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In addition to the disclosures required by this chapter, the developer shall make available at a place on the premises convenient to the tenants during normal working hours the following information to prospective purchasers at least seven days before any purchase commitment is signed, or, in the case of existing tenants, with the one-hundred-twenty-day notice provided in Section 16.04.060:

A. Copies of all documents filed with any governmental agency pursuant to the Horizontal Property Regimes Act, RCW Chapter 64.32;

B. An itemization of the specific repairs and improvements made to the entire building during the six months immediately preceding the offer for sale;

C. An itemization of the repairs and improvements to be completed before close of sale;

D. A statement of the services and expenses which are being paid for by the developer but which will in the future be terminated, or transferred to the purchaser, or transferred to the owners’ association;

E. An accurate estimate of the useful life of the building’s major components and mechanical systems (foundation, exterior walls, exterior wall coverings other than paint or similar protective coating, exterior stairs, floors and floor supports, carpeting in common areas, roof cover, chimneys, plumbing system, heating system, water heating appliances, mechanical ventilation system, and elevator equipment) and an estimate of the cost of repairing any component whose useful life will terminate in less than five years from the date of this disclosure. For each system and component whose expected life cannot be accurately estimated, the developer shall provide a detailed description of its present condition and an explanation of why no estimate is possible. In addition, the developer shall provide an itemized statement in budget form of the monthly costs of owning the unit that the purchaser intends to buy. The itemization shall include but shall not be limited to: (1) payments on purchase loan; (2) taxes; (3) insurance; (4) utilities (which shall be listed individually); (5) homeowner’s assessments; (6) the projected monthly assessment needed for replacing building components and systems whose life expectancy is less than five years; and (7) a statement of the budget assumptions concerning occupancy and inflation factors. (Ord. 858 § 4.3, 1979).