Common use of Broker Disclaimer Clause in Contracts

Broker Disclaimer. Buyer and Seller acknowledge that, except as otherwise expressly stated herein, Agent has not made any investigation, determination, warranty or representation with respect to any of the following: (a) the financial condition or business prospects of any tenant, or such tenant’s intent to continue or renew its tenancy in the Property; (b) the legality of the present or any possible future use of the Property under any federal, state or local law; (c) pending or possible future action by any governmental entity or agency which may affect the Property (d) the physical condition of the Property, including but not limited to, soil conditions, the structural integrity of the improvements, and the presence or absence of fungi or wood-destroying organisms; (e) the accuracy or completeness of income and expense information and projections, of square footage figures, and of the texts of leases, options, and other agreements affecting the Property; (f) the possibility that lease, options or other documents exist which affect or encumber the Property and which have not been provided or disclosed by Seller; or (g) the presence or location of any hazardous materials on or about the Property, including, but not limited to asbestos, PCB’s, or toxic, hazardous or contaminated substances, and underground storage tanks. Buyer agrees that investigation and analysis of the foregoing matters is Buyer’s sole responsibility and that Buyer shall not hold Agent responsible therefore. Buyer further agrees to reaffirm its acknowledgment of this disclaimer at closing and to confirm that it has relied upon no representations of Agent in connection with its acquisition of the property. Buyer’s Initials BM Seller’s Initials MB

Appears in 1 contract

Samples: Purchase Agreement (Eaco Corp)

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Broker Disclaimer. Buyer and Seller acknowledge that, except as otherwise expressly stated herein, Agent Broker has not made any investigationno warranties or representations respecting the Property, determination, warranty or representation with respect to including without limitation any of the following, under any federal, state, or local law: (a) the financial condition or business prospects of any tenant, or such tenant’s intent to continue or renew its tenancy in the Property; (b) the legality of the present or any possible future use of the Property under any federal, state or local lawProperty; (cb) pending or possible future action by any governmental entity or agency which may affect the Property Property; (dc) the physical condition of the Property, including but not limited to, without limitation soil conditions, the structural integrity of the improvements, and the or presence or absence of fungi mold, fungi, or wood-wood destroying organismsorganisms or pests or dry rot; (ed) the accuracy or completeness of income and expense information and projections, of square footage figures, and or boundaries or possible encroachments of the texts Property; (e) text or accuracy of leases, options, and other agreements affecting the Property, or reports from any source concerning or affecting the Property; (f) the possibility that leaseleases, options options, or other documents exist which affect or encumber the Property and which have not been provided or disclosed by Seller; or (g) the possible presence or location of any toxic or hazardous materials substances on or about below the surface of the Property, including, but not limited to to, asbestos, PCB’sradon, petroleum, petrochemicals, PCBs, lead-based paint or lead-based paint hazards, other toxic, hazardous hazardous, or contaminated substances, and underground storage tanks. Regarding (g) above, Broker further recommends that Buyer seek independent professional counsel to determine presence and/or location of any such toxic or hazardous materials or tanks. Buyer agrees that investigation and analysis of the foregoing matters is are Buyer’s 's sole responsibility and that Buyer shall not hold Agent Broker responsible therefore. Buyer further agrees and Seller acknowledge and agree that (a) Brokers do not decide what price Buyer should pay or Seller should accept; (b) Brokers do not guarantee performance by others who may provide services or products to reaffirm its acknowledgment of this disclaimer at closing Buyer or Seller; and to confirm that it has relied upon no representations of Agent in connection with its acquisition of the property. Buyer’s Initials BM Seller’s Initials MB(c) Buyer and Seller and Buyer will seek appropriate legal, tax, insurance, title, and other desired assistance from appropriate professionals.

Appears in 1 contract

Samples: Purchase Agreement

Broker Disclaimer. Buyer and Seller acknowledge that, except as otherwise expressly stated herein, . Agent has not made any investigation, determination, warranty or representation with respect to any of the following: (a) the financial condition or business prospects of any tenant, or such tenant’s 's intent to continue or renew its tenancy in the Property; (b) the legality of the present or any possible future use of the Property under any federal, state or local law; : (c) pending or possible future action by any governmental entity or agency which may affect the Property Property; (d) the physical condition of the Property, including but not limited to, soil conditions, the structural integrity of the improvements, and the presence or absence of fungi or wood-destroying organisms; : (e) the accuracy or completeness of income and expense information and projections, of square footage figures, and of the texts of leases, options, and other agreements affecting the Property; : (f) the possibility that lease, options or other documents exist which affect or encumber the Property and which have not been provided or disclosed by Seller; or (g) the presence or location of any hazardous materials on or about the Property, including, but not limited to to, asbestos, PCB’s's, or toxic, hazardous or contaminated substances, and underground storage tanks. Buyer agrees that investigation and analysis of the foregoing matters is Buyer’s 's sole responsibility and that Buyer shall not hold Agent responsible therefore. Buyer further agrees to reaffirm its acknowledgment of this disclaimer at closing close of escrow and to confirm that it has relied upon no representations of Agent in connection with its acquisition of the propertyProperty. Buyer’s Initials BM Seller’s Initials MBBUYER'S INITIALS______ SELLER'S INITIALS_______

Appears in 1 contract

Samples: Purchase Agreement (Zila Inc)

Broker Disclaimer. Buyer and Seller acknowledge that, except as otherwise expressly stated herein, Agent has not made any investigation, determination, warranty or representation with respect to any of the following: (a) the financial condition or business prospects of any tenant, or such tenant’s 's intent to continue or renew its tenancy in the Property; (b) the legality of the present or any possible future use of the Property under any federal, state or local law; (c) pending or possible future action by any governmental entity or agency which may affect the Property Property; (d) the physical condition of the Property, including but not limited to, soil conditions, the structural integrity of the improvements, and the presence or absence of fungi or wood-destroying organisms; (e) the accuracy or completeness of income and expense information and projections, of square footage figures, and of the texts of leases, options, and other agreements affecting the Property; (f) the possibility that lease, options or other documents exist which affect or encumber the Property and which have not been provided or disclosed by Seller; or (g) the presence or location of any hazardous materials on or about the Property, including, but not limited to to, asbestos, PCB’s's, or toxic, hazardous or contaminated substances, and underground storage tanks. Buyer agrees that investigation and analysis of the foregoing matters is Buyer’s 's sole responsibility and that Buyer shall not hold Agent responsible thereforetherefor. Buyer further agrees to reaffirm its acknowledgment of this disclaimer at closing close of escrow and to confirm that it has relied upon no representations of Agent in connection with its acquisition of the property. Buyer’s Initials BM Seller’s Initials MBProperty.

Appears in 1 contract

Samples: Purchase Agreement (LIVE VENTURES Inc)

Broker Disclaimer. Buyer and Seller acknowledge that, except as otherwise expressly stated herein, Agent has not made any investigation, determination, warranty or representation with respect to any of the following: (a) the financial condition or business prospects of any tenant, or such tenant’s intent to continue or renew its tenancy in the Property; (b) the legality of the present or any possible future use of the Property under any federal, state or local law; (c) pending or possible future action by any governmental entity or agency which may affect the Property Property; (d) the physical condition of the Property, including but not limited to, soil conditions, the structural integrity of the improvements, and the presence or absence of fungi or wood-destroying organisms; (e) the accuracy or completeness of income and expense information and projections, of square footage figures, and of the texts of leases, options, and other agreements affecting the Property; (f) the possibility that lease, options or other documents exist which affect or encumber the Property and which have not been provided or disclosed by Seller; or (g) the presence or location of any hazardous materials on or about the Property, including, but not limited to to, asbestos, PCB’s, or toxic, hazardous or contaminated substances, and underground storage tanks. Buyer Agent has no expertise with respect to hazardous or contaminated substances. Xxxxx is strongly advised by Agent to seek advice and inspections from competent hazardous materials experts. Xxxxx agrees that investigation and analysis of the foregoing matters is BuyerXxxxx’s sole responsibility and that Buyer shall not hold Agent responsible therefore. Buyer Xxxxx further agrees to reaffirm its acknowledgment of this disclaimer at closing close of escrow and to confirm that it has relied upon no representations of Agent in connection with its acquisition of the property. Buyer’s Initials BM Seller’s Initials MBProperty.

Appears in 1 contract

Samples: Purchase Agreement

Broker Disclaimer. Buyer and Seller acknowledge that, except as otherwise expressly stated herein, Agent has not made any investigation, determination, warranty or representation with respect to any of the following: (a) the financial condition or business prospects of any tenant, or such tenant’s 's intent to continue or renew its tenancy in the Property; (b) the legality of the present or any possible future use of the Property under any federal, state or local law; (c) pending or possible future action by any governmental entity or agency which may affect the Property Property; (d) the physical condition of the Property, including but not limited to, soil conditions, the structural integrity of the improvements, and the presence or absence of fungi fungi, mold or wood-destroying organisms; (e) the accuracy or completeness of income and expense information and projections, of square footage figures, and of the texts of leases, options, and other agreements affecting the Property; (f) the possibility that lease, options or other documents exist which affect or encumber the Property and which have not been provided or disclosed by Seller; or (g) the presence or location of any hazardous materials on or about the Property, including, but not limited to to, asbestos, PCB’s's, or toxic, hazardous or contaminated substances, lead-based paint and underground storage tanks. Buyer agrees that investigation and analysis of the foregoing matters is Buyer’s 's sole responsibility and that Buyer shall not hold Agent responsible therefore. Buyer further agrees to reaffirm its acknowledgment of this disclaimer at closing close of escrow and to confirm that it has relied upon no representations of Agent in connection with its acquisition of the property. Buyer’s Initials BM Seller’s Initials MBProperty.

Appears in 1 contract

Samples: Purchase Agreement

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Broker Disclaimer. Buyer and Seller acknowledge that, except as otherwise expressly stated herein, Agent has not made any investigation, determination, warranty or representation with respect to any of the following: (a) the financial condition or business prospects of any tenant, or such tenant’s 's intent to continue or renew its tenancy in the Property; (b) the legality of the present or any possible future use of the Property under any federal, state or local law; (c) pending or possible future action by any governmental entity or agency which may affect the Property Property; (d) the physical condition of the Property, including but not limited to, soil conditions, the structural integrity of the improvements, and the presence or absence of fungi or wood-destroying organisms; (e) the accuracy or completeness of income and expense information and projections, projections of square footage figures, and of the texts basis of leases, options, and other agreements affecting the Property; (f) the possibility that lease, options or other documents exist which affect or encumber the Property and which have not been provided or disclosed by Seller; or (g) the presence or location of any hazardous materials on or about the Property, including, but not limited to to, asbestos, PCB’s's, or toxic, hazardous or contaminated substances, and underground storage tanks. Buyer agrees that investigation and analysis of the foregoing matters is Buyer’s 's sole responsibility and that Buyer shall not hold Agent responsible thereforetherefor. Buyer further agrees to reaffirm its acknowledgment of this disclaimer at closing close of escrow and to confirm that it has relied upon no representations of Agent in connection with its acquisition of the propertyProperty. Buyer’s Buyers Initials BM Seller’s Initials MB-- Sellers Initials

Appears in 1 contract

Samples: Purchase Agreement (Wade Cook Financial Corp)

Broker Disclaimer. Buyer and Seller acknowledge that, except as otherwise expressly stated herein, Agent has not made any investigation, determination, warranty or representation with respect to any of the followingfollows: (a) the financial condition or business prospects of any tenant, or such tenant’s intent to continue or renew its tenancy in the Property; (b) the legality of the present or any possible future use of the Property under nder any federal, state state, or local law; (c) pending or possible future action by any governmental entity or agency which may affect the Property Property; (d) the physical condition of the Property, including but not limited to, soil conditions, the structural integrity of the improvements, and the presence or oor absence of fungi fungi, mold or wood-destroying organisms; (e) the accuracy or completeness of income and expense information and projections, of square footage figures, and of the texts of leasesleass, options, and other agreements affecting the Property; (f) the possibility that lease, options or other documents exist which affect or encumber the Property and which have not been provided or disclosed by Seller; or (g) the presence or location of any hazardous materials on or about the Property, including, but not limited to to, asbestos, PCB’s, or toxic, hazardous or contaminated substances, lead-based paint and underground storage tanks. Buyer agrees that investigation and analysis of the foregoing matters is Buyer’s sole responsibility and that Buyer shall not hold Agent Marcus & Millichap responsible therefore. Buyer further agrees to reaffirm its acknowledgment of this disclaimer at closing close of escrow and to confirm that it is has relied upon no representations of Agent Marcus & Millichap in connection with its acquisition of the propertyProperty. Buyer’s Initials BM __/s/ RH Seller’s Initials MB/s/ GD

Appears in 1 contract

Samples: Purchase Agreement (NNN Healthcare/Office REIT, Inc.)

Broker Disclaimer. Buyer and Seller acknowledge that, except as otherwise expressly stated herein, Agent has not made any investigation, determination, warranty or representation with respect to any of the following: (a) the financial condition or business prospects of any tenant, or such tenant’s 's intent to continue or renew its tenancy in the Property; (b) the legality of the present or any possible future use of the Property under any federal, state or local law; (c) pending or possible future action by any governmental entity or agency which may affect the Property Property; (d) the physical condition of the Property, including but not limited to, soil conditions, the structural integrity of the improvements, and the presence or absence of fungi or wood-destroying organisms; : (e) the accuracy or completeness of income and expense information and projections, of square footage figures, and of the texts of leases, options, and other agreements affecting the Property; (f) the possibility that lease, options or other documents exist which affect or encumber the Property and which have not been provided or disclosed by Seller; or (g) the presence or location of any hazardous materials on or about the Property, including, but not limited to to, asbestos, PCB’s's, or toxic, hazardous or contaminated substances, and underground storage tanks. Buyer agrees that investigation and analysis of the foregoing matters is Buyer’s 's sole responsibility and that Buyer shall not hold Agent responsible therefore. Buyer further agrees to reaffirm its acknowledgment of this disclaimer at closing close of escrow and to confirm that it has relied upon no representations of Agent in connection with its acquisition of the property. Buyer’s Initials BM Seller’s Initials MBProperty.

Appears in 1 contract

Samples: Purchase Agreement (Golden Enterprises Inc)

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