FLOORPLANSKETCH
Borrower: AnthonyDilwgg1 et al
PrQl!ectY Address:380Pine Ridge Road Case No. �(!raisal ReE!:Q!:!
C!!:t: Boone State: NC ZIJ!: 28607
Lender: Great State Bank '
I Commenls:
PropertyAddress/Description:
Owner'sName(s):
380 Pine Ridge, Boone, 28607 Pine Ridge Partners, LLC
NorthCarolinalawN.C.G.S.47ErequiresresidentialpropertyownerstocompletethisDisclosureStatementandprovideittothebuyer priortoanyoffertopurchase.Therearelimitedexemptionsforcompletingtheform,suchasnewhomeconstructionthathasnever beenoccupied.Ownersareadvisedtoseeklegaladviceiftheybelievetheyareentitledtooneofthelimitedexemptionscontainedin N.C.G.S.47E-2.
AnownerisrequiredtoprovidearesponsetoeveryquestionbyselectingYes(Y),No(N),NoRepresentation(NR),orNotApplicable (NA).AnownerisnotrequiredtodiscloseanyofthematerialfactsthathaveaNRoption,eveniftheyhaveknowledgeofthem. However,failuretodiscloselatent(hidden)defectsmayresultincivilliability.ThedisclosuresmadeinthisDisclosureStatementare thoseoftheowner(s),nottheowner'sbroker.
◦IfanownerselectsYorN,theownerisonlyobligatedtodiscloseinformationaboutwhichtheyhaveactualknowledge.Ifan ownerselectsYinresponsetoanyquestionaboutaproblem,theownermustprovideawrittenexplanationorattachareportfrom anattorney,engineer,contractor,pestcontroloperator,orotherexpertorpublicagencydescribingit.
◦IfanownerselectsN,theownerhasnoactualknowledgeofthetopicofthequestion,includinganyproblem.IftheownerselectsN andtheownerknowsthereisaproblemorthattheowner'sanswerisnotcorrect,theownermaybeliableformakinganintentional misstatement.
◦IfanownerselectsNR,itcouldmeanthattheowner(1)hasknowledgeofanissueandchoosesnottodiscloseit;or(2)simply doesnotknow.
◦IfanownerselectsNA,itmeansthepropertydoesnotcontainaparticularitemorfeature.
ForpurposesofcompletingthisDisclosureStatement: “Dwelling” meansanystructureintendedforhumanhabitation, “Property” meansanystructureintendedforhumanhabitationandthetractofland,and “NotApplicable” meanstheitemdoesnotapplytothe propertyorexistontheproperty.
OWNERS: TheownermustgiveacompletedandsignedDisclosureStatementtothebuyernolaterthanthetimethebuyermakes anoffertopurchaseproperty.Iftheownerdoesnot,thebuyercan,undercertainconditions,cancelanyresultingcontract.Anowner isresponsibleforcompletinganddeliveringtheDisclosureStatementtothebuyereveniftheownerisrepresentedinthesaleofthe propertybyalicensedrealestatebrokerandthebrokermustdiscloseanymaterialfactsaboutthepropertythatthebrokerknowsor reasonablyshouldknow,regardlessoftheowner'sresponse.
Theownershouldkeepacopysignedbythebuyerfortheirrecords.IfsomethinghappenstomaketheDisclosureStatementincorrector inaccurate(forexample,theroofbeginstoleak),theownermustpromptlygivethebuyeranupdatedDisclosureStatementorcorrectthe problem.Notethatsomeissues,evenifrepaired,suchasstructuralissuesandfiredamage,remainmaterialfactsandmustbe disclosed byabrokerevenafterrepairsaremade.
BUYERS: Theowner'sresponsescontainedinthisDisclosureStatementarenotawarrantyandshouldnotbeasubstituteforconducting acarefulandindependentevaluationoftheproperty. Buyersarestronglyencouragedto: ●CarefullyreviewtheentireDisclosureStatement.
●Obtaintheirowninspectionsfromalicensedhomeinspectorand/orotherprofessional.
DONOTassumethatananswerofNorNRisaguaranteeofnodefect.IfanownerselectsN,thatmeanstheownerhasnoactual knowledgeofanydefects.Itdoesnotmeanthatadefectdoesnotexist.IfanownerselectsNR,itcouldmeantheowner(1)has knowledgeofanissueandchoosesnottodiscloseit,or(2)simplydoesnotknow.
BROKERS: Alicensedrealestatebrokershallfurnishtheirseller-clientwithaDisclosureStatementforthesellertocompletein connectionwiththetransaction.AbrokershallobtainacompletedcopyoftheDisclosureStatementandprovideittotheirbuyer-clientto reviewandsign.Allbrokersshall(1)reviewthecompletedDisclosureStatementtoensurethesellerrespondedtoallquestions,(2)take reasonablestepstodisclosematerialfactsaboutthepropertythatthebrokerknowsorreasonablyshouldknowregardlessoftheowner's responsesorrepresentations,and(3)explaintothebuyerthatthisDisclosureStatementdoesnotreplaceaninspectionandencourage thebuyertoprotecttheirinterestsbyhavingthepropertyfullyexaminedtothebuyer'ssatisfaction.
● BrokersareNOTpermittedtocompletethisDisclosureStatementonbehalfoftheirseller-clients.
●BrokerswhoownthepropertymayselectNRinthisDisclosureStatementbutareobligatedtodisclosematerialfactstheyknowor reasonablyshouldknowabouttheproperty.
SECTIONA.
A1.Isthepropertycurrentlyowner-occupied? Dateowneracquiredtheproperty: Ifnotowner-occupied,howlonghasitbeensincetheowneroccupiedtheproperty?
A2.Inwhatyearwasthedwellingconstructed?
A3.Havetherebeenanystructuraladditionsorotherstructuralormechanicalchangestothe dwelling(s)?
A4.Thedwelling'sexteriorwallsaremadeofwhattypeofmaterial?(Checkallthatapply)
BrickVeneerVinyl StoneFiberCementSyntheticStuccoComposition/Hardboard Concrete AluminumWoodAsbestos Other
A5.Inwhatyearwasthedwelling'sroofcoveringinstalled?
A6.Istherealeakageorotherproblemwiththedwelling'srooforrelatedexistingdamage?
A7.Istherewaterseepage,leakage,dampness,orstandingwaterinthedwelling'sbasement,crawl space,orslab?
A8.Isthereaninfestationpresentinthedwellingordamagefrompastinfestationsofwood destroyinginsectsororganismsthathasnotbeenrepaired?
A9.Isthereaproblem,malfunction,ordefectwiththedwelling's:
Foundation Windows AttachedGarage Slab Doors Fireplace/Chimney Patio Ceilings Interior/ExteriorWalls Floors Deck Other:
ExplanationsforquestionsinSectionA(identifythespecificquestionforeachexplanation):
some floors are warped and need refinishing many windows have seal failure and are in the process of being replaced/repaired.
SECTIONB. HVAC/ELECTRICAL
B1.Isthereaproblem,malfunction,ordefectwiththedwelling'selectricalsystem(outlets,wiring, panels,switches,fixtures,generator,etc.)?
B2.Isthereaproblem,malfunction,ordefectwiththedwelling'sheatingand/orairconditioning?
B3.Whatisthedwelling'sheatsource?(Checkallthatapply;indicatetheyearofeachsystem manufacture)
Furnace[#ofunits]Year:
B4.Whatisthedwelling'scoolingsource?(Checkallthatapply;indicatetheyearofeachsystem manufacture)
CentralForcedAir: Year: Wall/WindowsUnit(s): Year: Other: Year:
B5.Whatisthedwelling'sfuelsource?(Checkallthatapply)
Electricity NaturalGas Solar PropaneOil Other:
ExplanationsforquestionsinSectionB(identifythespecificquestionforeachexplanation):
SECTIONC.
PLUMBING/WATERSUPPLY/SEWER/SEPTIC
C1.Whatisthedwelling'swatersupplysource?(Checkallthatapply) City/CountySharedwellCommunitySystemPrivatewellOther:
Ifthedwelling'swatersupplysourceissuppliedbyaprivatewell,identifywhethertheprivatewell hasbeentestedfor:(Checkallthatapply).
Quality Pressure Quantity
Ifthedwelling'swatersourceissuppliedbyaprivatewell,whatwasthedateofthelastwater quality/quantitytest?
C2.Thedwelling'swaterpipesaremadeofwhattypeofmaterial?(Checkallthatapply) Copper Galvanized Plastic PolybutyleneOther:
C3.Whatisthedwelling'swaterheaterfuelsource?(Checkallthatapply;indicatetheyearofeach systemmanufacture) Gas: Electric: Solar: Other:
C4.Whatisthedwelling'ssewagedisposalsystem?(Checkallthatapply)
Septictankwithpump communitysystemSeptictank Dripsystem ConnectedtoCity/CountySystem City/CountysystemavailableOther: Straightpipe(wastewaterdoesnotgointoasepticorothersewersystem)*Note:Useofthistypeof systemviolatesStateLaw.
Ifthedwellingisservicedbyasepticsystem,howmanybedroomsareallowedbythesepticsystem permit? NoRecordsAvailable Datethesepticsystemwaslastpumped:
C5.Isthereaproblem,malfunction,ordefectwiththedwelling's:
Septicsystem Plumbingsystem(pipes,fixtures,waterheater,etc.) Sewersystem Watersupply(waterquality,quantity,orpressure)
ExplanationsforquestionsinSectionC(identifythespecificquestionforeachexplanation):
SECTIOND. FIXTURES/APPLIANCES
D1.Isthedwellingequippedwithanelevatorsystem? Ifyes,whenwasitlastinspected?
Dateoflastmaintenanceservice:
D2.Isthereaproblem,malfunction,ordefectwiththedwelling's:
YesNoNR
Atticfan,exhaust Irrigation Sump GarageDoor fan,ceilingfan system pumpsystem
Elevatorsystem Pool/hottub Gas Security orcomponent/spa logs system
Appliancestobe TVcablewiring Central Other: conveyed orsatellitedishvacuum
ExplanationsforquestionsinSectionD(identifythespecificquestionforeachexplanation):
SECTIONE. LAND/ZONING
E1.Isthereaproblem,malfunction,ordefectwiththedrainage,grading,orsoilstabilityofthe property?
E2.Isthepropertyinviolationofanylocalzoningordinances,restrictivecovenants,orlocal land-userestrictions(includingsetbackrequirements?)
E3.Isthepropertyinviolationofanybuildingcodes(includingthefailuretoobtainrequired permitsforroomadditionsorotherchanges/improvements)?
E4.Isthepropertysubjecttoanyutilityorothereasements,shareddriveways,partywalls, encroachmentsfromoronadjacentproperty,orotherlanduserestrictions?
E5.Doesthepropertyabutoradjoinanyprivateroad(s)orstreet(s)?
E6.Ifthereisaprivateroadorstreetadjoiningtheproperty,arethereanyowners'associationor maintenanceagreementsdealingwiththemaintenanceoftheroadorstreet?NA
ExplanationsforquestionsinSectionE(identifythespecificquestionforeachexplanation):
YesNoNR
Driveway shared with 340 Pine Ridge (no formal agreement) . HOA maintains the road for the neighborhood up to the cul de sac (mailboxes).
SECTIONF. ENVIRONMENTAL/FLOODING
F1.Istherehazardousortoxicsubstance,material,orproduct(suchasasbestos,formaldehyde, radongas,methanegas,lead-basedpaint)thatexceedgovernmentsafetystandardslocatedonor whichotherwiseaffecttheproperty?
F2.Isthereanenvironmentalmonitoringormitigationdeviceorsystemlocatedontheproperty?
F3.Istheredebris(whetherburiedorcovered),anundergroundstoragetank,oranenvironmentally hazardouscondition(suchascontaminatedsoilorwaterorotherenvironmentalcontamination) locatedonorwhichotherwiseaffecttheproperty?
F4.Isthereanynoise,odor,smoke,etc.,fromcommercial,industrial,ormilitarysourcesthat affectstheproperty?
F5.Isthepropertylocatedinafederalorotherdesignatedfloodhazardzone?
F6.Hasthepropertyexperienceddamageduetoflooding,waterseepage,orpooledwater attributabletoanaturaleventsuchasheavyrainfall,coastalstormsurge,tidalinundation,orriver overflow?
F7.Haveyoueverfiledaclaimforflooddamagetothepropertywithanyinsuranceprovider, includingtheNationalFloodInsuranceProgram?
F8.Isthereacurrentfloodinsurancepolicycoveringtheproperty?
F9.HaveyoureceivedassistancefromFEMA,U.S.SmallBusinessAdministration,oranyother federaldisasterfloodassistanceforflooddamagetotheproperty?
F10.IsthereafloodorFEMAelevationcertificatefortheproperty?
NOTE: Anexistingfloodinsurancepolicymaybeassignabletoabuyeratalesserpremiumthananewpolicy.Forpropertiesthat havereceiveddisasterassistance,therequirementtoobtainfloodinsurancepassesdowntoallfutureowners.Failuretoobtainflood insurancecanresultinanownerbeingineligibleforfutureassistance.
ExplanationsforquestionsinSectionF(identifythespecificquestionforeachexplanation):
F3. 2 underground propane tanks, currently in use.
SECTIONG. MISCELLANEOUS
G1.Isthepropertysubjecttoanylawsuits,foreclosures,bankruptcy,judgments,taxliens,proposed assessments,mechanics'liens,materialmens'liens,ornoticesfromanygovernmentalagencythat couldaffecttitletotheproperty?
G2.Isthepropertysubjecttoaleaseorrentalagreement?
G3.Isthepropertysubjecttocovenants,conditions,orrestrictionsortogoverningdocuments separatefromanowners'associationthatimposevariousmandatorycovenants,conditions,andor restrictionsuponthelotorunit?
ExplanationsforquestioninSectionG(identifythespecificquestionforeachexplanation):
G2. Short term rentals
G3. Covenants and restrictions
SECTIONH.
OWNERS'ASSOCIATIONDISCLOSURE
Ifyouanswer'Yes'toquestionH1,youmustcompletetheremainingquestionsinSectionH.Ifyouanswered'No'or'No Representation'toquestionH1,youdonotneedtoanswertheremainingquestionsinSectionH.
H1.Isthepropertysubjecttoregulationbyoneormoreowners'association(s)including,butnot limitedto,obligationstopayregularassessmentsorduesandspecialassessments?
If“yes,”pleaseprovidetheinformationrequestedbelowastoeachowners'associationtowhich thepropertyissubject[insertN/Aintoanyblankthatdoesnotapply]:
a.(specifyname)
whoseregularassessments(“dues”)are $ per .
Thename,address,telephonenumber,andwebsiteofthepresidentoftheowners'associationorthe associationmanagerare:
b.(specifyname)
whoseregularassessments(“dues”)are $ per.
Thename,address,telephonenumber,andwebsiteofthepresidentoftheowners'associationorthe associationmanagerare:
c.Arethereanychangestodues,fees,orspecialassessmentwhichhavebeendulyapprovedandto whichthelotissubject?
If“yes,”statethenatureandamountofthedues,fees,orspecialassessmentstowhichtheproperty issubject:
H2.Isthereanyfeechargedbytheassociationorbytheassociation'smanagementcompanyin connectionwiththeconveyanceortransferofthelotorpropertytoanewowner?
If“yes,”statetheamountofthefees:
H3.Isthereanyunsatisfiedjudgmentagainst,pendinglawsuit,orexistingorallegedviolationofthe association'sgoverningdocumentsinvolvingtheproperty?
If“yes,”statethenatureofeachpendinglawsuit,unsatisfiedjudgment,orexistingoralleged violation:
H4.Isthereanyunsatisfiedjudgmentorpendinglawsuitsagainsttheassociation?
If“yes,”statethenatureofeachunsatisfiedjudgmentorpendinglawsuit:
ExplanationsforquestionsinSectionH(identifythespecificquestionforeachexplanation):
Owner(s)acknowledge(s)havingreviewedthisDisclosureStatementbeforesigningandthatallinformationistrueand correcttothebestoftheirknowledgeasofthedatesigned.
8/2/2024 | 7:02
OwnerSignature: Date
OwnerSignature: Date
Buyers(s)acknowledge(s)receiptofacopyofthisDisclosureStatementandthattheyhaverevieweditbeforesigning.
BuyerSignature: Date
BuyerSignature: Date
Benezra hmraofficemanager@gmail.com
