Common use of Condition of Property- Corporate Disclosure Clause in Contracts

Condition of Property- Corporate Disclosure. Buyer is aware and acknowledges the Seller acquired the property through foreclosure or other conveyance and that Seller has not occupied such property and has not made, and does not make any warranty or representation, expressed or implied, the quality, condition, habitability, suitability of the property or fitness for a particular purpose, it’s soil conditions or release of hazardous materials. If inspection reports have been obtained by Seller or its representatives, said reports may be provided to Buyer for information purposes only. Seller does not warrant the truth or validity of any findings that may be contained in such reports. Buyer acknowledges and agrees that Seller does not warrant or guarantee the square footage, condition, value, lot dimensions, construction quality, personal property or fixtures remaining on or in the property. Xxxxx hereby acknowledges and agrees that Xxxxx has thoroughly inspected and examined the property and agrees to purchase property “as is- with all faults”. Buyer is responsible for obtaining inspection reports from qualified professionals to assess structural and mechanical components and to detect the presence of asbestos insulation, lead based paint, radon gas, mold, mildew or any microscopic organisms. If Xxxxx disapproves of the property pursuant to the Contract inspection provision, Xxxxx agrees to furnish Seller with a copy of all inspection reports. However, Seller is not required to perform any repairs outlined in said reports. Mold, mildew, spores and other microscopic organisms are environmental conditions that are common in residential properties and may affect the property. Mold, in some form, has been reported to be toxic and cause serious physical illnesses, including, but not limited to, allergic and/or respiratory reactions or other problems, particularly in persons with immune system problems, young children and/or the elderly. Mold has also been reported to cause extensive damage to personal and real property. This company cannot suggest, refer, recommend, or infer that you should or should not use a Mold Inspector. Should you desire an inspection by a Certified Mold Inspector, you should contact an Inspector who has been certified to capture mold samples for laboratory testing. No warranty, representation or recommendation can be made by any agent or representative of the Seller concerning any Mold Inspector. Xxxxx is STRONGLY URGED to independently determine the competency of any Mold Inspector to be used in connection with the purchase, sale or rental of real estate.

Appears in 4 contracts

Samples: Contract for Sale, Real Estate Sales Contract, Contract for Sale

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Condition of Property- Corporate Disclosure. Buyer is aware and acknowledges the Seller acquired the property through foreclosure or other conveyance and that Seller has not occupied such property and has not made, and does not make any warranty or representation, expressed or implied, the quality, condition, habitability, suitability of the property or fitness for a particular purpose, it’s 's soil conditions or release of hazardous materials. If inspection reports have been obtained by Seller or its representatives, said reports may be provided to Buyer for information purposes only. , Seller does not warrant the truth or validity of any findings that may be contained in such reports. Buyer acknowledges and agrees that Seller does not warrant or guarantee the square footage, condition, value, lot dimensions, construction quality, personal property or fixtures remaining on or in the property. Xxxxx hereby acknowledges and agrees that Xxxxx has thoroughly inspected and examined the property and agrees to purchase property "as is- with all faults". Buyer is responsible for obtaining inspection reports from qualified professionals to assess structural and mechanical components and to detect the presence of asbestos insulation, lead based paint, radon gas, mold, mildew or any microscopic organisms. If Xxxxx disapproves of the property pursuant to the Contract inspection provision, Xxxxx agrees to furnish Seller with a copy of all inspection reports. However, Seller is not required to perform any repairs outlined in said reports. Buyer initials: Mold, mildew, spores and other microscopic organisms are environmental conditions that are common in residential properties and may affect the property. Mold, in some form, has been reported to be toxic and cause serious physical illnesses, including, but not limited to, allergic and/or respiratory reactions or other problems, particularly in persons with immune system problems, young children and/or the elderly. Mold has also been reported to cause extensive damage to personal and real property. This company cannot suggest, refer, recommend, or infer that you should or should not use a Mold Inspector. Should you desire an inspection by a Certified Mold Inspector, you should contact an Inspector who has been certified to capture mold samples for laboratory testing. No warranty, representation or recommendation can be made by any agent or representative of the Seller concerning any Mold Inspector. Xxxxx is STRONGLY URGED to independently determine the competency of any Mold Inspector to be used in connection real estate Connection with the purchase, sale or rental of real estate.

Appears in 3 contracts

Samples: Contract for Sale of Real Property, Contract for Sale of Real Property, Contract for Sale of Real Property

Condition of Property- Corporate Disclosure. Buyer is aware and acknowledges the Seller acquired the property through foreclosure or other conveyance and that Seller has not occupied such property and has not made, and does not make any warranty or representation, expressed or implied, the quality, condition, habitability, suitability of the property or fitness for a particular purpose, it’s soil conditions or release of hazardous materials. If inspection reports have been obtained by Seller or its representatives, said reports may be provided to Buyer for information purposes only. Seller does not warrant the truth or validity of any findings that may be contained in such reports. Buyer acknowledges and agrees that Seller does not warrant or guarantee the square footage, condition, value, lot dimensions, construction quality, personal property or fixtures remaining on or in the property. Xxxxx Buyer hereby acknowledges and agrees that Xxxxx has inspected or will thoroughly inspected and examined inspect the property within days of the effective date of the contract and agrees to purchase the property “as is- with all faults”. Buyer is responsible for obtaining inspection reports from qualified professionals to assess structural and mechanical components and to detect the presence of asbestos insulation, lead based paint, radon gas, mold, mildew or any microscopic organisms. If Xxxxx Buyer disapproves of the property pursuant to the Contract inspection provision, buyer may void the contract and xxxxxxx money will be returned. Xxxxx must submit letter in writing to seller within the inspection period terminating the contract. Xxxxx agrees to furnish Seller with a copy of all inspection reports. However, Seller is not required or obligated to perform any repairs outlined in said reports. Mold, mildew, spores and other microscopic organisms are environmental conditions that are common in residential properties and may affect the property. Mold, in some form, has been reported to be toxic and cause serious physical illnesses, including, but not limited to, allergic and/or respiratory reactions or other problems, particularly in persons with immune system problems, young children and/or the elderly. Mold has also been reported to cause extensive damage to personal and real property. This company cannot suggest, refer, recommend, or infer that you should or should not use a Mold Inspector. Should you desire an inspection by a Certified Mold Inspector, you should contact an Inspector who has been certified to capture mold samples for laboratory testing. No warranty, representation or recommendation can be made by any agent or representative of the Seller concerning any Mold Inspector. Xxxxx is STRONGLY URGED to independently determine the competency of any Mold Inspector to be used in connection with the purchase, sale or rental of real estate.

Appears in 1 contract

Samples: Contract for Sale

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Condition of Property- Corporate Disclosure. Buyer is aware and acknowledges the Seller acquired Buyer is purchasing the property through foreclosure or other conveyance and that Seller has not occupied such property and has not made, and does not make any warranty or representation, expressed or implied, the quality, condition, habitability, suitability of the property or fitness for a particular purpose, it’s soil conditions or release of hazardous materials. If inspection reports have been obtained by Seller or its representatives, said reports may be provided to Buyer for information purposes only. Seller does not warrant the truth or validity of any findings that may be contained in such reports. Buyer acknowledges and agrees that Seller does not warrant or guarantee the square footage, condition, value, lot dimensions, construction quality, personal property or fixtures remaining on or in the property. Xxxxx Buyer hereby acknowledges and agrees that Xxxxx Buyer has thoroughly inspected and examined the property and agrees to purchase property “as is- with all faults”. Buyer is responsible for obtaining inspection reports from qualified professionals to assess structural and mechanical components and to detect the presence of asbestos insulation, lead based paint, radon gas, mold, mildew or any microscopic organisms. If Xxxxx disapproves of the property pursuant to the Contract inspection provision, Xxxxx agrees to furnish Seller with a copy of all inspection reports. However, Seller is not required to perform any repairs outlined in said reports. Mold, mildew, spores and other microscopic organisms are environmental conditions that are common in residential properties and may affect the property. Mold, in some form, has been reported to be toxic and cause serious physical illnesses, including, but not limited to, allergic and/or respiratory reactions or other problems, particularly in persons with immune system problems, young children and/or the elderly. Mold has also been reported to cause extensive damage to personal and real property. This company The Seller cannot suggest, refer, recommend, or infer that you should or should not use a Mold Inspector. Should you desire an inspection by a Certified Mold Inspector, you should contact an Inspector who has been certified to capture mold samples for laboratory testing. No warranty, representation or recommendation can be made by any agent or representative of the Seller concerning any Mold Inspector. Xxxxx Buyer is STRONGLY URGED to independently determine the competency of any Mold Inspector to be used in connection with the purchase, sale or rental of real estate.

Appears in 1 contract

Samples: Addendum to Contract for Sale

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