NEW LISTING - AGENT CHECKLIST - TIPS & SUGGESTIONS - … · 2020. 3. 13. · NEW LISTING - AGENT CHECKLIST - TIPS & SUGGESTIONS - Updated: August 2019 . 1) Visit property, take notes,

NEW LISTING - AGENT CHECKLIST - TIPS & SUGGESTIONS - Updated: August 2019 1) Visit property, take notes, fill out MLS property data form, take photos 2) Make Your Listing Presentation and List the Property:

(A) Explain listing agreement, including the 6 month “Broker Protection Clause”. HAVE THE OWNER SIGN THE “EXCLUSIVE RIGHT TO SELL AGREEMENT” (and leave owner 1 copy of the fully-executed listing contract).

(B) HAVE THE OWNER COMPLETE AND SIGN THE “RESIDENTIAL PROPERTY DISCLOSURE” FORM. (C) PROVIDE THE OWNER WITH A COPY OF THE “CONSUMER GUIDE TO AGENCY RELATIONSHIPS” and have

Owner sign the “Receipt” acknowledging you gave them the Guide. You retain the signed Receipt. (D) DISCUSS “AGENCY” AND PROVIDE EXAMPLES OF VARIOUS AGENCY SCENARIOS THAT MAY OCCUR. (E) PRESENT AND EXPLAIN THE “EPA/HUD” FACT SHEET TO OWNER. (F) HAVE THE OWNER COMPLETE AND SIGN EITHER THE “DISCLOSURE OF INFORMATION ON LEAD BASE PAINT”

FORM OR THE “EXEMPTED LEAD BASE PAINT” FORM. (G) HAVE THE OWNER COMPLETE AND SIGN THE “LOAN PAYOFF AUTHORIZATION FORM” (if they have a mortgage on

the property). This form will be required by the title company at time of closing to obtain loan payoff amounts. (H) Discuss out-of-town referral possibilities (if applicable). (I) Explain the showing process and how they can help by making sure the house is de-cluttred, neat, and clean

with all lights on, etc. Advise the owner to leave for the showings if possible. (J) Discuss the value of using a lockbox on the property. (K) Discuss necessary repairs/improvements and/or staging the home so the property shows to its fullest

potential. (L) Explain the marketing process. Obtain permission for “Open Houses” (if appropriate). Explain how we

“market” through the MLS, Realtor.com, Zillow, and the Loss Realty Group website and Facebook. (M) Present home warranty program(s) for acceptance or waiver. Go over the home warranty worksheet with

seller and have them sign (either accepting or waiving the coverage). If accepting, explain the home is covered from the listing date and transfers to buyer at closing (with this seller expense paid at closing).

(N) Ask if there are any additional encumbrances on the property (second mortgage, equity line of credit, unpaid bills for work done in the last 60 days, etc.).

(O) Ask if flood insurance has been required in the past. (P) Discuss the 30-day price review and potential adjustment(s) in the asking price in response to showing

feedback. (Q) Explain the Offer process, including their options of accepting, countering, or rejecting an Offer. (R) Explain the “subject to inspection” provision in the Offer. (S) Explain the guidelines for the “earnest money deposit”. (T) Fill out the “Seller’s Net Sheet” for Owner.

3) Turn In The Listing at the Office:

(A) Complete the “Sign Installation” form requesting installation of the sign (Tuesdays and Fridays). If you do install your own sign, let marketing director know so it can be noted in the file when you turn in the paperwork.

(B) Complete the MLS profile sheet and check for accuracy. If a “required field” is left blank, it could result in your listing not being entered into the MLS system until that information is required. Please make certain schools, tax information, subdivision, and appliances that will stay are all correct. Please see the MLS Coordinator or other staff member if you have any questions regarding the MLS profile sheet.

(C) Turn in the “Listing File” to the MLS Coordinator when completed and it will be entered in to the MLS system. You will receive a “proof” of the completed sheet for your approval. Any disclosures, addendums, etc. would be uploaded at the same time, so please include them with your MLS profile sheet. Copies of your listing will be placed at the front desk in the decks. The “Listing File” will become the “Sale File” once an offer is received on the property. The files for all listings are housed in the Bookkeeper’s Office. Retain copies of everything you turn in to the office for your own file.

4) Plan Your Marketing Strategy - Our Front Desk / Marketing Coordinator is here to create a marketing piece on

your listing(s). Just advise what you want done and a marketing piece will be prepared for your listing.

If you have any questions, please don’t hesitate to see Jim Loss or Debbie Ross. \\server-pc\Users\Debbie Ross\Desktop\LRG ITEMS\NewListingChecklist.LRG.5.2019.wpd

COMPLETE LISTING FILES Summary- Updated January, 2020

To process your listings in the MLS, your Ohio files must include the following: The “Coming Soon” Addendum Form (if a “coming soon” listing) The fully-executed receipt of the Consumer Guide to Agency Form The Agency Disclosure Form is optional. Seller will need to sign this at the time of

Offer, but we include it in the file to familiarize them with the form. The fully-executed Exclusive Right to Sell Agreement (the listing contract).

**Short Sale Addendum if it is a Short Sale Listing - Forms are in Listing Cabinet in the front area of the office. This needs to be added if you are going out on a Short Sale Listing Appointment. They are not automatically included in this Listing File. **

The completed and fully-executed Residential Property Disclosure Form or

Residential Property Disclosure Exemption Form Either the signed Disclosure of Information Lead Base Paint Form or the signed

Exempted Lead Base Paint Form The “Seller Consent For Unsupervised Access” Form The Anti-Fraud Form (internal company form). The Loan Payoff Authorization Form (if applicable) completed and executed by

Seller. If they do not want to fill it out while you are there, leave the form with them and advise them that the title company will need it completed when we have an accepted offer on their property.

The original accepted (and executed) Home Warranty Plan (Plus Worksheet) or the

executed waived Home Warranty Plan. *Please note we need original of this at the time the listing information is given to MLS Coordinator to process with home warranty company at time of closing. We now offer two (2) Home Warranties (Cinch-HMS and America’s Preferred).

The completed Sign Installation *If installing the sign yourself, please advise MLS Coordinator of

same. The fully-completed MLS Profile Sheet. *If a “required field” is left blank, it could result in

your listing not being entered until said information is provided to MLS Coordinator.

There may be other forms in each file that are at your discretion to use as needed at the time of listing.

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West Office 6060 Renaissance Place Suite A Toledo, Ohio 43623 Office: 419-537-0090

South Office 6546 Weatherfield Court Building E – Suite 5 Maumee, Ohio 43537 Office: 419-794-0090

Michigan Office 4348 S. 5

th Street

P.O. Box 393 Luna Pier, Michigan 48157Office: 734-847-2200

________________________________________________________________________________________________________________________________

CONSUMER GUIDE TO AGENCY RELATIONSHIPS Loss Realty Group

We are pleased you have selected Loss Realty Group to help you with your real estate needs. Whether you are selling, buying or leasing real estate, Loss Realty Group can provide you with expertise and assistance. Because this may be the largest financial transaction you will enter into, it is important to understand the role of the agents and brokers with whom you are working. Below is some information that explains the various services agents can offer and their options for working with you.

For more information on agency law in Ohio you can also contact the Ohio Division of Real Estate & Professional Licensing at (614) 466-4100, or on their website www.com.state.oh.us.

Representing Sellers Most sellers of real estate choose to list their home for sale with a real estate brokerage. When they do so, they sign a listing agreement that authorizes the brokerage and the listing agent to represent their interests. As the seller’s agent, the brokerage and listing agent must: follow the seller’s lawful instructions, be loyal to the seller, promote the seller’s best interests, disclose material facts to the seller, maintain confidential information, act with reasonable skill and care and, account for any money they handle in the transaction. In rare circumstances, a listing broker may offer “subagency” to other brokerages which would also represent the seller’s interests and owe the seller these same duties.

Representing Buyers When purchasing real estate, buyers usually choose to work with a real estate agent as well. Often the buyers want to be represented in the transaction. This is referred to as buyer’s agency. A brokerage and agent that agree to represent a buyer’s interest in a transaction must: follow the buyer’s lawful instructions, be loyal to the buyer, promote the buyer’s best interests, disclose material facts to the buyer, maintain confidential information and account for any money they handle in the transaction.

Dual Agency Occasionally the same agent and brokerage who represents the seller also represents the buyer. This is referred to as dual agency. When a brokerage and its agents become “dual agents,” they must maintain a neutral position in the transaction. They may not advocate the position of one client over the best interests of the other client, or disclose any confidential information to the other party without written consent.

Representing Both the Buyer & Seller On occasion, the buyer and seller will each be represented by two different agents from the same brokerage. In this case the agents may each represent the best interest of their respective clients. Or, depending on company policy, the agents may both act as dual agents and remain neutral in the transaction. When either of the above occurs, the brokerage will be considered a dual agent. As a dual agent the brokerage and its managers will maintain a neutral position and cannot advocate for the position of one client over another. The brokerage will also protect the confidential information of both parties.

Working With Loss Realty Group Loss Realty Group does offer representation to both buyers and sellers. Therefore the potential exists for one agent to represent a buyer who wishes to purchase property listed with another agent in our company. If this occurs each agent will represent their own client, but Loss Realty Group and its managers will act as a dual agent.

Continued on Reverse Side

This means the brokerage and its managers will maintain a neutral position and not take any actions that will favor one side over the other. Loss Realty Group will still supervise both agents to assure that their respective clients are being fully represented and will protect the parties’ confidential information.

In the event that both the buyer and seller are represented by the same agent, that agent and Loss Realty Group will act as dual agents but only if both parties agree. As dual agents they will treat both parties honestly, prepare and present offers at the direction of the parties, and help the parties fulfill the terms of any contract. They will not, however, disclose any confidential information that would place one party at an advantage over the other or advocate or negotiate to the detriment of either party.

If dual agency occurs you will be asked to consent to it in writing. If you do not agree to your agent acting as a dual agent, you can ask that another agent in our company be assigned to represent you or you can seek representation from another brokerage.

As a buyer, you may also choose to represent yourself on properties Loss Realty Group has listed. In that instance Loss Realty Group will represent the seller and you would represent your own best interests. Because the listing agent has a duty of full disclosure to the seller you should not share any information with the listing agent that you would not want the seller to know.

Working With Other Brokerages When Loss Realty Group lists property for sale it also cooperates with, and offers compensation to, other brokerages that represent buyers. Loss Realty Group does reserve the right, in some instances, to vary the compensation it offers to other brokerages. As a seller, you should understand that just because Loss Realty Group shares a fee with a brokerage representing the buyer, it does not mean that you will be represented by that brokerage. Instead that company will be looking out for the buyer and Loss Realty Group will be representing your interests. When acting as a buyer’s agent, Loss Realty Group also accepts compensation offered by the listing broker. If the property is not listed with any broker, or the listing broker does not offer compensation, we will attempt to negotiate for a seller-paid fee.

Fair Housing Statement It is illegal, pursuant to the Ohio Fair Housing Law, division (H) of Section 4112.02 of the Revised Code and the Federal Fair Housing Law, 42 U.S.C.A. 3601, to refuse to sell, transfer, assign, rent, lease, sublease or finance housing accommodations, refuse to negotiate for the sale or rental of housing accommodations, or otherwise deny or make unavailable housing accommodations because of race, color, religion, sex, familial status as defined in Section 4112.01 of the Revised Code, ancestry, military status as defined in that section, disability as defined in that section, or national origin or to so discriminate in advertising the sale or rental of housing, in the financing of housing, or in the provision of real estate brokerage services. It is also illegal, for profit, to induce or attempt to induce a person to sell or rent a dwelling by representations regarding the entry into the neighborhood of a person or persons belonging to one of the protected classes.

We hope you find this information to be helpful to you as you begin your real estate transaction. When you are ready to enter into a transaction, you will be given an Agency Disclosure Statement that specifically identifies the role of the agents and brokerages. Please ask questions if there is anything you do not understand.

Because it is important that you have this information, Ohio law requires that we ask you to sign our Receipt of Agency Policy form, acknowledging receipt of this Consumer Guide. Your signature will not obligate you to work with Loss Realty Group if you do not choose to do so.

_____________________________________________ ______________________________________________ Purchaser Date Seller Date

_____________________________________________ ______________________________________________ Purchaser Date Seller Date

PROPERTY ADDRESS: _______________________________________________________________________________________

EXCLUSIVE RIGHT TO SELL LISTING AGREEMENTLOSS REALTY GROUP

_____________________________________________________________ In consideration of the agreement of LOSS REALTY GROUP and the Agent named below to use their best efforts to find a purchaser, the undersigned (SELLERS) hereby grant LOSS REALTY GROUP the exclusive right, for a term of six (6) months beginning on

______________________ 20_____ and expiring at 11:59 p.m.on __________________, 20_____ to sell the property known as:

_______________________________________________________________________________________

_______________________________________________________________________________________

TD and Parcel Number:_____________________ , for the sum of $ , orany other price, terms, or exchange to which the Sellers may agree in writing.

If an offer is obtained on the above terms, or an offer is obtained on terms to which Seller consents in writing, or if the Property is sold by you, or me alone, or by any other person or broker before the expiration of this Agreement, or within six (6) months after such expiration, it is sold, traded, rented and subsequently sold, or otherwise disposed of directly or indirectly, by you or by any other person or broker to or for the benefit of any person with whom you or I or any other broker had negotiations; or with which you or I or any other broker introduced to the property; or if within the listing period it is rented to any such person and subsequently sold to such person, Seller promises to pay Broker a brokerage fee equal to 7% of the sale price of the residential properties and 10% of the sale price of commercial properties, business opportunities, land, and vacant lots. Seller understands that all funds are to be U.S. Currency and that Seller will be charged a minimum fee of $2,800.00. The Seller consents and agrees to Broker receiving certain fees over and above the real estate fee for services that may be provided by Broker to the Seller and/or Purchaser.

This Agreement is subject to the following terms and conditions:

1. In the event of such sale, Seller will execute and deliver to the Purchaser a Warranty Deed for the Property with fullcovenants of warranty and release of dower, if applicable.

2. Seller represents the title to the Property to be good and merchantable and to be in the name of the undersigned Seller,and Seller will furnish evidence of marketable title made by a responsible title company along with proof of payment ofwater/sewer services for said Property.

3. Seller will pay any delinquent taxes and assessments, association fees, condominium charges, interest on mortgagesassumed by Purchaser and any agricultural use tax recoupment for years prior to the year of closing. Seller agrees thatthe next tax and assessment payment due will be prorated between the Purchaser and me according to the custom ofthe local area where the property is located. Seller agrees, if applicable, any rents, condominium charges, interest onmortgages assumed and agricultural use tax recoupment for the year of closing will be prorated between the Purchaserand me to the date of closing. Seller understands that in prorating taxes and assessments, the latest available taxes andassessment will be used.

4. Broker is authorized to place a “FOR SALE” sign on the Property. Seller agrees to make the Property available forshowings by Broker at any reasonable time. Seller agrees that once an accepted purchase offer has been obtained,Broker may, with Seller’s acknowledgement, cease his efforts to market the property although any additional offersreceived shall be delivered to Seller. Broker is further authorized to photograph the Property and publish suchphotographs and retain a key at the office and/or in the lockbox at the Property for showings, inspections, and the like.Seller authorizes Broker to give access to such persons as Broker deems necessary or desirable to complete the sale ofthe Property. Seller agrees the Broker shall not be responsible for any claim arising out of any loss or damage on theProperty (except damage for which Broker or his agent is the sole proximate cause) and Seller agrees to, and herebydoes, indemnify Broker against such claims.

Page 1 of 3

5. Possession will be given Purchaser _________________ days from the date of closing. Property will be conveyed to

Purchaser in the same condition as when contracted for, normal wear and tear and casualty excepted. Seller is aware that Seller is responsible for the maintenance and care of the Property and the Broker assumes no responsibility for same.

6. SELLER HEREBY ACKNOWLEDGE THE EXISTENCE OF VARIOUS FEDERAL, STATE, AND LOCAL “FAIR HOUSING” LAWS AND

AGREES TO OBSERVE THEIR VARIOUS PROVISIONS.

7. Seller represents that the use of the Property herein listed is in conformity with applicable zoning laws and restrictions of record and that there are no pending orders of The Board of Health against the Property.

8. Seller further represents that all information set forth in this Agreement is true and accurate, and that any hidden

defects in the Property that are known to the Seller are shown herein. Seller further agrees to indemnify Broker in the event that Broker and/or Broker’s Agents are damaged by Seller’s failure to disclose any defects. To the best of Seller’s knowledge and belief, Seller represents to Broker and prospective Purchasers that there are no hazardous materials or substances on the Property nor is the Property infested with termites or other pests, except as follows:

_________________________________________________________________________________________________ (if none, write in “NONE”)

9. Seller agrees, as required by the State of Ohio and the State of Michigan, to fully and accurately complete a Residential

Property Disclosure form containing at least the information required by The Ohio Division of Real Estate and the State of Michigan, if applicable. Seller authorizes Broker to deliver a copy of this form to prospective Purchasers.

10. Seller authorizes Broker to seek information as to liens, loan balances, and escrow balances from any financial

institution, individual, or any other party that may have a lien on the Property. 11. Seller authorizes Broker to file, disseminate, and distribute Property Information to agents duly licensed in the State of

Ohio. Broker is authorized to engage and use duly licensed agents and will share its brokerage fees with said agents. Seller understands that Broker’s Agents are Independent Contractors.

12. Seller will refer all inquiries received by Seller during the term of this Agreement to the Broker.

13. Seller represents to Broker that Seller is not a foreign person subject to the withholding provisions of Section 1445 of the

Internal Revenue Code.

14. In the event one or more persons holding a legal or equitable interest in the Property has not signed as Seller below, Seller agrees (at Seller’s expense) to do any of the following which are necessary to transfer marketable title to the Property pursuant to this Agreement: (a) obtain any necessary signatures or consents to any purchase contract, this Agreement, and any other document; and/or (b) take any other necessary action.

15. Seller acknowledges and consents to the fact that Broker shall not release any earnest money unless and until Broker has

received a written agreement signed by the Seller and Purchaser for the return or delivery of such funds, or a Court Order or Judgment directing said deposit be disbursed. In the event that such a written agreement is not received, Broker may place such funds with a local judicial authority to determine the appropriate disposition of such monies or take such other action as may be allowed by law or regulatory agency.

Additional Terms: ____________________________________________________________________________________ ____________________________________________________________________________________________________

Page 2 of 3

I represent that this Agreement sets forth all of the terms agreed upon by LOSS REALTY GROUP by and through the Listing Agent and myself (as Seller).

FAIR HOUSING STATEMENT It is illegal, pursuant to Ohio Fair Housing Law, Division (H) of Section 4112.02 of The Revised Code and The Federal Fair Housing Law, 42 U.S.C.A. 3601, to refuse to sell, transfer, assign, rent, lease, sublease, or finance housing accommodations, refuse to negotiate for the sale or rental of housing accommodations, or otherwise deny or make unavailable housing accommodations because of race, color, religion, sex, familial status, and/or military status as defined in Section 4112.01 of The Revised Code; ancestry, disability as defined in that section, or national origin; or to so discriminate in advertising the sale or rental of housing, in the financing of housing, or in the provision of real estate brokerage services. It is also illegal, for profit, to induce or attempt to induce a person to sell or rent a dwelling by representations regarding the entry into the neighborhood of a person or persons belonging to one of the protected classes. It is also illegal under Michigan Fair Housing Law to discriminate against any of the Ohio protected classes. Additional protected classes in Michigan are age and marital status. ________________________________________________________________________________________________________ Seller (Signature) Date Seller’s Printed Name ________________________________________________________________________________________________________ Seller (Signature) Date Seller’s Printed Name Current Address City State Zip Code ____________________________________________ _________________________________________________________ Phone Email

LOSS REALTY GROUP

Listing Agent’s Signature Date Agent’s Printed Name Phone Number West Office South Office Michigan Office 6060 Renaissance Place-Suite A 6546 Weatherfield Court 4348 S. 5th Street Toledo, Ohio 43623 Maumee, Ohio 43537 Luna Pier, Michigan 48157 419.537.0090 419-794-0090 734.847.2200

Page 3 of 3

RESIDENTIAL PROPERTY DISCLOSURE FORM

Purpose of Disclosure Form: This is a statement of certain conditions and information concerning the property actually known by the owner. An owner may or may not have lived at the property and unless the potential purchaser is informed in writing, the owner has no more information about the property than could be obtained by a careful inspection of the property by a potential purchaser. Unless the potential purchaser is otherwise informed, the owner has not conducted any inspection of generally inaccessible areas of the property. This form is required by Ohio Revised Code Section 5302.30.

THIS FORM IS NOT A WARRANTY OF ANY KIND BY THE OWNER OR BY ANY AGENT OR SUBAGENT REPRESENTING THE OWNER. THIS FORM IS NOT A SUBSTITUTE FOR ANY INSPECTIONS. POTENTIAL PURCHASERS ARE ENCOURAGED TO OBTAIN THEIR OWN PROFESSIONAL INSPECTION(S).

Owner’s Statement: The statements contained in this form are made by the owner and are not the statements of the owner’s agent or subagent. The statements contained in this form are provided by the owner only to potential purchasers in a transfer made by the owner. The statements are not for purchasers in any subsequent transfers. The information contained in this disclosure form does not limit the obligation of the owner to disclose an item of information that is required by any other statute or law to be disclosed in the transfer of residential real estate.

OWNER INSTRUCTIONS

Instructions to Owner: (1) Answer ALL questions. (2) Report known conditions affecting the property. (3) Attach additional pages with your signature if additional space is needed. (4) Complete this form yourself. (5) If some items do not apply to your property, write NA (not applicable). If the item to be disclosed is not within your actual knowledge, indicate Unknown.

Owner’s Initials Owner’s Initials

Date Date

(Page 1 of 5)

Purchaser’s Initials Purchaser’s Initials

Date Date

STATE OF OHIO 2013

DEPARTMENT OF COMMERCE

Is the quantity of water sufficient for your household use? (NOTE: water usage will vary from household to household) Yes No

2013 STATE OF OHIO DEPARTMENT

OF COMMERCE

RESIDENTIAL PROPERTY DISCLOSURE FORM

Pursuant to section 5302.30 of the Revised Code and rule 1301:5-6-10 of the Administrative Code.

TO BE COMPLETED BY OWNER (Please Print) Property Address:

Owners Name(s):

Date: , 20 Owner is is not occupying the property. If owner is occupying the property, since what date:

If owner is not occupying the property, since what date:

THE FOLLOWING STATEMENTS OF THE OWNER ARE BASED ON OWNER’S ACTUAL KNOWLEDGE

A) WATER S

Do you know of any current leaks, backups or other material problems with the water supply system or quality of the water? Yes No If “Yes”, please describe and indicate any repairs completed (but not longer than the past 5 years):

B) SEWER SYSTEM: The nature of the sanitary sewer system servicing the property is (check appropriate boxes):

If not a public or private sewer, date of last inspection: Inspected By:

Do you know of any previous or current leaks, backups or other material problems with the sewer system servicing the property? Yes No If “Yes”, please describe and indicate any repairs completed (but not longer than the past 5 years):_

Information on the operation and maintenance of the type of sewage system serving the property is available from the department of health or the board of health of the health district in which the property is located.

C) ROOF: Do you know of any previous or current leaks or other material problems with the roof or rain gutters? Yes No If “Yes”, please describe and indicate any repairs completed (but not longer than the past 5 years):

D) WATER INTRUSION: Do you know of any previous or current water leakage, water accumulation, excess moisture or other defects to the property, including but not limited to any area below grade, basement or crawl space? Yes No If “Yes”, please describe and indicate any repairs completed:

Owner’s Initials Date Purchaser’s Initials Date Owner’s Initials Date

(Page 2 of 5) Purchaser’s Initials Date

UPPLY: The source of water s Public Water Service

upply to the property is (check appropr Holding Tank

iat boxes): Unknown

Private Water Service Cistern Other Private Well Spring Shared Well Pond

Public Sewer Private Sewer Septic Tank Leach Field Aeration Tank Filtration Bed Unknown Other

g

Property Address_

Do you know of any water or moisture related damage to floors, walls or ceilings as a result of flooding; moisture seepage; moisture condensation; ice damming; sewer overflow/backup; or leaking pipes, plumbing fixtures, or appliances? Yes No If “Yes”, please describe and indicate any repairs completed:

Have you ever had the property inspected for mold by a qualified inspector? Yes No If “Yes”, please describe and indicate whether you have an inspection report and any remediation undertaken:

Purchaser is advised that every home contains mold. Some people are more sensitive to mold than others. If concerned about this issue, purchaser is encouraged to have a mold inspection done by a qualified inspector.

E) STRUCTURAL COMPONENTS (FOUNDATION, BASEMENT/CRAWL SPACE, FLOORS, INTERIOR AND EXTERIOR WALLS): Do you know of any previous or current movement, shifting, deterioration, material cracks/settling (other than visible minor cracks or blemishes) or other material problems with the foundation, basement/crawl space, floors, or interior/exterior walls?

Yes No If “Yes”, please describe and indicate any repairs, alterations or modifications to control the cause or effect of any problem identified (but not longer than the past 5 years):

Do you know of any previous or current fire or smoke damage to the property? Yes No If “Yes”, please describe and indicate any repairs completed:

F) WOOD DESTROYING INSECTS/TERMITES: Do you know of any previous/current presence of any wood destroyin insects/termites in or on the property or any existing damage to the property caused by wood destroying insects/termites? Yes No If “Yes”, please describe and indicate any inspection or treatment (but not longer than the past 5 years):

G) MECHANICAL SYSTEMS: Do you know of any previous or current problems or defects with the following existing mechanical systems? If your property does not have the mechanical system, mark N/A (Not Applicable).

YES NO N/A YES NO N/A 1) Electrical 8) Water softener 2) Plumbing (pipes) a. Is water softener leased? 3) Central heating 9) Security System 4) Central Air conditioning a. Is security system leased? 5) Sump pump 10) Central vacuum 6) Fireplace/chimney 11) Built in appliances 7) Lawn sprinkler 12) Other mechanical systems If the answer to any of the above questions is “Yes”, please describe and indicate any repairs to the mechanical system (but not longer than the past 5 years):

H) PRESENCE OF HAZARDOUS MATERIALS: Do you know of the previous or current presence of any of the below identified hazardous materials on the property?

Yes No Unknown 1) Lead-Based Paint 2) Asbestos 3) Urea-Formaldehyde Foam Insulation 4) Radon Gas

a. If “Yes”, indicate level of gas if known 5) Other toxic or hazardous substances If the answer to any of the above questions is “Yes”, please describe and indicate any repairs, remediation or mitigation to the property:

Owner’s Initials Date Purchaser’s Initials Date Owner’s Initials Date

(Page 3 of 5) Purchaser’s Initials Date

Property Address_

I) UNDERGROUND STORAGE TANKS/WELLS: Do you know of any underground storage tanks (existing or removed), oil ornatural gas wells (plugged or unplugged), or abandoned water wells on the property? Yes NoIf “Yes”, please describe:

Do you know of any oil, gas, or other mineral right leases on the property? Yes No

Purchaser should exercise whatever due diligence purchaser deems necessary with respect to oil, gas, and other mineral rights. Information may be obtained from records contained within the recorder’s office in the county where the property is located.

J) FLOOD PLAIN/LAKE ERIE COASTAL EROSION AREA: Yes No Unknown Is the property located in a designated flood plain?Is the property or any portion of the property included in a Lake Erie Coastal Erosion Area?

K) DRAINAGE/EROSION: Do you know of any previous or current flooding, drainage, settling or grading or erosion problemsaffecting the property? Yes NoIf “Yes”, please describe and indicate any repairs, modifications or alterations to the property or other attempts to control anyproblems (but not longer than the past 5 years):_

L) ZONING/CODE VIOLATIONS/ASSESSMENTS/HOMEOWNERS’ ASSOCIATION: Do you know of any violations ofbuilding or housing codes, zoning ordinances affecting the property or any nonconforming uses of the property? Yes NoIf “Yes”, please describe:

Is the structure on the property designated by any governmental authority as a historic building or as being located in an historic district? (NOTE: such designation may limit changes or improvements that may be made to the property). Yes No If “Yes”, please describe:

Do you know of any recent or proposed assessments, fees or abatements, which could affect the property? Yes No If “Yes”, please describe:

_

List any assessments paid in full (date/amount) List any current assessments: monthly fee Length of payment (years months )

Do you know of any recent or proposed rules or regulations of, or the payment of any fees or charges associated with this property, including but not limited to a Community Association, SID, CID, LID, etc. Yes No If “Yes”, please describe (amount)

M) BOUNDARY LINES/ENCROACHMENTS/SHARED DRIVEWAY/PARTY WALLS: Do you know of any of thefollowing conditions affecting the property? Yes No Yes No

1) Boundary Agreement 4) Shared Driveway2) Boundary Dispute 5) Party Walls3) Recent Boundary Change 6) Encroachments From or on Adjacent PropertyIf the answer to any of the above questions is “Yes”, please describe:

N) OTHER KNOWN MATERIAL DEFECTS: The following are other known material defects in or on the property:

For purposes of this section, material defects would include any non-observable physical condition existing on the property that could be dangerous to anyone occupying the property or any non-observable physical condition that could inhibit a person’s use of the property.

Owner’s Initials Owner’s Initials

Date Date

(Page 4 of 5)

Purchaser’s Initials Date Purchaser’s Initials Date

Property Address

CERTIFICATION OF OWNER

Owner certifies that the statements contained in this form are made in good faith and based on his/her actual knowledge as of the date signed by the Owner. Owner is advised that the information contained in this disclosure form does not limit the obligation of the owner to disclose an item of information that is required by any other statute or law or that may exist to preclude fraud, either by misrepresentation, concealment or nondisclosure in a transaction involving the transfer of residential real estate.

OWNER: DATE:

OWNER: DATE:

RECEIPT AND ACKNOWLEDGEMENT OF POTENTIAL PURCHASERS Potential purchasers are advised that the owner has no obligation to update this form but may do so according to Revised Code Section 5302.30(G). Pursuant to Ohio Revised Code Section 5302.30(K), if this form is not provided to you prior to the time you enter into a purchase contract for the property, you may rescind the purchase contract by delivering a signed and dated document of rescission to Owner or Owner’s agent, provided the document of rescission is delivered prior to all three of the following dates: 1) the date of closing; 2) 30 days after the Owner accepted your offer; and 3) within 3 business days following your receipt or your agent’s receipt of this form or an amendment of this form.

Owner makes no representations with respect to any offsite conditions. Purchaser should exercise whatever due diligence purchaser deems necessary with respect to offsite issues that may affect purchaser’s decision to purchase the property.

Purchaser should exercise whatever due diligence purchaser deems necessary with respect to Ohio’s Sex Offender Registration and Notification Law (commonly referred to as “Megan’s Law”). This law requires the local Sheriff to provide written notice to neighbors if a sex offender resides or intends to reside in the area. The notice provided by the Sheriff i s a public record and is open to inspection under Ohio’s Public Records Law. If concerned about this issue, purchaser assumes responsibility to obtain information from the Sheriff’s office regarding the notices they have provided pursuant to Megan’s Law.

Purchaser should exercise whatever due diligence purchaser deems necessary with respect to abandoned underground mines. If concerned about this issue, purchaser assumes responsibility to obtain information from the Ohio Department of Natural Resources. The Department maintains an online map of known abandoned underground mines on their website at www.dnr.state.oh.us.

I/WE ACKNOWLEDGE RECEIPT OF A COPY OF THIS DISCLOSURE FORM AND UNDERSTAND THAT THE STATEMENTS ARE MADE BASED ON THE OWNERS ACTUAL KNOWLEDGE AS OF THE DATE SIGNED BY THE OWNER.

My/Our Signature below does not constitute approval of any disclosed condition as represented herein by the owner.

PURCHASER: DATE:

PURCHASER: DATE:

(Page 5 of 5)

http://www.dnr.state.oh.us/

This is not a state mandated form. This form has been developed by the Ohio REALTORS® for use by REALTORS® assisting owners in the sale of

residential property. The exemptions noted above are not a complete list of the transfers exempt from the Residential Property Disclosure Form requirement.

All exempted transfers are listed in ORC § 5302.30(B)(2). The Ohio REALTORS® is not responsible for the use or misuse of this form.

Copyright © 2012 Ohio REALTORS®

Ohio REALTORS®

Residential Property Disclosure Exemption Form

To Be Completed By Owner

Property Address:

Owner’s Name(s):

Ohio law requires owners of residential real estate (1-4 family) to complete and provide

to the buyer a Residential Property Disclosure Form disclosing certain conditions and

information concerning the property known by the owner. The Residential Property

Disclosure Form requirement applies to most, but not all, transfers or sales of

residential property.

Listed below are the most common transfers that are exempt from the Residential Property Disclosure Form requirement.

The owner states that the exemption marked below is a true and accurate statement regarding the proposed transfer:

(1) A transfer pursuant to a court order, such as probate or bankruptcy court;

(2) A transfer by a lender who has acquired the property by deed in lieu of foreclosure;

(3) A transfer by an executor, a guardian, a conservator, or a trustee;

(4) A transfer of new construction that has never been lived in;

(5) A transfer to a buyer who has lived in the property for at least one year immediately prior to the sale;

(6) A transfer from an owner who both has inherited the property and has not lived in the property within one year immediately prior to the sale;

(7) A transfer where either the owner or buyer is a government entity.

ALTHOUGH A TRANSACTION MAY BE EXEMPT FOR THE REASON STATED ABOVE, THE OWNER MAY STILL HAVE A LEGAL

DUTY TO DISCLOSE ANY KNOWN LATENT DEFECTS OR MATERIAL FACTS TO THE BUYER.

OWNER’S CERTIFICATION

By signing below, I state that the proposed transfer is exempt from the Residential Property Disclosure Form

requirement. I further state that no real estate licensee has advised me regarding the completion of this form. I

understand that an attorney should be consulted with any questions regarding the Residential Property Disclosure Form

requirement or my duty to disclose defects or other material facts.

Owner: Date:

Owner: Date:

BUYER’S ACKNOWLEDGEMENT

Potential buyers are encouraged to carefully inspect the property and to have the property professionally inspected.

Buyer acknowledges that the buyer has read and received a copy of this form.

Buyer: Date:

Buyer: Date:




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C:\USERS\EMILY\DOCUMENTS\FORMS\LEADBASEPAINTEXCLUSION.ADD.2017.DOCX

LEAD-BASED PAINT AND/OR LEAD-BASED PAINT HAZARD ADDENDUM TO THE EXCLUSIVE RIGHT TO SELL LISTING AGREEMENT

Use this form ONLY if the Disclosure of Information and Acknowledgment Lead-Based Paint and/or Lead-Based Paint Hazards form is NOT REQUIRED.

The undersigned parties make this Addendum part of the Exclusive Right to Sell Agreement

dated: ______________________________________ for the property known as:______________________________________________________________________________________________________________________________County of: _________________________, State of: ____________________

SELLER acknowledges that SELLER was informed by the Listing Agent that, in 1992, Congress enacted into law the Residential Lead-Based Paint Hazard Reduction Act (Title X of the Public Law 102-550). This law directs the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Housing and Urban Development (HUD) to regulate disclosure of lead-based paint hazards in the sale or lease of pre-1978 residential properties. On March 6, 1996, the EPA and HUD issued the final Title X Regulations.

The above stated property is exempt because:

Please check one: Seller is NOT selling a pre-1978 residential dwelling. Seller is selling a zero-bedroom dwelling(s) where the sleeping area is not

separated from the living area. Seller is selling housing for the elderly or disabled where children under the age

of six (6) are not expected to reside.

The SELLER(s) acknowledge receipt of this Addendum and the accuracy of the information contained herein.

_____________________________________________________ Date:_________________________________ Seller’s Signature

_____________________________________________________ Date:_________________________________ Seller’s Signature

_____________________________________________________ Date:_________________________________ Listing Agent’s Signature

HUD

United States Prevention, Pesticides, EPA-747-F-96-002Environmental Protection and Toxic Substances March 1996 Agency (7404) (Revised 12/96)

FACT SHEET

EPA and HUD Move to Protect Children from Lead-Based PaintPoisoning; Disclosure of Lead-Based Paint Hazards in Housing

SUMMARYThe Environmental Protection Agency (EPA) and theDepartment of Housing and Urban Development(HUD) are announcing efforts to ensure that the publicreceives the information necessary to prevent leadpoisoning in homes that may contain lead-based painthazards. Beginning this fall, most home buyers andrenters will receive known information on lead-basedpaint and lead-based paint hazards during sales andrentals of housing built before 1978. Buyers andrenters will receive specific information on lead-basedpaint in the housing as well as a Federal pamphlet withpractical, low-cost tips on identifying and controllinglead-based paint hazards. Sellers, landlords, and theiragents will be responsible for providing thisinformation to the buyer or renter before sale or lease.

LEAD-BASED PAINT IN HOUSING Approximately three-quarters of the nation’s housingstock built before 1978 (approximately 64 milliondwellings) contains some lead-based paint. Whenproperly maintained and managed, this paint poseslittle risk. However, 1.7 million children have blood-lead levels above safe limits, mostly due to exposure tolead-based paint hazards.

EFFECTS OF LEAD POISONINGLead poisoning can cause permanent damage to thebrain and many other organs and causes reducedintelligence and behavioral problems. Lead can alsocause abnormal fetal development in pregnant women.

BACKGROUNDTo protect families from exposure to lead from paint,dust, and soil, Congress passed the Residential Lead-Based Paint Hazard Reduction Act of 1992, also

known as Title X. Section 1018 of this law directedHUD and EPA to require the disclosure of knowninformation on lead-based paint and lead-based painthazards before the sale or lease of most housing builtbefore 1978.

WHAT IS REQUIREDBefore ratification of a contract for housing sale orlease:

! Sellers and landlords must disclose known lead-based paint and lead-based paint hazards andprovide available reports to buyers or renters.

! Sellers and landlordsmust give buyers andrenters the pamphlet,developed by EPA,HUD, and theConsumer ProductSafety Commission(CPSC), titled ProtectYour Family fromLead in Your Home.

! Home buyers will geta 10-day period toconduct a lead-based paint inspection or riskassessment at their own expense. The rule gives thetwo parties flexibility to negotiate key terms of theevaluation.

! Sales contracts and leasing agreements must includecertain notification and disclosure language.

! Sellers, lessors, and real estate agents shareresponsibility for ensuring compliance.

FOR MORE INFORMATION! For a copy of Protect Your Family from Lead in Your Home (in English or Spanish) , the sample disclosure

forms, or the rule, call the National Lead Information Clearinghouse (NLIC) at (800) 424–LEAD, or TDD(800) 526–5456 for the hearing impaired. You may also send your request by fax to (202) 659–1192 or byInternet E-mail to [email protected]. Visit the NLIC on the Internet at http://www.nsc.org/nsc/ehc/ehc.html.

! Bulk copies of the pamphlet are available from the Government Printing Office (GPO) at (202) 512–1800.Refer to the complete title or GPO stock number 055–000–00507–9. The price is $26.00 for a pack of 50copies. Alternatively, persons may reproduce the pamphlet, for use or distribution, if the text and graphics arereproduced in full. Camera-ready copies of the pamphlet are available from the National Lead InformationClearinghouse.

! For specific questions about lead-based paint and lead-based paint hazards, call the National Lead InformationClearinghouse at (800) 424–LEAD, or TDD (800) 526–5456 for the hearing impaired.

! The EPA pamphlet and rule are available electronically and may be accessed through the Internet.Electronic Access:Gopher: gopher.epa.gov:70/11/Offices/PestPreventToxic/Toxic/lead_pmWWW: http://www.epa.gov/opptintr/lead/index.html

http://www.hud.govDial up: (919) 558–0335 FTP: ftp.epa.gov (To login, type “anonymous.” Your password is your Internet E-mail address.)

WHAT IS NOT REQUIRED! This rule does not require any testing or removal of

lead-based paint by sellers or landlords.

! This rule does not invalidate leasing and salescontracts.

TYPE OF HOUSING COVEREDMost private housing, public housing, Federally ownedhousing, and housing receiving Federal assistance areaffected by this rule.

TYPE OF HOUSING NOT COVERED! Housing built after 1977 (Congress chose not to

cover post-1977 housing because the CPSC bannedthe use of lead-based paint for residential use in1978).

! Zero-bedroom units, such as efficiencies, lofts, anddormitories.

! Leases for less than 100 days, such as vacationhouses or short-term rentals.

! Housing for the elderly (unless children live there).

! Housing for the handicapped (unless children livethere).

! Rental housing that has been inspected by a certifiedinspector and found to be free of lead-based paint.

! Foreclosure sales.

EFFECTIVE DATES! For owners of more than 4 dwelling units, the

effective date is September 6, 1996.

! For owners of 4 or fewer dwelling units, theeffective date is December 6, 1996.

THOSE AFFECTEDThe rule will help inform about 9 million renters and 3 million home buyers each year. The estimatedcost associated with learning about the requirements,obtaining the pamphlet and other materials, andconducting disclosure activities is about $6 pertransaction.

EFFECT ON STATES AND LOCALGOVERNMENTSThis rule should not impose additional burdens onstates since it is a Federally administered and enforcedrequirement. Some state laws and regulations requirethe disclosure of lead hazards in housing. The Federalregulations will act as a complement to existing staterequirements.

Disclosure of Information on Lead-Based Paint and/or Lead-Based Paint Hazards

Lead Warning Statement Property Address _________________________________________ Every purchaser of any interest in residential real property on which a residential dwelling was built prior to 1978 is notified that such property may present exposure to lead from lead-based paint that may place young children at risk of developing lead poisoning. Lead poisoning in young children may produce permanent neurological damage, including learning disabilities, reduced intelligence quotient, behavioral problems, and impaired memory. Lead poisoning also poses a particular risk to pregnant women. The seller of any interest in residential real property is required to provide the buyer with any information on lead-based paint hazards from risk assessments or inspections in the seller’s possession and notify the buyer of any known lead-based paint hazards. A risk assessment or inspection for possible lead-based paint hazards is recommended prior to purchase. Seller’s Disclosure (a) Presence of lead-based paint and/or lead-based paint hazards (check (i) or (ii) below):

(i) ______ Known lead-based paint and/or lead-based paint hazards are present in the housing (explain). _____________________________________________________________________________________ (ii) _____ Seller has no knowledge of lead-based paint and/or lead-based paint hazards in the housing.

(b) Records and reports available to the seller (check (i) or (ii) below):

(i) ______ Seller has provided the purchaser with all available records and reports pertaining to lead- based paint and/or lead-based paint hazards in the housing (list documents below). _______________________________________________________________________________________ (ii) _____ Seller has no reports or records pertaining to lead-based paint and/or lead-based paint hazards in the housing.

Purchaser’s Acknowledgment (initial) (c) ________ Purchaser has received copies of all information listed above. (d) ________ Purchaser has received the pamphlet Protect Your Family from Lead in Your Home. (e) Purchaser has (check (i) or (ii) below):

(i) ______ received a 10-day opportunity (or mutually agreed upon period) to conduct a risk assessment or inspection for the presence of lead-based paint and/or lead-based paint hazards; or

(ii)______ waived the opportunity to conduct a risk assessment or inspection for the presence of lead-based paint and/or lead-based paint hazards.

Agent’s Acknowledgment (initial) (f) ________ Agent has informed the seller of the seller’s obligations under 42 U.S.C. 4852(d) and is

aware of his/her responsibility to ensure compliance.

Certification of Accuracy The following parties have reviewed the information above and certify, to the best of their knowledge, that the information they have provided is true and accurate.

__________________________________________________ __________________________________________________ Seller Date Seller Date __________________________________________________ __________________________________________________ Purchaser Date Purchaser Date __________________________________________________ __________________________________________________ Agent Date Agent Date




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________________________________________________________________________________________________________________________________

FLOOD ZONE DETERMINATION DISCLOSURE

Property Address: ________________________________________

____________________________________________________

The Federal Emergency Management Agency (FEMA) is in the process of significantly revising flood maps. Many properties which were previously not in zones requiring the purchase of flood insurance will now be classified within such zones, meaning that flood insurance will be required. The Lucas County Engineer (419-213-4540) has set up a website (http://apps.co.lucas.oh.us/floodplain) where individuals can go and view parcel-by-parcel information. As a Buyer or Seller of property, we strongly recommend that you consult with The Lucas County Engineer’s website to determine if your property is located within a flood zone, or will be within such an area, once the new maps are finalized. Neither Loss Realty Group, nor any of its Agents, assume responsibility for investigating the status of a property with respect to flood issues. Should you have any questions with respect to flood issues, we recommend that you contact an Attorney.

Seller(s):

________________________________ Date:___________________

________________________________ Date:___________________

Purchaser(s):

________________________________ Date:____________________

________________________________ Date:____________________

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January 2019 © Northwest Ohio REALTORS® Revised 01-2020 Seller Consent for Unsupervised Access, Page 1 of 1

SELLER CONSENT FOR UNSUPERVISED ACCESS

Seller understands that in addition to real estate agents and brokers, licensed/certified appraisers may have lockbox privileges via the MLS. Seller agrees that such authorized individuals may independently access their property via the lockbox.

Seller authorizes the listing agent and brokerage to grant access to the seller’s property to the following professionals without a real estate licensee present for purposes related to the marketing or sale of their property and/or a contract to purchase:

Licensed/certified appraiser

Home inspector

Contractor

Photographer

Videographer

Other

Seller will be notified in advance when such authorized individuals will be entering their property.

Seller understands and agrees that the buyer may attend the appointment with the authorized individuals.

Further, seller agrees to hold the listing agent/brokerage and any buyer’s agent/brokerage harmless for any damages, including but not limited to, real or personal property damages, loss, theft or injury to others that may occur while such individuals are at their property.

____________________________________________ __________________________________________ Seller Signature Date Seller Signature Date




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________________________________________________________________________________________________________________________________

VACANT HOME ADDENDUM TO LISTING CONTRACT Loss Realty Group

This Addendum is made part of the Listing Contract dated: , 20 , by

and between: ____ , hereinafter referred to as “Seller” and

Loss Realty Group and its “Agent”:

for the property located at:

It is hereby agreed and understood that Seller is using the services of Agent and Loss Realty Group to market the above-referenced property. Should this property be vacant or become vacant during the marketing period, Seller agrees to carry sufficient insurance to cover losses or any kind of damage that may occur to vacant properties. In addition to carrying proper insurance, Seller agrees to hold harmless Loss Realty Group and its Agent from any losses and/or damage of any kind to the property.

Loss Realty Group and its Agent also strongly recommend that, should the property be vacant or become vacant during the winter months (typically November through March), Seller should have the home winterized by a licensed plumber. Should the vacant property lose its heat source when outdoor temperatures are at or below freezing, this process of draining and blowing out the water lines and putting antifreeze in the sink traps and toilets may help prevent frozen/broken water lines and pipes that, when thawing occurs, could result in serious water damage to the home.

_________________________________________ ________________________ Seller Date

__________________________________________ ________________________ Seller Date

__________________________________________ ________________________ Listing Agent - Loss Realty Group Date




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________________________________________________________________________________________________________________________________

LOSS REALTY GROUP ANTI-FRAUD DISCLOSURE TO CONSUMERS

Electronic communications such as email, text messages, and social media messaging, are neither secure nor confidential. While Loss Realty Group has adopted policies and procedures to aid in avoiding fraud, even the best security protections can still be bypassed by unauthorized parties. Loss Realty Group will never send you any electronic communication with instructions to transfer funds or to provide nonpublic personal information - such as credit card or debit numbers or bank account and/or routing numbers.

YOU SHOULD NEVER TRANSMIT NONPUBLIC PERSONAL INFORMATION, SUCH AS CREDIT CARD OR DEBIT NUMBERS OR BANK ACCOUNT OR ROUTING NUMBERS, BY EMAIL OR OTHER UNSECURED ELECTRONIC COMMUNICATION. EMAILS ATTEMPTING TO INDUCE FRAUDULENT WIRE TRANSFERS ARE COMMON AND MAY APPEAR TO COME FROM A TRUSTED SOURCE.

If you receive any electronic communication directing you to transfer funds or provide nonpublic personal information, EVEN IF THAT ELECTRONIC COMMUNICATION APPEARS TO BE FROM LOSS REALTY GROUP, do not respond to it and immediately contact Loss Realty Group. Such requests, even if they may otherwise appear to be from Loss Realty Group, are likely part of a scheme to defraud you by stealing funds from you or use your identity to commit a crime.

To notify Loss Realty Group of suspected fraud related to your real estate transaction, contact: Debbie Ross, Vice President of Administration, Loss Realty Group (419) 725-1814 / (419) 537-0090 / [email protected]

ACKNOWLEDGEMENT: I/we have read this Anti-Fraud Disclosure Statement and understand that Loss Realty Group will never send me/us any electronic communication with instructions to transfer funds or provide financial account numbers or other nonpublic personal information.

________________________________________ _______________________________________ Signature Date Signature Date

________________________________________ _______________________________________ Printed Name Printed Name

Property Address: _____________________________________________________________________

Loss Realty Group Agent: _______________________________________________________________

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of 2 Effective 02/10/19

AGENCY DISCLOSURE STATEMENT

The real estate agent who is providing you with this form is required to do so by Ohio law. You will not be bound to pay the

agent or the agent’s brokerage by merely signing this form. Instead, the purpose of this form is to confirm that you have been

advised of the role of the agent(s) in the transaction proposed below. (For purposes of this form, the term “seller” includes a landlord

and the term “buyer” includes a tenant.)

Property Address: ____________________________________________________________________________________________

Buyer(s): __________________________________________________________________________________________________

Seller(s): __________________________________________________________________________________________________

I. TRANSACTION INVOLVING TWO AGENTS IN TWO DIFFERENT BROKERAGES

The buyer will be represented by ______________________________________________, and ______________________________.

The seller will be represented by ______________________________________________, and ______________________________.

II. TRANSACTION INVOLVING TWO AGENTS IN THE SAME BROKERAGE

If two agents in the real estate brokerage ___________________________________________________________________________

represent both the buyer and the seller, check the following relationship that will apply:

Agent(s)_____________________________________________________________ work(s) for the buyer and

Agent(s)_____________________________________________________________ work(s) for the seller. Unless personally

involved in the transaction, the principal broker and managers will be “dual agents,” which is further explained on the back of this

form. As dual agents they will maintain a neutral position in the transaction and they will protect all parties’ confidential

information.

Every agent in the brokerage represents every “client” of the brokerage. Therefore, agents ______________________________

and _____________________________ will be working for both the buyer and seller as “dual agents.” Dual agency is explained

on the back of this form. As dual agents they will maintain a neutral position in the transaction and they will protect all parties’

confidential information. Unless indicated below, neither the agent(s) nor the brokerage acting as a dual agent in this transaction

has a personal, family or business relationship with either the buyer or seller. If such a relationship does exist, explain:

_______________________________________________________________________________________________________.

III. TRANSACTION INVOLVING ONLY ONE REAL ESTATE AGENT

Agent(s) ______________________________________ and real estate brokerage _____________________________________ will

be “dual agents” representing both parties in this transaction in a neutral capacity. Dual agency is further explained on the back of

this form. As dual agents they will maintain a neutral position in the transaction and they will protect all parties’ confidential

information. Unless indicated below, neither the agent(s) nor the brokerage acting as a dual agent in this transaction has a

personal, family or business relationship with either the buyer or seller. If such a relationship does exist, explain: ____________

_______________________________________________________________________________________________________.

represent only the (check one) seller or buyer in this transaction as a client. The other party is not represented and agrees to

represent his/her own best interest. Any information provided the agent may be disclosed to the agent’s client.

CONSENT

I (we) consent to the above relationships as we enter into this real estate transaction. If there is a dual agency in this transaction, I

(we) acknowledge reading the information regarding dual agency explained on the back of this form.

_____________________________________________ _____________________________________________

_____________________________________________ _____________________________________________

AGENT(S) BROKERAGE

AGENT(S) BROKERAGE

BUYER/TENANT DATE

BUYER/TENANT DATE

SELLER/LANDLORD DATE

SELLER/LANDLORD DATE

of 2 Effective 02/10/19

DUAL AGENCY

Ohio law permits a real estate agent and brokerage to represent both the seller and buyer in a real estate transaction as long as this is

disclosed to both parties and they both agree. This is known as dual agency. As a dual agent, a real estate agent and brokerage

represent two clients whose interests are, or at times could be, different or adverse. For this reason, the dual agent(s) may not be able

to advocate on behalf of the client to the same extent the agent may have if the agent represented only one client.

As a dual agent, the agent(s) and brokerage shall:

• Treat both clients honestly;

• Disclose latent (not readily observable) material defects to the purchaser, if known by the agent(s) or brokerage;

• Provide information regarding lenders, inspectors and other professionals, if requested;

• Provide market information available from a property listing service or public records, if requested;

• Prepare and present all offers and counteroffers at the direction of the parties;

• Assist both parties in completing the steps necessary to fulfill the terms of any contract, if requested.

As a dual agent, the agent(s) and brokerage shall not:

• Disclose information that is confidential, or that would have an adverse effect on one party’s position in the transaction, unless such disclosure is authorized by the client or required by law;

• Advocate or negotiate on behalf of either the buyer or seller;

• Suggest or recommend specific terms, including price, or disclose the terms or price a buyer is willing to offer or that a seller is willing to accept;

• Engage in conduct that is contrary to the instructions of either party and may not act in a biased manner on behalf of one party.

Compensation: Unless agreed otherwise, the brokerage will be compensated per the agency agreement.

Management Level Licensees: Generally, the principal broker and managers in a brokerage also represent the interests of any buyer

or seller represented by an agent affiliated with that brokerage. Therefore, if both buyer and seller are represented by agents in the

same brokerage, the principal broker and manager are dual agents. There are two exceptions to this. The first is where the principal broker or manager is personally representing one of the parties. The second is where the principal broker or manager is selling or

buying his own real estate. These exceptions only apply if there is another principal broker or manager to supervise the other agent

involved in the transaction.

Responsibilities of the Parties: The duties of the agent and brokerage in a real estate transaction do not relieve the buyer and seller

from the responsibility to protect their own interests. The buyer and seller are advised to carefully read all agreements to assure that

they adequately express their understanding of the transaction. The agent and brokerage are qualified to advise on real estate matters.

IF LEGAL OR TAX ADVICE IS DESIRED, YOU SHOULD CONSULT THE APPROPRIATE PROFESSIONAL.

Consent: By signing on the reverse side, you acknowledge that you have read and understand this form and are giving your

voluntary, informed consent to the agency relationship disclosed. If you do not agree to the agent(s) and/or brokerage acting as a dual

agent, you are not required to consent to this agreement and you may either request a separate agent in the brokerage to be appointed

to represent your interests or you may terminate your agency relationship and obtain representation from another brokerage.

Any questions regarding the role or responsibilities of the brokerage or its agents should be directed to: attorney or to:

Ohio Department of Commerce

Division of Real Estate & Professional Licensing

77 S. High Street, 20th Floor

Columbus, OH 43215-6133

(614) 466-4100




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________________________________________________________________________________________________________________________________

SELLER’S ESTIMATED CLOSING EXPENSES AND NET BALANCE SHEET

PROPERTY ADDRESS: _________________________________________________________________

SALE PRICE OF PROPERTY: $____________________

LESS EXPENSES: 1) Owner’s Title Insurance: $____________________ 2) Attorney’s Fee/Deed Preparation: $____________________ 3) County Transfer Fee (Conveyance Fee): $____________________ 4) Escrow Fee: $____________________ 5) Discount Points: $____________________ 6) Termite Inspection: $____________________ 7) Real Estate Brokerage Fee: $____________________ 8) Mortgage Cancellation Fee: $____________________ 9) Assessment Pay Off: $____________________ 10) Estimated Tax Proration: $____________________ 11) Estimated Mortgage Payoff $____________________ 12) Buyer’s Closing Costs (If Applicable): $____________________ 13) Document Preparation: $____________________ 14) Home Warranty (If Applicable): $____________________ 15) Miscellaneous Invoices at Closing: $____________________ 16) Estimated HOA Fee Proration: $____________________

TOTAL OF ESTIMATED EXPENSES: $____________________

ESTIMATED BALANCE / NET PROCEEDS TO SELLER: $____________________

EXPLANATION OF THE FOREGOING ITEMIZED EXPENSES: 1) Base cost of $250.00 plus $6.60 per $1,000.00 of the sale price.2) Average deed preparation charge by attorneys is $45.00 to $60.00.3) $4.00 per $1,000.00-Lucas County and $3.00 per $1,000.00-Wood County (or any part thereof) of the sale price.4) Average escrow charge or closing fee is $250.00 (could vary by title company).5) Varies (One Point is 1% of the mortgage amount).6) Average charge for termite inspection is $80.00 to $90.00.7) Average of 7% of total sale price with a minimum fee of $2,800.00.8) Fee determined by the County Courthouse – Average of $32.00.9) Would be agreed upon between Seller and Purchaser on the Purchase Agreement. 10) Depends on County where property is located. (Due & Payable Method – Lucas County Due Dates: June 20th and December

20th – prorate from these dates forward to closing plus any pre-paids. Lien Date Method – Wood County: Prorate from last duedate (either January 1st or July 1st) to closing date and add-in any unpaid. Seller is responsible for any delinquencies and/orpenalties.

11) May fluctuate based on closing date and any pay-off penalties by Lender.12) Seller paying all or a portion of Purchaser’s closing costs.13) Preparation of additional paperwork by Lender (VA $350.00 / FHA $200.00).14) Average cost for 1-Year Home Warranty: $375.00 to $500.00 15) Any additional bills to be paid at the Closing (Wiring Fees; Overnight Fees; Etc.) 16) Fee(s) paid to Homeowners Association for common area maintenance.

*While above figures are believed to be close estimates, they are not to be guaranteed figures. All expenses should be verified and confirmed prior to closing.

Coded: FORMS / Seller Net Form /dar / Updated: May, 2017

PROPERTY INFORMATION

Property address to be covered

City State Zip

Mailing address if different from above

City State Zip

This mailing address is for: Buyer SellerSELLER INFORMATION

Name(s)

Phone number Email address

Listing start date Listing end date

BUYER INFORMATION

Name(s)

Closing date Phone number Email address

All plans are issued by HomeSure Services, Inc., except in the following states where they are issued by the identified entity: in AL, AZ, FL, IL, IA, MA, NV, NH, NM, NY, NC, OK, SC, TX, UT, VT, WA, WI and WY by HomeSure of America, Inc.; in CA by HomeSure Protection of California, Inc.; in VA and OR by HomeSure of Virginia, Inc. Plans are administered by Cross Country Home Services, Inc., OR CCB #202158, IN C.P.D. Reg. No. – T.S. R2707, and services are provided by independent contractors. Cinch is a registered mark of Cross Country Home Services, Inc., Boca Raton, FL 33431. Please see contract for actual terms and conditions; benefits may vary by state. Not available in all states; subject to sales tax where applicable.

PAYMENTPlease make checks payable to : Cinch Home Services

Mail to: P.O. Box 559003 Fort Lauderdale, FL 33355-9003

Disclosure: In addition to representing the home seller and/or buyer, the named real estate agent/company also will be completing certain warranty-related processing, administrative and other services. Your charge for this warranty may include an amount paid to the real estate agent/company for performing these services.

This coverage includes only those systems, appliances and components that were in proper operating condition at the contract effective date. The following systems, appliances and components should be excluded from coverage:________________________ _________________________________________

Acceptance of coverage: Applicant acknowledges that he/she understands the terms and conditions of coverage and authorizes closing agent to pay the required fees upon closing.

Waiver of coverage: I hereby decline the protection plan that has been presented to me. I agree to hold real estate broker and agent harmless in the event of a subsequent mechanical failure that otherwise would have been covered under the protection plan.

Signature Date

AGENT INFORMATION

Real estate office/member broker no. Main office phone number

Real estate office address City, state, zip

Real estate agent name

Real estate agent email address Real estate agent cell phone

DO NOT CALL A CONTRACTOR YOURSELF. To file a claim call: (800) 432-1033 or visit my.cinchhomeservices.com.Coverage is subject to a trade service call fee up to your deductible per service call, per trade agent. Additional charges may apply to certain repairs or replacements.

Online: cinchhomeservices.com/realestate Email: [email protected] Ph: (800) 247-3680

1. PLANS AND PRICING

3. ADDITIONAL SYSTEMS AND COMPONENTS

Each Additional Central Heating $100

Each Additional Central A/C $50

Each Additional Refrigerator $25

Seller plan: Coverage to begin at enrollment, converts to buyer at closing

5. TOTAL DUE AT CLOSING

4. OPTIONAL BUYER ONLY COVERAGE (EACH ITEM, PER UNIT)

Clothes Washer & Dryer $50

Outside Gas Line $60

Outside Sewer Line $60

Outside Water Line $60

Outside Gas/Sewer/Water Line (combo) $120

Pool $205

Spa $205

Combo Pool/Spa (shared equipment) $205

Septic Tank/Pumping $45

Water Softener $50

Well Pump System $150

Total all fees: (Sections 1-4) $

For multi-year discount pricing, multiply the total by the number of years:$ X = $

(Total of all fees) (Number of years) (Total price)

Warranty funded by: Seller Buyer Other

7

Seller/Air & Heat Coverage (optional)

$200 $100Single Family:

Condo/Townhome:

Buyer plan: Coverage to begin at closing Single Family:

Condo/Townhome: Multi Family (Duplex):

New Home Construction (years 2-4):

Premier Upgrade Package:

Base plan

SELECT DEDUCTIBLE

$389$359

$75

$489$459

$75

$389

$539

$489

$639

$99 $99

$200 $100

$359 $459

$489 $589

The Premier Upgrade Package provides Buyers with extra coverage for items excluded under any home warranty. Some examples include, but not limited to: fees required for permits mandated by federal or local government, upgrades as required when replacing heating or air systems and non covered items associated with a covered claim. See Terms, Conditions and Limitations in the Agreement.

2. PREMIER UPGRADE PACKAGE (BUYER ONLY - OPTIONAL)

Home warranty application Contract # or Order Confirmation Number (Provided by Cinch)

Sales tax will be added where required by law. Final tax will be calcuated on the confirmation invoice.

Repaired.Replaced.Relieved.

When things break down, we step up.

THE LEADING WARRANTY FOR HOME APPLIANCES AND SYSTEMSCoverage for: Illinois, Indiana, Iowa, Kansas, Kentucky, Michigan, Missouri, Minnesota,

Montana, North Dakota, Nebraska, Ohio, South Dakota, Tennessee, Utah, Western Pennsylvania, Wisconsin and Wyoming

is now

A home warranty provides repair or replacement coverage for mechanical failures of major systems and appliances. Whether the dishwasher

suddenly stops washing or the A/C 1 stops cooling, you’ll appreciate the savings,

convenience and peace of mind that come with home warranty protection. Plus,

you can enjoy the benefits of a Cinch home protection plan for as long as you own

your home.2

Retail repair or replacement costs (without a Cinch home warranty)

What it really costs

$4,000

$4,500

$1,325

$1,400

$375

$1,300

$1,000

$500

$675

Central A/C

Heating System

Electrical

Refrigerator

Plumbing

Water Heater

Range/Oven

Dishwasher

Washer or Dryer

$535

$475

$443

$375

$125

$287

$250

$250

$257

AVERAGE REPLACEMENT ITEM

AVERAGE REPAIR

Source: Based on estimated ranges of retail costs for repairs and replacement of the listed items. Includes data from national independent service contractors. Pricing may vary in your geographical area.

Plan to be protectedYou’ve thought about blinds versus drapes; you’ve planned where the sofa will

go; but have you thought about your appliances and systems failing? Responsible

homeowners often choose to have a home warranty because homeowners

insurance does not cover failures of appliances and systems.

Typically, you’ll pay one low deductible

for covered components that need repair or replacement,

saving you thousands of dollars.2

Contact Cinch 24/7, and we’ll match

you with a pre-screened, licensed professional, so you won’t

need to waste time searching the internet and hope for

the best.

A Cinch home warranty

provides assurance that you won’t have to worry when a

covered appliance or system breaks down and that you

will be provided with a repair professional you can trust.

Plan for savings

Plan for convenience

Plan for peace of mind

2

Experience the Cinch difference.Comprehensive coverage. Exceptional value.

Central A/C

Heating System

Electrical

Refrigerator

Plumbing

Water Heater

Range/Oven

Dishwasher

Washer or Dryer

$535

$475

$443

$375

$125

$287

$250

$250

$257

1Optional coverage for seller plan requires additional fee. ²Terms may vary by location/state, type of package (seller versus buyer) and are governed by state law. 3Not all coverages are available on all plans. ⁴By locking in first year introductory rate, you will be renewing into a plan which may be different than your prevailing coverage. ⁶Only one reimbursement per member per 12-month period. This reimbursement also covers hotel/motel emergency lodging when a sudden break in a water pipe results in flooding and the removal of the water from the residence by a water removal company is delayed by 24 hours or more. All the reimbursement details are included in your welcome materials which will be mailed after the warranty has been paid. 7Simply report your paid claim within 45 days. All the reimbursement details are included in your Welcome Book, which will be mailed after the warranty has been paid. Only one reimbursement claim per member, per 12-month period.

Seller benefits• Protect your budget from unexpected repair or replacement expenses while your home is on the market. • Market your home with a Cinch home warranty - the perfect buyer incentive.

• Avoid closing delays due to a system or appliance failure. • No up-front costs as the warranty is payable when the property closes.2 After closing, the buyer gets one full year of coverage.

Homeowners Insurance Deductible Reimbursement7This is the only home warranty that reimburses you, up to $500 per year, when you have to pay a deductible on a homeowners insurance claim.

3

Buyer benefits• Multi-year discount pricing is available: Lock in the

first-year introductory rate for additional coverage years.4

• You don’t have to worry about an unexpected repair expense should a covered system or major appliance break down due to normal wear and tear.

• Pay a standard deductible per service call, per trade on covered components.2

• Save with Appliance Buyline®. Take advantage of our buying power and get discounts off brand-name appliances for remodeling projects or appliance upgrades.

Emergency Lodging Reimbursement6Buyers will be reimbursed up to $1,200, for hotel/motel stay if their only cooling or heating system is non-operational for 24 hours or more from the time of the first service visit.

Failures Due to Lack of

Maintenance2

Unknown Pre-Existing Conditions2

Failures Due to Rust and

Corrosion2

No Square-Foot Limitations

No Age Restrictions on

Systems or Appliances

Outside Water/Gas/Sewer

Line Optional Coverage

Covers Dept of Energy Mandates

for A/Cs and Water Heaters2

Sump Pump

Water Heater Garage Door Opener

Clothes Washer/Dryer³

Garbage Disposal

Ceiling Fan

Central Vacuum System

Jetted Bathtub

Air Conditioning System³

Heating System³

Electrical System

Plumbing

Oven/Range/Cooktop

Refrigerator with Built-in Icemaker

Built-in Microwave

Built-in Trash CompactorDishwasher

180-day workmanship guaranteeWe back up our commitment with our industry leading workmanship guarantee.

Sample home warranty plan2

SAMPLEHOME WARRANTY AGREEMENTThis Home Warranty Agreement, hereinafter referred to as the “Agreement”, is marketed through HMS National, Inc. The Agreement is issued by the entity listed for your state in Section VI. of this Agreement. Such entity is hereinafter referred to as the “Issuing Company”, or “we”, “us”, and/or “our”. The owner of the home covered by this Agreement is hereinafter referred to as “you” and/or “your”. This is a Home Warranty Agreement, not an insurance policy.This Agreement is intended to provide protection against the cost of repairing certain items in your home due to mechanical failure. Please read the Agreement carefully. Coverage includes only certain mechanical failures of the specific items listed as covered on your Agreement Coverage Summary and excludes all other failures and/or items. The Agreement Coverage Summary is attached to and made a part of this Agreement. Coverage is subject to the limitations and conditions specified in this AgreementThis Agreement has provisions for the use of final and binding arbitration to resolve disputes and otherwise limits the remedies available to you. Please see DISPUTE RESOLUTION section for more information about arbitration. I. BASIS FOR COVERAGE

We agree to pay the covered costs to repair or replace the items listed as covered in your Agreement Coverage Summary if any such items become inoperable during the term of this Agreement due to mechanical failure caused by routine wear and tear, subject to the terms and conditions of this Agreement. Determination of coverage for any claim will be made solely by us, considering, but not limited to, our independent contractor’s diagnosis.

This Agreement covers only mechan

Documents

NEW LISTING - AGENT CHECKLIST - TIPS & SUGGESTIONS - … · 2020. 3. 13. · NEW LISTING - AGENT CHECKLIST - TIPS & SUGGESTIONS - Updated: August 2019 . 1) Visit property, take notes,