Real Estate Update Form

REAL ESTATE UPDATE FORM

Property Identification

Property Address:

Parcel / APN Number:    County:

Parties

Type of Update (check all that apply)

Ownership change    Mailing address    Contact information

Lease terms    Rent amount    Security deposit

Insurance requirements    Maintenance responsibilities    Tenant change / occupancy

HOA / covenant change    Utilities allocation    Other

Details of Update

Effective Date:    Date Submitted:

Financial Adjustments

New Monthly Rent:    Security Deposit Amount:

Rent Due Day Each Month:    Late Fee (if any):

Insurance, Maintenance & Utilities

Insurance Requirement Change: Yes    No

Maintenance Responsibility Change: Yes    No

Utilities Allocation Change: Yes    No

Disclosures

Lead-Based Paint Known: Yes No

Mold or Water Damage History: Yes No

Prior Structural Damage or Repairs: Yes No

Property Located in Flood Zone: Yes No

Outstanding Liens, Encumbrances, or Notices: Yes No

Certification and Authorization

By signing below, the Property Owner certifies that all information provided in this Real Estate Update Form is true, correct and complete to the best of the Owner's knowledge. The Owner represents that Owner has full authority to effect the changes described herein and agrees to indemnify and hold harmless the Manager and any third party relying on these updates for actions reasonably taken in reliance on this authorization.

The Property Manager (if applicable) is authorized to implement administrative changes that do not materially alter existing contractual obligations unless a specific amendment to such contract is executed by all affected parties. Any change that creates new financial obligations, extends term or materially alters possession rights requires a separate written amendment signed by the Owner and the affected party.

This Update Form shall be governed by the laws of the state in which the Property is located. This form, together with any existing management agreement, lease, or recorded instruments to which the parties are signatories, constitutes the entire agreement with respect to the changes specified and supersedes any prior oral or written statements specifically relating to those changes. No amendment shall be effective except in a written instrument signed by the parties.

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