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23-3573 Approving Sale of Surplus Property located at 329 Seminola Blvd
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23-3573 Approving Sale of Surplus Property located at 329 Seminola Blvd
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5/18/2023 5:30:04 PM
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City Clerk
City Clerk - Doc Type
Resolutions
City Clerk - Date
5/15/2023
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dotloop signature verification: <br />165 search of records necessary for the owner's policy of title insurance to be issued without exception for unrecorded <br />166 liens imposed pursuant to Chapters 153, 159 or 170, F.S., in favor of any governmental body, authority or agency. <br />167 (CHECK ONE): <br />168 * ® (i) Seller shall designate Closing Agent and pay for Owner's Policy and Charges, and Buyer shall pay the <br />169* premium for Buyer's lender's policy and charges for closing services related to the lender's policy, <br />170 endorsements and loan closing, which amounts shall be paid by Buyer to Closing Agent or such other <br />171 provider(s) as Buyer may select; or <br />172* ❑ (ii) Buyer shall designate Closing Agent and pay for Owner's Policy and Charges and charges for closing <br />173 services related to Buyer's lender's policy, endorsements and loan closing; or <br />174 * ❑ (iii) [MIAMI-DADE/BROWARD REGIONAL PROVISION]: Buyer shall designate Closing Agent. Seller shall <br />175 * furnish a copy of a prior owner's policy of title insurance or other evidence of title and pay fees for: (A) a <br />176 continuation or update of such title evidence, which is acceptable to Buyer's title insurance underwriter for <br />177 reissue of coverage; (B) tax search; and (C) municipal lien search. Buyer shall obtain and pay for post -Closing <br />178 continuation and premium for Buyer's owner's policy, and if applicable, Buyer's lender's policy. Seller shall not <br />179 * be obligated to pay more than $_ (if left blank, then $200.00) for abstract continuation or title <br />160 search ordered or performed by Closing Agent. <br />181 (d) SURVEY: At least 5 days prior to Closing Date, Buyer may, at Buyer's expense, have the Real Property <br />182 surveyed and certified by a registered Florida surveyor ("Survey"). If Seller has a survey covering the Real <br />183 Property, a copy shall be furnished to Buyer and Closing Agent within 5 days after Effective Date. <br />184* (e) HOME WARRANTY: At Closing, ❑ Buyer ❑ Seller ® N/A shall pay for a home warranty plan issued by <br />185* at a cost not to exceed $ A home <br />186 warranty plan provides for repair or replacement of many of a home's mechanical systems and major built-in <br />187 appliances in the event of breakdown due to normal wear and tear during the agreement's warranty period. <br />188 (f) SPECIAL ASSESSMENTS: At Closing, Seller shall pay: (i) the full amount of liens imposed by a public body <br />189 ("public body" does not include a Condominium or Homeowner's Association) that are certified, confirmed and <br />190 ratified before Closing; and (ii) the amount of the public body's most recent estimate or assessment for an <br />191 improvement which is substantially complete as of Effective Date, but that has not resulted in a lien being <br />192 imposed on the Property before Closing. Buyer shall pay all other assessments. If special assessments may <br />193 be paid in installments (CHECK ONE): <br />194 * ❑ (a) Seller shall pay installments due prior to Closing and Buyer shall pay installments due after Closing. <br />195 Installments prepaid or due for the year of Closing shall be prorated. <br />196 * ® (b) Seller shall pay, in full, prior to or at the time of Closing, any assessment(s) allowed by the public body <br />197 to be prepaid. For any assessment(s) which the public body does not allow prepayment, OPTION (a) shall be <br />198 deemed selected for such assessment(s). <br />199 IF NEITHER BOX IS CHECKED, THEN OPTION (a) SHALL BE DEEMED SELECTED. <br />200 This Paragraph 9(f) shall not apply to a special benefit tax lien imposed by a community development district <br />201 (CDD) pursuant to Chapter 190, F.S., or special assessment(s) imposed by a special district pursuant to <br />202 Chapter 189, F.S., which lien(s) or assessment(s) shall be prorated pursuant to STANDARD K. <br />203 DISCLOSURES <br />204 10. DISCLOSURES: <br />205 (a) RADON GAS: Radon is a naturally occurring radioactive gas that, when it is accumulated in a building in <br />206 sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that <br />207 exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding <br />208 radon and radon testing may be obtained from your county health department. <br />209 (b) PERMITS DISCLOSURE: Except as may have been disclosed by Seller to Buyer in a written disclosure, Seller <br />210 does not know of any improvements made to the Property which were made without required permits or made <br />211 pursuant to permits which have not been properly closed or otherwise disposed of pursuant to Section 553.79, <br />212 F.S. If Seller identifies permits which have not been closed or improvements which were not permitted, then <br />213 Seller shall promptly deliver to Buyer all plans, written documentation or other information in Seller's possession, <br />214 knowledge, or control relating to improvements to the Property which are the subject of such open permits or <br />215 unpermitted improvements. <br />216 (c) MOLD: Mold is naturally occurring and may cause health risks or damage to property. If Buyer is concerned or <br />217 desires additional information regarding mold, Buyer should contact an appropriate professional. <br />218 (d) FLOOD ZONE; ELEVATION CERTIFICATION: Buyer is advised to verify by elevation certificate which flood <br />219 zone the Property is in, whether flood insurance is required by Buyer's lender, and what restrictions apply to <br />220 improving the Property and rebuilding in the event of casualty. If Property is in a "Special . d Hazard Area" <br />Buyer's InitialsZ", <br />Page 4 of 12 Seller's Ini alsFloridaRealtorsA ev.10/21 © 2021 Florida Realtors® and The Florida Bar. All rights reserved. <br />+, dotloop verified <br />
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