ADDENDUM TO PURCHASE AGREEMENT CALIFORNIA STATE SPECIFIC TERMSPurchase Agreement • November 8th, 2017
Contract Type FiledNovember 8th, 2017Buyer acknowledges that the purchase of the Property may have resulted from a transfer made by a beneficiary under a deed of trust who acquired the Property at a sale conducted pursuant to a power of sale under a deed of trust, or deed in lieu thereof, as described in Cal. Civ. Code §§ 1102.2(c) and 1103(a)(2). Therefore, Seller is exempt from requirements regarding the making of certain disclosures, including without limitation disclosures under the Real Estate Transfer Disclosure Statement (see Cal. Civ. Code § 1102, et. seq.), and under the Natural Hazards Disclosure Statement (see Cal. Civ. Code § 1103, et. seq.). As a result, any rights Buyer may have had in connection with such Disclosure Statements under California law shall not be available including without limitation any right to terminate the Agreement under Cal. Civ. Code § 1102, et. seq.