Fire Detector Compliance Statement (No. 13113.8 (b)) – This statement must be forwarded to a potential buyer who wishes to purchase a detached home. You will need to confirm the form confirming that the seller is complying with California fire detection laws. Water conservation devices and detectors (CC 1101.4) – Inform the purchaser of water features that need to be replaced during the construction and condition of carbon monoxide detectors. Water heater and smoke detector compliance (HSC 13113.8) – To inform a buyer, smoke detectors and water heaters comply with national law. A California purchase and sale agreement is a contract between an individual/entity that sells a property and the individual/entity that intends to acquire the property. The parties, buyers and sellers, will settle the terms of the agreement in order to reach a mutually beneficial agreement. A price is set by the seller (and may be negotiated by the buyer) and a sale date is implemented. A purchase and sale contract also includes agreements and provisions that cover everything from financing opportunities and serious money to the state of real estate and inspections. It is legally required to include a disclosure that informs the purchaser of all matters relating to the condition of the property. If a buyer does not receive any of the information listed below, they may have 3 days to terminate their contract (or 5 days from the date of shipment) by notifying the Seller or Seller`s Representative (CC 1102.3).
Disclosure statement forwarded. California`s official form for disclosing known problems that could have a negative impact on the value of a home or pose an unacceptable risk to the safety or health of buyers. (CAL. CIV No. 1102.4) Megan`s Law, the buyer must be provided with the necessary information to search the environment of sex offenders. Methamphetamine (No. 25400.28) – If a person wants to sell a property that has been contaminated with hazardous chemicals used to make methamphetamine, they must first send a pending notice to the potential buyer, while waiting for it to be confirmed that the property is considered safe. (The buyer must show a written willingness to receive notification) Megan`s Law (p. 2079.10a (3) ( 3) – All contracts for the sale of residential real estate in the State of California must include the “Megan`s Law” clause on sex offenders. Local Option (No.
1102.6a) – Some California cities and counties require that a secondary disclosure form be completed for data specific to the municipality where the property is located. The general form is available in Adobe PDF or Microsoft Word (.docx). Title Insurance Advice (No. 1057.6) – If the buyer has no legal order to purchase a residential property in a fiduciary transaction, it should be notified with the following paragraph: Environmental Risk Guide for Landlords, Buyers, Landlords and Tenants (No. 2079.7) – Sellers/Agents can provide these informative brochures to buyers so as not to have to provide additional information on environmental risks (which is considered sufficient).