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BOE -502-A (P2) REV. 13 (06-17) <br />PART 2. OTHER TRANSFER INFORMATION Check and complete as applicable. <br />A. Date of transfer, if other than recording date: <br />B. Type of transfer: <br />❑ Purchase ❑Foreclosure ❑ Gift ❑Trade or exchange E] merger, stock, or partnership acquisition (Form BOE -100-B) <br />❑ Contract of sale. Date of contract: ❑ Inheritance. Date of death: <br />�] Sale/leaseback ❑Creation of a lease ❑Assignment of a lease ❑Termination of a lease. Date lease began: <br />Original term in years (including written options): Remaining term in years (including written options): <br />Other. Please explain: Donation of property to a public entity. <br />C. Only a partial interest in the property was transferred. ❑ YES ® NO If YES, indicate the percentage transferred: % <br />PART 3. PURCHASE PRICE AND TERMS OF SALE Check and complete as applicable. <br />A. Total purchase price $ 2,630,000.00 <br />B. Cash down payment or value of trade or exchange excluding closing costs Amount $ <br />C. First deed of trust @ % interest for years. Monthly payment $ Amount $ <br />u FHA (_Discount Points) ❑ Cal -Vet ❑ VA (_Discount Points) ❑ Fixed rate ❑ Variable rate <br />❑ Bank/Savings & Loan/Credit Union ❑ Loan carried by seller <br />❑ Balloon payment $ Due date: <br />D. Second deed of trust @ % interest for _years. Monthly payment $ Amount $ <br />❑ Fixed rate ❑ variable rate ❑ Bank/Savings & Loan/Credit Union ❑ Loan carried by seller <br />❑ Balloon payment $ Due date: <br />E. Was an Improvement Bond or other public financing assumed by the buyer? []YES ❑NO Outstanding balance $ <br />F. Amount, if any, of real estate commission fees paid by the buyer which are not included in the purchase price $ <br />G. The property was purchased: ❑ Through real estate broker. Broker name: _ Phone number: ( ) <br />❑ Direct from seller ❑ From a family member -Relationship <br />❑X other. Please explain: This is a donation to a public entity. The City of Redwood City is a public entity and not subject to taxes. <br />H. Please explain any special terms, seller concessions, broker/agent fees waived, financing, and any other information (e.g., buyer assumed the existing loan <br />balance) that would assist the Assessor in the valuation of your property. <br />PART 4: PROPERTY INFORMATION Check and complete as applicable. <br />A. Type of property transferred <br />Single-family residence ❑ Co-op/Own-your-own ❑ Manufactured home <br />❑ Multiple -family residence. Number of units: ❑ Condominium ® Unimproved lot <br />Other. Description: (i.e., timber, mineral, water rights, etc.) ❑ Timeshare ❑ Commercial/Industrial <br />B. ❑ YES ®NO Personal/business property, or incentives, provided by seller to buyer are included in the purchase price. Examples of personal property <br />are furniture, farm equipment, machinery, etc. Examples of incentives are club memberships, etc. Attach list if available. <br />If YES, enter the value of the personal/business property: Incentives $ _ <br />C. ❑ YES ® NO A manufactured home is included in the purchase price. <br />If YES, enter the value attributed to the manufactured home: $ <br />❑ YES ®NO The manufactured home is subject to local property tax. If NO, enter decal number: <br />D. ❑ YES a NO The property produces rental or other income. <br />If YES, the income is from: ❑ Lease/rent ❑ Contract ❑ Mineral rights ❑ Other: <br />E. The condition of the property at the time of sale was: ® Good ❑ Average ❑ Fair ❑ Poor <br />Please describe: <br />CERTIFICATION <br />I certify (or declare) that the foregoing and all information hereon, including any accompanying statements or documents, is true and correct to the best of my <br />knowledge and belief. <br />SIGN E OF BU RjTItANSFER R CORPORATE OFFICER �' DATE TELEPHONE <br />, 12-10-20 1(650)780-7301 <br />NA E OF BUYERn RANSFEREE/LEGAL REPRESENTATIVE/CORPORATE OFFIC (PLEASE PRINT) TITLE E-MAIL ADDRESS <br />City of Redwood City/Melissa Stevenson Diaz City Manager mdiaz@redwoodcity.org <br />The Assessor's office may contact you for additional information regarding this transaction. <br />