Common use of Buyer’s Acknowledgement Clause in Contracts

Buyer’s Acknowledgement. a. Buyer represents that Buyer has not signed a written brokerage agreement currently in force with another Broker. b. Buyer is not relying on Broker to determine the suitability of any desired property for the Buyer’s purposes or regarding the environmental or other condition of the desired property. Broker shall not be obligated to discover latent defects in the desired property or to advise on matters outside of the scope of his/her real estate license. Broker does not make any representation or warranty with respect to the advisability of, or the legal effect of, any transaction contemplated by Buyer. Broker shall cooperate fully with any legal counsel of Buyer’s choice. Broker is not an expert in matters relating to law, tax, financing, surveying, structural condition, hazardous materials, engineering or other highly specialized areas. Broker hereby advises Buyer to seek professional advice relating to these matters.

Appears in 4 contracts

Samples: Buyer Broker Service Agreement, Buyer Broker Service Agreement, Buyer Broker Service Agreement

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