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TAXES: (Continued) <br /> roll, determined by the county assessor as of the date of purchase <br /> of the lot or as of the date of completion of an improvement on the <br /> lot if that occurs after the date of purchase. <br /> PURCHASE MONEY HANDLING: The subdivider must impound all funds <br /> received from you in an escrow depository until legal title is <br /> delivered to you. [ Refer to Sections 11013 and 11013. 2 (a) of the <br /> Business and Professions Code. ] <br /> If the escrow has not closed on your lot within six ( 6) months of <br /> the date of your deposit receipt, you may request return of your <br /> deposit. <br /> NOTE: Section 2995 of the Civil Code provides that: "No real <br /> estate developer shall require as a condition precedent to the <br /> transfer of real property containing a single family residential <br /> dwelling that escrow services effectuating such transfer shall be <br /> provided by an escrow entity in which the developer . . . (owns or <br /> controls ) 5% or more of the escrow entity. " <br /> The subdivider has no such interest in the escrow company which is <br /> to be used in connection with the sale or lease of lots in this <br /> subdivision. <br /> For further information in regard to this subdivision, you may call <br /> (916) 739-3631 or examine the documents at the Department of Real <br /> Estate, Subdivisions North, 2201 Broadway, Sacramento, CA 95818 . <br /> 0096/ED/cb Page 5 of 5 File No. 025004SA-F00 <br />