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Worksheet-Common Interest RE 622A - California

Worksheet-Common Interest Form. This is a California form and can be used in Subdivisions Bureau Of Real Estate Statewide .
 Fillable pdf Last Modified 2/11/2014
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STATE OF CALIFORNIA WORKSHEET ­ COMMON INTEREST RE 622A (Rev. 2/14) REPORT TYPE BUREAU OF REAL ESTATE SUBDIVISIONS DUE DATE CONDITIONAL PLANNED DEVELOPMENT APPLICANT'S NAME(S) RENEWAL LIMITED TERM CONDOMINIUM FINAL FILE NUMBER AMENDED COMMUNITY APARTMENT ISSUED AMENDMENT/RENEWAL DATE EXPIRES TRACT NUMBER COUNTY TRACT NAME SPECIAL INVESTIGATOR INITIALS Page 1 of 31 American LegalNet, Inc. www.FormsWorkFlow.com Use the following if applicable. THIS REPORT COVERS ONLY DOES NOT INCLUDE LOT(S) UNIT(S). __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ SPECIAL INTEREST AREAS IN THIS CONDITIONAL FINAL SUBDIVISION PUBLIC REPORT: YOUR ATTENTION IS ESPECIALLY DIRECTED TO THE PARAGRAPH(S) BELOW CONDITIONAL SUBDIVISION PUBLIC REPORT EASEMENTS FINANCING, ENTITLED: MANAGEMENT AND OPERATION, SOILS AND GEOLOGIC CONDITIONS UTILITIES AND USES/ZONING/HAZARD DISCLOSURES, OTHER SERVICES NOTE: IN ADDITION TO THESE AREAS, IT IS IMPORTANT TO READ AND THOROUGHLY CONDITIONAL FINAL UNDERSTAND THE REMAINING SECTIONS SET FORTH IN THIS SUBDIVISION PUBLIC REPORT PRIOR TO ENTERING INTO A CONTRACT TO PURCHASE. Use only when issuing a Conditional Public Report for this file. CONDITIONAL SUBDIVISION PUBLIC REPORT THIS IS NOT A FINAL SUBDIVISION PUBLIC REPORT ("FINAL PUBLIC REPORT"), THIS IS WHAT IS KNOWN AS A CONDITIONAL SUBDIVISION PUBLIC REPORT ("CONDITIONAL PUBLIC REPORT"). IT IS "CONDITIONAL PUBLIC REPORT" SINCE THE SUBDIVIDER HAS NOT YET SATISFIED ALL OF THE CONDITIONS NECESSARY FOR THE ISSUANCE OF A "FINAL PUBLIC" REPORT. UNTIL ISSUANCE OF THE "FINAL PUBLIC REPORT" NO ESCROW SHALL CLOSE, NO FUNDS SHALL BE RELEASED FROM ESCROW TO THE SUBDIVIDER, AND NO TITLE SHALL BE CONVEYED FOR ANY PORTION OF THE SUBDIVISION COVERED BY THIS "CONDITIONAL PUBLIC REPORT". HOWEVER, THE SUBDIVIDER A MAY ENTER INTO A BINDING AGREEMENT WITH YOU FOR THE PURCHASE OR LEASE OF A LOT IN THIS SUBDIVISION IF: CONDOMINIUM UNIT (A) THE SUBDIVIDER FIRST PROVIDES YOU WITH A COPY OF THIS CONDITIONAL PUBLIC REPORT AND A WRITTEN STATEMENT CONTAINING CERTAIN DISCLOSURES REQUIRED BY BUSINESS & PROFESSIONS CODE SECTION 11018.12(f); (B) PROVISION IS MADE IN THE PURCHASE AGREEMENT/CONTRACT AND ESCROW INSTRUCTIONS FOR THE RETURN OF THE ENTIRE SUM OF MONEY PAID OR ADVANCED ("PURCHASE MONEY") BY YOU IF A FINAL PUBLIC REPORT HAS NOT BEEN ISSUED DURING AS MAY BE EXTENDED. THE TERM OF THIS "CONDITIONAL PUBLIC REPORT" (C) PROVISION IS MADE IN THE PURCHASE AGREEMENT/CONTRACT AND ESCROW INSTRUCTIONS FOR THE RETURN TO YOU OF THE ENTIRE SUM OF MONEY PAID OR ADVANCED BY YOU IF YOU ARE DISSATISFIED WITH THE "FINAL PUBLIC REPORT" BECAUSE OF A MATERIAL CHANGE IN THE SETUP OF THE OFFERING. (REFER TO BUSINESS & PROFESSIONS CODE SECTION 11012.) (D) AS A CONDITION OF THE PURCHASE, DELIVERY OF LEGAL TITLE OR OTHER INTEREST CONTRACTED FOR WILL NOT TAKE PLACE UNTIL ISSUANCE OF A FINAL PUBLIC REPORT. Page 2 of 31 American LegalNet, Inc. www.FormsWorkFlow.com BEFORE ENTERING INTO A CONTRACT UNDER THE AUTHORITY OF THIS "CONDITIONAL PUBLIC REPORT", YOU SHOULD REVIEW THE PURCHASE AGREEMENT/CONTRACT CAREFULLY TO MAKE SURE THAT YOU WILL BE ABLE TO HONOR YOUR OBLIGATIONS WHEN IT IS TIME TO CLOSE ESCROW. FOR EXAMPLE, IF YOU DO NOT HAVE FUNDS TO COMPLETE THE PURCHASE MONEY LOAN, YOU MAY BE OBLIGATED UNDER THE PURCHASE AGREEMENT/CONTRACT TO KEEP AN ADEQUATE LOAN COMMITMENT IN EFFECT UNTIL THE "FINAL PUBLIC REPORT" IS ISSUED AND IT IS TIME TO COMPLETE THE PURCHASE. YOU SHOULD CAREFULLY CONSIDER WHETHER THERE WILL BE CHANGES IN YOUR INCOME, ASSETS OR LIABILITIES THAT COULD MAKE YOUR LENDER UNABLE TO FUND THE LOAN. YOU SHOULD ALSO CONSIDER YOUR PERSONAL SITUATION BEFORE ENTERING INTO A CONTRACT AS YOUR DESIRE AND ABILITY TO COMPLETE THE PURCHASE MAY CHANGE. THE BUREAU OF REAL ESTATE HAS REVIEWED THE PURCHASE AGREEMENT/CONTRACT FORM BUT HAS NOT REVIEWED ANY ARRANGEMENTS YOU MAY ENTER INTO WITH YOUR PURCHASE MONEY LENDER. YOU SHOULD CAREFULLY REVIEW YOUR ARRANGEMENTS WITH THE LENDER. Always included YOU SHOULD READ AND THOROUGHLY UNDERSTAND ALL SALES CONTRACT AND LOAN DOCUMENTS. IF YOU DO NOT UNDERSTAND THE TERMS OF YOUR CONTRACT OR LOAN DOCUMENTS, YOU MAY WISH TO CONSIDER CONSULTING WITH YOUR OWN ATTORNEY BEFORE ENTERING INTO A CONTRACT TO PURCHASE THE PROPERTY. Use the following for initial issuance of a conditional SIX THIRTY MONTHS. THE INITIAL TERM OF THIS "CONDITIONAL PUBLIC REPORT" IS WHEN THE "CONDITIONAL PUBLIC REPORT" EXPIRES, YOU MAY WISH TO CONSIDER CONTACTING THE SUBDIVIDER TO DISCUSS THE STATUS OF YOUR CONTRACT, SINCE A "CONDITIONAL PUBLIC REPORT" MAY BE RENEWED FOR ONE ADDITIONAL SIX MONTH TERM. Use the following if renewing the conditional THE INITIAL TERM OF THIS "CONDITIONAL PUBLIC REPORT" WAS SIX THIRTY MONTHS AND HAS BEEN RENEWED FOR ONE ADDITIONAL SIX MONTH TERM. WHEN THIS "CONDITIONAL PUBLIC REPORT" EXPIRES, YOU MAY WISH TO CONSIDER CONTACTING SUBDIVIDER TO DISCUSS THE STATUS OF YOUR CONTRACT. THIS "CONDITIONAL PUBLIC REPORT" ALLOWS THE SUBDIVIDER TO ENTER INTO A BINDING CONTRACT WITH YOU, SUBJECT TO YOUR RECEIPT, EXAMINATION, AND ACCEPTANCE OF A "FINAL PUBLIC REPORT" WITHIN THE TIME PERIOD INDICATED IN YOUR PURCHASE AGREEMENT/CONTRACT. THE FOLLOWING CONDITIONS MUST BE SATISFIED BY THE SUBDIVIDER BEFORE A "FINAL PUBLIC REPORT" CAN BE ISSUED: (complete list of conditions) __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ Page 3 of 31 American LegalNet, Inc. www.FormsWorkFlow.com Use the following if a conditional public report has been issued for this file. CONDITIONAL SUBDIVISION PUBLIC REPORT IF YOU ENTERED INTO A PURCHASE AGREEMENT/CONTRACT TO PURCHASE OR LEASE AN INTEREST IN THE SUBDIVISION UNDER AUTHORITY OF A CONDITIONAL SUBDIVISION PUBLIC REPORT ("CONDITIONAL PUBLIC REPORT"), THE PURCHASE AGREEMENT/CONTRACT AND THE ESCROW INSTRUCTIONS CONTAINED ARRANGEMENTS FOR THE RETURN TO YOU OF MONIES PAID OR ADVANCED IF YOU ARE DISSATISFIED WITH THIS FINAL SUBDIVISION PUBLIC REPORT ("FINAL PUBLIC REPORT") BECAUSE OF A MATERIAL CHANGE IN THE SETUP OF THE OFFERING COVERED BY BUSINESS & PROFESSIONS CODE SECTION 11012. YOU ARE ADVIS
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