Agenda - Parks and Recreation Commission - 04/11/2019

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RE/MAX RESULTS 5. Property located at 6. City of 1.IXXX Sunfish Lake Boulevard DISCLOSURE STATEMENT: SELLER'S DISCLOSURE ALTERNATIVES This form approved by the Minnesota Association of REALTORS°, which disclaims any liability arising out of use or misuse of this form. 2016 Minnesota Association of REALTORS°. Edina. MN 1. Date 112/011211199 2. Page 1 of pages: RECORDS AND 3. REPORTS. IF ANY, ARE ATTACHED AND MADE A 4. PART OF THIS DISCLOSURE Ramsey County of A„ oks , State of Minnesota. 7. NOTICE: Sellers of residential property, with limited exceptions, are obligated to satisfy the requirements of MN Statutes 8. 513.52 through 513.60. To comply with the statute, Seller must provide either a written disclosure to the 9. prospective Buyer (see Disclosure Statement: Seller's Property Disclosure Statement) or satisfy one of the 10. following two options. Disclosures made here, if any, are not a warranty or guarantee of any kind by Seller or 11. licensee(s) representing or assisting any party in this transaction and are not a substitute for any inspections or 12. warranties the party(les) may wish to obtain. 13. (Select one option only.) 14. 1) ❑ QUALIFIED THIRD -PARTY INSPECTION: Seller shall provide to prospective Buyer a written report that 15. discloses material information relating to the real property that has been prepared by a qualified third party. 16. "Qualified third party" means a federal, state, or local governmental agency, or any person whom Seller or 17. prospective Buyer reasonably believes has the expertise necessary to meet the industry standards of practice 18. for the type of inspection or investigation that has been conducted by the third party in order to prepare the 19. written report. 20. Seller shall disclose to prospective Buyer material facts known by Seller that contradict any information 21. that is included in a written report, or material facts known by Seller that are not included in the 22. report. 23. The inspection report was prepared by 24. 25. and dated , 20 26. Seller discloses to Buyer the following material facts known by Seller that contradict any information included 27. in the above referenced inspection report. 28. 29. 30. 31. Seller discloses to Buyer the following material facts known by Seller that are not included in the above 32. referenced inspection report. 33. 34. 35. 36. 2) X❑ WAIVER: The written disclosure required may be waived if Seller and prospective Buyer agree in writing. Seller 37. and Buyer hereby waive the written disclosure required under MN Statutes 513.52 through 513.60. 38. NOTE: If both Seller and prospective Buyer agree, in writing, to waive the written disclosure required under 39. MN Statutes 513.52 through 513.60, Seller Is not obligated to disclose ANY material facts of which Seller 40. is aware that could adversely and significantly affect the Buyer's use or enjoyment of the property or any 41. intended use of the property, other than those disclosure requirements created by any other law. Seller is 42. not obligated to update Buyer on any changes made to material facts of which Seller is aware that could 43. adversely and significantly affect the Buyer's use or enjoyment of the property or any intended use of the 44, property that occur, other than those disclosure requirements created by any other law. 45. Waiver of the disclosure required under MN Statutes 513.52 through 513.60 does not waive, limit, or 46. abridge any obligation for Seller disclosure created by any other law. MIN FE E s o TA fulfV:DS:SDA-, 0/16)t REALTORS Insfone€-�