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E&O Deductible Elimination Program

CENTURY 21 Alpha & CENTURY 21 Alpha Fine Homes & Estates


Owner Occupied Single Family Properties ONLY , Effective June 1, 2005
Seller's Program
The listing salespersons deductible is $25,000 if all the statutory disclosures are made including but not limited to the
TDS. For each of the following additional disclosures made and completely executed by ALL the Buyers, Sellers
and Agents the deductible is reduced by the indicated amount:

$25,000 deductible reduced by $5000.00


• (Professional Publishing form) - RED FLAGS INSPECTION CHECKLIST attached to the TDS,
• (CENTURY 21 Alpha form) PERMIT DISCLOSURE ILLEGAL Modifications and/or Additions, if appropri-
ate, attached to the Purchase Contract,
• (CENTURY 21 Alpha form) “AS IS” in their present condition with all faults Addendum, if appropriate,
(Professional Publishing form) CONSENT TO DUAL AGENCY, if appropriate

$25,000 deductible reduced by $5000.00


• (PRDS form) - PRDS® SUPPLEMENTAL SELLER’S CHECKLIST attached to the contract
• (CENTURY 21 Alpha form) Repair Work Limit, if repairs required by contract.

$25,000 deductible reduced by $5000.00


(CAR Form) - STATEWIDE BUYER AND SELLER ADVISORY
(CENTURY 21 Alpha form) Local Condition Disclosure Addendum “A” to California Association of REAL-
TORS® form SBSA (Statewide Buyers and Seller Advisory)

$25,000 deductible reduced by $5000.00


• Seller initialing ALL Control Words, Characteristics and Remarks Line(s) responses on the RE InfoLink Class 1–
Single Family Residential Form as to validity of each response thereof .

$25,000 deductible reduced by $2500.00


• (CENTURY 21 Alpha form) Listing Addendum “A”
• (CENTURY 21 Alpha form), Listing Addendum “B” , if appropriate,
• Local Real Estate Board form [Exclusion from the MLS] if appropriate,
• (CENTURY 21 Alpha form) Listing Addendum “C”, if appropriate,

$25,000 deductible reduced by $2500.00


• The use of CRES Home Warranty Plan, American Home Shield and/or First American Home Buyers Pro-
tection Plan

In the event you elect to incorporate all of the above into a transaction your deductible is ZERO. The office will pay the
entire deductible if you comply with the above. The choice is yours.

NOTE: (All necessary forms provided by office or on WinForms –USE THEM)

The undersigned Associate-Licensee hereby understands the above deductible program and
acknowledges receipt of a copy hereof.

Date _________________, 20_____

Signature ________________________________________________

Printed Name _____________________________________________

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