NOTICE

To Buyer and Seller:

You must read this notice before signing the contract.

The Supreme Court of New Jersey requires real estate brokers to give you the following information before you sign this contract. It requires us to tell you that you must read all of it before you sign. Here is the information for both buyer and seller:

1.	I, Edward F. Thomas, am a real estate broker. In this deal I am acting as a Sellers Agent. I do not represent the buyer. The title company does not represent either the seller or the buyer. Furthermore, both the seller and the buyer should know that it is in my financial interest that the house be sold and that the closing be completed. My fee is paid only if that happens.

2.	I am not allowed, and I am not qualified, to give either the seller or the buyer any legal advice. Neither the title company nor any of its officers are allowed to give either the seller or buyer any legal advice. Neither of you will get any legal advice at any point in this transaction unless you have your own lawyer. If you do not hire a lawyer, no one will represent you in legal matters either now, or at the closing. I will not represent you and the title company and its officers will not represent you in those matters.

3.	The contract attached to this notice is the most important part of the sale. It determines your rights, your liabilities and your risks. It becomes final when you sign it - unless it is cancelled by your lawyer within three days - and when it does become final you cannot change it, nor can any attorney you may hire thereafter change it in any way whatsoever.

4.	The buyer especially should know that if he or she has no lawyer, no one will be able to advise him or her what to do if problems arise in connection with your purchasing of this property. Those problems may be about various matters, including the seller's title to the property. They may affect the value of the property. If either the broker or title company sees that there are problems and that because of them you need your own lawyer, they should tell you. However, it is possible that they may not recognize the problems or that it may be too late for a lawyer to help. Also, they are not your lawyers, and they may not see the problem from your point of view.

5.	Whether you, seller or buyer, retain a lawyer is up to you. It is your decision. The purpose of this notice is to make sure you have some understanding of the transaction, the risks, who represents whom, and what their interests are, when you make that decision. The rules and regulations concerning brokers and title companies prohibit each of them from suggesting that you are better off without a lawyer. If anyone makes that suggestion to you, you should carefully consider whose interest they are serving. The decision whether to hire a lawyer to represent your interests is your and yours alone.

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Edward F. Thomas, Broker

The undersigned acknowledge that before signing the contract they received and read a copy of this notice, which is attached as a cover page to this Contract of Sale.

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Seller	date	Buyer	date

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Seller	date	Buyer	date

Consumer Information Statement on New Jersey Real Estate Relationships

In New Jersey, real estate licensees are required to disclose how they intend to work with buyers and sellers in a real estate transaction. (In rental transactions, the terms "buyers" and "sellers" should be read as "tenants" and "landlords", respectively.)

1.	As a seller's agent or sub-agent, I, as licensee, represent the seller and all material information supplied to me by the buyer will be told to the seller.

2.	As a buyer's agent, I, as a licensee, represent the buyer and all material supplied to me by the seller will be told to the buyer.

3.	As a disclosed dual agent, I, as a licensee, represent both parties. However, I may not, without express permission, disclose that the seller will accept a price less than the listing price or that the buyer will pay a price greater than the offered price.

4.	As a transaction broker, I, as a licensee, do not represent either the buyer or the seller. All information I acquire from one party may be told to the other party unless office policy specifies otherwise.

Before you disclose confidential information to a real estate licensee regarding a real estate transaction, you should understand what type of business relationship you have with that licensee.

There are four business relationships: 1)seller's agent; 2) buyer's agent; 3) disclosed dual agent; 4) transaction broker. Each of these relationships imposes certain legal duties and responsibilities on the licensee as well as on the seller or buyer represented. These four relationships are defined in greater detail below. Please read carefully before making your choice.

SELLER'S AGENT

A seller's agent WORKS ONLY FOR THE SELLER and has legal obligations, called fiduciary duties, to the seller. These include reasonable care, undivided loyalty, confidentiality and full disclosure. Seller's agents often work with buyers, but do not represent the buyers. However, in working with buyers a seller's agent must act honestly. In dealing with both parties, a seller's agent may not make any misrepresentations to either party on matters material to the transaction, such as the buyer's financial ability to pay, and must disclose defects of a material nature affecting the physical condition of the property which a reasonable inspection by the licensee would disclose.

Seller's agents include all persons licensed with the brokerage firm which has been authorized through a listing agreement to work as the seller's agent. In addition, other brokerage firms may accept an offer to work with the listing broker's firm as the seller's agents. In such cases, those firms and all persons licensed with such firms, are called "sub-agents". Sellers who do not desire to have their property marketed through sub-agents should so inform the seller's agent.

BUYER'S AGENT

A buyer's agent WORKS ONLY FOR THE BUYER. A buyer's agent has fiduciary duties to the buyer which include reasonable care, undivided loyalty, confidentiality and full disclosure. However, in dealing with sellers a buyer's agent must act honestly. In dealing with both parties, a buyer's agent may not make any misrepresentations on matters material to the transaction, such as the buyer's financial ability to pay, and must disclose defects of a material nature affecting the physical condition of the property which a reasonable inspection by the licensee would disclose.

A buyer wishing to be represented by a buyer's agent is advised to enter into a separate written buyer agency contract with the brokerage firm which is to work as their agent.

DISCLOSED DUAL AGENT

A disclosed dual agent WORKS FOR BOTH THE BUYER AND THE SELLER. To work as a dual agent, a firm must first obtain the informed written consent of the buyer and the seller. Therefore, before acting as a disclosed dual agent, brokerage firms must make written disclosure to both parties. Disclosed dual agency is most likely to occur when a licensee with a real estate firm working as buyer's agent shows the buyer properties owned by sellers for whom that firm is also working as a seller's agent or sub-agent.

A real estate licensee working as a disclosed dual agent must carefully explain to each party that, in addition to working as their agent, their firm will also work as the agent for the other party. They must also explain what effect their working as a disclosed dual agent will have on the fiduciary duties their firm owes to the buyer and to the seller. When working as a disclosed dual agent, a brokerage firm must have the express permission of a party prior to disclosing confidential information to the other party. Such information includes the highest price a buyer can afford to pay and lowest price a seller will accept and the parties' motivation to buy or sell. Remember, a brokerage firm acting as a disclosed dual agent will not be able to put one party's interests ahead of those of the other party and cannot advise or counsel either party on how to gain an advantage at the expense of the other party.

If you decide to enter into an agency relationship with a firm which is to work as a disclosed dual agent, you are advised to sign a written agreement with that firm.

TRANSACTION BROKER

The New Jersey Estate Licensing Law does not require licensees to work in the capacity of "agent" when providing brokerage services. A transaction broker works with a buyer or a seller or both in the sales transaction without representing anyone. A TRANSACTION BROKER DOES NOT PROMOTE THE INTERESTS OF ONE PARTY OVER THOSE OF THE OTHER PARTY TO THE TRANSACTION. Licensees with such a firm would be required to treat all parties honestly and to act in a competent manner, but they would not be required to keep confidential any information. A transaction broker can locate qualified buyers for a seller or suitable properties for a buyer. They can then work with both parties in an effort to arrive at an agreement on the sale or rental of real estate and perform tasks to facilitate the closing of a transaction. A transaction broker primarily serves as a manager of the transaction, communicating information between the parties to assist them in arriving at a mutually acceptable agreement and in closing the transaction, but cannot advise or counsel either party on how to gain advantage at the expense of the other party. Owners considering working with transaction brokers are advised to sign a written agreement with that firm which clearly states what services that firm will perform and how it will be paid. In addition, any transaction brokerage agreement with a seller or landlord should specifically state whether a notice on the property to be rented or sold will or will not be circulated in any or all Multiple Listing System(s) of which that firm is a member.

You may obtain legal advice about these business relationships from your own lawyer.

This statement is not a contract and is provided for informational purposes only.

The New Jersey Real Estate Commission, CN 328, Trenton, NJ 08625-0325

Anita B. Kartalopoulos, Esq., Executive Director.

REQUIRED LANGUAGE IF YOU CHOOSE TO REQUEST SIGNATURES ON THE CONSUMER INFORMATION STATEMENT

Please acknowledge after reading the Consumer Information Statement.

FOR ACKNOWLEDGMENT OF RECEIPT OF THE CONSUMER INFORMATION STATEMENT:

For Sellers:

"By signing this Consumer Information statement, I acknowledge that I received this Statement from Shoreview Realty, Inc., my exclusive listing broker, prior to discussing my motivation to sell or lease or my desired selling or leasing price with one of its representatives."

Signed:	________________________	______________________________

Date:	________________________	______________________________

For Buyers:

"By signing this Consumer Information Statement, I acknowledge that I received this Statement from Shoreview Realty, Inc., the agency that introduced me to this property and that was the exclusive agency instrumental in generating this offer, prior to discussing my motivation or financial ability to buy or lease with one of its representatives."

Signed:	________________________	______________________________

Date:	________________________	______________________________

FOR DECLARATION OF BUSINESS RELATIONSHIP:

"I, Edward F. Thomas, Broker, as an authorized representative of Shoreview Realty, Inc., intend, at this time, to work with you as a Seller's agent, or a Transaction Broker should the opportunity arise through a sale generated from within our company. It is the policy of Shoreview Realty, Inc. to keep all party's information confidential while acting as a Transaction Broker. Newly enacted state legislation allows us to use this unique policy to insure the highest level of service to our clients, to protect our clients from potential vicarious liability, and to assure complete confidentiality of all information that may jeopardize either party's position in consummating a sale.

____________________________________

Edward F. Thomas, Broker

for Shoreview Realty, Inc.

Contract Addendum

for

119 Avery Avenue, K-28, Long Branch, New Jersey

Sellers:	Bullion Falls Realty Services

Buyers:

Megan's Law Statement

Under New Jersey Law, the county prosecutor determines whether and how to provide notice of the presence of convicted sex offenders in an area. In their professional capacity, real estate licensees are entitled to notification by the county prosecutor under Megan's Law and are unable to obtain such information for you. Upon closing, the county prosecutor may be contacted for such further information as may be disclosable to you.

Notice of Off-Site Conditions

Pursuant to the new residential construction off-site conditions disclosure act, P.L. 1995, C.253, the clerks of municipalities in New Jersey maintain lists of off-site conditions which may affect the value of residential properties in the vicinity of the off-site condition. Purchasers may examine the lists and are encouraged to independently investigate the area surrounding this property in order to become familiar with any off-site conditions which may affect the value of the property. In cases where a property is located near the border of a municipality, purchasers may wish to also examine the list maintained by the neighboring municipality.

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Seller	Date

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Seller	Date

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Buyer	Date

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Buyer	Date

Contract Addendum

for

119 Avery Avenue, K-28, Long Branch, New Jersey

Sellers:	Bullion Falls Realty Services

Buyers:

Disclosure if Information on Lead-Based Paint and Lead-Based Paint Hazards

Lead Warning Statement

Every purchaser of any interest in residential real property on which a residential dwelling was built prior to 1978 is notified that such property may present exposure to lead from lead-based paint that may place young children at risk of developing lead poisoning. Lead poisoning in young children may produce permanent neurological damage, including learning disabilities, reduced intelligence quotient, behavioral problems, and impaired memory. Lead poisoning also poses a particular risk to pregnant women. The seller of any interest in residential real property is required to provide the buyer with any information on lead-based paint hazards from risk assessments or inspections in the seller's possession and notify the buyer of any known lead-based paint hazards. A risk assessment or inspection for possible lead-based paint hazards is recommended prior to purchase.

Seller's Disclosure

Initial both (a) and (b):

_______ (a) Presence of lead-based paint and/or lead-based paint hazards (check one below):

_____ Known lead-based paint and/or lead-based hazards are present in the housing (explain):

______________________________________________________________________

_____ Seller has no knowledge of lead-based paint and/or lead-based paint hazards in the housing.

_______(b) Records and reports available to the seller (check one below):

_____Seller has provided the purchaser with all available records pertaining to lead-based paint and/or lead-based paint hazards in the housing (list documents below).

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_____Seller has no reports or records pertaining to lead-based paint and/or lead-based paint hazards in the housing.

Purchaser's Acknowledgment

Initial (c) (d) and (e):

_______(c) Purchaser has received copies of all information listed above, if any.

_______(d) Purchaser has received the pamphlet Protect Your Family from Lead in Your Home.

_______(e) Purchaser has (check one below):

_____Received a 10-day opportunity (or mutually agreed upon period)to conduct a risk assessment or inspection for the presence of lead-based or lead-based paint hazards; or

_____Waived the opportunity to conduct a risk assessment or inspection for the presence of lead-based paint or lead-
based paint hazards.

Agent's Acknowledgment

_______(f) Agent has informed the seller of the seller's obligations under 42 U.S.C. 4582(d) and is aware of his/her responsibility to ensure compliance.

Certification of Accuracy

The following parties have reviewed the information above an certify, to the best of their knowledge, that the information provided by the signatory is true and accurate

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Seller	Date

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Seller	Date	Seller's Agent	Date

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Buyer	Date

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Buyer	Date	Buyer's Agent	Date