Owner’s Initials
Owner’s Initials
Date
Date
Purchaser’s Initials
Purchaser’s Initials
Property
Address_
I) UNDERGROUND STORAGE TANKS/WELLS: Do you know of any underground storage tanks (existing or removed), oil or
natural gas wells (plugged or unplugged), or abandoned water wells on the property? Yes No
If
“Yes”,
please
describe:
Do you know of any oil, gas, or other mineral right leases on the property? Yes No
Purchaser should exercise whatever due diligence purchaser deems necessary with respect to oil, gas, and other mineral rights.
Information may be obtained from records contained within the recorder’s office in the county where the property is located.
J) FLOOD PLAIN/LAKE ERIE COASTAL EROSION AREA: Yes No Unknown
Is the property located in a designated flood plain?
Is the property or any portion of the property included in a Lake Erie Coastal Erosion Area?
K) DRAINAGE/EROSION: Do you know of any previous or current flooding, drainage, settling or grading or erosion problems
affecting the property? Yes No
If “Yes”, please describe and indicate any repairs, modifications or alterations to the property or other attempts to control any
problems
(but
not
longer
than
the
past
5
years):_
L) ZONING/CODE
VIOLATIONS/ASSESSMENTS/HOMEOWNERS’
ASSOCIATION: Do you know of any violations of
building or housing codes, zoning ordinances affecting the property or any nonconforming uses of the property? Yes No
If
“Yes”,
please
describe:
Is the structure on the property designated by any governmental authority as a historic building or as being located in an historic
district? (NOTE: such designation may limit changes or improvements that may be made to the property). Yes No
If
“Yes”,
please
describe:
Do you know of any recent or proposed assessments, fees or abatements, which could affect the property? Yes No
If “Yes”, please describe:
_
List any assessments paid in full (date/amount)
List any current assessments:
monthly fee
Length of payment (years
months )
Do you know of any recent or proposed rules or regulations of, or the payment of any fees or charges associated with this property,
including but not limited to a Community Association, SID, CID, LID, etc. Yes No
If
“Yes”,
please
describe
(amount)
M) BOUNDARY
LINES/ENCROACHMENTS/SHARED
DRIVEWAY/PARTY WALLS: Do you know of any of the
following conditions affecting the property? Yes No Yes No
1)
Boundary Agreement 4) Shared Driveway
2) Boundary Dispute 5) Party Walls
3) Recent Boundary Change 6) Encroachments From or on Adjacent Property
If
the
answer
to
any
of
the
above
questions
is
“Yes”,
please
describe:
N) OTHER KNOWN MATERIAL DEFECTS: The following are other known material defects in or on the property:
For purposes of this section, material defects would include any non-observable physical condition existing on the property that could
be dangerous to anyone occupying the property or any non-observable physical condition that could inhibit a person’s use of the
property.