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Property Address: 1231 Warren St., #105 Redwood City
<br />17.
<br />1 a.
<br />19.
<br />20.
<br />Date: 9/7/21721
<br />performed at Seller's expense may be performed by Seller or through others, provided that the work complies with applicable Law,
<br />Including governmental permit, inspection and approval requirements. Repairs shall be performed in a good, skiftlul manner with
<br />materials of quality and appearance comparable to existing materials. it is understood that exact restoration of appearance a cosmetic
<br />items following all Repairs may not be possible. Seller shall: (1) obtain invoices and paid receipts for Repairs performed by others; (if)
<br />prepare a written statement indicating the Repairs performed by Seiler and the date of such Repairs; and (ill) provide Copies of invoices
<br />and paid receipts and statements to Buyer prior to final verification of condition.
<br />PRO RATIONS OF PROPERTY TAXES AND OTHER ITEMS: Unless otherwise agreed in writing, the following items shall be PAM
<br />CURRENT and prorated between Buyer and Seller as of Close Of Escrow: real property taxes and assessments, interest, rents,
<br />HOA regular, special, and emergency dues and assessments imposed prior to Close of Escrow, premiums on insurance assumed
<br />by Buyer, payments on bonds and assessments assumed by Buyer, and payments on Mello -Roos and other Special Assessment
<br />District bonds and assessments that are now a lien. The following items shall be assumed by Buyer WITHOUT CREDIT toward the
<br />purchase price; prorated payments on Mello -Roos and other Special Assessment District bonds and assessments and HOA special
<br />assessments that are now a lien but not yet due. Property will be reassessed upon change of ownership. Any supplemental tax bills
<br />shall be paid as follows: (i) for periods after Close Of Escrow, by Buyer; and (tf) for periods prior to Close Of Escrow, by Seller (see
<br />C.A.R. Form SPT or SBSA for further information). TAX BILLS ISSUED AFTER CLOSE OF ESCROW SHALL BE HANDLED
<br />DIRECTLY BETWEEN BUYER AND SELLER. Prorations shall be made based on a 30 -day month.
<br />BROILERS. None
<br />A. COMPENSATION: Selle— r, or both, as applicable, agree to pay compensation to.E pecified in a separate written
<br />agreement between BroO ilerorBuyer, Compensation is payable upon Cion-• orif escrowdoes notclose, as
<br />otherwise specified in the agr� ,4en Broker and that Seller or Buyer.
<br />B, SCOPE OF DUTY: Buyer and Seller . e and agree that Broker: (i) f' ue what price Buyer should pay or Seller
<br />should accept; (!I) Does not guarantee n of the Property: .,t guarantee the performance, adequacy or
<br />completeness of inspections, services, prom._ provid 'eller or others; (iv) floes not have an obligation
<br />to conduct an inspection of common areas or area, ,ty; (v) Shall not be responsible for identifying defects
<br />on the Property, in common areas, or offsite unless sue wally observable by an inspection of reasonably accessible
<br />areas of the Property or are known to Broker; (viS .,P for inspecting public records or permits concerning the
<br />title or use of Property; (vii) Shall not be resp9n4 ,yn. 'n of boundary lines or other items affecting title; (viii)
<br />Shall not be responsible for verifying squar ..presentation_ • information contained in Investigation reports,
<br />Multiple Listing Service, advertisemer" .,,nor promotional mate, - '1 not be responsible for determining the fair
<br />market value of the Property or ar rope tiy included in the sale; (x, y responsible for providing legal or tax
<br />advice regarding any aspec, Mior•. entered into by Buyer or Seller;a "not be responsible for providing
<br />other advice or informs' eeds the knowledge, education and experience . perform real estate licensed
<br />activity. Buyer and Seller, to seek legal, tax, insurance, title and other desired assist m appropriate professionals.
<br />REPRESENTATIVE CAPACITY: If one or more Parties is signing this Agreement in a representative capacity and not for him/herself as an
<br />individual then that Parry shall so indicate in paragraph 31 or 32 and attach a Representative Capacity Signature Disclosure (C.A.R. Form
<br />RCSD). Wherever the signature or initials of the representative ldentifled in the RCSD appear on this Agreement or any related documents,
<br />it shall be deemed to be in a representative capacity for the entity described and not in an Individual capacity, unless otherwise indicated.
<br />The Parry acting in a repres onfail ve capacity (i) represents that the entity for which chat party is acting at ready exists and (If) shall Deliver
<br />to the other Party and Escrow Holder, within 3 Days After Acceptance, evidence of authonly to act in that capacity (such as but not limited
<br />to: applicable portion of the trust or Certification Of Trust (Probate Code §181[74.5], letters testamentary, court order, power of attorney,
<br />corporate resolution, or formation documents of the business entity).
<br />JOINT" ESCROW INSTRUCTIONS TO ESCROW HOLDER:
<br />A. The following paragraphs, or applicable portions thereof, of this Agreement constitute the joint escrow Instructions
<br />of Buyer and Setter to Escrow Holder, which Escrow Holder is to use along with any related counter offers and addenda,
<br />and any additional mutual instructions to close the escrow: paragraphs 1, 3, 4B, 5A, 6, 7, 10C, 13, 14G, 17, 18A, 19, 20, 26,
<br />29, 30, 31, 32 and paragraph D of the section titled Real Estate Brokers on page 10. If a Copy of the separate compensation
<br />agreement(s) provided for in paragraph 18A, or paragraph D of the section titled deaf Estate Brokers on page 10 is deposited
<br />with Escrow Holder by Broker, Escrow Holder shall accept such agreament(s) and pay out from Buyer's or Seller's funds, or
<br />both, as applicable, the Broker's compensation provided for in such agreement(s). The terms and conditions of this Agreement
<br />not set forth in the specified paragraphs are additional matters for the information of Escrow Holder, but about which Escrow
<br />Holder need not be concerned. Buyer and Seller will receive Escrow Holder's general provisions, if any, directly from Escrow
<br />Holder and will execute such provisions within the time specified in paragraph 7C(1)(c). To the extent the general provisions are
<br />inconsistent or conflict with this Agreement, the general provisions will control as to the duties and obligations of Escrow !-folder
<br />only. Buyer and Seller will execute additional instructions, documents and forms provided by Escrow bolder that are reasonably
<br />necessary to close the escrow and, as directed by Escrow Holder, within 3 (or ) Days, shall pay to Escrow Holder or HOA
<br />or HOA management company or others any fee required by paragraphs 7, 10 or elsewhere in this Agreement.
<br />B. A Copy of this Agreement including any counter offers) and addenda shall be delivered to Escrow Holder within 3 Days After
<br />Acceptance (or ). Buyer and Seller authorize Escrow
<br />Holder to accept and rely on Copies and Signatures as defined in this Agreement as originals, to open escrow and for other
<br />purposes of escrow. The validity of this Agreement as between Buyer and Seller is not affected by whether or when Escrow
<br />Holder Signs this Agreement. Escrow Holder shall provide Seller's Statement of Information to Title company when received
<br />from Seller. If Seller dellvers an affidavit to Escrow Holder to satisfy Seller's FIRPTA obligation under paragraph 10C, Escrow
<br />Holder shall deliver to Buyer a Qualified Substitute statement that complies with federal Law.
<br />C. Brokers are a p to the escrow for o! rose of compens pt"S to paragraph i nd paragraph D of the
<br />section titled Rea a Broker. ,, ge 1 r and S vacabfy , n to Bra mpensation specified in
<br />paragraph 1 BA, and irr - I Of E r t t an
<br />other mutually executed for
<br />consent of Brokers. an
<br />Holder's payme, roker(s) of car
<br />D. Upon receipt, Escrow Holder shall
<br />paragraph 3A and 3B. Once Escrow
<br />Buyer's Initials (
<br />ct Escrow Hol those funds to or scrow or pu soon o y
<br />agreement. Co n instructions can be or revoked only with the written
<br />r shall relea-- of I ss Escrow rom bility resulting from Escrow
<br />tic suant to this A , nt.
<br />pro tde Seller and Seller's Brok r verification of Buyer's dep sit of funds pursuant to
<br />Molder becomes aware of any of the following, Escrow Holder shall immediately notify all
<br />RC_
<br />Sellers Initials i )L---•)
<br />o-rro-rt�un,rr
<br />RPA REVISED 1,2118 (PAGE 7 OF 10)
<br />CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA PAGE 7 OF 10)
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