Here’s a detailed list of possible questions about the Wooden Balconies and Stairs Addendum, along with explanations for each:
- What is the purpose of the Wooden Balconies and Stairs Addendum?
It discloses the condition, maintenance, and compliance status of wooden balconies, decks, stairways, and walkways, which may be subject to safety inspections under California law (such as SB 721 or SB 326 for multifamily buildings).
- Does this addendum apply to single-family residences or only multi-unit properties?
While most inspection requirements apply to multifamily buildings, the addendum may also be used for single-family homes to disclose known safety or maintenance concerns.
- What laws or building codes require inspection of wooden balconies and stairs?
California Senate Bill 721 (for apartments) and Senate Bill 326 (for condominiums) require periodic inspections by a licensed professional to ensure structural safety of exterior elevated elements.
- Is the seller required to provide an inspection report?
The addendum can clarify whether the seller has already obtained a required inspection report and whether a copy must be provided to the buyer before closing.
- If repairs are needed, who is responsible for completing them?
This should be addressed clearly in the addendum—whether the seller will complete the repairs prior to closing or provide a credit to the buyer.
- Does the property have any history of water intrusion or wood rot?
The addendum allows disclosure of past or present damage that may impact the structural integrity of balconies, stairs, or other exterior elevated elements.
- Has the HOA conducted inspections or repairs for common-area balconies or stairs?
For condos or townhomes, the HOA may be responsible for common elements, and the addendum should reflect any related reports, assessments, or planned repairs.
- Are there active code enforcement cases related to the balconies or stairs?
If the city or county has issued violation notices, the addendum should disclose this to the buyer, as it can affect insurance, financing, and habitability.
- Is there a warranty on the balconies or stairs?
If repairs or replacements were recently completed, warranties may be transferable to the buyer.
- How will lender requirements be handled if repairs are needed?
Some lenders may require balconies and stairs to meet code before funding the loan; the addendum can address timelines for meeting those conditions.
- If inspections are not legally required, should they still be performed?
Even if the property is exempt, the broker may advise inspections to avoid future liability and ensure safety for occupants.
- Does insurance coverage depend on the condition of the balconies or stairs?
Insurers may require proof that exterior elevated elements are in safe condition before issuing or renewing a policy.
- Can closing be delayed if repairs are not finished on time?
The addendum can outline whether closing will be extended to complete safety repairs or if funds will be held in escrow for post-closing work.
Disclaimer:
The questions and answers provided are for general guidance only and may not cover all details or apply to every situation. If anything is unclear or you need further clarification, please visit car.org for official resources and the most up-to-date information from the California Association of REALTORS®.
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