Common use of Drywall Clause in Contracts

Drywall. Due to the shortage of building materials in the Unites States, some homes were built or renovated using problem dry wall imported from or manufactured in China. Problem drywall reportedly emits levels of sulfur, methane and/or other volatile organic compounds that cause corrosion of circuit breakers, air conditioner and refrigerator coils, copper tubing, electrical wiring, computer wiring and other household items as well as create noxious odors which may also pose health risks. Seller has no knowledge of the presence of Chinese/problem drywall or of any records or reports pertaining to Chinese/problem drywall affecting the Property. Buyer acknowledges that the Buyer is purchasing the Property in its current “AS IS WHERE IS WITH ALL FAULTS” condition and Buyer is being given/has been given the opportunity to conduct a risk assessment or inspection for the presence of Chinese/problem drywall.

Drywall. Due to the shortage of building materials in the Unites States, some homes were built or renovated using problem dry wall imported from or manufactured in China. Problem drywall dr xxxxx reportedly emits levels of sulfur, methane and/or other volatile organic compounds that cause corrosion of circuit breakers, air conditioner and refrigerator coils, copper tubing, electrical wiring, computer wiring and other household items as well as create noxious odors which may ma y also pose health risks. Seller has no knowledge of the presence of Chinese/problem drywall or of any records or reports pertaining to Chinese/problem drywall affecting the Property. Buyer acknowledges that the Buyer is purchasing the Property in its current “AS IS WHERE IS WITH ALL FAULTS” condition and Buyer is being given/has been given the opportunity opportunit y to conduct a risk assessment or inspection for the presence of Chinese/problem drywall.

Drywall. Due to the shortage of building materials in the Unites States, some homes were built or renovated using problem dry wall imported from or manufactured in China. Problem drywall reportedly emits levels of sulfur, methane and/or other volatile organic compounds that cause corrosion of circuit breakers, air conditioner and refrigerator coils, copper tubing, electrical wiring, computer wiring and other household items as well as create noxious odors which may also pose health risks. Seller has no knowledge of the presence of Chinese/problem drywall or of any records or reports pertaining to Chinese/problem drywall affecting the Property. Buyer Xxxxx acknowledges that the Buyer is purchasing the Property in its current “AS IS WHERE IS WITH ALL FAULTS” condition and Buyer is being given/has been given the opportunity to conduct a risk assessment or inspection for the presence of Chinese/problem drywall.