HomeMy WebLinkAbout04-15-14 J 150561D105
REV-1500 EX�oz_��>�Ft> �
enns lvania OFFICIAL USE ONLY
PA Department of Revenue PF,q 7Mf Y County Code Year File Number
Bureau of Individuat Taxes INHERITANCE TAX RETURN
PO BOX 280601 � I'� I� ��
Harrisburg PA l�lz8-o6o1 RESIDENT DECEDENT
ENTER DECEDENT INFORMATION BELOW
Social Security Number Date of Death MMDDYYYY Date of Birth MMDDYYYY
11/05/2012 10/04/1947
DecedenYs Last Name Suffix DecedenYs First Name MI
GEQRGE DARRYL E
(If Applicable)Enter Surviving Spouse's Information Below
Spouse's Last Name Suffix Spouse's First Name MI
Spouse's Social Security Number
THIS RETURN MUST BE FILED IN DUPLICATE WITH THE
REGISTER OF WIL�S
FILL IN APPROPRIATE OVALS BELOW
C� 1.Original Return O 2.Supplemental Return O 3. Remainder Return(Date of Death
Priorto 12-13-82)
O 4.Limited Estate O 4a. Future Interest Compromise(date of O 5. Federal Estate Tax Return Required
death after 12-12-82)
O 6.Decedent Died Testate O 7. Decedent Maintained a Living Trust _ 8. Total Number of Safe Deposit Boxes
(Attach Copy of Will) (Attach Copy of Trust.)
O 9. Litigation Proceeds Received O 10.Spousal Poverty Credit(Date of Death O 11. Election to Tax under Sec.9113(A)
Between 12-31-91 and 1-1-95) (Attach Schedule O)
CORRESPONDENT- THIS SECTION MUST BE COMPLETED.ALL CORRESPONDENCE AND CONFIDENTIAL TAX IN MATION SHOU E DIR�1B[!T0:
Name Da�n�"elephon�mb�j 0
—q
Joseph D. Buckley � � � � � �
�'.> I,�fpER O ILL9"�S NLY ,
.�' • ?� �;s C�
c� rj � 'O `Tt "Tt
First Line of Address n � � � "� �
O � n
1237 Holly Pike � � r�— rn
� � �' Q i
Second Line of Address �'" -.a �
i
City or Post Office State ZIP Code DATE FILED
Carlisle PA 17013
CorrespondenYs e-mail address: JOeBLaw 801.COPT1
Under penalties perjury,I declare that I ave examined this return,including accompanying schedules and statements,and to the best of my knowledge and belief,
it is true,corre nd complete.Declarat' n of prep r er than the personal representative is based on all information of which preparer has any knowledge.
ATU F S N SP LE FO I ETURN DATE
02/26/2014
1237 Holly Pike, Carlis e, PA 17013
SIGNATURE OF PREPARER OTHER THAN REPRESENTATIVE DATE
ADDRESS
PLEASE USE ORIGINAL FORM ONLY
Side 1
� 1505610105 1505610105 �
� 1505610205
REV-1500 EX(FI)
DecedenYs Social Security Number
oecedent's Name: DARRYL E GEORGE
RECAPITULATION
1. Real Estate(Schedule A). . . .. . . . . . . . . . . . .... . .. ... ..... . . . .. . .... . . . . 1. 75,000.00
2. Stocksand Bonds(Schedule B) .. .. ... ... .. .. . .. . . . ..... .... . ..... ... . 2. 0.00
3. Closely Held Corporation, Partnership or Sole-Proprietorship(Schedule�C) . . .. . 3. 0.00
4. Mortgages and Notes Receivabie(Schedule D) . . .. . . . .. .. . .. ... .. . . . .. ... 4. 0.00
5. Cash, Bank Deposits and Miscellaneous Personal Property(Schedule E). .. ... . 5. 116,976.12
6. Jointly Owned Property(Schedule F) O Separate Billing Requested . .. . . . . 6.
7. Inter-Vivos Transfers&Miscellaneous Non-Probate Property
(Schedule G) O Separate Billing Requested.. . .. ... 7.
8. Total Gross Assets(total Lines 1 through 7). ... . . .. .. . . ... . ... .. . .. ... . . 8. 191,976.12
9. Funeral Expenses and Administrative Costs(Schedule H). .. .. . . . .. . . . . .. . . . 9. 25,882.00
10. Debts of Decedent, Mortgage Liabilities and Liens(Schedule I). . . .. . . . .. . . . .. 10. 2,046.74
11. Totai Deductions(total Lines 9 and 10). . . ... . .. .. . . ... . . . .. . . . .. . . . . .. . 11. 27,928.74
12. Net Value of Estate(Line 8 minus Line 11) . . ..... ..... .. ... . . ... . .. .. ... 12. 164,047.00
13. Charitable and Governmental Bequests/Sec 9113 Trusts for which
an election to tax has not been made(Schedule J) .. ..... .. . .. . .... . .. .. .. 13. 0.00
14. Net Value Subject to Tax(Line 12 minus Line 13) .... . ..... . .... . .... . . . . 14. 164,047.00
TAX CALCULATION-SEE INSTRUCTIONS FOR APPLICABLE RATES
15. Amount of Line 14 taxable
at the spousal tax rate,or
transfers under Sec. 9116
(a)(1.2)X.0_ 15.
16. Amount of Line 14 taxable
at lineal rate X.0 45 16. 7,382.13
17. Amount of Line 14 taxable
at sibling rate X.12 17.
18. Amount of Line 14 taxable
at collateral rate X.15 18.
19. TAX DUE ... .. . .. ... . . ... .. . .. .. . .. . .. . . . . . .. . ..... . .. .. . . . .. . . . . . 19. 7,382.13
20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT �
Side 2
� 1505610205 150561D205 �
REV-1500 EX(FI) Page 3 File Number
Decedent's Complete Address:
DECEDENT'S NAME
DARRYL E GEORGE
STREETADDRESS
39 South 36th Street
CITY STATE ZIP
Camp Hill PA 17011
Tax Payments and Credits:
1. Tax Due(Page 2,Line 19) (1) 7,382.00
2. CreditslPayments
A.Prior Payments 7,500.00
B.Discount 375.00
Total Credits(A+g) (2) 7,875.00
3. Interest
(3) 493.00
4. If Line 2 is greater than Line 1 +Line 3,enter the difference. This is the OVERPAYMENT.
Fill in oval on Page 2,Line 20 to request a refund. (4)
5. If Line 1 +Line 3 is greater than Line 2,enter the difference.This is the TAX DUE. (5)
Make check payable to: REGISTER OF WILLS, AGENT.
PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS
1. Did decedent make a transfer and: Yes No
a. retain the use or income of the property transferretl.......................................................................................... ❑ �
b. retain the right to designate who shall use the property transferred or its income ............................................ ❑ �
c. retain a reversionary interest .............................................................................................................................. ❑ �
d. receive the promise for life of either payments,benefits or care?...................................................................... ❑ �
2. If death occurred after Dec. 12, 1982,did decedent transfer property within one year of death
without receiving adequate consideration?.............................................................................................................. ❑ �
3. Did decedent own an"in trust for"or payable-upon-death bank account or security at his or her death?.............. ❑ �
4. Did decedent own an individual retirement account,annuity or other non-probate property,which
contains a beneficiary designation? ........................................................................................................................ � ❑
IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES,YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN.
For dates of death on or after July 1, 1994,and before Jan. 1, 1995,the tax rate imposed on the net value of transfers to or for the use of the surviving spouse
is 3 percent[72 P.S.§9116(a)(1.1)(i)].
For dates of death on or after Jan. 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 0 percent
[72 P.S.§9116(a)(1.1)(ii)].The statute does not exempt a transfer to a surviving spouse from tax,and the statutory requirements for disclosure of assets and
filing a tax return are still applicable even if the surviving spouse is the only beneficiary.
For dates of death on or after July 1,2000:
• The tax rate imposed on the net value of transfers from a deceased child 21 years of age or younger at death to or for the use of a natural parent, an
adoptive parent or a stepparent of the child is 0 percent[72 P.S.§9116(a)(1.2)J.
. The tax rate imposed on the net value of transfers to or for the use of the decedenYs lineal beneficiaries is 4.5 percent,except as noted in[72 P.S.§9116(a)(1)].
• The tax rate imposed on the net value of transfers to or for the use of the decedenYs siblings is 12 percent[72 P.S. §9116(a)(1.3)].A sibling is defined,
under Section 9102,as an individual who has at least one parent in common with the decedent,whether by blood or adoption.
REV-1737-2 EX+(6-08)(FI)
��� :;'' pennsylvania SCHEDULE A, PART 1
DEPARTMENT OF REVENUE REAL ESTATE
INHERITANCETAXREfURN IN PENNSYLVANIA
NONRESIDENT DECEDENT
ESTATE OF FILE NUMBER
DARRYL E GEORGE 21-12-1182
Part 1 must include all real property owned by the decedent individually or as a tenant in common with another party(ies), having its
situs in Pennsylvania. Property jointly-owned with right of survivorship should be disclosed on Schedule F. All real estate must be
reported at fair market value,which is defined as the price at which property would be exchanged between a willing buyer and a
willing seller, neither being compelled to buy or sell and both having reasonable knowledge of the relevant facts.
ITEM
NUMBER DESCRIPTION VALUE AT DATE OF DEATH
t. 39 South 36th Street,Camp Hill, PA 17011 (residential) 75,000.00
PART 1 TOTAL 75,000.00
$
PART 2 TOTAL
(From reverse side.) $
TOTAL (Also enter on Line 1, Recapitulation) $
75,000.00
(If more space is needed, use additional sheets of paper of the same size)
REV-iso8 EX+(o8-iz)
� pennsylvania SCFIEDULE E
DEPARTMENTOFREVENUE CASH, BANK DEPOSITS & MISC.
INHERITANCE TAX RETURN PERSONAL PROPERTY
RESIDENT DECEDENT
ESTATE OF: FILE NUMBER:
DARRYL E GEORGE 21-12-1182
Include the proceeds of litigation and the date the proceeds were received by the estate.
All property jointly owned with right of survivorship must be disclosed on Schedule F.
ITEM VALUE AT DATE
NUMBER DESCRIPTION OF DEATH
1. CITIZENS BANK CHECKING ACCOUNT 107,264.28
2 Payroll Holy Spirit Hospital 3,747.30
3, Refund Clairmont Home 499.00
4. Patient First 20.00
5, US Savings Bond 78,58
g, Vacation pay Holy Spirit Hospital 5,366.96
TOTAL(A�so enter on Line 5, Recapitulation) $ 116,976.12
If more space is needed,use additional sheets of paper of the same size.
REV-1737-6 EX+(6-08)
SCNEDULE G
= � `'"�� pe'nn5�/�Van�a Use Schedule G, Part 2, ONLY for
' DEPARTMENT OF REVENUE INTER-VIVOS TRANSFERS & proportionate method of tax computation.
MISC. NON-PROBATE PROPERTY
INHERITANCE TAX REfURN
NONRESIDENT DECEDENT
ESTATE OF FILE NUMBER
DARRYL E GEORGE 21-12-1182
Part 1 must include all transfers of real estate and tangible personal property located in Pennsylvania.
Complete Part 2 ONLY when the proportionate method of tax computation is elected.
Include in the description of property the date the transfer was made and the name and relationship of the transferee.This schedule
must be completed and filed if the answer to questions 1 through 4 on the reverse side of the REV-1737 cover sheet is yes.
-�• •- • -�• • � � �
DESCRIPTION OF PROPERTY
ITEM Include the name of the transferee,the relationship to Decedent and the date of transfer. DATE OF DEATH %OF DECD'S EXCLUSION
NUMBER Attach a copy of the deed for real estate. VALUE OF ASSET INTEREST (IF APPLICABLE) TAXABLE VALUE
1.
PART 1 TOTAL $ $ $ 0.00
•
DESCRIPTION OF PROPERTY
ITEM Include the name of the transferee,the relationship to Decedent and the date of transfer. DATE OF DEATH %OF DECD'S EXCLUSION
NUMBER Attach a cop of the deed for real estate. VALUE OF ASSET INTEREST IF APPLICABLE) TAXABLE VALUE
�� Stephanie George(50%)Pension Plan Holy Spirit Hospital 78,000.00 50 78,000.00 0.00
2 Michael George(50%) Pension Plan Holy Sprit Hospital 78,000.00 50 78,000.00 0.00
PART S TOTAL $ $ $ 0.00
TOTAL (Also enter on Line 7, Recapitulation.) $ 0.00
(If more space is needed, use additional sheets of paper of the same size)
REV-1737-6 EX+(6-08)
REVERSE
SCHEDULE H
� � pennsylvania FUNERAL EXPENSES & Use Schedule H ONLY for proportionate
�" oePnRTMervr oF aevENUe method of tax computation.
ADMINISTRATIVE COSTS
INHERITANCE TAX REfURN
NONRESIDENT DECEDENT
ESTATE OF FILE NUMBER
DARRYL E GEORGE 21-12-1182
Debts of decedent must be reported on Schedule I.
ITEM NUMBER DESCRIPTION AMOUNT
A. FUNERALEXPENSES:
�� mUSSELMAN fUNERAL hOME 3,545.00
B. ADMINISTRATIVE COSTS:
1. Personal Representative's Commission(s)
Name(s)of Personal Representative(s)
(Submit requested information for additional personal representative's on additional sheets)
Social Security Number(s)or EIN Number(s)of Personal Representative(s)
Street Address(es)
Ciry(ies) State(s) ZIP(s)
Year(s)Commission Paid
Z• Attorney Fees 18,150.00
3. Probate Fees 725.00
4• AccountanYs Fees
5• Tax Return Preparer's Fees
6• Miscellaneous Expenses
Travel, meals and lodging for Florida Administrator
2,400.00
Clean-up costs and waste disposal
953.00
FedEx expenses
109.00
TOTAL (Also enter on Line 9, Recapitulation.) $
25,882.00
(If more space is needed, use additional sheets of paper of the same size)
REV-1512 EX+ (12-1Z)
� pennsylvania SCHEDULE I
DEPARTMENTOFREVENUE DEBTS OF DECEDENT,
INHERITANCE TAX RETURN MORTGAGE LIABILITIES & LIENS
RESIDENT DECEDENT
ESTATE OF FILE NUMBER
DARRYL E GEORGE 21-12-1182
Report debts incurred by the decedent prior to death that remained unpaid at the date of death,including unreimbursed medical expenses.
ITEM VALUE AT DATE
NUMBER DESCRIPTION OF DEATH
1• UGI 169.22
2 PPL 138.44
3 West Shore Animal Hospital 864.02
4 American Water Company 162.40
5. Hampden Township(Sewer and Trash Bill) 170.56
6. Holy Spirit Hospital 100.00
7. Adrew and Patel, PC(Dr.bill) 160.00
8 Orthopedic Institute of PA 40.00
9. Comcast 126.92
10 Sprint 92.50
11 QLT rental(phone) 22.68
TOTAL(Also enter on Line 10, Recapitulation) $ 2,046.74
If more space is needed,insert additional sheets of the same size.
REV-1513 EX+ (01-10)
�� y pennsylvania SCHEDULE J
� DEPARTMENT OF REVENUE
INHERITANCE TAX RETURN BENEFICIARIES
RESIDENT DECEDENT
ESTATE OF: FILE NUMBER:
DARRYL E GEORGE 21-12-1182
RELATIONSHIP TO DECEDENT AMOUNT OR SHARE
NUMBER NAME AND ADDRESS OF PERSON(5)RECEIVING PROPERTY Oo Not List Trustee(s) OF ESTATE
I TAXABLE DISTRIBUTIONS[Include outright spousal distributions and transfers under
Sec.9116(a)(1.2).J
1. Stephanie Ann George 28200 Charity Lane,Hillard,FL 32046 daughter 50%
2. Michael A.George 8015 Page Wood Lane,Houston TX 77063 son 50%
ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18 Of REV-1500 COVER SHEET,AS APPROPRIATE.
II NON-TAXABLE DISTRIBUTIONS
A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT TAKEN:
1,
B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS:
1.
TOTAL OF PART II— ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET. $
If more space is needed,use additional sheets of paper of the same size.
_ , .:,> , . ��. ���..�.,.��...� .,.3, �..�,�� ��.�,-..�.�.,.�. � ,_�
�� �_�
REGISTER OF WILLS CERTIFICATE OF
CUMBERLAND COUNTY GRANT OF LETTERS
PENNSYLVANIA ADMINISTRATION
,
P1fY
No. 2012- 01182 PA No. 21- 12- 1 �82
Es ta te Of: DARRYL E GEORGE
(First,Middle,Lastl
La te Of: HAMPDEN TOWNSHIP
CUMBERLAND COUNTY
Deceased
Social Securi ty No: 165-36-4213
GtTHEREAS, DARRYL E GEORGE
/Fiist,Middle,LasU
late of HAMPDEN TOWNSHIP CUMBERLAND COUNTY
died on the 5th day of November 2012 and,
WHEREAS, the grant of Letters of Administration
is required for the administration of the estate.
THEREFORE, I, GLENDA FARNER STRASBAUGH , Register of Wi11s in and
for CUMBERLAND County, in the Commonwealth of Pennsylvania, have
this day granted Letters of Administration to:
STEPHANIE ANN GEORGE and JOSEPH D BUCKLEY
who have duly qualified as ADMINISTRATOR (RIX) of the estate
of the above named decedent and have agreed to administer the estate
according to law, all of which fully appears of record in my office at
CUMBERLAND COUNTY COURT HOUSE, CARLISLE, PENNSYL VANIA.
IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed the seal
of my office on the 16th day of November 2012.
�i < ��� <, ` .
� ,
`�! � � \�c�_�._�,J C�.'�.i����a.1��.
Register of Wrlls
.
'��`�C�. (��,r) vr,L �-_ _-.._
'.,....�l �Deputy
**NOTE** ALL NAMES ABOVE APPEAR (FIRST, MIDDLE, LAST)
, 1. By this Agreement,dated December28,2012 , �
_ Seller hereby agrees to sell and convey to Buyer,who agrees to purchase,the identified Proper.ty. .
? 2. PURCHASE PRICE AND DEPOSTTS(1-10) ' ' ' � •' ' � � ' •
-� {A)Purchase Price$ 75,000.00
� Seventy-five thousan dollars and zero cents)
� U.S.Dollars),to be paid by Buyer as follows:
•� ' 1. Deposit at signing of this Agreement: $ 1,000.00 •
� 2. Deposit within days of the Execution Date nf this Agreement: $ •
9 3. �
�;rr 4. Remaining balance will be paid at settlement. •
�i (S) All funds paid by Buyer,including deposits,will be paid by check,cashier's checic or wired funds.All funds paid by Suyer
i�. within 30 DAYS of sett[ement,including funds paid at settlement;will be by cashier's check or wired funds,but nqt by per-
�s sonal check. . . • � '
ia (C) l�eposits,rega�•dless of the form of payment and the person designated as payee,will be paid in U.S.Dollars to Broker£or Seller •
;s ' �(unless otherwise stated here: ' � �'
i� who will retain deposits in an escrow account in conformity�vith all applicable laws and regulations until consummation or ter-
z? mination of this Agreement.Only real estate brokers are required to hold deposits in accordance with the rules and regulations of
i� the State Reai Estate Commission. Checks tendered as deposit monies may be held uncashed pending the execution of this
�.a Agreement. �
�a 3. SELLER ASSIST¢f Applicable) (1-10)
:i Sellei•will pay $ •00 or 0.00 % of Purchase Price (0 if not specified) toward
zz Buyer's costs, as permitted by the mortgage lender, if any. Seller is only obligated to pay up to the amount or. percentage whicl� is .
zz approved by mortgage lender. � • � ' ' • , � �
za 4. SETTLEMENT AND POSSESSION(1-10) � . . � � ' •
rys (A) Settlement Date is�anuary 13,2013 .. ,or before if Buyer and Seller agree.
: u,�. (B) Setttement will occur in the county where the Property is located or in an adjacent county,during normal business hours,unless
�; Buyer and Seller agree otherwise. •
•?s (C) At time of settlement,the following will be pro-rated on a daily basis between Buyer and Seller,reimbursing where.applicable:
a�� . current taxes (see Notice Regarding Real Estate Taxes);rents; interest on mortgage assumptions; condominium fees and home- .
at; owner association fees;water and/or sewer fees,together with any other lienable municipal service fees.All charges,will be pro-
:,i rated foi the period(s)covered. Seller will pay up to and including the date of settlement and Buyer.will pay for all days follow-
�? ing settlement,unless otherwise stated here:
:,:
?.a (D) Conveyance from Seller will be by fee simple deed of special warranty unless otherwise stated here:
:�,
u, (E) Payment of transfer taxes will be divided equally between Buyer and Seller unless otherwise stated here:
?s (F) Possession is to be delivered by deed,existing keys and physical possession to a vacant Property free of debris,with all structures
;,�� broom-clean,at day and time of settlement,unless Seller,before signing this Agreement,has identified in writing that the Property
�r} is subject to a lease.
.�i (G) If Seller has identified in writing that the Property is subject to a lease,possession is to be delivered by deed,existing keys and
a� assignment of existing ieases for the Property,together with security deposits and interest,if any,at day and time.of settlement.Seller ,
.�� ' wil] not enter into any new leases,nor extend e;cisting leases,'for the Properly without the written consent of Buyer. Buyer will • . .
a-� �acknowledge existing lease(s)by initialing the lease(s)at tfie ezecution of this Agreement,unless o.thenyise s#ated in this A�reement. . ,
.4., ❑ Tenant-Occupied Property Addend'um (PAR Form TOP) is attached.
tr, 5. DA'TES/TIME IS OT THE ESSENCE(1-10).. _
�t (A} Written acceptance of all parties will be on or before:Saturday,December 29,2012 •
.;t (B) The Settlement Date and all other dates and times identified for the performance of any ob(igations of this Agreement are of the
ai essence and are binding. �
;+; (C} The Execution Date of this Agreement is the date when Buyer and Seller have indicated full acceptance of this A�reement by sign-
s� ing and/or initialing it.For purposes of this Agreement,the number of days wiil be counted from the�;cecution Date,excluding
•.,�. the day this Agreement was executed and including the]ast day of the time period.All changes to this Agreement should be ini-
sa tialed and dated.
;a (D) The Setllement Date is not extended by any other provisiou of tl�is Agreement and may only be extended by mutual written agree-
c; ment of the parties. ' �
�r� (E) Certain terms and time periods are pre-printed in this Agreement as a convenience to the Buyer and Seller.All pre-printed te►tns
�; and time periods are negotiable and may be clianged by siriking out the pre-printed text and inserting dif!'ereni terms acceptab(e
;s to all parlies.
�n 6. ZONING(1-10}
��� Failure of ihis Agreement to contain ihe zoning class�cation (except in cases where the property {and each parce]thereof,if subdi-
r�i vidable} is zoned solely or primarily to permit single-family dwellings)will render this Agreement voidable at Buyer's option,and,if
�_ voided,any deposits tendered by the Buyer will be returned to the Buyer without any requirement for court action.
��a Zoning Classification: Residential
c;.q Buyer Initials:--����%/ �� ASR Page 2 oF 11 Scllcr Initinls:,��/
Revised 1/12
�s '7. FIXTURES AND PERSONAL PROPERTY(1-10)
• s��� (A) INCLUDED in this sale are.all e;cisting items permanently installed in the Property, free of liens, and other items including
�: plumbing;heating;radiator covers;�lightirig fixtures(including chandeliers and ceiling fans);pool and spa equipment(including • .
'�:s covers and cleaning equipment);electric animal fencing systems(excluding collars);garage door openers and transmitters;tele- ,
c�� vision antennfls;unpotted shrubbery,plantings and trees; any remaining heating and cooking fuels stored on the Pr.operty at the
'r% time of�settlement;smoke detectors and carbon monoxide detectors;sump pumps;storage sheds;fences;mailboxes;wa(1 to,wall
' 'r� carpeting; existino window screens, storm windows and sereen/storcn doors; window covering hardware, shades and blinds;;•
.= awnings;built-in air conditioners;built-in appliances;the range/oven,unless otherwise stated;and,if owned,water treatment sys- , �
'-? •tems,propane tanks,satellite dishes and security systems.Also included: Washer,Refrigerator �
°+'> (B) The following items are LEASED(not owned by Seller).Contact the provider/vendor for more.information(e.g:,water treatmerit
�J�� � systems;propane tanks,satellite dishes and security systems): .'
+� (C) EXCLUD�D fixtures and items: �f�f/�1�7� .� �>/��� (` � "' ���'✓�'�Z° ,
��
.'i� g, MORTGAG�CONTINGENCY(1-10)
ni, � WAIVED. This sale is NOT contingent on mortgage financing,although Buyer may obtain mortgage financing and/or the par- � •
�� ties may include an appraisal contingency.
s2 ❑ ELECTED:
" (A) This sale is contingent upon Buyer obtaining mortgage�nancing according to the following terms: .
K� First Mortgage on the Property Second Mortgage on the Property •
ss Loan Amount$ Loan Amount$
,�s. � Minimum Terrn years . Minimum Term yeats. , :•
�i Type ofmortgage • � Type ofmortgage �
ss 'Loan-To-Vaiue(LTV)ratio: . Loan-Tavalue(LT�ratio: • .
<<? . For non-FHANA]oans LT'V ratio not to exceed % For non-FHA/VA loans LTV ratio not to exceed • %: . .
%{� Mortgage lender • • � � Mortgage lender • .
�� . Interest rate %;however,Buyer•Agrees to accept the Interest rate %; however,.�uyer agrees to accept the � .
4? interest rate as may be committed..by tlie mortgage lender,not• interest rate as may be committed by the mortgage lender,notto .
�-� to exceed a maximum interest rate of %. . . . exceed�a maximum interest rate of %.. • :
'�s Discount points, loan origination, loan placement and other fees Discount points, loan origination, loan placement and other fees .
�r� charged by the lender as a percentage of the mortgage Ioan(exclud- chatged by the lender as a percentage•of the mortgage loan(exclud- .
r ing any mortgage insurance premiums or VA funding fee)not to ing any mortgage insurance premiums or VA funding fee) not to • .
�+d exceed %(0%if not specified)of the mortga;e loan. exceed %(0%if not specified)of the mortgage loan. .•, •
3�r (B) 'The interest rate(s)and fee(s}provisions in Paragraph 8(A}are satisfied if the mortgage lender(s)gives Buyer the right to.guar- .
itx3 � ' antee flie interest�rate(s)and fee(s)at or below the maximum levels stated.If lender(s)gives Buyer the right to lock ip the inter- •
is�i est rate(s),Buyer will do so at least 1,�days before Settlement Date.Buyer gives Seller the right,at Seller's sole option apd..
i{r_• as permitted by law and the mortgage lender(s),to contribute financially,�without promise of reimbursement,to the Buyer and/or
1<.�� the mortgage lender(s)to make the above mortgage term(s)available to Buyer.
t�r� (C) Within days(7 if not specified)from the Execution Date of this Agreement,Buyer will make a completed,written mort-
ios gage.application (including payment for and ordering of appraisal and credit reports without delay; at the time required by
�r,c �lender(s))for the mortgage terms and to the mortgage lender(s) identified in Paragraph 8(A), if any, otherwise to a responsible '.
in� � mortgage Ierider(s)of Buyer's choice.Broker for Buyer,if any,otherwise Broker for Seller, is authorized to communicate with •
�r,,�� the mortgage'lender(s)to assist in tlie mort�age loan process: , �' '
lo�i (D) Buyel'wili be in default of this Agreement if Buyer furnishes faise information to anyone concerning Buyer's financial
tt� and/or employment status,fails to cooperate in good faith with processing the mortgage loan application(including delay
��t of the appraisal),fails to lock in interest rate(s)as stated iri Paragraph 8(B),or otherwise causes the lender to.reject,refuse
it� to approve or issue a mortgage Ioan commitment.
ii; (E) 1. Mortgage Commitment Date: . Upon receiving a mortgage commitment, Buyer will
11•a promptly deliver a copy of the commitment to Seller.
i i� 2. If Seller does not receive a copy of the mortgage commitment(s) by the Mortgage Commitment Date, Seller may tenninate
il�, this Agreement by written notice to Buyer. Seller's right to teiTninate continues until Buyer deliv.ers a.mort�age commitment
�i J to Seller.Until Seller terminates Uiis Agreement,Buyer is obligated to make a good=faith eEfort to obtain mortgage�nancing,.
11� 3. Seller may tern�inate tl�is Agreement by written notice to Buyer after ihe Mortgage Commitment Date�if the mortgage commitment:�.
i i�� a. Does nofi satisfy tl�e terms of Paragrapl� 8(A),OR
1��� �b. Contains any condition not specified in this Agreement(e.g.,the Buyer must settle on another property,an appraisal must :
i;,i be received by the lender,or the mortgage commitment is not valid through the Settlement Date)that is not satisfied and/or
1�•; removed in writing by ihe mortgage lender(s) within 7 DAYS after tl�e Martgage Commitment Date in Paragraph •
�;;z 8(E)(1), or any extension thereof, other f.han those conditions that are customarily satisfied at or near settlement (e.g.,
1�,+ obtaining insurance,confrming employment).
�;,; 4. If tl�is Agreement is terminated pursuant to Paragraphs 8(E)(2)or(3),or the mortgage loan(s)is not obtained for settlement,
��.�; all deposit monies will Ue returned to Buyer according to the terms of Paragraph 23 and this Agreement will be VOID.Buyer
i�,r will be responsible for any costs incurred by Buyer for any inspections or certifications obtained according to the terms of
;�H this Agreernent,and any costs incurred by Buyer for:(1)Title search,titIe insurance and/or mechanics'lien insurance,or any
i;�> fee for cazlcellation;(2}Flood insurance,fire insurance,hazard insurance,mine subsidence insurance,or any fee for cancel-
i:so lation; Appraisal fees and charges paid in advance to mortgage lender(s).
i J� Buyer InitiAis:_y����/ �� ASR Pnge 3 of 11 Scllcr Initials: ,��'1�/----���"�!
Revised l/12
;» (F) If the mortgage lender(s), or a property and.casualTy insurer providing insurance required by the mortgage lender(s}, requires
�,;: . • repairs to the Prope.rty,Buyer will,upon receiving the requirements,deliver a copy of the requirements to Seller:Within �5 .
i,.� • DAYS of receiving the copy of the requirements,Seller will notify Buyer whether Se(ler will make the required repair•s at Seller's.
�:;;; expense. • . .
i a�, 1. If Seller makes the required repAirs to the satisfaction of the mo►�tgage lender and/or insurer,Buyer accepts.the Property and
,;;� . agrees to the REL�ASE in Paragraph 25 of this Agreement. �
.i t5� . 2. .If Seller will not make the.required repairs,or if Seller fails to respond within.the stated time,Buyer will,withi� 5. ..
;:;:i . DAYS,uotify Seller of Buyer's choice to: . • • ' ' �
i.,;> a. ]vfake the repairs/improvements at Buyer's expense,with permi'ssion and acce§s to the Property given by Seller, which
zai will not be unreasonably withheld,OR • '�
i.��� b. Terminate this Agreement by written notice to Seiler,with all deposit monies retiurned to Buyer acc.ording to ihe tern�s of. ,
,,,? ' ' Paragrapl�23 of tl�is Agreement,
iw,.G If Buyer fails to respond within the time stated in Paragraph 8(F)(2)or fails to terminate thisA;reement by written notice
;<l; � to Seller within that time,Buyer will accept the Property and agree to the RELEASE in Paragraph 25 of this Agreement. .
i�fy • • FHA/VA,ITA.PPLICABLE. '
i•:,; (G) It is expressly agreed that notwithstanding any other provisions of this contract,Buyer will not be obligated to complete the pur-
�<:�; chase of the Property described herein or to incur any penalty by forfeitare of earnest money deposits or otherwise unless Buyer
i.:,s� has been given,in accordance with HUD/FHA or VArequirements,a written'statement by the Federal Housing Commissioner,
i��� Veterans Administration, or a Direct Endorsement Lender setting forth the appraised value of the Properiy of not less than '
;;� g (the Purchase Price as stated in this Agreement).Buyer will have tl�e privilege and option of
i:a proceeding with consummation of the contract without regard to the amount of the appraised valuAtion..The appraised valuation .
iy.:. is arrived at to determine the maximum mortgage the Department of Housing and Urban Development will insure. AUD does. , ,
. >>-� not warrant the value nor ihe condition of tl�e Property.Buyer should satisfy himself/herself that the price.an.d condition..of the .
zs�. Property are acceptable.; � ,
i�a .WArning: Section 1010 of Title 18, U.S.C., Department of Housing and Urban Development and Federal Housing .
zs? � Administration Transactions,provides,"Whoever for the paipose of. . .influencing in any way the action of such Department;
i�s .makes,passes,utters or publishes any staterrient,knowing the same to be false shall be fined under this title or imprisoned not ,
isv �more than two.years,or both." � • � '� '
,.�,« � (H) U.S.Department of Housing and Urban Development(HUD).NOTICE TO PURCHA.SERS:Buyer's Acknowledgement
�r.i ❑ Buyer has receiyed the HUD Notice"For Your Protection: Get a Home Inspection"Buyer understands the importance of
i�:! : getting an independent home inspection and has thought about this before signing this Agreement. Buyer understands that ,
<«: : � FHA will not perform a home inspection nor guazantee the price or condition of the:Property. . .
zaa (I) Certification We the undersigned, Seller(s) and Buyer(s)pariy to this transaction each certi£y that the terzns of this cont'ract .
. i�ss . for purchase are true to•the best of our knowledge and belief,and that any other agreement entered into by any of these.parfiies
ir�; in conuection witli thistransaction is attached to this Agreement. •
ar.� 9; CHANGE IN$.UYER'S FINANCIAL STATUS(3-11) gu er shall iom tl nof Seller and
E�5 In the event of a change in Buyer's financial status affecting Buyer's'ability to purchase, y p' p Y �Y
iE,�� lender(s)to whom the Buyer submitted mortgage appiication,if any.A change in financial status includes,but is not limited to,loss
i;;� or a change in employment;failure or loss of sale of Buyer's home;Buyer's having incurred a new fmancial obligation; entry of a
�-� judgment against Buyer,Buyer understands that applying for and/or incurring an additionat•finnncial obligation may affect .
i;:� Buyer's ability to purchASe: . . , • ' ' ' • .
a`' 10.SELLER REPRESENTATIONS{1-10) . � . � ° � .
i7-� (A) Radon Testing and Remediation(See Notice Regarding Radon)
. �?: Seller hns no knowledge about the presence or absence of radon unless checked below; . .• �
�7r,' ' �❑ 1. Seller has knowledge that the Property was tested on the iiat�s and by the methods(e.g. charcoal oanister,a1p11a track, .
z-^ etc.),which produced the results indicated below: •
i�� Date Type of Test Results(picoCuries/liter or working levels) Nazne of Testing Service
�„�
i eo
z;�i ❑ 2.. Seller Iias knowledge that the Property had radon remoyal system(s)installed as indicated below:
i 6•� , Date Installed Type of System Prov.ider �
»� �
��-�
,;�s Copies of all available test reports wifl be delivered to Buyer with this Agreement:Selter does not warrant the meth-
i�r, ods or the results of radon tests. . '
�a� (B) St�tus of Water .
tts Sellcr represents that the Property is served by: �
�:��i � Public Water ❑ Community Water ❑ O�i-site Water 0 None 0
l�n (C) Status of Sewer •
iar Seller represents that the Properly is served by:
isa° Gl Public Sewer ❑ Community Sewage Disposal System ❑Ten-Acre Permit E:cemption(see Sewage Notice 2)
i�s ❑ Individual On-lot Sewage Disposal System(see Sewage Notice 1) ❑Holding Tank(see Sewage Notice 3)
is�� ❑ Individual On-lot Sewage Disposal System in Pro�imity to Well(see Sewage Notice 1;see Sewage Notice 4,if applicable)
i�s ❑ None(see Sewage Notice 1)�None Available/Perrnit Limitations in�ffect(see Sewage Notice 5)
,o�; ❑
�u? Bnycr L►itials: /_�. ASR Page 4 of 11 Seller Liitials:��/
Revised i/12
;�i� (D) Historic Preservation � '
..���:; _ Seller is not�aware of historic preservation restrictions regarding the Property unless otherwise stated here; .
��tip . . . , ,
r,+,i (E) ❑ Property,or a portion of it,is preferentially assessed for tax purposes under the fol lowing Act(s)(see Notices Regarding Land
�t:,•� . Use Restrictions): �
<<}.x O Farmland and Forest Land Assessment Act(Glean and Green Program;Act 319 of 1974;72 P.S..§ 5490.1 et seq.) �
�t�� ❑ Open Space Act(Act 442 of 1967;32 RS. §5001 et seq.) . - �
r,;, O Ab icultural Area Security Law(Act 43 of 1981;3 P.S. §9d1 et seq,)
.,f, CI Other ,
zt7:: (E) Seller represents that,as of the date Seller sib ed this Agreement,no pablic improvement,condominium or homeowner associa-
�c>;e '• tion assessments have been made against il�e Property which remain unpaid, and that no notice by. any gove;nmerit or public
1,�y authority has been served upon Seller or anyone on.Seller's behalf,including notices relating to violations of zoning,housing,
�,cf building,safety or fire ordinances tl�at remain uncorrected, and that Seller knows of no condition that wauld constitute a viola-
•�i i tion of any.such.ordinances that remain uncorrected,unless otherwise specified here:
,�,,
=��• (G) Seller knows of no other potential notices(including violations) and/or assessments except as follows:
>i-�
� z�= (FI) Access to a public road may require issuance of a highway occupancy permit from the Department of Transportation.
'�� 11.WAIVER OF CONTINGENCIES(9-Q5) • ` • � '
?�? If this Agreement is contingent on Buyer's right to inspect and/or repair the Property,or to verify insurability,environmental
�is. conditions,boundaries,certifications,zoning clsssification.or use, or any oti►er.informAtion regarding the Property,Buyer's
?��3 failure to exercise any of Buyer's options wit6in the times set forth in this Agreement is a WAIVER of that eontingency and
�if Buyer accepts the Property and agrees to the RELEASE in Paragraph 25 of this Agreement. . � • •
��.� 12.INSPECTIONS(1-10)(See Notices Regarding Properiy and Environmental Inspections)
z�:� (A) Rights and R.esponsibilities •��
r�.� • 1. Seller will"provide access to insurers'representatives and,as may be required by this Agreement or by mbrtgage l�nder(s},to
. r�6 sucveyors,municipal officials,appraisers and inspectors.AIl parties and their rea]estate licensee(s)may attend any•inspections.
2�: 2. Buyer may make a pre-settlement walk-through inspection of the Property.Buyer's right to this inspection is not waived by
�?a any othei�'provision of this Agreement. '. ' � ' ' '' ' �
?�- 3. Seller,will hAVe heating and all utilities(including fuel{s))on for all inspections/appraisals.:
;.?4 4: All inspectors;including home inspectors,are authorized by Buyer to provide a copy of any inspection Report to Broker for B.uyer. .
zas 5. Seller has the right,upon request,to receive a free copy of any inspection Report from the party for whom it.was prepared. . ,
• .z�o (B) Bayer waives'or elects at Buyer's expense to have the following inspections, certifications, and investigations (referred to as
�=a �`Inspection" or"Inspections")performed by professional contractors,home inspectors, engineers,architects•and other properly•
�:�r licensed or otherwise qualif ed professionals.If tl�e same inspector is inspecting more than one system;the inspector must com-
h3? ' ply with the�Home Inspection Law.(See Notice Regarding the Home Inspection Law) : ..�` . . ..
z:��F (C). For elected Inspection(s),Buyer will,within the Contingency Period(s)stated in Paragraph 13(A),'complete Inspections,obtain any
��s Tnspection Reports or resu3ts(refen•ed to as"Report"or"Reports"),and accept the Properiy,terminate this Aa eement, or submit a
z3:� Written Corrective Proposal(s)to Seller,according to the terms of Paragraph 13(B). •
��•; Home/Property Inspections and Environmental Hazards(mold,etc.)
z�:. Elected. Buyer may. conduct an inspection of ihe Property's structuxal components; roof; exterior windows and:exterior. ad
� �,n / doors;ezterior siding,Exterior Insulation and Finish Systems,fascia,gutters and downspouts;swimming pools,Uot /�
xau ! tubs and spas;appliances;electrical systems;interior and exterior plumbina,public sewer systems;heating and.cool- •
�aa ing systems; water penetration; electromagneti.c fields; wetlands and tlood plain delineation; structure.square •
;a;. footage;mold and other environmental hazards(e,g.,fungi,indoor air quality,asbestos,underground storage tanks,
�a:s etc.);az�d any other items Buyer may select.If Buyer elects to have a home inspection of flie Property,as,defined in
aaa the Home Inspection Law,the home inspection must be performed by a full memUer in good standing of a national .
�as home inspection association,or a person supervised by a full member of a national home inspection assocjation,in
z:h accordance with the ethical standards and code of conduct or practice of that association,or by a properly lieensed
aa� or registered engineer or architect.(See Notice Regarding the Home Inspection Law)
z�� . Wood Infestntion
zaU Elected Buyer may obtain a written"Wood-Destroying Insect Infestation Inspection Report"from an inspector certi�ed as��EVed
zsr� / a wood-destroying pests pesticide applicator and will deliver it and ail supporting•documents and drawings provid- !,�
:�r ed by the inspector to Seller.The Report is to be made satisfactoiy to and in eompliance with applicable laws,mort-• .
z;;: gage lender requirements,and/or Federal Insuring and Guaranteeing Agency reguirements.The Inspection is to be
z:��s limited to all readily-visible and accessible areas of all structures on the Property,except fences. If the Inspection
zsn reveals active infestation(s),Buyer, at Buyer's Expense,may obtain a Proposal from a wood-destroying pests pes-
z;s ticide appticator to treat the Property.If the Inspection reveals da�nage from active or previous infestation(s),Buyer
7s�> may obtain a written Report from a professional conta�actor,home inspector or structural engineer that is limited to
z,� st�•ucttiral da�nage to the Property caused by wood-destroying organisms and a Proposal to repair the Properiy.
ass Water Service
��° Elected Buyer may obtain an Inspection of the quality and quantity of the water system from a properly licensed or otherwise�ed
ar.•a / qua[ified water/well testing company. If and as required by the inspection company, Seller, at Seller's expense,will /�s
�r,t locate and provide access to the on-site.(or individual)water system.Seller witl.restore the Pzoperty to its previous con-
?t:z dition,at Seller's expense,prior to settlement.
� �� ASR Pugc 5 of 11 Sc[Icr Initials: �°Y�/ �"�
<r�3 Buycr IniG�ls: "—i�
—:�/���
Revised 1/12
=�a Radon
::;r,5 Elected •Buyer.may obtain a radon test of the Property from a certified inspector. The U.S. Environmental Protection j�d
:��;f, / Agency (EPA) advises corrective action if the average annual exposure to radon is equal to or higher than.0.02 / S.S
zr,-; working levels or 4 picoCuries/titer(4pCi/L). ' `
x�:� On-lot Sewage(IfApplicable)
. z:,�, Elected Buyer may obta.in an lnspection of.the individuai on-lot sewage disposal system from a qualifed, professional W '�ed
�;�� ! inspector.If and as required by the inspection company, Se11er,at Seller's expense,will locate,pr,ovide access to,�!. S�
z�:i and empty the individual on-lot sewage disposal system. Seiler will restore the Property to its previous condition, ;
;»�� at Seller's expense,.prior to sett(ement. See paragraph 13(C)for more information regarding the Indi��idual.Qn-lnt
.. .. � Sewage Inspection Contingency. � ' �
��-s . Property Insurance• � ' � ` �
�?:� Elected Buyer may determine the insurability of the Properiy by making application for properly•and casualty insurance for�ed.
�?a / � the Property to•a responsible insurer.Broker for Buyer, if any,other•wise Broker for Seller,may communicate with / S�
the insurer to assist in the insurance process. I£the Property is located in a flood plain,Buyer may be required.to
.�7s carry flood insurance at Buyer's expense,which may need to be ordered 14 days or more prior to Settlem.ent Date.
??; Property Boundaries '
.��t} �lected Buyer may engage the services of a surveyor, title abstractor, or other qualified professional to assess the legal W 've
,�?1 /. descripCio.n,.cerrainty and location of boundaries and/or quantum of land.Most Sellers have not had the Pra�eriy�/�.
�a_- surveyed as it is not a requirement of property fransfer in Pennsylvania,Any fences,hedges,walls and other�natural •
��: or consn•ucted barriers may or may not represent the true boundary lines of the Property.Any numerical represen- •
�s.� tations of size of property are approximations only and may be inaccurate. .
?y; Deeds,Restrictions and Zoning • • ' �
i,c. Elected Buyer may investigate easements,deed and use restrictions(inciuding any historic preservafion restrictions or ordi ved
z;�? / nances)that apply to the Property and review local zoning ordinances.Buyei may verify that the present use of the}�/�� �
<sa Property (such as in-law quarters, apartnients, home office, day care) is permitted and may elect to make the .
���, Ab eement contingent upon an anticipated use.Present use: . "• ' '
;,��.�} � Lead-Bused Paint Hazards(For Properties prior to 1978 only) �
�>r Elected Before Buyer is obligated to purchase a residential dwe.11ing built prior to 1978,Buyer has the option to conduct a rved
;r+� / risk as,sessment and/or inspection of the Property.for.the�presence of lead-based paint and/or lead-based paint haz-��/�'
���? ards unless Buyer waives that right.Regardless of whether this inspection is elected or waived,the Resid¢ntial . � •
z� Lead-Based Paint Hazard Reduction Act requires a Seller of property built prior to 1978 to provide t�e • •
�;; Suyer with an EPA-approved lead hazards information pamphlet titled Protect Your Family from.Lead i.n . • • •
�yi; � Your Home,along with a'separate form,attached to this Agreement,disciosing Seller's knowledge o€lead- .
��r; . �based paint hazards and any lead-based paint recor�s regarding the Property. (See Notices Regarding � .
;,y; . Residential Lead-Based Paint Hazard Reduction Act). , �
�?� Other�. . � Waived
auo Elected .. . � .
�oz / • —
z�l�
:>�3 The Inspections elected above do not apply to the following existing conditions and/or items:
�ti4 , . . . . � . � � � .
:>Qi . . _ . . .
�ai 13.INSPECTION,CON.TINGENCY(1-10) . ... . • � • � - • •
:>a7 . (A) The Contiingency Period is days(10 if not specified)from the Execution Date of this Agreement for each Inspection elect- .
it»s ed in Paragraph 12(C),except the following:
:>o� .Inspection(s) . Contingency Period da s
=�z; • Y
days
sti • days
«i..
days
:>r:s
�xi� (B) Except as stated in Paragraph 13(C),if the result of any Inspection elected in Paragraph 12(C)is unsatisfactoiy to Buyer,Buyer
�is will,within tN,e stated Contingency Period:
a i u 1. Accept the Prope.rty with U�e information stated in the Report(s)tind agree to the ItELEASE in Para�,ai'aph 25 of this.Agreement,OR •
.i� 2. Terminate this Agreement by writien notice to Seller,with all deposit monies returned to Buyer according to the terms of
�ia Paragraph23.�ofthisAgreement,OR
si a 3. Pre,sent the Report(s)to Seiler with a Written CorrecNve Proposal("Proposal")lis6ng correcHons and/or credits desired by Buyer.
��c� T1ie Proposal may,but is not required to,include the name(s)of a properly licensed or qualified professional(s)to perform the cor-
:a i . rections requested in the Proposal,provisions for payment, including retests,and a projected date for completion of the correc- .
>��� tions.•Buyer agrees that Seller will not be held liable.for con�ections that do not comply witl�mortgage lender or govemmental
���; requirements if perfonned in a workmanlike manner according to the terms of Buyer's Proposal.
;�a a. No later than days(5 if not specified)from the end of the Contingency Period(s),Seller will inform Buyer in writ-
�?5 ing that Seller will:
,<<; (1) Satisfy all the terms of Buyer's Proposal(s),OR
:?°� (2)Not satisfy all the terms of Buyer's Proposal(s}
�;s b. If Seller agrees to satisfy the terms of Buyer's Proposal, Buyer accepts the Property and agrees to the RELEASE in
�_�.r Paragrlph 25 of this Agreement.
;so c. With' days(2 if not specified)of the receipt of written notification that Seller wi11 not satisfy�l t�s of yer's
:>a� Buycr Initi�Is:�� J� ASR Page G of 11 Sellcr Initiuls:�_/
lteviscd 1/12
;__ Proposal, or the time stated in paragraph 13(B)(3)(a)if Seller fails to choose either option in writing,whichever occurs
?:; first,Buyer will:
;;.3:� � , (i)Accept the Property.with the infor.mation stated in the Report(s) and agree,to the ILELEASB in Paragraph 25.of this
;:;: � Agreement,OR
:;,ar (2)Teiminate this Agreement by written notice to Seller,with all deposit monies returned to Buyer according to the terms. .
A:;:�; of Paragraph 23 of this Agreement,OR ,• •
��� . � (3)Enter into a mutually acceptab.le written agreement.with Seller, providing for.any repairs or imgrovements to fihe
;,�; � Properly and/or any credit to Buyer at setClement,as acceptable to the mortgage lender,if any. . � •
;R�}. If Buyer fails to respond within the time.stated in Paraaraph.l3(B)(3)(c)or fails to terminate this Agreement by .
��ai . written notice to Seller within that time,Buyer will accept the Property and agree to the RELEASE.in Paragraph .
>.t� 25 of this Agreement.. •
<s.,� , (C). If a Reporl:reveais the need to expand or replace tl�e existing individual on-lot sewage disposal system, Seller may,within
;:.a•� days(25 if not specifed)of receiving the Reporc,submit a Proposal to Buyer.The Proposal wil.l include,but not be Iimited to,the .
�as � name of the company to perFomi the expansion or replacement;provisions for payment,including rete�is; and a projected com-'
.��r. pletion date for corrective measures.Within 5 DAYS of receiving Seller's Proposal,or if no Proposal is provided within the
�.n stated time,Buyer will notify Seller in writing of Buyer's choice to:
�.�;. 1. Agree to the terms of the Proposal,accept the Property and agree to the RELEASE in Paragraph 25 of this Agreement,OR
n.;e 2. Terminate this Agreement by written notice to Seller, with all deposit.monies returned to Buyer according to tl�e terms of
i:;� Paragraph 23 of this Agreement,OR �
3s�, 3. Accept the Property and'the exisring system and agree to the.RELEASE in Pazagraph 25 of this Agreement.If required by any . .
�;_� mortgage lender and/or any governmental authority,Buyer will correct the defects before settlement or within the time required
:,s? by the mortgage lender and/or governmental authority,at Buyer's sole expense,wifli permission and access to the Property given
�7.s: by Seller,which may not be unreasonably withheld.If Seller denies Buyer permission and/ar access to coirect the defects,Buyer
' zs;�; . may,within 5 DAYS of Seller's denial,terminate this Agreement by written notice to Seller,with all deposit monies returned
l:;r . � to Buyer according to the terms of Pa��agraph 23 of this Agreemen� . � •
� :�.�� If Buyer fails to respond within the time stated in Paragraph 13(C)or fails�to terminate this.Agreement by written notice
?:;, to Seller within that time,Buyer will accept the Property and agree to the RELEASE in Paragraph 25 of this Agreement. • � ..
:,�� 14.NOTICES,ASS�SSMENTS AND MUMCIPAL REQUIREMENTS(1-10) ' • � •: . ' •
tix� , (A) In the event any notices,including vioIations,and/or assessments are received after Selier,has signed this Agreement and before
:;�<:�; ...'.' �settlement,Seller will within 5 DAYS of receiving the notices and/or assessments provide a copy of the notices and/or assess-
u,� � .ments to Buyer and rvill notify Buyer in writing that Seller wiil: • • •
��? ' .1. .Ful1y coinply with the notices and/or,assessments, at.Seller's expense, before settlement:If Seller fully. complies with the . .
Ir,� ' notices and/or assessments,Buyer accepts the Property and agrees to the RELEASE in Paragraph 25 of this Agreement,OR
��,; � 2. Not comply with the notices and/or assessments.If Seller chooses not to comply with the notices and/br assessments,or fails
u,c; within the stated time fo notify Buyer whether Selier will comply,Buyer will notify Seller in writing within 5 DAYS
:>�,7 that Buyer will:
;f,s �a. Comply with the notices and/or assessments at Buyer's expense, accept the Property, and agree to the .RELEASE in .
• ;,;o •. - • Paragraph 25 of this Agreement,OR " " ' �' •
;�:�� ' b. Terminate this Agreement by written notice to Seller,with al]deposit monies returned to Buyer according to the terms of
:>=a ' Paragraph 23 of this Agreement.
i"z If Buyer fails to respond within the tim e stated in Paragraph 14(A)(2)or fails to terminate this Agreement by written notice
:>7:s • to Seller within that time,Buyer will accept the Property and agree to the RELEASE in Paragraph 25 of this Agreemen� . •
;-a :. '�'(B) If required by law,within.��DAYS from the Execution D�te of this Agreement,but in no case later than 15 .DAYS•prior to.
�ts. : Settlement Date,Seller will order at Seller's expense a certifcation from the appropriate municipal deparlment(s)disclosing notice
<+-o� � � of any uncorrected violations of zoning,housing,building,safety or fire ordinances and/o'r a cerliFcate perntitting oecnpancy of the .
:>�7 Property. I{'Buyer receives a notice of any required repairs/improvements,Buyer�vill promptly deliver a copy of the notice to Seller.
��-K 1. Within 5 DAYS of receiving notice fi•om tl�e municipality that repairs/improvements are required, Seller will�deliver a :
;7y ' copy of the notice to Buyer and notify Buyer in writing that Seller will:
:s;�c, a. Make the required repairs/improvements to the satisfaction of the municipality. If Seller makes the required
;�;E " ' repairs/improvements,Buyer'accepts the Property and agrees to the RELEASE in Paragraph 25 of this Agreement,OR
3;�;. b. Not make the required repairs/improvements.If SelIer chooses not to make the rec�uired repairs/improvements,Buyer will
:ss notify Seller in wri.ting within 5 DAYS tUat Buyer will:
7sa (1) Make the repairs/improvements at Buyer's eapense,with permission and access to the Property gi�en by Seiler,whicli.
3ss will not be unreasonably withheld;OR � '
3�:; (2) Terminate this Agreement by written notice to Seller,with all deposit monies returned to Buyer according to the terms •
;s� of Paragraph 23 of fliis Agreement. . .
:,��; . If Suyer fails to respond within the time stated in Paragr�ph 14(B)(1)(b) or fails to terminate this Agr.eement by
;s�� � written notice to Seller within that#ime,Buyer will accept the Property And agree to the RELEASE in PAragraph
}ac> '" " 25 of this AgreemenY,�nd Buyer accepts the responsibility to perform the repairs/improvements according to the �
tyi terms of the notice provided by tl�e municipnlity. � ,
:raz 2. If Seller denies Buyer permission to make the required repairs/improvements, or does not provide Buyer access before
?t>> Settlennent Date to make the required repairs/improvements,Buyer may,within 5 DAYS,terminate tliis Agreement by
;a.a written notice to Seller,wiUi ail deposit monies returned to Buyer according to the terms of Paragraph 23 of this Agreement.
14$ 3. If repairs/improvements are required and Seller fails to provide a copy of the notice to Buyer as required in this Paragraph,Seller
;�s; will perform all repairs/improvements as required by tlie notice at Seller's expense.Paragrapla 14(B)(3)will survive settlement.
� �� ASR Page 7 of 11 Seller Initials: ��/---���
:>9'? Buyer IniHals:�
Revised 1/12
_<.,. 15.CONDOMINIUM/PLANNED COMMUNITY(HOM�OWNER ASSOCIATIONS)RESALE NOTICE(1-10)
;;�� Property is NOT a Condominium or part of a Planned Community unless checked below. �
�+Y� ❑ CONDOMINNM.The Property is a unit of a condominium that is primarily run by a unit owners'association.Seetibn 3407 of the � •
.�tif� �Uniform Condominium Act of Pennsylvania(see Notice Regarding Condominiurris and Planned Communities)rec�uires Selter to
a+�;; furnish Buyer with a Certificate of Resale and copies of the condominium declaration(other than plats and plans),the bylaws and
ht�R the rules and regulations of the association. . ,
�oa ❑ PLANNED COMMUNITY(HOMEOWNER ASSOCIATION).The.Properiy is parl of a planned community as defned by the
.ic;; Uniform Planned Community Act(see Notice Regarding Condominiums and Planned Communities). Section 5407(a)of the Act �
_+;;, requires Seller to furnish Buyer witl� a copy of the Deciaration(other than plats and plans),the bylaws,the rules,and regulations
.cs� � of the association,and a Cercifcate containing the provisions set fortl�in section 5407(a)of the Act. . .
atrs THE FOLLOWINGAP:PLIES TO PROPERTIES TAATARE PART OFA CONDOMINIUM ORAPLANNED GQMMiTNITY. , .
a(y9 (A) Within 15 DAYS from the Execution Date of this Agreement,Seller,at Seller's expense,will request from the association a : .
-�fo Certificate of Resale arid any other documents necessary to ei�able Seller to comply with the relevant Act.The Act provides that .
�ii the a§sociation.is required to provide these documents within 10 days of Seller's rec�uest. � • �
�tt;,. (B) Seller will promptly deliver to Buyer all documents received from the association.Under the Act,Seller is not Iiab(e to Buyer for. . ; .
.�i.� the failure of the association to provide the Certificate in a timely manner or for any incorrect informatioir provided by the asso-
��a ciation in the Certificate. .
ai s (C) The Act provides that Buyer may declare this Agreement VOID at any time before Buyer receives the association documents and
aia for 5 days after receipt, OR until settlement,whichever occurs first. Buyer's notice to Seller must be in writing; upon Buyer
���- declaring this Agreement void, all deposit monies will be.returned to Buyer according to the terms of Paragraph 23 of this ..
.a�x Ab eement.
riis� (D) lf the association has the right to buy the Property(right of first refusal),and the association exercises that right,Seller will reim-
_�:�.a burse Buyer for any costs incurred by Buyer for any inspections or certifioations obtained according to the tenns�of,the Agreetnent,.
�+z� and.any costs incuned by Buyer for:(1)Title search,title insurance and/or mechanics'lien insurance,or any fee for cancellat'►on;
a^z (2)Flood insurance,fire insurance,hazard insurance,mine subsidence insurance,or any fee for cancellation; (3)Appraisal fees
4?�s and charges paid in advance to mortgage lender. • -
•?�a 16.TITLES,SURVEYS AND COSTS(1-12) .. • •
� ��2s �(A) The Property will be conveyed with good and.marketable title that is insurable by a reputable title insurance.company at the.reg- .
-i_�; ular rates,free and clear of all liens,encumbranc.es,and easements,excepting however the following:existing deed restrictions;
� �:�r historic pre9ervation restrictions or ordinances;building restrictions;ordinances;easements of roads;.easements visible upon the
..r<s ground;easernents of record;and privileges or rights of public service companies,if aziy. . • .
ar�� (B) Buyer will pay for the following: (1)Title search;title insurance and/ox mechanics'lien insurance,.or any fee for cancellation;;
.i3r, ' (2)Flood insurance,fire insurance,hazard insurance,�mine subsidence insurance,or any fee for cancellatiop; (3)Appraisal fees•
a;t and chArges paid.in advance to mortgage]ender;,.{4)Buyer's customary settlement costs and accruals.�. . . . . : .
.i;2 (C) Any survey.or surveys required by the title insurance company or the abstracting company for pre.paring an adequate legai ..
:;; description of the Property(or the correction thereo fl wi l l be o btaine d an d pai d f o r b y S e l l e r.A n y s u rv e y o r s u rv e y s d e s i red b y
.,a� Buyer or requir.ed by the mortgage lender will be obtained and.paid for by Buyer. . � . . .
a:s (D) If Seller is unable to give good and marketable title that is insurable by�a reputable title insurance company at the regular rates,as. ...
.�+r, specified in Paragraph 16(A),Buyer may terminate this Agreement by written notice to Seller,with all deposit monies retumed to
s�; Buyer according to the terms of Paragraph 23 of this Agreement. Upon termination, Seller will reimburse Buyer for any costs •
a�s incurced by Buyer for any inspections or certifications obtained according to the terms of this Agreement,and for those items spec-
. . a:;�i ified in Paragraph J.6(B)items(1),(2),(3)and in Paragraph.16(C). , •'
.,aa (E) Oil,gas,mineral,.or other rigl�ts of this Property may have been previously conveyed or leased,and Se11eFS make no representa-
aai tion about the status o�those rights unless in.dicated elsewhere in this Agreement. . • .
<,az ❑ Oil,.Gus and Minerat Rights Addendum (PAR Form OGM)is attached.. .
a.;:� (F) COAL NOTICE(Where Applicable)
�:4.1 THIS DOCUMENT MA1 NOT SELL,CONVEY�TRANSFER,lNCLUDE OR 1NSURE THE.TITLE TO THE.COAL AND RIGHTS OF SUPPORT.UNDERNEATFI
�.ss TIIE SURFACE LAND DESCRIBED OR REFERRED TO IiERE1N,AND TFIE OWNER OR OWNERS OP SUCFI COAL MAY I3AVE TI3E COMPLETH LEGAL .
5q6 RIGHT TO REMOVE ALL SUCH.COAL AND IN TFIAT.CONNECTION,DAMAGE MAY RESULT TO TFIG SURFACE OF TI�LAND AND ANY.HOUSE,
a.i°. BUILDING OR Ol'HER STRUCTURE ON OR IN SUCIi LAND. �TIl1S IIOf1C0 1S Set fO.CCY1 Iri C}16 ri711]ACi pLOViC18d]ri SOCttOIl 1 Of tI].e ACt Of
�+as 7uly 17, 1957,P.L.984.)"Buyer acknowledges that he may not be obt�.ining the right of protection against subsidence resulting
aa�t from coal mining operations,and ihat the property described herein may be protected from damage due to mine suUsidence by a
����f private contract with the owners of the economic interests in the coal.This acknowledgement is made for tlle purpose of com-.
asi • plying with the provisions of Section 14 of the$ituminous Mine Subsidence and the Land.Conservation Act of April 27, 1966.'.'
a;� Buyer agrees to sign the deed fronx Seller which deed will.contain the aforesaid provision.
.as? (G) The Property is not a"recreational cabin" as defined 'ui the Pennsylvania Const�vction Code Act unless otlierwise stated here (See
a;.� Notice Regardino Recreational Cabins):
•as4 (H) This property is not subject to a Private,Transfer Fee Obligation unless otherwise stated here(see Notice Re�arding Private Transfer
,i;t; Fees): .
as° C] Private Transfer ree Addendum (PAR Form PTT)is attached.
a;s 17.MAINTENANCE AND RISK OF LOSS(1-10)
asv (A) Seller will maintain the Properiy,grounds,tixtures a�id personal px�operty specificalty listed in this Agreement in its present con-
,�ri�} dition,normal wear and tear excepted.
-;c;� (B) If any system or appliaaice included in tlie sale of Property fails before settlement,Seller will:
�+r,� 1. Repair or replace the failed system or appliance before settlement,OR
.ic? 2. Provide prompt written notice to Buyer of Seller's decision to:
,Fr4 a. Credit Buyer at settlement for the fair market value of the failcd system or appliance,as acceptable to t e mortgage lender,
a�;� if an R Q�/�� .,
�S6 Buycr Initia[s:--'�-! �� ASR Puge 8 of 11 Sellcr IniHals: I f{c t
' D n..:.....1 1/Y'f
a��r b. Not repair or replace the failed system or appliance, and not credit Buyer at settlement for the fair market value of the
;r„ failed system or appliance. .
��;� • � 3. If Seller does not repai�or replace ttie failed system or appiiance o'r agree to credit Buyer for its fair market value,or if Seller.
�•:�c� fails to notify Buyer of Seller's choice,Buyer will notify Seller in writing within 5 DAYS or before Settlemerit Date,
.�;x whichever is earlier,that Buyer will: '
��-;. a. Accept the Property and agree to the RELBASE in Paragraph 25 of this Agreement,OR
<<rs b. Terminate this Agreement by written notice to Seller,with all deposit monies returned to Buyer according to the terms of
3~a Paragraph 23 of this Agreement. ' ` •
.;s If Buyer faits to respond within the time stated in Paragraph 17(B)(3)or fails to terminate this.Agreement by�written .
a�t� notice to Seller within that time;Buyer will accept the Property and agree to the RELEASE•in P�ragraph ZS of this, .
a;! Agreement. �
.?�; (C) Seller bears the risk of loss from fire or otlier casualties until settlement.If any property included in this sale is destr.oyed and not
a�s� replaced prior to settlement,Buyer�vill:
a;u� 1. Accept tl�e Property in its t6en current condition together with the proceeds of an��insurance recovery obtainable by Seller,OR .
��ni 2. Terminate this Agreement by written notice to Seller, with all deposit monies returned to Buyer according to the terms of
a�z Paragraph 23 of this Agreement. ' ' •
»s:s 18.HOME WARRANTIES(1-10)
a� At or before settlement,either pariy may purehase a home warranty for the Propert}�from a third-pariy vendor.Buyer and Seller under-
.ss stand that a home warranty for the Property does not alter any disclosure requirements of Seller,will not cover o'r warrant any pre-
•��� existing defects of the Property,and will not alter,waive or extend any provisions of this Agreement regArding inspections or eertifi-
ae; cations that Buyer has elected or waived as part of this Agreement.Buyer and Seller understand that a broker who recommends a home
•a�x warranty may have a business relationship with the home warranty company.that provides a financial benefit.to.the broker. .
�+�s� 19.RECORDING(9-05) ' ' � �
•�a��c� . This Ab eement will not be recorded in the.Office of the Recorder of Deeds or in any other offiee or place of public record.If Buyer •
�+y� � causes or permits this Agreement to be'recorded,Selter may elect to treat such act as a default of this Agreeme�t. �
.��n 20.ASSIGNM�NT(1-10)
a�i� This Agreement is binding upon the parties,their heirs,personal representatives,guardians and successors,and to the extent assigna-
••��>� ble,on the assigns of the parti.es hereto.Buyer will not transfer or Assign this Agreement without the written conSent of Seller unless •
af+�+ otherwise stated in this Agreement.Assignmerifi of tl�i5 Agreem.ent may result in additional transfer.taxes. . :
�.ae�,.21.GOVERNING LAW,VENUE AND PERSONAL JURTSDIC.TION (9-OS) ' � � • �'
at�; (A) The validity and construction of this Agreement,and the rights and duties of the parlies,will be governed�.in accordance wiYh the .
aas ' � laws of the Gommomvealth�of Pennsylvania. '' •
a�:l (B) The parties agree that any di"spute,controversy or claim arising under or in connection with this Agreement or its perfornaance by
s{�o �' either pariy submitted to a court shall be�led exclusively by and in the state or federal courts sitting in the Commonwealth of .•
•;o+ Pennsylvania. ' . . . . .
sn: 22.REPRESENTATIONS(1-10)� � �
>+�.� (A} All representations, claims, advertising, promotional activities, brochures or plans of any kind made by Seller, Brokers,their
•s� licensees, employe6s, officers or partners are not a part of this Agreement unless expressly incoiporated or stated in.this
,t;5 Agreement.Th3s Agreement contains the whole agreement between Seller and Buyer,and there aze no other terms,obligations;
.,e;, covenants, representations, statements or conditions, oral or otherwise, of any kind whatsoever concerning this sale. This
,+>? Agreement will not be altered,amended,changed or modified except in writing executed by the parties.
sr.s (B} Unless otherwise stated in t6is Agreement,Buyer has inspected the Property(including fixtures and aay'personal Qrap- .
;rn� • erty specifcally listed herein) before signing this Agreement or has waived the right to do so,and agrees to pur.chase the
s�a Property IN ITS PRES�NT CONDITION,subject to inspection contingencies elected in this Agreement.Buyer acknowl� ' .
:;,i edges that Brokers,their ticensees,employees,officers o'r�parfners'huve not made an independent examination or deter-
si�� mination of the structural soundness of the Property,the age or condition of the components,environmental conditions,
�.sa� the permitted uses,nor of conditions existing in the locale where the Property is situated;nor have they made a mechan- .. ;
sia ical inspection of any of tl�e systems contained therein. • �
:i: (C) Any repairs required by this Agreemcnt will be completed in a workmanlike manner.
s�a (D) Broker(s)l�a've provided or may provide services to assist unrepresented parties in complying with this Agreement.
;�� 23.D�I'AULT,TERMINATION ANI7 RETURN Or DEPOSITS(1-16) •
��s (A) Where Buyer terminates this Agreement pursuant to any riglrt granted by this Agreement,Buyer will be entitled to a return of.
;i�� All deposit monies paid on account of Purchase Price pursuant to the terms of Paragraph 23(B), and this Agreement will be
;z!� VOID.Termination of this Agreement may occur for other reasons giving rise to claims by Buyer and/or Seller for the deposit ..
:>i monies.
sz� (B) Regardless of the apparent entitlement to deposit monies,Pennsylvania law does not allow a Broker holcling deposit monies to
::�.� determine who is entitled to the deposit monies when settlement does not occur. Broker can only release the deposit monies:
sz•i 1. If this A�reement is terminated prior to settlement and there is nb dispute over entitlement to the deposit monies:A written
��G agreement signed by both p�rties is evidence that there is no dispute regarding deposit nlonies.
�Zr 2. If,after Broker has received deposit monies,Broker receives a written agreement that is signed by Buyer and Seller,direct-
�::; ing Broker how to distribute some or all of the deposit monies.
' �?a 3. According to the terms of a tinal order of court.
;?�i 4. According to the teims of a prior written agreement betweeu Buyer and Seller that directs the Broker how to distribute the
�ao deposit monies if there is a dispute between the parties that is not resolved. (See Paragraph 23(C))
5eller Initials: �/ ��
S.:+t Buyer Initials:_�� �� ASR Pnge 9 of 11 �
Revised 1/12
�s� (C) Buyer and Seller agree that if there is a dispute over the entitlement to deposit monies that is unresolved 365 days after
��:� the Settlement Date stated in Paragraph 4(A),or any written extensions thereof,the Broker l�olding the deposit monies will,with-
i.=.a in 30 days of receipt of Buyer's written request,distriUute#he deposit monies to Bayer unless the Broker is in receipt.of verifi-
� �.,�� able written notice that the dispute is the subject of I'itigation.If Broker has received verifiable written notice of litigation prior
s�F, to the receipt of Buyer's request for distribution,Broker will continue to l�old the deposit monies until receipt of a written d�siri-
_. bution agreement bet�yeen Buyer and Seller or a.final court order.Buyer and Seller are advised to initiate litigation for any por-
:;?� tion of the deposit monias prior to a�iy distribution made by Broker pursuant to this paragraph. Buyer and Seller agree that.the
�:,==' distribution of deposit monies based upon the passage of time does not legally determine entitlement to deposit moiiies,and that .
�;�. the parties maintain their legal rights to pursue litigation even after a distribution is made. ' • •.
�i � , (D) Buyer and Seller aa ee that Broker who holds or distributes deposit monies pursuant to thc terms of Paragraph 23 or Pe�nsylvania
� <<a� law will not be liable. Buyer and Seller agree tl�at if any Broker or affiliated licensee is named in litigation regarding deposit
�a:. monies,the attorneys'fees,and costs of the Broker(s)and licensee(s)will be paid by the,party naming them in litigation. , . . •
:=�� (E) Sellcr has the option of retaining all sums paid by Buyer,including the deposit monies,should Buyer:
;>a� 1. Fail to make any additional plyments as specified in Paragraph 2,OR . ' ' '
saF 2. Furnish false or incomplete information to Seller, Broker(s), or any other pariy identified in this Agreement concerning
u� Buyer's legal or financial status,OR
-��� 3. Violate or fail to fulfill and perform any other terms or conditions of this Agreement.
. ,��J (F) Unless otf►erwise checked in Paragraph 23(G),Seller may elect to retain those sums paid by Buyer,including deposit monies:
�:;0 1. On aecount of purchase price,OR . . - •
�,s3 2. As monies to.be applied to.Seller's damages,OR • � •
s^� 3. As liquidated damages for such default.
�s? (G)� S.ELLER IS LIMITED TO RETAINING SUMS PAIll B,Y BUYER,INCLUDING DEPOSIT MONIES,AS LIQUIDATED
c;.F DAMAGES.
::ss (H) If SeIler retains aIl sums paid by Buyer, including deposit monies, as liquidated damages pursuant to Paragraph:23(R).or(G);,
:,r Bvyer and,Seller are released from further liability or obligation and this Agreement is VOID. . , . . .
�s� (I) Brokers and licensees are not responsible for unpaid deposits. �
��: �4.MEDLATION(1-10) � � � `
�s�� Buyer and Seller,will submit all disputes or claims�hat arise from ihis Agreement,including disputes and claims over deposit monies, ,
«��s to mediation. MediaYion.will be conducted in accordance with the Rules and Procedures of the Home Sellers/Home Buxers Dispute
,c<� Resolution System,unless it is not available,in which case Buyer and Seller will mediate according to.the terms of the mediation.sys-: • .
z�Jz tem offered or endorsed by.�the local Association of REALTORS�.Mediation fees,contained in tl�e mediator's fee schedule,will.be .
�r?. divided equally amon�the parEies and will be paid before the mediation conference.This mediation process must be concluded befor�,
���� any party to the dispute may initiate legal proceedings in any courtroom,with the exception of fiiing a summons if it is necessary to
� , zt>5 stop any statute of limitations from expiring;Any agreement reached through mediation and signed by the parties will•be binding(see
'f��' Notice Regarding Ivlediation).Any agreement to mediate disputes or claims arising from this Ad�eem.ent wi11 survive settleinent. .
sc:-; 25.RELEASE(9-OS)
:r,;. Buyer relenses, quit clstims and �'orever discharges SELLER,ALL BROKERS, their LICENSEES, EMPLOYEES an.d any :
si9 OFFICER or�PAR.TNER of any orie of them and.any otl�er PERSON,TIRM or CORPORATION who may he li�ble'by or �
;-t� through tl�em,from any and`'all claims, losses or demands,including, but not limited to;personal injury and property''d�m-�'-
s?z age and all of the consequences thereof,whether known or not,which may arise from the presence of termites or other wood-
�;��, boring insects,radon, lead-based paint hazards,mold,fungi or indoor air quality,environmental hazards,any defects'in the
s7<.s individual on-lot sewage disposal system or deficiencies in the on-site water service system,or any defects or conditions on the
. ;-n Property.Should Seller be in:def$ult under the terms of this Agreement or in violation of any Seller disclosure Iaw or regula-�
<�3 . tion,this release does not deprive,Buyer of any right to pursue any remedies t6at may be available under:law or.equity:This;
s��; . . release will survive.settlemsnt.. . : . . : .' � . . . : ;,� •
��:� .26.REAL ESTATE RECOVERY,FL1ND(9-05). . ' ' � �
sts A Real Estate Recovery Fund exists to reimburse any persons who have obtained a final civil judgment against a Pennsylvania real
,'-�>. •. estate licensee(or a licens.ee's affil.iates)owing to fraud,misrepresentation,or deceit in a real esTate.transaction�and who have•been.
sar� unable to collect the judgment after exhausting all legal and equitable remedies.For complete details aUout the Fund,.eall(717.).783-
�st 3658 or(800)822-2113 (within Pennsylvania)and(717)783-4854(outside Pennsylvania). •
�t� 27.COMMi3NICATIONS WITH BiJXER AND/OR SELLER(1-10) .
��i Wherever tliis Agreement oontains a provision that requires or allows communication/delivery to a Buyer,that provision shall be satis-
�s�� fied Uy cominunication/delivery to the Broker Por Buyer, if any, except for documents reguired to be delivered pursuant to
. �s� Paragraph 15.If there is no Broker for Buyer,those provisions may be satisfied only by communication/delivery being made direct-
�sc. ly to the,Buyer;unlcss otlierwise agreed to by the parties.Wherever this Agreement contains a provision that requires or allows com-. .
sa� munication/delivery to a Seller,that provision shall bc satisfied by communication/delivery to the Broker for Seller,if any.If there is .
�s:� no Broker for Seller,those provisions may be satisfied only by communication/deliveiy being made directiy to the Seller,unless otlier- .
;��i wise agreed to by the parties. . • • ' '
sf�o 28.SPECIAL CLAUSES(1-10) �
���i (A) The following are part of this Agreement if checked:
s�r� ❑ Sale&Settlement of Other Property Coirtingency Addendum(PAR Form SSP)
�at ❑ Sale&Settlement of Otlier Properiy Contingency with Right to Continue Marketing Addendum(PAR Form SSP-CM)
;,��. ❑ Settlement of Other Property Contingency Addendum(PAR Form SOP)
ses ❑ Short Sale Addendum to Agreement of Sale(PAR Form S�IS}
«�r ❑ Appraisal Contingency Addendum(PAR Form ACA)
;��� ❑
«i:� ❑
;.?y ❑
G��o Buycr Initials: /� ASR Pngc 10 of 11 Scllcr Initiuls: M /
Revised 1/12
�;;: {$}Additiona!Terms:
. �„ , . t�Fone . .
� :ai:. . • . ,
rs7t .
� . G(ti� . ' . . � .
���,�. . . .. � . . ..
� . !dY ... . . - �. . . . .. ' . . . . . '
. . a�x � � � � . . , . . _ . �
. � fdi9. � . � . .. . � � � . . � . . . � � . .
.. .. �,[ilf; � . . . . . . .. . � . .. - � �
, ' .rl.i . . - . � . . . .. .
ni,: . . , . . . . � . . .
hti
c:I d •
r��
btri
.„�.: ; . � . .
r,�� Buyer and Se(ler ackeowledge receipt of a copy of#his Agreement at the fime of signinE. . •
c�iv T6is Agrcement may be executed iu one or moro counterparts,esch of which sdalf be deemed to be an origiosi and which coun• .
r,.c� terparts tuga#her sbail constitute one and tbe s�me Agreement oithe Parties.
' r•^., .NOTICE TO PARTIES:VI'HEN SIGNED,THIS AGREEMENT IS A BINDII�G CONTRACT. Parties ta this transaction are
t� advised to consult a Peansylvsnia real estate attorney before signing if tdey desire legni Advice. . . -
E.i Return ofthis Agrcement,aad nny addeada and amendments,iacluding rcturn by eiectrnnic transmissiaa,bearing the signstures
�:�� of all artics,conatitutes ecceptance by the pariies.- , ' .
, . :;`. �SS Buyer has raeived�the Co»sumtr Notice as adopted 6y the State Real Estate Commis5ion at 49 Pa.Code �.
-r,..r... §35336. . .
�'? . /_�Buyer has received a statement of Bu1 er's esfimated closing costs before signing this Agretment �
•.-< /�� $uyer has read and understnnds the nutices aad ezpianatory ioformation in this Agreemen� • - -
• �=� / Suye�kas received a Setler's Prdperty Disclosure 5tatement before signing this A;reemeet,if required by law
:<:.�r� (see Ipformation Regarding the Real Estate Se[ler Dfsciosare Law}. . . -
,.€,;. �/�,� Bnyer has received tfi�e Depnsit Money Notice(for cooperntive sales when Broker for Se4er is holding deposit
':s� money)before signing t6is Agreemcn�.
:�,,: : ( Buyer has r �eived the Leail-Based Paint Hazards DiscCosure,;which is"attached ta this Agreement of Sale,and
,.r,=.� the pnm Pro our Family from Lead iqYoor Iiome(for properties built�rio�to 1978) ..
r:?s AUYER DATE �-'7 r--'�L__
_,h BUYER DATE ��-�
�,s' BUYER DA7'E
�=x SaNer has received the Consumer Notice as�dopted by t6e State Real Estate Commission at 49 Pa,Code f 35336.
r;a� Seiler has received a sEatemcnt of Setler's estimeted ciosing casts before aigaiag this A.greemen� � .
c�.u� Seper has read snd understands tt►e noticts and explanxEory intormation in thia Agrear+en� ,
w? SELLER DATE �o�I' .�g• I.Z
�r� SE LER � C `�I.��'�� DATE ��'��/' `% z�
��> SELLER `� 'f ��t'►� C��� DATE
ASTt ragc ll of 11 �
Revised It12
f
. �
BROKER'S FEE AGREEMENT B�A
(tor preperqes not ibtai wldi s bnlcar)
'Il�s fortn remmmanded aod�pprovad fbr�iwt not raoniaed to use by,du manbxy ofthe Parnylvml�Aawchtim oCRBALT0R3�(PAR?.
� Broker(Company� Coidwell 8anker Homestead Group Licenseo(s)(Nama)Mattt�ew Gresne � .
a
:+ Company Address 4075 Market Street Dirxt Phone(s) �
., Camp Hilt,PA 17011 Ceu Phone(s)
; Company Phone F� , •
� ���y F� Emait
} Selier Eatate of Oanyl George �
K .
y Selier's Mall[ug Addrcss � Y e, a 8 2IP � 3 '
ao Phone F�x Email . '
ii Nots:T1+s raixt4"bu,Yoi"°se�er,"`�rry°��d°sals`e7so wlpbs catsOtw!10 MNn"tawe4"'7w�Aard,"m+d"�+��"^�S d'►�°��'�e^�
1_: SeHer uader�tand:that thi�Bmker's Feee Apreement b bet�reen Brelar snd SeUer. • ' •
i z Aoes Seliv have a U�ie=rnatrsct witli anot4er brokvY ❑Ya �No
t a If yes�ezplain
z� 1. PROPEILTY Seller is offering Soller's Pmperty,ac 39 S 36th Strest CamQ Hill ��►�
I 6 z. S�L�,ER IS NOT REPRESENTED BY A SROKER Broku listed Above ia a Buyac Aawt who worka exclus�velY fbr the buya and must act in . .
1� the buyets bcst iatcrest;ea dcscribed in the Conaumcc Noticc abpted by thc P000sylvania State Ra!fifnue Caaomia&ion u 49 Pa.Code�35336.•
�e 3. BUYElt Lictnsce has identifiedSeYmore Brothers Construdbn C`BuY�")os A pota►tla!M�yer for rhe Pmperty.
� i� T.icensee is working with Buyer as a$uY«''s A$�t,as desc�ibed in the Coosumc Notica.Sellu acJcnowledges that Selier has no busines�roia- .
�a domhip�aa dascribod in dse Conaumer Notice,with Broker or Licensee. � •
2i 4. IrE$A.ND T'ERM ' .
as (A) This Ageement oniy eppGes ta Buyer identified'm paragraph 3.No Associrtion of RfiALTORSSm hss sct or rawmmended t6e Brok«'s Boe.. .
.,_ Broker end Shcer have negotiated the fee Uat Seller will pay Brokaar.Hrokear's Fae is 3 % of the ulea prico ANI� •
za S 0.00 ,paid by Selle�r. This Agreement enda when 3eller snlla tt►e Property�when ne�otiationa b�wem Buyer and
:, Sella end if Huyer pu�ha�es the Prope�ty withia g0 dsys of the end of this A�nmt,Selkr wi}1 pay Bspka's Fa. . .
is {B} If a buyer eatas into an Agrxment af Salq d�en retUsas to buy the Property,or if the buyes is unable to buy because of failing m do the
,� things tnquired of the buyer in the AgcaamAt of Sele,Ssller(or dq�osit holda)will pay Broba': .
zA 1, 0.00 oflfroro moniea paid by buyer,and ntaiiaed by Se1Ter,on account of the transaction,including,but not limited .
.4 to,cxteission fas,option peymmts,liquidated damages>judSmenb,etc.,OR • . �
:n 2. Broker's Fx,whichevar is leaa '
;y 5. SfiLLER WQ.L REVEAL ARFEGT9 AND ENVIRONM$1V'x'AL HAZARDS . • .
zs (A) S�eticr(inctuding Scllcrs oxcmpc fmm�hc Real Esun Sellec's Ai9ciwurc Law)wlll disclosc atl Imown macerial dof�a and/or environmen-
;� tal hazards on e separaas disclosure atatommk A material defect is a problem with a naidwtiai ieal property or any portion of it ths� . . .
�a 1. would heve A significent edverae impaet on the value of ehe propmtY;or
ss 2, involves aa unreasonable riak to people on du pmperty.
�f: (B) If Seller fails to toll of known matairi defects andlor enrironmeanl h�a.�ds:
;; 1. Soller will not hold Hroker or Licansee respvmsble in any way; .
j. 2. Seller will pmtect Broker and Licensee ltom my claims,lswauib,md actiona that resuh; : . � �
:y 3. Sell�will pay sll of Broker's and Licenieee's costa that result,includ'u►g attocneys'tkas and court-ordaaed payments or settlements(any I
�o moneY Broka or Licens�e PeYs to ead a kwsuit or claim,j. ;
a i 6. SPSCIAd.INSTRUCTIONS 7'he Office of the Attrnaey(3enaal has not pra-approved aaY speciel ca�oditiane rn'additimwl terq�s added by any . ;
1� parties.A�specisl imhuctions in tfiis Agromnent muet comply with the Pmmyhronia Plain Lxngvage Cons�at�er Contract Act i
�a ?. EIVTIRE AGR�EMENT This is the entire Agrea�teat between Broker and 3elkr.Any verbal or written agree�nents that cvae made beian us
a� not a part of A�is Agrament Any d►anges or additions to thia Agreement must ix iu waitiag and signed by Hrolcer and Sella.
e, Seller haa re�d t6e Conw�ter Not[ce aa adoptad by the Stah Ranl Twtate Cewmb�iaa at 49 P■.Coda�35.336.Seuer has rc�a the entire • ;�
a e Coatrret before�dguing.9dkr muet si$p tLie Condrac.t.SeUer gtves permltsfon tor�roker to aend taforwoUou�boat thie tranaaction to the
a�i fu nambsr(a)aad/er o-mail addras(p)listed.Return o[t6i�A.�raammt,aed uy+�ddand��nd amendmwts,inctrdi�i retarn by dectrontc . ,
a e transmiuion,barL�g the tignatures of aU partles,consdtuta aceeptance by We pxrtln.T6h Cantraet may 6e execnted In oae or more mnn- i
rs terpatts,each oiahfeh shail be decmcd to be an ortginal�nd whleh coanterpart�toBet6a sh�ll cowtitate oae ivad tYe�amc Agretanmt of t6e `
sn Psrdes. �
si NOTICE BEFORE SIGNING: IF SELLER liAS LEGAL QUB9T10NS,SELLER LS ADVISSU TO CON$ULT A PLNNSYLVAJYiA 1tEAL
sz ESTATE ATTORNEY.
s� SEI�LER � AATS �2•�9.f�
�� ss �,,� n�.aR 1 L���,-�� i
�,� s�,r.�x ne�s i
Sb sxo�x�coMr�
F� ACCEYTED ON$EHAI.F OF BROKER BY D�
Cp}y��HT�SNNSYLYAMA A9SOCtATION OR RBALTORS�2011
'� I Pennsytvenia Association of REALTORS' y�l
o+;; (S)Additional Terms:
. r,t::� , . _ None .
r,r,".. • . . •
ti0-7 .
� , t,rY.i� � � � ' . . . .
iibi�. ' � ' '
. . . hlY;" �.... .. . . , . ': . . , .. . ' . . . . . , .
. iii):: � � � � ' . . � � � . ". ' ' . � � '
, � G(S r. . . . . , . , ' . . . , . ' . . . . . . � . ,
D 1'•i . •
r�� ,
ol.� ' . .
�,R'; ' .
uI4 .
t,)j .
6�f;
r;j J . .
t�i� Buyer anc!Sel(er acknowledge receipt of a copy of this Agreement at the time of signing. • '
�i�3 This Agreement mAy be executed in one or more counterparts,each of which shall be deemed to be an originAl and which coun- .
r.a.o terparts togetlter shatl constitute one and the same Agreement of the Parties.
��2i .NOTICE TQ PART ,+5: WHEN SIGNED, TFIIS AGR�EIVI�NT IS A BINDING CONTRACT. Parties to this transaction are ,
s�.z advised to consult a Pennsylvania real estate attorney before signing if they desire legal advice. , . � � . .
�_? Return of this Agreement,and any addenda and amendments,including return by electronic transmission,bearing the signatures
��?•� of all arties,constitutes acceptance by the parties. , . ,• • . . '
. � . ,;�s. � / SS Buyer has received the Consumer Notice as adopted by the�State ReAi Estate Commission at 49 Pa.Code '.
,ti:.F.. §35.336. . .. • : • .
n�' . / •� Buyer has receiyed a statement of Buyer's estimated closing costs before signing this Agreement.
�--� !�� Buyer has read and understands the notices and explanatory information in this Agreement. • • •
� :��`� / Buyer•hus'received a Seller's Property Disclosure Statement before signing this Agreement, if required by law
'=� <���} � (see Information Regarding the Real Estate Seller Disclosure Law). �� ' • ' . •
.r��; �/�� Buyer has received the Deposit Money Notice (for cooperative sales when Broker for Seller is hofding deposit
�:?.: m o n e y)b e f o r e s i g n i n g t h i s A g r e e m e n t.
;4M�, ., / Buyer has r eived the Lead-Based Paint Hazards Disclosure,:which is'attached to this Agreement of Sale,and
. r,:+.E the pam � Prot ct Your�Family from Lead in,Your Ho.me(for properties built prior to 19.78) . : .
r;3s BUYER DATE r�---°Z� ��_..,
�s:; BUYER . ' DATE �Z:�
ri.�? BUYER DAT'E
G:sx Seller hfls received the Consumer Notice as adopted by the State.Real Estate Commission at 49 Pa. Code§35.336.
��!� Seller has received u statement of Seller's estimated closing costs before�signing tl�is Agreement. - .
��us Selter l�as read and understands the notices and explanatory informution in this Agreement. .
�=� SELLER DATE
�sa� S�I:L�R DATE
��.�:s S�LLER DATE
ASR Pagc]1 of 11
Rcvised 1/12