Real Estate Vendor Disclosures

REAL ESTATE VENDOR DISCLOSURES

Vendor Name:    Buyer Name:

PROPERTY IDENTIFICATION

VENDOR REPRESENTATIONS AND DISCLOSURES

The undersigned Vendor affirms, to Vendor's actual knowledge as of the date signed below, the following statements accurately describe the condition and known facts concerning the property identified above. For each item marked "Yes" or "Unknown" provide a brief explanation in the corresponding explanation field.

Known structural defects (including settlement, foundation repairs or movement)? Yes No Unknown

Roof leaks or repairs within the last 10 years? Yes No Unknown

Past or present water intrusion, flooding, standing water, or drainage problems? Yes No Unknown

Problems with plumbing, sewer connections, or septic system? Yes No Unknown

Known deficiencies in electrical, heating, ventilation, or air conditioning systems? Yes No Unknown

Presence or suspected presence of asbestos, lead-based paint, radon, petroleum products, contaminated soil, underground storage tanks, or other environmental hazards? Yes No Unknown

Lead-based paint disclosure (if property built prior to 1978): Year built recorded above. Has vendor knowledge of lead-based paint or hazards? Yes No Unknown

Any history of termites, wood-destroying insects, rodents, or other infestations? Yes No Unknown

Additions, remodeling, or repairs affecting structure or systems that were performed without required permits or approvals? Yes No Unknown

Have there been claims for property damage or insurance payments relating to the property within the last ten years? Yes No Unknown

Any disputes, encroachments, easements, rights-of-way, or boundary disagreements that materially affect property use? Yes No Unknown

OTHER MATERIAL FACTS AND INCLUDED ITEMS

DISCLOSURE CERTIFICATION, LIMITATIONS, AND REMEDIES

Vendor certifies that the statements contained in this disclosure form are true and complete to Vendor's actual knowledge as of the date of execution. Vendor understands that omission of known material facts or the making of false statements may give rise to legal liability. This disclosure does not create any express or implied warranty by Vendor regarding the future condition of the property; purchasers are advised to obtain their own inspections and investigations. Nothing in this disclosure shall be construed to alter or supersede the terms of any executed purchase agreement between the parties, except to the extent expressly stated in writing in such agreement.

Remedies for materially false statements or omissions are governed by applicable law and the terms of the purchase contract. To the extent permitted by law, Vendor's liability for errors or omissions in this disclosure is limited to actual damages proven by the Buyer and does not include punitive damages unless specifically provided by statute.

Governing Law: The interpretation and enforcement of this disclosure shall be governed by the laws of the state in which the property is located.

ACKNOWLEDGMENT

By signing below, Vendor acknowledges that Vendor has fully completed this disclosure to the best of Vendor's knowledge and has provided Buyer with a copy. Buyer acknowledges receipt of this Vendor Disclosure.

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