Common use of Floor Area Clause in Contracts

Floor Area. The Purchaser acknowledges and agrees that the floor area or square footage of the House is determined by the Vendor’s surveyor or architect and that from and after February 1, 2021 is calculated in accordance with the NHCLA and regulations, bulletins, guidelines and other informational material prepared by the HCRA. It is acknowledged and agreed by the Purchaser that the dimensions, floor area or square footage of the House, as represented to the Purchaser in any sales brochure, sketch, floor plan, or other marketing or advertising material is approximate, is not the same and may differ from the actual size and defined boundaries of the House, and the Purchaser consents to same. The Purchaser is further advised that the actual usable and liveable floor space may vary from any stated floor area. Accordingly, the Purchaser hereby confirms and agrees that all details and dimensions of the House are approximate only and that the Purchase Price shall not be subject to any adjustment or claim or compensation whatsoever, whether based upon the ultimate square footage of the House or the actual usable or liveable space within the confines of the House or the net floor area of the House, or otherwise, regardless of the extent of any variance or discrepancy in or with respect to the area of the House or dimensions thereof. Notwithstanding any stated ceiling height (whether in any schedule to this Agreement or in any brochure, sketch, floor plan or other advertising material), where ceiling bulk heads are installed within the House and/or where drop ceilings are required, then the ceiling height of the House will necessarily be less than that stated in any brochure, sketch, floor plan or other advertising material and the Purchaser shall be obliged to accept the same without any claim for compensation or abatement to the Purchase Price.

Floor Area. SAMPLE AGREEMENT The Purchaser acknowledges and agrees that the floor area or square footage of the House Dwelling is determined by the Vendor’s surveyor or architect and that from and after February 1, 2021 is calculated in accordance with the NHCLA ONHWPA and regulations, bulletins, guidelines regulations and other informational material prepared by the HCRAbulletins (specifically Tarion Bulletin 22) thereunder. It is acknowledged and agreed by the Purchaser that the dimensions, floor area or square footage of the HouseDwelling, as represented to the Purchaser in any sales brochure, sketch, floor plan, or other marketing or advertising material is approximate, is not the same and may differ from the actual size and defined boundaries of the HouseDwelling, and the Purchaser consents to same. The Purchaser is further advised that the actual usable and liveable floor space may vary from any stated floor area. Accordingly, the Purchaser hereby confirms and agrees that all details and dimensions of the House Dwelling are approximate only and that the Purchase Price shall not be subject to any adjustment or claim or compensation whatsoever, whether based upon the ultimate square footage of the House Dwelling or the actual usable or liveable space within the confines of the House Dwelling or the net floor area of the HouseDwelling, or otherwise, regardless of the extent of any variance or discrepancy in or with respect to the area of the House Dwelling or dimensions thereof. Notwithstanding any stated ceiling height (whether in any schedule to this Agreement or in any brochure, sketch, floor plan or other advertising material), where ceiling bulk heads are installed within the House Dwelling and/or where drop ceilings are required, then the ceiling height of the House Dwelling will necessarily be less than that stated in any brochure, sketch, floor plan or other advertising material and the Purchaser shall be obliged to accept the same without any claim for compensation or abatement to the Purchase Price.

Floor Area. SAMPLE The Purchaser acknowledges and agrees that the floor area or square footage of the House Dwelling is determined by the Vendor’s surveyor or architect and that from and after February 1, 2021 is calculated in accordance with the NHCLA ONHWPA and regulations, bulletins, guidelines regulations and other informational material prepared by the HCRAbulletins (specifically Tarion Bulletin 22) thereunder. It is acknowledged and agreed by the Purchaser that the dimensions, floor area or square footage of the HouseDwelling, as represented to the Purchaser in any sales brochure, sketch, floor plan, or other marketing or advertising material is approximate, is not the same and may differ from the actual size and defined boundaries of the HouseDwelling, and the Purchaser consents to same. The Purchaser is further advised that the actual usable and liveable floor space may vary from any stated floor area. Accordingly, the Purchaser hereby confirms and agrees that all details and dimensions of the House Dwelling are approximate only and that the Purchase Price shall not be subject to any adjustment or claim or compensation whatsoever, whether based upon the ultimate square footage of the House Dwelling or the actual usable or liveable space within the confines of the House Dwelling or the net floor area of the HouseDwelling, or otherwise, regardless of the extent of any variance or discrepancy in or with respect to the area of the House Dwelling or dimensions thereof. Notwithstanding any stated ceiling height (whether in any schedule to this Agreement or in any brochure, sketch, floor plan or other advertising material), where ceiling bulk heads are installed within the House Dwelling and/or where drop ceilings are required, then the ceiling height of the House Dwelling will necessarily be less than that stated in any brochure, sketch, floor plan or other advertising material and the Purchaser shall be obliged to accept the same without any claim for compensation or abatement to the Purchase Price.