blanklistingagreementforreview shortsale v8!21!13

8/11/2019 BlankListingAgreementForReview ShortSale v8!21!13

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DATE:

OWNER (List all):

Mailing Address:

Office Telephones:

Home Telephones:Email Addresses:

BROKER:

Office Address:

Office Telephone:

Listing Agent:

Home Phone:

Email Address:

Office / Home Fax:

Cell Phones:

Office Fax:

Direct Line:

Cell Phone:

EXCLUSIVE RIGHT TO SELL BROKERAGE AGREEMENT

4. OWNER RESPONSIBILITY, INSURANCE: Broker shall not be responsible for the care of, or the physical condition of the Property.Owner shall remain solely responsible for the care and physical condition of the Property, including, but not limited to, costs of allutilities, maintenance, the physical security of the premises and all personal property and maintaining adequate property and personalinjury insurance during the term of this Contract and Broker shall have no liability for such matters.

5. MARKETING/MLS/INTERNET ADVERTISEMENT:(a) Broker is authorized to and shall market the Property, (including street name and house number), including, but not limited toentering the Property into the Metropolitan Regional Information System, Inc. ("MRIS"), installing a sign, photographing the Property aninstalling a lock box (Addendum required for lock box). Owner acknowledges that Broker is bound by the bylaws, policies andprocedures, and rules and regulations governing MRIS and the lock box system owner. Broker is hereby granted the right to report tMRIS for dissemination, in accordance with MRIS's rules and policies, any contract of sale and sales price (including the other termupon which any sale of the Property is made). Except as otherwise provided in paragraphs (b) and (c) below and in accordance witthe directions therein, Broker, upon election by Broker and in Broker's sole and absolute discretion, is hereby authorized by Owner tsubmit and market the Property (including street name and house number) by and through:

1. Broker's internet website;2. The internet websites of licensed real estate salespersons or associate real estate brokers affiliated with Broker;3. Any other Internet website in accordance with applicable MRIS rules and regulations;4. Print media; and/or5. Any available MRIS Program(s) that enable part icipants to display aggregated MRIS active list ing information o

participants public websites. Owner further consents to and authorizes Broker, in accordance with the MRIS rules anregulations, to allow other MRIS participants and authorized users to market the Property by and through the internewebsite of other such MRIS participants and authorized users.

1. PROPERTY LISTING:

acknowledges that the Property is being conveyed(initial one selection)_______ IN FEE SIMPLE, or _______ SUBJECT TO ANANNUAL GROUND RENT, now existing, in the amount of $

("Broker") is hereby authorized by theundersigned owner(s) or by the authorized representative of Owner ("Owner") to sell, as the exclusive real estate broker, the propertyknown as: ("Property"). Owner

, payable semi-annually.

days from the date of receipt of such written notice. Owner and Broker may also terminateexcept that either Owner or Broker, by giving written notice, may cancel this Agreement so that it will termina

(m/d/y) and shall continue until midnight on2. LISTING TERM: This Agreement shall be effective on

at midnightthis Agreement at any time by mutual written agreement. Any termination of this Agreement by Owner or Broker shall be subject to theprovisions of Paragraph 6 of this Agreement and such provisions shall survive termination.

(m/d/y))(

3. LISTING PRICE: The listing price of the Property is $desires to change the listing price, Owner shall immediately inform Broker in writing of the changed listing price, and such changedlisting price shall thereafter be the price advertised by Broker.

and shall be the price advertised by Broker. If Owner

PAGE 1 OF 4 Exclusive Right to Sell Brokerage AgreementForm 3820 (03/09)

Keller Williams Realty Baltimore

3635 Old Court Road, Suite 501, Pikesville, MD 21208

(443) 660-8032 (443) 660-8032

Vladimir Kats

(443) 742-1595

[email protected]


Keller Williams Realty Baltimore - VladimirKats


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PAGE 2 OF 4 Exclusive Right to Sell Brokerage Agreement

Form 3820 (03/09)

Property.

(b) Owner may elect not to have the property listing or the property address displayed on the internet. Owner hereby directs Brokerthat(Owner to initial all that apply):

__________/_________Broker may not submit and market the property by and through display on any internet website.

__________/_________Broker may submit and market the property by and through display on any internet website, but Owner electsnot to permit display of the property address on any internet website.

Owner hereby acknowledges that, having selected either or both of the above option(s) not to allow information on internet websites, aconsumer who conducts searches for listings on the internet will not see the corresponding information about the property in responseto a search. Owner to initial:___________/___________

(c) Certain features may be displayed on the websites of MRIS participants, including:

(1) Unedited comments or reviews of the property (or display a hyperlink to such comments or reviews); or (2) An automatedestimate of the market value of the property (or a hyperlink to such estimate).

(Owner to initial):

Owner _______/_______ authorizes or _______/_______does not authorize the display of unedited comments or reviews of theproperty (or display a hyperlink to such comments or reviews) on MRIS participants websites.

Owner_______/_______ authorizes or _______/_______does not authorize the display of an automated estimate of the market value othe property (or a hyperlink to such estimate) on MRIS participants websites.

During the term of this agreement, Owner, by written request to Broker, may authorize Broker to enable or disable use of either featureas described in (1) or (2) above. Broker agrees to transmit promptly the request to MRIS.

(d) Brokers responsibility to market the Property is suspended upon Owners acceptance of a written offer to purchase the Property,unless otherwise agreed by Broker.

% of the Sales Price as stated in the Contract of Sale entered into by Owner, plus month(s) ground rent, if any. In themonth(s) ground rent, if

6. BROKER'S FEE: Owner agrees to pay Broker a brokerage fee for services rendered (the "Fee") in the amount of $orevent of an exchange, the Fee to be paid by Owner to Broker shall be based on the listing price, plusany. The Fee shall be deemed to have been earned by Broker, and shall be due and payable by Owner to Broker:

A. if, during the term of this Agreement, or any extension thereof(i) Broker produces a buyer to purchase the Property at the listingprice and or at such other price as shall be accepted by Owner or agreed upon in writing between Owner and Broker (the "Sales Price")or(ii) Owner shall enter into a writ ten agreement to sell, lease, exchange, convey or transfer the Property to any person or entitwhether such person or entity shall have been procured by Broker, by Owner or by any other person or entity, in which event Ownerwithin seventy-two (72) hours thereof, shall furnish Broker a copy of such written agreement; or(iii) if during the period of

following the expiration or termination of this Agreement, Owner shall enter into a written agreement to sell, lease, exchange, convey otransfer the Property to any person who or to any entity which, with knowledge of Owner or any agent of Owner, inspected or madinquiry about the Property or negotiated to purchase or exchange the Property during the term of this Agreement or any extensiothereof, in which event Owner, within seventy-two (72) hours thereof, shall furnish Broker a copy of such written agreement. The Fedue Broker shall be a charge against the Property and shall be paid at sett lement as a convenience to Owner. However, Owneacknowledges and agrees that settlement on the Property shall not be a condition precedent to Owner's obligation to pay the Fee tBroker when earned as herein provided.

months

If Broker prevails in any action brought to obtain payment of the Fee, Broker shall also be entit led to recover in such action Broker'reasonable attorney's fees and court costs.The amount of Broker compensation is not prescribed by law or established by anymembership organization with which the Broker is affiliated.

Owner shall have no obligation to pay the Fee to Broker if the Property is sold, leased, exchanged, conveyed or transferred by any othlicensed real estate broker who is a subscriber of MRIS following the expiration of this Agreement, or any extension thereof, or followinthe termination of this Agreement as herein provided, unless such termination by Owner shall have been made for the purpose ofavoiding the obligation of Owner to pay the Fee to Broker;

B. if the Owner defaults or voluntarily agrees to terminate a sale;

C. in the event of a breach of this Agreement by Owner

If a deposit made on any contract of sale or other transfer of the Property is forfeited to Owner, or if all or part of the deposit is receiveby Owner as a settlement made by and between Owner and Buyer, $as settlement shall be paid to Broker for Broker's services but in no event shall the amount exceed an amount equal to the full Fespecified herein.

% of the amount forfeited or receiveor

A $345.00 flat fee commission shall be due and payable by Owner to Broker.

50.00



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Form 3820 (03/09)

Property.

% of the Sales Price, plus) month(s) ground rent, if any. Broker shall pay to any Buyer Agent who has earned and is entitled to share in the Fee

month(s) ground rent, if any.

7. AUTHORITY TO COOPERATE WITH OTHER BROKERS: Broker shall be entitled to cooperate with other brokers as subagents oBroker ("Subagents") and/or brokers retained by prospective buyers to represent buyer's interests ("Buyer Agents"). Owner consentto Broker's cooperation and fee sharing with Subagents or Buyer Agents (collectively "Cooperating Brokers"). Broker shall pay to anSubagent, who has earned and is entitled to share in the Fee, $($ or

% of the Sales Price, plus

)(

or

9. LEAD PAINT HAZARD: Owner acknowledges that the Property, if constructed before 1978, is subject to Federal law (Title X) as tthe presence of lead-based paint and/or lead-based paint hazards. Owner represents and warrants to Broker, Broker's agents andcooperating brokers/agents, intending that they rely upon such warranty and representation, that the Property was constructed:(initial one selection) _______________during or after 1978; or _________________ before 1978; or ______________ Owner isuncertain as to the date of construction. If Owner is uncertain as to date the Property was constructed, Owner agrees that, for thpurpose of the sale contemplated by this Agreement, the Property will be treated as though it had been constructed prior to 1978.Title X applies to the Property, Owner acknowledges receipt of brochures ent it led "EPA and HUD Real Estate Not if ication anDisclosure Rule" from Broker, and Owner agrees to comply fully with the requirements as set forth in the Rule.

8. FAIR HOUSING: With respect to race, color, religion, sex, national origin, handicap or familial status, the Property is offered icompliance with the Civil Rights Act of 1968, and the Fair Housing Amendments Act under Federal law. The Property is also offered icompliance with the anti-discrimination provisions of applicable State and local fair housing laws.

10. CONSERVATION EASEMENT(S):A. Seller is advised and acknowledges that if the Property is encumbered by one or more conservation easement(s) or other restrictionlimiting or affecting uses of the Property and owned by the Maryland Environmental Trust, the Maryland Historical Trust, the MarylanAgricultural Land Preservation Foundation, the Maryland Department of Natural Resources, or a Land Trust (the ConservatioEasement(s)), Maryland law requires that Seller deliver to the Buyer copies of all Conservation Easement(s) on or before the day thContract of Sale is entered into, or within 20 calendar days after entering into the Contract of Sale. The Buyer shall have the right t

rescind the Contract of Sale if Seller shall fail to deliver to the Buyer copies of all Conservation Easement(s) on or before the day thContract of Sale is entered into or within 20 calendar days after entering into the Contract of Sale.

B. Seller hereby represents to Broker, and upon which representat ion Broker is ent itled to rely; that: (Seller to initial applicableprovision)

1. The PropertyIS NOT subject to one or more Conservation Easement(s) or other restrictions limiting or affecting uses othe Property;OR

2. The Property IS subject to one or more Conservation Easement(s) or other restrictions limiting or affectingUses of the Property as follows: (Seller to check applicable Conservation Easement(s))

Maryland Environmental TrustMaryland Historical TrustMaryland Agricultural Land Preservation Trust

Maryland Department of Natural ResourcesLand Trust

If paragraph B2., above, is initialed by Seller, Seller _______ has OR _______ has not provided a copy of saidConservation Easement(s) to Broker and Seller acknowledges that it is Sellers sole obligation to obtain and deliver copieof all such Conservat ion Easement(s) to Buyer on or before the day a Contract is entered into or within 20 days afteentering into a Contract of Sale.

11. PROPERTY CONDITION DISCLOSURE/DISCLAIMER: Owner acknowledges that Broker has informed Owner that any contracof sale entered into for resale of residential real property improved by four or fewer single family units is subject to the requirements oSection 10-702 of the Real Property Article of the Annotated Code of Maryland, which obligates Owner to deliver to the Buyer of thProperty either a written statement disclosing the condition of the Property, or a written property disclaimer statement. Broker haprovided the required forms for such disclosure or disclaimer.It is the Seller's obligation to disclose to Buyers all latent materiadefects affecting the Property.

12. MINISTERIAL ACTS: Owner hereby consents to and authorizes Broker and real estate licensees affiliated with Broker or licenseeacting as cooperating agents, to provide ministerial acts as defined by law on behalf of Owner to third persons in connection with thsale of the Property.

13. AGENCY DISCLOSURE: Owner acknowledges receipt of required agency disclosure form as required by Maryland law.

14. DUAL AGENCY REPRESENTATION AND CONSENT: Seller acknowledges that Broker and Salespersons affiliated with Brokeregularly represent, as buyer's agents, prospective Buyers in the location and acquisition of property for sale and, in such capacityrepresent the interests of those Buyers. In the event a Buyer represented by an agent affiliated with Broker shall consider the Propertfor purchase, Seller acknowledges that Broker, as the Dual Agent, can represent both Seller and the Buyer of the property, provideSeller and Buyer have executed a Consent for Dual Agency form as required by law. The salesperson representing the buyer will bthe buyer's Intra-Company Agent, and the listing agent will be Seller's Intra-Company Agent. An Intra-Company Agent on behalf oSeller will provide to Seller the same services as an exclusive agent of Seller; an Intra-Company Agent representing the buyer wiprovide the same services as an exclusive agent of the buyer.



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Property.

Nothing contained herein shall preclude the listing agent from preparing an offer on the property and providing Ministerial Acts forBuyer not desiring buyer agency representation.

15. VOLUNTARY MEDIATION: In the event of a dispute between Owner and Broker arising out of or under this Agreement or thtransaction which is the subject of this Agreement, Owner and Broker acknowledge that such dispute may be voluntarily submitted tmediation through the Local Board / Association of REALTORS (if available), the Maryland Association of REALTORS , Inc., othrough such other mediator or mediation service as mutually agreed upon in writing by Owner and Broker,. Mediation is a process bwhich the parties attempt to resolve a dispute with the assistance of a neutral mediator who is trained to facil itate the resolution odisputes. The mediation process requires the voluntary participation by both Owner and Broker. The mediator has no authority to makan award, to impose a resolution of the dispute upon the parties or to require the parties to continue mediation if either party does nodesire to do so. A resolution of a dispute through mediat ion is not binding upon the parties unless the parties enter into a writteagreement resolving the dispute.

16. ELECTRONIC DELIVERY: This Agreement shall be deemed validly executed and delivered by a party if a party executes thisAgreement and delivers a copy of the executed Agreement to the other party by telefax, electronic mail, or telecopier transmittal.

17. SPECIAL CONDITIONS:


Form 3820 (03/09)

18. LEGAL CONSTRUCTION: This Agreement is binding upon the parties hereto, and their personal representatives, successorsheirs and assigns. If this Agreement is signed by more than one person, it shall constitute the joint and several obligations of eachThis Agreement contains the entire Agreement of the parties and cannot be changed except by the written agreement of the partiehereto. Owner warrants that there are no other existing agreements or conditions other than as set forth herein. This is a legallbinding Agreement; if not understood, seek competent legal, tax or other professional advice. Owner has not relied upon any statemenor representation of Broker except as set forth in this Agreement. This Agreement shall survive execution and delivery of the deed anshall not be merged therein. This Agreement shall be interpreted and construed in accordance with the laws of the State of Maryland.

Authorizes;OR

Does Not Authorize

19. AUTHORITY TO DISCLOSE EXISTING OFFERS: Owner is advised that prospective buyers or cooperating brokers may inquire oBroker or Broker's Agents as to whether existing written offers have been received for the purchase of the Property. The disclosure othe existence of written offers could be either beneficial or detrimental to Owner. On the one hand, such disclosure could result in thinterested buyer making the highest and best offer as promptly as possible. On the other hand, such disclosure could result in thinterested buyer electing not to make an offer.

Owner hereby:(Owner to initial the appropriate line)

Broker or Broker's agents to disclose the existence of all other written offers on the Property in response to inquiries from buyers orcooperating brokers.

20. RECEIPT OF COPY: Owner acknowledges receipt of a copy of this Agreement at time of signing hereof.

Broker or Authorized Representative

Owner or Authorized Representative Date

Date

DateOwner or Authorized RepresentativeBy:

This form has been prepared for the sole use of the following Boards/Associations and their members.Each board/association, its members and employees, assumes no responsibility

if this form fails to protect the interests of any party.

2009 The Greater Baltimore Board of Realtors, Inc.

The Greater Baltimore Board of REALTORS, Inc.

Carroll County Association of REALTORS, Inc.

Harford County Association of REALTORS, Inc.

Howard County Association of REALTORS, Inc.



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Understanding Whom Real Estate Agents Represent

At the Time of the First Scheduled Face to Face Contact with You, the Real Estate Licensee Who isAssisting You is Required by Law to Provide this Notice to You. This Notice is Not a Contract orAgreement and Creates No Obligation on Your Part.

In this form seller includes "landlord"; "buyer" includes "tenant"; and "purchase" or "sale" includes "lease"

Agents Who Represent the Seller

Seller's Agent:A seller's agent works for the real estate company that lists and markets the property for thesellers and exclusively represents the sellers. That means that the Seller's agent may assist the buyer inpurchasing the property, but his or her duty of loyalty is only to the sellers.

Cooperating Agent:A cooperating agent works for a real estate company different from the company forwhich the seller's agent works. The cooperating agent can assist a buyer in purchasing a property, but his or herduty of loyalty is only to the sellers.

If you are viewing a property listed by the company with whom the agent accompanying you is affiliatedand you have not signed a "Consent for Dual Agency" form, that agent is representing the seller

Agents Who Represent the Buyer

Presumed Buyers Agent (no written agreement):When a person goes to a real estate agent for assistance infinding a home to purchase, the agent is presumed to be representing the buyer and can show the buyerproperties that are NOTlisted by the agent's real estate company. A presumed buyers agent may not make orprepare an offer or negotiate a sale for the buyer. The buyer does not have an obligation to pay anything to thepresumed agent.

If for any reason the buyer does not want the agent to represent him or her as a presumed agent, either initiallyor at any time, the buyer can decline or terminate a presumed agency relationship simply by saying so.

Buyer's Agent (by written agreement): A buyer may enter into a written contract with a real estate agentwhich provides that the agent will represent the buyer in locating a property to buy. The agent is then known asthe buyers agent. That agent assists the buyer in evaluating properties and preparing offers, and negotiates inthe best interests of the buyer. The agent's fee is paid according to the written agreement between the agent andthe buyer. If you as a buyer wish to have an agent represent you, you must enter into a written buyer agencyagreement before a contract offer can be prepared.

Dual Agents

The possibility ofdual agencyarises when the buyer's agent and the sellers agent both work for the same reaestate company, and the buyer is interested in property listed by that company. The real estate broker or thebrokers designee, is called the "dual agent." Dual agents do not act exclusively in the interests of either theseller or buyer, and therefore cannot give undivided loyalty to either party. There may be a conflict of interesbecause the interests of the seller and buyer may be different or adverse.

If both seller and buyer agree to dual agencyby signing a Consent For Dual Agency form, then the "dualagent" (the broker or the brokers designee) will assign one agent to represent the seller (the seller's"intra-company agent") and another agent to represent the buyer (the buyers "intra-company agent")Intra-company agents may provide the same services to their clients as exclusive seller's or buyer's agentsincluding advising their clients as to price and negotiation strategy, provided the clients have both consented tobe represented by dual agency.

PAGE 1 OF 2 Understanding Whom R. E. Agents Represent

Before you decide to sell or buy or rent a home you need to consider the following information



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We, the

that

and

I certify that on this date I made the required agency disclosure to the individuals identified below and they were unable

or unwillingto acknowledge receipt of a copy of this disclosure statement.

(salesperson) are working as:

Signature Date

Signature of Agent Date

Signature Date

Name of individual to whom disclosure was madeName of individual to whom disclosure was made

If either party does not agree to dual agency,the real estate company must withdraw the agency agreement for thaparticular property with either the buyer or seller, or both. If the seller's agreement is terminated, the seller must then

either represent him or herself or arrange to be represented by an agent from another real estate company. If the buyer'sagreement is terminated, the buyer may choose to enter into a written buyer agency agreement with an agent from adifferent company. Alternatively, the buyer may choose not to be represented by an agent of his or her own but simply to

receive assistance from the seller's agent, from another agent in that company, or from a cooperating agent from another

company.

No matter what type of agent you choose to work with, you have the following rights and responsibilities in

selling or buying property:>Real estate agents are obligated by law to treat all parties to a real estate transaction honestly and fairly. They mustexercise reasonable care and diligence and maintain the confidentiality of clients. They must not discriminate in theoffering of properties; they must promptly present each written offer or counteroffer to the other party; and they must

answer questions truthfully.

>Real estate agents must disclose all material facts that they know or should know relating to a property. An agent'sduty to maintain confidentiality does not apply to the disclosure of material facts about a property.

>All agreements with real estate brokers and agents should be in writing and should explain the duties and obligationsof both the broker and the agent. The agreement should explain how the broker and agent will be paid and anyfee-sharing agreements with other brokers and agents.

>You have the responsibility to protect your own interests. You should carefully read all agreements to make surethey accurately reflect your understanding. A real estate agent is qualified to advise you on real estate matters only. Ifyou need legal or tax advice, it is your responsibility to consult a licensed attorney or accountant.

Buyers/Tenants acknowledge receipt of a copy of this disclosure andSellers/Landlord

(firm name)

seller/landlord's agent

cooperating agent (representing seller/landlord)

buyer's / tenants agent

intra-company agent/dual agent (CHECK BOX ONLY IF CONSENT FOR DUAL AGENCY FORM HAS BEEN SIGNED)

Any complaints about a real estate agent may be filed with the Real Estate Commission at 500 North CalvertStreet, Baltimore, MD 21202. (410) 230-6200.

PAGE 2 OF 2 Understanding Whom R. E. Agents Represent

(You may check more than one box but not more than two)

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

Rev 1/2011

Property.

X


Vladimir Kats

X



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MARYLAND HOMEOWNERS ASSOCIATION ACTNOTICE TO BUYER

For initial sale of lot within a development to a personwho does not intend to occupy or rent the lot for residential purposes.

This sale is subject to the requirements of the Maryland Homeowners Association Act ("the Act"). TheAct requires the Seller to furnish you at or before the time a contract is entered into, or within 7calendar days entering into the contract, all of the information set forth in 11B-107(b) of the Act ("theMHAA information"). The information is as follows:

(1) The name, principal address, and telephone number of the vendor and of the declarant, if thedeclarant is not the vendor;

(2) A Description of:(i) The location and size of the development, including the minimum and maximum number olots currently planned or permitted, if applicable, which may be contained within thedevelopment; and

(ii) Any property owned by the declarant or the vendorContiguous to the development which isto be dedicated to public use; and

(3) A copy of the bylaws and rules of the primary development, and of other related developmentsto the extent available, to which the purchaser shall become obligated on becoming an owner of thelot, including a statement that these obligations are enforceable against an owner and the owner'stenants, if applicable.

Date

Date

Date

Date

Buyer Seller

Buyer Seller

MHONBLD

If you have not received all of the MHAA information 7 calendar days or more before entering into the contractyou have 7 calendar days to cancel the contract after receiving all of the MHAA information. You must cancethe contract in writing, but you do not have to state a reason.

If you do cancel the contract, you will be entitled to a refund of any deposit you made on account of thecontract. However, unless you return the MHAA information to the Seller when you cancel the contract, theSeller may keep out of your deposit the cost of reproducing the MHAA information, or $100, whichever amoun

ADDENDUM NUMBER

BUYER(S):

SELLER(S):

PROPERTY:

TO CONTRACT OF SALE DATED

PAGE 1 OF 1 10/05

Copyright 2005 Maryland Association of REALTORS , Inc. For use by REALTOR members of the Maryland Association ofREALTORS only. Except as negotiated by the parties to the Contract, this form may not be altered or modified in any formwithout the prior expressed written consent of the Maryland Association of REALTORS , Inc.



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For initial sale of a lot within a development consisting of more than 12 lotsto a person who intends to occupy or rent the lot for residential purposes.

ADDENDUM NUMBER

BUYER(S):

SELLER(S):PROPERTY:


PAGE 1 OF 3 NOTICE 12 OR MORE LOTS - 10/05

Buyer Seller

The following notice applies to members of the public who intend to occupy or rent a lot for residentiapurposes. Under the Maryland Homeowners Association Act (the Act), lot means any plot or parcel of landon which a dwelling is located or will be located within a development.

This sale is subject to the requirements of the Maryland Homeowners Association Act ("the Act"). Forthe purposes of the Act, "lot" means any plot or parcel of land on which a dwelling is located or will belocated within a development. The Act requires that the seller disclose to you, at or before the time thecontract is entered into, or within 7 calendar days of entering into the contract, certain informationconcerning the development in which the lot you are purchasing is located. The content of theinformation to be disclosed is set forth in section 11B-105(b) of the Act (the MHAA information) as

follows:

(1) The name, principal address, and telephone number of the vendor and of the declarant. If thedeclarant is not the vendor; or, if the vendor is a corporation or partnership, the names andaddresses of the principal officers of the corporation, or general partners of the partnership;

(2) The name, if any, of the homeowners association and, if incorporated, the state in which thehomeowners association is incorporated, the name of the Maryland resident agent;

(3) A description of:(i) The location and size of the development, including the minimum and maximumnumber of lots currently planned or permitted, if applicable, which may be containedwithin the development; and

(ii) Any property owned by the declarant or the vendor contiguous to the developmentwhich is to be dedicated to public use;

(4) If the development is or will be within or a part of another development, a general descriptionof the other development;

(5) If the declarant has reserved in the declaration the right to annex additional property to thedevelopment, a description of the size and location of the additional property and theapproximate number of lots currently planned to be contained in the development, as well asany time limits within which the declarant may annex such property;

(6) A copy of:

(i) The articles of incorporation, the declaration, and all recorded covenants andrestrictions of the primary development and of other related developments to the extentreasonably available, to which the purchaser shall become obligated on becoming anowner of the lot, including a statement that these obligations are enforceable against anowner and the owners tenants, if applicable; and(ii) The bylaws and rules of the primary development and of other related developmentsto the extent reasonably available, to which the purchaser shall become obligated on

2



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becoming an owner of the lot, including a statement that these obligations areenforceable against an owner and the owners tenants, if applicable;

(7) A description or statement of any property which is currently planned to be owned, leased,or maintained by the homeowners association;

(8) A copy of the estimated proposed or actual budget for the homeowner's association for thecurrent fiscal year, including a description of the replacement reserves for common areaimprovements, if any, and a description of the current projected budget for the homeownersassociation based upon the development fully expanded in accordance with expansion rightscontained in the declaration;

(9) A statement of current or anticipated mandatory fees or assessments to be paid by ownersof lots within the development for the use, maintenance, and operation of common areas and forother purposes related to the homeowners association and whether the declarant or vendor wilbe obligated to pay the fees in whole or in part;

(10) A brief description of zoning and other land use requirements affecting the development; ora written disclosure of where the information is available for inspection.

Maryland Homeowners Association Act Notice To Buye

(11) A statement regarding:

(i) When mandatory homeowners association fees or assessments will first be levied againstowners of lots;(ii) The procedure for increasing or decreasing such fees or assessments;(iii) How fees or assessments and delinquent charges will be collected;(iv) Whether unpaid fees or assessments are a personal obligation of owners of lots;(v) Whether unpaid fees or assessments bear interest and, if so, the rate of interest;(vi) Whether unpaid fees or assessments may be enforced by imposing a lien on a lot under theterms of the Maryland Contract Lien Act; and(vii) Whether lot owners will be assessed late charges or attorneys fees for collecting unpaidfees or assessments and any other consequences for the nonpayment of the fees oassessments;

(12 ) If any sums of money are to be collected at settlement for contribution to the homeownersassociation other than prorated fees or assessments, a statement of the amount to be collected andthe intended use of such funds; and

(13) A description of special rights or exemptions reserved by or for the benefit of the declarant or thevendor, including:

(i) The right to conduct construction activities within the development;(ii) The right to pay a reduced homeowners association fee or assessment; and(iii) Exemptions from use restrictions or architectural control provisions contained in thedeclaration or provisions by which the declarant or the vendor intends to maintain control overthe homeowners association.

If you have not received all of the MHAA information 5 calendar days or more before entering into thecontract, you have 5 calendar days to cancel the Contract after receiving all of the MHAA information.You must cancel the contract in writing, but you do not have to state a reason.

The seller must also provide you with notice of any changes in mandatory fees exceeding 10 percent ofthe amount previously stated to exist and copies of any other substantial and material amendment tothe information provided to you. You have 3 calendar days to cancel this contract after receiving noticeof any changes in mandatory fees, or copies of any other substantial and material amendment to theMHAA information which adversely affect you.



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Buyer Date Seller Date



If you do cancel the contract, you will be entitled to a refund of any deposit you made on account of thecontract. However, unless you return the MHAA information to the seller when you cancel the contractthe seller may keep out of your deposit the cost of reproducing the MHAA information, or $100,whichever amount is less.

By purchasing a lot within this development, you will automatically be subject to various rights,responsibilities, and obligations, including the obligation to pay certain assessments to thehomeowners association within the development. The lot you are purchasing may have restrictions on

(1) Architectural changes, design, color, landscaping, or appearance;(2) Occupancy density;(3) Kind, number, or use of vehicles;(4) Renting, leasing, mortgaging or conveying property;(5) Commercial activity; or(6) Other matters.

You should review the MHAA information carefully to ascertain your rights, responsibilities, andobligations within the development.

Copyright 2005 Maryland Association of REALTORS , Inc. For use by REALTOR members of the Maryland Association of REALTORS onlyExcept as negotiated by the parties to the Contract, this form may not be altered or modified in any form without the prior expressed written consent othe Maryland Association of REALTORS , Inc.

mhonmt12Keller Williams Realty Baltimore - VladimirKats


11/35


For resale of a lot within a development of ANY sizeOR for the initial sale of a lot within a development containing 12 or fewer lots,

to a person who intends to occupy or rent the lot for residential purposes.

ADDENDUM NUMBER

BUYER(S):

SELLER(S):PROPERTY:


PAGE 1 OF 2 NOTICE 12 OR FEWER LOTS - 10/05

Buyer Seller

The following notice applies to members of the public who intend to occupy or rent a lot for residentiapurposes. Under the Maryland Homeowners Association Act (Act), "lot" means any plot or parcel ofland on which a dwelling is located or will be located within a development.

This sale is subject to the requirements of the Maryland Homeowners Association Act (the Act"). TheAct requires that the seller disclose to you, at or before the time the contract is entered into, or within20 calendar days of entering into the contract, certain information concerning the development inwhich the lot you are purchasing is located. The content of the information to be disclosed is set forthin Section 11B-106(b) of the Act (the MHAA information) as follows:

(1). A statement as to whether the lot is located within a development;

(2). Fees:(i). The current monthly fees or assessments imposed by the homeowners associationupon the lot;(ii). The total amount of fees, assessments, and other charges imposed by thehomeowners association upon the lot during the prior fiscal year of the homeownersassociation; and(iii). A statement of whether any of the fees, assessments, or other charges against thelot are delinquent;

(3). The name, address, and telephone number of the management agent of the homeownersassociation, or other officer or agent authorized by the homeowners association to provide tomembers of the public, information regarding the homeowners association and thedevelopment, or a statement that no agent or officer is presently so authorized by thehomeowners association;

(4). A statement as to whether the owner has actual knowledge of:

(i). The existence of any unsatisfied judgments or pending lawsuits against thehomeowners association; and(ii). Any pending claims, covenant violations actions, or notices of default against the lotand

(5). A copy of:

(i). The articles of incorporation, the declaration, and all recorded covenants and

restrictions of the primary development, and of other related developments to the extentreasonably available, to which the buyer shall become obligated on becoming an ownerof the lot, including a statement that these obligations are enforceable against an owner'stenants, if applicable; and

mhonlt12

3



12/35

PAGE 2 OF 2 NOTICE 12 OR FEWER LOTS - 10/05

(ii). The bylaws and rules of the primary development, and of other related developments to theextent reasonably available, to which the buyer shall become obligated on becoming an ownerof the lot, including a statement that these obligations are enforceable against an owner and theowner's tenants, if applicable.

If you have not received all of the MHAA information 5 calendar days or more before entering into thecontract, you have 5 calendar days to cancel the Contract after receiving all of the MHAA information.You must cancel the contract in writing, but you do not have to state a reason. The seller must alsoprovide you with notice of any changes in mandatory fees exceeding 10 percent of the amountpreviously stated to exist and copies of any other substantial and material amendment to theinformation provided to you. You have 3 calendar days to cancel this contract after receiving notice ofany changes in mandatory fees, or copies of any other substantial and material amendments to theMHAA information which adversely affect you.

If you do cancel the contract, you will be entitled to a refund of any deposit you made on account of thecontract. However, unless you return the MHAA information to the seller when you cancel the contractthe seller may keep out of your deposit the cost of reproducing the MHAA information, or $100,whichever amount is less.

By purchasing a lot within this development, you will automatically be subject to various rights,responsibilities, and obligations, including the obligation to pay certain assessments to thehomeowners association within the development. The lot you are purchasing may have restrictions on

A. Architectural Changes, Design, Color, Landscaping, Or Appearance;B. Occupancy Density;C. Kind, Number, Or Use Of Vehicles;D. Renting, Leasing, Mortgaging Or Conveying Property;E. Commercial Activity; OrF. Other Matters.

You should review the MHAA information carefully to ascertain your rights, responsibilities, andobligations within the development.




Copyright 2005 Maryland Association of REALTORS , Inc. For use by REALTOR members of the Maryland Association of REALTORS onlyExcept as negotiated by the parties to the Contract, this form may not be altered or modified in any form without the prior expressed written consent othe Maryland Association of REALTORS , Inc.



13/35

CONDOMINIUM RESALE NOTICE

to Contract of Sale dated:

Condominium Unit #

and Seller(s):

for Property known as:

between Buyer(s):

Building # , Section/Regime # , in

Condominium Association.

ADDENDUM / AMENDMENT # dated

Page 1 of 2 condo resale notice - 06/09

Buyer Seller

PART ONE

,

NOTICE: This notice applies where the condominium project contains seven (7) units or more. Seller (unitowner) is required by law to furnish to buyer(s) not later than fifteen (15) days prior to closing certaininformation concerning the condominium, which is described in Section 11-135 of the Maryland CondominiumAct (Real Property Article, Annotated Code of Maryland, Section 11-101 et. seq.). This information mustinclude the following:

1. A copy of the Declaration (condominium plat not required).2. A copy of the Bylaws.3. A copy of the Rules or Regulations of the Condominium.4. A certificate from the Council of Unit Owners which includes:

a) A statement disclosing the effect on the proposed conveyance of any right of first refusal or otherestraint on the free alienability of the unit, other than any restraint created by the unit owner;b) A statement of the amount of the monthly common expense assessment and any unpaid commonexpense or special assessment currently due and payable from the selling unit owner;c) A statement of any other fees payable by unit owners to the Council of Unit Owners;d) A statement of any capital expenditures approved by the Council of Unit Owners or its authorizeddesignee planned at the time of the conveyance which are not reflected in the current operating budgetincluded in the certificate;e) The most recent regularly prepared balance sheet and income expense statement, if any, of thecondominium;f) The current operating budget of the condominium, including details concerning the amount of thereserve fund for repair and replacement of its intended use, or a statement that there is no reserve fundg) A statement of any judgments against the condominium and the status of any pending suits to whichthe Council of Unit Owners is a party;h) A statement generally describing any insurance policies provided for the benefit of unit owners, anotice that the policies are available for inspection stating the location at which they are available, and anotice that the terms of the policy prevail over the general description;i) A statement as to whether the Council of Unit Owners Board has knowledge that any alteration orimprovement to the unit or to the limited common elements assigned thereto violates any provision ofthe Declaration, Bylaws or Rules or Regulations.

j) A statement as to whether the Council of Unit Owners Board has knowledge of any violation of the

health or building codes with respect to the unit, the limited common elements assigned thereto, or anyother portion of the condominium;k) A statement of the remaining term of any leasehold estate affecting the condominium and theprovisions governing any extension or renewal thereof;l) A description of any recreational or other facilities which are to be used by the unit owners ormaintained by them or the Council of Unit Owners, and a statement as to whether or not they are to bepart of the common elements.

4



14/35

Page 2 of 2 condo resale notice- 06/09

Condominium Resale Notice

5. A statement by the unit owner as to whether the unit owner has knowledge:a) That any alteration to the unit or to the limited common elements assigned to the unit violates anyprovision of the Declaration, Bylaws, or Rules and Regulations; andb) Of any violation of the health or building codes with respect to the unit or to the limited commonelements assigned to the unit.c) The unit is subject to an extended lease under Section 11-137 of the Maryland Condominium Act orunder local law and, if so, a copy of the lease must be provided.

6. A written notice of the unit owners responsibility for the Council of Unit Owners property insurancedeductible and the amount of the deductible.

PART TWO

NOTICE: This notice applies where the condominium project contains six (6) units or less. Seller is required bylaw to furnish to buyer(s) not later than fifteen (15) days prior to closing certain information concerning thecondominium, which is described in Section 11-135 of the Maryland Condominium Act. This information musinclude the following:

1. A copy of the Declaration (other than the plats);2. A copy of the Bylaws;3. A copy of the Rules or Regulations of the Condominium; and4. A statement by Seller of his expenses relating to the common elements during the preceding twelve (12)

months.5. A written notice of the unit owners responsibility for the Council of Unit Owners property insurancedeductible and the amount of the deductible.

The brokers and agents negotiating this sale assume and accept no responsibility for any representationsmade in any resale certificate provided in accordance with the Maryland Condominium Act, and by theexecution of this Contract of Sale, both Buyer and Seller agree to indemnify, defend, protect and hold harmlessthe brokers and agents negotiating this contract from any claim demand, suit, cause of action or matter or thingwhatsoever arising out of the issuance of any resale certificate.

This Addendum/Amendment is considered part of Contract of Sale and of equal force and effect as all otherterms and conditions which otherwise remain the same. This is a legally binding document. If not understoodseek competent legal advice.

BUYER MAY, AT ANY TIME WITHIN 7 DAYS FOLLOWING RECEIPT OF ALL THIS INFORMATIONRESCIND IN WRITING THE CONTRACT OF SALE, WITHOUT STATING A REASON AND WITHOUT ANYLIABILITY ON BUYERS PART. UPON RECISSION, BUYER IS ENTITLED TO THE RETURN OF ANYDEPOSIT MADE ON ACCOUNT OF THE CONTRACT. HOWEVER, ONCE THE SALE IS CLOSED, BUYERSRIGHT TO CANCEL THE CONTRACT IS TERMINATED.

Date DateBuyer Seller


Copyright 2009 Maryland Association of REALTORS , Inc. For use by REALTOR members of the Maryland Association of REALTORS onlyExcept as negotiated by the parties to the Contract, this form may not be altered or modified in any form without the prior expressed written consent ofthe Maryland Association of REALTORS , Inc.

cnrslntc



15/35

CONDOMINIUM RESALE DISCLOSURE AND TRANSMITTAL OF DOCUMENTSFROM SELLER AS UNIT OWNER

to Contract of Sale dated:

Condominium Unit #

and Seller(s):


between Buyer(s):

Building #

1. A copy of the Declaration (condominium plat not required).2. A copy of the Bylaws.3. A copy of the Rules or Regulations of the Condominium.4. A certificate from the Council of Unit Owners which includes the information required under Section 11-135(a)(4).5. The unit owner states:

a) I have _____, do not have _____ knowledge of any alteration to the unit or to the limited commonelements assigned to the unit violates any provision of the Declaration, Bylaws, or Rules andRegulations; orb) I have _____, do not have _____ knowledge of any violation of the health or building codes withrespect to the unit or to the limited common elements assigned to the unit; orc) I have _____, do not have _____ knowledge that the unit is subject to an extended lease undeSection 11-137 of this title or under local law. If so, a copy of the lease is be provided.



ADDENDUM / AMENDMENT # dated

PART ONE

NOTICE: This notice applies where the condominium project contains seven (7) units or more. Seller (UniOwner) is required by law to furnish to buyer(s) not later than fifteen (15) days prior to closing certaininformation concerning the condominium, which is described in Section 11-135 of the Maryland CondominiumAct (Real Property Article, Annotated Code of Maryland, Section 11-101 et. seq.) This information must include

the following, which is attached hereto and made a part hereof.

NOTICE: This notice applies where the condominium project contains six (6) units or less. Seller is requiredby law to furnish to buyer(s) not later than fifteen (15) days prior to closing certain information concerning thecondominium, which is described in Section 11-135 of the Maryland Condominium Act. This information musinclude the following:

1. A copy of the Declaration (other than the plats);

2. A copy of the Bylaws;3. A copy of the Rules or Regulations of the Condominium; and4. A statement by unit owner of his expenses relating to the common elements during the preceding twelve(12) months.5. A written notice of the unit owners responsibility for the Council of Unit Owners property insurancedeductible and the amount of the deductible.

PART TWO

Page 1 of 2 condo resale dsclsr/xmtl docs- 10/09

Seller

Section/Regime # , in

Buyer

5



16/35

Page 2 of 2 condo resale dsclsr/xmtl docs- 10/09

This Addendum/Amendment is considered part of Contract of Sale and of equal force and effect as all otherterms and conditions which otherwise remain the same. This is a legally binding document. If not understoodseek competent legal advice.

BUYER MAY, AT ANY TIME WITHIN 7 DAYS FOLLOWING RECEIPT OF ALL THIS INFORMATIONRESCIND IN WRITING THE CONTRACT OF SALE, WITHOUT STATING A REASON AND WITHOUT ANYLIABILITY ON BUYERS PART. UPON RECISSION, BUYER IS ENTITLED TO THE RETURN OF ANYDEPOSIT MADE ON ACCOUNT OF THE CONTRACT. HOWEVER, ONCE THE SALE IS CLOSED, BUYERSRIGHT TO CANCEL THIS CONTRACT IS TERMINATED.




cndrslxm

The brokers and agents negotiating this sale assume and accept no responsibility for any representationsmade in any resale certificate provided in accordance with the Maryland Condominium Act, and by theexecution of this Contract of Sale, both Buyer and Seller agree to indemnify, defend, protect and hold harmlessthe brokers and agents negotiating this contract from any claim demand, suit, cause of action or matter or thingwhatsoever arising out of the issuance of any resale certificate.

CONDOMINIUM RESALE DISCLOSURE AND TRANSMITTAL OF DOCUMENTS FROM SELLER AS UNIT OWNER



17/35

RESALE OF CONDOMINIUM UNIT ACKNOWLEDGMENTRECEIPT OF INFORMATION REQUIRED BY SECTION 11-135

OF THE MARYLAND CONDOMINIUM ACT

Contract dated:

Condominium Unit #

and Seller(s):


between Buyer(s):

Building # Parking Space # Section/Regime # , in


PART ONE

Buyer Seller

If Condominium project contains seven (7) units or more:

1. A copy of the Declaration (condominium plat not required).2. A copy of the Bylaws.3. A copy of the Rules or Regulations of the Condominium.4. A certificate from the Council of Unit Owners which includes:

a) A statement disclosing the effect on the proposed conveyance of any right of first refusal or otherestraint on the free alienability of the unit, other than any restraint created by the unit owner;b) A statement of the amount of the monthly common expense assessment and any unpaid commonexpense or special assessment currently due and payable from the selling unit owner;c) A statement of any other fees payable by unit owners to the Council of Unit Owners;d) A statement of any capital expenditures approved by the Council of Unit Owners or its authorizeddesignee planned at the time of the conveyance which are not reflected in the current operating budgetincluded in the certificate;

e) The most recent regularly prepared balance sheet and income expense statement, if any, of thecondominium;f) The current operating budget of the condominium, including details concerning the amount of thereserve fund for repair and replacement of its intended use, or a statement that there is no reserve fundg) A statement of any judgments against the condominium and the status of any pending suits to whichthe Council of Unit Owners is a party;h) A statement generally describing any insurance policies provided for the benefit of unit owners, anotice that the policies are available for inspection stating the location at which they are available, and anotice that the terms of the policy prevail over the general description;i) A statement as to whether the Council of Unit Owners' Board has knowledge that any alteration orimprovement to the unit or to the limited common elements assigned thereto violates any provision ofthe Declaration, Bylaws or Rules or Regulations;

j) A statement as to whether the Council of Unit Owners' Board has knowledge of any violation of the

health or building codes with respect to the unit, the limited common elements assigned thereto, or anyother portion of the condominium;k) A statement of the remaining term of any leasehold estate affecting the condominium and theprovisions governing any extension or renewal thereof;l) A description of any recreational or other facilities which are to be used by the unit owners ormaintained by them or the Council of Unit Owners, and a statement as to whether or not they are to bepart of the common elements.

BUYER ACKNOWLEDGES DELIVERY OF THE FOLLOWING ITEMS, NOT LATER THAN FIFTEEN (15)DAYS PRIOR TO CLOSING, AS REQUIRED BY SECTION 11-135 OF THE MARLAND CONDOMINIUM ACT(THE REAL PROPERTY ARTICLE, ANNOTATED CODE OF MARYLAND, SECTION 11-101 ET. SEQ.):

Page 1 of 2 condo resale acknwldgmt- 10/10Keller Williams Realty Baltimore - VladimirKats


18/35

Page 2 of 2 condo resale acknwldgmt- 10/10

Date

Resale Of Condominium Unit Acknowledgmen

PART TWO

If Condominium project contains six (6) units or less:1. A copy of the Declaration (other than the plats);2. A copy of the Bylaws;3. A copy of the Rules or Regulations of the Condominium; and4. A statement by Seller of his expenses relating to the common elements during the preceding twelve (12)months.5. A written notice of the unit owners responsibility for the Council of Unit Owners property insurance

deductible and the amount of the deductible.

BUYER MAY, AT ANY TIME WITHIN 7 DAYS FOLLOWING RECEIPT OF ALL THIS INFORMATIONRESCIND IN WRITING THE CONTRACT OF SALE, WITHOUT STATING A REASON AND WITHOUT ANYLIABILITY ON BUYERS' PART. UPON RECISSION, BUYER IS ENTITLED TO THE RETURN OF ANYDEPOSIT MADE ON ACCOUNT OF THE CONTRACT. HOWEVER, ONCE THE SALE IS CLOSED, BUYER'SRIGHT TO CANCEL THIS CONTRACT IS TERMINATED.

DateBuyer Buyer


cndrack

5. A statement by the Seller ("unit owner") as to whether the unit owner has knowledge:a) That any alteration to the unit or to the limited common elements assigned to the unit violates anyprovision of the Declaration, Bylaws, or Rules and Regulations; andb) Of any violation of the health or building codes with respect to the unit or to the limited commonelements assigned to the unit.c) That the unit is subject to an extended lease under Section 11-137 of the Maryland Condominium Actor under local law and, if so, a copy of the lease must be provided.




19/35

MARYLAND RESIDENTIAL PROPERTY DISCLOSURE AND DISCLAIMER STATEMENT

Property Address:

Legal Description:

MARYLAND RESIDENTIAL PROPERTY DISCLOSURE STATEMENT

Section 10-702 of the Real Property Article,Annotated Code of Maryland, requires the owner of certain residential real property to

furnish to the purchaser either (a) a RESIDENTIAL PROPERTY DISCLAIMER STATEMENT stating that the owner is selling the

property "as is" and makes no representations or warranties as to the condition of the property or any improvements on the rea

property, except as otherwise provided in the contract of sale, or in a listing of latent defects; or (b) a RESIDENTIAL PROPERTY

DISCLOSURE STATEMENT disclosing defects or other information about the condition of the real property actually known by the

owner. Certain transfers of residential property are excluded from this requirement (see the exemptions listed below).

10-702. EXEMPTIONS. - The following are specifically excluded from the provisions of 10-702:

1. The initial sale of single family residential real property:

A. that has never been occupied; or

B. for which a certificate of occupancy has been issued within 1 year before the seller and buyer

enter into a contract of sale;

2. A transfer that is exempt from the transfer tax under 13-207 of the Tax-Property Article, except land installment contracts

of sale under 13-207(11) of the Tax Property Article and options to purchase real property under 13-207(a)(12) of the

Tax-Property Article;

3. A sale by a lender, or an affiliate or subsidiary of a lender, that acquired the real property by foreclosure or deed in lieu of

foreclosure;

4. A sheriff's sale, tax sale, or sale by foreclosure, partition, or by court appointed trustee;

5. A transfer by a fiduciary in the course of the administration of a decedent's estate, guardianship, conservatorship, or trust;6. A transfer of single family residential real property to be converted by the buyer into use other than residential use or to be

demolished; or

7. A sale of unimproved real property.

NOTICE TO OWNERS: Complete and sign this statement only if you elect to disclose defects, including latent defects, or othe

information about the condition of the property actually known by you; otherwise, sign the Residential Property Disclaimer

Statement. You may wish to obtain professional advice or inspections of the property; however, you are not required to undertake o

provide any independent investigation or inspection of the property in order to make the disclosure set forth below. The disclosure is

based on your personal knowledge of the condition of the property at the time of the signing of this statement.

NOTICE TO PURCHASERS: The information provided is the representation of the Owners and is based upon the actual knowledge

of Owners as of the date noted. Disclosure by the Owners is not a substitute for an inspection by an independent home inspection

company, and you may wish to obtain such an inspection. The information contained in this statement is not a warranty by the

Owners as to the condition of the property of which the Owners have no knowledge or other conditions of which the Owners have no

actual knowledge.

How long have you owned the property?

NOTICE TO SELLER AND PURCHASER

Property System:

Water Supply

Sewage Disposal

Garbage Disposal

Dishwasher

Heating

Air Conditioning

Hot Water

Water, Sewage, Heating & Air Conditioning (Answer all that apply)

Natural Gas

Other

Oil

Natural Gas

Public Well

Public Septic System approved for (# bedrooms)

NoYes

Oil

Oil Natural Gas

Electric Capacity

OtherElectric Heat Pump Age

Electric Heat Pump Age

Yes No

PAGE 1 OF 4 Maryland Res. Property Disclosure/Disclaimer

Other

OtherAge

Section 10-702 also requires the owner to disclose information about latent defects in the property that the owner has actual

knowledge of. The owner must provide this information even if selling the property "as is." "Latent defects" are defined as:

Material defects in real property or an improvement to real property that:

(1) A purchaser would not reasonably be expected to ascertain or observe by a careful visual inspection of the real property; and

(2) Would pose a direct threat to the health or safety of:

(i) the purchaser; or

(ii) an occupant of the real property, including a tenant or invitee of the purchaser.



20/35

Comments:

Comments:

UnknownYes

6. Heating Systems: Is heat supplied to all finished rooms?

No

Comments:

UnknownYes No

Comments:

Unknown

7. Air Conditioning System: Is cooling supplied to all finished rooms? Does Not Apply

Comments:

Does Not Apply

Yes

Is the system in operating condition?

No

Comments:

UnknownYes

Will the smoke detectors provide an alarm in the event of a power outage?

No

UnknownYes

9. Septic Systems: Is the septic system functioning properly?

No

Comments:Unknown

Does Not Apply

When was the system last pumped? Date

Comments:

UnknownYes10. Water Supply: Any problem with water supply? No

Comments:

UnknownYesHome Water Treatment System No

Comments:

UnknownYesFire Sprinkler System No

Comments:UnknownYesAre the systems in operating condition? No

Yes No

Is the system in operating condition?

Does Not Apply

Unknown

Does Not Apply

Yes No

Comments:

UnknownYes

4. Other Structural Systems, including exterior walls and floors:

5. Plumbing System: Is the system in operating condition?

Any defects (structural or otherwise)? No


8. Electric Systems: Are there any problems with electrical fuses, circuit breakers, outlets or wiring?

Yes No Unknown

In any other areas?

Unknown

In exterior walls? UnknownYes

11. Insulation

No

Where:Yes

In ceiling/attic?

No

Comments:

Yes No

Is there any existing fire retardant treated plywood?

3. Roof: Any leaks or evidence of moisture?

Unknown

Unknown

Yes

No

No

Please indicate your actual knowledge with respect to the following:

Type of Roof:

Comments:

UnknownYes No

Unknown

Age:

1. Foundation: Any settlement or other problems:

Comments:

2. Basement: Any leaks or evidence of moisture?

Yes

Yes No

Does Not Apply

Comments:

Comments:

Comments:

Property.



21/35

Comments:

Comments:

Any treatments or repairs?

Yes13. Wood-destroying insects: Any infestation and/or prior damage: No

Comments:

Any warranties?

UnknownYes

14. Are there any hazardous or regulated materials (including, but not limited to licensed landfills, asbestos, radon gas, lead-basedpaint, underground storage tanks, or other contamination) on the property?

No

Unknown

UnknownYes No

Yes No

If yes, specify below.

Unknown

UnknownYes No

Comments:

If yes, specify below

16. Are there any zoning violations, nonconforming uses, violation of building restrictions or setback requirements or any recordedor unrecorded easement, except for utilities, on or affecting the property?

If yes, specify below

UnknownYes

UnknownYes No

If yes, specify below.

Comments:

No

UnknownYes

Comments:

No17. Is the property located in a flood zone, conservation area, wetland area, Chesapeake Bay critical area or Designated Historic

District?

19. Are there any other materials defects including latent defects, affecting the physical condition of the property?

Comments:

18. Is the property subject to any restriction imposed by a Home Owners Association or any other type of community association?


NOTE: Owner(s) may wish to disclose the condition of other buildings on the property on a separate RESIDENTIALPROPERTY DISCLOSURE STATEMENT.

The owner(s) acknowledge having carefully examined this statement, including any comments, and verify that it iscomplete and accurate as of the date signed. The owner(s) further acknowledge that they have been informed of theirrights and obligations under 10-702 of the Maryland Real Property Article.

The purchaser(s) acknowledge receipt of a copy of this disclosure statement and further acknowledge that they have beeninformed of their rights and obligations under 10-702 of the Maryland Real Property Article.

Owner Date

Owner Date

Are gutters and downspouts in good repair?

12. Exterior Drainage: Does water stand on the property for more than 24 hours after a heavy rain?

Comments:

UnknownYes No

Comments:

UnknownYes No

Purchaser Date

Purchaser Date

15. If the property relies on the combustion of a fossil fuel for heat, ventilation, hot water, or clothes dryer operation, is a carbonmonoxide alarm installed in the property? UnknownYes No

Comments:

Property.



22/35

10/01/07 MREC_DSC


Purchaser Date

Purchaser Date

The purchaser(s) acknowledge receipt of a copy of this disclaimer statement and further acknowledge that theyhave been informed of their rights and obligations under 10-702 of the Maryland Real Property Article.

MARYLAND RESIDENTIAL PROPERTY DISCLAIMER STATEMENT

NOTICE TO OWNER(S): Sign this statement only if you elect to sell the property without representations andwarranties as to its condition, except as otherwise provided in the contract of sale and in the listing of latentdefects set forth below; otherwise, complete and sign the RESIDENTIAL PROPERTY DISCLOSURESTATEMENT.

Except for the latent defects listed below, the undersigned owner(s) of the real property make no

representations or warranties as to the condition of the real property or any improvements thereon, and thepurchaser will be receiving the real property "as is" with all defects, including latent defects, which may exist,except as otherwise provided in the real estate contract of sale. The owner(s) acknowledge having carefullyexamined this statement and further acknowledge that they have been informed of their rights and obligationsunder 10-702 of the Maryland Real Property Article.

The owner(s) has actual knowledge of the following latent defects:

Owner Date

Owner Date

Property.



23/35

C. SELLER ACKNOWLEDGES RECEIPT OF THE FOLLOWING INFORMATION FROM BROKER

Seller represents and warrants to broker(s), broker(s)' agents and subagents, intending that they rely upon such warranty andrepresentation, that(Please initial the appropriate space)

the Property was built during or after 1978,the Federal Program does not apply to the Property, skip Section C,below

the Property was built before 1978 (the Federal Program applies to the Property)

Seller is uncertain as to date classification, therefore, Seller acknowledges that, for the purposes of the salecontemplated by this listing contract, the Property will be treated as though it had been constructed prior to 1978Seller acknowledges that the Property is subject to Federal law as to the presence of lead-based paint and/olead-based paint hazards.

EPA Brochure: "EPA and HUD Real Estate Notification and Disclosure Rule"EPA Brochure: "Protect Your Family From Lead In Your Home"

A. APPLICABLE LAW

TO LISTING CONTRACT DATED

LEAD-BASED PAINT ADDENDUM TO RESIDENTIAL SALE LISTING CONTRACT

Title X, Section 10108, The Residential Lead-Based Paint Hazard Reduction Act of 1992 (the Federal Program) requires the disclosureof certain information regarding lead-based paint and lead-based paint hazards in connection with the sale of residential real property.Unless otherwise exempt, the Federal Program applies only to housing constructed prior to 1978. A seller of pre-1978 housing isrequired to disclose to the buyer, based upon the seller's actual knowledge, all known lead-based paint hazards in the property andprovide buyer with any available reports in the seller's possession relating to lead-based paint or lead-based paint hazards applicable tothe property. The seller, however, is not required to conduct or pay for any lead-based paint risk assessment or inspection. At the timethat the offer to purchase is entered into by the buyer, the seller is required to provide the buyer with the EPA pamphlet entitled "ProtecYour Family From Lead In Your Home" and a disclosure of information on lead-based paint and lead-based paint hazards in theproperty.

Under the Federal Program, the seller is required to provide the buyer with a ten-day time period (or other mutually agreeable timeperiod) for the buyer, at buyer's expense, to conduct a risk assessment or inspection for the presence of lead-based paint and/olead-based paint hazards unless the buyer waives such assessment or inspection by indicating such wavier on the lead-based paintdisclosure form. Seller(s) and any agent involved in the transaction are required to retain a copy of the completed lead-based paindisclosure form for a period of three (3) years following the date of settlement.

A SELLER OR AGENT WHO FAILS TO PROVIDE THE REQUIRED LEAD-BASED PAINT DISCLOSURES AND EPA PAMPHLETMAY BE LIABLE UNDER THE FEDERAL PROGRAM FOR THREE TIMES THE AMOUNT OF DAMAGES AND MAY BE SUBJECTTO BOTH CIVIL AND CRIMINAL PENALTIES.

ADDENDUM NUMBER

PROPERTY:

SELLER(S):

B. REPRESENTATION OF SELLER

ADDENDUM DATE

Please check in box below if Property is being sold as a rental property

Form LEADLIST (4/00)

This form has been prepared for the sole use of the following Boards/Associations of REALTORS and their members. Each Board/Association, including its members andemployees, assumes no responsibility if this form fails to protect the interests of any party. Each party should secure its own legal, tax, and financial or other advice.

2000 The Greater Baltimore Board of Realtors, Inc.

Date

Date

The Greater Baltimore Board of REALTORS, Inc.

Carroll County Association of REALTORS, Inc.

DateAgent:

SALE OF RENTAL PROPERTY

Seller

Seller

If the property being sold is a rental property built prior to 1979, Seller acknowledges that the property may also be subject to theMaryland Lead Poisoning Prevention Program (the Maryland Program) and agrees to provide buyers with all applicable disclosuresrequired under the Maryland Program.

Seller of pre-79 rental property acknowledges receipt of the following information from broker:

MDE Brochure: "Lead Poisoning Prevention Program - Summary"MDE Brochure: "Notice of Tenant's Rights"

BROKER: SELLER(S):

Harford County Association of REALTORS, Inc.

Howard County Association of REALTORS, Inc.

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(b)Records and reports available to the seller (initial (i) or (ii) below):(i) ____/____ Seller/Landlord has provided the purchaser/tenant with all available records and reports pertaining to lead-based

paint and/or lead-based paint hazards in the housing (list documents below).

(ii) ____/____ Seller/Landlord has no reports pertaining to lead-based paint and/or lead-based paint hazards in the housing.

Buyer's/Tenant's Acknowledgment (Initial)(c) ____/____ Buyer/Tenant has received copies of all information listed in section (b)(i) above, if any.

(d) ____/____ Buyer/Tenant has received the pamphletProtect Your Family from Lead in Your Home

(e) Buyer has [initial (i) or (ii) below]:(i) ____/____ received a 10-day opportunity (or mutually agreed upon period) to conduct a risk assessment or inspection for

the presence of lead-based paint and/or lead-based paint hazards; or

(ii) ____/____ waived the opportunity to conduct a risk assessment or inspection for the presence of lead-based paint and/or

lead-based paint hazards.

Agent's Acknowledgment (initial)(f) ______ Agent has informed the seller of the Seller's/Landlord's obligations under 42 U.S.C. 4852d and is aware of his/her

responsibility to ensure compliance.

Certification of AccuracyThe following parties have reviewed the information above and certify, to the best of their knowledge, that the information they haveprovided is true and accurate.

Seller/Landlord Date Buyer/Tenant Date

Seller/Landlord Date Buyer/Tenant Date

Seller's/Landlord's Agent Date Buyers/Tenants Agent Date

DISCLOSURE OF INFORMATION ON LEAD-BASED PAINT AND/OR LEAD-BASED PAINT HAZARD

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Property Address:

SELLER REPRESENTS AND WARRANTS, INTENDING THAT SUCH BE RELIED UPON REGARDING THE ABOVE PROPERTY, THA(SELLER TO INITIAL APPLICABLE LINE): ______/_____ housing was constructed prior to 1978 OR______/_____ date of constructionis uncertain.

FEDERAL LEAD WARNING STATEMENT: A buyer/tenant of any interest in residential real property on which a residential dwelling wasbuilt prior to 1978 is notified that such property may contain lead-based paint and that exposure to lead from lead-based paint, paint chipsor lead paint dust may place young children at risk of developing lead poisoning if not managed properly. Lead poisoning in young childre

may produce permanent neurological damage, including learning disabilities, reduced intelligence quotient, behavioral problems, andimpaired memory. Lead poisoning also poses a particular risk to pregnant women. The seller/landlord of any interest in residential realproperty is required to disclose to the buyer/tenant the presence of known lead-base paint hazards and to provide the buyer/tenant with ainformation on lead-based paint hazards from risk assessments or inspections in the seller's/landlords possession. A tenant must receivefederally approved pamphlet on lead poisoning prevention. It is recommended that a buyer conduct a risk assessment or inspection forpossible lead-based paint hazards prior to purchase.

Copyright 2010 Maryland Association of REALTORS, Inc. For use by REALTOR members of the Maryland Association of REALTORS only. Exceptas negotiated by the parties to the Contract, this form may not be altered or modified in any form without the prior expressed written consent of theMaryland Association of REALTORS, Inc.

Seller's/Landlord's Disclosure(a) Presence of lead-based paint and/or lead-based paint hazards (initial (i) or (ii) below):

(i) ____/____ Known lead-based paint and/or lead-based paint hazards are present in the housing (explain):

(ii) ____/____ Seller/Landlord has no knowledge of lead-based paint and/or lead-based paint hazards in the housing.

lead_s


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ADDENDUM #between Owner(s)

and Broker

for Property known as

dated

1. ACKNOWLEDGMENT OF SHORT SALE:Owner acknowledges that the amount of money necessary topay in full all loans, debts and obligations secured by lien(s) on the Property, including mortgage(s); deed(s) otrust; line(s) of credit; unpaid property tax; IRS or State tax liens; judgments; Brokers Fee; and other customaryand necessary costs of sale (collectively Loans/Liens) may exceed the current market value of the Property.Owner is aware of Owners options, including, but not limited to, 1) negotiating with secured lender(s) ocreditor(s) (Lender) to accept payment in full the proceeds from the sale of the Property, less closing costs andmonies owed to Lender (Short Sale); 2) negotiating a modification of existing Loans/Liens, including a reductionof the current rate of interest or extension of time to re-pay; 3) refinancing; 4) bankruptcy; 5) foreclosure; or 6)deed-in-lieu of foreclosure. Owner has elected to seek a Short Sale of the Property. If Lender agrees to a ShorSale, the loan debt may not be forgiven entirely. In such event Owner may be required to pay the difference as apersonal obligation and Lender may obtain a judgment against Owner in any legal proceeding to collect thedifference. If the Loans/Liens is/are insured by FHA or guaranteed by VA, Owner may be required to pay the

difference.

2. SHORT SALE LENDER APPROVAL:In order to sell the Property as a Short Sale, Owner acknowledgesthat any contract for the sale of the Property shall be contingent upon the written approval of Lender within aspecified time period as negotiated between Owner and any purchaser of the Property. Owner agrees to includea written Third Party Approval Contingency addendum in any contract offer that Owner accepts.

3. REQUIREMENTS OF LENDER: Owner acknowledges that a Short Sale is subject to Lender approval.Lender is not obligated to accept a Short Sale. Lender may impose conditions prior to consideration or approvalof a Short Sale, such as obtaining a new appraisal, or requiring Owner to demonstrate hardship or provide copiesof tax returns, pay stubs, assets, or other financial information. Lender may inform the IRS or credit reportingcompanies of the payment shortage. Broker has no control over Lenders decisions. Owner agrees to indemnifyBroker and to hold Broker harmless for acts or omissions of Lender. The exact requirements of Lender may vary

on a case-by-case basis.

4. COOPERATION BY OWNER:Owner acknowledges that time is critical in a Short Sale. Owner agrees todiligently and in good faith cooperate fully and in a timely manner and to promptly provide any and all information,documents, statements, or other written evidence as may be required or requested by Lender or Broker. Suchinformation, document(s), statement(s), or other written evidence may include, but not be limited to, W-2 forms,bank statements, federal and state tax returns, profit and loss statements (if self-employed), financial informationdisclosing income, assets and debts, and a letter from Owner stating the reasons for hardship to explain whyOwner is unable to pay the balance owed and the reason why the Lender should consider the Owners request toapprove a Short Sale. Owner acknowledges that Lenders approval of a Short Sale may take weeks or months toobtain, if approved at all, and that Owners request for Lender approval of a Short Sale does not preclude Lenderfrom initiating or consummating foreclosure proceedings. Broker, in Brokers sole and absolute discretion, shalhave the right to cancel the Listing Agreement in the event Owner shall fail to cooperate with Lender or Broker by

not providing all information, documents, statements or other written evidence as required or requested, includingthe failure of Owner to respond timely to verbal or written communications from Broker.

5. AUTHORIZATION TO COMMUNICATE WITH LENDER: Owner hereby irrevocably and unconditionallyauthorizes Broker to contact and communicate (NOT NEGOTIATE) with Lender throughout the term of the ListingAgreement concerning the application by Owner for a Short Sale, the status of Lenders approval, and theLenders approval of the Short Sale. Owner agrees to promptly execute any written authorization as required byLender to permit Broker to discuss with Lender on behalf of Owner, on a continuous basis, during the term of theListing Agreement, any and all issues relating, directly or indirectly, to the Short Sale.

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SHORT SALE ADDENDUMTO EXCLUSIVE RIGHT TO SELL

RESIDENTIAL BROKERAGE AGREEMENT

to Exclusive Right to Sell Brokerage Agreement dated8




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Owner

6. BROKER AUTHORITY: Owner authorizes Broker to disclose to Lender, prospective purchasers andcooperating brokers, whether acting on behalf of Owner or prospective purchasers (Cooperating Brokers), thatthe sale of the Property is a Short Sale and subject to Lender approval. Owner further authorizes Broker to adviseCooperating Broker(s) that Broker may seek to reduce, on a pro-rata basis, the amount of compensation made byBroker through the Multiple Listing Service in the event Lender requires that Broker reduce the Brokers Fee to bepaid by Owner, as a condition of the Lenders approval of the Short Sale. The authority as granted by Owner toBroker shall include information through the Multiple Listing Service, advertising, and any contract of sale.

7. TAX CONSEQUENCES: Owner acknowledges that if Lender agrees to accept less than full payment, the

difference may result in taxable income to Owner even though Owner does not receive any cash proceeds fromthe sale. Owner may also be taxed on the gain in value of the Property from the date of Owners purchase to thedate of sale, regardless of the amount of any existing Loans/Liens. Owner acknowledges that Owner shall solelyand exclusively rely upon the advice of Owners accountant or attorney as to any and all tax consequences toOwner as a result of the sale of the Property. Owner warrants and represents that Owner has not and shall norely or act upon any advice by Broker as to any and all tax consequences arising out of the sale of the Property.

8. CREDIT CONSEQUENCES: Owner acknowledges that a Short Sale may have a negative impact onOwners credit rating even if a foreclosure process has not formally begun or once begun is not completed.

9. TAX, CREDIT AND LEGAL ADVICE: Broker has advised Owner to consult with legal, credit and taxcounsel, prior to the execution of this Listing Agreement regarding the decision of Owner to seek a Short SaleOwner further acknowledges that Owner is aware that Broker is not an attorney, credit counselor or accountant.

10. LIMITATIONS AND INDEMNIFICATION OF BROKER:Owner acknowledges that Broker will facilitate theShort Sale solely by communications between Owner and Lender. Broker shall have no authority to negotiate theterms and conditions of the Short Sale on behalf of Owner. All matters requiring action or decision by Owner shallbe communicated to Owner by Broker for approval by Owner. Owner or Owners legal or accountingrepresentative is solely and exclusively responsible for direct negotiations with the Lender as to the debt owed.Owner agrees to indemnify and hold harmless Broker, Brokers agents, officers, principal

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