ALL INCLUSIVE DISCLOSURE

Transcription

1 ALL INCLUSIVE DISCLOSURE Golden Real Estate & Investments, LLC 4425W. Spring Mountain Rd, #300 Las Vegas, NV Office: Fax: Property Address: Seller's Name (printed): Seller's Agent and Brokerage: Buyer's Name (printed): Buyer's Agent and Brokerage HOMEOWNERS HAZARD INSURANACE CLAIM DISCLOSURE SELLER DISCLOSURE: To the best of the Seller's knowledge lnitials Seller HAS made an insurance claim on this property Seller HAS NOT make ahazard insurance claim on this property _t_ COMMON INTEREST COMMTJNITY NON-OWNER OCCUPIED If the property is located in a Common Interest Community, the buyer is made aware that the CIC Bylaws and CC&R's may restrict the percentage of non-owner occupied residences. Buyer understands that it is the Buyer's responsibility to make sure that their intended use of the property is in compliance with the bylaws of the Common Interest Community. Buyer hereby acknowledges that the real estate Brokers, nor their agents or employees have made any representation conceming the intended use of property and hereby releases the Broker and their representatives, agents and employees from any and all claims, present or future, regarding the actual use or intended use of the property. This property IS aflected by non-owner restrictions of the CIC This property IS NOT affected by non-owner restrictions of the CIC -t- Seller, _ Buyer, _ Page 1

2 MOLD DISCLOSURE Buyers are aware and informed that various mold and fungal contaminants are in Southem Nevada, including buy not inclusive of Aspergillus, Penicillum, and Stachybotrys Chartarum. Fungal contaminants (molds) may exist in the Proper{ of which the Seller is unaware. A home inspection may or may not reveal the presence of mold contaminants. These contaminants generally grow in places where there is excess moisture, such as leakage from roofs, pipes, walls, plant pots, and flooding. The cost of a mold inspection may vary. Names and telephone numbers of various inspections are listed in the yellow pages under Environmental & Ecological. Buyer hereby assrnnes the responsibility to conduct whatever inspections Buyer deems necessary to inspect the propefiy. Buyer hereby releases and discharges all agents and brokers involved in this transaction from any liability regarding mold contamination of the property. Buyer makes the decision to purchase independent ofthe real estate broker(s) involved in this transaction and agrees to hold the Seller, and any broker(s) or licensees in this transaction harmless and to defend and indemnif' them from any claim, demand, action or proceeding as a result of molds in or around the property: This Property HAS had water damage This Property HAS NOT had water damage This Property IS affected by fungal and moid contaminants This Property IS NOT affected by fungal and mold contaminants CONSTRUCTION DEFECT DISCLOSURE AND WATVER SELLERS DISCLOSURE: To the best ofthe Seller's knowledge kritials This properry HAS had a Construction Defect This properry HAS NOT had a Construction Defect J- The subject of a Claim govemed by NRS to inclusive, Actions Resulting from Construction Defect (Item ld in SRPD). Note: If property HAS been declared by the seller to be the subject of Construction Defect, please complete the Construction Defect Disclosure and Waiver provided by GLVAR. Seller Buyer _. _ GREt, LLC - All tnclusive Disclosure PageZ

3 CLASS ACTION NOTICES Buyer(s) are informed that the propetty or the Common Interest Community the property is located in may or may not have been involved in various lawsuits. These may include a class action lawsuit Case # A conceming brass KITEC Fittings. More information on this can be found at Other lawsuits include Galvanic Corrosion also called Dissimilar Metal Corrosion and Weep Screed (defective STUCCO SYSTEM), this names a few. The property may be located in an area where various homeowners are involved as the Seller may have elected to not join ttre tiiigition. Buyer is encouraged to consult professionals regarding this disclosure and satisfo themselves on these matters. SELLER DISCLOSTIRE: To the best of the Seller's knowledge hitials This property HAS NOT ever been the subject of litigation This properry tla.s been rhe subject oflitigation (Seller will provide documentation) Seller HAS notrce that the property is the subject ofa class-action Lawsuit regarding KITEC brass fittings Seller tl{s NOT received any notice that property is subject ofa class action Lar.vsuit regarding KITEC fittings Seller is unaware of any notice conceming KITEC fittings Seller HAS received settlement money from a construction delect claim Seller used seftlement money to repair properqr Seller retained the money but did no repain Seller DID NOT opt out of any litigation Seller DID opt out ofpotential litigaion (Seller agrees to provide any information in the Sellers Possession to the Buyer) RELEASE of LIABILITY: The buyer will make the decision to purchase said property independent of the real estate broker(s) involved and hereby agree to hold Broker(s) and Licensees in this fansaction harmless. Buyer agrees to rely solely on inspection conducted by professionals retained by the Buyer. Buyer hereby releases and discharges ail agents ani brokers involved in this transaction from any liability in this transaction. METH LAB DISCLOSURE chemical residue from the operation of a Meth Lab may be toxic and a health hazard. or may not expose the chemical materials or residue. A professional home inspection may SELLERS DISCLOSURE: To the best ofthe Seller's knowledge A Meth Lab HAS operated on this property A Meth Lab HAS NOT operated on this property Seller lnitials _, _ Buyer lnitials : _ Page 3

4 FORYOURPROTECTION: GET A HOME INSPECTION BY A LICENSED HOME INSPECTOR An appraisal is for the protection of the lender and focuses on different issues than a home inspection. The home inspection is for the benefit of the buyer. A home inspection gives the buyer more detailed information than an appraisal: information you need to make a wise, informed decision. A home inspection gives the buyer an impartial, physical evaluation of the overall condition of the property and detail items that need to be replaced, repaired, and/or any detail items for fui1her investigation by more specialized inspectors. Your inspection should include a detailed report on the condition of the structural components, exterior, roofing, plumbing, electrical, HVAC, interior, insulation, and ventilation. It is your responsibility to be an informed buyer. Be sure that what you buy is satisfactory in every respect. You have the right to carefully examine your potential new home with a qualified, licensed home inspector. Depending on the provisions of your purchase contract, you will have a certain amount of time to arrange for your inspection. You may choose any inspector you desire, refer to the phone book for a list ofqualified licensed inspectors. BUYERAGREEMENT: ). have read and understand the above Home lnspection Disclosure Lurderstand that if I have any questions or concems, I should contact a professional of my choice. DO, DO NOT _ request a Home lnspection. BRUCE WOODBURY BELTWAY Buyer(s) acknowledges that the Bruce Woodbury Beltway is being and will be constructed at some time in the future in the general vicinity of the subject properfy. Furthermore acknowledges that there is uncertainty as to exactly when the Beltway will be completed. Buyer(s) assumes the full responsibility to investigate the state of the Beltway and the location of the Beltway. Buyer(s) releases seller, seller(s) agenl buyer(s) agent from any and all claims relative to including but not limited to, the consfiuction, location, completion and or effect of the Beltway on subjects properly. For more information contact: , Clark County Public Works PEST OR INSECT DISCLOSURE There are various pests and insects that exist in Southem Nevada. Buyer is aware that these include (but are not limited to) approximately 23 species of scorpions, spiders (including Brown Recluse and Black Widow), bees and termites. This only names a few that exist. Buyer has been made aware and it has been recommended Buyer get a Pest Inspection Report to verify the infestation and/or presence ofpests in or around the properly. Pestslinsects may inhabit the prope(y regardless of Sellers statements in the Property Disclosure Statement or in a pest control report. The cost of a pest inspection may vary. Names and numbers of pest control providers can be found in the'lellow pages" under "PESTS". This property IS NOT infested with pests This property IS infested with pests _) )_ BLTYER AGREEMENT: J. I have read and understand the above Pest/Insect Disclosure. I understand that ifi have any questions or concems, I should contact a professional ofmy choice. I DO, DO NOT _ request a Pest/lnspection report. NOTES Seller r _ Buyer, _ Page 4

5 CONDOMINIUM CONVERSION DISCLOST'RE NOTICE To BUYER(s) - If you are purchasing a condominium it may be a conversion. This means that it was an apattrnent before the conversion into a "condo". A homeowners association or a Common hrterest Community (CIC) may govem your community. The association comprised of unit owners will have rules and regulations relative to the obligations of the unit owners. Local govemment typically treats condo conversions as a new sale. Any concems in regard to a condo conversion, the values associated, structural or other building issues, square footage, iocation, and or the effect of proposed plans ofthe surrounding areas should be thoroughly investigated by the Buyer(s). Buyer is responsible for any concems now or in the future. Buyer(s) hereby agree that the real estate Brokers, nor their agents or employees have made any representation conceming the above or any aspect ofthe proposed or completed condo conversion and hereby release the Broker and their representatives, agents and employees ftom any and all claims, present or future, regarding the purchase or sale ofa condo conversation. SELLERS DISCLOSTIRE: To the best of the Seller's knowledge lnitials This properry IS a condomulum converston This property IS NOT a condominium conversion NEVADA TEST SITE DISCLOSURE-WAIVER NEVADA TEST SITE DISCLOSURE: Buyer has been made aware that Nevada has been the site of both and underground nuclear testing and the proposed high ievel nuclear radiation waste storage facility may be located at Yucca Mountain. The Nevada Test Site is located approximately 65 miles NW of Las Vegas. The buyer makes the decision to purchase the properly independent ofreal estate broker(s) involved in this transaction. The buyer assumes all responsibility and hereby agrees to hold seller, broker(s) and Licensee harmless and to defend and indemnify them from any demand action and proceedings regarding any nuclear testing and/or storage. More information: US Department of Energy AIRPORT NOISE DISCLOSURE STATEMENT AIR NOISE: The buyer hereby acknowledges that he/she is aware of the proximity of McCarran Intemational Airport. The North Las Vegas Airport and/or the Henderson Executive Airport to this development. The buyer fully understands that existing and future noise levels at this location, associated with existing and future airport operations, may have an effect upon the livabilify, value, and suitability ofthe property for residential use. The buyer also understands that these airports have been at their present locations for many years, and the future demand and airport operations may increase significantly. For more information: Seller's Signature and Date: Seller's Signature and Date: Buyer's Signature and Date: Buyer's Signature and Date: Page 5