Seller’s Property Disclosure - Condominiumimages.kw.com/listings/9/6/5/9654724/1528485133133... · Seller’s actual knowledge of the Property’s condition. Sellers can disclose

Buyer ( ) ( ) and Seller ( ) ( ) acknowledge receipt of a copy of this page, which is Page 1 of 4 Pages.

SPDC-1 03/17 © 2017 Florida Realtors® All Rights Reserved

Seller’s Property Disclosure - Condominium Notice to Licensee and Seller: Only the Seller should fill out this form.

Notice to Seller: Florida law1 requires a seller of a home to disclose to the buyer all known facts that materially affect the value of the property being sold and that are not readily observable or known by the buyer. This disclosure form is designed to help you comply with the law. However, this disclosure form may not address every significant issue that is unique to the Property. You should think about what you would want to know if you were buying the Property today; and if you need more space for additional information, comments, or explanations, check the Paragraph 9 checkbox and attach an addendum.

Notice to Buyer: The following representations are made by Seller and not by any real estate licensee. This disclosure is not a guaranty or warranty of any kind. It is not a substitute for any inspections, warranties, or professional advice you may wish to obtain. It is not a substitute for your own personal judgment and common sense. The following information is based only upon Seller’s actual knowledge of the Property’s condition. Sellers can disclose only what they actually know. Seller may not know about all material or significant items. You should have an independent, professional home inspection to verify the condition of the Property and determine the cost of repairs, if any. This disclosure is not a contract and is not intended to be a part of any contract for sale and purchase. Florida law2 entitles a prospective buyer, who has entered into a contract for the purchase of a condominium unit with a seller who is not a developer, at Seller’s expense, to a current copy of the declaration of condominium, articles of incorporation of the association, bylaws and rules of the association, the most recent year-end financial information and the “Frequently Asked Questions and Answers” document, if buyer requests these in writing. These documents, and meeting agendas and minutes, contain important matters to be considered before acquiring a condominium unit, such as recurring dues or fees; special assessments; capital contributions, penalties; and alteration, leasing, parking, pet, resale, vehicle and other types of restrictions. Except for information provided in paragraph 6, 7 and 8, the following information is only about the individual Unit specified below and not about any limited common element, any common element or the condominium association (“Association”). Seller makes the following disclosure regarding the property described as: _____________________________________________

______________________________________________________________________________________________ (the “Unit”). The Unit is � owner occupied � tenant occupied � unoccupied (if unoccupied, how long has it been since Seller occupied the

unit? ___________________________________________________________________________________________________

Yes No Don’t Know 1. Structures; Systems; Appliances

(a) Is the roof a common element maintained by the Association? � � � (b) To your knowledge, is roof of Unit structurally sound and free of leaks? � � � (c) Are other structures, including ceilings; walls; doors and windows

structurally sound and free of leaks? � � � (d) Has any additional structural reinforcement been added to the Unit? � � � (e) Are heating and cooling systems common elements maintained by the

Association? � � � (f) To your knowledge, are heating and cooling systems in working condition,

i.e., operating in a manner in which the item was designed to operate? � � � (g) Are existing major appliances and mechanical and electrical systems in

working condition, i.e. operating in a manner in which the item was designed to operate? � � �

(h) Are any of the appliances leased? � � �

If yes, which ones: _____________________________________________

(i) If the answer to questions 1(b), 1(c), 1(f), 1(g) is no, or if 1(d) is yes, please explain: ______________________________________________________

1 Johnson v. Davis, 480 So.2d 625 (Fla. 1985). 2 Section 718.503(2), Florida Statutes.

14061 Giustino Way, 101, Bonita Springs, FL 34135

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Yes No Don’t Know 2. Termites; Other Wood Destroying Organisms; Pests

(a) Are termites; other wood-destroying organisms, including fungi; or � � � (b) pests present in the Unit or has the Unit had any structural damage

by them? � � � (c) Has the Unit been treated for termites; other wood-destroying

organisms, including fungi; or pests? � � � (d) If any answer to questions 2(a)-2(b) is yes, please explain: ______________

_____________________________________________________________

3. Water Intrusion; Plumbing; Flood Insurance (a) Has past or present water intrusion or flooding affected the Unit? � � � (b) Are polybutylene pipes present in the Unit? � � � (c) Have past or present plumbing leaks or backups affected the Unit? � � � (d) Have there been any leaks or water intrusion from units above or

adjacent to your Unit or leaks or water intrusion from your Unit to units below or adjacent to it? � � �

(e) Does your lender require flood insurance? � � � (f) If any answer to questions 3(a)-3(d) is yes, please explain: ______________

_____________________________________________________________

4. Fire Protection; Improvements; Alterations (a) Does the Unit have sprinklers for fire protection? � � �

If no, has the Association voted to forego retrofitting each unit with a fire sprinkler system? � � �

(b) Have any improvements or alterations to the Unit, whether by you or by others, been made without obtaining required Association approval? � � �

(c) Have any improvements or alterations to the Unit, whether by you or by others, been made in violation of building codes or zoning restrictions or without necessary permits? � � �

(d) Are any improvements located below the base flood elevation? � � � (e) Have any improvements been constructed in violation of applicable

local flood guidelines? � � � (f) Are there any open permits on the Unit that have not been closed by a

final inspection? � � � (g) If any answer to questions 4(b)-4(f) is yes, please explain: _______________

_____________________________________________________________

5. Hazardous Substances (a) Was the Property built before 1978? � � �

If yes, please see Lead-Based Paint Disclosure. (b) Does anything exist in the Unit that may be considered a hazardous

substance, including, but not limited to, lead-based paint; asbestos; mold; radon gas; urea formaldehyde; methamphetamine contamination; or defective drywall? � � �

(c) Has there been any damage, clean up or repair to the Unit due to any of the substances or materials listed in subparagraph (b) above? � � � If any answer to questions 5(b)-5(c) is yes, please explain: ______________

_____________________________________________________________

6. Limited Common Elements (a) Are there any amenities outside the Unit, such as designated parking

space(s), storage closet(s), boat slip(s), cabana(s), garage(s), carport(s), etc. that are for your exclusive use? � � � If yes, please identify the amenity and whether a separate deed or other legal document grants the exclusive right to use: ______________________

_____________________________________________________________

Radon mitigation installed in guest b/r closet in 2015

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Yes No Don’t Know 7. The Association

(a) Is there any proposed change to the Association’s governing documents? � � � (b) Is there any proposed plan to materially alter the common elements? � � � (c) Is there any existing or threatened legal action by or against the

Association? � � � (d) Has the Association ever been, or is it currently, involved in litigation or

a claim over construction defects or defective building products? � � � (e) To your knowledge, is there any discussion of a conversion of the

Condominium to something else? � � � (f) To your knowledge, is there any effort by an investor or investor group

to purchase units in the complex? � � � (g) Has an increase in fees or assessments been approved but not yet

Implemented? � � � (h) Is any portion of the Association’s property located in a special flood

hazard area? � � � (i) Is any portion of the Association’s property located seaward of the

coastal construction control line? � � � (j) Does any past or present settling, soil movement, or sinkhole(s) affect

any portion of the Association’s property? � � � (k) Has there been any structural damage to any portion of the Association’s

Property? � � � (l) Has any additional structural reinforcement been added to any portion of

the Associations’ property? � � � (m) Are there any rental restrictions by the Association? � � � (n) Are there any pet restrictions by the Association? � � � (o) If any answer to questions 7(a)-7(n) is yes, please explain: ______________

_____________________________________________________________

8. Foreign Investment in Real Property Tax Act (“FIRPTA”) (a) Is the Seller subject to FIRPTA withholding per Section 1445 of the

Internal Revenue Code? � � � If yes, Buyer and Seller should seek legal and tax advice regarding compliance.

9. � (If checked) Other Matters; Additional Comments: The attached addendum contains additional

information, explanations or comments. Seller represents that the information provided on this form and any attachments is accurate and complete to the best of Seller’s knowledge on the date signed by Seller. Seller authorizes listing broker to provide this disclosure statement to real estate licensees and prospective buyers of the Property. Seller understands and agrees that Seller will promptly notify Buyer in writing if any information set forth in this disclosure statement becomes inaccurate or incorrect.

Seller: ________________________________ / ___________________________________ Date: ______________ (signature) (print) Seller: ________________________________ / ___________________________________ Date: ______________ (signature) (print)

Buyer acknowledges that Buyer has read, understands, and has received a copy of this disclosure statement.

Buyer: ________________________________ / ___________________________________ Date: ______________ (signature) (print) Buyer: ________________________________ / ___________________________________ Date: ______________ (signature) (print)

See Association restrictions

dotloop verified05/30/18 11:13AM EDTZXM8-N8KW-UQ2B-ASAY

Stephen Casner Stephen Casner

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Rosalie Casner Rosalie Casner

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Seller’s Update Instructions to Seller: If the information set forth in this disclosure statement becomes inaccurate or incorrect, you must promptly notify Buyer. Please review the questions and your answers. Use the space below to make corrections and provide additional information, if necessary. Then acknowledge that the information is accurate as of the date signed below. _________________________________________________________________________________________________ _________________________________________________________________________________________________ _________________________________________________________________________________________________ _________________________________________________________________________________________________ _________________________________________________________________________________________________ _________________________________________________________________________________________________ _________________________________________________________________________________________________ _________________________________________________________________________________________________ _________________________________________________________________________________________________ _________________________________________________________________________________________________ _________________________________________________________________________________________________ _________________________________________________________________________________________________ _________________________________________________________________________________________________ _________________________________________________________________________________________________ _________________________________________________________________________________________________ _________________________________________________________________________________________________ _________________________________________________________________________________________________ _________________________________________________________________________________________________ _________________________________________________________________________________________________ _________________________________________________________________________________________________ _________________________________________________________________________________________________ _________________________________________________________________________________________________ _________________________________________________________________________________________________ _________________________________________________________________________________________________ _________________________________________________________________________________________________ _________________________________________________________________________________________________ _________________________________________________________________________________________________ _________________________________________________________________________________________________ _________________________________________________________________________________________________ _________________________________________________________________________________________________ Seller represents that the information provided on this form and any attachments is accurate and complete to the best of Seller’s knowledge on the date signed by Seller.

Seller: ________________________________ / ___________________________________ Date: ______________ (signature) (print) Seller: ________________________________ / ___________________________________ Date: ______________ (signature) (print) Buyer acknowledges that Buyer has read, understands, and has received a copy of this revised disclosure statement.

Buyer: ________________________________ / ___________________________________ Date: ______________ (signature) (print) Buyer: ________________________________ / ___________________________________ Date: ______________ (signature) (print)

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Stephen Casner Stephen Casner

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Rosalie Casner Rosalie Casner

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CDDA_2 Rev 2/18 ©2018 Florida Realtors®

Community Development District Addendum

The following disclosure is to be given for the initial sale of a parcel of real property or the initial sale of a residential unit after the establishment of a Community Development District (CDD) under Florida Statutes Ch. 190 and is not required to be given in any subsequent sales. For information regarding CDD taxes and/or assessments, please contact your tax collector’s office. The following provisions are made part of the Contract for Sale and Purchase or Residential Sale and Purchase Contract

or Vacant Land Contract between (Seller)

and (Buyer)

concerning the Property located at .

THE COMMUNITY DEVELOPMENT DISTRICT (NAME OF DISTRICT) (“DISTRICT”) MAY IMPOSE AND LEVY TAXES OR ASSESSMENTS, OR BOTH TAXES AND ASSESSMENTS, ON THE PROPERTY. THESE TAXES AND ASSESSMENTS PAY THE CONSTRUCTION, OPERATION AND MAINTENANCE COSTS OF CERTAIN PUBLIC FACILITIES AND SERVICES OF THE DISTRICT AND ARE SET ANNUALLY BY THE GOVERNING BOARD OF THE DISTRICT. THESE TAXES AND ASSESSMENTS ARE IN ADDITION TO COUNTY AND OTHER LOCAL GOVERNMENTAL TAXES AND ASSESSMENTS AND ALL OTHER TAXES AND ASSESSMENTS PROVIDED FOR BY LAW.

______________ ___________________________ _______________ _______________________________ Date Seller Date Buyer ______________ ___________________________ _______________ _______________________________ Date Seller Date Buyer

Seller represents that the current CDD taxes/assessments are: $ per to .

$ per to .

Buyer is responsible for all assessments or charges from the District described above, including any outstanding capital assessments, but not including any annual assessments or charges for any years prior to the year of closing which shall be paid by Seller at or before closing. The annual assessments and charges and the capital assessment for the year of closing shall be pro-rated in the same manner as property taxes as set forth in the Contract.

This addendum amends the above-referenced Contract between Seller and Buyer. All other non-conflicting provisions of that agreement remain in full force and effect.

Stephen Casner and Rosalie Casner


PARKLAND WEST

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Stephen Casner

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Rosalie Casner

645.85 Capital Assmt. YEAR PEGASUS PROPERTY MANAGEMENT

299.05 O&M Assessment YEAR PEGASUS PROPERTY MANAGEMENT

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Page 1 of 3 A. CONDOMINIUM RIDER (SEE CONTINUATION) CR-5 Rev. 9/15 © 2015 Florida Realtors® and The Florida Bar. All rights reserved.

Comprehensive Rider to the Residential Contract For Sale And Purchase THIS FORM HAS BEEN APPROVED BY THE FLORIDA REALTORS AND THE FLORIDA BAR If initialed by all parties, the clauses below will be incorporated into the Florida Realtors®/Florida Bar Residential Contract For Sale And Purchase between (SELLER) and (BUYER) concerning the Property described as Buyer’s Initials ___________ ___________ Seller’s Initials ___________ __________

A. CONDOMINIUM RIDER 1. CONDOMINIUM ASSOCIATION APPROVAL:

The Association’s approval of Buyer (CHECK ONE): is is not required. If approval is required, this Contract is contingent upon Buyer being approved by the Association no later than _______________ (if left blank, then 5) days prior to Closing. Within _______________ (if left blank, then 5) days after Effective Date Seller shall initiate the approval process with the Association and Buyer shall apply for such approval. Buyer and Seller shall sign and deliver any documents required by the Association in order to complete the transfer of the Property and each shall use diligent effort to obtain such approval, including making personal appearances if required. If Buyer is not approved within the stated time period, this Contract shall terminate and Buyer shall be refunded the Deposit, thereby releasing Buyer and Seller from all further obligations under this Contract.

2. RIGHT OF FIRST REFUSAL: (a) The Association (CHECK ONE): has does not have a right of first refusal (“Right”). If the Association has

a Right, this Contract is contingent upon the Association, within the time permitted for the exercise of such Right, either providing written confirmation to Buyer that the Association is not exercising that Right, or failing to timely exercise such Right pursuant to the terms of the Declaration of Condominium (“Declaration”, which reference includes all amendments thereto).

(b) The members of the Association (CHECK ONE): have do not have a Right. If the members do have a Right, this Contract is contingent upon the members, within the time permitted for the exercise of such Right, either providing written confirmation to Buyer that the members are not exercising that Right, or failing to timely exercise such Right pursuant to the terms of the Declaration.

(c) Buyer and Seller shall, within _______________ (if left blank, then 5) days after Effective Date, sign and deliver any documents required as a condition precedent to the exercise of the Right, and shall use diligent effort to submit and process the matter with the Association and members, including personal appearances, if required.

(d) If, within the stated time period, the Association, the members of the Association, or both, fail to provide the written confirmation or the Right has not otherwise expired, then this Contract shall terminate and the Deposit shall be refunded to the Buyer, thereby releasing Buyer and Seller from all further obligations under this Contract.

(e) If the Association or a member timely exercises its or their Right, this Contract shall terminate and the Deposit shall be refunded to Buyer (unless this Contract provides otherwise), thereby releasing Buyer and Seller from all further obligations under this Contract, and Seller shall pay to Broker the full commission at Closing in recognition that Broker procured the sale.

3. FEES; ASSESSMENTS; PRORATIONS; LITIGATION: (a) Condominium Association assessment(s) and Rents: Seller represents that the current Association

assessment(s) installments is/are

$ _______________ payable (CHECK ONE): monthly quarterly semi-annually annually

and if more than one Association assessment $ _______________ payable (CHECK ONE): monthly quarterly semi-annually annually

and the current rent on recreation areas, if any, is $ _______________ payable (CHECK ONE): monthly quarterly semi-annually annually



ENCLAVE AT PALMIRA VII DESC IN INST#2005-146443 BLDG 37 UNIT 101

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N/A

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633.50 (MHOA)

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A. CONDOMINIUM RIDER (CONTINUED)

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All annual assessments levied by the Association and rent on recreational areas, if any, shall be made current by Seller at Closing, and Buyer shall reimburse Seller for prepayments.

(b) Fees: Seller shall, at Closing, pay all fines imposed against the Unit by the Condominium Association as of Closing Date and any fees the Association charges to provide information about the Property, assessment(s) and fees.

If Property is part of a Homeowners’ Association, see Rider B. HOMEOWNERS’ ASSOCIATION/COMMUNITY DISCLOSURE for further information including additional assessments and fees.

(c) Special Assessments and Prorations: (i) Seller represents that Seller is not aware of any special or other assessment that has been levied by the

Association or that has been an item on the agenda, or reported in the minutes, of the Association within twelve (12) months prior to Effective Date, (“pending”) except as follows:_

(ii) If special assessments levied or pending exist as of the Effective Date are disclosed above by Seller and may be paid in installments (CHECK ONE): Buyer Seller (if left blank, then Buyer) shall pay installments due after Closing Date. If Seller is checked, Seller shall pay the assessment in full prior to or at the time of Closing.

(iii) If special assessments levied or pending exist as of the Effective Date and have not been disclosed above by Seller, then Seller shall pay such assessments in full at the time of Closing.

(iv) If, after Effective Date, the Association imposes a special assessment for improvements, work or services, which was not pending as of the Effective Date, then Seller shall pay all amounts due before Closing Date and Buyer shall pay all amounts due after Closing Date.

(v) A special assessment shall be deemed levied for purposes of this paragraph on the date when the assessment has been approved as required for enforcement pursuant to Florida law and the condominium documents listed in Paragraph 5.

(vi) Association assets and liabilities, including Association reserve accounts, shall not be prorated. (d) Litigation: Seller represents that Seller is not aware of pending or anticipated litigation affecting the Property or the

common elements, if any, except as follows:

4. SPRINKLER SYSTEM RETROFIT: If, pursuant to Sections 718.112(2)(l), F.S., the Association has voted to forego retrofitting its fire sprinkler system or handrails and guardrails for the condominium units, then prior to Closing Seller shall furnish to Buyer the written notice of Association’s vote to forego such retrofitting.

5. NON-DEVELOPER DISCLOSURE: (CHECK ONE):

(a) THE BUYER HEREBY ACKNOWLEDGES THAT BUYER HAS BEEN PROVIDED A CURRENT COPY OF THE DECLARATION OF CONDOMINIUM, ARTICLES OF INCORPORATION OF THE ASSOCIATION, BYLAWS AND RULES OF THE ASSOCIATION, AND A COPY OF THE MOST RECENT YEAR-END FINANCIAL INFORMATION AND FREQUENTLY ASKED QUESTIONS AND ANSWERS DOCUMENT MORE THAN 3 DAYS, EXCLUDING SATURDAYS, SUNDAYS, AND LEGAL HOLIDAYS, PRIOR TO EXECUTION OF THIS CONTRACT.

(b) THIS AGREEMENT IS VOIDABLE BY BUYER BY DELIVERING WRITTEN NOTICE OF THE BUYER’S INTENTION TO CANCEL WITHIN 3 DAYS, EXCLUDING SATURDAYS, SUNDAYS, AND LEGAL HOLIDAYS, AFTER THE DATE OF EXECUTION OF THIS AGREEMENT BY THE BUYER AND RECEIPT BY BUYER OF A CURRENT COPY OF THE DECLARATION OF CONDOMINIUM, ARTICLES OF INCORPORATION, BYLAWS AND RULES OF THE ASSOCIATION, AND A COPY OF THE MOST RECENT YEAR-END FINANCIAL INFORMATION AND FREQUENTLY ASKED QUESTIONS AND ANSWERS DOCUMENT IF SO REQUESTED IN WRITING. ANY PURPORTED WAIVER OF THESE VOIDABILITY RIGHTS SHALL BE OF NO EFFECT. BUYER MAY EXTEND THE TIME FOR CLOSING FOR A PERIOD OF NOT MORE THAN 3 DAYS, EXCLUDING SATURDAYS, SUNDAYS, AND


Page 3 of 3 A. CONDOMINIUM RIDER CR-5 Rev. 9/15 © 2015 Florida Realtors® and The Florida Bar. All rights reserved.

LEGAL HOLIDAYS, AFTER THE BUYER RECEIVES THE DECLARATION, ARTICLES OF INCORPORATION, BYLAWS AND RULES OF THE ASSOCIATION, AND A COPY OF THE MOST RECENT YEAR-END FINANCIAL INFORMATION AND FREQUENTLY ASKED QUESTIONS AND ANSWERS DOCUMENT IF REQUESTED IN WRITING. BUYER’S RIGHT TO VOID THIS AGREEMENT SHALL TERMINATE AT CLOSING.

6. BUYER’S REQUEST FOR DOCUMENTS: Buyer is entitled, at Seller’s expense, to current copies of the condominium documents specified in Paragraph 5, above. Buyer (CHECK ONE): requests does not request a current copy of the documents specified in Paragraph 5, above. If this Contract does not close, Buyer shall immediately return the documents to Seller or reimburse Seller for the cost of the documents.

7. BUYER’S RECEIPT OF DOCUMENTS: (COMPLETE AND CHECK ONLY IF CORRECT) Buyer received the documents described in Paragraph 5, above, on ___________________________________.

8. COMMON ELEMENTS; PARKING: The Property includes the unit being purchased and an undivided interest in the common elements and appurtenant limited common elements of the condominium, as specified in the Declaration. Seller’s right and interest in or to the use of the following parking space(s), garage, and other areas are included in the sale of the Property and shall be assigned to Buyer at Closing, subject to the Declaration: Parking Space(s) # ________ Garage # ________ Other: ___________________________________________

9. INSPECTIONS AND REPAIRS: The rights and obligations arising under Paragraphs 11 and 12 of this Contract to maintain, repair, replace or treat are limited to Seller’s individual condominium unit and unless Seller is otherwise responsible do not extend to common elements, limited common elements, or any other part of the condominium property.

10. GOVERNANCE FORM: PURSUANT TO CHAPTER 718, FLORIDA STATUTES, BUYER IS ENTITLED TO RECEIVE FROM SELLER A COPY OF THE GOVERNANCE FORM IN THE FORMAT PROVIDED BY THE DIVISION OF FLORIDA CONDOMINIUMS, TIMESHARES AND MOBILE HOMES OF THE DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION, SUMMARIZING THE GOVERNANCE OF THE CONDOMINIUM ASSOCIATION.

GUEST 2 CAR GUEST




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dotloop verified05/30/18 10:49AM EDTGNGZ-VEFQ-A0G0-1WCO

Rosalie Casner

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Rosalie Casner

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Page 1 of 1 M. DEFECTIVE DRYWALL CR-5 Rev. 9/15 © 2015 Florida Realtors® and The Florida Bar. All rights reserved.


M. DEFECTIVE DRYWALL During the time Florida was experiencing building material shortages, some homes were built or renovated using drywall imported from or manufactured in China or elsewhere which reportedly emit levels of sulfur, methane and/or other volatile organic compounds that cause corrosion of air conditioner and refrigerator coils, copper tubing, electrical wiring, computer wiring and other household items as well as create noxious odors which may also pose health risks (“Defective Drywall”). 1. Seller’s Knowledge: Except as indicated below, Seller has no actual knowledge of the presence of Defective Drywall

or the existence of any information, records, reports, or other documents pertaining to Defective Drywall affecting the Property: (describe all known Defective Drywall information and list all available documents pertaining to Defective Drywall and provide documents, if any, to Buyer before accepting Buyer’s offer)

2. Defective Drywall Inspection: (Check One): (a) Buyer waives the opportunity to conduct a risk assessment or inspection for the presence of Defective Drywall

and accepts the Drywall in the Property in its existing condition. (b) Buyer, at Buyer’s expense, may have a home inspector, licensed contractor or other licensed professional (if

required by law) to conduct an inspection or risk assessment of the Property for the presence of Defective Drywall within __________ (if left blank, then 15) days from the Effective Date (“Drywall Inspection Period”). If the drywall inspection or risk assessment reveals the presence of Defective Drywall or reveals damage to the Property resulting from the Defective Drywall and the cost to remove/replace the Defective Drywall or damage resulting from the Defective Drywall exceeds $_______________ (if left blank, $500.00), Buyer may cancel this Contract by giving written notice to Seller on or before expiration of the Drywall Inspection Period. If Buyer timely terminates this Contract, the Deposit shall be refunded to Buyer; thereby releasing Buyer and Seller of all further obligations under this Contract, except as provided in Paragraph 3 below. If Buyer fails to timely cancel or fails to conduct the inspections permitted in this Paragraph, Buyer may not terminate this Contract pursuant to this Addendum.

IF NEITHER BOX IS CHECKED, THEN OPTION (b) SHALL BE DEEMED SELECTED.

3. Repair of Inspection Damages to Property: Buyer shall be responsible for prompt payment for such inspections and repair all damages to the Property resulting from the inspections.

4. Professional Advice: Buyer acknowledges that Broker has not conducted any independent investigations to verify the accuracy or completeness of any representations about Defective Drywall made by Broker or Seller. Buyer agrees to rely solely on Seller, professional inspectors, governmental agencies or any third parties retained by the Buyer regarding any issue related to Defective Drywall.




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CRSP-15 (G. Defective Drywall Addendum) Rev 6/17 ©2017 Florida Realtors®

Addendum to Contract for Residential Sale and Purchase

If initialed by all parties, the terms below will be incorporated into the Contract for Residential Sale and Purchase 1

between ("Seller") 2

and ("Buyer") 3

concerning the Property described as 4

5

(_____) (_____) - (_____) (_____) G. Defective Drywall: During a time when Florida experienced building 6 material shortages, some homes were built or renovated using “Defective Drywall.” Defective Drywall emits levels of 7 sulfur, methane, and/or other volatile organic compounds that cause corrosion of air conditioner and refrigerator coils, 8 copper tubing, electrical wiring, computer wiring, and other household items and creates noxious odors that may pose 9 health risks. 10

1. Defective Drywall Inspection: Buyer may, at Buyer’s expense, have a home inspector, licensed contractor, or 11 other licensed professional (if required by law) conduct an inspection of the Property for the presence of Defective 12 Drywall within ______ days (10 days if left blank) after Effective Date (“Drywall Inspection Period”). Buyer will 13 repair all damage to the Property resulting from the inspection and restore the Property to its pre-inspection 14 condition; this obligation will survive termination of this Contract. 15

2. Cancellation: If the inspection reveals the presence of Defective Drywall or reveals damage to the 16 Property resulting from Defective Drywall and the cost to remove/replace Defective Drywall or damage resulting 17 from Defective Drywall exceeds $________________ ($500 if left blank), Buyer may cancel this Contract by 18 giving written notice to Seller within 3 days after expiration of the Drywall Inspection Period; and Buyer’s 19 deposit(s) will be refunded. If Buyer fails to timely conduct the inspection or fails to timely deliver notice of 20 Buyer’s cancellation, this contingency will be waived; and Buyer will continue with this Contract. 21



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CRSP-15 (R. Mold Inspection Addendum) Rev 6/17 ©2017 Florida Realtors®

Addendum to Contract for Residential Sale and Purchase

If initialed by all parties, the terms below will be incorporated into the Contract for Residential Sale and Purchase 1

between ("Seller") 2

and ("Buyer") 3

concerning the Property described as 4

5

(_____) (_____) - (_____) (_____) R. Mold Inspection: 6

1. Mold Inspection: Buyer may, at Buyer’s expense, have a home inspector, licensed contractor, or other licensed 7 professional (if required by law) conduct an inspection of the Property for the presence of mold within ______ 8 days (20 days if left blank) after Effective Date (“Mold Inspection Period”). Buyer will repair all damage to the 9 Property resulting from the inspection and restore the Property to its pre-inspection condition; this 10 obligation will survive termination of this Contract. 11

2. Cancellation: If the inspection reveals the presence of mold that requires professional remediation to remove at a 12 cost that exceeds $________________ ($500 if left blank), Buyer may cancel this Contract by delivering written 13 notice to Seller within 3 days after expiration of the Mold Inspection Period; and Buyer’s deposit(s) will be 14 refunded. If Buyer fails to timely conduct the inspection or fails to timely deliver notice of Buyer’s cancellation, 15 this contingency will be waived; and Buyer will continue with this Contract. 16



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500

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Page 1 of 1 H. HOMEOWNER’S/FLOOD INSURANCE CR-5 Rev. 9/15 © 2015 Florida Realtors® and The Florida Bar. All rights reserved.


H. HOMEOWNER’S/FLOOD INSURANCE (CHECK IF APPLICABLE)

(a) Homeowner’s Insurance: If Buyer is unable to obtain homeowner’s insurance coverage (including windstorm) from a standard carrier or the Citizen’s Property Insurance Corporation at a first year annual premium(s) not to exceed $_______________ or __________% of the Purchase Price by ___________________ (if left blank, then the earlier of 30 days after Effective Date or 10 days prior to Closing Date), Buyer may terminate this Contract by delivering written notice to the Seller by the date set forth in this Paragraph, and Buyer shall be refunded the Deposit, thereby releasing Buyer and Seller from all further obligations under this Contract.

(b) Flood Insurance: In addition to the right of termination provided to Buyer in Paragraph 10(d), if Buyer is unable to obtain flood insurance coverage through the National Flood Insurance Program or through private flood insurance (as defined in 42 U.S.C. §4012a) at a first year premium not to exceed $________________ or _______% of the purchase price by _____________________ (if left blank, then the earlier of 30 days after Effective Date or 10 days prior to Closing Date), Buyer may terminate this Contract by delivering written notice to the Seller by the date set forth in this Paragraph, and Buyer shall be refunded the Deposit, thereby releasing Buyer and Seller from all further obligations under this Contract.




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AFFILIATED BUSINESS ARRANGEMENT DISCLOSURE NOTICE

DATE: _________________________________________

TO: Seller or Purchaser as defined in the attached Contract/Agreement

FROM: Sunshine Elite Realty, LLC (d/b/a Keller Williams Elite Realty)

PROPERTY ADDRESS: ______________________________________________________________________

The following information is provided to you in compliance with the disclosure requirements of Title 24 of the Code of Federal Regulations, Section 3500.15.

This disclosure is provided as written notice that there is a business relationship between and among the following businesses: Sunshine Elite Realty, LLC and: VanDyk Mortgage Corporation, Bonita Title, Inc., Lane Insurance Group, Hilton Moving and Storage, AmeriSpec Home Inspection Service͘� The nature of these business relationships is that of an“affiliated service.” Because of this affiliated relationship, either or all parties may derive a financial or other benefit from this association.

You, as the seller or purchaser, are not required to use the affiliated businesses as any condition for the purchase, sale, or refinance of the subject property. THERE ARE FREQUENTLY OTHER SERVICE PROVIDERS AVAILABLE WITH SIMILAR SERVICES. YOU ARE FREE TO SHOP AROUND TO DETERMINE THAT YOU ARE RECEIVING THE BEST SERVICES AND THE BEST RATES FOR THESE SERVICES.

Furthermore, in connection with providing Real Estate Brokerage Services, Sunshine Elite Realty, LLC may receive a referral commission or a cooperative brokerage “referral fee” for a referral to another real estate brokerage company (which is typical in the real estate brokerage industry); however, this will not affect the amount you pay to purchase or sell a property.

ACKNOWLEDGEMENT

I/We have read this disclosure form, and understand that Sunshine Elite Realty, LLC (DBA Keller Williams Elite Realty) or the affiliates identified in this notice may receive a financial or other benefit as the result of a business referral. I further understand I am not required to use these affiliate services and that Sunshine Elite Realty, LLC is not responsible in any way for the performance of such.

_______________________________________ _______________________________ (Seller) (Date) (Seller) (Date)

_______________________________________ _______________________________ (Purchaser) (Date) (Purchaser) (Date)


dotloop verified05/30/18 11:13AM EDTFNJU-Y613-8A4W-LSAAStephen Casner

dotloop verified05/30/18 10:49AMEDTRRPQ-TI3F-RYJR-76IG

Rosalie Casner

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WFPN-1 Rev 11/16 © 2016 Florida Realtors®

Wire Fraud Prevention Notice

Brokerage Name: ___________________________________________________

Never trust wiring instructions via email

Criminals/hackers are targeting email accounts of various parties involved in real estate transactions (e.g., lawyers, title agents, mortgage brokers, real estate agents). These emails are convincing and sophisticated. Among other concerns, this has led to fraudulent wiring instructions being used to divert funds to the criminal’s bank account. These emails may look like legitimate emails from the proper party. If you receive an email regarding instructions that contains any suspicious information, do not click on any links that may be in the email and do not reply.

Broker strongly recommends that Buyer, Seller, and their respective attorneys and others working on a transaction, refrain from placing any sensitive personal and financial information in an email, directly or through an email attachment. When there is a need to share Social Security numbers, bank accounts, credit card numbers, wiring instructions or similar sensitive information, Broker strongly recommends using more secure means, such as providing the information in person, over the phone, or through secure mail or package services, whenever possible. In addition, before Buyer or Seller wires any funds to any party (including Buyer or Seller’s attorney, title agent, mortgage broker, or real estate broker) personally call them to confirm the information is legitimate (i.e., confirm the ABA routing number or SWIFT code and credit account number). Buyer and Seller should call them at a number that is independently obtained (e.g., from this Contract, the recipient’s website, etc.) and not use the number in the email in order to be sure that the contact is a legitimate party.

Buyer Signature:

Keller Williams Elite Realty

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Buyer Signature:

%X\HU�1DPH��3ULQW��BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

6HOOHU Signature:

6HOOHU�1DPH��3ULQW��BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

6HOOHU Signature:

6HOOHU�1DPH��3ULQW��BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

dotloop verified05/30/18 11:13AM EDTDDCM-CUA9-3ED0-DCRI

Stephen Casner

dotloop verified05/30/18 10:49AMEDT

Rosalie Casner

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Documents

Seller’s Property Disclosure - Condominiumimages.kw.com/listings/9/6/5/9654724/1528485133133... · Seller’s actual knowledge of the Property’s condition. Sellers can disclose