Common use of Environmental and Natural Hazards Disclosure Clause in Contracts

Environmental and Natural Hazards Disclosure. California Health & Safety Code section 25359.7 requires owners of non-residential real property who know, or have reasonable cause to believe, that any release of hazardous substances are located on or beneath the real property to provide written notice of same to the buyer of real property. Other applicable laws require Seller to provide certain disclosures regarding natural hazards affecting the Property. Seller agrees to make all necessary disclosures required by law.

Appears in 1 contract

Samples: Purchase and Sale Agreement and Joint Escrow Instructions

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Environmental and Natural Hazards Disclosure. California Health & Safety Code section 25359.7 requires owners of non-residential real property who know, or have reasonable cause to believe, that any release of hazardous substances are located on or beneath the real property to provide written notice of same to the buyer of real property. Other applicable laws require Seller to provide certain disclosures regarding natural hazards affecting the Property. Seller Xxxxxx agrees to make all necessary disclosures required by lawlaw within fifteen (15) business days after the Opening of Escrow.

Appears in 1 contract

Samples: Purchase and Sale Agreement and Joint Escrow Instructions

Environmental and Natural Hazards Disclosure. California Health & Safety Code section 25359.7 requires owners of non-residential real property who know, or have reasonable cause to believe, that any release of hazardous substances are located on or beneath the real property to provide written notice of same to the buyer of real property. Other applicable laws require Seller to provide certain disclosures regarding natural hazards affecting the Property. Seller agrees to make all necessary disclosures required by lawlaw within five (5) days after the Effective Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement and Joint Escrow Instructions

Environmental and Natural Hazards Disclosure. California Health & and Safety Code section Section 25359.7 requires owners of non-residential real property who know, or have reasonable cause to believe, that any release of hazardous substances are located on or beneath the real property to provide written notice of same to the buyer of real property. Other applicable laws require Seller to provide certain disclosures regarding natural hazards affecting the Property. Seller agrees to make all necessary disclosures required by law. Seller’s disclosures with regard to certain environmental conditions associated with the Property are set forth in Section 5 and Exhibit C herein.

Appears in 1 contract

Samples: Purchase and Sale Agreement and Joint Escrow Instructions

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Environmental and Natural Hazards Disclosure. California Health & Safety Code section 25359.7 requires owners of non-residential real property who know, or have reasonable cause to believe, that any release of hazardous substances are located on or beneath the real property to provide written notice of same to the buyer of real property. Other applicable laws require Seller to provide certain disclosures regarding natural hazards affecting the City Property. Seller agrees to make all necessary disclosures required by lawlaw within fifteen (15) business days after the Opening of Escrow.

Appears in 1 contract

Samples: Purchase and Sale Agreement and Joint Escrow Instructions

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