Purchase Offer

 

CALIFORNIA ASSOCIATION OF

REALTORS®

1.

2, Buyer " Di Dis cl cl o os su ure re R eg eg a ard rdii n ng g Re a all E s stt a att e A g ge en cy cy Re lla a ttiio n ns sh hii p ps s" AD). B. pn,TFNTIAIIY COMPETI NG BUYERS AND SELLERS: Buyer and S acknowledge receipt of a disclosure of the possibility of representation by t he Broker representing t hat principal. This may be part of a listing agreement . buyer representation ag gre ree em me en ntt o r s ep ep a ara ratt e d o oc c um ume n ntt (C. (C. A A.. R R.. F o orm rm DA ). ). B uy uy er er u n nd de ers rstt a an nd ds s th ha a t B rro o ke ker re rep p rre e se se n ntt iin ng Bu uy ye err m a ay y al so so re rep p rre e se se n ntt o th the r p o ott e en nt iia al bu uy y ers ers.. w h ho o ma y c on ons id id e er. r. m ak ak e o ffff e ers rs o n o r u ltlt im ima tte e ly ly a c cq qu uiire t h he e P ro ro p pe e rrtt y y.. S e elll e err u n nd de ers rstt a an nd ds s th ha a t Bro rok ke err re rep pre res se n ntt iin ng Se ell lle e r ma y a lls so rep repre rese sent nt othe otherr se sell llers ers with with comp compet etin ing g prop proper erti ties es of inte intere rest st to this this Bu Buye yer. r. C. CONF CONFIR IRMA MATI TION ON:: The The foll follow owin ing g agen agency cy re rela lati tion onsh ship ips s are are hereb hereby y co con n I ed Listing Agent _ of (che (check ck one) one):: (X I the the Sell Sell Selling Agent

_

Li List stin ing g Ag Agen ent) t) is the the agen agentt of (c (che heck ck one one Br Brok oker ers s are are not not parti parties es to the Ag Agre reem emen entt betw betwee een n Bu Buye yerr and· and·Se Sell ller er.. 3.

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(P Prrint Fir m Name) (if not t h he e same as t he he the Buyer and Seller. Real Estat e

o the Se Seil iler er ex excl clus usiv ivel ely; y; or 0 bot h

FINA FINANC NCE E TERM TERMS: S: Bu Buye yerr repr repres esen ents ts th that at fu fund nds s wi will ll be good good wh when en depo deposi site ted d with with Es Escr crow ow Hold Holder er.. A. INITIAL DEPOSIT: D eposit sh s hall be be in in th the a am mount o off : $ (1 (1)) Buye Buyerr sh shal alll deli delive verr depo deposi sitt dire direct ctly ly to Es Escr crow ow Hold Holder er by pers person onal al ch chec eck. k. I X ! ele electr ctroni onic c fun funds ds tra transf nsfer. er. 0 Other . .., .. ,.. ., .. .,. wit hin 3 business days after accept ance (or0 Other ); OR (2 (2)) (If ch chec ecke ked) d) 0 Buy Buyer er has given the depo deposi sitt by pers person onal al ch chec eck k (o (orr 0 ) to the the agen agentt subm submit itti ting ng the the offe offerr (or (or to 0 ), made payable to posit .shall be held unca uncash shed ed unti untill Acce Accept ptan ance ce and and th then en depo deposi site ted d with with Es Escr crow ow Ho Hold lder er (or 0 into nt ) wit hin 3 busi busine ness ss days days after after Ac Acce cept ptan ance ce (o (orr 0 Other ). B. INCR INCREA EASE SED D DE DEPO POSI SIT: T: Bu Buye yerr sh shal alll de depo posi sitt with with Es Escr crow ow Ho Hold lder er an incr increa ease sed d depo deposi sitt in th the e am amou ount nt of $ within Days Af ter Ac Acceptance, or 0 . I f a liquidat ed ed damages clause is incorporated int o this Agre s ig ig n a s e ep pa ara ratt e liqu liquid idate ated d dama damage ges s cl clau ause se (C (CAR AR.. Form Form RI RID) D) for any any incr increa ease sed d depo deposi si C. L O OA AN ((S S): (1) FI FI RST LOAN: in the amount of , . This loan will be conventional financing or. if checked. 0 FHA. 0 (CAR. Form SFA). assu assume med d fina financ ncin ing g (CAR (CAR.. Form Form PM PM), ), 0 Other an shall be a t a fi fixe xed d rate rate not not to exce exceed ed % or. 0 an adju adjust stab able le ra rate te loan loan with with In Inii %. Regardless of the t yp ype of loan. Buyer shall pay pOints no not to exceed of the loan a mo mount. (2) 0 SECOND LOAN: in the amount of. , $ T hi his l o oa a n w iill l b e conventional fina financ ncin ing g or, or, if ch chec ecke ked. d. 0 S el ell er er (CA (CA R R.. Fo rrm m S FA FA )).. 0 assume assumed d fin financ ancing ing

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), 0 Otadju hejust r stab . tTto hisexce loceed anedsh shall be at a fixed rra a n no ot ardles to eless xcseeof d 0an _(C _ _A_R _ Form P %Mor, ad able le rate rate loan loan with with init initia iall rate rate no not ex %te . Reg Regard t he t ype of loan. Buyer shall pay points not t o exceed f tth he loan a am mount . (3) (3) F HA HA llV V A: A: F or or a n ny y F HA HA o r VA lo an an s pe pe c cii fifi ed ed above, Buyer ha has 17 17 ( ) Da Days Af A fter Ac Acceptance t o Deliver to Seller writ ten not ice (CAR. Form FVA) of any len irs or costs that Buyer request s Seller to pay f or or or r e ep pair. Seller has no obligation to pay f or or r or sat iis sf y lender requirements unl unless ess oth otherw erwise ise agr agreed eed in writin writing. g. D. ADDITIONAL FINANCI NG TERMS: _ E. BA AL LA AN NCE OF PU R RC CH A AS S E P RI RI C CE E OR DO WN WN PA YME YMEN NT T:: i n t he he a m mo ou un nt o f to be depo deposi site ted d with with Es Escr crow ow Hold Holder er wi with thin in su suffi ffiCi Cien entt time time to clos close e escr escrow ow.. F. PU PURC RCHA HASE SE PR PRIC ICE E (TOT (TOTAL AL): ): Bu Buye yer' r's s In Init itia ials ls (

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Seller'S Initials (

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T he he c o op py yrr iig g ht ht l aw aw s o f t h e U n nii tte e d S ta ta tte e s ( Ti Ti ttll e 1 7 U ..S S. Co od d e) e) f o orr bi bi d t h he e u na na ut ut h ho o rrii z ze e d r ep ep ro ro du du c ctt iio on of th hii s an any y po porti rtio on n the' the'rreof eof.. by pho photoc tocopy opy:: machin machine,-or-any e,-or-any other other means, means, _in _inclu cludin ding"fac g"facsim simile ile .on_ .on_com comput puteri erized zed -I Copyright © 19 1991 91·2 ·201 010, 0, CALI CALIFO FORN RNIA IA AS ASSO SOCI CIAT ATIO ION N OF REAL REALTO TORS RS®. ®. IN INC. C. ALL ALL RI RIGH GHTS TS RESE RESERV RVEO EO..

RPA·CA RPA ·CA REV REVISE ISED D 4/10 ( PA PAGE 1 OF 8)

t:E:t ou""ItOUS I~

OPPORTUNITY

Dale

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Pr Prop oper erty ty Ad Addr dres ess: s:

1658 W.131st Compton, CA

Street 90222

Date: June

G. VE RI RI F FII C CA A TI TI O ON N OF DO WN WN P A AY Y ME ME NT NT AN D C L LO OSI N NG G CO OS ST S S:: B uy uy er er Da Days ys Af Afte terr Ac Acce cept ptan ance ce,, De Deli live verr to Se Sell ller er wr writ itte ten n verification verifi cation attached.) attached.) H. LOAN TERMS:

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)

23,

2011

er or loan br o ok ker pur s su uant to 3H(1» shall, within 7 ( o orr uy e er' r's s do wn wn pa ym yme n ntt a n nd d c lo lo si sin g c o os s ts ts . (I (Iff c h he ec ck ke ed d, 0

(1) (1) L O OA AN AP PL PL IC ICA TI TI O ON NS : Wi th th in in 7 (or (or 0 )Da yyss A fftt eerr A cccc ep ep tta an nc ce e,, Bu ye ye r s h ha a llll D el eli v ve er t o S e elll e err a l e ett tte er f rro om le en nd de er or lo oa an broker stating t hat , based on a review of Buyer's written application and cre prequalified or preapproved f or any NEW loan sp spec ecif ifie ied d in 3C abov above. e. (If ch chec ecke ked. d. 0 letter attached.) attached.) (2 (2)) LO LOAN AN CO CONT NTIN INGE GENC NCY: Y: Bu Buye yerr sh shal alll act act dili dilige gent ntly ly and and in good good fa fait ith h to ob obta tain in th the e de desi sign gnat ated ed lo loan an(s (s). ). Ob Obta tain inin ing g th the e lo loan an(s (s}} sp spec ecif ifie ied d ab abov ove e is a co conti nting ngen ency cy of this this Ag Agre reem emen entt unle unless ss ot othe herw rwis ise e agre agreed ed in wr writ itin ing, g, Bu Buye yer' r's s cont contra ractu ctual al ob obli liga gati tion ons s to ob obtai tain n an and d pr prov ovid ide e de depo posi sit, t, ba bala lanc nce e of down down paym paymen entt and and cl clos osin ing g co cost sts s ar are e not not co cont ntin inge genc ncie ies s of th this is Ag Agre reem emen ent. t. (3 (3)) LOAN LOAN CONT CONTIN INGE GENC NCY Y REMO REMOVA VAL: L: (i) Wit hi hin 17 ( or or 0 )Da Days ys Af Afte terr Ac Acce cept ptan ance ce,, Bu Buye yerr shal shall, l, as sp spec ecif ifie ied d in pa para ragra graph ph 14 14,'in ,'in writ writin ing g re remo move ve th the e lo loan an conti conting ngen ency cy or cancel cancel thi this s Agreem Agreement ent;;

OR (ii) (if check checked) ed) 0 the the loan loan co cont ntin inge genc ncy y sh shal alll re rema main in in effec effectt unti untill th the e desi design gnat ated ed lo loan ans s ar are e fu fund nded ed.. CONTI NGENCY (If checked): Obtaining any loan spe NOT a cont ingency of this Agreement. If Buyer does not obtain t he loan and as a result Buyer does not purchase the Propert ent it led. tto o Buyer's deposit or other legal remedies. I. APPRAI SAL CONTINGENCY AND REMOVAL: This Agreement is ( T) cont ingent upon a w ririt ten appraisal of the Propert y by a licensed or cert if ied appraiser at no less than the specif ied se price. If there is a loan contingency, Buyer's removal of t he loan cont contin inge genc ncy y shal shalll be deem deemed ed remo remova vall of th this is appr apprai aisa sall co cont ntin inge genc ncy y (or, (or, 0 if ch chec ecke ked, d, Buye Buyerr shal shall, l, as sp speC eCif ifie ied d in pa para ragr grap aph h 14 14B( B(3) 3),, in writ writin ing g remove t he appraisal contingency or cancel this Agreement within 17 (or ) Days Af ter Acceptance). If there is no loan cont ingency, Buyer shall, as specif ied in paragraph 14B(3), in writ ing remove t he appr gency or cancel t his Agreement within 17 (or ) Day Days s After After Acc Accept eptanc ance. e. J, IX ) AL ALL L CASH CASH OFFE OFFER R (If (If ch chec ecke ked) d):: Bu Buye yerr sh shal all, l, wi with thin in 7 (0 s Af tte e r A cc cc e ep p tta an c ce e , D el eli v ve er t o S e elll e err w ririt tte en ve eri riff iic ca att iio on of suf ficient f unds tto o c lose . n. ( If ch c hecked, (4)

K.

4.

0 NO LOAN

BUYER STATED I NG: Seller has relied on Buyer' th e t yp yp e o f f iin na an nc cii n ng g sp e ec c ifif iie e d (i (in nc cll u ud di n ng g bu utt no t l iim m iitt e ed d to o,, as applicable, amount of down payment, cont in ingent or non cont i r all caSh) . I f Buyer seeks alternate f iin nancing, (i) Seller has no obligation to cooper at ate with Buyer's eff or or tts s to obt ai ain such f in inancing. and er shall also pursue t h he e financing met h ho od specified in t h hiis Agreement . Bu Buye yer' r's s fail failur ure e to secu secure re alte altern rnat ate e fi fina nanc ncin ing g does does not not excu excuse se Bu Buye yerr fr from om th the e obli obliga gati tion on to pu purc rcha hase se th the e Pr Prop oper erty ty an and d clos close e es escr crow ow as sp spec ecif ifie ied d in this Agree Agreement. ment.

AL ALLO LOCA CATI TION ON OF COST COSTS S (If (If chec checke ked) d):: Unle Unless ss ot othe herw rwis ise e sp spec ecif ifie ied d inwri inwriti ting ng,, th this is para paragr grap aph h on only ly de dete term rmin ines es who who isto pa pay y fo forr th the e insp inspec ecti tion on,, te test st or s erv ervii c ce e (" ("R Re p po o rrtt ") ") me n ntt io io n ne ed d;; i t d o e es s no ott d e ett e erm rmii ne ne w h ho o is t o p a ay y fo orr a n ny y wo ork rk rec rec o om mm e en nd de ed or id de en ntt iiff iie e d in t h he e Re p po o rrtt . A. INSP INSPEC ECTI TION ONS S AN AND D RE REPO PORT RTS: S: (1) 0 Buyer 0 Seller shall pay for an inspection and report for wood destroying pest s and organisms ( "W "Wood Pest Report") prepar e ed d by a re regi giste stered red stru structu ctura rall pe pest st cont contro roll comp compan any. y. (2) 0 Buyer 0 Sell Seller er sh shal alll pay pay to have have se sept ptic ic or priv privat ate e se sewa wage ge disp dispos osal al sy syste stems ms pu pump mped ed an and d in insp spec ecte ted d (3) 0 Bu er 0 Seller shall pay to have domestic wells tested oductivity _

= - = -_ - = :- ::-::- _ ~ ~ _ - - ;-

(4) (5) (6)

er Buyer 0 Buyer

:- - _ :- -

~ _ -:-_ '

:- - - - :- :- -

0 Se Sell ller er shal shalll pay pay fo forr a natu natura rall ha haza zard rd zo 0 Seller shall pay for the following inspection or report owing inspection or report 0 Seller sh

_ _

B. GOVERNMENT RE REQUIR ROFI T: (1) 0 Buyer 0 Se Sell ller er sh shal alll pay pay for sm smok oke e dete detect ctor or inst instal alla lati tion on and/o and/orr wate wate br br,l ,lci cing ng,, if re requ quir ired ed by La Law. w. Prio Priorr to Clos Close e O f Escrow Escrow,, Sel Seller ler sh shal alll prov provid ide e Bu Buye yerr writ writte ten n st stat atem emen ent(s t(s)) of co comp mpli lian ance ce in ac acco cord rdan ance ce wit wit d lo loca call La Law, w, un unle less ss ex exem empt. pt. (2) 0Buyer 0Seller shall pay t he he cost of compliance with any ot he her m mand mandat ator ory y go gove vern rnme ment nt re retr trof ofit it stan standa dard rds, s, in insp spec ecti tion ons s an and d reports if required as a condit ion of closing escrow under any Law. ~ _ C. ES CR CR O OW W A ND ND T IT IT LE LE; (1) ! X l Buyer ! X l Sell Seller er sh shal alll pay pay escr escrow ow f e e ! l e S ! a . Q q : n h . . . _ J ; t . Q Q ! . . . . E l ? ~ a i l ! y ' - . . J ; t ; J j h l S e ! . J i J ; r : . . . . . s ; o U ! w n w . . . . 1 : f , ; . ! i e ~ e ~ s L . . _ Es Escr crow ow Hold Holder er sh shal alll be . J : i s l l : e ! . l 1 . . , j l ~ e u r ; : . : s L . - ' c ; J , h ; u Q ; z . ; i l J c ~ e L _ (2)

0 Buyer

sh hall pa pay ffo or ow owner's t it le in insurance po policy s sp pecified in in pa paragraph 1 12 2E I X ! Seller s Owne Owner' r's s titl title e poli policy cy to be is issu sued ed by ~ s ~ e ! J , ~ , J . ~ J ; e t , l ; r ~ s l . . . J ; c U ; h u ; Q ! J i " ' q U i e L

_ -:-:

;- -

_

(B (Buy uyer er sh shal alll pay pay for for any any ti titl tle e in insu sura ranc nce e poli policy cy insu insuri ring ng Bu Buye yer' r's s lend lender er.. unle unless ss ot othe herw rwis ise e ag agre reed ed in writ writin ing. g.)) D. O TH TH E ER R CO OS ST S: S: (1) 0 Buyer ! X l Seller shall pay C ount y t ransf er t ax or f ee _ (2) 0 Buyer IX ] Se Sell ller er sh shal alll pay pay Ci City ty tr tran ansf sfer er ta tax x or fe fee e (3) 0 Buyer 0 Se lllle r sh a all l p a ay y Ho ow wn ne rr'' s As s so oc ciia (4) 0 Buyer 0 Seller s y HOI A d do ocument prepal (5) 0 Buyer ® Seller s ay for any privat e t ransf er ______ ' of a one-year home warrant y plan, (6) 0 Buyer 0 Se Sell ller er shal shalll pay pay th the e co cost st,, not not to ex exce ceed ed issued issued by _________ ' wi w ith the f ollowing optional coverages:

=

......

_

o Air Conditioner Conditioner 0oolfSpa 0 Code Code and and Pe Perm rmii

Bu Buye yerr is info infonm nmedth edthat at home home wa warr rran anty ty plan plans.ha s.have ve ma many ny ti tion onal al cove covera rage ges s in addi additi tion on to th thos ose e li list sted ed ab abov ove. e. Bu Buye yerr is ad advi vise sed d to in inve vest stig igat ate e thes these e co cove vera rage ges s to deter determi mine ne tho those se th that at ma may y be su suit itab able le fo forr Bu Buye yer. r. (7) 0 Buyer 0 Seller shall pay for _ (8)

0 Buyer 0 Seller

Buyer's I nitials ( ~ Cop Copyng ynght© ht©

shall pay for

(

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)

1991-2 1991-2010 010.. CAL CALIFO IFORNI RNIA A ASS ASSOCI OCIATI ATION ON OF REALTO REALTORS® RS®.IN .INC. C.

RPA-CA RPA -CA REV REVISE ISED D 4/10 (PAGE 2 OF 8)

_

Sell Seller er's 's Ini Initi tial als s ( Review iewed ed by I Rev

)( Date

CA CALI LIFO FORN RNIA IA RESI RESIDE DENT NTIA IAL L PU PURC RCHA HASE SE AG AGRE REEM EMEN ENT T (R (RPA PA·C ·CA A PAGE PAGE 2 OF 8)

Gl OUAltlOU$lNC OPPORTUNITY

DA AD DD D·· 1 6655 8 W .

 

1658

W.131st

Street

Pr Prop oper erty ty Ad Addr dres ess: s: " . C " " o " ' m . . , p " " t " " o " " n . . , : . . ,. . .: C A : = . : : . . - : 9 : : ;. , ;0 " " ' 2 : : . . :2 : : . .: 2 = 5.

CL CLOS OSIN ING G AND AND PO POSS SSES ESSI SION ON:: A.

B.

D. E.

7.

8.

B.

C.

Date:

June

23 r

2011

 

1658 W.131 .131st Stree treet

Pr Prop oper erty ty Ad Addr dres ess: s: 9.

Compton,

CA

90222

Date: June 23,

2011

CO ND ND IIT T IO IO N O F P RO ROP ER ERT Y: Y: U n nll es es s o tth he erw rwiis e a g gre ree ed d:: (i) (i) t h he e Prop rop e ert rty y i s s ol old (a) (a) in it s P RE RE SE SE NT NT p h hy y si sic a all (" ("a as s-i -is s ") ") c o on nd diit iio o n a s of t h he e da att e o f Accept ance and (b) subject to Buyer's Investigat ion rightsj (ii) the Pro , landscaping and grounds, is to be mai mainta ntaine ined d in su subs bsta tant ntia ialf lfyth ythe e sa same me co cond ndit itio ion n as on th the e date date of Ac Acce cept ptan ance ce;; a nd (iii) er: ty not iin ncluded in tth he sa sale s sh hall b be e rre emoved b y Se Sell ller er by Clos Close e Of Escr Escrow ow..

::3elle ::3ellers rshal hall, l, within within the time time specif specified ied in' para paragr grap aph h 14A, 14A, DISC DISCLO LOSE SE KN KNOW OWN N MATE MATERI RIAL AL FACT FACT EFEC EFECTS TS af affe fecti cting ng me pr prop opert erty, y, In InCl ClUd Udin ing g know known n insu insura ranc nce e cl clai aims ms wi with thin in th the e past past fi five ve ye year ars. s. an and d ma make ke any any an and d all all ot oth h B. Bu Buye yerr has has the the righ rightt to insp inspec ectt the the Pr Prop oper er:t :tyand yand.. as spec specif ifie ied d in para parag g thi this s Agreem Agreement ent;; or (ii) request that S eller make Repairs o orr la l ak . C. Buyer is strongly advised to conduct investigat io ions of the entire Pr op opert y in or d de er to determine its present condit iio on. Seller may not be aware of all def ects affecting t he Property or ot her fact ors r considers important. Property Improvements may not be built according to code, in compliance with current Law, or have d permits issued. 10. BU BUYE YER' R'S S INVE INVEST STIG IGAT ATIO ION N OF PROP PROPER ERTY TY AN AND D MATT MATTER ERS S AF AFFE FECT CTIN ING G PR PROP OPER ERTY TY:: A. B u uy y er' er's s ac cc c ep ep ta ta n nc ce of th he e co on nd diit io io n o ff,, a n nd d an ny y o tth he err ma tttt er er a ffff e ec c ttiin g t h he e P ro ro p pe er: r:tt y, y, i s a c o on n ttii n ng ge en n cy cy o f t h hiis A g gre ree em e en nt as sp pe e ci ci ffii e ed d in th hii s pa para ragr grap aph h and and para paragr grap aph h 14B. 14B. Wi With thin in th the e ti time me spec specif ifie ied d in para paragr grap aph h 14B( 14B(1) 1).. Bu Buye yerr sh shal alll ha have ve th the e ri righ ght. t. at Bu Buye yer' r's s ex expe pens nse e un unle less ss ot othe herw rwis ise e agre agreed ed,, to co cond nduc uctt insp inspec ecti tion ons, s, inve investi stiga gati tion ons. s. tests. tests. su surv rvey eys s and and ot othe herr st stud udie ies s ("Bu ("Buye yerr Inv Inves esti tiga gati tion ons" s"). ). in incl clud udin ing, g, bu butt no nott li limi mite ted d to to,, th the e ri righ ghtt to to:: (i) (i) in s sp pe ec ct fo orr l ea ead --b ba s se ed pa aii nt nt an d o tth he err l ea ea d d-b -ba as se e d pa in in t h a az z ard ards s ; (ii) i ns ns pe pe c ctt f o orr wo o od d de es s tro troy y in ing pe st st s a n nd d o rrg ga n nii sm sm s; s; (iii) re revi view ew th the e registered sex offender dat abase; (iv) confirm the insur and t he Property; and (v) satisf Y Buyer as t o any matter specif ied in the atta attache ched d Buy Buyer' er's s Ins Inspec pectio tion n Adv Adviso isory ry (CAR. Form BI A). s prior writt en consent. Buyer shall neit her make nor cause to be made: (i) in inva vasi sive ve or dest destru ruct ctiv ive e Bu Buye yerr Inve Invest stig igat atio ions ns;; or {iiI insp inspec ecti tion ons s by any any gove govemm mmen ental tal ou ouil ildi ding ng or zo zoni ning ng in insp spec ecto torr or go gove vern rnme ment nt em empl ploy oyee ee.. un unle less ss re requ quir ired ed by Law. Law. B. Se Sell ller er sh shal alll ma make ke the the Pr Prop oper er:t :tyava yavail ilab able le fo forr all all Bu Buye yerr In Inve vest stig igat atio ions ns.. Bu Buy y (i) (i) as spec specif ifie ied d in pa para ragra graph ph 14B, 14B, comp comple lete te Buye Buyerr Inv Inves esti tiga gati tion ons s and. and. eith either er re remo move ve the the co conti nting ngen ency cy or ca canc ncel el this this Ag Agre reem emen ent, t, and and , at no cost cost,, comp comple lete te Copi Copies es of al alll In Inve vest stig igati ation on re repo port rts s ob obta tain ined ed by Bu Buye yer. r. whic which h obli obliga gati tion on sh shal alll su surv rviv ive e th the e te term rmin inat atio ion n of th this is Ag Agre reem emen en . C. Se lllle r s ha ha llll ha v ve e wa att e er, r, ga s, s, el ec ec ttri ric c itit y a n nd d al l o p pe erab rab le le p ililo t li gh gh tts s on fo orr B uy uy e er' r's s In nv ve es s titi g ga at iio on ns s an nd d th hro rou ug gh h th he e da tte e po os s se se s ss s io io n is m a ad de ava availa ilable ble to Buy Buyer. er. D. Buyer indemnit y and Seller prot ec ect io ion for ent ry ry upon proper tty y: Buyer shall: th the e Pr Prop oper er:t :tyfr yfree ee an and d clea clearr of li lien ens; s; (i (ii) i) re repa pair ir al alll da dama mage ge aris arisin ing g fro from m Bu Buye yerr Inve Invest stig igati ation ons; s; and and (iii (iii)) inde indemn mnif ify y and and hold hold Se Sell ller er harm harm lia.bil~ty'~_cl.aims, em eman ands ds,, da dama mage ges s an and d co cost sts s of B uy uy er' er's s in v ve es stt ig ig a att io io n ns s . B uy uy e err s ha ha llll c arr arry y . o r Bu y ye e r s ha ha llll re req qu uiire a n ny yo be eh ha aff f t o c a arr rry y, po oll iic c ie ie s o f li a ab b iilli tty y , wo rrk ke ers rs'' compen com pensat sation ion and oth other er app applic licabl able e insura insurance nce,, def defend ending ing and protec protecti ti an any y in inju juri ries es to pe pers rson ons s or pr prop oper erty ty oc occu curri rring ng du duri ring ng cr crow ow.. Sell Seller er is ad advi vise sed d th that at cer:t cer:tai ainprot nprotec ecti tion ons s may may an any y Bu Buye yerr Inve Invest stig igat atio ions ns or wo work rk done done on th the e Pr Prop oper er:t :tyat yat Bu A.

b e aer's ff o or ed Sion. elle by er's rescoobl rdiigatio ng tions a ns "No t ic iceerothis f N n-ragraph es espaph onsishall b ll surviv Cviv .A Buyer' Buy srd direct dir ection . rBuy Buyer' obliga und under thi s opar paragr sha sur

rllati Iation n nv von e es s titof ig a atthi t iio osn ns sAgre nemen d went o rrk do on e ose o net h he P rro op pe ert rty an ance cell this Agareem tk an and dn Clos Cl ofe Escr Es crow ow. .y a t

11. SE SELL LLER ER DISC DISCLO LOSU SURE RES; S; ADDE ADDEND NDA; A; AD ADVI VISO SORI RIES ESjj OT OTHE HER R TE TERM RMS: S:

A. Se Sell ller er Di Disc sclo losu sure res s

if checked:

S el e l l e r s h aall l . w iitt h iinn t h e t i m e s

B.

c.

D.

TITLE AND VESTIN VESTING: G: 12. TITLE A.

Wit hin t he time specified in paragraph 14, Buyer shall be provided a cu title repor: t, w wh hich shall include a search of t he General In Inde dex. x. Sell Seller er sh shal alll with within in 7 Days Af ter Accept ance give E ment of Information. The preliminary report is on o nly an off er by th t he t it le insurer t o issue a policy of t it le insuran cting t it le. Buyer's review of the preliminary report and and any any other other ma matte tters rs whic which h ma may y af affe fect ct titl title e are are a co conti nting ngen ency cy 0 cifi cified ed in pa para ragra graph ph 14 14B. B. B. Tit le is taken in it s present condit ion subject to all encumbranc venants, conditions, restrict ions, rights and other mat ters, whet her of record or not , as of the dat e of Acceptance except: (i) cord unless Buyer is assuming those obligations or t aking the Pr Prop oper er:tys :tysub ubje ject ct to thos those e obli obliga gati tion ons; s; and and (ii) t hose m ma att ers wh whi to rre emove iin n writ ing. C . Wit Wit h hii n t h he e t im ime s pe pe c cllf le le d i n p a ara rag grap rap h 1 4 4A A. Se ilil er er h a as s a du utt y t o d is is c cllo s se e t o B uy uy er er a llll m a att te te rrs s kn no ow wn n to Se ell lle e r a ffff e ec c titi n ng g t iitt lle e . w he he tth he r o f re rec co ord rd or not. D. At Close Of Escrow, Buyer shall receive a grant deed conveying tit le le (or, for stock cooper a att iiv ve or long-t e err m lease, an assignment of st o oc ck certificate or of Seller's leasehold interest) , including oil, mineral and wate . curr e en nt lly y owned by Seller. Tit lle e shall vest as designated in Buyer's supplement al al escrow instr uc uct io ions. THE MANNER OF TAKING TIT HAVE SIGNI F FII CA CANT LEGAL AND TAX CONSEQUENCES. CONSUL CON SULT T AN APPROP APPROPRIA RIATE TE PROFES PROFESSIO SIONAL NAL.. y, at Bu Buye yer' r's s re requ ques est, t, ca can n pr prov ovid ide e in info form rmat atio ion n ab abou outt th the e Buye yerr sh shal alll rece receiv ive e a CL CLTN TNAL AL TA Ho Home meow owne ner' r's s Po Poli licy cy of Titl Title e Insu Insura ranc nce. e. E. Bu ce co cove vera rage ges s an and d en endo dors rsem emen ents ts.. If Bu Buye yerr de desi sire res s ti titl tle e avai availa labi bili lity ty.. desi desira rabi bili lity. ty. co cove vera rage ge.. su surv rvey ey re requ quir irem emen ents ts.. and and co cost st of va vari ri inwriti inwri ting ng an and d pa pay y an any y in incr crea ease se in co cost st.. co cove vera rage ge othe otherr than than that that re requ quir ired ed by this this para paragr grap aph, h, Bu Buye yerr shal shalll instr instruc uctt E SALE LE OF BUYE BUYER' R'S S PROP PROPER ERTY TY:: 13. SA A. This This Ag Agre reem emen entt is NO NOT T cont contin inge gent nt up upon on th the e sale sale of any any prop proper erty ty owne owned d by Bu Buye yer. r. OR B. 0If ch chec ecke ked) d):: The The atta attach ched ed adde addend ndum um (C (CAR AR.. Form Form CO COP) P) rega regard rdin ing g th the e co cont ntin inge genc ncy y fo forr th the e sa sale le of pr prop oper erty ty ow owne ned d by Bu Buye yerr is in inco corp rpor orat ated ed into into thi this s Agreem Agreement ent.. Buyer's Init ials ~ C op op yyrr i gh gh t© t©

1 9999 11-- 20 20 10 10 .

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O F R EA EA L T O OR R S® S® .I.I NC NC .

Sell Seller er's 's Ini Initi tial als s (

I Reviewedby

) ( )

Date

CALI CALIFO FORN RNIA IA RESI RESIDE DENT NTIA IAL L PU PURC RCHA HASE SE AG AGRE REEM EMEN ENT T (RPA (RPA-C -CA A PAGE PAGE 4 OF 8)

!E) EouAtfiOUSINC OPPORTUNITY

DA AD DD · 16 1658W 58W..

 

1658

Pr Prop oper erty ty Ad Addre dress ss::

W.131st

Compton,

Street

CA

90222

Date: June 23 ( 2011 time periods may only be ext ended, alt ered, n under t his paragraph by eit her Buyer or

14 4.. TI M ME E P ER ER IIO OD S S;; RE M MO OV AL AL O F CO NT NT IN IN G GE EN NC CI E ES S ; CA N NC CE LL LL A AT T IIO O N RI G GH HT S: S: T modified or c by mutual writ ten agreemen Selle ed in go good f aith an a nd in in A ) e~~e responsibl respon sible e under paragraphs paragraphs 4, 6A, Band C, 7A, 9A, 11A if Se Sell ller er has has not not Deli Delive vere red d the the it item ems s wi withi thin n th the e time time sp spec ecif ifie ie

al alll Repo Reports rts,, di disc sclo losu sure res s an and d info inform rmat atio ion n fo forr whic which h Sell Seller er is giv give e Sei Seifer fer a Noti Notice ce to Sell Seller er {o Perf Perform orm (CAR. For Form m NSP) NSP)

B. (1) BU BUYE YER R HAS: HAS: 17 (or IX I 10 ) Days Days Af Afte terr Ac Acce cepta ptanc nce, e, unle unless ss ot othe herw rwis ise e ag agre reed ed in wr writ itin ing, g, to to:: (i) (i) co comp mple lete te all all Bu Buye yerr Inve Invest stig igati ation ons; s; appr approv ove e all all disc disclo losu sure res, s, re repo port rts s and and ot othe herr ap appl plic icab able le in info form rmat atio ion, n, wh whic ich h Buye Buyerr re rece ceiv ives es fr from om Sell Seller er;; an and d appr approv ove e all all othe otherr ma matte tters rs af affe fect ctin ing g the Pr Prop oper erty; ty; and and (ii) (ii) Deli Delive verr to Se Sell ller er Si Sign gned ed Copi Copies es of St Stat atut utory ory and and Lead Lead Disc Disclo losu sure res s Deli Delive vere red d by Sell Seller er in acco accord rdan ance ce with with pa parag ragra raph ph 6A 6A.. (2) Wi With thin in the the time time sp spec ecif ifie ied d in 14 14B( B(1) 1),, Bu Buye yerr ma may y requ reques estt th that at Sell Seller er ma make ke repa repair irs s or ta take ke an any y ot othe herr ac acti tion on re rega gard rdin ing g th the e Prop Proper erty ty (CAR (CAR.. Fo Form rm RR). RR). Se Sell ller er has has no obli obliga gati tion on to agre agree e to or resp respon ond d to Bu Buye yer' r's s requ reques ests ts.. t ), Buyer shall Deliver t o Seller either (i) a removal of the (3) Wit hin the t ime specified in 14B(1) (or as otherwise specif ied ap pp pl iic c ab ab le le c on on titin g ge en nc c y (CA (CA R F o orm rm C R R), ), o r (il) a cancellation ) of this Agreement based upon a cont ingency or Seller's fail failur ure e to Deli Delive verr the specifled it e em ms . H o ow we v ve e rr,, if a n ny y rep rep o ort rt,, d is is cl clo s su u rre e ma att iio on fo orr wh iic c h S el ell e err is re res sp po on ns s ib ib lle e is no ott De liliv e ere red d wi tth h iin n th he e time time spec specif ifie ied d in 14A, 14A, then then Bu Buye yerr ha has s 5 (or 0 )Days A ery of any such items, or the time specified in 148(1), whichever i s la te ter,t r,t o De lili ve ve r t o Se lllle r a rem remo v va a l of t h he e ap pp pl ic ic ab ab le le c on ont i c o r c an an c ce e llll at at iio on of th hii s Ag rre ee em me n ntt . (4) Continuation of Cont ingency: Even aft er the end of o f t he ti Seller cancels t his Ag A greement , if a att a alll, pursuant to 1 14 4C, Buyer ret ains t he rriight to either (i (i) in .. or (Ii) ca canc ncel el th this is Agre Agreem emen entt ba base sed d up upon on a re rema main inin ing g cont ingency or Seller's failure t o Deliver the s removal of all contingencies is· Delivered to Seller, Seller ma may y not not ca canc ncel el this this Ag Agre reem emen entt pu purs rsua uant nt to 14C 14C 1). 1). C. SE L LL LE ER R RI G GH HT T O CA NC NC E EL L: If , wit this Agreement, Buyer does not, in writ ing, Deliver to Seller a (1) Seller right t o Cancel; Buyer Contingencies: removal of o f th t he a ap pplicable contingency or c ancellation of aft er ffiirst . t o Buyer a N No otice tto o Buyer tto oP Pe erform (CAR. Form N NB BP) ma may ca cancel th t his Ag Agreement . In such ev eve , return o off sit . (2) Seller right to Cancel; Buyer Contract Obligations: Seller, af ter Buyer a NBP may cancel this. A Ag greement f or any of t he foll follow owin ing g re reas ason ons: s: Ii) Ii) if Bu Buye yerr fa fail ils s to depo deposi sitt fu fund nds s as re requ quir ired ed by 3 fu fund nds s de depo posi site ted d pu purs rsua uant nt to 3A or 3B ar are e no nott go good od when when de ep po s sii tte ed d;; (ii (iii ) i f B uy uy er er f a aii lls s t o De liliv er er a n o ott ic ic e o f FH A o r VA uired by 3C(3) (CAR. Form FVA); ( iiv v) if Buyer fails t o Deliver a let ter as required by 3H; (v) if Buyer f ails t o Deliver verif ica or 3J; (vi) if Seller reasonably disapproves of the veri verifi fica cati tion on prov provid ided ed by 3G or 3J 3J;; (vii (vii)) if Bu Buye yerr fa fail ils s to retu return rn St Stat atut utor ory y an and d Lead Lead Disc Disclo losu sure res s as re requ quir ired ed by pa para ragr grap aph h 6A 6A(2 (2); ); or (v (vii iii) i) if Bu Buye yerr fail fails s to si sign gn or init initia iall a se sepa para rate te liqu liquid idat ated ed dama damage ge fo form rm fo forr an incr increa ease sed d depo deposi sitt as re requ quir ired ed by pa para ragr grap aphs hs 3B an and d 25. In such such ev even ent, t, Sell Seller er sh shal alll auth authori orize ze re retur turn n of Bu Buye yer' r's s depo deposi sit. t. (3) No titic e T o Bu y ye e r T o Pe rrff o orm rm:: T he he N B BP P s ha ha llll: (i) (i) b e i n wri writt in in g g;; (i (iii) b e s iig gn ne ed bySe elll e er; r; an d (i (iii ii)) g iiv ve Bu uy ye err a t le a as s t 2 (or 0 )Days A ft ft e err De lili ve ve rry y (or (or u n ntt ilil t h he e t im im e s pe pe c ciif ie ie d in t h he e ap pp pl ic ic ab ab le le p a ara rag g rra ap ph h, wh hiic he he u rrs s la st st ) t o t a ak ke th he e ap p pll iic ca ab b lle e ac ctt iio on n.. A NBP may nol be Deli Delive vere red d any any earl earlie ierr than than 2 Days Prior t o the expirat ion of the applicable time f to remove a contingency or cancel t his Agreement or meett an obl mee obliga igatio tion n speCif speCifiedin iedin 14C(2) 14C(2).. D, EFFECT O OF F BU B UYER'S REMOVAL OF C CO ONTINGENCI ES: I f specif ied iin n a separat e w wrritt en a ag greement betwe be deemed to to have: (i(i) c co omplet ed proceed w wiith tth he ttrransaction; and ((iiii) assu E. CLOSE OF ESCROW: Before Seller or Ag Agre reem emen ent, t, Se Sell ller er or Bu Buye yerr mu must st first first give give th the e0 F. EFFECT OF CANCELLATION ON DEPOSI TS: I f Buyer or Seller giv t erms of t his Agreement, Buyer and Seller agree to Sign mutual inst part y ent it led t o the funds, less f ees and costs incurred by that part , serv servic ices es and and prod produc ucts ts prov provid ided ed duri during ng es escr crow ow.. Re Rele leas ase e of f judicial decision or arbitrat ion award. A Buyer or Seller inst ructions if no no g go ood f ait h disput e exists as to to w wh ho is en en 15, REPAIRS: Repairs shall be complet ed prior to f inal verificati expense may be performed by Seller or through ot hers, p inspect ion a nd ap approval re r equirements. Repairs s sh hall be b e pe perfor existing mat erials. It is i s understood that exact rest oration of a

cy or o r ca c ancellation rights, unless ot o t herwise ntingency or ca cancellation right co conclusively able in informat ion a an nd disclosures; ((iii) e ellected tto o or co corrections o r for iin nability tto oo ob btain ffiinancing. of the other party t o close escrow pursuant t o t his DCE). ncellat ion pursuant to right s duly exercised under the sale and escrow and release deposits, if any, to t he ay be payable t o service providers and vendors for release instruct iio ons f rro om Buyer and Seller , t y of up to $1,000 f or refusal to sign such ivil Code §1057.3). eed in w riting. Repairs t o be performed at Seller's plicable Law, including governmental permit, Is of quality an and d ap appe pear aran ance ce comp compara arabl ble e to ing all Repairs may not be possible, Seller shall: (i)

obt ain receipts f or Repairs performed by others; (ii) prepa Repair Rep airs; s; and (iii) provide Co Copies of of re receipt s a an nd st atements 16, F FIINAL V VE ERIFICATION OF O F CO CONDITION: Buyer s sh hall ha to Close Of Escrow, NOT AS A CONTI NGENCY OF Repairs ha have b be een c co ompleted a as s ag agreed; a an nd ((iiii)

Repairs perf ormed by Seller and the dat e of such ndit ion. he P Prropert y w wiithin 5 (or ) Days Pr Prior pert y is is m ma aintained pursuant to to p pa aragraph 9; (ii) under th t his Ag Agreement (CAR. Form VP).

mpl

17. PR PROR ORAT ATIO IONS NS OF PR PROP OPER ERTY TY TAXE TAXES S AND AND OT OTHE HER R IT ITEM EMS S

9 it item ems s sh shal alll be PAID PAID CURR CURREN ENT T an and d prorated b be et ween B Bu uyer an and Se Seller as as o off C Cllose Of Of E Es scrow: rre e ,H HO OA rre egular, s sp pecial, a an nd e em mergency dues and assessment s imposed prior t o Close Of E by Buyer, payment s on bonds and assessments assu assume med d by Bu Buye yer, r, and and paym paymen ents ts on Mell Mello· o·Ro Roos os and and 0 er pe assessments tth hat a arre a current lliien, The ffo ollowing it ems shall be assumed by Buyer WITHOUT CREDIT t oward the purc ase t s on Mello-Roos and other Special Assessment Dist rict bonds and assessments and HOA special assessments that are act yet due. Property will be reassessed upon change of ownership, Any supplemental tax bills shall be paid as follows: r Close Of Escrow, by Buyer, and (ii) f or periods pnor to Close Of Escrow, by Seller (see CAR. Form SPT or SBSA for furt her inf or ). TAX BILL UED AFTER CLOSE OF ESCROW SHALL BE HANDLED DIRECTLY BETWEEN BUYER AND SELLER. Prorations shall be made based on a mont h h..

Buyer' Buyer's s Ini Initia tials ls

(4-z4 )(

Copyright 1 99 99 1· 1· 2 01 01 0, 0,

CA ALL IF IF OR OR N NII A

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(PA (PAG E 5 O F 8)

OF RE EA A L T OR OR S S® ®,

Seller's Init ials (

)(

)

IN C C..

I

(i) EQUAlHOO~NG

Reviewedby

Date

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OPPORTUNITY

DADD·

1658 W .

 

Pr Prop oper erty ty Ad Addr dres ess: s:

1658 W.131st

S tr e e t

Compton,

90222

CA

Date: June

23( 2011

18 18.. SE SELE LECT CTIO ION N OF SE SERV RVIC ICE E PR PROV OVID IDER ERS: S: Br Brok oker ers s do not not guar guaran ante tee e th the e pe perf rfor orma manc nce e of an any y ve vend ndor ors, s, se serv rvic ice e or pr prod oduc uctt pr prov ovid ider ers s ("Pr ("Prov ovid ider ers" s"), ), wheth whether er re refer ferre red d by Br Brok oker er or se sele lect cted ed by Bu Buye yer, r, Se Sell ller er or 0 may may sele select ct ANY ANY Prov Provid ider ers s of th thei eirr ow own n choo choosi sing ng.. 19, MULTI P PL LE LI ST STI NG NG SERVICE ("MLS"): Brokers ar e aut ho hor iz ized to repo LS a pending sale and, upon Close Of Escrow, the sales price and ot h he er terms of this t ra ransact io ion shall be pr ov ovided to the M LS LS to be published and disseminated t o persons and entities authorized to use the in info form rmati ation on on term terms s appr approv oved ed by th the e MLS. MLS. 20. 20. EQ EQUA UAL L HOUS HOUSIN ING G OP OPPO PORT RTUN UNIT ITY: Y: The The Pr Prop oper erty ty is so sold ld in co comp mpli lian ance ce with with fe fede dera ral, l, st stat ate e an and d loca locall an anti ti-d -dis iscr crim imin inat atio ion n La Laws ws.. 21 21.. AT ATTO TORN RNEY EY FEES FEES:: In an any y acti action on,, proc procee eedi ding ng,, or arbi arbitr trat atio ion n betw betwee een n Bu Buye yerr and and Se Seil iler er ar aris isin ing g ou outt of th this is Ag Agre reem emen ent, t, th the e pr prev evai aili ling ng Bu Buye yerr or Se Sell ller er sh shal alll be enti entitl tled ed to re reas ason onab able le atto attorn rney ey fe fees es and and co cost sts s fro from m the nonnon-pr prev evai aili ling ng Bu Buye yerr or Sell Seller er,, ex exce cept pt as pr prov ovid ided ed in pa para ragr grap aph h 26 26A. A. 22. 22. DEFI DEFINI NITI TION ONS: S: As used used in this this Ag Agre reem emen ent: t: A. " Ac Ac ce ce p ptt a an nc ce e " me a an ns th he e t im ime t h he e o ffff e err o r f in in a all c ou ou n ntt e err o ffff er er i s a c cc c ep ept e ed d in writ rit in in g b y a pa rrtt y a n nd d is d e elli v ve ere red d to an nd d pe ers rso on na a llll y re rec ce eii v ve ed by th he e B. C. D. E.

othe otherr party party or that that part party' y's s autho authori rize zed d agen agentt in acco accord rdan ance ce with with .theterm .theterms s of th this is offer offer or a fi fina nall coun counte terr off offer er.. "CAR "CAR.. Form Form"" me mean ans s the the sp spec ecif ific ic fo form rm refe refere renc nced ed or anot anothe herr co comp mpar arab able le fo form rm agre agreed ed to by th the e pa part rtie ies. s. "Clo "Close se Of Es Escr crow ow"" me mean ans s the the date date th the e gran grantt deed deed,, or ot othe herr evid eviden ence ce of tr tran ansf sfer er of ti titl tle, e, is re reco cord rded ed.. "Cop "Copy" y" me mean ans s copy copy by any any me mean ans s incl includ udin ing g phot photoc ocop opy, y, NC NCR, R, facs facsim imil ile e and and elec electr tron onic ic.. "Day "D ays" s" me mean ans s cale calend ndar ar days days.. Howe Howeve ver, r, Af Afte terr Ac Acce cept ptan ance ce,, th the e last last Da Day y fo forr perf perfor orma manc nce e of an any y ac actt re requ quir ired ed by th this is Ag Agre reem emen entt (i (inc nclu ludi ding ng Clos Close e Of Es Escr crow ow)) sh shal alll no nott incl includ ude e any any Sa Satu turd rday ay,, Su Sund nday ay,, or lega legall ho holi lida day y and and sh shal alll inst instea ead d be th the e ne next xt Day. Day.

F . "D a ay y s Af te te rr"" me a an ns t h he e s pe pe c cii fifi ed ed n u um mb e err o f c al ale n nd da arr d a ay y s a ft ft e err t h he e oc cc c urr urre en nc ce of t h he e ev e en nt sp pe ec ifif iie ed d,, n o ott c o ou un ntt iin ng th he e ca alle n nd da arr d a att e o n w hi hi ch ch the the sp spec ecif ifie ied d ev even entt occu occurs rs,, and and endi ending ng at 11 11:5 :59P 9PM M on th the e fi fina nall day. day. G. "Day "Days s Pr Prio ior" r" me mean ans s the the spec specif ifie ied d numb number er of ca cale lend ndar ar da days ys be befo fore re th the e oc occu curr rren ence ce of th the e ev even entt sp spec ecif ifie ied, d, no nott co coun unti ting ng th the e ca cale lend ndar ar da date te on whic which h th the e sp spec ecif ifie ied d even eventt is sc sche hedu dule led d to occu occur. r. H. "Del "Deliv iver er", ", "D "Del eliv iver ered ed"" or "Del "Deliv iver ery" y",, rega regard rdle less ss of th the e me meth thod od used used (i.e (i.e.. me mess ssen enge ger, r, mail mail,, em emai ail, l, fa fax, x, ot othe her) r),, mean means s an and d sh shal alll be ef effe fect ctiv ive e up upon on (i) personal receipt by Buyer or Seller or the individual R hat principal as specif ied in paragraph D of t he section titled Real Es Esta tate te Brok Broker ers s on page page 8; OR (ii) if checke checked, d, 0 per Form RON). RON). .R. Form "Ele lect ctro roni nic c Copy Copy"" or "Ele "Elect ctro roni nic c Si Sign gnat atur ure" e" me mean ans, s, as appl applic icab able le,, an elec electr tron onic ic co copy py or sign signat atur ure e co comp mply lyin ing g with with Cali Califo forn rnia ia La Law. w. Bu Buye yerr an and d I. "E Seller agree that electronic means will not be used by either party to modify or alter t h he e cont e en nt or int e eg gr iitty of t h hiis Agr e ee ement without t h he e kn know owle ledg dge e and and co cons nsen entt of the the ot othe herr party party.. J. "L "Law aw"" me mean ans s any any law, law, code code,, st stat atut ute, e, ordi ordina nanc nce, e, regu regula lati tion on,, rU rUleor leor orde order, r, wh whic ich h is ad adop opte ted d by a cont contro roll llin ing g city city,, co coun unty ty,, stat state e or fe fede dera rall le legi gisl slat ativ ive, e, ju judi dici cial al or exec execut utiv ive e body body or agen agency cy.. K. "Rep "Repai airs rs"" me mean ans s any any re repa pair irs s (inc (inclu ludi ding ng pest pest co cont ntro rol) l),, alte altera rati tion ons, s, re repl plac acem emen ents ts,, modi modifi fica cati tion ons s or re retro trofi fitt ttin ing g of th the e Prop Proper erty ty pr prov ovid ided ed for un unde derr th this is Agreement. L. "Sig "Signe ned" d" me mean ans s eith either er a ha hand ndwr writ itte ten n or elec electr tron onic ic sign signat atur ure e on an orig origin inal al docu docume ment nt,, Copy Copy or an any y co coun unte terp rpar art. t. 23. B RO RO KE KE R C O OMP MPE EN S SA A TI TI O ON N : S el ell er er o r B uy uy er, er, o r b o ott h h,, a s a p pp p lili ca ca b bll e e,, a g gre ree es t o p a ay y co om mp e en ns sa at iio o n t o B rro o ke ke r a s s p pe ec cii ffii e ed d in a s e ep pa ara ratt e wri ritt tte en ag rre ee m me en ntt be tw twe e en n Brok rok er er a n nd d th ha a t S el el le le r o r B uy uye rr.. C o om m pe pe n ns s at at io ion is p a ay y ab ab le le u p po o n Clo s se e Of E sc sc ro ro w, w, o r i f e sc sc ro ro w do e es s no ott c lo los e e,, a s o tth he erw rwii se se sp spec ecif ifie ied d in the agre agreem emen entt betw betwee een n Br Brok oker er and and th that at Se Sell ller er or Bu Buye yer. r. 24. 24. JO JOIN INT T ES ESCR CROW OW INST INSTRU RUCT CTIO IONS NS TO ES ESCR CROW OW HOLD HOLDER ER:: A, The following paragraphs, or applicable portions t h-ereof, of t his Agr onst itut e t he joint escrow inst ructions of Buyer and Seller to Escrow Holder, which Escrow Holder is to use along with any relate rs and addenda, and any additional mut ual instruct ions to c llo os se e th he e es sc c ro ro w w:: 1 , 3 ,4 ,4 , 6 C C,, 1 1B 1Ba n nd d D, 12, 12, 13B, 13B, 14F, 14F, 17 , 22 raph D of th the e se sect ctio ion n ti titl tled ed Real Real Esta Estate te Brok Broker ers s on pa page ge 8. If a Copy of the separate compensat ion agreement(s) provided r paragraph D of the sect ion t itled Real Est at e Brokers on page 8 is deposited wit h Escrow Holder by Broker, Escrow Holder shall greement(s) and payout of Buyer's or Seller's f unds, or bo both th,, as appl applic icab able le,, the the resp respec ecti tive ve Br Brok oker er's 's comp compen ensa sati tion on prov provid ided ed fo forr in su such ch ag agre reem emen ent( t(s) s).. Th The e te term rms s an and d co cond ndit itio ions ns of th this is Ag Agre reem emen entt no nott spec specif ific ical ally ly refe refere renc nced ed abov above, e, in th the e sp spec ecif ifie ied d para paragr grap aphs hs are are addi additi tion onal al'' ma matt tter ers s fo forr the the in info form rmat atio ion n of Escr Escrow ow Hold Holder er,, bu butt ab abou outt whic which h Escr Escrow ow Ho Hold lder er ne need ed no nott be co conc ncer erne ned. d. Buye Buyerr and and Se Sell ller er wi will ll rece receiv ive e Es Escr crow ow Ho Hold lder er's 's gene genera rall pr prov ovis isio ions ns di dire rect ctly ly fr from om Escr Escrow ow Hold Holder er an and d will will ex exec ecut ute e such such prov provis isio ions ns upon upon Es Escr crow ow Ho Hold lder er's 's re requ ques est. t. To th the e exte extent nt th the e gene genera rall prov provis isio ions ns ar are e in inco cons nsis iste tent nt or conllict with with th this is Agre Agreem emen ent, t, th the e ge gene nera rall prov provis isio ions ns will will co contr ntrol ol as to th the e duti duties es and and obli obliga gati tion ons s of Es Escr crow ow Ho Hold lder er only only.. Bu Buye yerr an and d Sell Seller er will will ex exec ecut ute e ad addi diti tion onal al in inst stru ruct ctio ions ns,, do docu cume ment nts s an and d fo form rms s prov provid ided ed by Escr Escrow ow Hold Holder er th that at are re reas ason onab ably ly nece necess ssar ary y to clos close e th the e escr escrow ow.. B. A Copy Copy of this this Ag Agre reem emen entt sh shal alll be de deli live vere red d to Es Escr crow ow Ho Hold lder er wi with thin in 3 busi busine ness ss days days aft after er Acce Accept ptan ance ce (o (orr 0 -:__ -:---:: ). Escr Escrow ow Ho Hold lder er shal shalll pr prov ovid ide e Sell Seller er's 's State Stateme ment nt of -In-fo-r-m-a-U-o-n-to-T-iU-e-co-m-p-a-n-y-w-h-e-n-re-c-e-iv-e-d-f-ro-m-S-e-lIe-r-.-S-u-y-er-an-d--s-e-lIe-r--:--:---:E=-s-c-ro-w-'Holder o ac acce cept pt an and d re rely ly on Copi Copies es an and d Sign Signat atur ures es as defined in t his Agreement as Originals, t o open escrow and for escrow. The validity of this Agreement as bet ween Buyer and Se Sell ller er is not not affe affect cted ed by wheth whether er or when when Es Escr crow ow Ho Hold lder er Si Sign gns s th this is Ag Agre reem emen ent. t. C. B rro ok ke ers are a p a art rty y to th he e es sc c ro ro w f o orr t h he e s ol ol e pu rrp po os se .o off c om om pe pe n ns s at at io ion p u urs rsu ua an n t t o pa rra ag gra rap ph hs s 23 an nd d pa ara rag g rra ap ph h D of th he e s ec ec titi o on n t iitt lle e d R ea ea l Es Esta tate te Brok Brokers ers on page page 8. Buyer and Seller irrevocably as . compensatio ecif ied in paragraphs 23, res respec pectiv tively ely.. and irr irrevo evocab cably ly inst ruct Escrow Holder t o disburse t hose funds t o Brokers e Of Escrow yot her mut ually executed cancellation agreement. Compensation instructions can be amended or revoked only wit h t he written co . Buyer and Seller shall release and hold harmless E sc scrow row Ho lld de err f ro ro m a n ny y li ab ab ilili ty ty res res ul ul titi ng ng f rro om E s sc c ro ro w H o olld e er' r's s pa ay y me men t t o Br co om mp e en ns sa a ttiio n p u urs rsu ua n ntt t o t h hii s A g gre ree em me en ntt . E sc sc ro ro w H ol ol d de er shall immediately notify Brokers: (i) if Buyer's initial or any addilional deposit is de pursuant to t h hiis Agreement, or is not good at time of depo deposi sitt with with Es Escr crow ow Hold Holder er;; or (ii) (ii) if eithe eitherr Bu Buye yerr or Se Sell ller er inst instru ruct ct Es Escr crow ow Hold Holder er to canc cancel el es escro crow. w. D, A Co op py of an ny y am en en d dm me n ntt t h ha at a ffff e ec c tts s an ny y pa ara rag g rra ap ph h of th hiis Ag rre ee em me n ntt f o orr w h hii ch ch Es cro crow w H ol ol d de e r is re res sp po on ns s ib ib lle e sh ha a llll b e d e elli v ve e rre e d t o Es cro crow w Hold Holder er with within in 2 busi busine ness ss days days after after mu mutu tual al exec execut utio ion n of th the e am amen endm dmen ent. t.

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CALIFORNIA ASSOCIATION OF RE REAL ALTO TORS RS@ @

Property Prope rty Address: Address: ~ ~ . . . . ! ! : . : . . ! : . . : l l i ! . . t . . § 1 ~ ~ l . . . . . ! ~ ~ ~ L ~ _ _ _ ; ! ! m ~ t _

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A. IMPO IMPORT RTAN ANCE CE guar guaran ante teed ed by ei eith ther er profession profe ssionals als who of th the e Prop Proper erty ty nor nor it item ems.af s.affe fect ctin in~~ ~~ r inve inves stiga tigattions ions,, in inc clu ludi ding ng en( en(ja jati tion on by'ap by'ape: e:;;t (:ont :ontro roll 0~ 0~)e )en3 n3ttolf olfOIin OIin::spEl spElc ctina tinac ccE3s cE3ssi sibI bIE~ E~ lf6as clf tl1eP tl1ePr()pe r()perty, rty, qualif qua lified ied expert experts s to con conduc ductt su(;h su(;h cld clddit dition ional al B. BUYE BUYER R RI RIGH GHTS TS AN AND D DU DUTI TIES ES:: You You have have an affi affirm rmat ativ ive e duty duty to exer exerci cise se reas reason onab able le ca care re to prot protec ectt yo your urse self lf,, incl includ udin ing g disc discov over ery y of th the e lega legal, l, prac practi tica call and and tech techni nica call im impl plic icat atio ions ns of di disc sclo lose sed d fact facts, s, and and the the in inve vest stig igat atio ion n and and ve veri rifi fica cati tion on of info inform rmat atio ion n and and fact facts s that that yo you u kn know ow or th that at are are wi with thin in yo your ur di dili lige gent nt atte attent ntio ion n and and obse observ rvat atio ion. n. Th The e purc purcha hase se agre agreem emen entt give gives s yo you u the the righ rightt to inve invest stig igat ate e the the Prop Proper erty ty.. If you exer exerci cis se this this righ rightt, and and yo you u sh shou ould ld,, you mus must do so in acco accord rdan anc ce wit with the the ter terms of that hat agre agreem emen ent. t. Th This is is the best best wa way y fo forr you to prot protec ectt yo your urse self lf.. It is ext extrem remely ely im impo port rtan antt for you you to read read all all writt ritten en rep reports orts prov provid ided ed by prof profes ess siona ionals ls and and to disc discus uss s the resu result lts s of insp inspec ecti tion ons s wi with th the the prof profes essi sion onal al wh who o co cond nduc ucte ted d the the in insp spec ecti tion on.. You You have have the the righ rightt to requ reques estt that that Sell Seller er make make repa repair irs, s, co corr rrec ecti tion ons s or ta take ke othe otherr acti action on base based d upon upon it item ems s di disc scov over ered ed in yo your ur in inve vest stig igat atio ions ns or di disc sclo lose sed d by Sell Seller er.. If Sell Seller er is unwi unwill llin ing g or unab unable le to sa sati tisf sfy y yo your ur requests, or you do not want to purchase the Property i n its disclosed and discovered condi tition, you have the right to cancel the agreement if you act within specific time periods. If you do not cancel the agreement in a timely and proper manner, you may be in bre breach ach of contra contract. ct. C. SELLER RIGHTS AND DUTIES; Seller is required to disclose to you material facts known to him/her that affect the value or desi desira rabi bili lity ty of the the Prop Proper erty ty.. Ho Howe weve ver, r, Sell Seller er may may not not be awar aware e of so some me Prop Proper erty ty defe defect cts s or co cond ndit itio ions ns.. Sell Seller er does does not not have have an obli obliga gati tion on to insp inspec ectt the the Prop Proper erty ty for for yo your ur bene benefi fitt nor nor is Sell Seller er obli obliga gate ted d to repa repair ir,, co corr rrec ectt or othe otherw rwis ise e cu cure re kn know own n defe defect cts s that that ar are e disc disclo lose sed d to yo you u or prev previo ious usly ly unkn unknow own n defe defect cts s that that are are di disc scov over ered ed by you you or yo your ur insp inspec ecto tors rs duri during ng escr escrow ow.. Th The e purc purcha hase se agre agreem emen entt oblig obligat ates es Se Selle llerr to ma make ke th the e Prop Proper erty ty avai availa labl ble e to you you for for inve invest stiga igati tion ons. s. D. BROK BROKER ER OB OBLI LIGA GATI TION ONS: S: Brok rokers ers do not not have have expe experrti tise se in all area areas s and and there hereffore ore canno annott advi advis se you on many any item items s, such such as soi oill stab stabil ilit ity, y, geol geolog ogic ic or envi enviro ronm nmen enta tall cond condit ition ions, s, haza hazard rdou ous s or il ille lega gall co cont ntro roll lled ed subs substa tanc nces es,, stru struct ctur ural al cond condit itio ions ns of the the foun founda dati tion on or othe otherr improvements, or the condition of the roof, plumbing, heating, air conditio' 'cal, wer, septic, waste disposal, or other system. The only way to accurately determine the condition of the Property is th~o by an appropriate professional selected by you. If Broker gives you referrals to such professionals, Broker does n rmance. You may select any professional of your choosing. In sales involving residential dwellings with no mor rs have a duty to make a diligent visual inspection of the accessible areas of the Property and to disclose the ection. However, as some Property defects or conditions may not be discoverable fr-om a visual inspection, it is not aware of them. If you have entered into a written agreement with a Broker, the specific terms of that agreeme ine the nature and extent of that Broker's duty to you. YOU ARE STRONGLY ADVISED TO INVESTIGATE THE CONDITIO ITABILITYOF ALL ASPECTS OF THE PROPERTY. IF YOU DO NO NOT T DOSO, DOSO, YOU AR ARE E ACTIN CTING G AGA AGAIN INS ST TH THE E ADVI DVICE 0 RS. E.yOU ARE E.yOU ARE ADVIS DVISED ED TO CO COND NDUC UCT T INVES NVESTI TIGA GATI TION ONS S OF TH THE E ENT NTIR IRE E PROPE ROPERT RTY, Y, IN INCL CLUD UDIING, NG, BUT NO NOT T LIM LIMITED TED TO TH THE E FOLLOWING: ION OF T HE HE PROPERTY, ITS SYSTEMS A 1. GENERAL CONDIT IO co cond ndit itio ioni ning ng,, el elec ectr tric ical al,, mech mechan anic ical al,, se secu curi rity ty,, pool pool/s /spa pa,, othe otherr s buil builtt-in in appl applian iance ces, s, any any pers person onal al prop proper erty ty incl includ uded ed in

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OMPO OM PONE NENT NTS: S: Fo Foun unda dati tion on,, roof roof,, plum plumbi bing ng,, heat heatin ing, g, air air non-structural systems and components, fixtures, cy of the the Prop Proper erty ty.. (Str (Struc uctu tura rall engi engine neer ers s are are best best

vement vem ents s are struct structura urally lly sound. sound.)) su suit ited ed to dete determ rmin ine e poss possib ible le de desi sign gn or cons constr truc ucti tion on d 2. SQUA SQUARE RE FO FOOT OTAG AGE, E, AGE, AGE, BOUN BOUNDA DARI RIES ES:: Squa Square re lot size size,, age age of impr improv ovem emen ents ts an and d boun bounda dari ries es.. An Any y s, lot nume numeri rica call st stat atem emen ents ts re rega gard rdin ing g thes these e it item ems s are are AP and have not been veri fified by Seller and cannot be ve veri rifi fied ed by Brok Broker ers. s. Fe Fenc nces es,, he hedg dges es,, wa wall lls, s, reta retain inin ing g co cons nstr truc ucte ted d barr barrie iers rs or mark marker ers s do not not nece necess ssar aril ily y iden identi tify fy true true Prop Proper erty ty boun bounda dari ries es.. (Pro (Profe fess ssio iona nals ls su ects ects,, surve urvey yors ors and and civil ivil engi engine neer ers s are best est suit suite ed to det determ ermine ine squ square are footag footage, e, dimens dimension ions s and bou bounda ndari ri 3 . WO WOOD OD DE DEST STRO ROYI YING NG PEST PESTS: S: Pres Presen ence ce of, of, or co cond ndit itio ions ns li like kely ly to le lead ad to the the pres presen ence ce of wo wood od dest destro royi ying ng pest pests s and and orga organi nism sms s and and othe otherr in infe fest stat atio ion n or in infe fect ctio ion. n. Insp Inspec ecti tion on re repo port rts s co cove veri ring ng thes these e it item ems s ca can n be se sepa para rate ted d into into tw two o se sect ctio ions ns:: Sect Sectio ion n 1 iden identi tifi fies es area areas s wh wher ere e in infe fest stat atio ion n or in infe fect ctio ion n is evid eviden ent. t. Sect Sectio ion n 2 id iden enti tifi fies es area areas s wh wher ere e ther there e are are co cond ndit itio ions ns like likely ly to lead lead to infe infest stat atio ion n or infe infect ctio ion. n. A regi regist ster ered ed st stru ruct ctur ural al pest pest cont contro roll comp compan any y is best best suit suited ed to perf perfor orm m thes these e insp inspec ecti tion ons. s. 4. SOIL SOIL STAB STABIL ILIT ITY: Y: Exis Existe tenc nce e of fi fill ll or comp compac acte ted d so soil il,, expa expans nsiv ive e or cont contra ract ctin ing g so soil il,, susc suscep epti tibi bilit lity y to slip slippa page ge,, sett settli ling ng or move moveme ment nt,, and and th the e adeq adequa uacy cy of drai draina nage ge.. (G (Geo eote tech chni nica call engi engine neer ers s are.b are.bes estt suit suited ed to dete determ rmin ine e su such ch co cond ndit itio ions ns,, ca caus uses es and and re reme medi dies es.) .) The c co opyright laws of th the U Un nited States (Title 1 17 7U U..S. Code) fOrPidthe unauthorized e ep productionof t h hiis f or orm,or a n ny ypo orrtionthereof,by p h ho otocopy machineor an any othermeans,includingfacsimileor co computerizedormats. Copyright© 19 CALIFORNIA NIAASSOCIAT ASSOCIATION IONOF OF REALTORS®, 1991 91-2 -200 004, 4, CALIFOR INC.ALL RIGHTS RIGHTSRESERVED. RESERVED. BIA-A BIA -A REVISE REVISED D 10/02 (PAGE 1 OF 2)

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BUYER'S INSPECTION ADVISORY BIA-A PAGE 1 OF 2 Agent: Nicole L. Johnson Phone: (32 Fax:(32 (323) 3) 632 632-28 -2868 68 (323) 3) 927·f6 927·f673 73 Broker: Brok er: KellerWilliams Realt 4644 Admira Admiralty lty WayMarina. WayMarina.delR delRe e ,CA 90292

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5. ROOF: Present condition, age. leaks, and remaining useful life. (R 6. POOL/SPA: Cracks, leaks or operational problems. (Pool contracto 7. WASTE DISPOSAL: Type, size, adequacy, capacity and condition

8. 9.

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contr a ac ct o orrs ar e best suit e ed d t o deter m miine t h he ese conditions. ) uit ed to determine t hese condit ions.) of sewer and sept ic syst ems and components, connection t o

se ew we er, r, a n nd d ap pp pl ic ic ab ab le le f e ee es s.. WATER AND UTI L.ITES; WEL. L SYSTEMS AND COMPONENTS: Wat er and ut ilit y availability, qu a all iitt y, y, a d de eq qu ua ac c y, y, c on on d diit io io n n,, a n nd d pe erf rfo o rrm ma an nc ce e of we elll s y ys s tte em ms s an d c om omp o on ne n ntt s. s.

use restrict ions

and costs. Water

ENVI RONMENTAL HAZARDS: Potential environmental hazards, including, but not limited to, asbestos, lead-based paint and other lead cont amination, radon, methane, ot her gases, fuel oil or chemical ra e tanks, contaminated soil or water, hazardous waste, wast e disposal sit es, electromagnetic f ields, nuclear sources, and bst ances, materials, products, or condit ions (including mold (airborne, toxic or ot herwise), fungus or similar contaminan (For more information on these it ems, you may consult an appropriate profeSSional or read the booklet s "Environmental Hazards: A Guide for Homeowners, Buyers, Landlords and Tenants, " "Prot ect Your Family From Lead in Your Home" or both. ) AND FLO G: Susceptibility of th flood. (A Geologist or Geotec Engineer is best

10. EARTHQUAKES

(seismic hazards and propensity n th thes ese e cond condit itio ions ns.) .)

11. FIRE,

of the Property

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HAZARD AND OTHER I NSURANCE: The av esired insurance may vary. The locat ion of the Propert y in a seismic, f lood or fire hazard zone, and ot her conditi ge of the Property and the claims history of the Propert y and Buyer, may af fect the availabilit y and need f or certai rance. Buyer should explor e insurance opt iio ons early as this inf ormation m aff ect ot her decisions, including the rem o va va and inspection contingencies. (An insurance agent is best suited to provide at ion on these con s.) 12. BUILDING PERMI TS, ZONING AND GOV ENTAL IREMENTS.: Permits, inspections, certificat es, zoning, ot her governmental limitat ions, restrictions, and requirements aff ec e current or fut ure use of t he P , it s development or size. (Such informat ion is available f rom appropriate governmental agencies and privat e inf ormation provi . Brokers are not qualified to rev rev ie ie w o r in te terpre rprett an y s uc uc h i n nff o orm rma a ttiio n n.. )

13. RENTAL

PROPERTY charged, t he maximum syst ems f or doors and (Go (Go v ve e rrn nm me en ntt a g ge en c cii es es

14. SECURITY

RESTRI CTIONS: Some cit ies and counties im rest rict ions that limit t he amount of rent t hat can be number of occupants; and the right of a Jandlor rminat e a tenancy. Deadbolt or other locks and security windows, including window bars, should be determine whether they sat isf y legal requirements. c an an p rro ov vii de de i nf nf o orm rma a ttiio n a b bo ou t t h he es se e res res ttri ric c ttii on on s a n nd d o tth he err re req qu llre rem me n ntt s. s. )

AND SAFETY: State and local Law may require t he Installation of barriers, access alarms, self -latching mechanisms and/ or ot her measures to decrease t he risk t o children of existing swimming pools and hot t ubs, as well as various f ire safety and ot her measures concerning ot her feat ur roperty. Compliance requirement s diff er f rom city t o city and cou~ty t o count y. Unless specifically agreed, t he Propert y may not be in ance wit h t hese requirements. (Local government agencies can provide information about t he hese r es est ririct io ions and other require

15; NEIGHBORHOOD, AREA, SUBDIVISION CONDI TI ONS; PER TORS: Neighborhood or area conditions, including schools, proximity and adequacy of law enforcement, crime st atis ximit y of regist ered felons or off enders, fire prot ection, ot her government services, availabilit y, adequacy and cost of ired, wireless internet connect ions or other t elecommunications or other technology services and installations, to commerCial, indust rial or agricultural. activities, exist ing and proposed t ransport ation, construct ion and developme aff ect noise, view, or traff ic, airport noise. noise or odor from any source. wild and domest ic animals, other nuisances or circumstances, protect ed species, wet land propert ies, bo ott a an n iic c al al d is is ea ea s se es s,, h is is to to rrii c o r o tth he err g o ov v ern ernm me n ntt a alll y p rro o tte ec ctt e ed d Sl es or Impr ov ovements, cemeteries, facilit iie es and condit iio on of con: mo mon areas of common interest subdivisions, and possible lack of compliance with any governing documents or Homeowners' ASSOCiat iio on requirements, conditions and inf luences of significance to cert ain cult ures and/or religions, and personal needs, requirements and pref ref e ere ren nc ce es o f Bu y ye e rr.. Buyer and Seller acknowledge and agree that Broker: (i) r should payor S ould accept; (ii) Does not guarant ee t he condit ion of the Propert y; (iii) Does not gu g uara complet eness of tions, services, product s or repairs provided or made by Seller or others; (iv) Does not have an cond t an inspection of common areas or areas. of off the site of the Prop rope rrtt y; y; (v) (v) S ha ha llll no t b e res res p po on s sii bl ble f o orr i de den ttiif y yii ng ng d e eff e ec c tts s on th he e Pr i n c om ommo n are rea a s, s, o r o ffff si si tte e un nll e es ss su uc ch de eff e ec c ts ts a re Visua Visually lly observable observable by an in insp spec ecti tion on of reas reason onab ably ly ac acce cess ssib ible le area areas s of th the e Pr Prop oper erty ty or are are kn know own n to Br Brok oker er;; (v (vi) i) Sh Shal alll no nott be re resp spon onsi sibl bl~ ~ fo forr insp inspec ectl tl~g ~g pu publ blic ic re re?o ?ord rd~ ~ or pe perm rmit its s co conc ncer erni ning ng the the titl title e or use use of Pr Prop oper erty ty;; (vii (vii)) Sh Shal alll not not be resp respon onsi sibl ble e fo forr iden identi tify fyin ing g th the e lo loca cati tion on of bo boun unda dary ry lines or oth other er Items Items aff~ aff~cti ctinQtI~le nQtI~le;; (vii (viii) i) Sh Shal alll not not be re resp spon onsi sibl ble e for ve veri rify fyin ing g sq squa uare re fo foot otag age, e, re repr pres esen enta tati tion ons s of ot othe hers rs or in info form rmat atio ion n conta contain ined ed in In Inve vest stig igati ation on re repo ports rts,, Mult Multip iple le Li List stin ing g Service, advert isements, flyers or ot her promotional material; (ix) Shall not for providi~g leg~1 o orr tax ~dvice regarding any aspect of a transaction entered into by by B Bu uyer o r S Se eller; and (x ( x) Shall n ot b er advice or in info form rmat atio ion n th tha! a! ex exce ceed eds s th th.eknow .eknowle ledg dge, e, educat ion and experience required to perform real estat e des desire ired d ass assist istanc ance e from app approp ropria riate te profes professio sional nals. s.

ler agree to seek legal, t ax, I nsurance, bile and ot her understand,

Se Sell ller er

Si Sign gnat atur ure e

Date

accept and have received a Copy of

Bu Buye yerr

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Date

Se Sell ller er

Si Sign gnat atur ure e

Date

o RE EP PR ES ES EN EN T TA AT IIO ON i s M A AD DE AS TO TH HE E L EG EGA L VA LI LI D Dii T TY Y OR 1S THE PERSON QUALIFIED TO ADVISE ON REAL ESTATE NAL. EAL EALTOR TOR®. ®. REA REALTOR® LTOR® is a registered col collec lective tive member membershi ship p mar mark k its Codeof Ethics.

THIS THIS FO FORM RM HAS HAS B EE EE N A PP PP R RO OV VE E D B Y THE THE CALI CALIFO FORN RNIA IA A S SS S OCI OCI ADEQUACY OF ANY PROVI S SII O ON N I N ANY SPECIFI C T RA RANSA TRA TRA N NS S ACT ACTIO IONS NS.. IFYO U DES DES IRE IRE LE LEG GA AL L O R TAX TAX A D DV V IICE CE,, CONS CONSUL UL This form" use by th t he entire real estate industry. It is not i which mbers of the the NATIO NATIONA NAL L ASSO ASSOCIA CIATIO TION N OF

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EQU A lH QU ~N~ l lP P O R T U N l iY

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