Common use of Corporate Disclosures Clause in Contracts

Corporate Disclosures. a) Seller acquired the Property either as a result of a foreclosure action, result of like or similar action, i.e. deed in lieu or as part of a purchase from a prior servicer and that the total price set forth in the contract may reflect deferred maintenance. Accordingly, ▇▇▇▇▇▇ has not conducted their own inspections or has any personal knowledge of the condition of the property other than as may be disclosed in the Inspection Report (as hereinafter defined), if any, that has been prepared for the Property. Purchaser acknowledges that there has been no representation(s) by Seller, or any other person acting as Seller's representative and/or Purchaser's representative regarding the condition of the Property, any of the appliances or structural components that may be contained therein, its fitness for general or specific use, or any other matter affecting the Property. If an inspection report has been obtained by or on behalf of Seller or Seller's representative (the “Inspection Report”), such Inspection Report may be provided to Purchaser for Purchaser's information only and shall not be deemed a part of the Contract of Sale. If the Inspection Report has been provided to Purchaser, no representation or warranty is made as to the accuracy and completeness of such report. b) Neither Seller nor any person acting as Seller's representative has occupied the Property and neither warrants or represents that the Property or any alterations or additions which may have been made to the Property conform to local building codes, zoning requirements or any other applicable laws, rules or regulations. c) Purchaser acknowledges that Purchaser has the opportunity to inspect, examine and make a complete review of the Property prior to the close of escrow of the Contract. Purchaser will rely solely on Purchaser’s inspection and review to evaluate the condition of the Property. d) Purchaser hereby acknowledges that Seller shall not be providing Purchaser with a Real Estate Transfer Disclosure Statement and/or a Certificate of Occupancy with respect to the Property. Purchaser hereby waives any requirement that Seller furnish Purchaser with any such disclosure statement and/or a Certificate of Occupancy and hereby releases Seller from any and all liability resulting from the non-delivery of such disclosure statement and /or a Certificate of Occupancy. e) Purchaser acknowledges that it is Purchaser's sole responsibility to obtain inspection reports by qualified professionals on the appliances, structural components, and alterations or additions to the Property and to determine the presence of any toxic or hazardous substances on the Property, including, but not limited to, mold, radon, asbestos and lead paint, that would make it uninhabitable or dangerous to the health of the occupants or otherwise not in compliance with law, or any other factors regarding the condition of the Property about which Purchaser may be concerned. f) PURCHASER UNDERSTANDS, ACKNOWLEDGES, AND AGREES THAT NEITHER SELLER NOR ANY PERSON ACTING AS SELLER'S REPRESENTATIVE IS MAKING ANY WARRANTIES OR REPRESENTATIONS, EITHER EXPRESS OR IMPLIED, AS TO THE CONDITION OF THE PROPERTY. THE PROPERTY IS BEING CONVEYED TO PURCHASERS IN ITS “AS IS, WHERE IS” CONDITION. IT IS THE RIGHT AND RESPONSIBILITY OF THE PURCHASER TO INSPECT THE PROPERTY AND PURCHASER MUST SATISFY HIMSELF/HERSELF AS TO THE CONDITION OF THE PROPERTY. g) Mold, mildew spores and/or other microscopic organisms and/or allergens (collectively referred to in this Agreement as “Mold”) are environmental conditions that are common in residential properties and may affect the Property. Mold, in some forms, has been reported to be toxic and to cause serious physical injuries, including but not limited to, allergic and/or respiratory reactions or other problems, particularly in persons with immune system problems, young children and/or elderly persons. Mold has also been reported to cause extensive damage to personal and real property. Mold may have been removed or covered in the course of any cleaning or repairing of the Property. h) The Purchaser acknowledges that, if Seller, or any of Seller’s employees, contractors, or agents cleaned or repaired the Property or remediated Mold contamination, that Seller does not in any way warrant the cleaning, repairs or remediation. Purchaser accepts full responsibility for all hazards that may result from the presence of Mold in or around the Property. The Purchaser is satisfied with the condition of the Property notwithstanding the past or present existence of Mold in or around the Property and Purchaser has not in any way, relied upon any representations of Seller, Seller’s employees, officers, directors, contractors, or agents concerning the past or present existence of Mold in or around the property.

Corporate Disclosures. a) This Contract is subject to acquisition of the property by the Seller. If the Seller has not obtained the recorded foreclosure deed on or before the Closing Date, Seller has sole discretion to either extend the contract or terminate the contract and return all ▇▇▇▇▇▇▇ money to Buyer(s) upon such termination. If Seller elects to extend this Contract of Sale, Seller shall have 30 days to resolve any outstanding deed issues. If the Seller does not obtain the recorded foreclosure deed within the 30-day period, either party has the option to immediately terminated this Contract of Sale, with no further obligation, and all ▇▇▇▇▇▇▇ money will be returned to Buyer(s). ▇▇▇▇▇(s) agrees to hold Seller harmless from all liabilities, losses, costs, charges, expenses, and damages of any type whatsoever, including but not limited to attorney’s fees sustained by ▇▇▇▇▇(s)by reason of or arising from the redemption of the property and/or the owner taking possession of the Property and obtaining the recorded foreclosure deed. Seller acquired the Property either as a result of a foreclosure action, result of like or similar action, i.e. i.e., deed in lieu or as part of a purchase from a prior servicer and that the total price set forth in the contract may reflect deferred maintenanceservicer. Accordingly, ▇▇▇▇▇▇ has does not conducted their own inspections or has have any personal knowledge of the condition of the property other than as may be disclosed in the Inspection Report (as hereinafter defined), if any, that has been prepared for the Propertyand makes no representations regarding same. Purchaser Buyer(s) acknowledges that there has been no representation(s) by Seller, or any other person acting as Seller's representative and/or Purchaser's representative regarding the condition of the Property, any of the appliances or structural components that may be contained therein, its fitness for general or specific use, or any other matter affecting the PropertyProperty including whether the property will be occupied at the time of closing. If an inspection report has been obtained by or on behalf of Seller or Seller's representative (the “Inspection Report”), such Inspection Report may shall be provided to Purchaser Buyer(s), and Buyer(s) acknowledges that said disclosures are for Purchaser's information only BUYER'S INFORMATION ONLY, and shall not be deemed a part of the Contract of Sale. If the Inspection Report has been provided to Purchaser, no representation or warranty is made as to the accuracy and completeness of such said report, and it shall not be deemed a part of the Contract of Sale. b) Neither Seller nor any person acting as Seller's representative has occupied the Property and neither warrants or represents that the Property or any alterations or additions which may have been made to the Property conform to local building codes, zoning requirements or any other applicable laws, rules rules, or regulations. c) Purchaser ▇▇▇▇▇(s) acknowledges that Purchaser ▇▇▇▇▇(s) has the opportunity to inspect, examine and make a complete review of the Property prior to within the inspection period of the Contract and assumes all responsibility and liability for occupants and occupancy status after close of escrow of the Contractescrow. Purchaser Buyer(s) will rely solely on PurchaserBuyer(s)’s inspection and review to evaluate the condition of the Property. d) Purchaser ▇▇▇▇▇(s) hereby acknowledges that Seller shall not be providing Purchaser Buyer(s) with a Real Estate Transfer Disclosure Statement and/or Statement, a Certificate of Occupancy Occupancy, or other state and local required transfer documents with respect to the Property. Purchaser Buyer(s) acknowledges that Buyer(s) assumes total responsibility to complete or obtain any such documents that may be required by local statute. Buyer(s) hereby waives any requirement that Seller furnish Purchaser Buyer(s) with any such disclosure statement and/or a Certificate of Occupancy Occupancy, or other state and local required transfer documents and hereby releases releases, holds harmless, and indemnifies Seller from any and all liability resulting from the non-delivery of such disclosure statement and /or a Certificate of Occupancy, or other state and local required transfer documents. e) Purchaser Buyer(s) acknowledges that it is Purchaser▇▇▇▇▇'s sole responsibility to obtain inspection reports by qualified professionals on the appliances, structural components, and alterations or additions to the Property and to determine the presence of any toxic or hazardous substances on the Property, including, but not limited to, mold, radon, asbestos and lead paint, that would make it uninhabitable or dangerous to the health of the occupants or otherwise not in compliance with law, or any other factors regarding the condition of the Property about which Purchaser ▇▇▇▇▇(s) may be concerned. f) PURCHASER BUYER(S) UNDERSTANDS, ACKNOWLEDGES, AND AGREES THAT NEITHER SELLER NOR ANY PERSON ACTING AS SELLER'S REPRESENTATIVE IS MAKING ANY WARRANTIES OR REPRESENTATIONS, EITHER EXPRESS OR IMPLIED, AS TO THE CONDITION OF THE PROPERTY. THE PROPERTY IS BEING CONVEYED TO PURCHASERS BUYER(S)S IN ITS “AS IS, WHERE IS” CONDITION. IT IS THE RIGHT AND RESPONSIBILITY OF THE PURCHASER BUYER(S) TO INSPECT THE PROPERTY AND PURCHASER BUYER(S) MUST SATISFY HIMSELF/HERSELF AS TO THE CONDITION OF THE PROPERTY.SATISFY g) Mold, mildew spores and/or other microscopic organisms and/or allergens (collectively referred to in this Agreement as “Mold”) are environmental conditions that are common in residential properties and may affect the Property. Mold, in some forms, has been reported to be toxic and to cause serious physical injuries, including but not limited to, allergic and/or respiratory reactions or other problems, particularly in persons with immune system problems, young children and/or elderly persons. Mold has also been reported to cause extensive damage to personal and real property. Mold may have been removed or covered in the course of any cleaning or repairing of the Property. h) The Purchaser Buyer(s) acknowledges that, if Seller, or any of Seller’s employees, contractors, or agents cleaned or repaired the Property or remediated Mold contamination, that Seller does not in any way warrant the cleaning, repairs or remediation. Purchaser Buyer(s) accepts full responsibility for all hazards that may result from the presence of Mold in or around the Property. The Purchaser Buyer(s) is satisfied with the condition of the Property notwithstanding the past or present existence of Mold in or around the Property and Purchaser Buyer(s) has not in any way, relied upon any representations of Seller, Seller’s employees, officers, directors, contractors, or agents concerning the past or present existence of Mold in or around the property.

Corporate Disclosures. a) Seller acquired the Property either as a result of foreclosure proceedings or by acceptance of a foreclosure action, result of like or similar action, i.e. deed in lieu of foreclosure or as part of a purchase from a prior servicer otherwise and that the total purchase price set forth in the contract Contract may reflect deferred maintenance. Accordingly, ▇▇▇▇▇▇ has Seller is not conducted their own inspections or has any personal knowledge of familiar with the condition of the property Property, other than as may be by disclosed in the Inspection Report (as hereinafter defined), if any, that has been prepared for the Property. Purchaser Buyer(s) acknowledges that there has been no representation(s) by Seller, or any other person acting as Seller's ’s representative and/or Purchaser's Buyer(s)’ representative regarding the condition of the Property, any of the appliances or structural components that may be contained therein, its fitness for general or specific use, or any other matter affecting the Property. If an inspection report has been obtained by or on behalf of Seller or Seller's ’s representative (the “Inspection Report”), such Inspection Report may be provided to Purchaser Buyer(s) for Purchaser's Buyer(s)’ information only and shall not be deemed a part of the Contract of Sale. If the Inspection Report has been provided to PurchaserBuyer(s), no representation or warranty is made as to the accuracy and completeness of such report. b) . Neither Seller nor any person acting as Seller's ’s representative has occupied the Property and neither warrants or represents that the Property or any alterations or additions which may have been made to the Property conform to local building codes, zoning requirements or any other applicable laws, rules or regulations. c. Buyer(s) Purchaser acknowledges that Purchaser Buyer(s) has had the opportunity to inspect, examine and make a complete review of the Property prior to the close of escrow of the Contract. Purchaser Buyer(s) will rely solely on Purchaser’s Buyer(s)’ inspection and review to evaluate the condition of the Property. d. Buyer(s) Purchaser hereby acknowledges that Seller seller shall not be providing Purchaser Buyer(s) with a Real Estate Transfer Disclosure Statement and/or a Certificate of Occupancy with respect to the Property. Purchaser Buyer(s) hereby waives any requirement that Seller furnish Purchaser Buyer(s) with any such disclosure statement and/or a Certificate of Occupancy and hereby releases Seller from any and all liability resulting from the non-delivery of such disclosure statement and /or and/or a Certificate of Occupancy. e. Buyer(s) Purchaser acknowledges that it is Purchaser's Buyer(s)’ sole responsibility to obtain inspection reports by qualified professionals on the appliances, structural components, and alterations or additions to the Property and to determine the presence of any toxic or hazardous substances on the Property, including, but not limited to, mold, radon, asbestos and lead paint, that would make it uninhabitable or dangerous to the health of the occupants or otherwise not in compliance with law, or any other factors regarding the condition of the Property about which Purchaser Buyer(s) may be concerned. f) PURCHASER UNDERSTANDS, ACKNOWLEDGES, AND AGREES THAT NEITHER SELLER NOR ANY PERSON ACTING AS SELLER'S REPRESENTATIVE IS MAKING ANY WARRANTIES OR REPRESENTATIONS, EITHER EXPRESS OR IMPLIED, AS TO THE CONDITION OF THE PROPERTY. THE PROPERTY IS BEING SHALL BE CONVEYED TO PURCHASERS IN ITS “AS IS, WHERE AS-IS” CONDITIONCONDITION AT TIME OF CLOSING. IT IS THE RIGHT AND RESPONSIBILITY OF THE PURCHASER TO INSPECT THE PROPERTY AND PURCHASER MUST SATISFY HIMSELF/HERSELF AS TO THE CONDITION OF THE PROPERTY. g) MoldIn the event electrical, mildew spores plumbing, water and/or other microscopic organisms and/or allergens (collectively referred to in this Agreement as “Mold”) heating services are environmental conditions that are common in residential properties and may affect the Property. Mold, in some forms, has been reported to be toxic and to cause serious physical injuries, including but not limited to, allergic and/or respiratory reactions shut down for property preservation or other problemspurposes, particularly in persons with immune system problemsSeller will NOT reactivate these systems prior to closing. Buyer(s) understands, young children and/or elderly persons. Mold has also been reported acknowledges, and agrees that neither seller nor any person acting as seller’s representative is making any warranties or representations, either expressed or implied, as to cause extensive damage to personal and real property. Mold may have been removed or covered in the course of any cleaning or repairing of the Property. h) The Purchaser acknowledges that, if Seller, or any of Seller’s employees, contractors, or agents cleaned or repaired the Property or remediated Mold contamination, that Seller does not in any way warrant the cleaning, repairs or remediation. Purchaser accepts full responsibility for all hazards that may result from the presence of Mold in or around the Property. The Purchaser is satisfied with the condition of the Property notwithstanding property. The property is being conveyed to Buyer(s) in its “as is, where is” condition and “with all faults.” It is the past or present existence right and responsibility of Mold in or around the Property Buyer(s) to inspect the property and Purchaser has not in any wayBuyer(s) must satisfy himself/herself as to the condition of the property. SELLER WILL NOT PERMIT ANY REPAIRS PRIOR TO CLOSING, relied upon any representations of Seller, Seller’s employeesagents and Buyer(s)’ agents and Buyer(s) shall execute a LEAD BASE PAINT Disclosure Addendum to Contract of Sale form to be provided by Seller’s representative. Buyer(s) shall also execute at closing a Waiver and Release Regarding Property Condition and Buyer(s) hereby acknowledges receipt of a copy thereof. If Buyer fails to inspect the Property, officerssuch failure shall not under any circumstances alter, directors, contractors, change or agents concerning impair the past or present existence of Mold in or around understanding and agreement made between the propertySeller and Buyer as set forth herein.

Corporate Disclosures. a) Seller acquired the Property either as a result of a foreclosure action, result of like or similar action, i.e. deed in lieu or as part of a purchase from a prior servicer and that the total price set forth in the contract may reflect deferred maintenance. Accordingly, ▇▇▇▇▇▇ has not conducted their own inspections or has any personal knowledge of the condition of the property other than as may be disclosed in the Inspection Report (as hereinafter defined), if any, that has been prepared for the Property. Purchaser acknowledges that there has been no representation(s) by Seller, or any other person acting as Seller's representative and/or Purchaser's representative regarding the condition of the Property, any of the appliances or structural components that may be contained therein, its fitness for general or specific use, or any other matter affecting the PropertyProperty including whether the property will be occupied at the time of closing. If an inspection report has been obtained by or on behalf of Seller or Seller's representative (the “Inspection Report”), such Inspection Report may be provided to Purchaser for Purchaser's information only and shall not be deemed a part of the Contract of Sale. If the Inspection Report has been provided to Purchaser, no representation or warranty is made as to the accuracy and completeness of such report. b) Neither Seller nor any person acting as Seller's representative has occupied the Property and neither warrants or represents that the Property or any alterations or additions which may have been made to the Property conform to local building codes, zoning requirements or any other applicable laws, rules or regulations.. SAMPLE c) Purchaser acknowledges that Purchaser has the opportunity to inspect, examine and make a complete review of the Property prior to the close of escrow of the ContractContract and assumes all responsibility and liability for occupants and occupancy status after close of escrow. Purchaser will rely solely on Purchaser’s inspection and review to evaluate the condition of the Property. d) Purchaser hereby acknowledges that Seller shall not be providing Purchaser with a Real Estate Transfer Disclosure Statement and/or a Certificate of Occupancy with respect to the Property. Purchaser hereby waives any requirement that Seller furnish Purchaser with any such disclosure statement and/or a Certificate of Occupancy and hereby releases Seller from any and all liability resulting from the non-delivery of such disclosure statement and /or a Certificate of Occupancy. e) Purchaser acknowledges that it is Purchaser's sole responsibility to obtain inspection reports by qualified professionals on the appliances, structural components, and alterations or additions to the Property and to determine the presence of any toxic or hazardous substances on the Property, including, but not limited to, mold, radon, asbestos and lead paint, that would make it uninhabitable or dangerous to the health of the occupants or otherwise not in compliance with law, or any other factors regarding the condition of the Property about which Purchaser may be concerned. f) PURCHASER UNDERSTANDS, ACKNOWLEDGES, AND AGREES THAT NEITHER SELLER NOR ANY PERSON ACTING AS SELLER'S REPRESENTATIVE IS MAKING ANY WARRANTIES OR REPRESENTATIONS, EITHER EXPRESS OR IMPLIED, AS TO THE CONDITION OF THE PROPERTY. THE PROPERTY IS BEING CONVEYED TO PURCHASERS IN ITS “AS IS, WHERE IS” CONDITION. IT IS THE RIGHT AND RESPONSIBILITY OF THE PURCHASER TO INSPECT THE PROPERTY AND PURCHASER MUST SATISFY HIMSELF/HERSELF AS TO THE CONDITION OF THE PROPERTY. g) Mold, mildew spores and/or other microscopic organisms and/or allergens (collectively referred to in this Agreement as “Mold”) are environmental conditions that are common in residential properties and may affect the Property. Mold, in some forms, has been reported to be toxic and to cause serious physical injuries, including but not limited to, allergic and/or respiratory reactions or other problems, particularly in persons with immune system problems, young children and/or elderly persons. Mold has also been reported to cause extensive damage to personal and real property. Mold may have been removed or covered in the course of any cleaning or repairing of the Property. h) The Purchaser acknowledges that, if Seller, or any of Seller’s employees, contractors, or agents cleaned or repaired the Property or remediated Mold contamination, that Seller does not in any way warrant the cleaning, repairs or remediation. Purchaser accepts full responsibility for all hazards that may result from the presence of Mold in or around the Property. The Purchaser is satisfied with the condition of the Property notwithstanding the past or present existence of Mold in or around the Property and Purchaser has not in any way, relied upon any representations of Seller, Seller’s employees, officers, directors, contractors, or agents concerning the past or present existence of Mold in or around the property.. SAMPLE

Corporate Disclosures. a) Seller acquired the Property either as a result of a foreclosure actionproceedings, result of like or similar actiontrustee sale, i.e. deed in lieu of foreclosure, short sale or as part the purchase of a purchase from a prior servicer REO of the former mortgage/lender and that the total Purchaser(s) Initials: Date: Seller(s) Initials: Date: Purchaser(s) Initials: Date: Seller(s) Initials: Date: purchase price set forth in the contract Contract may reflect deferred maintenance. Accordingly, ▇▇▇▇▇▇ has Seller is not conducted their own inspections or has any personal knowledge of familiar with the condition of the property Property.. Seller may not have knowledge of any material facts or defects impacting the property, or other than as factors that Buyer may be disclosed in the Inspection Report (as hereinafter defined), if any, that has been prepared for the Propertyconsider important. Purchaser Buyer(s) acknowledges that there has been no representation(s) by Seller, or any other person acting as Seller's ’s representative and/or Purchaser's Buyer(s)’ representative regarding the condition of the Property, any of the appliances or structural components that may be contained therein, its fitness for general or specific use, or any other matter affecting the Property. If an inspection report has been obtained by or on behalf of Seller or Seller's representative (the “Inspection Report”), such Inspection Report may be provided to Purchaser for Purchaser's information only and shall not be deemed a part of the Contract of Sale. If the Inspection Report has been provided to Purchaser, no representation or warranty is made as to the accuracy and completeness of such report. b) Neither Seller nor any person acting as Seller's ’s representative has occupied the Property and neither warrants or represents that the Property or any alterations or additions which may have been made to the Property conform to local building codes, zoning requirements or any other applicable laws, rules or regulations. c. Regarding Buyer and contractor inspections: Buyer may have whatever inspections (including but not limited to roof, septic, well, termite, and/or survey) Purchaser acknowledges that Purchaser has the opportunity they wish to inspecthave at Buyer’s expense, examine and make a complete review but Seller will not pay for repairs of any kind, due to inspection(s).If Buyer does not inform Seller of disapproval in writing of any of the Property inspection including but not limited to seismic, contractor roof, soil, etc., within 7 days from acceptance of this addendum, all inspection contingencies will automatically be considered approved and removed from the contract. If Buyer waives these inspections, they do so contrary to the advice of Seller and Brokers. Silence shall be deemed acceptance. Buyer shall have a final walk-thru not less than three days prior to the close of escrow of the Contractclosing, but NOT AS A CONDITION OF CLOSING – NO NEW NEGOTIATIONS. Purchaser Buyer(s) will rely solely on Purchaser’s Buyer(s)’ inspection and review to evaluate the condition of the Property. d) Purchaser hereby acknowledges that . If the Buyer informs the Seller shall not be providing Purchaser with a Real Estate Transfer Disclosure Statement and/or a Certificate in writing of Occupancy with respect disapproval following inspection, the Seller reserves the right to obtain its own independent inspection or reports and will rely solely on its independent inspection or reports in evaluating and approving any repairs. Seller has sole discretion in the Property. Purchaser hereby waives any requirement that Seller furnish Purchaser with any such disclosure statement and/or a Certificate selection and approval of Occupancy and hereby releases Seller from any and all liability resulting from repairs, as well as the non-delivery contractor to perform said work. VA/FHA required repairs shall be reviewed and approved by Seller before any work commences. Seller shall be limited to three hundred dollars for FHA/VA work requirements. Compliance with any minimum mandatory government retrofit standards, including but not limited to energy and utility efficiency requirements and proof of compliance, shall be paid for by Buyer. Seller does not agree to provide (i) receipts for repairs performed by others, (ii) prepare written statement indicating the repairs performed by Seller and the date of such disclosure statement repairs, and /or a Certificate (iii) provide copies of Occupancy. ereceipts and statements to Buyer prior to final verification. Buyer(s) Purchaser acknowledges that it is Purchaser's Buyer(s)’ sole responsibility to obtain inspection reports by qualified professionals on the appliances, structural components, and alterations or additions to the Property and to determine the presence of any toxic or hazardous substances on the Property, including, but not limited to, mold, radon, asbestos and lead paint, that would make it uninhabitable or dangerous to the health of the occupants or otherwise not in compliance with law, or any other factors regarding the condition of the Property about which Purchaser Buyer(s) may be concerned. f) PURCHASER UNDERSTANDS, ACKNOWLEDGES, AND AGREES THAT NEITHER SELLER NOR ANY PERSON ACTING AS SELLER'S REPRESENTATIVE IS MAKING ANY WARRANTIES OR REPRESENTATIONS, EITHER EXPRESS OR IMPLIED, AS TO THE CONDITION OF THE PROPERTY. THE PROPERTY IS BEING CONVEYED TO PURCHASERS IN ITS “AS IS, WHERE IS” CONDITION. IT IS THE RIGHT AND RESPONSIBILITY OF THE PURCHASER TO INSPECT THE PROPERTY AND PURCHASER MUST SATISFY HIMSELF/HERSELF AS TO THE CONDITION OF THE PROPERTY. g) Mold, Mold mildew spores and/or other microscopic organisms and/or allergens (collectively referred to in this Agreement the addendum as “Moldmold”) are environmental conditions that are common in residential properties and may affect the Propertyproperty. Mold, Mold in some forms, has forms have been reported to be toxic and to cause serious physical injuries, including but not limited to, to allergic and/or and or respiratory reactions or other problems, particularly in persons with immune system problems, young children child and/or elderly persons. Mold has also been reported to cause extensive damage to personal and real property. Mold may have been removed or covered in the course of any cleaning or repairing of the Property. h) The Purchaser Buyer acknowledges that, if Seller, Seller or any Purchaser(s) Initials: Date: Seller(s) Initials: Date: Purchaser(s) Initials: Date: Seller(s) Initials: Date: of Seller’s employees, contractors, contractor or agents cleaned or repaired the Property property or remediated Mold mold contamination, that Seller does not in any way warrant the cleaning, repairs or remediation. Purchaser Buyer accepts full responsibility for all hazards that may result from the presence of Mold mold in or around the Propertyproperty. The Purchaser is satisfied with the condition of the Property notwithstanding Notwithstanding the past or present existence of Mold in or around the Property and Purchaser has not in any way, relied upon any representations representation of Seller, Seller’s employees, officers, directors, contractors, contractors or agents concerning the past or present existence of Mold mold in or around the property. PROPERTY SHALL BE CONVEYED IN “AS-IS” CONDITION AT TIME OF CLOSING. In the event electrical, plumbing, water and/or heating services are shut down for property preservation or other purposes, Seller will NOT reactivate these systems prior to closing. Buyer(s) understands, acknowledges, and agrees that neither seller nor any person acting as seller’s representative is making any warranties or representations, either expressed or implied, as to the condition of the property. The property is being conveyed to Buyer(s) in it’s “as is, where is” condition and “with all faults.” It is the right and responsibility of the Buyer(s) to inspect the property and Buyer(s) must satisfy himself/herself as to the condition of the property. SELLER WILL NOT PERMIT ANY REPAIRS PRIOR TO CLOSING. Seller, Seller’s agents and Buyer(s)’ agents and Buyer(s) shall execute a LEAD BASE PAINT Disclosure Addendum to Contract of Sale form to be provided by Seller’s representative. Buyer(s) shall also execute at closing a Waiver and Release Regarding Property Condition. The subject asset may have been built prior to 1978. The “Disclosure of Information on Lead Based Paint and Lead Based Paint Hazards” must be included as part of this contract. By signing this addendum the Buyer(s) acknowledge that he/she have received a copy of the EPA manual “Protect Your Family from Lead in Your Home.” If Buyer fails to inspect the Property, such failure shall not under any circumstances alter, change or impair the understanding and agreement made between the Seller and Buyer as set forth herein. Buyer(s) hereby acknowledges that, except where mandated under applicable law, Seller shall not be providing Buyer(s) with a Real Estate Transfer Disclosure Statement, Seller Property Questionnaire and/or a Certificate of Occupancy with respect to the Property. Buyer(s) hereby waives any requirement that Seller furnish Buyer(s) with any such disclosure statement and/or a Certificate of Occupancy and hereby releases Seller from any and all liability resulting from the non-delivery of such disclosure statement and/or a Certificate of Occupancy. In the event the Property is occupied, Seller, nor its representatives, agents or assigns, makes any warranties or representations, implied or expressed, relating to the existence of any written leases, remaining term, amount of monthly rent and if the occupant(s) are current in payment, other than those described in this Addendum. The Seller does not and will not hold any deposits other than those described in this Addendum and will not transfer any deposits. After closing the Buyer shall be solely responsible for the return of any such deposits not held by Seller if any upon the demand of any occupant(s). The Seller, its representatives, agents or assigns, shall not be responsible for evicting or relocating any tenant, occupant or personal property at the Property prior to or subsequent to closing. Seller shall not be responsible for any eviction expenses incurred by Buyer before or after closing.