Real Estate Compliance Document

REAL ESTATE COMPLIANCE DOCUMENT

Parties and Transaction

Property Owner/Certifying Party Name:

Receiving Party/Counterparty Name:

Transaction Type:

Property Identification

Compliance Checklist

The Certifying Party affirms the following statements with respect to the Property. For each item, mark Yes or No and provide required details where requested. A check of "Yes" indicates the condition exists or the representation is true as of the date of signature; "No" indicates it does not.

1. Lead-based paint disclosure (if structure was built before 1978): Yes No

2. Known asbestos-containing materials: Yes No

3. Known mold or water intrusion issues: Yes No

4. Property located within a designated floodplain or subject to flood insurance requirements: Yes No

5. Outstanding building code violations, notices of noncompliance, or unpermitted work: Yes No

6. Active pest or termite infestation known to Certifying Party: Yes No

7. Hazardous materials, underground storage tanks, or contamination requiring remediation: Yes No

Certifications and Representations

The Certifying Party hereby represents and warrants to the Receiving Party as of the date of execution below that:

1. All facts disclosed in this document are true, complete, and accurate to the best of the Certifying Party's knowledge and belief.
2. Except as expressly disclosed in this document, there are no pending notices of violation, orders to abate, or governmental proceedings materially affecting the Property.
3. The Certifying Party has not received any written directive requiring environmental remediation or public health action that has not been satisfactorily addressed or disclosed herein.
4. All installed life-safety devices required by applicable law, including smoke detectors and carbon monoxide detectors where required, are functional as of the date of signature unless disclosed otherwise.

Inspections, Access, and Remediation

The Receiving Party and its authorized agents shall have the right to conduct inspections and obtain records reasonably necessary to verify the matters certified herein, subject to reasonable notice and mutually agreed access. The Certifying Party agrees to provide copies of any relevant inspection reports, permits, correction notices, and remediation plans within a reasonable time following a written request.

If a defect or noncompliance is identified, the Certifying Party shall have the option to cure within a reasonable cure period specified in the transaction documents. Any agreed remediation shall be completed in a workmanlike manner and in compliance with applicable laws, and shall be subject to verification by the Receiving Party prior to closing or transfer.

Default, Indemnity, and Remedies

The Certifying Party agrees to indemnify, defend, and hold harmless the Receiving Party from and against any losses, claims, damages, liabilities, costs and expenses (including reasonable attorneys' fees) arising from any material misrepresentation, omission, or breach of the representations and warranties contained in this document. In the event of uncured breach, the Receiving Party's remedies shall include specific performance, rescission, damages, and recovery of costs and attorneys' fees to the extent permitted by law and transaction documents.

Notices

Governing Law; Entire Agreement

This document shall be governed by and construed in accordance with the laws of the jurisdiction in which the Property is located. This Real Estate Compliance Document, together with any referenced transaction documents, constitutes the entire agreement between the parties with respect to the matters herein and supersedes all prior oral or written statements, representations, or agreements concerning such matters.

Acknowledgment and Signature

The undersigned certify under penalty of perjury that the foregoing statements and responses are true and correct to the best of their knowledge and belief, and that they are authorized to execute this document on behalf of the party they represent.

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