Samples

Planned Start Date: Completion Date:

Paint chip sample: Color photograph(s):

Disclosures

Lead-based paint present on property? Yes No

Known water intrusion, mold, or structural damage affecting painted surfaces? Yes No

Prior exterior modifications or coatings that may affect adhesion or appearance? Yes No

Conditions, Representations, and Covenants

Applicant represents that the information provided in this Update is true and complete and that Applicant has authority to perform the proposed work. Applicant acknowledges that any approval granted is conditioned upon strict compliance with the specifications, color formulas, product brands, and finishes submitted. Any deviation from approved colors, products, or scope requires a new written Update and express written approval prior to execution.

Applicant shall obtain all required permits, approvals, and licenses and shall ensure that work is performed in a safe, workmanlike manner in accordance with applicable laws and manufacturer instructions. Applicant shall notify the Approving Authority prior to start of work and provide reasonable access for inspection.

Applicant shall complete the approved work within ninety (90) days of the Planned Start Date indicated above unless the Approving Authority grants an extension in writing. Time is of the essence with respect to completion.

Applicant agrees to indemnify, defend, and hold harmless the Approving Authority, its officers, directors, agents and representatives from and against any claims, liabilities, losses, damages, costs and expenses, including reasonable attorneys' fees, arising out of or related to the work performed under this Update, except to the extent caused by the gross negligence or willful misconduct of the Approving Authority.

Inspection, Remedies, and Default

The Approving Authority may inspect work at reasonable times. If work is not completed in accordance with the approved scope or the conditions of approval, the Approving Authority may issue a written cure notice specifying corrective actions and a reasonable cure period not less than fourteen (14) days. If Applicant fails to cure within the period, the Approving Authority may pursue any remedy available at law or equity, including requiring restoration to the prior condition at Applicant's expense.

Governing Law and Miscellaneous

This Update is governed by the laws of the state in which the Property is located. This Update constitutes the entire agreement between the parties with respect to the subject matter and supersedes prior understandings. Any amendment or modification must be in writing and signed by both parties. If any provision is held invalid, the remainder will remain in effect.

Acknowledgment

Applicant acknowledges that grant of approval does not waive any covenants, conditions, restrictions, or other requirements applicable to the Property except as expressly stated in writing. Applicant further certifies that Applicant will maintain approved finishes in a manner consistent with community standards.

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