Common use of Home Warranties Clause in Contracts

Home Warranties. (1-10) At or before settlement, either party may purchase a home warranty for the Property from a third-party vendor. Buyer and Seller under- stand that a home warranty for the Property does not alter any disclosure requirements of Seller, will not cover or warrant any pre- existing defects of the Property, and will not alter, waive or extend any provisions of this Agreement regarding inspections or certifi- cations that Buyer has elected or waived as part of this Agreement. Buyer and Seller understand that a broker who recommends a home warranty may have a business relationship with the home warranty company that provides a financial benefit to the broker.

Home Warranties. (1-10) At or before settlement, either party may purchase a home warranty for the Property from a third-party vendor. Buyer and Seller under- stand that a home warranty for the Property does not alter any disclosure requirements of Seller, will not cover or warrant any pre- existing defects of the Property, and will not alter, waive or extend any provisions of this Agreement regarding inspections or certifi- cations that Buyer has elected or waived as part of this Agreement. Buyer Xxxxx and Seller Xxxxxx understand that a broker who recommends a home warranty may have a business relationship with the home warranty company that provides a financial benefit to the broker.