Water Heater and Smoke Detec­tor Com­pli­ance (HSC § 13113.8) — To inform a buy­er, the smoke detec­tor and water heater com­ply with state law. Dec­la­ra­tion of Con­for­mi­ty of Fire Detec­tors [Sec­tion 13113.8(b)) — This dec­la­ra­tion must be pro­vid­ed to a poten­tial buy­er inter­est­ed in pur­chas­ing a detached home. You must then con­firm the form that con­firms that the sell­er com­plies with Cal­i­for­nia fire detec­tion laws. 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. Nat­ur­al Haz­ard Dis­clo­sure State­ment (NHDS) (Sec­tion 1103) — The sell­er or its rep­re­sen­ta­tive is respon­si­ble for pre­sent­ing the buy­er with a dis­clo­sure form inform­ing him of the poten­tial nat­ur­al haz­ards that affect the oppo­site domi­cile of the con­tract. The above form con­tains the infor­ma­tion required by the State: Title Insur­ance Advi­so­ry Notice (§1057.6) — If the buy­er does not keep a title insur­ance pol­i­cy dur­ing a fidu­cia­ry trans­ac­tion for the pur­chase of a res­i­den­tial prop­er­ty, a noti­fi­ca­tion must be sent to him in the fol­low­ing para­graph: Water Heater Com­pli­ance State­ment [Arti­cle 19211 (b)) — Sell­ers of real estate must cer­ti­fy, in writ­ing, that the water heater con­tained in the prop­er­ty must com­ply in the event of an earth­quake. (The title form also con­tains the dec­la­ra­tion of con­for­mi­ty of the fire detec­tors.) Cal­i­for­nia Asso­ci­a­tion of Real­tors — Adobe PDF (form tem­plate) The cal­i­for­nia sales con­tract is the offi­cial legal form that is applied when a per­son wants to sell their prop­er­ty to anoth­er par­ty. The sell­er (or its rep­re­sen­ta­tive) makes avail­able to the buy­er a copy of the doc­u­ment con­tain­ing all the essen­tial pro­vi­sions, dis­clo­sures and gen­er­al infor­ma­tion nec­es­sary for a bind­ing con­tract. As a rule, a seri­ous deposit of mon­ey is made in the name of the buy­er as a sign of good faith before the actu­al con­clu­sion. All financ­ing relat­ed to the exchange should be defined in the form in order to avoid any form of dis­pute over pay­ment. A con­tract for the pur­chase and sale of res­i­den­tial prop­er­ties in Cal­i­for­nia is a con­tract between a natural/legal per­son who sells real estate and the natural/legal per­son who wish­es to pur­chase that property.

The par­ties, buy­ers and sell­ers, agree on the terms of this Agree­ment in order to reach a mutu­al­ly ben­e­fi­cial agree­ment. A price is set by the sell­er (and pos­si­bly nego­ti­at­ed by the buy­er) and a clos­ing date for the sale is imple­ment­ed. A pur­chase and sale con­tract also con­tains agree­ments and pro­vi­sions cov­er­ing every­thing from financ­ing options and seri­ous mon­ey to the con­di­tion of real estate and inspec­tions. It is the seller‘s legal duty to record a dis­clo­sure inform­ing the buy­er of any ques­tions regard­ing the con­di­tion of the property.…