Baltimore City Addendum Form PDF Details

In the intricacies of real estate transactions within the urban landscape of Baltimore City, Maryland, the Baltimore City Addendum form plays a crucial role, intricately woven into the framework of property sales to ensure that both buyers and sellers are aware of, and comply with, specific local regulations and disclosures. This form, designed for use alongside the Maryland Association of REALTORS® Residential Contract of Sale, encompasses a variety of key notices and disclosures that carry significant implications for the transaction process. These include advisories on the potential impact of the current Baltimore City Master Plan on the property, detailing the necessity for buyers to review this plan and consult with appropriate city agencies to fully grasp current and future land use, facilities, public works, and school plans. Additionally, the form outlines the Tenant’s Right of First Refusal for properties that have been single-family residential rentals, the requirement of a Transfer Certificate for selling properties in Baltimore City, the eligibility criteria for tax credits on newly constructed dwellings, and disclosures related to proximity to heavy-industrial and railroad operations. Each of these elements underscores the unique aspects of navigating real estate transactions within Baltimore City, emphasizing the importance of thorough review and comprehension by all parties involved to safeguard their interests and ensure compliance with local ordinances. The addendum not only guides through the procedural necessities but also highlights the city’s dedication to transparency, safety, and forward planning in its real estate market.

QuestionAnswer
Form NameBaltimore City Addendum Form
Form Length2 pages
Fillable?Yes
Fillable fields30
Avg. time to fill out6 min 30 sec
Other namesform bc001 baltimore, baltimore city notices disclosure addendum, 2012 baltimore city addendum, baltimore city addendum

Form Preview Example

BALTIMORE CITY NOTICES AND DISCLOSURES ADDENDUM

(For use with Maryland Association of REALTORSResidential Contract of Sale)

ADDENDUM NUMBER ___________dated______________ To CONTRACT OF SALE (the “Contract”) dated____________________________________

BUYER:_______________________________________________________________________________________________________________________________

SELLER:______________________________________________________________________________________________________________________________

PROPERTY:___________________________________________________________________________________________________________________________

1.MASTER PLAN: Buyer is hereby advised that the Property, or the area in which the Property is located, may be affected by provisions of the current Baltimore City Master Plan. You may wish to review the Master Plan. To become fully informed of current and future land use plans, facilities plans, public works plans or school plans, you should consult the appropriate Baltimore City agency for information regarding such plans. For further information, contact Baltimore City Department of Planning at 410-396-7526 (PLAN), 417 E. Fayette Street, 8th Floor, Baltimore, MD 21202.

Buyer acknowledges that Seller has informed Buyer that (a) the Property may be affected by provisions of the Master Plan and that Buyer may wish to review the Master Plan, and (b) in order to become fully informed of current and future land use plans, facilities plans, public works plans, school plans, or other plans affecting the Property or locality, Buyer should consult the appropriate state, Baltimore City or other authorities for information regarding such plans.

Buyer’s Signature:_________________________________________________ Buyer’s Signature:_________________________________________________

2.PROPERTY LOCATED IN BALTIMORE CITY: Tenant’s Right of First Refusal: If the property is, or has been, within six (6) months of the date hereof, a single family residential rental dwelling in Baltimore City, Maryland, the validity of the Contract is contingent upon compliance with the provisions of Title 13, Subtitle 6 of the Baltimore City Code (2004 Edition, as amended). Transfer Certificate: The zoning ordinance of Baltimore City, Subtitle 5 of the Baltimore City Code, 2005 Edition, regulates that every person who sells property in Baltimore City (other than a 1 or 2 family dwelling) shall attach to the Contract or instrument of conveyance, a Transfer Certificate issued by the Baltimore Zoning Administration.

3.NEWLY CONSTRUCTIED RESIDENCES IN BALTIMORE CITY: Qualified buyers of newly constructed dwellings in Baltimore City may be entitled to receive the Baltimore City Newly Constructed Dwelling Real Property Tax Credit. If eligible, buyers must file the required application with the Baltimore City Department of Finance within 90 days after settlement or within 90 days after the owner first receives a notice of assessment on the building. Other conditions may be required by the department. Additional information may be obtained from the department by calling 443-984-4053.

4.DISCLOSURE OF HEAVY-INDUSTRIAL AND RAILROAD OPERATIONS: Buyer is advised that the property may be located near heavy-industrial operation (that is, land uses limited to an M-3 industrial zoning district under Zoning Code Title 7, Subtitle 4) or near railroad operations.

These operations may involve the use of machinery, trucks, or trains, 24 hours a day, 7 days a week, and may create or cause noises, odors, fumes, bright lights, vibrations, and safety hazards.

Detailed information on the location of heavy-industrial (M-3) zones and on the location of railroad tracks can be found on the “BaltimoreCityView” website, at http://CityView.BaltimoreCity.gov.

________________________________________________________________________

_______________________________________

BUYER

DATE

________________________________________________________________________

_______________________________________

BUYER

DATE

________________________________________________________________________

_______________________________________

SELLER

DATE

________________________________________________________________________

_______________________________________

SELLER

DATE

This form has been prepared for the sole use of the following Boards/Associations of REALTORSand their members. Each Board/Association, including its

members and employees, assumes no responsibility if this form fails to protect the interests of any party. Each party should seek its own legal, tax, and

financial or other advice.

The Greater Baltimore Board of REALTORS, Inc.

Harford County Association of REALTORS, Inc.

Carroll County Association of REALTORS. Inc.

Howard County Association of REALTORS, Inc.

FORM BC001 (REV. 10/2012) 2012 The Greater Baltimore Board of REALTORS, Inc.

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