Listing your home with Christine - MMR

The Listing Agreement

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Residential Listing Contract - Exclusive Right to Sell/Rent >>

may not be aware that they could be recorded by audio or visual devices installed by Owner (such as “nanny cams” and hidden security cameras). Owner is advised to post notice disclosing the existence of security devices on the Premises, if any. Adverse Information: Owner has disclosed to Listing Broker all material latent defects and information concerning the Premises known to Owner, including all material information relating to: (i) connection to a public sewer system, septic tank or other sanitation system; (ii) the existence of any tax, judgment or other type of lien; (iii) past or present infestation by or treatment for wood-destroying pests or organisms; and (iv) past or present repair of the Premises for damage resulting from wood destroying pests or organisms. During the term of this Agreement, Owner agrees to continue disclosing to Listing Broker all additional information of the type required by the preceding sentence promptly after Owner becomes aware of any such information by updating the Seller’s Property Disclosure Statement, Residential Lease Owner’s Property Disclosure Statement or other written notice. Disclosures: Owner shall provide Listing Broker with accurate information about the Premises. Owner acknowledges that Arizona law requires Owner to disclose material (important) facts about the Premises, even if Owner is not asked by the buyer(s) or a real estate agent. Owner agrees to provide the following disclosures, if applicable: 1. Affidavit of Disclosure: If the Premises is located in an unincorporated area of the county, and five (5) or fewer parcels of property other than subdivided property are being transferred, Owner shall deliver a completed Affidavit of Disclosure in the form required by law to buyer within five (5) days after purchase contract acceptance. 2. Disclosure of Lead-Based Paint and Lead-Based Paint Hazards (Sale or Rental): If the Premises structure was built before 1978, federal law requires that Owner provide the buyer or tenant with a lead-based paint disclosure form. 3. Domestic Water Well Addendum Seller’s Property Disclosure Statement : If the Premises is served by a domestic water well, Owner shall deliver a completed Domestic Water Well Addendum to buyer within three (3) days of contract acceptance. 4. Foreign Investment in Real Property Tax Act certificate: The Foreign Investment in Real Property Tax Act (“FIRPTA”) is applicable if Owner is a non-resident alien individual, foreign corporation, foreign partnership, foreign trust, or foreign estate (“Foreign Person”). Owner agrees to complete, sign, and deliver to Escrow Company a certificate indicating whether Owner is a Foreign Person. FIRPTA requires that a foreign seller may have federal income taxes up to 15% of the purchase price withheld, unless an exception applies. Owner is responsible for obtaining independent legal and tax advice. 5. H.O.A. Condominium / Planned Community Addendum : If the Premises is in a residential HOA/Condominium or Planned Unit Development, Owner shall complete and return to Listing Broker page 1 of the HOA Addendum. 6. Insurance Claims History: Owner shall deliver to buyer a written five (5) year insurance claims history regarding the Premises (or a claims history for the length of time Owner has owned the Premises if less than five (5) years) from Owner’s insurance company or an insurance support organization or consumer reporting agency, or if unavailable from these sources, from Owner, within five (5) days after purchase contract acceptance. 7. Residential Lease Agreement (Lease): If the Premises is to be sold while subject to a Lease, Owner shall provide a copy of the Lease to the Listing Broker. 8. Residential Lease Owner’s Property Disclosure Statement (RLOPDS): The RLOPDS is designed to protect the Owner by disclosing pertinent information regarding the Premises. 9. Seller’s Property Disclosure Statement (SPDS): The SPDS is designed to protect the Owner by disclosing pertinent information regarding the Premises. Owner shall complete and return the SPDS to Listing Broker. 10. Solar Addendum: If a solar photovoltaic panel system (“Solar System”) has been installed on the Premises that is subject to a lease or unpaid loan, Owner shall complete and return the Solar Addendum to Listing Broker. Recommendations: If Listing Broker recommends a builder, contractor, escrow company, title company, pest control service, appraiser, lender, home inspection company or home warranty company or any other person or entity to Owner for any purpose, such recommendations shall be independently investigated and evaluated by Owner, who hereby acknowledges that any decision to enter into any contractual arrangement with any such person or entity recommended by Listing Broker will be based solely upon such independent investigation and evaluation. Owner understands that said contractual arrangement may result in Compensation or fee to Listing Broker. Owner agrees it will not allow mechanic’s liens to be recorded against the Premises during the term of this Agreement or at any time prior to close of escrow. >>

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Produced with Lone Wolf Transactions (zipForm Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.lwolf.com

LISTING

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