If you are not satisfied with the results of the inspection. In this case, you might want to renegotiate for a lower selling price or ask the seller to make repairs. Lead-based color. If you buy a house built before 1979, you have certain rights regarding lead-based paints and the risks of lead poisoning. The seller or sales agent must provide you with the EPO brochure “Protect your family from lead in your home” or any other information on the risk of lead approved by the EPO. The seller or sales agent must tell you what the seller actually knows about lead-based colors or lead-based color hazards, and provide you with any relevant records or reports. You have at least ten (10) days to conduct an inspection or risk assessment for lead-based paints or lead-based paint risks. However, in order to have the right to cancel the sale based on the results of an inspection or risk assessment, you must negotiate this condition with the seller. If you are buying a home in California, you must sign a sales agreement. Normally, your real estate agent will conclude the pre-printed sales contract. You can make changes or additions to the contract, but the seller must agree to any changes you make.

You should also agree with the seller on the date of possession and the equipment and personal belongings included in the house. A California commercial purchase and sale agreement is a document introduced early in a commercial real estate transaction. This legal contract is designed and negotiated by the parties (buyers, sellers and their representatives) as soon as brokerage contracts have been signed and a memorandum of understanding has been delivered by the buyer to the seller. A purchase and sale agreement sets out the terms of the transaction, such as the sale price, financing, authorizations and authorizations, leasing options, as well as pre-closing and post-closing conditions. The parties will negotiate all of these terms until they reach a mutually acceptable and advantageous agreement to sign the agreement. that contains a lead warning. You, the seller and the distributor sign a confirmation that these notification requirements have been met. Other environmental concerns.

California has laws requiring sellers to provide buyers with an environmental risk report. This report may contain the following: taking objects such as underground oil leaks, the presence of radon or asbestos, lead water pipes, seismic hazards and other such hazards, as well as measures to eliminate these hazards. You can negotiate who will pay the cost of the necessary tests and/or cleaning operations. California property tax law requires the assessor to revalue the property at the time ownership of the property changes. Under this law, you can receive one or two additional tax bills depending on when your loan closes. Real estate purchase contracts usually include promises and provisions guaranteeing the condition of a property. In some states, sellers must provide additional documents that guarantee the condition of the property. While other states require the seller to reveal a certain type of problem on the ground – for example. B a clerical error. In California, in addition to the contract of sale, you must complete the following documents: Megan`s Law (§ 2079.10a (a) (3)) – All contracts for the sale of residential real estate in the State of California must contain the “Megan`s Law” clause regarding sexual predators.

Declaration of Conformity for Water Heaters [Section 19211(b)) – Sellers of real estate must confirm in writing that the water heater contained in the property is properly secured to avoid displacement in the event of an earthquake. (The title form also contains the declaration of conformity of the fire detectors.) This is the closing date of the sale and provides the date on which the seller hands over the property to the buyer. They must agree with the seller on the distribution of expenses related to the property, such as taxes, water and wastewater taxes, condominium fees, and electricity bills on the day of billing. . .