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Preapproved to buy 6870 part 1\Uthsj,Aisign IU: 24t-tjbbLJ-9UU4-t1-I1-VbFS-bU4St3UutjdI bl JOIN Premier � Banks White Bear Lake 2151 THIRD STREET • WHITE BEAR LAKE, MINNESOTA 55110-3270 - PHONE 651-426-7800 - FAX 651-426-1537 - premierbanks.com April 24, 2024 Steven Schwieters Wooddale Builders Inc. 6117 Blue Circle Dr. Ste 101 Minnetonka, MN 55343 RE: 6870 Minnewashta Parkway, Chanhassen To Whom It May Concern, Please accept this letter as verification that Steven Schwieters / Wooddale Builders are pre - approved for up to $2,000,000.00 to purchase the land/lots located at 6870 Minnewashta Parkway, Chanhassen. If you have any questions regarding this, please call me at 651-426-7800. Sincerely, Douglas A. Schultze President — White Bear Lake Office FDIC ANDOVER - BLAINE - HUGO - MAPLEWOOD - OSSEO • ROSEVILLE - WHITE BEAR LAKE - WOODBURY iutrieptisign IU: 2,'JiVbbbU-auu4-EFll-9(iFb-bU4bbUubblb1 EARNEST MONEY RECEIPT COLDWELL BA14KER This form approved by the Minnesota Association of REALTORSe REALTY which disclaims any liability alloing out of use or misuse of this form. B 2010 Minnesota Association of REALTORV 1. Date April 24th, 2024 2. Time 3. Buyer's licensee representing or assisting Buyer represents that he/she has in his/her possession earnest money in 4. the amount of $ 100,000.00 , check number 5. related to the Purchase Agreement dated April 24th 2024 , for the property located at G. 6070 Hinnewashta Parkway (street) 7. Chanhassen MN 55331 (City/Statemp) 8. Buyer's licensee representing or assisting Buyer will deliver the earnest money pursuant to the above -referenced 9. Purchase Agreement, but to be returned to Buyer if Purchase Agreement is not accepted by Seller. 10. Buyer and Ucensee Representing or Assisting Buyer Information: (Buyer's Name(s)) 12. Erie D Stafford (Buyer's Licensee Representing or Assisting Buyer) MN:EMR (8119) 9141nnesotir Reattore *ueueArrinuc \utneptisign w:2:?tiretibu-auun-tr11-9bFb-bU4bbUUbblbi PURCHASE AGREEMENT. COLDWELL BANKER VACANT LAND (RESIDENTIAL) REALTY This form approved by the Minnesota Association of REALTORSO, which disclaims any liability arising out of use or misuse of this form. © 2023 Minnesota Association of REALTORS' 1. Date April 24 2024 2. Page 1 3. BUYER(S): Wooddale Builders, Inc 4. 5. Buyer's earnest money in the amount of 6 One Hundred Thousand Dollars ($ 100, 000. 00 ) 7. shall be delivered to listing broker, or, if checked, to❑ no later than two (2) Business -------------------------------------- 'Earnest Money Holder" 8. Days after Final Acceptance Date. Buyer and Seller agree that earnest money shall be deposited in the trust account 9. of Earnest Money Holder as specified above within three (3) Business Days of receipt of the earnest money or Final 10. Acceptance Date, whichever is later. 11. Said earnest money is part payment for the purchase of the property located at 12. Street Address: 6870 Minnewashta Parkway 13. City of Chanhassen , County of Carver State of Minnesota, 14. Zip Code 55331 legally described as P/0 GOVT LOT 6 DESC AS: BEG AT A PT ON W LINE OF GOVT LOT 6 704.93' NLY FROM SW 15. CORN GOVT LOT 6 TH N ON W LINE 207.80' TO A PT ON W LINE 396' SLY FROM NW CORN GOVT LOT 6 TH PARALLEL WITH N LINE OF GOV 16. 17. including all fixtures, if any, AND including the following personal property, if any, which shall be transferred with no 18. additional monetary value, and free and clear of all liens and encumbrances: 19. 20. 21. (collectively the "Property"). 22. Notwithstanding the foregoing, the following item(s) are excluded from the purchase: 23. Seller to have all the personal property and debris removed from the property prior to closing. 24. PURCHASE PRICE: 25. Seller has agreed to sell the Property to Buyer for the sum of ($ 2,220, 000.00 ) 26. 27.Two Million Two Hundred Twenty Thousand Dollars, 28. which Buyer agrees to pay in the following manner: 29 1 100 percent (%) of the sale price in CASH, or more in Buyer's sole discretion, including earnest money; 30. 2. percent (%) of the sale price in MORTGAGE FINANCING. (See following Mortgage Financing 31. section.) 32. 3. percent (%) of the sale price by ASSUMING Seller's current mortgage. (See attached Addendum to 33. Purchase Agreement. Assumption Financing.) 34. 4. percent (%) of the sale price by CONTRACT FOR DEED. (See attached Addendum to Purchase 35. Agreement. Contract for Deed Financing.) 36. CLOSING DATE: 37. The date of closing shall be see line 464 MN:PA:VL-1 (8/23) Minnesota Realtors® Aft TDANCAI'TIAWC \UtheptlSlgn IU: 2tVFbbbU-9D04-tF 11-96F5-bU45tiUUb81b1 PURCHASE AGREEMENT: VACANT LAND (RESIDENTIAL) 38, Page 2 Date APril 24 2024 39. Property located at 6872 Minnewashta Parkway Chanhassen NN 55332 40. MORTGAGE FINANCING: 41. This Purchase Agreement ❑ IS ❑- IS NOT subject to the mortgage financing provisions below. If IS, complete the .--_.(Check one,J-..... 42. MORTGAGE FINANCING section below. If IS NOT, proceed to the SELLER'S CONTRIBUTIONS TO BUYER'S 43. COSTS section. 44. Such mortgage financing shall be: (Check one.) 45. ❑ FIRST MORTGAGE only ❑FIRST MORTGAGE AND SUBORDINATE FINANCING. 46. Buyer shall apply for and secure, at Buyer's expense, a: (Check all that apply.) 47. ❑ CONVENTIONAL OR PRIVATELY INSURED CONVENTIONAL 48. ❑ DEPARTMENT OF VETERANS' AFFAIRS ("DVA") GUARANTEED 49. ❑ FEDERAL HOUSING ADMINISTRATION ("FHA") INSURED 50. ❑ UNITED STATES DEPARTMENT OF AGRICULTURE ("USDA") RURAL DEVELOPMENT 51. ❑ OTHER 52. mortgage in the amount stated in this Purchase Agreement, amortized over a period of not more than 53. years, with an initial Interest rate at no more than percent (%) per annum. The mortgage 54. application IS TO BE MADE WITHIN FIVE (5) BUSINESS DAYS after the Final Acceptance Date. Buyer agrees to 55. use best efforts to secure a commitment for such financing and to execute all documents required to consummate 56. said financing. 57. MORTGAGE FINANCING CONTINGENCY. This Purchase Agreement Is contingent upon the following and applies 58. to the first mortgage and any subordinate financing. (Check one.) 59. ❑ If Buyer cannot secure the financing specified in this Purchase Agreement, and this Purchase Agreement does not 60. close on the closing date specified, this Purchase Agreement Is canceled. Buyer and Seller shall immediately 61. sign a Cancellation of Purchase Agreement confirming said cancellation and directing all earnest money paid here 62. to be ❑ REFUNDED TO BUYER ❑ FORFEITED TO SELLER. --- --------------------------- -.. (Check one.J--__--_------------------------ ------ 63. NOTE: If this Purchase Agreement is subject to DVA or FHA financing, FORFEITED TO SELLER may be 64. prohibited. See the following DVA and FHA Escape Clauses. 65. OR 66. ❑ Buyer shall provide Seller, or licensee representing or assisting Seller, with the Written Statement, on 67. or before 68. For purposes of this Contingency, "Written Statement" means a Written Statement prepared by Buyer's mortgage 69. origlnator(s) or lenders) after the Final Acceptance Date that Buyer is approved for the Ioan(s) specified In this 70. Purchase Agreement, including both the first mortgage and any subordinate financing, if any, and stating that an 71. appraisal, satisfactory to the lender(s), has been completed or the lender(s) has waived the appraisal and stating 72. conditions required by lender(s) to close the loan. 73. Upon delivery of the Written Statement to Seller, or licensee representing or assisting Seller, the obligation for 74. satisfying all conditions required by mortgage originator(s) or lender(s), except those conditions specified below, 75. are deemed accepted by Buyer: 76. (a) work orders agreed to be completed by Seller; 77. (b) any other financing terms agreed to be completed by Seller here; and 78. (c) any contingency for the sale and closing of Buyer's property pursuant to this Purchase Agreement. MN:PA:VL-2 (8/23) Minnesota Realtors® Aft rn rwcerrenuc \utnerusign IU: 25�l-bbt>U-9UU4-EFll-ytihb-tiU4bbUUti6lbI PURCHASE AGREEMENT., VACANT LAND (RESIDENTIAL) 79. Page 3 Date APril 24 2024 80. Property located at 6870 Minnewashta Parkway Chanhassen MN 55331 81. Upon delivery of the Written Statement, if this Purchase Agreement does not close on the stated closing date for 82. ANY REASON relating to financing, including, but not limited to interest rate and discount points, if any, then Seiler. 83. may, at Seller's option, declare this Purchase Agreement canceled, in which case this Purchase Agreement is 84. canceled. If Seller declares this Purchase Agreement canceled, Buyer and Seller shall immediately sign a 85, Cancellation of Purchase Agreement confirming said cancellation and directing all earnest money paid here to 86. be forfeited to Seller as liquidated damages. in the alternative, Seller may seek all other remedies allowed by law. 87. Notwithstanding the language in the preceding paragraph, Seller may not declare this Purchase Agreement 88. canceled If the reason this Purchase Agreement does not close was due to: 89. (a) Seller's failure to complete work orders to the extent required by this Purchase Agreement; 90. (b) Seller's failure to complete any other financing terms agreed to be completed by Seller here; or 91. (c) any contingency for the sale and closing of Buyer's property pursuant to this Purchase Agreement, except 92. as specified in the contingency for sale and closing of Buyer's property. 93. if the Written Statement is not provided by the date specified on line 66, Seller may, at Seller's option, declare this 94. Purchase Agreement canceled by written noticeto Buyer at any time priorto Seller receiving the Written Statement, 95. in which case this Purchase Agreement is canceled. In the event Seller declares this Purchase Agreement 96. canceled, BuyerandSeller-shall immediatelysignaCancellationofPurchaseAgreementconfirmingsaid cancellation 97. and directing all earnest money paid here to be ❑ RETAINED BY SELLER ❑ REFUNDED TO BUYER. ------------------------------------ (check 98. If the Written Statement is not provided, and Seller has not previously canceled this Purchase Agreement, this 99, Purchase Agreement is canceled as of the closing date specified in this Purchase Agreement. Buyer and Seller 100. shall immediately sign a Cancellation of Purchase Agreement confirming said cancellation and directing all 101. earnest money paid here to be ❑ RETAINED BY SELLER ❑ REFUNDED TO BUYER. ----- --- -------- -.--------------- Check one. 1 D2. LOCKING NG OEMORTGAGE INTEREST RATE ("RATE"): The Rate shall be locked with the lender(s) by Buyer. 103. (Check one.) 104. ❑ WITHIN FIVE (5) BUSINESS DAYS OF FINAL ACCEPTANCE DATE; OR 105. ❑ AT ANY TIME PRIOR TO CLOSING OR AS REQUIRED BY LENDER(S). 106. LENDER COMMITMENT WORK ORDERS: Seller agrees to pay up to $ to 107. make repairs as required by the lender commitment. If the lender commitment Is subject to any work orders for which 108. the cost of making said repairs shall exceed this amount, Seller shall have the following options: 109, (a) making the necessary repairs; or 110. (b) negotiating the cost of making said repairs with Buyer; or 111. (c) declaring this Purchase Agreement canceled, in which case this Purchase Agreement is canceled. Buyerand Seller 112. shall immediately sign a Cancellation of Purchase Agreement confirming said cancellation and directing all 113. earnest money paid here to be refunded to Buyer, unless Buyer provides for payment of the cost of said repairs 114, or escrow amounts related thereto above the amount specified on line 105 of this Purchase Agreement. 115. ❑ SELLER ❑ BUYER agrees to pay any reinspection fee required by Buyer's lender(s). ---------(Check one.)------------- 116. FHA ESCAPE CLAUSE (FHA Financing only): "it is expressly agreed that, notwithstanding any other provisions 117. of this contract, the purchaser shall not be obligated to complete the purchase of the Property described here or to 118. incur any penalty by forfeiture of earnest money deposits or otherwise, unless the purchaser has been given in 119. accordance with the Department of Housing and Urban Development ("HUD')/FHA or DVA requirements a written 120. statement by the Federal Housing Commissioner, Department of Veterans' Affairs, or a Direct Endorsement lender 121. setting forth the appraised value of the Property as not less than $ (sale price) 122. The purchaser shall have the privilege and option of proceeding with consummation of the contract without regard 123. to the amount of the appraised valuation. The appraised valuation is arrived at to determine the maximum mortgage 124. HUD will insure; HUD does not warrant the value nor the condition of the Property. The purchaser should satisfy 125. himself/herself that the price and condition of the Property are acceptable." 126. LENDER PROCESSING FEES JFHA DVA Financing Onlvi: Seller agrees to pay Buyer's closing fees and 127. miscellaneous processing fees which cannot be charged to Buyer, not to exceed $ 128. This amount is in addition to Seller's Contributions to Buyer's Costs, if applicable. �Minnesott MN:PA:VL-3 (8/23) Realtors® dfflA ro w uc n rTonue \uthegnsign IU: LbWFb6bU-9Uu4-EF1 1-9bFb-bU4bt3UUbZ31 bl PURCHASE AGREEMENT VACANT LAND (RESIDENTIAL) 129. Page 4 Date apsil 24 2024 130. Property located at 6870 Minnewashta Parkway Chanhassen MN 55331 131. DVA FUNDING FEE (DVA Financing only: Pursuant to federal regulations, a one-time Funding Fee based on loan 132. amount must be paid at the closing of this transaction as follows: 133. 134. paid by Buyer ❑ AT CLOSING ❑ ADDED TO MORTGAGE AMOUNT --------------------------------------(Check one,)------------------------------------ - paid by Seller 135. NOTE: DVA regulations limit the fees and charges Buyer can pay to obtain a DVA loan. 136. DEPARTMENT OF VETERANS' AFFAIRS ESCAPE CLAUSE (DVA Financing only): "It is expressly agreed that, 137. notwithstanding any other provisions of this contract, the purchaser shall not incur any penalty by forfeiture of earnest 138. money or otherwise be obligated to complete the purchase of the Property described here, if the contract purchase 139. price or cost exceeds the reasonable value of this Property established by the Department of Veterans' Affairs. The 140. purchaser shall, however, havethe privilege and option of proceeding with the consummation of this contract without 141. regard to the amount of reasonable value established by the Department of Veterans' Affairs." 142. NOTE: Verify DVA requirements relating to payment of all special assessments levied and pending, and 143. annual Installments of special assessments certified to yearly taxes. 144. OTHER MORTGAGE FINANCING ITEMS: 145. 146. SELLER'S CONTRIBUTIONS TO BUYER'S COSTS: 147. Seller[] IS © IS NOT contributing to Buyer's costs. If answer is IS, Seller agrees to pay at closing, up to: (Check one) ---(Check one.)------ 148. ❑ $ 149. ❑ percent (%) of the sale price 150. towards Buyer's closing fees, title service fees, title searches, title examinations, abstracting, lender's title insurance, 151. owner'stitleinsurance, prepaid items, other Buyer'scostsallowable bylender, ifany, and/ormortgagediscountpoints.Any 152. amount of Seller's contribution that exceeds Buyer's allowable costs, or which cannot be used because Seller's 153. contribution exceeds the maximum Seller contribution allowed by law or by mortgage requirements, shall be retained 154. by Seller. 156. NOTE: The amount paid by Seller cannot exceed the maximum Seller contribution allowed by FHA, DVA, or 156. lender. All funds paid by Seller on behalf of Buyer must be stated on the Closing Disclosure at closing. 157. SALE OF BUYER'$ PROPERTY: 158. (Check one.) 159. ❑ 1. This Purchase Agreement is subject to an Addendum to Purchase Agreement: Sale of Buyer's Property 160. Contingency for the sale of Buyer's property. (if checked, see attached Addendum.) 161. OR 162. ❑ 2. This Purchase Agreement is contingent upon the successful closing on the Buyer's property located at 163 which is scheduled to close on 164. pursuant to a fully executed purchase agreement. If Buyer's 165. property does not close by the closing date specified in this purchase Agreement, this Purchase Agreement 166. is canceled. Buyer and Seller shall immediately sign a Cancellation of Purchase Agreement confirming said 167. cancellation and directing all earnest money paid hereto be refunded to Buyer. The language in this paragraph 168. supersedes any other provision to the contrary in any financing contingency made a part of this Purchase 169. Agreement, if applicable. 170. OR 171. ❑7f 3. Buyer represents that Buyer has the financial ability to perform on this Purchase Agreement without the sale 172. and closing on any other property. MN:PA:VL-4 (8/23) Minne sots 19Realtors° !@'4. roeueerT.nue autneE,Vsign IU: 2b;F bbU-yuu4-FF 11-9bF-b-bU4bbL)UtibI bI PURCHASE AGREEMENT: VACANT LAND (RESIDENTIAL) 173. Page 5 Date April 24 2024 174. Property located at 6870 Minnewashta Parkway Chanhassen MN 55331 175. REAL ESTATE TAXEMPECIAL ASSESSMENTS: 176. REAL ESTATE TAXES: Seller shall pay on the date of closing all real estate taxes due and payable in all prior years 177. including all penalties and interest. 178. Buyer shall pay 0 PRORATED FROM DAY OF CLOSING ❑ ALL ❑ NONE ❑ /12ths OF real estate -------------------- ----------------------------------- (Check one.) ---------- - _ _._... - - - ------------- 179, taxes due and payable in the year of closing. 180. Seller shall pay ❑X PRORATED TO DAY OF CLOSING ❑ ALL ❑ NONE ❑ A2ths OF real estate taxes ----- --------------------------------------------(Check one.)------- - - -- ----------- --------- --------- 181. due and payable in the year of closing. 182. Buyer shall pay real estate taxes due and payable in the year following closing and thereafter, the payment of which 183, is not otherwise here provided. No representations are made concerning the amount of subsequent real estate 184. taxes. 185. DEFERRED TAXES/SPECIALASSESSMENTS: 186. ❑ BUYER SHALL PAY []X SELLER SHALL PAY on date of closing any deferred real estate taxes -----------------(Check one.)-------------------------------------- 187. (e.g. Green Acres) or special assessments, payment of which is required as a result of the closing of this sale. 188. ❑ BUYER AND SELLER SHALL PRORATE AS OF THE DATE OF CLOSING ❑X SELLER SHALL PAY ON --------------- --------- -...--------------------------- ---- ---- ---------------- (Check one.) ------ ---- - ---------- - - -------------- ------------------ - 189. DATE OF CLOSING all installments of special assessments certified for payment, with the real estate taxes due and 190. payable in the year or closing. 191. ❑ BUYER SHALL ASSUME © SELLER SHALL PAY on date of closing all other special assessments levied as -------------------------- - -------- -(Check-- 192. of the Date of this Purchase Agreement. 193. ❑ 13UYER SHALL ASSUME ® SELLER SHALL PROVIDE FOR PAYMENT OF special assessments pending as ----- ------ ------•------------------ ------------ (Check one.)--- --- r------------------ --------- --------- -------- --- 194. of the Date of this Purchase Agreement for improvements that have been ordered by any assessing authorities. 195. (Seller's provision for payment shall be by payment into escrow of two (2) times the estimated amount of the 196. assessments or less, as required by Buyer's lender.) 197. Buyer shall pay any unpaid special assessments payable in the year following closing and thereafter, the payment of 198. which Is not otherwise here provided. 199. As of the Date of this Purchase Agreement, Seller represents that Seiler ❑'HAS FX� HAS NOT received a notice -----(Check one) ------------- 200. regarding any new improvement project from any assessing authorities, the costs of which project may be assessed 201. against the Property. Any such notice received by Seller after the Date of this Purchase Agreement and before 202. closing shall be provided to Buyer immediately. If such notice is issued after the Date of this Purchase Agreement and 203. on or before the date of closing, then the parties may agree in writing, on or before the date of closing, to pay, provide 204. for the payment of, or assume the special assessments. In the absence of such agreement, either party may declare 205. this Purchase Agreement canceled by written notice to the other party, or licensee representing or assisting the other 206. party, in which case this Purchase Agreement is canceled. If either party declares this Purchase Agreement canceled, 207. Buyer and Seiler shall Immediately sign a Cancellation of Purchase Agreement confirming said cancellation and 208. directing all earnest money paid here to be refunded to Buyer. 209. ADDITIONAL PR 210. PHEVIOUSLY EXECUTED PURCHASE: This Purchase Agreement ❑ IS N] IS NOT subject to -----•---(Check one.).----- 211. cancellation of a previously executed purchase agreement dated 212. (if answer is IS, said cancellation shall be obtained no later than . . 213. If said cancellation is not obtained by said date, this Purchase Agreement is canceled. Buyer and Seller shall 214_ immediately sign a Cancellation of Purchase Agreement confirming said cancellation and directing all earnest money 215. paid here to be refunded to Buyer.) MN:PA:VL-5 (8123) MinnesotE 19 Realtors" /*, rnauenrrnue aumeptisign IU: 2b�F-bbbU-9uu4-tF-11-9bF-b-bU4bbUUbblb1 PURCHASE AGREEMENT. VACANT LAND (RESIDENTIAL) 216. Page 6 Date April 24 2024 217. Property located at 6870 Minnewashta Parkway Chanhassen M 55332 218. SPECIAL CONTINGENCIES: This Purchase Agreement is subject to the following contingencies, and If the 219. contingencies checked below are not satisfied or waived, In writing, by Buyer by see line 241 , 220. this Purchase Agreement is canceled as of said date. Buyer and Seller shall immediately sign a Cancellation of 221. Purchase Agreement confirming said cancellation and directing all earnest money paid here to be refunded to 222. Buyer. 223. (Select appropriate options a-k.) 224. ❑ (a) Buyer obtaining a physical inspection of the Property, satisfactory to Buyer. 225. ❑ (b) Buyer obtaining evidence of utility connections available, and costs for connection to the Property, satisfactory 226. to Buyer. 227. X (c) ❑X BUYER ❑ SELLER shall provide a certificate of survey of the Property, at © BUYER ❑ SELLER ------------- (Check one.)------------- 228. expense. 229. ❑ (d) Buyer obtaining approval of city/township of proposed building plans and specifications at 230. ❑ BUYER ❑ SELLER expense. -------------(check one.) ----- -- 231. ❑ (e) Buyer obtaining approval of city/township of proposed subdivision development plans at 232. ❑ BUYER ❑ SELLER expense. -------------(Check one.) --- ------ 233. ❑ (f) Buyer obtaining approval of city/township for rezoning or use permits at ❑ BUYER ❑ SELLER expense. -- - -- (Check one.) ------ ------ 234. ❑ (g) Buyer obtaining, at ❑ BUYER ❑ SELLER expense, percolation tests which are acceptable to Buyer. ----------(Check one) -.......... 235. ® (h) Buyer obtaining, at © BUYER ❑ SELLER expense, soil tests which indicate that the Property may be ---- -------- (Check one.)•---------- 236. improved without extraordinary building methods or cost. 237. ❑ (1) Buyer obtaining approval of building plans and/or specifications in accordance with any recorded subdivision 238. covenants and approval of the architectural control committee. 239. ❑ 0) Buyer obtaining, at ❑ BUYER ❑ SELLER expense, copies of all covenants, reservations, and restrictions ------------ Check one.)----------- 240. affecting the Property, satisfactory to Buyer. 241. © (k) Other: City approval for residential subdivision creating five buildable lots. 242. (City estimates between 60-90 days). 243. 244, 245. Seller's expenses for these contingencies (if any) shall not exceed $ 246. 247. 248. 249. 250. 251. 252. 253. 254. DEEDIMARKETABLE TITLE: Upon performance by Buyer, Seller shall deliver a: (Check one.) ❑ WARRANTY DEED ❑ PERSONAL REPRESENTATIVE'S DEED ❑ CONTRACT FOR DEED Q TRUSTEE'S DEED ❑ Other: Deed joined in by spouse, if any, conveying marketable title, subject to (a) building and zoning laws, ordinances, state and federal regulations; (b) restrictions relating to use or improvement of the Property without effective forfeiture provisions; (c) reservation of any mineral rights by the State of Minnesota; (d) utility and drainage easements which do not interfere with existing improvements; (e) rights of tenants as follows (unless specified, not subject to tenancies): 265, 256. (f) others (must be specified in writing): ; and 257. MN:PA:VL-6 (8/23) MinnesotE Realtorso X"V *eaucarr,nue wmen[isign W: 2b�FbbbU-9UU4-EF11-UbF-b-bU4bbUU6b1b1 259. Property located at 6870 260. 261. 262. Hinnewashta Parkway PURCHASE AGREEMENT. VACANT LAND (RESIDENTIAL) 258. Page 7 Date April 24 2024 Chanhassen 14N 55331 POSSESSION: Seller shall deliver possession of the Property: (Check one.) IMMEDIATELY AFTER CLOSING; or ❑ OTHER: 263, Seller agrees to remove ALL DEBRIS AND ALL PERSONAL PROPERTY NOT INCLUDED HERE from the Property 264. by possession date. 265. PRORATIONS: All interest; unit owners' association dues; rents; and charges for city water, city sewer, electricity, 266. and natural gas shall be prorated between the parties as of date of closing. Buyer shall pay Seller for remaining 267. gallons of fuel oil or liquid petroleum gas on the day of closing, at the rate of the last fill by Seller. 268. TITLE AND EXAMINATION. Within a reasonable time period after Final Acceptance Date, Seller shall provide one of 269. the following title evidence options, at Seller's selection, which shall include proper searches covering bankruptcies, 270. state and federal judgments and liens, and levied and pending special assessments to Buyer or Buyer's designated 271. title service provider: 272. (a) A commitment for an owner's policy of title insurance on a currentALTA form issued by an insurer licensed to write 273. title insurance in Minnesota as selected by Buyer. Seller shall be responsible for the title search and exam costs 274. related to the commitment. Buyer shall be responsible for all additional costs related to the issuance of the title 275. insurance policy(ies), including but not limited to the premium(s), Buyer's name search and plat drawing, if 276. any. Seller shall deliver any abstract of title and a copy of any owner's title Insurance policy for the Property, 277. if in Seller's possession or control, to Buyer or Buyer's designated title service provider. Any abstract of title or 278. owner's title insurance policy provided shall be immediately returned to Seller, or licensee representing or 279. assisting Seller, upon cancellation of this Purchase Agreement. 280. (b) An Abstract of Title certified to date if Abstract Property or a Registered Property Abstract ("RPA") certified to date 281, if Registered (Torrens) Property. Seller shall pay for the abstracting or RPA costs and deliver any abstract for 282. this Property In Seller's possession or control to Buyer or Buyer's designated title service provider. Any abstract 283. provided shall be immediately returned to Seller, or licensee representing or assisting Seller, upon cancellation of 284. this Purchase Agreement. If Property is Abstract and Seller does not have an abstract of title, Option (a) will 285. automatically apply. 286. Seiler shall use Seller's best efforts to provide marketable title by the date of closing. In the event that Seller has not 287. provided marketable title by the date of closing, Seller shall have an additional thirty (30) days to make title marketable 288, or, in the alternative, Buyer may waive title defects by written notice to Seller. In addition to the thirty (30)-day 289. extension, Buyer and Seller may by mutual agreement further extend the closing date. Lacking such extension, 290, either party may declare this Purchase Agreement canceled by written notice to the other party, or licensee 291, representing or assisting the other party, In which case this Purchase Agreement is canceled. If either party declares 292. this Purchase Agreement canceled, Buyer and Seller shall immediately sign a Cancellation of Purchase Agreement 293. confirming said cancellation and directing all earnest money paid here to be refunded to Buyer. 294. SUBDIVISION OF LAND, BOUNDARIES AND ACCESS: If this sale constitutes or requires a subdivision of land 295. owned by Seller, Seller shall pay all subdivision expenses and obtain all necessary governmental approvals. This 296. provision deals with the necessity of subdividing land to complete the sale of the Property described here in contrast 297. to the subdivision provision of lines 230-231 which deals with the future development plans of Buyer. Seller warrants 298. the legal description of the real Property to be conveyed has been or shall be approved for recording as of the date 299. of closing. Seller warrants that there is a right of access to the Property from a public right-of-way. 300. (MECHANIC'S LIENS: Seller warrants that prior to the closing, payment in full will have been made for all labor, 301. materials, machinery, fixtures, or tools furnished within the 120 days Immediately preceding the closing. 302. NOTICES: Seller warrants that Seller has not received any notice from any governmental authority as to condemnation 303. proceedings or violation of any law, ordinance, or regulation. If the Property is subject to restrictive covenants, Seller 304. warrants that Seller has not received any notice from any person or authority as to a breach of the covenants. Any 305. such notices received by Seller shall be provided to Buyer immediately. Discriminatory restrictive covenants (e.g. 306. provisions against conveyance of property to any person of a specified religious faith, creed, national origin, race, or 307. color) are illegal and unenforceable. An owner of real property may permanently remove such restrictive covenants 308. fromthetitle by recording astatutoryform Intheoffice of the county recorder of anycountywherethe propertyis located. MN:PA:VL-7 (SM) Minnesota RealtorsO .dft ruAuenrr,nua \utneptistgn IU: 2bYFtibbU-9UU4-LF11-9bFb-bU4bbUUbb1 Pit PURCHASE AGREEMENT VACANT LAND (RESIDENTIAL) 309. Page 8 Date Agri] 24 2024 310. Property located at 6870 Minnewashta Parkway Chanhassen MN 55331 311. DIMENSIONS: Buyer acknowledges any dimensions, square footage, or acreage of land or improvements provided 312. by Seller, third party, or broker representing or assisting Seller are approximate. Buyer shall verify the accuracy of 313. information to Buyer's satisfaction, If material, at Buyer's sole cost and expense. 314. ACCESS AGREEMENT: Seller agrees to allow Buyer reasonable access to the Property for performance of any 315. surveys, inspections or tests, or for water, sewer, gas, or electrical service hookup as agreed to here. Buyer shall 316. restore the premises to the same condition it was In prior to the surveys, inspections, or tests and pay for any 317. restoration costs relative thereto. 318. RISK OF LOSS: If there is any loss or damage to the Property between the Date of this Purchase Agreement and 319. the date of closing for any reason, including fire, vandalism, flood, earthquake, or act of God, the risk of loss shall 320. be on Seller. If the Property is destroyed or substantially damaged before the closing date, this Purchase Agreement 321. is canceled, at Buyer's option, by written notice to Seller or licensee representing or assisting Seller. if Buyer cancels 322. this Purchase Agreement, Buyer and Seller shall immediately sign a Cancellation of Purchase Agreement confirming 323. said cancellation and directing all earnest money paid here to be refunded to Buyer. 324. TIM€OF ESSENCE: Time is of the essence in this Purchase Agreement. 325. CALCULATION OF DAYS: Any calculation of days begins on the first day (Calendar or Business Days as specified) 326. following the occurrence of the event specified and includes subsequent days (Calendar or Business Days as 327. specified) ending at 11:59 P.M. on the last day. 328. BUSINESS DAYS: "Business Days" are days which are not Saturdays, Sundays, or state and federal holidays 329. unless stated elsewhere by the parties in writing. 330. CALENDAR DAYS: "Calendar Days" include Saturdays, Sundays, or state or federal holidays. For purposes of this 331. Agreement, any reference to "days" means "Calendar Days" unless otherwise required by law. 332. RELEASE OF EARNEST MONEY: Buyer and Seller agree that the Earnest Money Holder shall release earnest 333. money from the Earnest Money Holder's trust account: 334. (a) at or upon the successful closing of the Property; 335. (b) pursuant to written agreement between the parties, which may be reflected in a Cancellation of Purchase 336. Agreement executed by both Buyer and Seller; 337. (c) upon receipt of an affidavit of a cancellation under MN Statute 559.217; or 338. (d) upon receipt of a court order. 339. DEFAULT: If Buyer defaults in any of the agreements here, Seller may cancel this Purchase Agreement, and any 340. payments made here, including earnest money, shall be retained by Seller as liquidated damages and Buyer and 341. Seller shall affirm the same by a written cancellation agreement. 342. If Buyer defaults in any of the agreements here, Seller may terminate this Purchase Agreement under the 343. provisions of either MN Statute 659.21 or MN Statute 559.217, whichever is applicable. If either Buyer or Seller 344. defaults in any of the agreements here or there exists an unfulfilled condition after the date specified for fulfillment, 345. either party may cancel this Purchase Agreement under MN Statute 559.217, Subd. 3. Whenever it is provided here 346. that this Purchase Agreement is canceled, said language shall be deemed a provision authorizing a Declaratory 347. Cancellation under MN Statute 559,217, Subd. 4. 348. If this Purchase Agreement is not canceled or terminated as provided here, Buyer or Seller may seek actual damages 349. for breach of this Purchase Agreement or specific performance of this Purchase Agreement; and, as to specific 350. performance, such action must be commenced within six (6) months after such right of action arises. 351. NOTICE REGARDING AIRPORT ZONING REGULATIONS: The Property may be in or near an airport safety zone 352. with zoning regulations adopted by the governing body that may affect the Property. Such zoning regulations are 358. filed with the county recorder in each county where the zoned area Is located. If you would like to determine if such 354. zoning regulations affect the Property, you should contact the county recorder where the zoned area Is located. 355. NOTICE REGARDING PREDATORY OFFENDER INFORMATION: Information regarding the predatory offender 356. registry and persons registered with the predatory offender registry under MN Statute 243.166 may be 357. obtained by contacting the local law enforcement offices in the community where the Property is located 358. or the Minnesota Department of Corrections at (651) 361-7200, or from the Department of Corrections web 359. site at www.corr.state.mmus. Minnesota MN:PA:[�VL-8 (8/23) I Realtors® of Tunucerrinsie Nutnentjsign IU: GS ;F-bbbu-yuu4-tr1 1-9bi-b-tiu4bbUUb Sltit PURCHASE AGREEMENT,. VACANT LAND (RESIDENTIAL) 360. Page 9 Date April 24 2024 361. Property located at 6870 Minnewashta Parkway Chanhassen MN 55331 362. SPECIAL DISCLOSYRES: Seller discloses, to the best of Seller's knowledge, that the Property described in this 363. Purchase Agreement consists of approximately 3.02 Q ACRES ❑ SQUARE FEET and Is currently zoned one.) ------ --------- 364. 365. Seller discloses, to the best of Seller's knowledge, that the Property ❑ IS Q IS NOT in a designated flood zone. ------(Check one..)------ 366. Seller discloses, to the best of Seller's knowledge, that the Property ❑ DOES Q DOES NOT currently receive ---------------(Check one)------------ 367. preferential tax treatment (e.g. Green Acres, Managed Forest Land, Non -Profit Status, Rural Preserve, SFIA, etc.). 368. Seller discloses, to the best of Seller's knowledge, that the Property ❑ IS ❑X IS NOT enrolled in any federal, state, or ------(Check one.)------ 369. local governmental programs (e.g., conservation programs, CREP, CRP, EQIP, Green Acres, Managed Forest Land, 370. RIM, riparian buffers, Rural Preserve, SFIA, WRP/RIM-WRP, etc.). 371. BUYER HAS THE RIGHT TO A WALK-THROUGH REVIEW OF THE PROPERTY PRIOR TO CLOSING TO 372. ESTABLISH THAT THE PROPERTY IS IN SUBSTANTIALLY THE SAME CONDITION AS OF THE DATE OF THIS 373. PURCHASE AGREEMENT. 374. BUYER HAS RECEIVED A: (Check any that apply.) ❑ DISCLOSURE STATEMENT; VACANT LAND OR A 375. Q DISCLOSURE STATEMENT SELLER'S DISCLOSUREALTERNATIVES FORM. 376. DESCRIPTION OF PROPERTY CONDITION: See Disclosure Statement. Vacant Land or Disclosure Statement: 377. Sellers Disclosure Alternatives for description of disclosure responsibilities and limitations, if any. 378. BUYER HAS RECEIVED THE INSPECTION REPORTS, IF REQUIRED BY MUNICIPALITY. 379. BUYER IS NOT RELYING ON ANY ORAL REPRESENTATIONS REGARDING THE CONDITION OF THE PROPERTY. 380. PLEASE NOTE: Buyer may incur additional charges improving the Property, including, but not limited to, hookup and/ 381. or access charges; municipal charges; costs for sewer access, stubbing access, water access, park dedication, road 382. access, curb cuts, utility connection and connecting fees; and tree planting charges. 383. (Check appropriate boxes.) 384. SELLER WARRANTS THAT THE PROPERTY IS EITHER DIRECTLY OR INDIRECTLY CONNECTED TO: 385. CITY SEWER ❑X YES ❑ NO / CITY WATER AYES ❑ NO 386. SUBSURFACE SEWAGE TREATMENT SYSTEM 387. SELLER ❑ DOES X❑ DOES NOT KNOW OF A SUBSURFACE SEWAGE TREATMENT SYSTEM ON OR (Check one) ---- ----------- 388. SERVING THE PROPERTY. (if answer is DOES, and the system does not require a state permit, see Disclosure 389. Statement., Subsurface Sewage Treatment System.) 390. PRIVATE WELL 391. SELLER ❑ DOES X❑ DOES NOT KNOW OF A WELL ON OR SERVING THE PROPERTY. -----------------(Check one.)-------------------- 392. (If answer Is DOES and well is located on the Property, see Disclosure Statement: Well.) 393. TO THE BEST OF SELLER'S KNOWLEDGE, THE PROPERTY ❑ IS ❑X IS NOT IN A SPECIAL WELL -------(Check one.)---------- 394. CONSTRUCTION AREA. 395. THIS PURCHASE AGREEMENT ❑ IS ❑X IS NOT SUBJECT TO AN ADDENDUM TO PURCHASE AGREEMENT -----(Check one.)------- 396. SUBSURFACE SEWAGE TREATMENT SYSTEM AND WELL INSPECTION CONTINGENCY. 397. (If answer is IS, see attached Addendum.) 398. iF A WELL OR SUBSURFACE SEWAGE TREATMENT SYSTEM EXISTS ON THE PROPERTY, BUYER HAS 399. RECEIVED A DISCLOSURE STATEMENT WELL AND/OR A DISCLOSURE STATEMENT SUBSURFACE 400. SEWAGE TREATMENT SYSTEM. MN:PA:VL-9 (8123) j fCAA Minnesota �CRealtors" w trie;tlslgn Iu:2bl3F(jbbu-9UU4-Lr11-9bFb-(ivabbUUbdlbI PURCHASE AGREEMENT: VACANT LAND (RESIDENTIAL) 401. Page 10 Date ARE" 24 2024 402. Property located at 6870 Minnewashta Parkway Chanhassen MN 55331 403. 404. Rochelle FCilibarda is ❑ Seller's Agent ❑ Buyer's Agent [g] Dual Agent ❑ Facilitator. (Licensee) .............. . ....- - - ---- --- CCheck one.)... .............. —-------- .-------- ....... 405. Coldwell Banker Realty (Real Estate Company Name) 406. Eric D Staffordis ❑ Seller's Agent ❑ Buyer's Agent FX1 Dual Agent ❑ Facilitator. (Licensee) — ----------------- - - - - -(Check one.)........»....._.._.. ....._...._._......_-- 407. Coldwell Banker Realty (Real Estate Company Name) 408. THIS NOTICE DOES IU SATISFY MINNESOTA STATUTORY AGENCY DISCLOSURE REQUIREMENTS. 409. DUAL AGENCY REPRESENTATION 410. PLEASE CHECK DMOF THE FOLLOWING SELECTIONS: 411. ❑ Dual Agency representation DOES NOT apply in this transaction. Do not complete lines 411-427. 412. X❑ Dual Agency representation DOES apply in this transaction. Complete the disclosure in lines 412-427: 413. Broker represents both the Seller(s) and the Buyers) of the Property Involved In this transaction, which creates a 414, dual agency. This means that Broker and its salespersons owe fiduciary duties to both Seller(s) and Buyer(s). Because 415, the parties may have conflicting interests, Broker and its salespersons are prohibited from advocating exclusively for 416. either party. Broker cannot act as a dual agent in this transaction without the consent of both Seller(s) and Buyer(s). 417. Seller(s) and Buyer(s) acknowledge that 418. (1) confidential information communicated to Broker which regards price, terms, or motivation to buy or sell will 419, remain confidential unless Seller(s) or Buyer(s) instructs Broker in writing to disclose this information. Other 420, information will be shared; 421. (2) Broker and its salespersons will not represent the interest of either party to the detriment of the other; and 422. (3) within the limits of dual agency, Broker and its salespersons will work diligently to facilitate the mechanics of 423. the sale. 424. Wit64=wtedge and understanding of the explanation above, Seller(s) and Buyers) authorize and instruct Broker 425. andt7es dual agents in this transaction. 426. Sell �VJIG J p v 427. Sell Buyer _ ___ 428. Date 04/27/24 04/27/24 04/27/24 Date 429. CLOSING COSTS: Buyer or Seller may be required to pay certain closing costs, which may effectively increase the 430. cash outlay at closing or reduce the proceeds from the sale. 431. SETTLEMENT STATEMENT. Buyer and Seller authorize the title company, escrow agent, and/or their representatives 432. to disclose and provide copies of the disbursing agent's settlement statement to the real estate licensees involved 433. in the transaction at the time these documents are provided to Buyer and Seller. MN:PA:VL-10 (8123) Minnesoti Realtors® eft roeuenrtinue ±utneCt[Slgn IU: 2btZFbbbU-9uu4-EF ILybFb-b14bbUUbd1bI PURCHASE AGREEMENT: VACANT LAND (RESIDENTIAL) 434. Page 11 Date April 24 2024 435, Property located at6870 Minnewashta Parkway Chanhassen MN 55331 436. FOREIGN INVESTMENT IN REAL PROPERTY TAX ACT ("FIRPTA"): Section 1445 of the Internal Revenue Code 437. provides that a transferee ("Buyer") of a United States real property interest must be notified in writing and must withhold 438. tax if the transferor ("Seller") is a foreign person and no exceptions from FIRPTA withholding apply. Buyer and Seller 439. agree to comply with FIRPTA requirements under Section 1445 of the Internal Revenue Code. 440. Seller shall represent and warrant, under the penalties of perjury, whether Seller Is a "foreign person" (as the same 441. is defined within FIRPTA), prior to closing. Any representations made by Seller with respect to this issue shall survive 442. the closing and delivery of the deed. 443. Buyer and Seiler shall complete, execute, and deliver, on or before closing, any instrument, affidavit, or statement 444, reasonably necessary to comply with the FIRPTA requirements, including delivery of their respective federal taxpayer 446, identification numbers or Social Security numbers. 446. Due to the complexity and potential risks of failing to comply with FIRPTA, Including the Buyer's responsibility for 447, withholding the applicable tax, Buyer and Seller should seek appropriate legal and tax advice regarding FIRPTA 448. compliance, as the respective licensee's representing or assisting either party will be unable to assure either 449. party whether the transaction Is exempt from FIRPTA withholding requirements. 450. FULLY EXECUTED PURCHASE AGREEMENTAND FINAL ACCEPTANCE: To be binding, this Purchase Agreement 451. and all addenda must be fully executed by both parties and a copy must be delivered. 462. ELECTRONIC SIGNATURES: The parties agree the electronic signature of any party on any document related to 453. this transaction constitute valid, binding signatures. 454. ENTIRE AGREEMENT: This Purchase Agreement and all addenda and amendments signed by the parties shall 456. constitute the entire agreement between Buyer and Seller. Any other written or oral communication between Buyer 456. and Seller, including, but not limited to, e-mails, text messages, or other electronic communications are not part of this 457. Purchase Agreement. This Purchase Agreement can be modified or canceled only in writing signed by Buyer and 458. Seller or by operation of law. All monetary sums are deemed to be United States currency for purposes of this 459. Purchase Agreement. 460. SURVIVAL: All warranties specified in this Purchase Agreement shall survive the delivery of the deed or contract 461. for deed. 462. PATE OF THIS PURCHASE AOREEMEN: Date of this Purchase Agreement to be defined as the date on line one 463. (1) of this Purchase Agreement. 464. OTHER: Closing shall be within 10 Days of final City approval of plat 465. 466. ADDENDA: The following addenda are attached and made a part of this Purchase Agreement. 467. NOTE: Disclosures and optional Arbitration Agreement are not part of this Purchase Agreement. 468. ❑X Addendum to Purchase Agreement 469• Addendum to Purchase Agreement: Additional Signatures 470. ❑ Addendum to Purchase Agreement: Assumption Financing 471. ❑ Addendum to Purchase Agreement: Buyer Purchasing "As Is" and Limitation of Seller Liability 472. ❑ Addendum to Purchase Agreement: Condomfnlum/TownhouselCooperative Common interest Community rCiC') 473. ❑ Addendum to Purchase Agreement: Contract for Deed Financing 474. n Addendum to Purchase Agreement Disclosure of Information on Lead -Based Paint and Lead -Based Paint Hazards 475. ❑ Addendum to Purchase Agreement. Sale of Buyer's Property Contingency 476. ❑ Addendum to Purchase Agreement: Seller's Purchase/Lease Contingency 477. ❑ Addendum to Purchase Agreement: Seller's Rent Back Agreement 478. ❑ Addendum to Purchase Agreement: Short Sale Contingency 479. ❑ Addendum to Purchase Agreement: Subsurface Sewage Treatment System and Well Water Inspection Contingency 480. ❑ Other: MN:PA:VL-11 (8/23) Minnesota Realtors® AM TowueerT�nuc N(tne;tls'gn I U: 2bq- bbU-yUU4-EFI l-9bF5-bU4S1iUUbb l bl PURCHASE AGREEMENT: VACANT LAND (RESIDENTIAL) 481. Page 12 Date April 24 2024 482. Property located at 6870 Minnewashta Parkway Chanhassen MM 55331 483. 1 agree to sell the Property for the price and on the terns I agree to purchase the Property for the price and on 484. and conditions set forth above. the terms and conditions set forth above. 485. 1 have reviewed all pages of this Purchase I have reviewed all pages of this Purchase 486. Agreement. Agreement. 487. ❑ If checked, this Purchase Agreement is subject to 488. attached Addendum to Purchase Agreement. 489. Counteroffer and the Final Acceptance Date shall 490. be noted on the Addendum. 491. FIRPTA: Seller represents and warrants, under penalty 492. of perjury that Seller❑ IS ® IS NOT a foreign person (i.e., a --•---(Check one.) ...... 493. non-resident alien individual, foreign corporation, foreign 494. partnership, foreign trust, or foreign estate for purposes of 495. income taxation. (See lines 435-448.)) This representation 496. and warranty shall survive the closing of the transaction 497. and the deltethe deed: -- �� AV BUYER (Date) 499. X Wooddale Builders Inc. BUYER'S PRINTED NAME Authixa�-Tplln; sicn fl 500. h yi 1`V41"V 04/27//-4 (Date) AuthentinGn v RNA 8E*D - IRM 04/27/24 SELLER (Date) X KATHRYN L HEADLA SELLEfttepNTED NAME X 11G� 04/27/24 SEL R (D8}e) Mark Headla 501. X Matthew Headla X _._� (SellerlePrintedName) SELLER PRINTED NAME 502. )JINALACC,F,;PTANCEDATE: _APRIL 27, 2024 ance Date 503. Is the date on which the fully executed Purchase Agreement is delivered. 504. THIS IS A LEGALLY BINDING CONTRACT BETWEEN BUYER(S) AND SELLER(S). 505. IF YOU DESIRE LEGAL OR TAX ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL. 506. 1 ACKNOWLEDGE THAT I HAVE RECEIVED AND HAVE HAD THE OPPORTUNITY TO REVIEW THE 507. DISCLOSURESTATEMENT ARBITRAT/ONDISCLOSUREANDRESIDENTIAL REAL PROPERTYARBITRATION 508. AGREEMENT, WHICH IS AN OPTIONAL, VOLUNTARY AGREEMENT SEPARATE FROM THIS PURCHASE 509. AGREEMENT. .. - --- —� _. ___ uthentiSIG 510j: BUYER 2 ^ -- SFiROM-TUN ELLER 04/27/24 Authentiserl Authenti9GN 511. SELLER(S) MN:PA:VL-12 (8/23) SELLER Minnesota Realtors® rn atme ArTerwe iutne; uSlgn IU: 2bhFbbbL)-9UU4-t1-I 1-96F5-OU4bbUUMl bI wall All �Xl =I on-4 i Internet fraud -- the use of Internet services or software with Internet access to defraud victims -- is on the rise in real estate transactions. THESE SOPHISTICATED CRIMINALS COULD: 6 HACK INTO YOUR E-MAIL ACCOUNT or the e-mail of others involved in your real estate transaction and may direct you to wire money to the hacker's account. • SEND FRAUDULENT E-MAILS that appear to be from your real estate licensee, lender, or closing agent. • CALL YOU claiming they have revised wiring instructions. Buyers Tenants and -sellers/Owners are advised to: (1) Never wire funds without confirming the wiring instructions directly with the intended recipient. (2) Verify that the contact information for the wire transfer recipient is legitimate by calling a known phone number for the broker or closing agent. Do not rely on the information given to you in an e-mail communication. (3) Never send personal information through unsecured/unencrypted e-mail. If you suspect wire fraud in your transaction: (1) Immediately notify your bank, closing agent, and real estate licensee. (2) File a complaint online at the Internet Crime Complaint Center (iC3) at http://www.ic3.gov. The undersigned acknowledge receipt of this wire fraud alert and understand the importance of taking proactive measures to avoid being a victim of wire fraud in a real estate transaction. Authentivi&, [DII(�' WN(HEAD( -TRUSTEE 04/27/24 Lhhentiiu,pp'I C - Ikum 04/27/24 r: .. 1 (Date) ( gjU0W6sieu (Date) Lx8EWHEv - am 04/27/24 This form approved by the Minnesota Association of REALTORS'e, which disclaims any liability arising out of use or misuse of this form. 0 2018 Minnesota Association of REALTORS°, Edina, MN MN-WFA (8/18) Minnesotc, Real tors" *neucerrtnuc AuthentisignID: 256F665D-9D04-EF11-96F5-6045BDD68161 CQLQWELL BANKER ADDENDUM M PURCHASE AGREEMENT This form approved by the Minnesota Association of REALTORSe, 143 which disclaims any liability arising out of use or misuse of this form. ® 2019 Minnesota Association of REALTORS9D, Edina, MN 1. Date April 27th, 2024 2. Page 1 3. Addendum to Purchase Agreement between parties, dated April 24 2024 , pertaining to the 4. purchase and sale of the Property at 6870 Minnewashta Parkway 5 Chanhassen MN 55331 6. In the event of a conflict between this Addendum and any other provision of the Purchase Agreement, the language 7. in this Addendum shall govern. Buyer and Seller agree the contingency period shall be: 8. 0-30 days $0 31-60 days $20,000 of earnest money becomes non-refundable. 9• 61-90 days another $20,000 of earnest money becomes non-refundable. 10 91-120 days another $20,000 of earnest money becomes non-refundable. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. / 30. 7 Z/' [Authentisicv jDII/ry rHR��cH�ADc�'II�uJIEE 31. 04/27/24 - - T����� (Date) (Buyer) (Date) M(41 04/27/24 uthenti SIGN 32. ( (Date) (Buyer) (Date) 33. THIS IS A LEGALLY BINDING CONTRACT BETWEEN BUYER(S) AND SELLER(S). 34. IF YOU DESIRE LEGAL OR TAX ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL. MN-APA (a/19) Minnesota 19 Realtors• InstonetFoLw wtnegnsign IU:2b.I-btibU-9UU4-EF"I"I-9bFb-bU4bt3UUbiilbl Aulhentislgn ID: 84A0E6FC-4SFC-EEt 1 •AAF2.60450D066161 COLDWELL BANKER REALTY ADDENDUM TO PURCHASE AGREEMENT - DISCLOSURE OF INFORMATION ON LEAD -BASED PAINT AND LEAD -BASED PAINT HAZARDS This form approved by the Minnesota Association of REALTORS®, which disclaims any liability arising out of use or misuse of this farm. © 2020 Minnesota Association of REALTORS10 1. Date 04/16/2024 2. Page 1 3. Addendum to Purchase Agreement between parties, dated 4. (Date of this Purchase Agreement), pertaining to the purchase and sale of the Property at 5 6870 Minnewashta Pkwy gxcelsior HN 55331 6, Lead Warning Statement 7. Everybuyer of any interestin residential real property on which a residential dwelling was built prior to 1978 is notified 8. that such property may present exposure to lead from lead -based paint that may place young children at risk of 9. developing lead poisoning. Lead poisoning in young children may produce permanent neurological damage, Including 10. learning disabilities, reduced Intelligence quotient, behavioral problems, and Impaired memory. Lead poisoning also 11. poses a particular risk to pregnant women. The seller of any Interest In residential real property is required to provide 12. the buyer with any information on lead -based paint hazards from risk assessments or inspections in the seller's 13. possession and notify the buyer of any known lead -based paint hazards. A risk assessment or Inspection for possible 14, lead -based paint hazards Is recommended prior to purchase. 15. Seller's Disclosure (Check one.) 16. © Seller has no knowledge of, or records or reports relating to, lead -based paint and/or lead -based paint hazards 17. In the housing. 18. ❑ Seiler has knowledge of lead -based paint and/or lead -based paint hazards in the housing and has provided Buyer 19. with all available details, records, and reports, if any, pertaining to lead -based paint and/or lead -based paint 20. hazards In the housing. (Please explain and list documents below): 21. 22. 23. 24. Buyer's Acknowledgment 25. Buyer has received copies of all Information listed above, if any. 26. Buyer has received the pamphlet, Protect Your Family from Lead in Your Home. 27. Buyer has: (Check one.) 28. Waived the opportunity to conduct a risk assessment or inspection for the presence of lead -based paint and/or 29. lead -based paint hazards; or 30. ❑ Received a 10-day opportunity (or mutually agreed -upon period) to conduct a risk assessment or inspection for 31. the presence of lead -based paint and/or lead -based paint hazards. 32. If checked, this contract is contingent upon a risk assessment or an inspection of the property for the presence of lead- 33. based paint and/or lead -based paint hazards to be conducted at Buyer's expense. The assessment or Inspection 34. shall be completed within ❑ TEN (10) ❑ Calendar bays after Final Acceptance of the Purchase _--- ___----- (Check one.) -- - ------ 35. Agreement. IU-SALE-1 (8/20) Minnesota 19 Realtors® TRANSAMONS nau.,tteno.,t ¢eu,a, \utriertlSign IU: 20t.-bbbU-Juu4-tF11-UbFb-bU4bbUUbbltil Authentislgn 10; MOE5FC-00FG5EI I-AM-6045B M161 ADDENDUM TO PURCHASE AGREEMENT: DISCLOSURE OF INFORMATION ON LEAD -BASED PAINT AND LEAD -BASED PAINT HAZARDS 36. Page 2 37. Property located at 6870 Minnewashta Pkwy Excelsior M 55331 38. This contingency shall be deemed removed, and the Purchase Agreement shall be in full force and effect, 39. unless Buyer or real estate licensee representing or assisting Buyer delivers to Seller or real estate licensee 40. representing or assisting Seller, within three (3) Calendar Days after the assessment or inspection Is timely 41. completed, a written fist of the specific deficiencies and the corrections required, togetherwith a copy of any risk 42. assessment or inspection report. If Buyer and Seller have not agreed in writing within three (3) Calendar Days 43. after delivery of the written list of required corrections that: 44. (A) some or all of the required corrections will be made; or 45. (B) Buyer waives the deficiencies; or 46. (C) an adjustment to the purchase price will be made; 47. this Purchase Agreement is canceled. Buyer and Seller shall Immediately sign a Cancellation of Purchase 48. Agreement confirming said cancellation and directing all earnest money paid here to be refunded to Buyer. It Is 49. understood that Buyer may unilaterally waive deficiencies or defects, or remove this contingency, providing that 50. Buyer or real estate licensee representing or assisting' Buyer notifies Seller or real estate licensee representing or 51. assisting Seller of the waiver or removal, it writing, within the time specified. 52. Real Estate Licensee's Acknowledgment 53. Real estate licensee has informed Seller of Seller's obligations under 42 U.S.C. 4852(d) and is aware of licensee's 54. responsibility to ensure compliance. 55, 56. 57. 68. Certification of Accuracy The follo I 16s ve fevlowed the information above and certify, to the best of their knowledge, that the Informatio�natoMri�ltJd accurate. - Authen6sro•r 04/17/2024 z!F " (Seller) nWsendsry MA4 HeAdlA 04/17/2024 (Date)e� (Date) (Seiler) (Date) --- Aulhenfl vi Doug r111116APdA 04/17/2024 60. ._ (Real Estate Ucensee) {Date) 7LKSALE-2 (WO) (Buyer) (Date) 2 - 1 (Real Estate Licensee) ( te) Minnesota RealtorsO TRANSACTIONS Tr,n,xllonDe,E Ednbn iu[nes➢Slgn Iu: 2btJl-bbbU-9u04-EFI1-ybFb-bU4btiUUbbI tit DISCLOSURE STATEMENT. ARBITRATION COWMLLBANKER DISCLOSURE AND RESIDENTIAL REAL ''"�' PROPERTY ARBITRATION AGREEMENT This form approved by the Minnesota Association of REALTORS®, which disclaims any liability arising out of use or misuse of this form, 0 2019 Minnesota Association of REALTORS° 1. Page 1 2, ARBITRATION DISCLOSURE 3. You have the right to choose whether to have any disputes about disclosure of material facts affecting the use or 4. enjoyment of the property that you are buying or selling decided by binding arbitration or by a court of law. By agreeing 5. to binding arbitration, you give up your right to go to court for claims over $15,000. 6. By signing the RESIDENTIAL REAL PROPERTY ARBITRATION AGREEMENT ("ARBITRATION AGREEMENT") on 7. page two (2), you agree to the following: 8. (1) disputes with demands which fall within the jurisdictional limits of the conciliation court shall be resolved in the 9. applicable conciliation court; and 10. (2) all other disputes shall be subject to binding arbitration under the Residential Real Property Arbitration 11. System {"Arbitration System") administered by National Center for Dispute Settlement ("NCDS") and endorsed 12. bythe Minnesota Association of REALTORS® ("MNAR"), The ARBITRATION AGREEMENT is enforceable only 13. if it is signed by all buyers, sellers and licensees representing or assisting the buyers and the sellers. The 14. ARBITRATION AGREEMENT is not part of the Purchase Agreement. Your Purchase Agreement will still 15. be valid whether or not you sign the ARBITRATION AGREEMENT. 16. The Arbitration System is a private dispute resolution system offered as an alternative to the court system. it is not 17. government sponsored. NODS and the MNAR jointly adopt the rules that govern the Arbitration System. NODS and 18. the MNAR are not affiliated. Under the ARBITRATION AGREEMENT you must use the arbitration services of NCDS. 19. All disputes about or relating to disclosure of material facts affecting the use or enjoyment of the property, excluding 20. disputes related to title issues, are subject to arbitration under the ARBITRATION AGREEMENT. This includes claims 21. of fraud, misrepresentation, warranty and negligence. Nothing in this Agreement limits other rights you may have under 22. MN Statute 327A (statutory new home warranties) or under private contracts for warranty coverage. An agreement to 23. arbitrate does not prevent a party from contacting the Minnesota Department of Commerce, the state agency that 24. regulates the real estate profession, about licensee compliance with state law. 25, The administrative fee for the Arbitration System varies depending on the amount of the claim, but it is more than initial 26. court filing fees. In some cases, conciliation court is cheaper than arbitration. The maximum claim allowed in conciliation 27. court is $15,000. This amount is subject to future change. to some cases, it is quicker and less expensive to arbitrate 28. disputes than to go to court, but the time to file your claim and pre -hearing discovery rights are limited. The right to 29. appeal an arbitrator's award is very limited compared to the right to appeal a court decision. 30. A request for arbitration must be filed within 24 months of the date of the closing on the property or else the 31. claim cannot be pursued. In some cases of fraud, a court or arbitrator may extend the 24-month limitation 32. period provided herein. 33. A party who wants to arbitrate a dispute files a Demand, along with the appropriate administrative fee, with NODS. 34. NODS notifies the other party, who may file a response. NODS works with the parties to select and appoint an arbitrator 35. to hear and decide the dispute. A three -arbitrator panel will be appointed instead of a single arbitrator at the request 36. of any party. The party requesting a panel must pay an additional fee. Arbitrators have backgrounds in law, real estate, 37. architecture, engineering, construction or other related fields. 38. Arbitration hearings are usually held at the home site. Parties are notified about the hearing at least 14 days in advance_ 39. A party may be represented by a lawyer at the hearing, at the party's own expense, if he or she gives five (5) days 40. advance notice to the other party and to NODS. Each party may present evidence, Including documents or testimony 41. by witnesses. The arbitrator must make any award within 30 days from the final hearing date. The award must be 42. in writing and may provide any remedy the arbitrator considers just and equitable that is within the scope of the parties' 43. agreement. The arbitrator does not have to make findings of fact that explain the reason for granting or denying an 44. award. The arbitrator may require the party who does not prevail to pay the administrative fee. 45. This Arbitration Disclosure provides only a general description of the Arbitration System and a general overview 46. of the Arbitration System rules. For specific information regarding the administrative fee, please see the Fee Schedule 47. located in the NODS Rules. Copies of the Arbitration System rules are available from NCDS by calling (866) 727-8119 48. or on the Web at www.nedsusa.org or from your REALTOR®. If you have any questions about arbitration, call NODS 49. at (866) 727-8119 or consult a lawyer. MN:DS:ADRAA-1 (8/19) I MinnesoV l RealtorsO Aft va Awe OPTinue aU[ne8tisign IU: 2b1!1—b b1J-yuu4-E1-I1-!JbF-b-tiu45t5u1Jbd1 1 DISCLOSURE STATEMENT: ARBITRATION DISCLOSURE AND RESIDENTIAL REAL PROPERTY ARBITRATION AGREEMENT 50. Page 2 51. THIS IS AN OPTIONAL, VOLUNTARY AGREEMENT. 52. READ THE ARBITRATION DISCLOSURE ON PAGE ONE (1) IN FULL BEFORE SIGNING. 53. RESIDENTIAL REAL PROPERTY ARBITRATION AGREEMENT 54. For the property located at 6810 Minnewashta parkway 55. City of Chanhassen , County of Carver 56. State of Minnesota, Zip Code 55331 57. Any dispute between the undersigned parties, or any of them, about or relating to material facts affecting the use or 58. enjoyment of the property, excluding disputes related to title Issues of the property covered by the PurchaseAgreement 59. dated April 24th 2024 , including claims of fraud, misrepresentation, warranty and negligence, shall 60. be settled as specified in the Arbitration Disclosure above. National Center for Dispute Settlement shall be the arbitration 61. service provider. The rules adopted by National Center for Dispute Settlement and the Minnesota Association of 62. REALTORS@ shall govern the proceeding(s). The rules that shall govern the proceeding(s) are those rules In effect 68. at the time the Demand for Arbitration is filed and include the rules specified in the Arbitration Disclosure on page one 64. (1). This Agreement shall survive the delivery of the deed or contract for deed in the PurchaseAgreement. This Agreement 65. is only enforceable if all buyers, sellers and licensees representing or assisting the buyers and sellers have agreed to 66. arbitrate as acknowledged by signatures below. For purposes of this Agreement, the signature of one licensee of a 67. broker shall bind the broker and all licensees of that broker. Authenti-�6� KAfHj��-TRUSfiEE 04/27/24 68. (Seller's Signature) (Dials) (Buyer's swaww' (Date) KATHRYN L HEADLA rAuthentiSIGN 69 - _.� ��.12774 wooddale Euilders Inc. 81 r s Pri led Name (Buyer's Printed Name) U9 Mark Headla (Seller's Signature) (Date) 71. N(iatSetter's Printed Name) thew Headla Authen tiSIG` 72CD4i (uc�T(see Representing or Assisting S�� (Date) 73 Coldwell Banker Realty (Company Name) (Buyer's Signature) (Date) (Buyer's Printed Name) (Licensee Representing or Assisting er) (bills) Coldwell Banker Real (Company Name) 74. THE RESIDENTIAL REAL PROPERTY ARBITRATION AGREEMENT IS A LEGALLY BINDING CONTRACT 75. BETWEEN BUYERS, SELLERS AND LICENSEES. IF YOU DESIRE LEGAL ADVICE, CONSULT A LAWYER. MN:DS:ADRAA-2 (8h9) Minnesota: Realtorsa aM�iR. roeue w.-r,nue aulnewnsign IU: zb(4r-b bU-yuu4-tFrl-ytiro-6u4Dt3uu6ri161 Aulhenlisign IM 84A0E6FC49FGEE11-AAF2.604500068161 COLDWELL BANKER REALTY gm 5. Property located at 6670 Minnewashta Pkwy DISCLOSURE STATEMENT: SELLER'S DISCLOSURE ALTERNATIVES This form approved by the Minnesota Association of REALTORS®, which disclaims any liability arising out of use or misuse of this form. ® 2023 Minnesota Association of REALTORS® 1. Date 04/16/2024 2. Pagel of 5 pages: RECORDS AND 3. REPORTS, IF ANY, ARE ATTACHED AND MADE A 4. PART OF THIS DISCLOSURE 6. City of Excelsior - , County of Carver 7. State of Minnesota, Zip Code $5331 ("Property'). 8. NOTICE: Sellers of residential property, with limited exceptions, are obligated to satisfy the requirements of MN Statutes 9. 513.52 through 513.60. To comply with the statute, Seller must provide either a written disclosure to the 10. prospective Buyer (see Disclosure Statement: Seller's Property Disclosure Statement) or satisfy one of the 11. following two options. Disclosures made here, if any, are not a warranty or guarantee of any kind by Seller or 12. licensee(s) representing or assisting any party in this transaction and are not a substitute for any inspections or 13. warranties the party(ies) may wish to obtain. 14. (Select one option only.) 15_ 1) ❑ QUALIFIED THIRD -PARTY INSPECTION: Seller shall provide to prospective Buyer a written report that 16. discloses material information relating to the real Property that has been prepared by a qualified third party. 17. "Qualified third party" means a federal, state, or local governmental agency, or any person whom Seller or 18. prospective Buyer reasonably believes has the expertise necessary to meet the industry standards of practice 19. for the type of inspection or investigation that has been conducted by the third party in order to prepare the 20. written report. 21. Seller shall disclose to prospective Buyer material facts known by Seller that contradict any information 22. that is Included in a written report, or material facts known by Seller that are not Included in the 23. report. 24. The inspection report was prepared by 25. , and dated 26. Seller discloses to Buyer the following material facts known by Seller that contradict any information Included 27. in the above referenced inspection report. 28. 29. 30. 31, Seller discloses to Buyer the following material facts known by Seller that are not included in the above 32. referenced inspection report. 33, 34. 35. 36. 2) © WAIVER: The written disclosure required may be waived if Seller and prospective Buyer agree in writing. 37. Seller and Buyer hereby waive the written disclosure required under MN Statutes 613.52 through 513.60. 38. NOTE: If both Seller and prospective Buyer agree, in writing, to waive the written disclosure required under 39. MN Statutes 513.52 through 513.60, Seller Is not obligated to disclose ANY material facts of which Seller 40. is aware that could adversely and significantly affect the Buyer's use or enjoyment of the Property or any 41. intended use of the Property, other than those disclosure requirements created by any other law. 42. Seller is not obligated to update Buyer on any changes made to material facts of which Seller is aware that could 43. adversely and significantly affect the Buyer's use or enjoyment of the Property or any intended use of the 44. Property that occur, other than those disclosure requirements created by any other law. 45. Waiver of the disclosure required under MN Statutes 513.52 through 513.60 does not waive, limit, or 46. abridge any obligation for Seller disclosure created by any other law. Minnesota MN:DS:SDA-1 (8/23) ly Realtors® TRANSACTIONS T,,..t7 ,D.,YEd1W kutner,asign iy): LbtjtbbbL)-9uu4-tr11-9bro-bu4btiuubblbI Authentlslgn ID: 64AOE5FC-491=C-EEt i-AAF2-6045BDD66161 DISCLOSURE STATEMENT: SELLER'S DISCLOSURE ALTERNATIVES 47. Page 2 48. Property located at 6870 Minnewashta Pkwy 49. OTHER REQUIRED DISCLOSURES: Excelsior HN 55331 60. NOTE: In addition to electing one of the above alternatives to the material fact disclosure, Minnesota law also 61. requires sellers to provide other disclosures to prospective buyers, such as those disclosures listed below. 52. Additionally, there may be other required disclosures by federal, state, local, or other governmental entities 53. that are not listed below. 64. A. SUBSURFACE SEWAGE TREATMENT SYSTEM DISCLOSURE: (A subsurface sewage treatment system 65. disclosure is required by MN Statute 115.55.) (Check appropriate box.) 66. Seller[:] DOES © DOES NOT know of a subsurface sewage treatment system on or serving the above-described ------------(Check- 57. real Property. (if answer Is DOES, and the system does not require a state permit, see Disclosure Statement: 58. Subsurface Sewage Treatment System.) 59. ❑ There is a subsurface sewage treatment system on or serving the above -described real Property. 60. (See Disclosure Statement: Subsurface Sewage Treatment System.) 61. ❑ There is an abandoned subsurface sewage treatment system on the above -described real Property. 62. (See Disclosure Statement: Subsurface Sewage Treatment System.) 63. B. PRIVATE WELL DISCLOSURE: (A well disclosure and Certificate are required by MN Statute 1031.235.) 64. (Check appropriate box(es).) 65. ❑ Seller does not know of any wells on the above -described real Property. 66. X❑ There are one or more wells located on the above -described real Property. (See Disclosure Statement., Well.) 67. ❑ This Property is in a Special Well Construction Area. 68. ❑ There are wells serving the above -described Property that are not located on the Property. 69. Comments: 70. 71. 72. C. FOREIGN INVESTMENT IN REAL PROPERTY TAX ACT ("FIRPTA"): Section 1446 of the Internal Revenue Code 73. provides that a transferee ("Buyer") of a United States real property interest must be notified in writing and must 74. withhold tax If the transferor ("Seller") Is a foreign person and no exceptions from FIRPTA withholding apply. 75. Seller represents that Seller❑ IS®IS NOT a foreign person (i.e., a non-resident alien individual, foreign corporation, --(Check one.)------ 76. foreign partnership, foreign trust, or foreign estate) for purposes of income taxation. This representation shall 77, survive the closing of any transaction involving the Property described here. 78, NOTE: If the above answer is "IS," Buyer may be subject to income tax withholding in connection with the 79. transaction (unless the transaction is covered by an applicable exception to FIRPTA withholding). In 80. non-exempt transactions, Buyer may be liable for the tax if Buyer fails to withhold. 81. If the above answer is "IS NOT," Buyer may wish to obtain specific documentation from Seller ensuring 82. Buyer is exempt from the withholding requirements as prescribed under Section 1445 of the Internal 83. Revenue Code. 84. Due to the complexity and potential risks of failing to comply with FIRPTA, including Buyer's responsibility 85. for withholding the applicable tax, Buyer and Seller should seek appropriate legal and tax advice regarding 86. FIRPTA compliance, as the respective licensees representing or assisting either party will be unable to 87. assure either party whether the transaction is exempt from the FIRPTA withholding requirements. WDSMA-2 (8/23) KMinnesota R$altors® TRANSACTIONS hePfl 1..D"CEnW. iutnelilsign 1;): LSFl�-tibSU-9UU4-H-11-9tihS-bU4bbUUbbIb1 Authentisign 10: 114AOEWC-09FC.EE1 i-AAF2.604580068161 DISCLOSURE STATEMENT: SELLER'S DISCLOSURE ALTERNATIVES 88. Page 3 89. Property located at 6970 Minnewashta Pkwy Excelsior MN 55331 90. 13. METHAMPHETAMINE PRODUCTION DISCLOSURE: 91. (A methamphetamine production disclosure is required by MN Statute 152.0275, Subd. 2 (m).) 92. ® Seller is not aware of any methamphetamine production that has occurred on the Property. 93. ❑ Seller is aware that methamphetamine production has occurred on the Property. 94. (See Disclosure Statement: Methamphetamine Production.) 95. E. RADON DISCLOSURE: 96. (The following Seller disclosure satisfies MN Statute 144.496.) 97. RADON WARNING STATEMENT The Minnesota Department of Health strongly recommends that ALL 98. homebuyers have an indoor radon test performed prior to purchase or taking occupancy, and recommends 99. having the radon levels mitigated if elevated radon concentrations are found. Elevated radon concentrations can 100. easily be reduced by a qualified, certified, or licensed, if applicable, radon mitigator. 101. Every buyer of any interest in residential real property is notified that the property may present exposure to 102, dangerous levels of indoor radon gas that may place occupants at risk of developing radon -Induced lung cancer. 103. Radon, a Class A human carcinogen, Is the leading cause of lung cancer in nonsmokers and the second leading 104, cause overall. The seller of any interest in residential real property Is required to provide the buyer with any 105. information on radon test results of the dwelling. 106. RADON IN REAL ESTATE: By signing this Statement, Buyer hereby acknowledges receipt of the Minnesota 107. Department of Health's publication entitled Radon In Real Estate Transactions, which is attached hereto and 108. can be found at www.health.state.mn.us/communities/envimnmenVair/radon/radonre.html. 109. A seller who fails to disclose the information required under MN Statute 144A96, and is aware of material facts 110. pertaining to radon concentrations in the Property, is liable to the Buyer. A buyer who is injured by a violation of MN ill. Statute 144.496 may bring a civil action and recover damages and receive other equitable relief as determined by 112. the court. Any such action must be commenced within two years after the date on which the buyer closed the 113. purchase or transfer of the real Property. 114. SELLER'S REPRESENTATIONS: The following are representations made by Sellerto the extent of Seller's actual 115. knowledge. 116. (a) Radon test(s) ❑ HAVE © HAVE NOT occurred on the Property. - •------- --icheckone.)--- ------ --- 117. (b) Describe any known radon concentrations, mitigation, or remediation. NOTE: Seller shall attach the most 118. current records and reports pertaining to radon concentration within the dwelling: 119 Barbara Headla would purchase DIY radon kits and send them in, no radon detected in those kits that were collected from the basement. I will look for those records, but 120 I don't believe she kept them. 121. 122. (c) There ❑ IS © IS NOT a radon mitigation system currently Installed on the Property. ------(Check ono,)-------- 123. If "IS," Seller shall disclose, if known, information regarding the radon mitigation system, including system 124. description and documentation. 125. 126. 127. 128. F. CHRONIC WASTING DISEASE IN CERVIDAE (The following Sellerdisclosure satisfies MN Statute 35.155, Subd.11(d).) 129. Has Chronic Wasting Disease been detected on the Property? ❑ YES ©NO 130. If Yes, see Disclosure Statement; Chronic Wasting Disease. ----(check one.)----- MN-DS;SDA-3 (8/23) Minnesota Realtors" TRANSACTIONS iaosx"onee,k Fdaon autner+.isign i0: LStlF-bbbU-9UM-EH1-9tirs-tiu45t3uutsu1ti1 Authentisign ID: B4AOE5FC49FC-EEII-AAF2.60458DD6BI61 DISCLOSURE STATEMENT: SELLER'S DISCLOSURE ALTERNATIVES 131. Page 4 132. Property located at 6B70 tdinnewashta Pkwy Excelsior MN 55331 133. G. NOTICE REGARDING AIRPORT ZONING REGULATIONS: The Property maybe In or near an airport safety zone 134. with zoning regulations adopted by the governing body that may affect the Property. Such zoning regulations are 135. filed with the county recorder in each county where the zoned area is located. If you would like to determine if such 136. zoning regulations affect the Property, you should contact the county recorder where the zoned area is located. 13T H. NOTICE REGARDING CARBON MONOXIDE DETECTORS: 138. MN Statute 299F.51 requires Carbon Monoxide Detectors to be located within ten (10) feet from all sleeping 139, rooms. Carbon Monoxide Detectors may or may not be personal property and may or may not be Included In the 140, sale of the home. 141, I. WATER INTRUSION AND MOLD GROWTH: Studies have shown that various forms of water intrusion affect many 142. homes. Water Intrusion may occur from exterior moisture entering the home and/or interior moisture leaving the 143. home. 144. Examples of exterior moisture sources may be 145. improper flashing around windows and doors, 146. • Improper grading, 147. • flooding, 148. • roof leaks. 149. Examples of Interior moisture sources may be 150. • plumbing leaks, 151. • condensation (caused by indoor humidity that is too high or surfaces that are too cold), 152, . overflow from tubs, sinks, or toilets, 153. • firewood stored Indoors, 154. • humidifier use, 156. • inadequate venting of kitchen and bath humidity, 156. improper venting of clothes dryer exhaust outdoors (including electrical dryers), 157. • line -drying laundry indoors, 158. • houseplants -watering them can generate large amounts of moisture. 159. In addition to the possible structural damage water intrusion may do to the Property, water intrusion may also result 160. in the growth of mold, mildew, and other fungi. Mold growth may also cause structural damage to the Property. 161. Therefore, it is very important to detect and remediate water intrusion problems. 162. Fungi are present everywhere in our environment, both indoors and outdoors. Many molds are beneficial to humans. 163. However, molds have the ability to produce mycotoxins that may have a potential to cause serious health problems, 164, particularly in some immunocompromised individuals and people who have asthma or allergies to mold. 165. To complicate matters, mold growth is often difficult to detect, as it frequently grows within the wall structure. If you 166. have a concern about water Intrusion or the resulting mold/mildew/fungi growth, you may want to consider having 167, the Property inspected for moisture problems before entering into a purchase agreement or as a condition of your 168. purchase agreement. Such an analysis is particularly advisable if you observe staining or any musty odors on the 169. Property. 170. J. NOTICE REGARDING PREDATORY OFFENDER INFORMATION: Information regarding the predatory 171. offender registry and persons registered with the predatory offender registry under MN Statute 243.166 172. may be obtained by contacting the local law enforcement offices in the community where the property is 173. located orthe Minnesota Department of Corrections at (651) 361-7200, orfrom the Department of Corrections 174. web site at www.corr.state.mn.us. WD5:$DA-4 (6/23) Minnesota Realtors® TRANSACTIONS T.J.n.tAMelk E1911b, iutnea113lgn I,): Yb'4hbbbU-UUU4-t1'11-9bF-b-6U4b L)L)btf11i1 Authenlislgn ID: B4AOE5FC49FC-EEi l-AAF2.6046BDDBB161 DISCLOSURE STATEMENT: SELLER'S DISCLOSURE ALTERNATIVES 175. Page 5 176. Property located at 6870 Minnewashta Pkwy Excelsior MR 55332 177. K. SELLER'S STATEMENT: 178. (Fo be signed at time of listing.) 179. Seller(s) hereby authorizes any licensee(s) representing or assisting any party(ies) in this transaction to provide 180. a copy of this Disolosure Statement to any person or entity in connection with any actual or anticipated sale of the 181. Property. A seller may provide this Disclosure Statement to a real estate licensee representing or assisting a 182. prospective buyer. The Disclosure Statement provided to the real estate licensee representing or assisting a 183. prospective buyer is considered to have been provided to the prospective buyer. If this Disclosure Statement Is 184. provided to the real estate licensee representing or assisting the prospective buyer, the real estate licensee must 185, provide a copy to the prospective buyer. 186. QUALIFIED THIRD -PARTY INSPECTION: If Seiler has made a disclosure under the Qualified Third -Party 187. Inspection, Seller is obligated to disclose to Buyer in writing of any new or changed facts of which Seller is aware 188. that could adversely and significantly affect the Buyer's use or enjoyment of the Property or any intended use of 189. the Property that occur up to the time of closing. To disclose new or changed facts, please use the Amendment 190. to Disclosure Statement form. 191. WAIVER: If Seller and Buyer agree to waive the seller disclosure requirement, Seller is NOT obligated to disclose 192. and will NOT disclose any new or changed information regarding facts. 193. OTHER REQUIRED DISCLOSURES (Sections A-F): Whether Seller has elected a Qualified Third Party Inspection 194. or Waiver, Seller is obligated to notify Buyer, In writing, of any new or changed facts regarding Other Required 195. Disclosures up to the time of closing. To disclose new or changed facts, please use the Amendment to Sellers 196, Disclosure form. ,--- Aulhentiswu 197. W1 nFon 04/17/2024 (SeTier) (Date) 198. L. BUYER'S ACKNOWLEDGEMENT' 199. (To be signed at time of purchase agreement.) [Aa-ek eAdrA 04/17/2024 ( F)�N,2ntiSGr. (Date) x> Rt�� 04/17/24 200. I/We, the Buyers) of the Property, acknowledge receipt of this Sellers Disclosure Alternatives form and agree to 201. the seller's disclosure option selected in this form. I/We further agree that no representations regarding facts have 202. been made, other than those made in this form. This Disclosure Statement is not a warranty or a guarantee of 203. any kind by Seller or licensee representing or assisting any party in the transaction and is not a suitable substitute 204. for any inspections or warranties the party(ies) may wish to obtain. 205. 206. The info atie c osed-d-M-given o the bestofthe Seller's knowledge. i ip�fiy ? (Date) (Buyer) 207, LISTING BROKER AND LICENSEES MAKE NO REPRESENTATIONS HERE AND ARE 208, NOT RESPONSIBLE FOR ANY CONDITIONS EXISTING ON THE PROPERTY. MN:DS:SDA-5 (8/23) (Date) Minnesota Realtors4l TRANSACCTIONS kutnelitisigro4i: Lhyl-bbbU-9UU4-EF11-9b[-h-tiU4ht3UUliblbI Whenlisign ID; 84AOE5FOA9FC-EEI I-AAF2.O9458r)06AIG1 Radon in Real Estate Transactions All Minnesota homes can have dangerous levels of radon gas. Radon is a colorless and odorless gas that comes from the soil. The gas can accumulate in the home. When inhaled, its radioactive particles can damage the lungs. Long-term exposure to radon can lead to lung cancer. About 21,000 lung cancer deaths each year in the United States are caused by radon. The only way to know how much radon gas has entered the home is to conduct a radon test. MDH estimates 2 in 5 homes exceed the 4.0 pCi/L (picocuries per liter) action level. Whether a home is old or new, any home can have high levels of radon. The purpose of this publication is to educate and inform potential home buyers of the risks of radon exposure, and how to test for and reduce radon as part of real estate transactions. Disclosure Requirements Effective January 1, 2014, the Minnesota Radon Awareness Act requires specific disclosure and education be provided to potential home buyers during residential real estate transactions in Minnesota. Before signing a purchase agreement to sell or transfer residential real property, the seller shall provide this publication and shall disclose in writing to the buyer: whether a radon test or tests have occurred on the property the most current records and reports i. pertaining to radon concentrations within the dwelling a description of any radon levels, mitigation, or remediation information on the radon mitigation system, • if a system was installed @ a radon warning statement Radon Facts How dangerous is radon? Radon is the number one cause of lung cancer in nonsmokers, and the second leading cause overall. Your risk for lung cancer increases with higher levels of radon, prolonged exposure, and whether or not you are a current smoker or former smoker. Where is your greatest exposure to radon? For most Minnesotans, your greatest exposure is at home where radon can concentrate indoors. What is the recommended action based on my results? If the average radon in the home is at or above 4.0 pCi/L, the home's radon level should be reduced. Also, consider mitigating if radon levels are between 2.0 pCi/L and 3.9 pCi/L. Any amount of radon, even below the recommended action level, carries some risk. A home's radon levels may change in the future, so test every 2-5 years, or sooner if there is major remodeling or changes to the foundation, heating, cooling, or ventilation. Radon Warnin-a Statement "The Minnesota Department of Health strongly recommends that ALL home buyers have an indoor radon test performed prior to purchase or taking occupancy, and recommends having the radon levels mitigated if elevated radon concentrations are found. Elevated radon concentrations can easily be reduced by a qualified, certified, or licensed, if applicable, radon mitigator. Every buyer of any interest in residential real property is notified that the property may present exposure to dangerous levels of indoor radon gas that may place the occupants at risk of developing radon -induced lung cancer. Radon, a Class A human carcinogen, is the leading cause of lung cancer in nonsmokers and the second leading cause overall. The seller of any interest in residential real property is required to provide the buyer with any information on radon test results of the dwelling." DEPARTMENT OF HEALTH Minnesota Realtors" TRANSACTIONS e rr n.xllonoeft EdllGp \utne5A[Slgn'I.U' 25'3rbbbU-9UU4-tr11-Ubrb-bU4bbUUb6lbl Aufhenlislpn ID: 84AOE5FC-OFC-EEii-AAF3-6045BDD66161 Radon Testing Any test lasting less than three months requires closed -house conditions. Closed -house conditions include keeping all windows and doors closed, except for normal entry and exit, and temperature set to 65 — 80 °F. For a full list of closed -house conditions please visit mn.gov/radon/notice. Before testing: Begin closed -house conditions at least 12 hours before the start of the radon test. During testing: Maintain closed -house conditions during the entire duration of the short-term test. Operate home heating or cooling systems normally during the test. Where should the test be conducted? Any radon test conducted for a real estate transaction needs to be placed in the lowest livable area of the home suitable for occupancy. This is typically in the basement, whether finished or unfinished. If other foundations are present, such as a crawl space or slab on grade, also test the rooms above these foundations. Place the test kit: 0 20 inches to 6 feet above the floor • away from heat sources and drafts caused by 0 3 feet from exterior doors and windows vents and fans 0 i foot from exterior walls • not in enclosed areas or areas of high heat/humidity How are radon tests conducted in real estate transactions? There are special protocols for radon testing in real estate transactions. Because these tests are time -sensitive there are two testing options. For both tests, test for a minimum of 2 days. Continuous Radon Monitor (CRM) Simultaneous Short -Term Testins MDH recommends CRMs in real estate testing. Two short-term test kits are placed side by side, CRMs are calibrated, provide more data, and may 4" — 8" apart. The results of the two tests are detect tampering. The average of the results are averaged and used to make a decision to mitigate. used to make a decision to mitigate. Radon Mitigation When elevated levels of radon are found, they can be easily reduced by a licensed professional. Radon mitigation is the process or system used to reduce radon concentrations in the breathing zones of occupied buildings. The goal of a radon mitigation system is to reduce the indoor radon levels to below the action level. This is done by drawing soil gas from under the house and venting it above the roof. A quality mitigation system is often able to reduce the annual average radon level to below 2.0 pCi/L. The cost of a radon mitigation system averages $1,500 to $3,0DO. After a radon mitigation system is installed perform an independent short-term test to ensure the reduction system is effective. Operate the radon system during the entire test. This short-term test will confirm low levels in the home. Be sure to retest the house every two years to confirm continued radon reduction. All radon testing and mitigation should be conducted by licensed radon professionals. Radon service providers, such as home inspectors, must be licensed. A list of these licensed radon professionals can be found at MDH's radon web site. MDH conducts free inspections, upon request, of recently installed radon mitigation systems, to check that they meet requirements. More Radon Information MDH Indoor Air Unit Contact Information www.mn.gov/radon PO Box 64975 651-201-4601 St Paul, MN 55164-0975 800-798-9050 Last Updated 4/2023 heolth.indoorair(a)state.mmus Minnesota Realtors" TRANsAcrioNs kuthef)ilslgn'VI: 20V- bbU-9UU4-EF 11-YbF5-bU45t3UUb6101 Autl,entlsl0n 10: 64AOE5FC-40FC-FF_11-AAF2.604580068161 COLDwELL BANKER REALTY DISCLOSURE STATEMENT. WELL This form approved by the Minnesota Association of REALTORS®, which disclaims any liability arising out of use or misuse of this form. ® 2022 Minnesota Association of REALTORSO Date 04/16/2024 2, Page 1 of pages: THE REQUIRED MAP 3. IS ATTACHED HERE AND MADE A PART OF THIS 4. DISCLOSURE 5. Minnesota Statute 1031.236 requires that, before signing an agreement to sell or transfer real property, Seiler must 6. disclose information in writing to Buyer about the status and location of all known wells on the property. This requirement 7. is satisfied by delivering to Buyer either a statement by Seller that Seller does not know of any wells on the property, 8. or a disclosure statement indicating the legal description and county, and a map showing the location of each well. 9. In the disclosure statement Seller must indicate, for each well, whether the well Is in use, not in use or sealed. 10. Unless Buyer and Seller agree to the contrary in writing, before the closing of the sale, a Seller who fails to disclose 11. the existence or known status of a well at the time of sale, and knew or had reason to know of the existence or known 12. status of the well, Is liable to Buyer for costs relating to sealing of the well and reasonable attorneys' fees for collection 13. of costs from Seller, if the action is commenced within six years after the date Buyer closed the purchase of the real 14. property where the well is located. 15. Legal requirements exist relating to various aspects of location and status of wells. Buyer is advised to 16. contact the local unit(s) of government, state agency, or qualified professional which regulates wells for further 11. information about these issues. For additional information on wells, please visit the Minnesota Department of Health's 18. website at www.health.state.mn.us. 19. Instructions for completion of this form are on page three (3). 20, PROPERTY DESCRIPTION: Street Address: 6870 Minnewashta Pkwy 21. City of Excelsior , County of Carver 22. State of Minnesota, Zip Code 55331 23. LEGAL DESCRIPTION: P/0 GOVT LOT 6 DESC AS: BEG AT A PT ON N LINE OF GOUT LOT 6 104.93, NLY FROH EW CORN GOVT LOT 6 TH N^ 24 ON N LINE 207.801 TO A PT ON N LINE 3961 SLY FROM NN CORN GOUT LOT 6 TH PARALLEL WITH N LINE OF GOVT LOT 6 8431 TO SHOR 25 H OF L% MINNENASHTA TH SLY ALONG SHORE TO INTERSECT WITH A LINE SHARING S69+E FROM PT OF TWO TH H89* (11Property"). 26. WELL DISCLOSURE STATEMENT. (Check appropriate boxes.) 27. Seller certifies that the following wells are located on the above -described real Property. 28, MN Unique Well Year of Well IN USE NOT IN SHARED SEALED 29. Well No. Depth Const. Type USE 30. 31. 32. 33. 34. 35. Well 1 Well 2 Well 3 Is this property served by a well not located on the Property? if "Yes," please explain: ❑ ❑ ❑ 21 ❑ ❑ ❑ ❑ ❑ ❑ ❑ ❑ Elves ❑ No 36. NOTE: See definition of terms "IN USE," "NOT IN USE," and "SEALED" on lines 87-97. If a well is not in use, it 37. must be sealed by a licensed well contractor or a well owner must obtain a maintenance permit from 38. the Minnesota Department of Health and pay an annual maintenance fee. Maintenance permits are not 39. transferable. If a well Is operable and properly maintained, a maintenance permit is not required. 40. If the well is, "Shared": 41. (1) How many properties or residences does the shared well serve? 42. (2) Who manages the shared well? 43. (3) Is there a maintenance agreement for the shared well? ❑ Yes ❑ No 44. if "Yes," what is the annual maintenance fee? $ MN-13S:W-1 (8/22) Minnesota 19RealtorsO TRANSACTIONS T-11-Mlk Edlllm \utnes[Isign'," : 2btaFbbbU-VUU4-Ef-11-9bhb-bU4bt5UU6b1b1 Authenklgn ID: 84A0E5FC49FGEEI t•AAF2-604580b6 M DISCLOSURE STATEMENT: WELL 45. Page 2 46. Property located at 6870 Minnewashta Pkwy Excelsior MN 55331 47. OTHER WELL INFORMATION: 48. Date well water last tested for contaminants: Test results attached? ❑ Yes ❑ No 49. Contaminated Well: Is there a well on the Property containing contaminated water? ❑ Yes ❑ No 50. Comments: 51. 52. 53. 54, 55. 56. 57. SEALED WELL INFORMATION: For each well designated as sealed above, complete this section. 58. When was the well sealed? 59. Who sealed the well? 60. Was a Sealed Well Report filed with the Minnesota Department of Health? © Yes ❑ No 61. MAP: Complete the attached Disclosure Statement: Location Map showing the location of each well on the 62. real Property. 63. This disclosure is not a warranty of any kind by Seller(s) or any licensee(s) representing or assisting any part(lies) in 64. this transaction and is not a substitute for any Inspections or warranties the party(ies) may wish to obtain. 65. INSTRUCTIONS FOR COMPLETING THE WELL DISCLOSURE STATEMENT 66. DEFINITION: A "well" means an excavation that is drilled, cored, bored, washed, driven, dug, jetted, or otherwise 67. constructed if the excavation is intended for the location, diversion, artificial recharge, or acquisition of groundwater. 68. MINNESOTA UNIQUE WELL NUMBER: All new wells constructed AFTER January 1, 1975, should have been 69. assigned a Minnesota unique well number by the person constructing the well. If the well was constructed after this 70. date, you should have the unique well number in your property records. If you are unable to locate your unique well 71. number and the well was constructed AFTER January 1,1975, contact your well contractor. If no unique well number 72. is available, please indicate the depth and year of construction for each well. 73. WELL TYPE: Use one of the following terms to describe the well type. 74, WATER WELL: A water well is any type of well used to extract groundwater for private or public use. 75. Examples of water wells are: domestic wells, drive -point wells, dug wells, remedial wells, and municipal 76. wells. 77. IRRIGATION WELL: An irrigation well is a well used to irrigate agricultural lands. These are typically 78. large -diameter wells connected to a large pressure distribution system. 79. MONITORING WELL: A monitoring well is a well used to monitor groundwater contamination. The well Is 80. typically used to access groundwater for the extraction of samples. 81. DEWATERING WELL: A dewatering well is a well used to lower groundwater levels to allowfor construction 82. or use of underground spaces, 83. INDUSTRIAUCOMMERCIAL WELL: An industrial/commercial well is a nonpotable well used to extract 84. groundwater for any nonpotable use, including groundwater thermal exchange wells (heat pumps and heat 85. loops). MN-DS:W-2 (8/22) Minnesota Realtors® TRANSACTIONS hmNttwnllak EEinaq iu[neWlSlgri 6' Zb'�-bbbU-UUU4-tFll-JbFb-6U4bBUL)bblbI AudientWgn ID: B4A0E5FC49FC-EE1 I-AAF2.60453DD6d161 DISCLOSURE STATEMENT. WELL 86. Page 3 87. WELL USE STATUS: Indicate the use status of each well. CHECK ONLY ONE (1) BOX PER WELL, 88, IN USE: A well Is "in use" if the well is operated on a daily, regular, or seasonal basis. A well in use includes 89. a well that operates -for the purpose of irrigation, fire protection, or emergency pumping. 90. NOT IN USE: A well is "not in use" if the well does not meet the definition of "in use" above and has not 91. been sealed by a licensed well contractor, 92. SEALED: A well is "sealed" if a licensed contractor has completely filled a well by pumping grout material 93. throughout the entire bore hole after removal of any obstructions from the well. A well is "capped" if It has 94. a metal or plastic cap or cover which is threaded, bolted or welded into the top of the well to prevent entry 95, into the well. A "capped" well is not a "sealed" well: 96. It the well has been sealed by someone other than a licensed well contractor or a licensed well sealing 97, contractor, check the well status as "not in use." 98. If you have any questions, please contact the Minnesota Department of Health, Well Management Section, 99. at (651) 201-4587 (metropolitan Minneapolis —St. Paul) or 1-800-383-9808 (greater Minnesota). 100. SELLER'S STATEMENT: (lb be signed at time of listing.} 101. Seller(s) hereby states thatthe facts as stated above are true and accurate and authorizes any licensee(s) representing 102. or assisting any party(les) in this transaction to provide a copy of this Disclosure Statement to any person or entity 103. in connection with any actual or anticipated sale of the Property. A seller may provide this Disclosure Statement to 104. a real estate licensee representing or assisting a prospective buyer. The Disclosure Statement provided to the real 105. estate licensee representing or assisting a prospective buyer is considered to have been provided to the prospective 106. buyer. If this Disclosure Statement is provided to the real estate licensee representing or assisting the prospective 107. buyer, the real estate licensee must provide a copy to the prospective buyer. 108. Seller is obligated to continue to notify Buyer In writing of any facts that differ from the facts disclosed here 109. (new or changed) of which Seller is aware that could adversely and significantly affect the Buyer's use or 110. enjoyme ii-6MWProperty or any intended use of the Property that occur up to the thne of closing. To disclose 111. new or cf use thuM pAment to Disclosure Statement form. lkA716 Authenusl AutMMli+�,'r 112, e 86ANA 04/17/2024 �� �?ark Headla 04/17/2024 (Se er) (Date) (Selzer) (Date) 113. BUYER'S ACKNOWLEDGEMENT: (To be signed at time of purchase agreement.) 114. V We, the Buyer(s) of the Property, acknowledge receipt of this Disclosure Statement: Welland Disclosure Statement: 115. Lo -Map-and-agree-that—no representations regarding facts have been made other than those made above. 1 (Date) (Buyer) (Date) 117. LISTING BROKER AND LICENSEES MAKE NO REPRESENTATIONS HERE AND ARE 118. NOT RESPONSIBLE FOR ANY CONDITIONS EXISTING ON THE PROPERTY. MN-D&W-3 (8/22) Minnesota Realtors® TRANS oCTIItlO�NS iUtrlelfrlslgn+r. 2b�'tr(ibSU-yuu4-tFll-9bFb-bU4t)BUUbdlbt COLDWELL BANKER REAIn DISCLOSURE STATEMENT: COMPENSATION DISCLOSURE TO BUYER/TENANT This form approved by the Minnesota Association of REALTORS®, which disclaims any liability arising out of use or misuse of this form. © 2019 Minnesota Association of REALTORS' 1. Date April 24th, 2024 2. If Broker is receiving any compensation from a party other than BuyerlTenant, relating to the property at 3. 6870 Minnewashta Parkway Chanhassen HN 55331 4 P/0 GOUT LOT 6 DESC AS: BEG AT A PT ON W LINE OF GOVT LOT 6 704.93- HLY FaOM SW CORN COW LOT 6 TH N ON W LINE 207.90- T 5. the Broker hereby notifies Buyer/Tenant that the amount of compensation to be paid to Broker, excluding listing portion, 6. is; (Check all that apply.) 7. From Seller/Owner or their Broker X❑ 2.7 _ _ % of sale price. 8. ❑ $ 10, From Buyerfrenant ❑ % of sale price. 11. $ 599.00 12. ❑ 13. I/We hereby acknowledge that I/we have received a copy of this Compensation Disclosure prior to signing a lease or 14, an offer to purchase the property. w - 15 Coldwell Banker Realty z (Real Estate Com any Name) (Date) �(Buire)ITOWni) (Date) 16. BY: (Licensse Represenling or Assists uyer/renant) (Date) 17 19400 Highway 7 (Address) 18 Excelsior (cily/Slatealp) 19 edstafford@cbburnet.com (E-mail Address) 20. 21. 22. MN:D5:CDB (8119) NN 55331 (Address) (City/State2ip) (E•mailAddress) (Buyer/Tenant) (Date) (Address) (City/state2'ip) (E-mail Address) Minnesota~ Realtors" Wit, Tnx YCA/ A^U&