Real Estate Structural Document

REAL ESTATE STRUCTURAL DOCUMENT

Parties and Contact Information

Property Identification

Recitals and Scope

This Real Estate Structural Document (the "Document") records the disclosure of structural conditions, the results of structural inspection, and any agreed scope of structural repairs or holdbacks affecting the property identified above. Owner warrants that the information provided herein is true and complete to the best of Owner's knowledge and that Owner authorizes access for inspection and for any agreed repairs as set forth below.

Structural Condition Disclosure

Foundation condition: Yes No

Evidence of prior structural repairs affecting load-bearing elements: Yes No

Significant settlement, sloping floors, or major cracks observed: Yes No

Roof structural issues affecting framing or load paths: Yes No

Inspection and Certification

Date of structural inspection:

Inspector certifies that the inspection was performed in accordance with commonly accepted structural inspection practices and that the observations in the Summary of Inspection Findings reflect the inspector's professional opinion as of the inspection date. The inspector's certification is limited to visible and accessible components observed at the time of inspection.

Agreed Structural Repairs and Financial Terms

Repairs required: Yes No

Payment arrangement for repairs (select all that apply):
Owner funds Credit at closing Escrow holdback

Agreed repair completion date:

Title, Liens and Warranties

Owner warrants that, except as disclosed in this Document, there are no known encumbrances, liens, or contractor claims affecting the structural components of the property that would impair Owner's ability to perform the repairs or to clear title at closing. Owner agrees to indemnify and hold Buyer harmless from any lien claims arising from Owner-authorized repairs not paid by Owner prior to closing, unless otherwise agreed in writing.

Default, Remedies and Enforcement

If any party materially breaches the repair obligations or payment terms set forth in this Document, the non-breaching party may pursue specific performance, damages, or other remedies at law or equity. If a dispute arises regarding completion of structural repairs, parties agree that obtaining a neutral structural engineer's determination shall be an agreed-upon step prior to litigation; costs for the neutral determination shall be allocated as agreed below or, absent agreement, as ordered by the neutral engineer.

Allocation of neutral engineer costs:

Notices

All notices required or permitted under this Document shall be in writing and delivered to the contact addresses provided by each party above. Notice is effective upon personal delivery or three (3) business days after deposit in first-class mail, postage prepaid, to the addresses provided unless a different method and address are mutually agreed in writing.

Governing Law and Entire Agreement

This Document shall be governed by the laws of the state in which the Property is located, without regard to conflicts of law principles. This Document, together with any referenced inspection reports and repair contracts expressly incorporated by reference, constitutes the entire agreement between the parties regarding the structural condition, inspection and repair obligations related to the Property and supersedes all prior understandings, representations, and negotiations.

Acknowledgment and Certification

The undersigned certify that they have read this Document, that the statements made herein are true and correct to the best of their knowledge, and that they are authorized to bind the party on whose behalf they sign. Owner further certifies that any known structural defects and prior structural repairs material to the value or habitability of the Property are disclosed herein.

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