This document is a jurisdictional addendum to a sales contract for a property located in Virginia. It specifies requirements for delivery of documents, notices, and disclosures required by Virginia law for the sale of the property. It addresses contingencies for financing, appraisal values, private well and septic systems, lead-based paint disclosure, homeowners association requirements, and condominium disclosures. The purchaser has rights to terminate the contract if certain disclosures and documentation are not provided within specified timeframes as outlined in the addendum.
Ruggedized computers for police service bid requestsChuck Thompson
Ruggedized computers for police service bid requests. Gloucester, Virginia. http://www.gloucestercounty-va.com We are working on helping more people see opportunities for doing business.
Az Legal Contract Buyers/Sellers - 8/2019 currentHeather McClaren
As of August 2019, the current legal process to purchase or sell a home. This contract is designed to be utilized by your realtor, and legally created by the Arizona Association of Realtors to protect home buyers/sellers legally in the sale of their home.
Invitation For Bids, Gloucester, VA Government, Computers, Sept, 2014Chuck Thompson
Invitation For Bids, Gloucester, VA Government, Computers, Sept, 2014. http://www.gloucestercounty-va.com Gloucester, Virginia local government request or invitation for bids. The Sheriff's office needs to buy some new computers. Update: Contract and bids now closed. No Award.
Ruggedized computers for police service bid requestsChuck Thompson
Ruggedized computers for police service bid requests. Gloucester, Virginia. http://www.gloucestercounty-va.com We are working on helping more people see opportunities for doing business.
Az Legal Contract Buyers/Sellers - 8/2019 currentHeather McClaren
As of August 2019, the current legal process to purchase or sell a home. This contract is designed to be utilized by your realtor, and legally created by the Arizona Association of Realtors to protect home buyers/sellers legally in the sale of their home.
Invitation For Bids, Gloucester, VA Government, Computers, Sept, 2014Chuck Thompson
Invitation For Bids, Gloucester, VA Government, Computers, Sept, 2014. http://www.gloucestercounty-va.com Gloucester, Virginia local government request or invitation for bids. The Sheriff's office needs to buy some new computers. Update: Contract and bids now closed. No Award.
Gloucester, VA Purchase Order Invitation For Bids, QuestionableChuck Thompson
Gloucester, VA Purchase Order Invitation For Bids, Questionable. We question the legality of this Invitation For Bids Request recently made by Gloucester, VA Government department. June, 2014. http://www.gloucestercounty-va.com
INTELLECTUAL PROPERTY SALE AGREEMENT FORMAT
FREE LEGAL AND ACCOUNTANT FORMATS
KANOON KE RAKHWALE INDIA
HIRE LAWYER ONLINE
LAW FIRMS IN DELHI
CA FIRM DELHI
VISIT : https://www.kanoonkerakhwale.com/
VISIT : https://hirelawyeronline.com/
ADVERTISING AND MARKETING AGREEMENT FORMAT
FREE LEGAL AND ACCOUNTANT FORMATS
KANOON KE RAKHWALE INDIA
HIRE LAWYER ONLINE
VISIT : https://www.kanoonkerakhwale.com/
VISIT : https://hirelawyeronline.com/
What Tenants Need To Know In Fairfax CountyFairfax County
This presentation covers the details of what tenants need to know before signing a rental agreement in Fairfax County. This includes the rules, rights, and obligations of tenants when they sign a rental agreement. Also included in this presentation are details on what should be in a lease agreement, security deposits, move in/out inspections, repairs and maintenance, renters insurance and how evictions work.
Auctioneer Webinar Series: Lien Law 101 - FloridaCheli Rosa
This presentation looks at the lien enforcement requirements self storage operators face in the State of Florida. It covers lien letters, legal ads, motor vehicle sales and much more!
Privacy & Data Security Compliances- Key Elements, Challenges & Leading Practices presented at the INBA National Law Day conference held in New Delhi on Nov. 26, 2015
Gloucester, VA Purchase Order Invitation For Bids, QuestionableChuck Thompson
Gloucester, VA Purchase Order Invitation For Bids, Questionable. We question the legality of this Invitation For Bids Request recently made by Gloucester, VA Government department. June, 2014. http://www.gloucestercounty-va.com
INTELLECTUAL PROPERTY SALE AGREEMENT FORMAT
FREE LEGAL AND ACCOUNTANT FORMATS
KANOON KE RAKHWALE INDIA
HIRE LAWYER ONLINE
LAW FIRMS IN DELHI
CA FIRM DELHI
VISIT : https://www.kanoonkerakhwale.com/
VISIT : https://hirelawyeronline.com/
ADVERTISING AND MARKETING AGREEMENT FORMAT
FREE LEGAL AND ACCOUNTANT FORMATS
KANOON KE RAKHWALE INDIA
HIRE LAWYER ONLINE
VISIT : https://www.kanoonkerakhwale.com/
VISIT : https://hirelawyeronline.com/
What Tenants Need To Know In Fairfax CountyFairfax County
This presentation covers the details of what tenants need to know before signing a rental agreement in Fairfax County. This includes the rules, rights, and obligations of tenants when they sign a rental agreement. Also included in this presentation are details on what should be in a lease agreement, security deposits, move in/out inspections, repairs and maintenance, renters insurance and how evictions work.
Auctioneer Webinar Series: Lien Law 101 - FloridaCheli Rosa
This presentation looks at the lien enforcement requirements self storage operators face in the State of Florida. It covers lien letters, legal ads, motor vehicle sales and much more!
Privacy & Data Security Compliances- Key Elements, Challenges & Leading Practices presented at the INBA National Law Day conference held in New Delhi on Nov. 26, 2015
Mastering the student first approach to marketing automation webinarfathomseo
Learn how The Ohio State University Fisher College of Business adopted Marketing Automation, in partnership with Marketo and Fathom to create a "student-first" communication strategy to engage with prospective students.
Chapter 15 Condition of property the seller’s disclosures .docxketurahhazelhurst
Chapter 15: Condition of property: the seller’s disclosures 99
After reading this chapter, you will understand:
• the affirmative duty a seller and the seller’s agent have to
inspect and disclose their observations and knowledge about the
property’s condition to a prospective buyer;
• the general duty of the seller and seller’s agent owed to prospective
buyers to prepare a Transfer Disclosure Statement (TDS) presenting
known conditions of property improvements with an adverse
effect on value and hand it to a buyer or buyer’s agent before the
seller enters into a purchase agreement; and
• the role of a home inspection report (HIR) to identify and disclose
property conditions as a warranty of the property’s condition.
Learning
Objectives
Condition of property:
the seller’s disclosures
Chapter
15
The seller of a one-to-four unit residential property completes and delivers to a
prospective buyer a statutory form called a Transfer Disclosure Statement
(TDS), more generically called a Condition of Property Disclosure
Statement.1 [See Figure 1, RPI Form 304]
The seller’s mandated use of the TDS requires it be prepared with honesty and
in good faith, whether or not a seller’s agent is retained to review its content.2
1 Calif. Civil Code §§1102(a), 1102.3
2 CC §1102.7
Mandated on
one-to-four
residential
units
home inspection home inspector
For a further study of this discussion, see Chapter 24 of Real Estate
Practice.
Key Terms
100 Real Estate Principles, Second Edition
When preparing the TDS, the seller sets forth any property defects known or
suspected to exist by the seller.
Any conditions known to the seller which might negatively affect the value
and desirability of the property for a prospective buyer are to be disclosed,
even though they may not be an item listed on the TDS. Disclosures to the
buyer are not limited to conditions preprinted for comment on the form.3
Also, the buyer cannot waive delivery of the statutorily-mandated TDS. Any
attempted waiver, such as an “as-is” provision in the purchase agreement, is
void as against public policy.
3 CC §1102.8
Figure 1
Form 304
Condition
of Property
Disclosure
For a full-size, fillable copy of this or
any other form in this book that may be
used in your professional practice, go to
realtypublications.com/forms
Chapter 15: Condition of property: the seller’s disclosures 101
While it is the seller who prepares the TDS, the TDS is delivered to the buyer
by the agent who directly receives the purchase agreement offer from the
buyer.
The failure of the seller or any of the agents involved to deliver the seller’s
TDS to the buyer will not invalidate a sales transaction after it has closed.
However, the seller and the seller’s broker are both liable for the actual
monetary losses incurred by the buyer due to an undisclosed defect known
to them.4
The TDS is handed to the buyer before the seller a ...
Chapter 15 Condition of property the seller’s disclosures .docxbartholomeocoombs
Chapter 15: Condition of property: the seller’s disclosures 99
After reading this chapter, you will understand:
• the affirmative duty a seller and the seller’s agent have to
inspect and disclose their observations and knowledge about the
property’s condition to a prospective buyer;
• the general duty of the seller and seller’s agent owed to prospective
buyers to prepare a Transfer Disclosure Statement (TDS) presenting
known conditions of property improvements with an adverse
effect on value and hand it to a buyer or buyer’s agent before the
seller enters into a purchase agreement; and
• the role of a home inspection report (HIR) to identify and disclose
property conditions as a warranty of the property’s condition.
Learning
Objectives
Condition of property:
the seller’s disclosures
Chapter
15
The seller of a one-to-four unit residential property completes and delivers to a
prospective buyer a statutory form called a Transfer Disclosure Statement
(TDS), more generically called a Condition of Property Disclosure
Statement.1 [See Figure 1, RPI Form 304]
The seller’s mandated use of the TDS requires it be prepared with honesty and
in good faith, whether or not a seller’s agent is retained to review its content.2
1 Calif. Civil Code §§1102(a), 1102.3
2 CC §1102.7
Mandated on
one-to-four
residential
units
home inspection home inspector
For a further study of this discussion, see Chapter 24 of Real Estate
Practice.
Key Terms
100 Real Estate Principles, Second Edition
When preparing the TDS, the seller sets forth any property defects known or
suspected to exist by the seller.
Any conditions known to the seller which might negatively affect the value
and desirability of the property for a prospective buyer are to be disclosed,
even though they may not be an item listed on the TDS. Disclosures to the
buyer are not limited to conditions preprinted for comment on the form.3
Also, the buyer cannot waive delivery of the statutorily-mandated TDS. Any
attempted waiver, such as an “as-is” provision in the purchase agreement, is
void as against public policy.
3 CC §1102.8
Figure 1
Form 304
Condition
of Property
Disclosure
For a full-size, fillable copy of this or
any other form in this book that may be
used in your professional practice, go to
realtypublications.com/forms
Chapter 15: Condition of property: the seller’s disclosures 101
While it is the seller who prepares the TDS, the TDS is delivered to the buyer
by the agent who directly receives the purchase agreement offer from the
buyer.
The failure of the seller or any of the agents involved to deliver the seller’s
TDS to the buyer will not invalidate a sales transaction after it has closed.
However, the seller and the seller’s broker are both liable for the actual
monetary losses incurred by the buyer due to an undisclosed defect known
to them.4
The TDS is handed to the buyer before the seller a.
Do You Need Help Getting Out of a Timeshare?
Timeshare contracts don't have to burden you forever. During our free event, real estate lawyers will show you how timeshare owners have gotten out of their sales contracts.
Timeshare Cancellation, Termination & Modification
Learn how it's possible to cancel, terminate or modify your sales contract. Regardless of what resort developers tell you, they do let timeshare owners out of their contracts. Developers frequently breach their own contracts and engage in fraudulent activities. Learn how a developer's actions can give you a way out.
Deception
Has the resort told you that you can't make a reservation? Have they told you that you can't rent your week? Are you paying hidden costs or higher fees? Timeshare owners face many surprises after the sales presentation. We'll explain your options.
Sales
The timeshare resale industry is rife with unscrupulous businesses. Resale scams require sellers to pay expensive upfront junk fees. Learn how not to become a victim of these fraudsters.
Dealing with Runaway Maintenance Fees
On average, timeshare maintenance fees increase 8% per year. You might even get stuck paying other costs and assessments as time goes on. The sales team probably didn't tell you about these hidden expenses and fee increases. We'll explain how you can seek relief from this costly headache.
Estate Plan
If you've decided to keep your timeshare, then the next step is creating an estate plan. Timeshare contracts are "in perpetuity," and your heirs will have to continue paying maintenances fees and other costs. Learn how to dispose of your timeshare to prevent your heirs from inheriting the extra expenses.
Assignment of real estate purchase agreement for use by wholesalers.
Disclaimer - Attorney Advertising.
No Attorney-Client Relationship is created by use of this website, profile, or samples contained herein.
Recommendations contained herein are intended to provide information about the activities and experience of this attorney and they are not intended as legal advice or as a guarantee of the same or similar results.
Sales meeting on understanding the various deadlines that are contained within the Pennsylvania Association of REALTORS Standard Agreement of Sale and what role REALTORS play in assisting their clients with meeting them.
The statements in this post are the
personal views of the author and do not necessarily reflect the views of the Department of Defense, U.S. Navy, or Navy Judge Advocate General's Corps, or RLSO MIDLANT.
The appearance of hyperlinks does not constitute endorsement by the Navy Judge Advocate General’s Corps, Department of Defense, or RLSO MIDLANT of non-U.S. Government sites or the information, products, or services contained therein. Although the RLSO MIDLANT may or may not use these sites as additional distribution channels for Department of Defense information, it does not exercise editorial control over all of the information that you may find at these locations. Such links are provided consistent with the stated purpose of this website. Moreover, the appearance of commercial advertising and hyperlinks inserted by the host of this service does not constitute endorsement by the U.S. Department of Defense/ Navy Judge Advocate General’s Corps/RLSO MIDLANT.
SALE AGREEMENT FORMAT
FREE LEGAL AND ACCOUNTANT FORMATS
KANOON KE RAKHWALE INDIA
HIRE LAWYER ONLINE
LAW FIRMS IN DELHI
CA FIRM DELHI
VISIT : https://www.kanoonkerakhwale.com/
VISIT : https://hirelawyeronline.com/
5 Things To Make Your LIsting Stand Out OnlineMatthew Rathbun
Great, you got the listing! Now…how are we going to stand out amongst all the other competing homes for sale? In a world of noise, with countless homes for sale and listing sites begging for the home buyers attention, how are you going to get your listing information in front of buyers in a meaningful way? This skills enhancement course covers 5 easy and free ways to make sure your listing is getting found on listing aggregators and even in Google searches. It's time to take your marketing and successful level up a few notches and make the most of the listing opportunity!
Rockstar Presenting, Virtual Classrooms and Real Estate Instructors Matthew Rathbun
The Real Estate Industry is filled with the voices of instructors who can carry a tune, but very few who have the ability to build a following, be sought after and to consistently deliver what their audiences are looking for. Now with the clear necessity of virtual classrooms, the instructors have a new set of skills they need to hone in order to deliver a kickass presentation. The Rockstar Presenting session is designed to give you the skills and tools that highly successful speakers are using to prepare an unprepared industry for the changes that are coming, the demands the learners have today, and the ability to evolve with the world. For more information visit www.MatthewRathbun.com
Now more than ever consumers are looking for a way to get into a home, without stepping inside. In the midst of a pandemic, Home owners and landlords are trying to get buyers and tenants into homes, while those occupying the property are trying to do all they can to limit the exposure of themselves and others into a home. The use of video and virtual tours is a critical marketing tool in maximizing exposure to the property. This session explores the various resources, tools and tactics for gathering engaging media and 3D tours both with premium and free tools.
Every broker knows that connection with those in his or her office is essential to team building, engagement, culture and increasing opportunities. However, the old office meeting, where agents sit around and moan about their non-sellable listings have left many of your agents' resistance to attending. The ubiquity of information has made it hard for many managers to find relevance in the agent’s life. Matthew Rathbun shares how his focus on telling the agent’s story and that of the firms has increased attendance. The tools to tell these stories are all around you and can help you craft an experience and not just another meeting.
Ninety-nine percent of consumers conduct online searches related to buying and selling real estate. They are seeking valuable tools and information to help with those processes. Information breeds loyalty. Agents can take advantage of free resources to step up their marketing game and increase their business by offering information, tools and resources that will encourage the consumer to engage the agent. This session focuses on easy means to create content and inbound marketing campaign.
Matthew Rathbun's Real Estate Offer Assistant PacketMatthew Rathbun
The offer assistant packet is left at the listing and uploaded to MLS so that the buyer's agent can use them to draft an offer, thus cutting down on counter offer time.
There is a myriad of free tools and activities that agents can master online and offline to increase their market and create more client opportunities.
10601 Whispering Way, Fredericksburg VA | Home For SaleMatthew Rathbun
You’ve always wanted the perfect waterfront home for entertaining and this is it! Enjoy your year round view of 600 ft of water frontage on 4.91 acres located on Ni River Reservoir. Nestled in a wooded private setting in Fredericksburg, VA this home features several Smart Home security devices, two kitchens, an incredible theater room, large bedrooms, spacious baths, beautiful and hardwood floors.
Matthew Rathbun presents a SmartHome 101 session for Realtors and a tips on how to best serve both the buyers and sellers that are in a transaction with smarthome technology in play
Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
The Roman Empire A Historical Colossus.pdfkaushalkr1407
The Roman Empire, a vast and enduring power, stands as one of history's most remarkable civilizations, leaving an indelible imprint on the world. It emerged from the Roman Republic, transitioning into an imperial powerhouse under the leadership of Augustus Caesar in 27 BCE. This transformation marked the beginning of an era defined by unprecedented territorial expansion, architectural marvels, and profound cultural influence.
The empire's roots lie in the city of Rome, founded, according to legend, by Romulus in 753 BCE. Over centuries, Rome evolved from a small settlement to a formidable republic, characterized by a complex political system with elected officials and checks on power. However, internal strife, class conflicts, and military ambitions paved the way for the end of the Republic. Julius Caesar’s dictatorship and subsequent assassination in 44 BCE created a power vacuum, leading to a civil war. Octavian, later Augustus, emerged victorious, heralding the Roman Empire’s birth.
Under Augustus, the empire experienced the Pax Romana, a 200-year period of relative peace and stability. Augustus reformed the military, established efficient administrative systems, and initiated grand construction projects. The empire's borders expanded, encompassing territories from Britain to Egypt and from Spain to the Euphrates. Roman legions, renowned for their discipline and engineering prowess, secured and maintained these vast territories, building roads, fortifications, and cities that facilitated control and integration.
The Roman Empire’s society was hierarchical, with a rigid class system. At the top were the patricians, wealthy elites who held significant political power. Below them were the plebeians, free citizens with limited political influence, and the vast numbers of slaves who formed the backbone of the economy. The family unit was central, governed by the paterfamilias, the male head who held absolute authority.
Culturally, the Romans were eclectic, absorbing and adapting elements from the civilizations they encountered, particularly the Greeks. Roman art, literature, and philosophy reflected this synthesis, creating a rich cultural tapestry. Latin, the Roman language, became the lingua franca of the Western world, influencing numerous modern languages.
Roman architecture and engineering achievements were monumental. They perfected the arch, vault, and dome, constructing enduring structures like the Colosseum, Pantheon, and aqueducts. These engineering marvels not only showcased Roman ingenuity but also served practical purposes, from public entertainment to water supply.
Honest Reviews of Tim Han LMA Course Program.pptxtimhan337
Personal development courses are widely available today, with each one promising life-changing outcomes. Tim Han’s Life Mastery Achievers (LMA) Course has drawn a lot of interest. In addition to offering my frank assessment of Success Insider’s LMA Course, this piece examines the course’s effects via a variety of Tim Han LMA course reviews and Success Insider comments.
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...Levi Shapiro
Letter from the Congress of the United States regarding Anti-Semitism sent June 3rd to MIT President Sally Kornbluth, MIT Corp Chair, Mark Gorenberg
Dear Dr. Kornbluth and Mr. Gorenberg,
The US House of Representatives is deeply concerned by ongoing and pervasive acts of antisemitic
harassment and intimidation at the Massachusetts Institute of Technology (MIT). Failing to act decisively to ensure a safe learning environment for all students would be a grave dereliction of your responsibilities as President of MIT and Chair of the MIT Corporation.
This Congress will not stand idly by and allow an environment hostile to Jewish students to persist. The House believes that your institution is in violation of Title VI of the Civil Rights Act, and the inability or
unwillingness to rectify this violation through action requires accountability.
Postsecondary education is a unique opportunity for students to learn and have their ideas and beliefs challenged. However, universities receiving hundreds of millions of federal funds annually have denied
students that opportunity and have been hijacked to become venues for the promotion of terrorism, antisemitic harassment and intimidation, unlawful encampments, and in some cases, assaults and riots.
The House of Representatives will not countenance the use of federal funds to indoctrinate students into hateful, antisemitic, anti-American supporters of terrorism. Investigations into campus antisemitism by the Committee on Education and the Workforce and the Committee on Ways and Means have been expanded into a Congress-wide probe across all relevant jurisdictions to address this national crisis. The undersigned Committees will conduct oversight into the use of federal funds at MIT and its learning environment under authorities granted to each Committee.
• The Committee on Education and the Workforce has been investigating your institution since December 7, 2023. The Committee has broad jurisdiction over postsecondary education, including its compliance with Title VI of the Civil Rights Act, campus safety concerns over disruptions to the learning environment, and the awarding of federal student aid under the Higher Education Act.
• The Committee on Oversight and Accountability is investigating the sources of funding and other support flowing to groups espousing pro-Hamas propaganda and engaged in antisemitic harassment and intimidation of students. The Committee on Oversight and Accountability is the principal oversight committee of the US House of Representatives and has broad authority to investigate “any matter” at “any time” under House Rule X.
• The Committee on Ways and Means has been investigating several universities since November 15, 2023, when the Committee held a hearing entitled From Ivory Towers to Dark Corners: Investigating the Nexus Between Antisemitism, Tax-Exempt Universities, and Terror Financing. The Committee followed the hearing with letters to those institutions on January 10, 202
Embracing GenAI - A Strategic ImperativePeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
Francesca Gottschalk - How can education support child empowerment.pptxEduSkills OECD
Francesca Gottschalk from the OECD’s Centre for Educational Research and Innovation presents at the Ask an Expert Webinar: How can education support child empowerment?
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
1. VIRGINIA JURISDICTIONAL ADDENDUM
This Addendum is made on , to a Sales Contract ("Contract")
between
("Purchaser")
for the purchase and sale of the Property:
.
1.
A)
OR
By facsimile to Seller at OR
By email to Seller at .
B) Addressed to Purchaser:
OR
.
dated
("Seller")
whose address is:
and
whose address is:
DELIVERY. The requirements for delivery of property or condominium owner's association documents are
specified in the Virginia Property Owners' Association Act and/or Virginia Condominium Act paragraphs of
this addendum. Delivery of the Notice pursuant to the Residential Property Disclosure Act is addressed in
Paragraph 5.
Initial: Seller: / Purchaser: /NVAR - K1345 - Rev. 09/10 Page 1 of 6
Phone: Fax:
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COURTESY COPIES: Copies of any addenda, amendments, or Notices required by the Contract will also be
provided as a courtesy to the Brokers at the following fax/mailing address/email address. The parties agree that
such courtesy copies sent to the Broker will NOT constitute Delivery and that if a Broker is specified in A or B
above then there is no need to Deliver the courtesy copy. This paragraph does not require items to be sent to the
Broker twice.
Delivery ("Delivery", "delivery", or "delivered") methods may include hand-carried, sent by professional courier service,
by United States mail, or by facsimile or email transmission. The parties agree that Delivery will be deemed to have
occurred: on the day delivered by hand, on the day delivered by a professional courier service (including overnight
delivery service), or by United States mail, return receipt requested, or on the day sent by facsimile or email transmission
either of which produces a tangible record of the transmission.
Deliveries will be sent to the following:
Addressed to Seller at the Property address unless otherwise specified below:
By United States mail, hand delivery or courier service at
By United States mail, hand delivery or courier service at
OR
By facsimile to Purchaser at
By email to Purchaser at
Listing Company:
Selling Company:
No party to this Contract will refuse Delivery in order to delay or extend any deadline established in the contract.
Coldwell Banker Elite 5444 Jefferson Davis Highway Fredericksburg, VA 22407
(800)826-2943 Jennifer Rathbun Untitled
2. The Appraisal is equal to or greater than the Sales Price. This contingency has been satisfied and removed.A:
The parties shall proceed to Settlement;
3. FHA/VA FINANCING.
4.
If FHA or VA Financing is selected in paragraph 3 A of the Regional Sales Contract
APPRAISAL CONTINGENCY FOR CONVENTIONAL FINANCING (ONLY). If Option 1 is selected
Days (minimum of 21 days recommended)
OR
B: The Appraisal is equal to or greater than the Sales Price. However, Purchaser elects not to proceed with
OR
C: The Appraisal is not equal to or greater than the Sales Price and the Purchaser elects not to proceed with
D: Purchaser elects to proceed with consummation of this Contract without regard to the Appraisal. The parties
shall proceed to Settlement;
NVAR - K1345 - Rev. 09/10 Page 2 of 6 Seller: / Purchaser: /Initial:
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2. NOTICES. Notice ("Notice", "notice", or "notify") means a unilateral communication from one party to another.
All Notices required under this Contract will be in writing and will be effective as of Delivery. For the purposes of
computing time periods, the first Day will be the Day following Delivery and the time period will end at 9 p.m. on the
Day specified. Written acknowledgment of receipt of Notice is a courtesy but is not a requirement.
as the Specified Financing, then the FHA/VA Financing Addendum must be attached.
and initialed in Paragraph 10 B in the Regional Sales Contract, this Contract IS CONTINGENT upon an Appraisal
pursuant to this paragraph. Purchaser shall have until 9:00 p.m.
following the Date of Ratification to obtain an Appraisal ("Appraisal Deadline"). Purchaser shall provide Notice to
Seller by the Appraisal Deadline, as follows:
consummation of this Contract because the subject Property does not satisfy the lender requirements, the Property
appraisal does not allow for the specified financing or the Property is inadequate collateral. Such Notice must be
accompanied by a written denial of the financing showing written evidence of the lender's decision concerning the
Property. Purchaser must provide such written evidence concurrently with Purchaser's Notice of election not to
proceed.
consummation of this Contract, unless Seller elects to lower the Sales Price to the appraised value. It will be Seller's
option to lower the Sales Price to the appraised value and the parties shall proceed to Settlement at the lower Sales
Price. If Seller does not make this election, the parties may agree to mutually acceptable terms. Each election must
be made by Notice within 3 Days after Notice from the other party. The parties will immediately sign any
appropriate amendments. If the parties fail to agree, this Contract will become void.
OR
If Purchaser fails to give Seller Notice by the Appraisal Deadline, this contingency will continue, unless Seller at Seller's
option gives Notice to Purchaser that this Contract will become void. If Seller delivers such Notice, this Contract will
become void at 9 p.m. on the third day following Delivery of Seller's Notice, unless prior to such date and time
Purchaser delivers the required Notice.
VIRGINIA RESIDENTIAL PROPERTY DISCLOSURE ACT. The Virginia Residential Property Disclosure Act5.
requires Seller to deliver a disclosure statement prior to the acceptance of this Contract unless the transfer of the Property
is exempt. The law requires Seller, on a disclosure statement provided by the Real Estate Board, to state that Seller makes
no representations or warranties concerning the physical condition of the Property and to sell the Property "as is", except
as otherwise provided in this Contract. The law further requires Seller to make certain statutory disclosures concerning
the Property. If the disclosure required by law is delivered to Purchaser after the acceptance of this Contract, Purchaser
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may terminate this Contract by giving written notice to Seller either by hand delivery or by United States mail, postage
prepaid, at or prior to the earliest of (i) 3 Days after delivery of the disclosure in person, (ii) 5 Days after the postmark if
the disclosure is properly mailed, (iii) Settlement on the Property, (iv) occupancy of the Property by Purchaser, (v)
written waiver by Purchaser in a separate document, or (vi) Purchaser's application for a mortgage loan where such
application contains a disclosure that the right to terminate ends upon applying for the mortgage loan.
6. TARGET LEAD-BASED PAINT HOUSING. The Seller represents that any residential dwellings at the Property
were not constructed before 1978. If the dwellings were constructed before 1978, then,were OR
unless exempt under 42 U.S.C. 4852d, the property is considered "target housing" under the statute and a copy of the
"Sale: Disclosure and Acknowledgment of Information on Lead-Based Paint and/or Lead-Based Paint Hazards"
has been attached and made a part of the Contract as required by law. The Purchaser Yes OR No waives
the right to a risk assessment or inspection of the Property for the presence of lead-based paint and/or lead-based paint
hazards. If No, a copy of the "Sales Contract Addendum for Lead-Based Paint Testing" is attached to establish the
conditions for a lead-based paint risk assessment or inspections.
7. PRIVATE WELL AND/OR PRIVATE SEPTIC SYSTEM.
A. Well.
1) If the Property is on private well, Seller, at Seller's expense, will furnish Purchaser on or before Settlement
with a certificate dated no more than 120 days prior to Settlement from the local health department or a licensed
and insured private company that the well water is free from contamination by coliform bacteria and lead. The
test results must meet current standards established by the jurisdiction in which property is located.
2) Purchaser, at Purchaser's expense, may elect to have additional well inspection(s) including but not limited
to structural integrity of the well, flow rate, radon, and inorganic minerals in the well water. If Purchaser requires
repairs to be made to the well then Purchaser will give Notice to Seller of the required repairs, along with a copy
of the additional well inspection report, within 15 days from Date of Ratification. Within 5 Days after such
Notice, Seller will give Notice to Purchaser as to whether Seller will make the repairs. If Seller will not make the
repairs, Purchaser will give Notice to Seller within 5 Days after Seller's Notice as to whether Purchaser will
make the repairs. If neither Seller nor Purchaser will make the repairs, then this Contract will become void.
B. Septic.
1) If the Property is on private Septic or private Alternative Sewage Disposal System as indicated in Contract
paragraph 8 (Utilities) then Seller, at Seller's expense, will furnish Purchaser within 15 days of ratification with a
certificate dated not more than 120 days prior to Settlement from a licensed and insured private company,
indicating that (i) there is no evidence of malfunction of the private Septic or private Alternative System OR (ii)
with a Notice pursuant to Paragraph B3 below. Inspection of the private Septic or private Alternative System
must include pumping of all tanks and a visual inspection of the distribution station and drain field by a licensed
bonded septic system installer, contractor or repair firm.
does OR
does not have a maintenance contract. If Seller does have a maintenance contract, Seller will provide
An Alternative system may require regular maintenance in order to prevent failure. Seller2)
a copy to Purchaser within 15 days from Date of Ratification, and that maintenance contract shall OR shall
not convey. In the event that the Property is subject to a maintenance contract, and the system does not require
pumping, Seller shall provide a certificate from the maintenance provider (or other licensed contractor
authorized by the manufacturer to service the system) that the system is in normal working order.
If malfunctions are found in either the private Septic or private Alternative System, Seller will give Notice3)
to Purchaser of such malfunctions within 15 days from Date of Ratification along with a copy of the report.
Within 5 days of such Notice, Purchaser will give Notice to Seller of the required repairs. Within 5 days after
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such Notice, Seller will give Notice to Purchaser as to whether Seller will make the repairs. If Seller will not
make the repairs, Purchaser will give Notice to Seller within 5 days after Seller's Notice as to whether Purchaser
will make the repairs. If neither Seller nor Purchaser will make the repairs, then this Contract will become void.
Nothing in this paragraph relieves Seller of the obligations under the Title paragraph of the Contract.
8. VIRGINIA PROPERTY OWNERS' ASSOCIATION ACT. The Seller represents that the Property is, OR
is not located within a development that is subject to the Virginia Property Owner's Association Act ("POA Act"). The
POA Act requires the Seller of a property within such a development to obtain an Association Disclosure Packet from the
property owners' association and provide it to Purchaser. The information in the Association Disclosure Packet shall be
current as of a date specified on the Association Disclosure Packet. For delivery of the Packet or the Notice
of non-availability of the Packet, Purchaser chooses the following method: hardcopy OR electronic at the
following address:
.
Purchaser may cancel the contract (a) within 3 days of the Date of Ratification if Purchaser receives the Association
Disclosure Packet on or before the Date of Ratification, (b) within 3 days after receiving the Association Disclosure
Packet by hand delivery, (c) within 3 days after receiving the Association Disclosure Packet electronically with a receipt
to sender, or (d) within 6 days after the postmark date if the Association Disclosure Packet is mailed to Purchaser.
If the Association Disclosure Packet is not available, Purchaser may cancel the contract (a) within 3 days of the Date of
Ratification if Purchaser receives notification that the Association Disclosure Packet will not be available on or before the
Date of Ratification, (b) within 3 days after receiving notification that the Association Disclosure Packet will not be
available by hand-delivery or electronic means, or (c) within 6 days after the postmark date of the mailed notification.
Purchaser may also cancel this Contract at any time prior to Settlement if Purchaser has not been notified that the
Association Disclosure Packet will not be available and the Association Disclosure Packet is not delivered to Purchaser.
Written Notice of cancellation may be (i) hand delivered; (ii) sent by United States mail, postage prepaid, provided that
Purchaser retains sufficient proof of mailing, which may be either a United States postal certificate of mailing or a
certificate of service confirming that such mailing was prepared by Purchaser; (iii) sent by electronic means to the
facsimile number or electronic mailing address provided by Seller in the "Delivery" paragraph of this Addendum,
provided that Purchaser retains sufficient proof of the electronic delivery, which may be an electronic receipt of delivery,
a confirmation that the notice was sent by facsimile, or a certificate of service confirming that such electronic delivery
was prepared by Purchaser, or (iv) by overnight delivery using a commercial service or the United States Postal Service.
Purchaser's failure to send Notice of cancellation within the allotted time frames shall extinguish Purchaser's rights to
cancel the contract under the Virginia Property Owners' Association Act. Such cancellation shall be without penalty; this
Contract shall become void, both parties shall promptly execute a release and the Deposit shall be refunded in full to
Purchaser.
Purchaser, at Purchaser's expense, shall have the right to request that the association provide an update of the Association
Disclosure Packet previously furnished, along with the assurance that there has been no material change, or if there have
been material changes, a statement specifying such changes.
The right to receive the Association Disclosure Packet and to cancel this Contract terminates at Settlement.
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9. VIRGINIA CONDOMINIUM ACT. Seller represents that the Property is, OR is not a condominium
unit. If the Property is a condominium unit, this Contract is subject to the Virginia Condominium Act which requires the
Seller to obtain from the condominium unit owners' association ("Unit Owners' Association") certain financial and other
disclosures ("Resale Certificate") and provide it to Purchaser. If the required disclosures are not available on the Date of
Ratification, Seller shall promptly request them from the Unit Owners' Association and provide them to Purchaser who
shall acknowledge receipt in writing upon Delivery. The information contained in the Resale Certificate
shall be current as of a date specified on the Resale Certificate. For delivery of the Certificate, Purchaser chooses the
following method: hardcopy OR electronic at the following address:
.
Purchaser may cancel this Contract: (a) within 3 Days after the Contract Date, if Purchaser receives the Resale Certificate
on or before the date that Purchaser signs the contract; (b) within 3 Days after receiving the Resale Certificate if the
Resale Certificate is delivered by hand or electronically with a receipt to sender; or (c) within 6 Days after the postmark
date if the Resale Certificate is sent to Purchaser by United States mail, return receipt requested .
After receiving the Resale Certificate from Seller, Purchaser, at Purchaser's expense, may submit a copy of the Contract
to the Unit Owners' Association along with a request for assurance from the Association that the information submitted in
the Resale Certificate remains materially unchanged, or if there have been material changes, a statement specifying such
changes.
Written Notice of cancellation may be (i) hand delivered; (ii) sent by United States mail, postage prepaid, provided that
Purchaser retains sufficient proof of mailing, which may be either a United States postal certificate of mailing or a
certificate of service confirming that such mailing was prepared by Purchaser; (iii) sent by electronic means to the
facsimile number or electronic mailing address provided by Seller in the "Delivery" paragraph of this Addendum,
provided that Purchaser retains sufficient proof of the electronic delivery, which may be an electronic receipt of delivery,
a confirmation that the notice was sent by facsimile, or a certificate of service confirming that such electronic delivery
was prepared by Purchaser, or (iv) by overnight delivery using a commercial service or the United States Postal Service.
Purchaser's failure to send Notice of cancellation within the allotted time frames shall extinguish Purchaser's rights to
cancel the contract under the Virginia Condominium Owners' Association Act. Such cancellation shall be without
penalty; this Contract shall become void, both parties shall promptly execute a release and the Deposit shall be refunded
in full to Purchaser.
The right to receive the Resale Certificate and to cancel this Contract terminates at Settlement.
NOTICE TO PURCHASER REGARDING THE REAL ESTATE SETTLEMENT AGENTS ACT10.
("RESAA").
Choice of Settlement Agent: You have the right to select a Settlement agent to handle the closing of this
transaction. The Settlement agent's role in closing your transaction involves the coordination of numerous
administrative and clerical functions relating to the collection of documents and the collection and disbursement of
funds required to carry out the terms of the contract between the parties. If part of the purchase price is financed,
your lender will instruct the Settlement agent as to the signing and recording of loan documents and the
disbursement of loan proceeds. No Settlement agent can provide legal advice to any party to the transaction
except a Settlement agent who is engaged in the private practice of law in Virginia and who has been retained or
engaged by a party to the transaction for the purpose of providing legal services to that party.
Variation by agreement: The provisions of the Real Estate Settlement Agents Act may not be varied by agreement,
and rights conferred by this chapter may not be waived. The Seller may not require the use of a particular
settlement agent as a condition of the sale of the property.
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