CondominiumSellerDisclosure/ResaleAddendumforMaryland

Transcription

DocuSign Envelope ID: 4A1A-AE01-E69CBD6A5DDFCondominium Seller Disclosure/Resale Addendum for Maryland(Required for the Listing Agreement and for either the GCAAR Contractor the Maryland REALTORS Contract)AddressChevy ChaseCityStorage Unit(s) #4803 Wellington Dr Apt 3MD20815-6263, StateZipThe WellingtonSubdivision/Project:Parking Space(s) #PART I - SELLER DISCLOSURE:1.CURRENT FEES AND ASSESSMENTS: Fees and assessments as of the date hereof amount respectively to:A. HOA Fee: Potential Buyers are hereby advised that the present condominium fee for the subject unit and parkingMonthspace or storage unit, if applicable, is 315.37per.B. Special Assessments: X NoYes (If yes, complete 1-4 below.)1) Reason for Assessment:2) Payment Schedule: per3) Number of payments remainingas of4) Total Special Assessment balance remaining: (Date)C. Fee Includes: The following are included in the Condominium Fee:None X Water X Sewer X Heat Electricity Gas Other2.PARKING AND STORAGE: Parking Space(s) and Storage Unit(s) may be designated by the Association Documents as:1) General Common Elements for general use (possibly subject to a lease or license agreement), 2) Limited Common Elementsassigned for the exclusive use of a particular Condominium Unit, or 3) Conveyed by Deed and separately taxed. The followingParking and/or Storage Units convey with this property:X Parking Space #(s) 11LotBlockand Tax ID #, Lotis X is not separately taxed. If separately taxed,Blockand Tax ID #Storage Units #(s)LotBlockand Tax ID #, Lotisis not separately taxed. If separately taxed,Blockand Tax ID #3.MANAGEMENT AGENT OR AUTHORIZED PERSON: The management agent or person authorized by theCondominium to provide information to the public regarding the Condominium and the Development is as follows:Name: Arbaris RealtyPhone: (301)468-8919Address: 7811 Montrose Rd Suite 110, Potomac, MD 208544.UNIT OWNER'S STATEMENT:For a condominium containing seven (7) or more units:Pursuant to Section 11-135(a) of the Maryland Condominium Act, the undersigned unit owner(s)/Seller(s) make(s) thefollowing statements:A. I/We have no knowledge that any alteration to the described unit or to the limited common elements, if any, assigned tothe unit violates any provision of the Declaration, Bylaws, or Rules and/or Regulations of the condominium except as follows:NONEB. I/We have no knowledge of any violation of the health or building codes with respect to the unit or the limited commonelements assigned to the unit except as follows: NONEC. I/We have no knowledge that the unit is subject to an extended lease under Section 11-137 of the MarylandCondominium Actor under local law except as follows: NA(An extended lease under Section 11-137 is a lease for up to three (3) years which was entered into with a qualified householdcontaining either a senior citizen or a handicapped citizen when the rental property was converted to a condominium.) 2020 The Greater Capital Area Association of REALTORS , Inc.This Recommended Form is the property of the Greater Capital Area Association of REALTORS , Inc. and is for use by members only.Previous editions of this Form should be destroyed.GCAAR Form #922 - MD Condo AddendumPage 1 of 42/2020(Formerly #1328)RE/MAX, 3300 Olney-Sandy Spring Rd Olney MD 20832Phone: (301)785-9075Robert KerxtonProduced with zipForm by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www.zipLogix.comFax: 30177483024803 Wellington Dr

DocuSign Envelope ID: 4A1A-AE01-E69CBD6A5DDF-OR For a condominium containing fewer than seven (7) units:Pursuant to Section 11-135(b) of the Maryland Condominium Act, the undersigned unit owner(s)/Seller(s) make(s) thefollowing statements:I/We have incurred as my/our expenses during the preceding twelve (12) monthsrelating to the common elements. (Total payments made to or on behalf of Condominium Association.)5.NOTICE (APPLIESONLY TO A CONDOMINIUM WITH 7OR MORE UNITS) (CONDO DOCUMENTS):The following notice is applicable only to the resale by a unit owner, other than a developer, of a residential unit in acondominium containing 7 or more units.THE SELLER IS REQUIRED BY LAW TO FURNISH TO THE BUYER NOT LATER THAN FIFTEEN (15) DAYS PRIORTO CLOSING THE CERTAIN INFORMATION CONCERNING THE CONDOMINIUM WHICH IS DESCRIBED 1N §11135 OF THE MARYLAND CONDOMINIUM ACT. THIS INFORMATION MUST INCLUDE AT LEAST THE FOLLOWING:(I)(II)(III)(IV)1.A COPY OF THE DECLARATION (OTHER THAN THE PLATS);A COPY OF THE BY-LAWS;A COPY OF THE RULES AND REGULATIONS OF THE CONDOMINIUM;A CERTIFICATE CONTAINING;A STATEMENT DISCLOSING THE EFFECT ON THE PROPOSED CONVEYANCE OF ANY RIGHT OF FIRSTREFUSAL OR OTHER RESTRAINT ON THE FREE ALIENABILITY OF THE UNIT, OTHER THAN ANYRESTRAINT CREATED BY THE UNIT OWNER;2. A STATEMENT OF THE AMOUNT OF THE MONTHLY COMMON EXPENSE ASSESSMENT AND ANYUNPAID COMMON EXPENSE OR SPECIAL ASSESSMENT CURRENTLY DUE AND PAYABLE FROM THESELLING UNIT OWNER;3. A STATEMENT OF ANY OTHER FEES PAYABLE BY THE UNIT OWNER TO THE COUNCIL OF UNITOWNERS;4. A STATEMENT OF ANY CAPITAL EXPENDITURES APPROVED BY THE COUNCIL OF UNIT OWNERSOR ITS AUTHORIZED DESIGNEE PLANNED AT THE TIME OF CONVEYANCE WHICH ARE NOT REFLECTEDIN THE CURRENT OPERATING BUDGET INCLUDED IN THE CERTIFICATE;5. THE MOST RECENTLY PREPARED BALANCE SHEET AND INCOME AND EXPENSE STATEMENT, IFANY, OF THE CONDOMINIUM;6. THE CURRENT OPERATING BUDGET OF THE CONDOMINIUM, INCLUDING DETAILS CONCERNINGTHE AMOUNT OF THE RESERVE FUND FOR REPAIR AND REPLACEMENT AND ITS INTENDEDUSE, OR A STATEMENT THAT THERE IS NO RESERVE FUND;7. A STATEMENT OF ANY JUDGMENTS AGAINST THE CONDOMINIUM AND THE EXISTENCE OFANY PENDING SUITS TO WHICH THE COUNCIL OF UNIT OWNERS IS A PARTY;8. A STATEMENT GENERALLY DESCRIBING INSURANCE POLICIES PROVIDED FOR THE BENEFIT OFTHE UNIT OWNERS; A NOTICE THAT THE POLICIES ARE AVAILABLE FOR INSPECTION STATING THELOCATION AT WHICH THEY ARE AVAILABLE, AND A NOTICE THAT THE TERMS OF THE POLICYPREVAIL OVER THE GENERAL DESCRIPTION;9. A STATEMENT AS TO WHETHER THE COUNCIL OF UNIT OWNERS HAS KNOWLEDGE THAT ANYALTERATION OR IMPROVEMENT TO THE UNIT OR TO THE LIMITED COMMON ELEMENTS ASSIGNEDTO THE UNIT VIOLATES ANY PROVISION OF THE DECLARATION, BY-LAWS, OR RULES ORREGULATIONS;10. A STATEMENT AS TO WHETHER THE COUNCIL OF UNIT OWNERS HAS KNOWLEDGE OF ANYVIOLATION OF THE HEALTH OR BUILDING CODES WITH RESPECT TO THE UNIT, THE LIMITEDCOMMON ELEMENTS ASSIGNED TO THE UNIT, OR ANY OTHER PORTION OF THE CONDOMINIUM;11. A STATEMENT OF THE REMAINING TERM OF ANY LEASEHOLD ESTATE AFFECTING THECONDOMINIUM AND THE PROVISIONS GOVERNING ANY EXTENSION OR RENEWAL OF IT; AND12. A DESCRIPTION OF ANY RECREATIONAL OR OTHER FACILITIES WHICH ARE TO BE USED BY THEUNIT OWNERS OR MAINTAINED BY THEM OR THE COUNCIL OF UNIT OWNERS, AND A STATEMENTAS TO WHETHER OR NOT THEY ARE TO BE A PART OF THE COMMON ELEMENTS; AND 2020 The Greater Capital Area Association of REALTORS , Inc.This Recommended Form is the property of the Greater Capital Area Association of REALTORS , Inc. and is for use by members only.Previous editions of this Form should be destroyed.GCAAR Form #922 - MD Condo AddendumPage 2 of 42/2020(Formerly #1328)Produced with zipForm by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026www.zipLogix.com4803 Wellington

DocuSign Envelope ID: 4A1A-AE01-E69CBD6A5DDF(V)1.2.3.(VI)6.STATEMENT BY THE UNIT OWNER AS TO WHETHER THE UNIT OWNER HAS KNOWLEDGE:THAT ANY ALTERATION TO THE UNIT OR TO THE LIMITED COMMON ELEMENTS ASSIGNED TOTHE UNIT VIOLATES ANY PROVISION OF THE DECLARATION, BY-LAWS, OR RULES AND REGULATIONS;OF ANY VIOLATION OF THE HEALTH OR BUILDING CODES WITH RESPECT TO THE UNIT OR THELIMITED COMMON ELEMENTS ASSIGNED TO THE UNIT;THAT THE UNIT IS SUBJECT TO AN EXTENDED LEASE UNDER § 11-137 OF THIS TITLE OR UNDERLOCAL LAW, AND IF SO, A COPY OF THE LEASE MUST BE PROVIDED.A WRITTEN NOTICE OF THE UNIT OWNER'S RESPONSIBILITY FOR THE COUNCIL OF UNITOWNERS' PROPERTY INSURANCE DEDUCTIBLE AND THE AMOUNT OF THE DEDUCTIBLE.NOTICE (APPLIES ONLY TO A CONDOMINIUM WITH FEWER THAN 7 UNITS) (CONDO DOCUMENTS):The following notice is applicable only to the resale by a unit owner, other than a developer, of a residential unit in acondominium containing less than 7 units.THE SELLER IS REQUIRED BY LAW TO FURNISH TO THE BUYER NOT LATER THAN FIFTEEN (15) DAYSPRIOR TO CLOSING CERTAIN INFORMATION CONCERNING THE CONDOMINIUM WHICH IS DESCRIBED IN§11-135 OF THE MARYLAND CONDOMINIUM ACT. THIS INFORMATION MUST INCLUDE ATLEAST THEFOLLOWING:(1) A COPY OF THE DECLARATION (OTHER THAN THE PLATS );(2) A COPY OF THE BY-LAWS;(3) A COPY OF THE RULES AND REGULATIONS OF THE CONDOMINIUM; AND(4) A STATEMENT BY THE SELLER OF HIS EXPENSES RELATING TO THE COMMON ELEMENTS DURINGTHE PRECEDING 12 MONTHS;(5) A WRITTEN NOTICE OF THE UNIT OWNER'S RESPONSIBILITY FOR THE COUNCIL OF UNIT OWNERS'PROPERTY INSURANCE DEDUCTIBLE AND THE AMOUNT OF THE DEDUCTIBLE.10/21/2020SellerCourtney W LaymanDateSellerDatePART II - RESALE ADDENDUMThe Contract of Sale dated, between Seller Courtney W Layman,and Buyeris hereby amended by the incorporation of Parts I and II herein, which shallsupersede any provisions to the contrary in the Contract.1.DEED AND TITLE/TITLE: Paragraph is amended to include the agreement of the Buyer to take title subject to commonlyacceptable easements, covenants, conditions and restrictions of record contained in Condominium instruments, and the rightof other Unit owners in the Common Elements and the operation of the Condominium.2.PAYMENT OF FEES AND ASSESSMENTS: Buyer agrees to pay such Monthly Fees and/or other Special Assessments asthe Board of Directors or Association of the Condominium may from time to time assess against the Unit, Parking Space andStorage Unit (as applicable) for the payment of operating and maintenance or other proper charges. Regarding any existing orlevied but not yet collected Special Assessments, Seller agrees to pay, at the time of Settlement, any Special Assessments asdisclosed in the Current Fees and Assessments Paragraph unless otherwise agreed herein:.3.ASSUMPTION OF CONDOMINIUM OBLIGATIONS: Buyer hereby agrees to assume each and every obligation of, tobe bound by and to comply with the covenants and conditions contained in the Condominium instruments including theCondominium Bylaws and with the Rules and Regulations of the Condominium, from and after the date of settlementhereunder. 2020 The Greater Capital Area Association of REALTORS , Inc.This Recommended Form is the property of the Greater Capital Area Association of REALTORS , Inc. and is for use by members only.Previous editions of this Form should be destroyed.GCAAR Form #922 - MD Condo Addendum(Formerly #1328)Page 3 of 4Produced with zipForm by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 480262/2020www.zipLogix.com4803 Wellington

DocuSign Envelope ID: 4A1A-AE01-E69CBD6A5DDF4.RIGHT TO CANCEL: Buyer shall have the right for a period of seven (7) days following Buyer's receipt of thecondominium documents and statements referred to in the Condo Docs Paragraph to cancel this Contract by giving Noticethereof to Seller. In the event that such condominium documents and statements are delivered to Buyer on or prior tothe ratification of this Contract by Buyer, such seven (7) days period shall commence upon ratification of thisContract. If the condominium documents and statements are not furnished to Buyer more than 15 days prior toclosing, as referred to in the Condo Documents paragraph, Buyer shall have the option to cancel this Contract bygiving Notice thereof to Seller prior to receipt by Buyer of such condominium documents and statements. Pursuant tothe provisions of this paragraph, in no event may the Buyer have the right to cancel this Contract after Settlement.Seller (sign only after Buyer)Courtney W LaymanDateBuyerDateSeller (sign only after Buyer)DateBuyerDate 2020 The Greater Capital Area Association of REALTORS , Inc.This Recommended Form is the property of the Greater Capital Area Association of REALTORS , Inc. and is for use by members only.Previous editions of this Form should be destroyed.GCAAR Form #922 - MD Condo Addendum(Formerly #1328)Page 4 of 4Produced with zipForm by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 480262/2020www.zipLogix.com4803 Wellington

DocuSign Envelope ID: 4A1A-AE01-E69CBD6A5DDFInclusions/Exclusions Disclosure and Addendum(Required for use with GCAAR Listing Agreement & Sales Contract)PROPERTY ADDRESS: 4803 Wellington Dr Apt 3, Chevy Chase, MD 20815-6263PERSONAL PROPERTY AND FIXTURES: The Property includes the following personal property and fixtures, if existing: built-inheating and central air conditioning equipment, plumbing and lighting fixtures, sump pump, attic and exhaust fans, storm windows, stormdoors, screens, installed wall-to-wall carpeting, central vacuum system (with all hoses and attachments); shutters; window shades, blinds,window treatment hardware, mounting brackets for electronics components, smoke, carbon monoxide, and heat detectors; TV antennas;exterior trees and shrubs; and awnings. Unless otherwise agreed to herein, all surface or wall mounted electronic components/devices DONOT CONVEY. The items checked below convey. If more than one of an item conveys, the number of items is noted in the blank.KITCHEN APPLIANCESStove/RangeXCooktopWall OvenMicrowaveXRefrigeratorXw/ Ice MakerWine RefrigeratorDishwasherXDisposerXSeparate Ice MakerSeparate FreezerTrash CompactorELECTRONICSSecurity CamerasAlarm SystemIntercomSatellite DishesVideo DoorbellLAUNDRYWasherXDryerXWATER/HVACWater Softener/ConditionerElectronic Air FilterFurnace Humidifier1Window A/C UnitsX1 unitcombinedLIVING AREASFireplace Screen/DoorGas LogCeiling FansWindow FansWindow TreatmentsXRECREATIONHot Tub/Spa, Equipment, & CoverPool Equipment & CoverSaunaPlayground EquipmentOTHERStorage ShedGarage Door OpenerGarage Door Remote/FobBack-up GeneratorRadon Remediation SystemSolar Panels (must includeSolar Panel SellerDisclosure/Resale Addendum)THE FOLLOWING ITEMS WILL BE REMOVED AND NOT REPLACED:LEASED ITEMS, LEASED SYSTEMS & SERVICE CONTRACTS: Leased items/systems or service contracts, including but notlimited to: appliances, fuel tanks, water treatment systems, lawn contracts, pest control contracts, security system and/or monitoring,and satellite contracts DO NOT CONVEY unless disclosed here:CERTIFICATION: Seller certifies that Seller has completed this checklist disclosing what conveys with the Property.10/21/2020Seller Courtney W LaymanDateSellerDateACKNOWLEDGEMENT AND INCORPORATION INTO CONTRACT: (Completed only after presentation to the Buyer)The Contract of Sale datedbetween Seller Courtney W Laymanand Buyerfor the Property referenced above is hereby amended by the incorporation of this Addendum.Seller (sign only after Buyer)DateBuyerDateSeller (sign only after Buyer)DateBuyerDate 2020, The Greater Capital Area Association of REALTORS , Inc.This Recommended Form is the property of the Greater Capital Area Association of REALTORS , Inc. and is for use by REALTOR members only.Previous editions of this form should be destroyed.GCAAR # 911 - Inclusions/Exclusions MC & DCPage1 of 17/2020RE/MAX, 3300 Olney-Sandy Spring Rd Olney MD 20832Phone: (301)785-9075Fax: 3017748302Robert KerxtonProduced with Lone Wolf Transactions (zipForm Edition) 231 Shearson Cr. Cambridge, Ontario, Canada N1T 1J5 www.lwolf.com4803 Wellington Dr

DocuSign Envelope ID: 4A1A-AE01-E69CBD6A5DDFNOTICE TO BUYER AND SELLER OF BUYER'S RIGHTS AND SELLER'S OBLIGATIONS UNDERMARYLAND'S SINGLE FAMILY RESIDENTIAL PROPERTY CONDITION DISCLOSURE LAWADDENDUM #datedBuyerCourtney W Laymanand Sellerknown as 4803 Wellington Dr Apt 3, Chevy Chase, MD 20815-6263to the Contract of Sale betweenfor the Property.NOTE: This notice does not apply to: (1) the initial sale of single family residential property which has never been occupied, or for which acertificate of occupancy has been issued within one year prior to the date of the Contract; (2) a transfer that is exempt from the transfer tax underSubsection 13-207of the Tax-Property Article, except land installments contracts of sale under Subsection 13-207(a)(11) of the Tax-PropertyArticle and options to purchase real property under Subsection 13-207(a)(12) of the Tax-Property Article; (3) a sale by a lender or an affiliate orsubsidiary 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 byforeclosure, 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 a use other thanresidential use or to be demolished; or (7) a sale of unimproved real property.Section 10-702 of the Real Property Article of the Annotated Code of Maryland (“Section 10-702”) requires that a sellerof a single family residential property (“the property”) deliver to each buyer, on or before entering into a contract of sale,on a form published and prepared by the Maryland Real Estate Commission, EITHER:(A)A written property condition disclosure statement listing all defects including latent defects, or information ofwhich the seller has actual knowledge in relation to the following:(i) Water and sewer systems, including the source of household water, water treatment systems, and sprinklersystems;(ii) Insulation;(iii) Structural systems, including the roof, walls, floors, foundation and any basement;(iv) Plumbing, electrical, heating, and air conditioning systems;(v) Infestation of wood-destroying insects;(vi) Land use matters;(vii) Hazardous or regulated materials, including asbestos, lead-based paint, radon, underground storage tanks,and licensed landfills;(viii) Any other material defects, including latent defects, of which the seller has actual knowledge;(ix) Whether the smoke alarms:1. will provide an alarm in the event of a power outage;2. are over 10 years old; and3. if battery operated, are sealed, tamper resistant units incorporating a silence/hush button and use longlife batteries as required in all Maryland homes by 2018; and(x) If the property relies on the combustion of a fossil fuel for heat, ventilation, hot water, or clothes dryeroperation, whether a carbon monoxide alarm is installed on the property.“Latent defects” under Section 10-702 means material defects in real property or an improvement to real property that:(i) A buyer would not reasonably be expected to ascertain or observe by a careful visual inspection, and(ii) Would pose a threat to the health or safety of the buyer or an occupant of the property, including a tenant orinvitee of the buyer;OR(B)A written disclaimer statement providing that:(i) Except for latent defects of which the seller has actual knowledge, the seller makes no representations orwarranties as to the condition of the real property or any improvements on the real property; and(ii) The buyer will be receiving the real property “as is,” with all defects, including latent defects, that may exist,except as otherwise provided in the contract of sale of the property. 2016,The Greater Capital Area Association of REALTORS , Inc.This recommended form is the property of The Greater Capital Area Association of REALTORS , Inc. and is for use by members only.Previous editions of those forms should be destroyed.GCAAR Form # 1342 Notice to Parties, Property Disclosure - MCPage 1 of 2RE/MAX, 3300 Olney-Sandy Spring Rd Olney MD 20832Phone: (301)785-9075Robert KerxtonProduced with zipForm by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www.zipLogix.comFax: 30177483023/20164803 Wellington Dr

DocuSign Envelope ID: 4A1A-AE01-E69CBD6A5DDFAt the time the disclosure or disclaimer statement is delivered to you (“the buyer”), you are required to date and sign awritten acknowledgement of receipt on the disclosure or disclaimer statement which shall be included in or attached tothe contract of sale.Section 10-702 further provides that a buyer who receives the disclosure or disclaimer statement on or before enteringinto a contract of sale does not have the right to rescind the contract based upon the information contained in thedisclosure or disclaimer statement.You are hereby notified that, in certain circumstances, you have the right to rescind your contract with the seller if theseller fails to deliver to you the written property condition disclosure or disclaimer statement. Section 10-702 providesthat a buyer who does not receive the disclosure or disclaimer statement on or before entering into the contract has theunconditional right, upon written notice to the seller or seller's agent:(i) To rescind the contract at any time before the receipt of the disclosure or disclaimer statement or within 5days following receipt of the disclosure or disclaimer statement; and(ii) To the immediate return of any deposits made on account of the contract.Your right to rescind the contract under Section 10-702 terminates if not exercised before making a written application toa lender for a mortgage loan, if the lender discloses in writing at or before the time application is made that the right torescind terminates on submission of the application or within 5 days following receipt of a written disclosure from alender who has received your application for a mortgage loan, if the lender's disclosure states that your right to rescindterminates at the end of that 5 day period.Your rights as a buyer under Section 10-702 may not be waived in the contract and any attempted waiver is void.Your rights as the buyer to terminate the contract under Section 10-702 are waived conclusively if not exercised before:(i) Closing or occupancy by you, whichever occurs first, in the event of a sale; or(ii) Occupancy, in the event of a lease with option to purchase.The information contained in the property condition disclosure statement is the representation of the seller and not therepresentation of the real estate broker or sales person, if any. A disclosure by the seller is not a substitute for aninspection by an independent professional home inspection company. You should consider obtaining such an inspection.The information contained in a disclosure statement by the seller is not a warranty by the seller as to the condition of theproperty of which condition the seller has no actual knowledge or other condition, including latent defects, of which theseller has no actual knowledge. The seller is not required to undertake or provide an independent investigation orinspection of the property in order to make the disclosures required by Section 10-702. The seller is not liable for anerror, inaccuracy or omission in the disclosure statement if the error, inaccuracy or omission was based upon informationthat was not within the actual knowledge of the seller or was provided to the seller by a third party as specified in Section10-702 (i) or (j).You may wish to obtain professional advice about the property or obtain an inspection of the property.The undersigned buyer(s) and seller(s) acknowledge receipt of this notice on the date indicated below and acknowledgethat the real estate licensee(s) named below have informed the buyer(s) and the seller(s) of the buyer(s)' rights and theseller(s)' obligations under Section 10-702.10/21/2020Seller's SignatureCourtney W LaymanDateBuyer's SignatureDateSeller's SignatureDateBuyer's SignatureDateDateAgent's SignatureDate10/21/2020Agent's SignatureRobert Kerxton 2016, The Greater Capital Area Association of REALTORS , Inc.This recommended form is the property of The Greater Capital Area Association of REALTORS , Inc. and is for use by members only.Previous editions of those forms should be destroyed.GCAAR Form #1342 Notice to Parties, Property Disclosure - MCPage 2 of 2Produced with zipForm by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 480263/2016www.zipLogix.com4803 Wellington

DocuSign Envelope ID: 4A1A-AE01-E69CBD6A5DDFMARYLAND RESIDENTIAL PROPERTY DISCLOSURE AND DISCLAIMER STATEMENTProperty Address: 4803 Wellington Dr Apt 3, Chevy Chase, MD 20815-6263Legal Description:NOTICE TO SELLER AND PURCHASERSection 10-702 of the Real Property Article, Annotated Code of Maryland, requires the seller of certain residential real property to furnishto the purchaser either (a) a RESIDENTIAL PROPERTY DISCLAIMER STATEMENT stating that the seller is selling the property "asis" and makes no representations or warranties as to the condition of the property or any improvements on the real property, except asotherwise provided in the contract of sale, or in a listing of latent defects; or (b) a RESIDENTIAL PROPERTY DISCLOSURESTATEMENT disclosing defects or other information about the condition of the real property actually known by the seller. Certaintransfers of residential property are excluded from this requirement (see the exemptions listed below).1.2.3.4.5.6.7.10-702. EXEMPTIONS. The following are specifically excluded from the provisions of §10-702:The initial sale of single family residential real property:A. that has never been occupied; orB. for which a certificate of occupancy has been issued within 1 year before the seller and buyer enter into a contractof sale;A transfer that is exempt from the transfer tax under §13-207 of the Tax-Property Article, except land installment contractsof sales under §13-207(a) (11) of the Tax-Property Article and options to purchase real property under §13-207(a)(12) ofthe Tax-Property Article;A sale by a lender or an affiliate or subsidiary of a lender that acquired the real property by foreclosure or deed in lieu offoreclosure;A sheriff's sale, tax sale, or sale by foreclosure, partition, or by court appointed trustee;A transfer by a fiduciary in the course of the administration of a decedent's estate, guardianship. conservatorship, or trust;A transfer of single family residential real property to be converted by the buyer into use other than residential use or tobe demolished; orA sale of unimproved real property.Section 10-702 also requires the seller to disclose information about latent defects in the property that the seller has actual knowledge of.The seller must provide this information even if selling the property "as is." "Latent defects" are defined as: Material defects in real propertyor 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.MARYLAND RESIDENTIAL PROPERTY DISCLOSURE STATEMENTNOTICE TO SELLERS: Complete and sign this statement only if you elect to disclose defects, including latent defects, or other informationabout the condition of the property actually known by you; otherwise, sign the Residential Property Disclaimer Statement. You may wish toobtain professional advice or inspections of the property; however, you are not required to undertake or provide any independentinvestigation or inspection of the property in order to make the disclosure set forth below. The disclosure is based on your personalknowledge 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 Sellers and is based upon the actual knowledge ofSellers as of the date noted. Disclosure by the Sellers is not a substitute for an inspection by an independent home inspection company, andyou may wish to obtain such an inspection. The information contained in this statement is not a warranty by the Sellers as to the condition ofthe property of which the Sellers have no knowledge or other conditions of which the Sellers have no actual knowledge.How long have you owned the property?Approx 5 yearsProperty System: Water, Sewage, Heating & Air Conditioning (Answer all that apply)Water Supply[ X] Public[ ] Well[ ] OtherSewage Disposal[ X ] Public[ ] Septic System approved for(# bedrooms) Other Type 2019 The Greater Capital Area Association of REALTORS , Inc.Previous editions of this Form should be destroyed.GCAAR Form #912 - MD - Property Disclosure/DisclaimerFORM: MREC/DLLR: Rev 10/1/2019Page 1 of 4RE/MAX, 3300 Olney-Sandy Spring Rd Olney MD 20832Phone: (301)785-9075Robert KerxtonProduced with zipForm by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www.zipLogix.com10/19Fax: 30177483024803 Wellington Dr

DocuSign Envelope ID: 0E94D884-32D6-42F3-A517-D17B67359B08Garbage DisposalDishwasherHeatingAir ConditioningHot Water[ X ] Yes[ X ] Yes[ ] Oil[ ] Oil[ ] Oil[ ] No[ ] No[ X ] Natural Gas [ ] Electric[ ] Heat Pump Age[ ] Natural Gas [ X ] Electric[ ] Heat Pump Age[ X ] Natural Gas [ ] Electric CapacityAge[ ] Other[ ] Other[ ] OtherPlease indicate your actual knowledge with respect to the following:1. Foundation: Any settlement or other problems?Comments:[ ] Yes[ X ] No[ ] Unknown2. Basement: Any leaks or evidence of moisture?Comments:[ ] Yes[ X ] No[ ] Unknown[ ] Does Not Apply3. Roof: Any leaks or evidence of moisture?[ ] Yes[ ] No[X ] UnknownType of Roof:AgeNAComments:Is there any existing fire retardant treated plywood?[ ] Yes[ ] No[ X ] UnknownComments:4. Other Structural Systems, including exterior walls and floors:Comments:Any defects (structural or otherwise)?[ ] YesComments:[ X ] No[ ] Unknown5. Plumbing System: Is the system in operating condition?[ X ] Yes[ ] No[ ] U

Produced with zipForm by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www.zipLogix.com 4803 Wellington Dr Apt 3 Chevy Chase MD 20815-6263 The Wellington 315.37 Month X X X X . DocuSign Envelope ID: 51BEFBE7-260B-4A1A-AE01-E69CBD6A5DDFDocuSign Envelope ID: 0E94D884-32D6-42F3-A517-D17B67359B08-OR- .