Understanaling Whort Real Estate Agents Represer.lt Agents Who

Transcription

Understanaling Whort Real Estate Agents Represer.lt Agents Who
January
1,1999
Stateof Maryland
RealEstateCommissioll
Understanaling
Whort RealEstateAgentsRepreser.lt
Boforeyou decideto sellor buy ol renta homeyou leedto consider
thefollowinginformatiol.r:
AgentsWhoRepresent
the Sellen
Seller's.Agerrt;A_seilei'sagentwolks for the leal estatecornpanytbat lists anclmarketsthe propertyfor the sellers,or.
landlo|ds,andexclusivelyrepresertsthe sellersor landlords.ihai lneansthat1reor sherlay assisiflri buyeror.tela1ti1
purcltasingot rclting the propelty, but his ol her duty of loyalty is only to the sellercor iandlords.The seller.paysthe
seller''sagent'sfeesasspecifiedil a ,,vrittenlistjng agrcement.
Cooperating Agent: A coopetatingagentworks for a leal estaleconpany different liom the companylbr whioh tire
'ihe
seiler''sagentworl<s.
coopelatingagentcan assista buyoror tenantin purchasingor reuting a property,but his or.
hel'duty of loyaltyis only to the selle:sol landiords.
1he cooperating
agent's1beis paid by the ielleLsor landlords
throughthe seller'sagent'scoltlpany.
AgentsWhoRepnesent
the tsuyer
PresrrlnedBuyer's Agent (no written agreement):Whena pelsongoesto a teal est"te agentfor assistance
in findi|g
a houreto br"tyor follt, the agentis presumecl
to be replesentjng
the buyel andcan show the buyerpropeftiesthat are/?ot
listedby dle agetrt'sreal estalecolnpany.A presumedbuye/s agentmay nol rnakeor preparean offer or tegotiatea sale
for the buyer'.
The buyerdoeszol havean obligationto payanythingto theptesunred
agent.
I f fol any reasonthe buyerdoesnot warlt the agentto representhim or hel asa plesumedageft, eitherinitially or at any
lir?p.tlio buyercandeclineor terrriuatea presumed
agencyrelationship
simplyby sayingso.
Buyel's .A,gent(by rvritten agreement)rA bLryelor tenantmay erter into a wlitteo contlacLwith a real estateagert
'lhe
wirich plovidesthattl)e agentwiil represel)tthe buyeroi tenantin locatinga propefiyto buy or rent.
agentis then
known as the buyer'sagent.That agentassiststhe buyerin evaluatingpropediesand prepalingoffers,andnegotiatesin
the bost interestsof tho buye:'or tcnarlt.Tlre agent'sfee is paid accordingto thc writterl agreementbetweenfhe agent
and lhe buyeror tenant.Ifyou as a bllyel or tenantwish to havean agentreplese[tyou cxclusive)y,yoLrmustenterinto
a wlittel buyeragoncyagreemelrt.
DualA.gents
The possibilityof dual agencyariseswhen1hebuyer''s
agentandthe selle/sagentboth work for the salnerealestate
-fhe
company,aud the buyerjs interestedin p:operty listed by that colnpany.
real estatocornpany,or broker,is cailed
the "dualagent,"Dual agenl.s
do not act exclnsivelyin the irterestsof eitherthe sellelol buyer,or landlotdor tenant,
and thereforecalnot give r.rndividedloyalty to eitherparty.Thele rnaybe a oonl]ict ofinterest becausetlre termsofthe
seLlelandbuyelnraybe diff'eleutor advelse,
If both sellerand buyer,ol landlold and tenant,agreeto dual agencyby signinga Consentlor Dua[Agencyform,
then tire leai estatecompan),(the "dual agent")will assignone agentto rcplesentthe seiler or landlord(the seller's
agent") and another agent to represelt the buyer or ter']ant(the buyer's intra-companyagent").
"intra-cor.npany
Intra-companyager)tsmay provide the saureselvjcesto theil olientsas exclusivescller'sor buyer''sagents,including
by
advisingtJreirclientsasto prioe and negotiationstfatogy,providedtlte clierltsIiave both consentedto be represented
dual agency.
'l
Wirmh)g
Bdgcl{oaltjstate
Solurions
i5l3 wiDKn0llsDr sjtc213,Coll nbiaMD21045
jnrrcsrvbinstcfc.
Phorrc:410?308118
lax:4107308222
Prodoced with ZipFonnrM by RE FormsNet.LLC 18025 Filieen Mire Road. Clinton Tov/nshlp, N4ichiqan48035
LIS'TING
w\N ziororm.com
If either party does not agrec to tlual agency, the lcal estateco lpany rnay u,ithdlaw the agency agr.ocmerlt
tbr that
particularpropeltywith eitherthe br.tyeror selier,of both.If the seller'sagleenrentis tenniniied,ihe-seller.
nust theu
eitherIepresent
hitn or hersclfor arrangeto bo lepreseoted
by al agentfrori anothetreal estatccornpanl,.
lf the buyer,s
agreenlert-istertninated,the btl)'er or tetrantmay chooscto entet irto a writlell buyer ageucy agr.eement
with an agent
flom a diffelert conrPairy.Alternatively, the buyef or tenantrnay chooserot to be icpLcieLrteitb! an agentof Lrisor.her
own but sinrply to receiveassistancefiorn the seller'sagcnt,fron anotheragent in that company,or frrirn a cooperatilg
agentftom anothercontpany,
No nratterwhattypo ol'ago|t yoLichooseto wofl( with, you havethe 1'ollowing
rigtrtsalld responsibilities
in selliLrg
or.
buyingor fentiugplopelty:
F lleal estatezrgerltsare obligated by law to treat all partiesto B real estate tmr)sactiorlhoncstly ancifairJy.
They tnrtstexercisetcasonablecale and diJigenccard rnaintainthe coufidentialityof ciients.Tlrey mrrstnot
discliminatein the ofiering of plopcrties;the),mLtstpron.rptly
presellteachwrifteLroffer.or.countcr.ofl'er
to the
othcf party;andthey lnustanswerqrrostions
tfutlllully.
)> Real cstateagerts urus[discloscali nlatoriaifactsthat they know or should ](noq,relatingto a prope y.
An agent's
duty to maintaiuconfidentialitydoesnot applyto the disclosLre
of rlraterialfactsabouta properly.
witlr real estatoagentsshouldbe in writing and shouldexplair the cluticsald obligations
F All agreements
-fhc
of tho agont.
agrcementshouldexplainhow the agentrvill be paid and arry ltc-shatilg agreemeuts
wilh
other agents.
FYou have the responsibilityto pmtecl yolrl own intercsts.You shoulclcaralully fead all agreernets to
tnake surethey accuratelyleflect youl ullderstanding.
A r€al estataagentis q|la]ifiedto advisoyou ou real
estatenrattorsonly. lfyou ueed legalor tax advice,it is youl resporsibilityto collsulla licei]sedattouey or
accoulttantAny conplaintsabouta feal estttc agcnt may be filed with the ReailjstateComrnissionat 500 Nolth CalveftStreet,
B a l t i r r r o r\el D
, 2 1 2 0 2(. 4 1 0 )2 j 0 - 6 2 0 0 .
Tbis nolice is inforrratjou requiredby larv and is IrtrOTA COI{TI{ACT
tho E
and that
Sellcrs/t-andlord
acknowleclge
leceiptof a copy of this clisclosure
I Brryels/'l'enants
(firrnnane)
€-s*t'i- - Pe;"'..,-.i.js,,,'u-., -3f| *rrY"1;-*-.','
(salcsperson)ale working as:
q
seller/land
iord'sagent
T
B
dualagent(SeeCorlscntDual Agencyfolm)
tr cooperatingagent
DLrycr
s agert
ou nay checkrnolc thanone box)
t.-10-d0/
0
-/o'Zato
unable
to the individualsidcntifiedbelownrtdtheJ,rvere
I ceftifythator1tlrisdateI madetbe requiredagencydisclosu|e
statentsltt.
fccoiptofa copy olthis disclosure
or unu,iiliDgto aclcnowlcdgc
Sig[atulc of ageul
Nameof iudividual{o
Date
disclosurervasrrade
"vhom
wasuadc
to rvhotr disclosutB
Nameof individLral
pro.luccd wilh zip Fo.mln by R E Forf,sNet LLC l Bo25 Fiatean Mile Road, Cli|]ion l ov/nship,lvichigan! 8034
v/stz
olorh com
Jtnuary 1, 1999
STATEOFMARYLAND
REAI, ESTATECOMMISSION
C o n s e n tF o r D u a l A g e n c y
(In thisform, theword "seller"includes"landlord",
"buyer"includes"tenanl",and "potrchase"
or "sale"
includes"lea,se".)
Important Consiclcrations
Before Making a Decision
About Dual Agcncy
WhenDualAgencyMayOccur
The possibilityof dualagencyarisesr.vlren:
F
F
'lbe
buyel is interestcd
in a propedylisted
by a realestatecompany;and
GA dual agenl doesnot exclusively represerlteithel the seller or
buyer and thele may be a conflictof
intelest becausethe interestsof the
sellel and buyer'nray be diffelenl or'
advelse.
The seller's agent and the buyer's agent
work for tlrat samereal ostatecolltpany.
Befole the buyer and sellel can proceed to be
Ieplesented
by a dual agert, they must both sign a
ConsentFol Dual Agency.lf they have previously
signeda ConsentFol Dr"ralAgency, they rnust affirm
their conselltfor the sale of a particularpropeftyto a
particularbuyer.
L4P
As a dual agent,the realestate
corlpalry does not owe undivided
loyaltyto eitherthe sellerol buyer'.
YourChoices
Concerning
DualAgency
Wbeua dualagencysiluationin I'actzuises,tlrebuyerandsellelhavethefollowingoptiolrs:
l.
Consentin ryliting to dual agency.lf all paftiesconsentin writing,the rcalestatecompally(the"dualagent")will
assignone real estateagentfi'olr Lheconpany to lepresentthe selleror landlord(the seiler''s
"intra-company
agelrt")and anotl]eragentfrom the cornpanyto lepresentthe buyeror tenant(the buyer's"intfa-companyagent").
Intla-cornparyageLltsmay plovide the sarneseLvicesto theil clients as an exclusiveseller''sol buyet'sagent,
includingadvisingtheirclientsasto pliceandnegotiation
shategy.
2. Do not consentto dual ngency.If eitherthe buyel ol the seller,or landlordor tenant,refirsesto consentin writing
to dual agency,the roal estatecorrpany must telminatethe agencyagreemer)tlbr that particulal prope(y with
is teminated,the sellermusttbeneitherrepresent
eithefthe buyeror the seller',
or both.If the seller'sagleemeut
hirr or herselfor armngcto be lepresentedby an agentfi'om anotherreal estateconpany. lf the buyer'sagreenent
is teflninated,the buyel ol tenar'ltmay chooseto entefirto a written buyeragencyagrcernentwith an agentftom a
by an agentof his or her own
differentcolnpany.Altelnatively, thc buye| or tonart nay choosenot be represented
frol1rthe seller'sagent,flour anotherage]rtitt that compatry,ot fiorn a coopemting
but sirnplyto receiveassistance
agentfi om anothelcompany.
'hvir
- CorporAtc
KnollsDr Slc213Columbia,
MD 21045
WhrningDdgclicAlEsllltcSolutioDs
5513
Ji Binrslclbr
Phone:410-730-81l8
faxi 410-730-8222
Produced with ZipFoffiO by ziplogix 18070 Fifieen [,lile Road, Fraser, Michigan48026
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Dutiesof a DualAgentand Intra-Company
Agent
Like other agents,dual agentsand intla-companyagertslnustkeepconfidentialinlbrmationabouta client'sbargaining
positiollor ;notivations
unlessthe cliont gives consentto disclosethe infolmation.For.exanple,a dual alent oi
intra-companyagentrnaynot tell the othel party,or the otherparty'sagent,without consentof the clientj
>
F
)>
>
o
anythingtheclientasi<s
to be keptconlidential*,
thatthe sellerwould accepta lolverpriceor othcrterms,
the reasonswlty a party wantsto sell or buy, or
thata partyneedsto selJor.buy quicl<ly
HoweveL,Iilteall agents,a dual agentand intra-company
agentmustdiscloseany nratelialfactsaboura p:'operyro
the otherDar1v.
HowDualAgentsAre Paid
Only thedualagentreceives
compensation
olt thesaleof a propertylistedby thatcompany.
lf a finaucialbonusis offetedto an agentwho sellsplopeltythatis listedwith his company,thisfactrnustbedisclosed
in writingto boththebuyerandsoller,
I lravercadthe abovoinfornrntion
consentto a dual agency,and that if I do rot consent,therewill not be a dual agency.I helebyvoluntarilyconsentto
nave
act as dual agentfo| rneasthe:
(F-irn Name)
fl
sellerin thesaleofthe propertyat:
f,
buy.r in theprrlchase
ol'anypropeltylistecll'orsalewith theabove-r'efelonced
firm.
'c: '
-/a')n/A
?a/ts
AFFIRIvIATION
1'heundersigned
Scller(s)
herebyafl-rrrrsconsent
to DualAgency:
Signature
Date
Date
Signatufe
The undersigned
Buyer(s)herebya1firmsconsentto dualagency:
Signature
Date
Signature
Date
Produced
wilh Z pFomo byzipLogix 18070FitteenlVileRoad,F€ser, Michigan48026
Plopelty I-ocation
www.zioLo0ix
com
GENERALADDENDUMT'OCONTRACTOF SALE
F'ORUSEWITH THE MARYLAND ASSOCIATIONOF RDALTORS@
RESIDENTIALCONTRACTOF SALDFORM
Addendum
Number
to Contfactof Sale(rhe 'Contmcr')
dared
Buyer(s)/Tenant(s):
Seller(s)/Owner'(s):
Propelty:
I' LIGAL IIEQUIRIMENT: A Conlractfor thc saloof feal prope(y is requircdto bc in \vfitingto bc cnlbrccflblo
uDdcfthc lawsofthc Starc
ol' Maryland.Once signedby lhe partics,thc Corlr"ct bccongs a legally birding agrcement.1lre origiDaltcrms of the Contmctcal only be altcred
conrp9to|rtadvicei1.thcydonotundeis1andanytcnn(s)ofthecon1|ac1.TlrcbIokel/agcntis|cquirodtop|omptly
ihc Sellcr.
2. INTENDED UStrr The usc ol'a particularpropclty nray bc limilcd or restfictcdas a rcsult of zoning laws, local ordinancasdnd/orfestfictivc
covenanlsapplicabloto thc pfopefty.The Contractof Saleform provjdedby tho broke/ag€n1is designcdand intendedfor usc ouly in thc purchasoand
Salefornmaynotadcquatclyservetop|otcctBuye|,sinterest5!vithoutth0a(|ditionofaapproplift0clausc
olfcr upon a dctcrDinatioDthat Buyer'sinto[dcd 0soof thc Prcpo(y will be pcmittcd.
3, SETTLDMINTI All personsto bc in tillc and/or rcsponsiblelvherg a nlo*gage is 10 b0 crcatcdshorld be prosentnt thc tiDrc of sotllcnlcnt
and may b€ tequifed to provide proper identilication.Prior to senlcnert, a lender lorn']ally rcquiros that Buyer obtrh and provido a irlly paid
prcparcdal thc time of scttlsmel to pay thc settlemcnlcostsand drc balancedue underthc Conlract.Buyer must pfovide cash,wifcd fulds, bank
chcck orce ificd chccklor amouDlsto b9paid at scttlemont.ln somccascs,Sellefmay be requiredto provklg funds ir cxcossofthc salesprocccdsiD
oldeIforsettlementtooccur,inwhichovcnt,scIlcIalsoshouldbcpt'0pa|edtomakepaymentinanapprovedfoI|n'Anypal1yunceItainoftheamou
requi!0d al.sctllcrrgDtshouldmake
water servicein Buyer'snalnecommencingthc day ol'setllcmeDl.
4. CROUND RENT: 11'aPrope|ly is subjcct to an cxistiDgground rent as providedin a leaserecordedtuloug the Land Records,or ifa ground
rent is lo bc crcatcd,Scllol rvill makethosedisclosuresrequifedby ldw by a0 appropriateadditiollalclauscor addondurlto t|c Contract.
5. RENTAL: [f aDyDortiouof the I'>ropeftyis to bc rontedt0 tcnanlsby Buycr, thc local govclnment may rcquirc Ihat the Prope]tybc rcgistcrcd
prior to ry rgntala1d a yearly rcgistralionfee may be assessed
by the local governrnent.You 0ray call the appropiate govenmoDtoffice for funhcf
atcsctfolrinthecontract.Effccti\,coctobcr1,l994,certaindisclosu|esaroroquircdrcgardingtheproscncooIleadpaill1]ceIla|nI9j
6. PROPERTYLOCATBDINBALTIMOILECITY:Tc:urt'sRightofFirstRefus.l:Il'thepropertyis,orhasbccn,withinsix(6)morthsofthe
provisionsolTitlc I3, Subtille6 oflhc BaltimorcCity Code(2004EditioD,as anlended).
Transfer Ccrtificatc:The z-oning
ofBaltimore
ordinance
Cily, Sub{itlo5 olthe B
d\velling)shallattachto the Contractor iDstrumentol'conveyance,a TranslerCc(ificate issuedby thc Ballimofc City Zoning Adniuislration.
7. BQUAL HOUSING OPPORTUNITYT A REALTOR@ is rcquiled by foderal, state and locnl larv, and thc Codc of Elhics of the National
nssociationoI REALTORS@to trcal all parti
marital status,
!tousing [,aws.
8. IIOMBOWNER ASSOCIA.TIONS/CONDOMINIUMS: If a Propertyis pal1 of r devclopmcntsubjcct to thc inrpositionof nraDdatoryfccs
as dclincd by 1beMafyland I-iomcownercAssocialionAct, aDd/ora condominiunrunit, Seller will nrakethe fequircd disclosufcsby an appropriate
addendurnto thc Conhact.
9. COVENANTS AND RDSTRICTIONS ^,FFECTING PROPERTYi A mqiofity of honlos.whcthcr new or rc-salo,locatcdir a srbdivisio[
dlcsUbjocttoceainrcst|ictio0sapplicableto1llcuseo].tho
restrictionsaroIef9rrcdtoascovenaIrtsand.ir]thecaseofPropcl.ty5ubjocttoaLIonreow|1e|l
arc co tainedilr a Dcclafalionof Covenautsand Restrictionsas well as th9 I]ylaws of the Associatior. I'iowevcr,Inanypropcrtiesarc alsosubicctto
covenantseventhoughtbcProportyisnotsubjccttoal]oloo\\!lo|sA
any covenantsand festfictionswhich may be applicablcto thc PropoLlywhich is beillg considercdfor purchasc.
FOtu\418l5Rcv.8/05
P.r\CEt OF3
- Corporale
MD 21045
winningEdgcRealEslrtcSolulio'rs
5513TrvioKnolhDr Slc213ColLriubia,
JirrrBinrstcfcr
fax: 410-730-8222
Pho)le:410,?30-8118
Michigan
48026 W{4d4aip!99i4:40
MileRoad,Fraser,
wjthZipFomObyzipLogix18070Fifteen
Prcduced
LIS NG
10. PRIVATE AGREEMENTS: Sorne communities nay bo subiect t0 agreemcnts,covonantsoL rcstfictions rclatj,tg to the cost ol ca(ain
majntonanceitcNs,IeSt[ictillg|hcusc0fPIop9(ieso|dealing!vithotherma1t9IS'
'l'hesg
privatoagfeementsdo not lall withil lhe fequifed discLosures
agreemonls.
of FIOA of cor]doDiniumlaws and may or nay not bc fccofded.
lluyor shouldrnakeinquilicsof Sellerprior to or al tho timc ofConrfrcr.
I l, WETLANDS' WATDIIWAYS AND/OR I'LOOD PLAINS: lluyer is advisedth{t, il'all of a t)o ion of tlrc Propcrly has wetlaudsand/or'
waterwaysot is locatedin a designatedRood plahr, the approvalof the U.S. Army Corys of Dnginecfs(the "Corps"),thc MarylandDcpartmcniof
Natu|alRcsou|ccsandothoI|cdcIal,staleorlocalagoncicsmaybenecessarbe|o|cabUildingpc|Irritfo|cithcn0w
impfovementof the l'ropefy caD be is$ucd.Additionally, Lhcfutue usc of existing inproved ploperly nlay bc rcstrictcddlc lo thc pfcso0ccoI
wa19lways,wctlands,an<l/or.foodplains.InJbm]ationas1o$,ctla|1ds,watc|waysand/oIoo
corpsat(4l0)962.3670'tI1cMalyIaIdDepa[men1ofNitu|all1csou|0esat(4]0)974.384]orthool.IiccofPlal)ningalldzoningo|thccou1y0|c|1y
inwhichth0PIop0rtyissitUa1ed.ThcBuy0|cxp|cssl],assLllI9stheIiskthatth9Prope|tyl]laybcsubjcct|ol.eSl|icti0sduc
waterways,welland,and/orflood dcsignations.
12. REFORESTATION: (Not€: Applicable to prope{y contailring40,000 or more squareleet of land.) Buyer is hercby adviscdthat if Brycr
jnteDdstoapplyIo|subdivisionorsi1cPlanapprova1oragradingot'scdimentcontl.o|pc[nitupol1tlcPIopo|ty,
lequireasaconditionofsuchapprval1hatBuycI.s!lbllitplansacccp
1brcs1!vhichhasbecnlocently|cmoved.andcohscrvjngthccuttingandcl€a|ingoftrocsinaccordancawithapplica
BE,,
13, CHESAPDAI(EBAY CRI'IICAL ARDA: 11'allorapol1ionof a Pfopeftyis localed\vithin 1,000lcct of tidalwateNolthc Chesapcrke
thc|cmaybcfcst|ictionSonilr9uscaId/ordovclopmentoI1hePIopedy'Addi|ionaIinfo|[laiionregatdil1g
availablcftom tho Cfitical ArcasProgfanrestablishcdby thc local goverDment
ofeach countyin lvlarylancland llallinroro Cil),.
14, BWI AIRPOITT NOTICET Sonrc pfopcrlics$ay bc locatedin tho Baltimore/Wasbington
Internatior)al
Aifport Noise Zone. A Buy0l
rcgarding
the
desiringto obtaina copyofNoiscZo|c Mapsrna),do so by callingtheBWI NoiseandAbatenrent
Olnceat (410)859-702L lnformaLion
locationofothcr airportsald thcir opcrirtionsrray bc obtriDcdby calling tllc local zoniDgot]lcc tbr d1carcain which the Pfope y is located.
that, as a conditionof rnakiuga rnortgagcloan. londcls may rcquirc proof ol' hazardinsufancc
15. INSURANCE: Buyer acknowledgcs
coveragcand may alsorcquifcflood insurancccovcragc.
16. PROPERTY CONDTTION (HOME INSPECTION): lf thc appropfiatcooDtingcncyis includcd iD thc Cortract, homo iuspcctionlirnrs
may be employcdto inspccttbc
systemsandcomponcnts'1heroofng'cx1eIioIandinterioIwaIls,ccilingsandfoo|s,foundationud/o|bascnlcnt(incltldingcl[onicw21toI
penetIatioD).IftheP|opcl'tyispaofacondominium.lJuycr,sIightsiIclud9acccssto1hcconnnol]alcastopc|foIlltfcinspcction.
17. PRM'I'E WAl llR AND SITWAGB SYSTBMS: Many propc{ics arc soNiccd by wells and/or privatc watq and/or sewagesystorDs.
LoctlIlawsol.londe|sm|yrqui|cva|ioustc5tsand/oriispcctions,IfthcP|opcI1yisseNiccdby[nysuchsystcm'
scpafateaddcndumto the Conlr'act.
'l'hore
^fe many ha,iafdousDratcrialslhat could ail:ect a
l{J. ENVIRONMIiNTAL CONSIDDRATIONS; I.II\ZARDOUS MATBRL,\LS:
Ptopcl.1y'1.hcBrokelsand1oiIagcDt5willgcncmI|yl)avenoknow]cdgc
asc€rtainor adviseyou oftho prssellceof sigrilicance ofthcsc haardous natcrials, Buygf has lhc fight to rcquestJas a oorlditioDofan ofl'erand,
subject io acccptancsby the Sollcr, thc cmploynrentof a spccinlistof Buycr's choicc lo providc a0 analysisof hazlrdousnatcrials lvhich mily bc
present.}Iaza|dousma1e|ialsinsidethchonrccaninc|udo,butareotlin1itod
to, thosefound in cont
(MDE) a1(a10)537-3000.
MarylandDepartment
ol theEnvironment
trcatcd(fRT) plywood as roof shcathingmay rcsult in thc loss of
19, nIRD-RDTARDANT TRtrATED PLYWOOD: Ihe usc of firc-r'etafdant
wood shcngth throughthoninl
tornpcr.aturJlcvclsarlcIthcdcgrcc;rmoisturcp|oscntiothc|oo1.at)(Iatticsystcms'
thoNationalAssoci^1iononI.IomcbuiIde|s01(800)368-5242.ForirrfoIlnatiolla5towhethc|aPropgI(ywasoost1lct
contactthe local Dcpartmenl
DtcscDt,
ITORM
3815Rov.8/05
PAGD2 OF3
48026
byzipLogix 18070FifteenMileRoad,Fraser,I\,'llchigan
Produced
withZipForm@
wwwzioLooixcom
LIS'I'ING
'[he
20. RADON:
MDE and thc U.S. l]lrvifonmen{al
ProtactionAgoncy(DPA)lravcfound levclsof naturallyoccuningmdon in sono arcasof
Maryland that excaedthe levelsconsidcredacceplablcby thc EPA. St0dicshaveshorvnthat extendedexposurcto high levelsolraclon can advorccly
nffoot youf hoallh.Rad0ntesringfint)s
actionsto be takcn to decreaseconcenhationsoI rador to an acceptablclcvcL.Buycf is adviscdto contactthc Ce|ter for. Iladiologicaillcalth at the
MDD at (410)537-3000
fof Iudhcrinlbunalionon |aclon.
21. LEAD PAINT: "l'hcMDll has found lhat rnany ltonresbuilt belbrc l9?8 conl?rinlcad paiDr,thc iDgcsrionof rvhichcan be pa icularly
dangerousThe potentialdangers
oflead paintmay b9 grcatly exacerbaled
by repairsanclr€novalionsperlbr.me-d
without the assistarccola qualifiect
lcAd Paint rcnoval spccialisl.Buycr is adviscdto contactthc Lcad l,ainr I'oiso;ing PrcvonrionDjvision oI rhe MDD at (410) 537"3000fo; fufrher
informationon leadpaiDt.Spccialislsarc availableto detgmiDc if lead paint hasbecnuscdin a Proporty.In sonrecases,le;d pairlt inspgctionmay be
man0atoly,
?2, ASBDSTOS: nsbcstos has bccn uscd it rosidcrltial plope(y for insulaliol, fircprooling, acoustical, decoralivc arr( oltlof pulposcs.
Common usesof asbestosinclude insulatioDarour)dboilcru and pipes,slfacing material,cciling an<jfloor tiles, roofing rnaterial,wallboarcl,and
ccn]entpipc.lnlpt'opc|handlingorfonroValofasl)cs)sdurin8Ieno
ai6orne, potontiallycausinghcalth|isks. Buyof is advisodto contactthe MDE at (410) 537-3000for lirnhcr iDfornationon asbeslos.
23. AVAIL^.BILITY
OF LIMITED
WARRANTY:
A Limitcd Wormrly rDa),be -va lable ibr purchasethrough a Broker. Such a j_i ilcd
applianccs
bccolnojnopemble
or fail duringa specifiodperiodoltilnc (usuallyoncyearfrolnscttlcmcnt).
24 NEWLY CONSTRUCTED RESIDENCES: a) Now l{ome Warfanty Plan: If a Propcrly is a ncwly constrLrcted
divolling, Maryland law
requircsthal Scller/Buildcr
provideB
attached)ib)InsulationiSollct/Builde|mustinfo|nBuycrofdlelocation'typc0n(I{lrjckncss(RFactor)ofinstllationuscd
n0w|ycolls1rctcdrcsidence;c)Watc/ServerSer.vicc:aP|0pc|tyDraybcsubjccttoalccolassessmo|1lwhichpurpo[stocoveIo|dc
installingormaintajDingallolpaItol.th9public\v
SellerlvillplovidcBuycr!vithadctailcdw|ittcDdisclost|reofthean
25.cEll.l1FIcATIoNs:DcpcDdiDgupontlrctyl]co|ntongagcnppliod|olbyBuyel,lenclcIsnraylequir'ccel'taico(if0ations
Properlyor requireinspcclions/appraisals
thal certily that tr Propertyis frec ofspecilic hazar.ds
or conditions.
26. FHA PREPAYMDNT: Irl-lA rcSulalionsspecil), that if thc loan is paid in I'ull on xhe first day of a rnonth, inroresrfor rhar monrh is not
payable.but iflho lodDis paid in lirll on ony day other tlro,rthe fifst day ol'a moDlh,intcrcslmay bc pzryablcthrooghlhc ctd oflhflt month.
27. NOTICES/FAX TRANSMISSIONS: Unless othcrwise pfo!,ided herciD or in anothcf Acldcndunl,any noticc to Buycf shall be clTective
when deiivgrcdto Buyer 0r an aggntof Buyor, and lny noticc 10Scllef shall l,e elTactivowhen deliveredto Scllel.ol an agcDtof Scllcr.Noticcsundcf
thc Contraclshall
(fax).A tclecopyof a si8ncdolbr, accoptance,
telecopier
addendunor noticeshallbe dccmcdtho cquivalcntof Uteoriginaldocumellt.
Whils not
|cqui|od,itissu8gcstcdth4tdocn1cntswithorigi|)al
Contiact.
(SDAL)
Buycr(s)/feDaDt(s)
Datc
- ?-a1a
l - / 6 DaI€
t--/0- ;nl0
Darc
'fhc
o0)eradvlcc,
CrcalerBaltinorcBoordofREAI,'IORS(ll,
Inc.
CarrollCounly
Association
oI REAUIORS@,
I0c.
Associalion
lncHartbrdCouDly
of RE L I'ORS@,
I-loward
CounlyAssocialion
ol llt^L-j'ORS@,hrc.
'fhc
l:OItM 3815ltDViSllD8/05@2005 GrcaterB?llinorcBoardof ItDALIORSCD.
lnc.
PACE3 0F 3
Produced
withZipForm@
by zipLogix18070Fitteen[,4ileRoad,Fraser,Michigan48026
www.zipLooixcom
LIS'TING
PlopeltyAddless:
Yeal Constructed
Disclosureof Information on Lcad-Based
Paint and/orLead-BasedPaint I{azar.ds
FederalLead Warning Statemcnt
A buyet/tenartt
ofany itttereslin lesidentialrcalpropertyon whicha residential
dwcllingwas built pr.iorto 1978is notificcl
llla-rsuchploperryInaycorllainlea(l-based
paintarrdthal cxposurc.to
lcadll'ornlead-bascd
paint,faint clripsor.leadpailt
dusl.rnayplaceyoungchildr€nat r.isJ<
ol'dcvclopinglcad poisoningif not nranagcdpropdrly.Lead t)orsolrnqlr volrne
chlldrelrlnay PlodLrce
pcrrnanentIreurological
dlrnage,includinglcarningdisibiliiics, reducedinielligcnciqu6rieni:
p[oblems,.ancl
oellavloral.
ln]Patred- tnentoly.Lead poisoningalso posesa parriculalrisl<to pr.egnan'i
wornin. Thc
selievlaLlolord
ol any ll)lcrcstln restdcnltal.rea.l
propeltyis requiredto discloseto the buyer'/lcnarrt
tl]e presel)ce
oflknown
lcao-Daseo
parnthrzardsand to ptovtde.the.buyci/ter)anl
witlr any infor;nationon lcad-bascd
paint hazar.ds
liorn risk
assesslncnts
or Illspectlolls
lll flle scller's/laldlord's
posscssion.
A tenantrnuslreceivea fcder.allv
aoor.oved
oamohlet
on
lcad.poisolling
pre\entior),
It is teconttttended
thata buycr corducta lisk rsscssrncnt
or inspcctioir
l'ciripossibl'c
ledd-bascd
parnthazatds
pl tor t0 purchase,
Scllcr's/Landlord:s
Disclosure
(a) Plesence
paintand/orleacl-based
oflead-based
painrhazar.ds
(initial(i) or (ii) below):
(i) -/
l(rown lead-based
paintand/o:'Iead-based
painthaza:'ds
ale plesentifl the housilg(explail).
tfi1fu+r1-*62nef{erlLandlold hasno l<nowledgc
of Iead-basecl
paintaud/ol lead-based
paint hazarcls
in the housing.
(b) Recordsandleportsavailableto tlreseller(initiaJ(i) or (ii) below):
(i) -i
Seller/Landlold
hasprovidedthe purchaser/tenant
with all avaiLable
fecordsand reportspeltainingto
pairrtand/orlead-based
lead-based
painthazards
in thehousing(listdocuments
beLorv).
()Y)Ly4M'Yeller'll-and
lolcl has no reports or recordspertainiDgto lead-basedpaint and/or.lead-basedpaint
74hazar'ds
in tlrehousins.
Buyer's/Tcnant'sAchnowledgrncnt
(initial)
Buyer/Tenant
has|eceivedcopiesof all inlbrrnation
(c) _l
listedin section(b)(i) above,if any.
(d) ..".""""..""....._/ Buyet/Tenanthasleceivedthe pamphletProtectYourFantilyfrom LeaclIn YourHona
(e) Buycr has(initial(i) or (ii) below):
(i) _/
receiveda lO-dayoppor-tunity
(or rlutually agreedupon peLiod)to conducta risl( assessnlent
or
inspection
lbt the presenoe
paintand/or'lead-based
of lead-based
paiuthazards;
or'
(ii)_l
waivedthe oppoltLrnity
to conducta lisl<assessment
or inspection
for the plesence
paint
of lead-based
painthazards.
and/orlead-based
r o w l c d g n r e n( itr ) i t i a l )
genthasinformedthe Seller'/Landlord
of the Seller's/Land
loLd'sobligationsunder'42 U.S.C.4852(d)and is
iware ofhis/herlesponsibility
to ensurecornpJiance.
Certificationof Accuracy
The followingpartieshavereviewedthe irrfolmation
thatthe infolmation
aboveandcertil'y,to the bestoftheir l<rrowledge,
providedis tlue andaccurate.
t]rey
0- ?z p
Date
Drtc
Buyer/Tenant
o'do/o
Buyer/Tenant
Date
Buyel's/Tenant's
Agent
Date
F-1A/07
\\,imiDn Edsc Rcil Eidc Solurio
rin Bi$lcfcr
48026
Producedwilh zipForm@by ziplogix 18070FilreenL4ileRoad,Fraser.N4ichigan
!444!Zi0tgqilag!0
MARYLANDRESIDDNTIAL
PROPERTY
DISCLOSURE
ANDDISCLAIMERSTATEMENT
l'ropefiyAddress:
LegalDescription:
NOTICE TO SELLERAND PURCI.IASER
Secrioni0-702 ofthe Rcal?ropefy
[t1i:,lg,ll1!9!qted Code of Matyland, roquiresthe owner ofce(ajl residentialreal prope y10
lurnish to the.purchaser
either (a) a RESIDENTIAL PROPERTYDISCLAIMER S'IATEMENT staringthat the owner is'seliing'the
propefiy "as is" and makes no rcpresentationsol wa antiesas to the condition of the property or. iry improvementson thJ r.cal
g_of:Iry,_9{!ePt-T otherwiseplovided io the contmctof sale,or iD a iisting of larentdef;ct;; oi 1u; a ruStbanftAL pROpERTy
DISCLOSURESTATEMENT disclosingdefectsol other infornation abouithe sondilion of the Leaipropefy acruallyknown by tlre
owner, CeLtaintransfersoftesidentialp:'opertyare excludedfion thjs requirement(seethe exenptiorlslisteitbelow).
l0-702,EXEMPTIONS.
The followingarespecifically
excluded
fi.omtheprovisions
of g l0-702;
1. The iuitialsaleofsinglefanrilyresidential
realpropety:
A. thathasnevetbeenoccuDied:
or
B. forwhichace ificxteoi occupancy
l)asbeenissuedwithil 1 yearbefurethe sellerandbuyerenterintoa contmct
olsale;
2. A transfer
thatis exernptfiom tho tlansfertax under$13-207ofthe Tax-Property
Adicle, exceptlandinstallnlent
contracts
ofsalesunder$13-207(a)
(i I) of the Tax-Pfoperty
Atticleand optionsto purchase
realpropeityunder913-20?(a)(12)
of
the Tax-PropenyArticle;
3. A saleby a lenderor an affiliateo[ subsidiary
of a lenderthatacqui]edthe realpfopeflyby foreclosure
or deedin licu of
IOreclosule;
4. A sheriffssale,tax sale,or saleby foreclosure,paftition,or by courtappointedtrustee;
5. A tlansferby a fiduciaryin lhe courseofthe administration
ofa decedent's
estate,guarclianship.
conservatorship,
or trust;
6. A transfer
of st'ngle
fanily residcntial
realpropedyto be coDvefedby the buyeriDtouseothertltanrcsidsntial
useo[ to be
denolished;
or
7. A saleofunimplovedrcalproperty.
Sectionl0-702alsotequifestheownelto disclosejnforrnation
aboutlatentd€ftctsin the properlythatthe ownerhasactualknowledge
ol'i'he ownerrnustprovidothis infonnationcven ifselling the property"as is." "Latentdefects"are definedas:Matefialdefectsin
real plopertyor an rmpfovenrent
to leal propetly thali
(l) A purchaserwould
not reasonably
be expccted
to ascertain
or obserye
by a cafefulvisualinspection
ofthe realproperty;and
(2) Would posea directthreatto the healthor.safctyof:
(i) tLe purchaser;
or'
(ii) an occupant
01'therealprope(y,includinga tenantor jnvitecol'thepurchaser,
MAIIYLAND ITBSIDENTIALPROPERTYDISCLOSURESTATEMENT
NOTICE TO OWNERS:Cornpleteand sign this statement
only il'you electto disclosedelbcts,includinglatentdefects,
or other
infonnationaboutthe conditionofthe properlyactuallyknown by you; otherwise,sign the ResidentialPropertyDisclaimerStaternent.
You may wish to obtainprofessionaladviceor inspectionsof tlre prope*y; however,you are not requi[edto undertakeor provideany
independent
investigation
is basedon your
or inspection
ofthe plopefy in orderto makethedisclosure
setforthbelow,The disclosule
personal
knowledge
ofthe conditiono1'thepropenyat thc timeofthe signingofthis staternent,
NOTICD TO PURCI-{ASERS:
The inlbr atiorl plovided is the representation
ofthe Ownelsand is basedupon the actualknowledgeof
for an inspectionby an independent
homeinspection
Owne$ as of the dateDoted,Disclosureby the Ownels is not a substitute
is not a waruanty
by theOwne$
company,andyou maywish to obtainsuchan inspection,'fhe
information
contained
in tlrisstatement
as to the conditionof the prop€ftyof wbich the Ownershave no l(nowledgeor other conditionsof which the Ownelshave no actual
knowledse.
How Iong haveyou ownedthe properry?
PropertySystem:Water,Sewage,I{eatiDg& Air Corditioning(Anslverall thnt apply)
WaterSupply
E I'ublic
I Wcll
O Olhcl
(# bcdroorm)
appfovcd
for SewageDisposal
E ScpticSystem
Q I'>ublic
CarbageDisposal
ONo
S Ycs
Dishwasher
ENo
I Yes
Fleating
E Elcclfic
E Ilcat Pumt)n gc _
tr oil
Q Nfltufal Gas
Natural
Elcctric
Oil
Cos
E
Air Conditioning
O tlcat I'uolpAgc E
E
.tgr'Hot Water
E NatuulGrs
f tltecrricCapacitylo oil
l'nge I of4
W i n n i i g E d g c l l c d E s t r t c S o l L r l i o n s - C o f p o r a l c 5 5l1- l3v i nK n o l l sD r S t e2 1 3C o h r m b i aM, D 2 1 0 4 5
Jim Bimstcfer
F^xt 4lO-73O-a222
P h o n e4: 1 0 - 7 3 0 -I818
48026
by zipLogix18070FifleenMileRoad,Fraser,l,'lichigan
Producedwilh ZipForm@
!444rye!ptaqi4sa4
Q Odtct
Q Othof
Tl othcr
Pleasc
indicrteyouractualknowlcdge
rvithrespect
to thefollowing:
l. Foundation:
Anysettlemetrt
or otherproblenrs? Q Ycs
Comments:
El No
E Unkrown
2. Basernent:
Anyleaks
or evidence
ofmoisture?
Corrnrents:
O Yci-
ONo
Q Unknorvn
3. Rool Any leaksol evidence
ofnoisture?
E Ye$
INo
(] Unknorvn
Typeofroof:
Comrnents:
[s thoreanyexistingfir'eretardanth.eatedp]ywood? fl ycs
_
Comnrents:
4. OthelStructural
Systerns,
includingexteriorwallsandlloors:
Cornrner)ts:
Any delects(structur"lor otherwise)?
O Ycs
INn
[Inknorvn
[
El No
Connrents:
O DossNot Apply
fl U|lknown
5. PlumbiugSyster]:ls thesystern
in opcratingcondjtion?
Conunents:
[f, Ycs
ENo
Q Unknown
6 HeatingSystenrs:
Is heatsuppliedto all finishedrooms?
uomments:
Is thesystem
in
condition?
Comments:
I Yes
ENo
E Urknorvn
I Y.s
EI No
f,l Unknowu
Z Ait Conditioning
Systenr:
Is cooliDgsuppliedto all finishedrooms?
O Yo,
E Nu
Q Uuknorvn
a^rrn^hrc'
Is tl'resystenrin operatjngconditjon?
Comments:
ff Yes
O Unknown
INo
El DoesNorApply
E DocsNol Apply
8. ElectricSystems:
Ale thereanyproblemswith elcctl'ical
fuses,
circuitbrcakers,
outletsor wirirlg?
E Yes
fl No
I Unknorvn
Con)ments:
Will the smokedetectorsprovidean alarm in the eventofa poweroutage?
Cornnrents:
9. SepticSystems:
ls theseplicsysternfuuctioniogproperly?
Whenwasthesystemlastpumped? Date
Cornments:
10.WatmSupply:Any ploblenrwith watefsupply?
lnenrs:
\- or1'r
llo
U Yes
A Ycs
ff Yes
ENo
E No
I Unknowl
I Unknowl
D DoesNot Apply
E DoesNot n pply
I Uuknorvn
DNo
Con'rnents:
Firesprinklersystem:
Q Yes
O Unknown
0No
O DossNotApply
Ar
Con)Drents:
I l. Insulation:
ln exteriorwalls?
In ceiiing/attic?
In any otherareas?
Corr'rments:
El Ycs
fl Ycs
[ Yes
ONo
ql No
INo
fl unklorvn
E lJnknown
Wherc?
I2. Exterior Drailage:Dooswatel standon the prope y for nlorethan24 hoursaftera heavyrain?
E Ycs
ONo
I Unknorvn
Colnrnents:
Are guttersauddownsportsin good ropair?
Comlnents:
n Ycs
QNo
fl [Jnknorlrr
Pngo
2 of4
ProducedwlthZipForm6 byziplogix 18070FifieenlvlileRoad,Fraser,Michigan48026
!4!444!q!sgs4!!l
r,ts1lNc
13.Wood-destroying
insects:
Any infcsttrion
priordaurage? E ycs
and/or
O No
Uomments:
Anytreatments
or repails? E Yes
Q No
I Unknorvn
Any\.varranties?
[ Ycs
E No
I L],,knor"n
E Unknown
Cornntcnts:
hrz?rdous
or regulated
materials(including,
but not linited to, licensed
landfills,asbestos,
radongas,lead-based
paint,
L1:1f_.lLl": !"y
underground
storagctanks)or othel conlantination)on thc propefiy?
O yes
fl No
El Unknorvn
lfyes, specifybeiow
Comments:
15.If the propetlytelieson the cornbustion
of a fossilfuel fol heat,ventilation,
hot water,or clotlresdrlef operation,
is a carborl
monoxide
alarn installed
in theproperty?
Q Ycs
I No
I Unknorvn
Comments:
I6. Are thereauy zoningviolations,nonconfolming
uses,violationof buildiugreshicrionsor sctbackrequilemeltsor anyrecorded
or
utttecorded.cascrnent,
exceptfor urilities,ol) ot irec{ing lhc propefly'l
I Vcs
I No
I Uninorvrr
rr yes,specrryDetow
Comments:
17.ls the propoty locatedir a flood zone, conservationarea, wetland alea, ChesapeakeBay crjtical area or DesiglatedLlistofic
Disti'ict?
E Ycs
El No
E UnknowD
lfyes, specifybelow
Comments:
18.ls the plopeftysubjectto any r€st ction inposed by a Hoor€OwnersAssociationol any otheftype of colnrunity association?
O Yos
O No
lfyes, speci! beiow
I Unknorvn
Comments:
19,Are thereany othermaterialdefects,includinglatentdefects,affectingthe physicalconditionof the property?
f,l Ycs
0 No
I Uoknorvn
Comments:
NOTE: Owner(s) may wish to disclose the condition of other buildings on the property on a separate
RESIDENTIALPROPERTYDISCLOSURESTATEMENT.
The owner(s)acknowledge
having carefully examinedthis statement,
includingany conments,andverify that it
is cornpleteand accurateas of the date signed.The owner(s)furtheracknowledgethat thcy havebeeninformed
oftheir rightsandobligations
under$10-702ofthe MarylandRealPropertyAtticle.
Owner
Date
Owner
Date
The purchaser(s)
acknowledgereceipt of a copy of this disclosulestatementand I'urtheracknowledge
that they
havebeeninformedoftheir rightsandobligations
under$10-702ofthe MalylandRealPlopeltyArticle.
Pulchaser
Date
Purchaser
Date
Page3 ol'4
l\,'lichigan
48026 v4A44;igt!gi:can
MileRoad,Fraser,
Produced
withZipFom@
byzipLogix18070Fiiieen
LISTINC
MAII.YLAND RESIDDNTIAL PROPERTY DISCLAIMIIII STATEMtrNT
NOTICE TO OWNER(S):Sign this statemenlonly if you electto sell the propertywithout l.cpresentations
and
warrantiesas to its condition,exceptas otherwiseprovidedin the contlactof sale and in the listing of latent
def'ectsset forth below; otherwise, complete and sign the RESIDEN]IAL PROPERTY DISCLOSURE
STATEMENT,
Except fol the latent defects listed below, the ur.rdelsignedowner(s) of the real pl.opelty make 10
representations
or waranlies as to the condition of the real property or any improvementsthereon,and the
purchaserwill be receivingthe real ploperty "as is" with all defbcts,includirrglatentdefects,wl.richrnayexist,
exceptas otherwiseprovided in the real estatecontractof sale.The owner(s)aclcnowledge
having carefully
examinedthis statementand further acknowledgethat they havebeeninfonned of their.rights and obligations
under$10-702of theMarylandRcalPropcr-ry
Aniclc.
\ /
|/
t\
The owncr(s)hasactualknowledge
of tbefollowinglarenrdefects: A O 116l K p6.+-l
UF
t
eorDate
,
/- /o - Zd /a
/' /o' 2//d
The purchaser'(s)
acknowledgeleceipt of a copy of this disclaimelstatementand 1\n'theracknow.iedge
that they
havebeenir,formecl
oftheil rightsandobligations
under$ 10-702of theMarylandRealProperty
Article.
Pulchasel
Date
Purchaser
Date
Pagc4 of4
Ir'ornrDLLIVREC/I'II 0-i -0 I Rov
Rev I0-l-07
Road,Fraser,lvichigan48026
Produced
withZipFomO by zipLogix 18070FifteenN4ile
!4A44eigLagix-caq