Real Estate Updated Compliance Form

REAL ESTATE UPDATED COMPLIANCE FORM

This Real Estate Updated Compliance Form documents the current compliance status of the identified real property and the supporting documentation provided by the Owner. The Owner makes the representations and warranties below and agrees to the remedies and indemnities set forth herein.

Property Identification

Property Address:

Parcel / APN Number:    Year Built:

Party Identification

Compliance Checklist

Each item below must be answered. Where applicable, identify the date compliance was achieved, the documentary evidence provided, and any material exceptions or outstanding items.

Compliant: Yes No    Date of Compliance:    Evidence:

Applicable: Yes No    Disclosure Provided: Yes No    Date:

Issued: Yes No    Date Issued:    Certificate Ref:

All required permits obtained: Yes No    Permit Numbers / Notes:

Inspections completed: Yes No    Last Inspection Date:    Report Reference:

Known hazards: Yes No    If yes, remediation completed: Yes No    Remediation Date:

Located in special flood hazard area: Yes No    Elevation Certificate on file: Yes No    Date:

HOA obligations current: Yes No    Outstanding Assessment Amount:    Date Paid / Statement Date:

Taxes current: Yes No    Liens exist: Yes No

Liability and property insurance in force: Yes No    Carrier:

Treatments completed: Yes No    Service Date:    Provider:

Accessible features present: Yes No    Modifications completed: Yes No

Supporting Documents

List all supporting documents delivered with this update (title and date). Attach copies where required.

Inspection / Reporting Agent

Acknowledgement, Representations and Remedies

The Owner certifies that the information supplied in this form and the attached documentation are true, complete and accurate to the best of the Owner's knowledge as of the dates indicated. Owner further represents that, except as expressly disclosed herein, there are no material violations of applicable building, health or safety codes known to Owner, and no unremedied conditions that materially affect habitability or marketability.

If any representation proves to be false or incomplete in any material respect, the Recipient may pursue all remedies available at law or equity, including specific performance, damages, and recovery of reasonable attorneys' fees. Owner shall indemnify and hold Recipient harmless from claims arising from Owner's negligent or willful misrepresentation of compliance matters set forth in this form.

This form supplements and does not modify any existing purchase agreement, lease or management agreement unless expressly incorporated by written amendment signed by both parties. Any amendment to the statements contained herein must be made in writing and signed by both parties.

Governing Law; Miscellaneous

This form shall be governed by and construed in accordance with the laws of the jurisdiction in which the property is located. If any provision of this form is held invalid or unenforceable, the remaining provisions shall remain in full force and effect. This form constitutes the entire agreement between the parties with respect to the subject matter herein and supersedes prior verbal or written communications relating to the same.

Owner Certification

Owner acknowledges that false statements may subject the declarant to civil remedies and penalties available under applicable law. Owner certifies under penalty of perjury that the foregoing is true and correct.

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