Common use of DISCLOSURE OF SELLER’S TESTS AND INSPECTIONS Clause in Contracts

DISCLOSURE OF SELLER’S TESTS AND INSPECTIONS. Seller has provided Buyer(s), and Buyer(s) have had the opportunity to review , copies of any inspections performed on the subject property. The inspections listed on the ACKNOWLEDGEMENT have been conducted in, or w ith respect to, the property on behalf of Seller. Buyer(s) acknow ledge receipt of said documentation and acknow ledges that this offer has been made based upon the information disclosed in those tests or inspections. Buyer(s) accept the home in their disclosed condition w ith no further compensation f rom Seller. Furthermore, Buyer acknow ledges that Seller has no obligation to, and makes no w arranties or representations concerning, the accuracy of the inspections, including any disclosed defects. If Buyer(s) choose to inspect the property, then Buyer(s) w ill inspect the property as per paragraphs 8, 9, 10, 11, 12, 13, 14, 15 and 16 of this contract, and agrees to rely on said inspections as to the condition of the property. Buyer(s) may not use Seller’s inspections to make repair requests. Buyer(s) are aw are that the real estate agent, or agents, is not authorized to make any representation as to the condition of the property on behalf of Seller. If Buyer(s) w aive the right to have their ow n inspections completed, they cannot use Seller’s inspections to make requests for repairs. Buyer(s) may use these inspections for informational purposes only. The inspections and disclosures provided represent the opinions of the individuals named and make no agreement to undertake or perform any action recommended in any of the reports. Unless specifically noted under ”Tests/Inspections,“ Seller has no know ledge concerning the presence of radon gas, asbestos, or other toxic or hazardous substances in the property unless otherw ise disclosed. How ever, Buyer(s) shall not interpret Seller's lack of know ledge as a representation that the property is f ree of radon gas, asbestos, or other toxic or hazardous substances or conditions. FAILURE OF BUYER(S) TO ADHERE TO ANY OF THE DATES SET FORTH IN THE CONTINGENCIES ABOVE, SHALL CAUSE A WAIVER OF BUYERS’ RIGHTS AS CONTAINED IN EACH OF THE PARAGRAPHS ABOVE.

Appears in 2 contracts

Samples: Weichert Real Estate Contract of Sale, Weichert Real Estate Contract of Sale

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DISCLOSURE OF SELLER’S TESTS AND INSPECTIONS. Seller has provided Buyer(s)Buyer’s, and Buyer(s) Buyer’s have had the opportunity to review review, copies of any inspections performed on the subject property. The inspections listed on the ACKNOWLEDGEMENT attached INSPECTION RELEASE have been conducted in, or w ith with respect to, the property on behalf of Seller. Buyer(s) acknow ledge Buyer acknowledges receipt of said documentation and acknow ledges acknowledges that this offer has been made based upon the information disclosed in those tests or inspections. Buyer(s) accept Buyer accepts the home in their disclosed condition w ith with no further compensation f rom from Seller. Furthermore, Buyer acknow ledges acknowledges that Seller has no obligation to, and makes no w arranties warranties or representations concerning, the accuracy of the inspections, including any disclosed defects. If Buyer(s) choose Buyer chooses to inspect the property, then Buyer(s) w ill Buyer will inspect the property as per paragraphs 8, 9, 10, 11, 12, 13, 14, 15 and 16 at their expense within 10 (ten) calendar days of the date of this contract, Agreement and agrees to rely on said inspections as to the condition of the property. Buyer(s) Buyer may not use Seller’s inspections to make repair requests. Buyer(s) are aw are Buyer is aware that the real estate agent, or agents, is not authorized to make any representation as to the condition of the property on behalf of Seller. If Buyer(s) w aive Buyer’s waive the right to have their ow n own inspections completed, they cannot use Seller’s inspections to make requests for repairs. Buyer(s) Buyer may use these inspections for informational purposes only. The inspections and disclosures provided represent the opinions of the individuals named and make no agreement to undertake or perform any action recommended in any of the reports. Unless specifically noted under ”Tests“tests/Inspectionsinspections,“ Seller ” seller has no know ledge knowledge concerning the presence of radon gas, asbestos, or other toxic or hazardous substances in the property unless otherw ise otherwise disclosed. How everHowever, Buyer(s) buyer shall not interpret Sellerseller's lack of know ledge knowledge as a representation that the property is f ree free of radon gas, asbestos, or other toxic or hazardous substances or conditions. FAILURE OF BUYER(S) TO ADHERE TO ANY OF THE DATES SET FORTH IN THE CONTINGENCIES ABOVE, SHALL CAUSE A WAIVER OF BUYERS’ RIGHTS AS CONTAINED IN EACH OF THE PARAGRAPHS ABOVE.

Appears in 2 contracts

Samples: Addendum to Purchase Agreement, Addendum to Purchase Agreement

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