MARYLAND

RESIDENTIAL

PROPERTY

DISCLAIMER

STATEMENT

NOTICE TO OWNER(S): Sign this statement only if you elect to sell the property without representation and warranties as to its condition, except as otherwise provided in the contract of sale and in the listing of latent defects as set forth below; otherwise, complete and sign the RESIDENTIAL PROPERTY DISCLOSURE STATEMENT. Except for the latent defects listed below, the undersigned owner(s) of the real property described above make no representations or warranties as to the condition of the real property or any improvements thereon, and the purchaser 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 carefully examined this statement and further acknowledge that they have been informed of their rights and obligations under Section 10-702 of the Maryland Real Property Article. The owner(s) has actual knowledge of the following latent defects:

ownC' Owner

rt------·J~-.-."--'~" .'

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_

Date

L::>

D~

1"-

yJ- -,;1-0'0 9'

------------------------

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

Purchaser Purchaser

------------------------------------------------------------------------------------

_

C'OLIALHOU$ID.-o

REALTOR .,

LFl12

------------------------

Date

(5)

IB

FORM: DLLR/REC/P/1 0-1-01 Rev Rev 10-1-07

D~

Ol'PQfHUNITY

Page 4 of 4

_v

Disclosure of Information on Lead-Based and Lead-Based Paint Hazards SALES For the sale of Property at:

4707 Property

r;:;,. "J::"'-\ --

Property (all portions) was constructed

(.(c(!1l.' -· -.'-...

Penninaton

Baltimore

after January

1,1978.

Property (any portion) was constructed before january 1,1978.

--

!

MD 21226

Address

AND WARRANTS TO LONG & FOSTER, INTENDING THAT SUCH BE RELIED UPON REGARDING Seller initial aNI' of the following and ~tate VearCon~tructed):

I. SELLER REPRESENTS PROPbRTV,TI-IAT(each

-. --

Paint

Seller is unable to represent and warrant the age of the property.

(If initialed, complete section V only.)

THE ABOVE

Year Constructed:

17J-0

(If initialed, complete all sections.) (If initialed, complete all sections.)

SELLER AGREES TO COMPLY WITH REQUIREMENTS OF THE FEDERAL RESIDENTIAL LEAD-BASED PAINT HAZARD REDUCTION ACT OF 1992.

Lead Warning Statement Every purchaser of any interest in residential real property on which a residential dwelling was built prior to 1978 is notified that such property may present exposure to lead from lead-based paint that may place young children at risk of developing lead poisoning Lead poisoning in young children may produce permanent neurological damage, including learning disabilities, reduced intelligence quotient, behavioral problems, and impaired memory Lead poisoning also poses a particular risk to pregnant women. The seller of any interest in residential real property is required to provide the buyer with any information on lead-based paint hazards from risk assessments or inspections in the seller's possession and notify the buyer of any known lead-based paint hazards. A risk assessment or inspection for possible lead-based paint hazards is recommended prior to purchase. (each Seller complete items 'a' and'b' below) ..-~.~-" Of lead-based paint and/or lead-based paint

II Seller's a.

Disclosure ffrgsenc,e

f'lJ!l, I} l;}!. ;}' :,;'J__

t'

hazards

(initial and complete

(i) or (ii) below):

Knownlead-basedpaint andlor lead·basedpaint hazardsare presentin the housing (explain)

\, .•••~,,,......••,~."";.>""

(ii) -b.

--

Seller has no knowledgeof lead-basedpaint andlor lead-basedpaint hazardsin the housing.

/Reco~lmd

reports available

Vr/\

( ;!rf!~S/ -,/

\'':

.

'1

;~:-

(ii) --

(i) or (ii) below):

Seller has providedthe purchaserwith all availablerecords and reports pertainingto lead-basedpaint andlorlead-based paint hazardsin the housing (list documentsbelow).

•.' "

III. Purchaser's

to the Seller (initial and complete

--

Seller has no reports or records pertainingto lead-basedpaint andlor lead-based paint hazardsin the housing.

ACknowledgment

(each Purchaser initial and complete items c. d. e and f below)

c.

Purchaser has read the Lead Warning Statement above,

d.

Purchaser has received copies of all information listed above.

e. f.

--

--

Purchaser has received the pamphlet Protect Your Family from Lead in Your Home.

Received a 1 O-dayopportunity (or mutually agreed upon period) to conduct a risk assessment or inspection for the presence of lead-based paint

(ii) --

g.

.ill' ,7'<:,

-~.01~dgment

fl.-'.

~ LF089 7/04

and/or lead-based paint hazards. Waived the opportunity to conduct a risk assessment or inspection for the presence of lead-based paint and/or lead-based paint hazards,

(initial item 'g' below)

Agent has informed the Seller of the Seller'S obligations under 42 U.S.C. 4852d and is aware of hislher responsibility to ensure compliance.

, Agent

(If none listed, check here.)

Purchaser has (each Purchaser initial (j) or Oi) below): (i)

IV. Ag

o

Purchaser

Date

Date

Purchaser

Date

Date

Agent

Date

[B REAnoR~

p-~~

fiAR-

PROPERTY SUBJECT TO GROUND RENT ADDENDUM

M,,",RYtAND

A:">5DCJA

rlOi\!

OF

REALTORS"

ADDENDUM

dated

#

to Contract of Sale dated

between Buyer

,

,

and Seller

Carl

for Property known as

Jones 4707

,

Pennington

Baltimore

J

21226

NOTICE REQUIRED BY MARYLAND LAW REGARDING YOUR GROUND RENT

The Property is subject to a ground lease. The annual payment on the ground lease reground rent") is Sixty Dollars and Zero Cents Dollars ($ 60,00 ), payable in yearly or half-yearly installments on (date or dates) ..•• s=em=I:...,:·-a=n=n=ua=IICLV _ The next ground rent payment is due on the following due date the amount of Thirty Dollars ($ 30.00

03/01/09

in ).

The payment of the ground rent should be sent to: Name Francis J Folken Address 3401 Chestnut Avenue Baltimore, MD 21211 Phone Number

410----------

NOTE REGARDING YOUR RIGHTS AND RESPONSIBILITIES UNDER MARYLAND LAW: As the owner of this property, you are obligated to pay the ground rent to the ground lease holder. It is also your responsibility to notify the ground lease holder if you change your address or transfer ownership of the property. If you fail to pay the ground rent on time, you are still responsible for paying the ground rent. In addition, the ground lease holder may take action to collect the past due ground rent, which may result ultimately in your loss of the property. Please note that under Maryland law, a ground lease holder may demand not more than 3 years of past due ground rent. If you fail to pay the ground rent on time, you should contact a lawyer for advice.

[B REALTOR"

LF1957

Gl Page 1 of 2

tQlJ:'I.ItOO~O (>P-II'O!tfUKI\'I'

10/07

As the owner of this property, you are entitled to redeem, or purchase, the ground lease from the ground lease holder and obtain absolute ownership of the property. The redemption amount is fixed by law but may also be negotiated with the ground lease holder for a different amount. For information on redeeming the ground lease, contact the ground lease holder. If the identity of the ground lease holder is unknown, the State Department of Assessments and Taxation provides a process to redeem the ground lease that may result in your obtaining absolute ownership of the property. If you would like to obtain absolute ownership of this property, you should contact a lawyer for advice.

The preceding notice is required by law. The parties are advised that some ground rents may not be redeemable.

All other terms and conditions

of the Contract of Sa~-!P-t.uJL

/<-7-07 Buyer Signature

Date

Buyer Signature

Date

Date

Seller Signature

Date

eCopyright 2007 Maryland Association of REAL TOR~ Inc. For use by REAL TOR® members of the Maryland Association of REAL TORS®only. Except 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 of the Maryland Association of REAL TORS",lnc.

m~

LF1957

Gl Page 2 of 2

to\:Al."O\l~"'O 0 ••••01<1\)1001' v

10107

\. \, \.

FAIR HOUSING FOR OWNERS OF RESIDEN.TIA-L REAL ESTATE ..'

Non-discrimination on the basis of race, color, religion, sex, familial status, national origin, and/or other protected classes in the sale and rental of residential real estate is fundamental to our nation's principles of fairness and freedom. Federal, state, and local fair housing laws which prohibit discrimination against these protected classes apply to the marketing, sale, and/or rental of many residential properties. As REALTORS~ it is our duty to inform our clients about these laws in order to promote compliance with the fair housing laws and objectives. We, at Long & Foster" Real Estate, Inc., have therefore, developed this advisory for your information and use. The fair housing laws of many local governments, such as counties and municipalities, include "protected classes" in addition to those (race, color, religion, familial status, etc.) listed above. One such class is that related to "source of income." The federally-funded Housing Choice Voucher program provides direct government payments to landlords who rent to eligible holders of the program's vouchers. Although at the federal level, the program is voluntary, in the District of Columbia as well as Montgomery and Howard Counties in Maryland, local laws prohibit landlords and owners of rental property from discriminating against voucher holders based on source of income in the terms and conditions of rental housing or in the application of income requirements. This prohibition of discrimination against voucher holders includes refusing to rent to voucher holders, misrepresenting availability of rental housing to voucher holders, and discriminatory advertising about voucher holders based on source of income. Threats, intimidation, coercion, and retaliation against assertion of a fair housing right by voucher holders is also prohibited as is enforcing any policy or practice that may have an inadvertent discriminatory impact on voucher holders. Participation in the housing choice voucher program comes with many advantages for landlords, including timely rent payments and competitive rents. We encourage landlords to contact local public housing agencies for further information about landlord and tenant responsibilities in the housing choice voucher program. Different public housing or human rights agencies/commissions may have special incentives for landlords. For more information, contact the District of Columbia Housing Authority, the Housing Opportunities Commission of Montgomery County or the Howard County Housing Commission. If your property is located in another county or municipality, you may wish to contact the public housing or human rights agency of your respective county/municipality.

Some useful contact information: District of Columbia Housing Authority 1133 North Capitol Street, NW Washington, DC 20002 202-535-1000

dchousing. org

Housing Opportunities Commission of Montgomery County

Howard County Housing Commission 6751 Columbia Gateway Drive Columbia, MD 21046 410-313-6320

10400 Detrick Avenue Kensington, MD 20895 301-929-6700

hocmc.org

• 301-949-3222

(TTY)

co.ho.md.us/DH/Organiz_HousingComm.htm

IBtar RfALTOO

5/06

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[OVA.l."OCWt
LF1077

If either party does not agree to dual agency, the real estate company may withdraw the agency agreement for that particular 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's agreement is terminated, the buyer or tenant may choose to enter into a written buyer agency agreement with an agent from a different company Alternatively, the buyer or tenant may choose not to be represented by an agent from 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 or renting property: Real estate agents are obligated by law to treat all parties to a real estate transaction honestly and fairly. They must exercise reasonable care and diligence and maintain the confidentiality of clients. They must not discriminate in the offering 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's duty to maintain confidentiality does not apply to the disclosure of material facts about a property. All agreements with real estate agents should be in writing and should explain the duties and obligations of the agent. The agreement should explain how the agent will be paid and any fee-sharing agreements with other agents. You have the responsibility to protect your own interests. You should carefully read all agreements to make sure they accurately reflect your understanding. A real estate agent is qualified to advise you on real estate matters only. If you need legal or tax advice, it is your responsibility to consult a licensed attorney or accountant.

~j

n

Any complaints about a real estate agent may be filed with the Real Estate Commission at 500 North Calvert Street, Baltimore MD 21202. (410) 230-6200. This notice is information required by law and is NOT A CONTRACT. We, the

I8l Sellers/Landlord D

Buyers/Tenants acknowledge receipt of a copy of this disclosure and that

t.ona & Foster Real Estate, Inc.

and

Adam

(Firm Name) (Salesperson) are working as:

Rich

I8l

seller/landlord's agent

D D

cooperating agent buyer's agent

I8l

dual agent (See Consent for Dual Agency form)

.. «

(you

,fC,"~~ .C . kp:'lOye'·' box) ,y!-~"...._ /jl'//·t1/h~9",ne '--'''-

11)8,

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Signature-"

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.';c.".

I r :'';::::.1'#'' Y""'"

"1; .,

»r : Date

--c::5> ~,---:-.

Signature

--=--,-_ Date

!

I certify that on this date I made the required agency disclosure to the individuals identified below and they were unable or unwilling to acknowledge receipt of a copy of this disclosure statement. Signature of agent

Date

Name of individual to whom disclosure was made

Name of individual to whom disclosure was made

[H

~

EOUAI..HOO$&-o

~EALTORv

O""O~f
1/99

1GBBRUNDERSTD

Page 2 of 2

LF1731L

Duties of a Dual Agent and Intra-Company Agent Like other agents, dual agents and intra-company agents must keep confidential information about a client's bargaining position or motivations unless the client gives consent to disclose the information. For example, a dual agent or intra-company agent may not tell the other party or the other party's agent, without consent of the client: • • • • •

anything the client asks to be kept confidential*, that the seller would accept a lower price or other terms, that the buyer would accept a higher price or other terms, the reasons why a party wants to sell or buy, or that a party needs to sell or buy quickly.

* However, like all agents, a dual agent and intra-company the property to the other party.

agent must disclose any material facts about

How Dual Agents are Paid Only the dual agent receives compensation on the sale of a property listed by that company. if a financial bonus is offered to an agent who sells property that is listed with his company, this fact must be disclosed in writing to both the buyer and seller. I have read the above information, and I understand the terms of the dual agency. I understand that I do not have to consent to a dual agency, and that if I do not consent, there will not be a dual agency. I hereby voluntarily consent to have Lonq & Foster Real Estate, Inc. act as dual agent for me as the: (Firm Name)

~

seller in the sale of the property at:

4707 Penninqton

"'-"""'--~-~--'~-."""""-"'-'-~-"'-·-;1 ··~ -.

q'~lr

in th~r~-7e/>f

'.'7,

'/

a;y ~

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,jl

~

21226

any prdPer.t~.,listedfor sale with the above-referenced firm .

./ L ,.; f~ ....-7I\ r::C--?:iV / '--r

Signature

Baltimore . MD

---=-

'~'"

-

~

'---,;/- U ~/ Date

Signature

Date

f

AFFIRMATION T.!~e.-und_~J.~V~d~~y(e'~}-he(~ affirms. con~:nt t~__ ~~~~Agency: I~'""~v

"".r ,""-__ 'li-~,N:'! /7~:':!::

""1'./

I --. )~-

t

(J

v

'.r' I

Date

4707 Pennington Baltimore

1

MD

21226

Property Location Signature

G) 1:000000ROCl/to.'(I O"'O~(1,I"'Uy

LF1731

Date

Page 2 of 2

IB RrA.tTOIl

1/99

~

For Agent Use: Agent Name:

AFFILIATED BUSINESS ARRANGEMENT DISCLOSURE STATEMENT

Adam Firs! Office Name:

D Buyer

Please Check One: To (Client's Name):

From:

Home:

Jones

Pennington

Long & Foster Real Estate, Inc.

Property Type (check one):

Work:

(301) 570-4424 4707

(Street)

Columbia Sales

Seller

. Carl

Client Phone Number(s): Property Address:

~

Rich Las!

0 Single-family

_

(240) 401-2909

(City) Baltimore

MLS#: ~

Cell:

_

Townhouse

o Condo

(State)~

(Zip) 21226

Email:

o

Co-op

o

Multi-family

o

Lot/Land

In connection with the sale and purchase of this property, you may need to obtain certain settlement services. This is to give you notice that Long & Foster Real Estate, Inc. ("Long & Foster") has business relationships (e.g .. direct or indirect ownership interests, joint ventures and/or contractual relationships including marketing agreements and/or office leases) with the following mortgage, title, closing, and insurance service providers: Lenders for mortgage financing: Prosperity Mortgage Company Walker Jackson Mortgage Corporation To close your purchase or sale and/or for title insurance: RGS Title and/or its affiliate Mid-States Title of Virginia LLC Brennan Title Company and/or its affiliate Positive Title LLC MBH Settlement Group LC and/or its affiliate Eastern Title LLC Sage Title Group, LLC Settlement Professionals, LLC Bon Air Title and/or its affiliate Bon Air/Long & Foster Title Agency LLC Shaheen & Shaheen and/or its affiliate Long & Foster Great American Title LLC Shaffer Title & Escrow Inc. and/or its affiliate Long & Foster Shaffer Title Services LLC Homestead Settlement Services LLC and/or its affiliate Mid-States Title of Roanoke LLC Mid States Title of Southwest Virginia LLC Trump & Trump and/or its affiliate Long & Foster of WV Title Insurance Agency LLC Long & Foster Settlement Services LLC

(VA, MD, DC, DE, PAl (VA, MD, DC, DE) (VA, MD) (MD, DC) (MD, DC) (Richmond) (Hampton Roads) (Hampton Roads) (Southwest VA) (Southwest VA) (WV) (Philadelphia I NJ)

For insurance, including property, hazard, and flood: Long & Foster Insurance Agency, Inc. As a result of these relationships, referrals to any of the above-listed entities may provide Long & Foster (and/or affiliates) with a financial or other benefit.

any of its subsidiaries or

Set forth below are estimated charges or a range of charges for the settlement services listed. You are NOT required to use the listed providers as a condition for purchase of the subject property. THERE ARE FREQUENTLY OTHER SETTLEMENT SERVICE PROVIDERS AVAILABLEWITH SIMILAR SERVICES. YOU ARE FREE TO SHOP AROUND TO DETERMINE THAT YOU ARE RECEIVING THE BEST SERVICES AND THE BEST RATE FOR THESE SERVICES. LENDER CHARGES PROSPERITY MORTGAGE COMPANY and WALKER JACKSON MORTGAGE CORPORATION charge fees which may include discount points, an origination fee, and/or a Yield Spread Premium (YSP), which accompany the interest rate you choose and which are listed as percentages of the loan amount. There may be other lender fees that are charged as flat dollar amounts. Estimated ranges for these charges are provided below. Please consult with your lender for a list of applicable charges. Discount Points:

0% - 4%

Application Fee: ltO - 1.500

Origination Fee:

0% - 1%

YSP:

Commitment Fee:

$0 - 150

Processing Fee: $0 - 395

Underwriting Fee:

$0 - 199

Gl

[B RfAlTon

0% - 4%

COliAl.HOlJ'.!l1o'O

'"

LF172L

Page 1 of 2

Q/>rOA!\ltoIJt'(

10107

A lender is allowed to require the use of an attorney, credit reporting agency or real estate appraiser chosen to represent the lender's interest. Set forth below is the estimated charge or range of charges for the settlement services of a credit reporting agency and real estate appraiser that will be required as a condition of your loan on this property, to represent the lender's interest in the transaction. Amounts required for special credit reports such as business credit reports or for appraisals of larger properties are collected when the work is done. Credit

Report:

~

(maximum)

Appraisal:

$375-$1,000

(if property

value

is over $1 ,SM, ask for a quote)

CLOSING FEES, TITLE INSURANCE & OTHER CHARGES Closing fees and other charges may be collected by your settlement company. These fees are not always determined even within the same company or office. Please consult with your settlement company for a list of charges. Estimated owners' title insurance premiums (per $1,000 of sales price) are provided may be available, including less comprehensive "standard" coverage and a "reissue Virginia First $100,000

below for "enhanced" coverage. Other options rate," which could reduce your charges.

West Virginia

$100,001-$500,000 $500,001-$1,000,000 Over $1,000,000

$15.40

$4.08

Pennsylvania First $30,000 $30,001-$45,000

$3.60

$45,001-$100,000

$6.60

$4.90 $4.40

First $100,000 $100,001-$500,000

$4.76

$3.75

$500,001-$5,000,000

Ask for quote

conslstently-

$7.98

$100,001-$500,000

$5.50

Simultaneous issue of Lenders' Policy (VA) is $100.00.

TiUe insurance commitment fee per ownerllender

$500,001-$1,000,000

$4.13

Title insurance commitment fee per ownerllender

policy will not exceed $50.00.

Lender required endorsements (PA) approx. $150.00.

Simultaneous issue of Lenders' Policy (\fVV) is $50.00.

policy will not exceed $125.00.

Maryland First $250,000

$4.20

District of Columbia First $250,000

$5.70

North Carolina First $100,000

$2.90

$250,001-$500,000

$3.60

$250,001-$500,000

$5.10

$100,001-$500,000

$1.90

$500,001-$750,000

$3.30

$500,001-$1,000,000

$4.50

$500,001-$2,000,000

$1.20

$750,001-$1,000,000

$3.00

$2,000,001-$7,000,000

$0.90

Over $7,000,000

$0.60

Simultaneous issue of Lenders' Policy (MD and DC) is $35.00.

Closing Services Insurance premium (NC) is included

Title insurance commrtment fee per owner/lender policy will not exceed $75.00.

in the rates above. but is optional.

Delaware First $100,000

$4.20

$100,001-$1,000,000

$3.60

New Jersey First $100,000 $100,001-$500,000

$1,000,001-$5,000,000

$3.00

$6.30 $4.80

$500,001-$2,000,000

$3.30

Simultaneous issue of Lenders' Policy (DE) is $25.00.

Over $2,000,000

$2.70

Title insurance commitment fee per owner/lender

Simultaneous issue of Lender's Policy (NJ) is $25.00. Lender required endorsements are approx. $25.00 each.

policy will not exceed $75.00.

Miscellaneous. charges are approx. $125.00.

Out of pocket costs

are approx. $170.00. Title Search / Exam Fee is $105.00.

INSURANCE CHARGES LONG & FOSTER insurance

INSURANCE

policy coverage

AGENCY,

chosen

INC. is an insurance Homeowners

Flood insurance

is not included

agency

representing

many different

insurers.

The only cost is the

by you.

in the estimate

Insurance

premium:

above, but may be available

$300-$1,600+

for an additional

per year fee.

HOME WARRANTY DISCLOSURE No Long & Foster affiliated company has an ownership interest in any company offering home warranty insurance; however, when a Seller or Purchaser purchases a home warranty insurance policy through a Long & Foster sales associate, Long & Foster Real Estate, Inc. receives

a maximum

of $90.00 of the premium

paid for services

performed

in the placement

of the warranty.

ACKNOWLEDGMENT IIwe have read this disclosure ... ",,' abo~~.,scrib:d

(

s~~tI1ent

form,

service(s)

i~"

!! ,~~~~", i

~--Slgmatur.e'~'""'--7';i""

./ c:::::::=>

"/ .,,_.r

and understand

that Long & Foster

and may ~~ceive a financial

I

/: Date

J-~'-

I)

Real Estate,

or other

benefit

Inc. is referring as the result

me/us

to purchase

the

of thls referral.

y

-j-,".-. "..-<..,::" '

Signature

Date

V

lH

RfALTon '"

LF172L

~

CQU.:I.lHOU!n"O

Page 2 of 2

O"PO"fUiO'lf'(

10/07