Real Estate Forewarn Document

REAL ESTATE FOREWARN DOCUMENT

Date of Notice:   Property State:

Property Identification

Parties

Forewarned Conditions and Disclosures

The Discloser provides the following warnings to the Recipient concerning known, suspected, or reasonably discoverable conditions affecting the Property. For each item, indicate Yes or No. If Yes, provide the known details in the accompanying description field. These warnings are provided to alert the Recipient and do not substitute for inspections, tests, or professional evaluations.

1. Structural damage (foundation, load-bearing elements): Yes No

2. Water intrusion, flooding events, or chronic moisture issues: Yes No

3. Mold, mildew, or biological contamination: Yes No

4. Lead-based paint or lead hazards (for properties built before applicable cutoff year): Yes No

5. Asbestos, hazardous building materials, or known environmental contamination: Yes No

6. Termite, pest, or wood-destroying organism treatment or damage: Yes No

7. Unpermitted construction, renovations, or known code violations: Yes No

8. Pending notices, liens, pending litigation, or municipal orders affecting the Property: Yes No

9. Flood plain designation, history of flood insurance claims, or known flood risk: Yes No

Recommendations and Inspection Acknowledgment

The Recipient is advised to obtain any and all inspections, tests, and professional evaluations deemed necessary by the Recipient, including but not limited to structural, environmental, pest, roof, mechanical, and sewer inspections. The Discloser makes no warranty as to the condition of the Property beyond the disclosures provided herein.

Recipient Initials acknowledging receipt of these warnings:   Date:

Certification, Indemnity and Liability

The Discloser certifies, to the best of the Discloser's knowledge as of the Date of Notice, that the statements and representations contained in this Forewarn Document are true and accurate. The Discloser does not warrant completeness and encourages independent verification. The Recipient agrees that the Recipient shall rely on inspections and investigations, and the Recipient releases the Discloser from liability for unknown conditions except where such liability arises from intentional misrepresentation or fraud by the Discloser.

Indemnity: To the maximum extent permitted by law, the Recipient shall indemnify, defend and hold harmless the Discloser from and against any claims, liabilities, damages, losses, or expenses (including reasonable attorneys' fees) arising out of the Recipient's reliance on information other than the express disclosures contained in this Document or arising from the Recipient's failure to obtain inspections.

Remedies; Default; Governing Law

If any party materially breaches any material representation or covenant in this Document, the non-breaching party may pursue all remedies available at law or equity. This Forewarn Document shall be governed by the laws of the state where the Property is located without regard to conflict of law principles. Venue for any dispute shall be a court of competent jurisdiction in that state.

Miscellaneous

Entire Agreement: This Document, together with any attachments, constitutes the entire agreement between the parties with respect to the subject matter herein and supersedes prior written or oral agreements. Severability: If any provision is held invalid, the remaining provisions shall continue in full force and effect.

Sign Now