Common use of Homeowner’s Insurance Clause in Contracts

Homeowner’s Insurance. Completion of this transaction shall be contingent upon the Buyer's ability to obtain 156 a favorable written commitment for homeowner's insurance within N/A days after acceptance of this Agreement. 157 158 L. ENVIRONMENTAL CONTAMINANTS ADVISORY/RELEASE: Buyer and Seller acknowledge that Listing Broker, 159 Selling Broker and all licensees associated with Brokers are NOT experts and have NO special training, 160 knowledge or experience with regard to the evaluation or existence of possible lead-based paint, radon, mold and 161 other biological contaminants ("Environmental Contaminants") which might exist and affect the Property. 162 Environmental Contaminants at harmful levels may cause property damage and serious illness, including but not 163 limited to, allergic and/or respiratory problems, particularly in persons with immune system problems, young 164 children and/or the elderly. 165 166 Buyer is STRONGLY ADVISED to obtain inspections (see below) to fully determine the condition of the Property 167 and its environmental status. The ONLY way to determine if Environmental Contaminants are present at the 168 Property at harmful levels is through inspections. 169 170 Buyer and Seller agree to consult with appropriate experts and accept all risks for Environmental 171 Contaminants and release and hold harmless all Brokers, their companies and licensees from any 172 and all liability, including attorney's fees and costs, arising out of or related to any inspection, inspection 173 result, repair, disclosed defect or deficiency affecting the Property, including Environmental Contaminants. 174 This release shall survive the closing. 175 176 M. INSPECTIONS: (Check appropriate paragraph number) 177 178 Buyer has been made aware that independent inspections disclosing the condition of the property are available 179 and has been afforded the opportunity to require such inspections as a condition of this Agreement. 180

Homeowner’s Insurance. Completion of this transaction shall be contingent upon the Buyer's ability to 154 obtain 156 a favorable written commitment for homeowner's insurance within N/A 14 days after acceptance of this 155 Agreement. Buyer should consult with one or more insurance agents regarding optional, or additional, coverage. 156 157 158 L. M. ENVIRONMENTAL CONTAMINANTS ADVISORY/RELEASE: Buyer and Seller acknowledge that Listing Broker, 159 158 Selling Broker and all licensees associated with Brokers are NOT experts and have NO special training, 160 knowledge or 159 experience with regard to the evaluation or existence of possible lead-based paint, radon, mold and 161 other biological 160 contaminants ("Environmental Contaminants") which might exist and affect the Property. 162 Environmental Contaminants 161 at harmful levels may cause property damage and serious illness, including but not 163 limited to, allergic and/or respiratory 162 problems, particularly in persons with immune system problems, young 164 children and/or the elderly. 165 166 163 164 Buyer is STRONGLY ADVISED to obtain inspections (see below) to fully determine the condition of the Property 167 and its 165 environmental status. The ONLY way to determine if Environmental Contaminants are present at the 168 Property at 166 harmful levels is through inspections. 169 170 167 168 Buyer and Seller agree to consult with appropriate experts and accept all risks for Environmental 171 169 Contaminants and release and hold harmless all Brokers, their companies and licensees from any 172 and all 170 liability, including attorney's fees and costs, arising out of or related to any inspection, inspection 173 result, 171 repair, disclosed defect or deficiency affecting the Property, including Environmental Contaminants. 174 This 172 release shall survive the closing. 175 176 M. 173 174 N. INSPECTIONS: (Check appropriate paragraph numberone) 177 178 175 176 Buyer has been made aware that independent inspections disclosing the condition of the property are available 179 may be 177 conducted and has been afforded the opportunity to require such inspections as a condition of this Agreement. 180(Property Address) COPYRIGHT IAR 2020 Produced with zipForm® by zipLogix 00000 Xxxxxxx Xxxx Xxxx, Xxxxxx, Xxxxxxxx 00000 xxx.xxxXxxxx.xxx Online Auction

Homeowner’s Insurance. Completion of this transaction shall be contingent upon the Buyer's ability to 153 obtain 156 a favorable written commitment for homeowner's insurance within N/A days after acceptance of this 154 Agreement. 157 158 L. Buyer should consult with one or more insurance agents regarding optional, or additional, coverage. 155 156 M. ENVIRONMENTAL CONTAMINANTS ADVISORY/RELEASE: Buyer and Seller acknowledge that Listing Broker, 159 157 Selling Broker and all licensees associated with Brokers are NOT experts and have NO special training, 160 knowledge or 158 experience with regard to the evaluation or existence of possible lead-based paint, radon, mold and 161 other biological 159 contaminants ("Environmental Contaminants") which might exist and affect the Property. 162 Environmental Contaminants 160 at harmful levels may cause property damage and serious illness, including but not 163 limited to, allergic and/or respiratory 161 problems, particularly in persons with immune system problems, young 164 children and/or the elderly. 165 166 162 163 Buyer is STRONGLY ADVISED to obtain inspections (see below) to fully determine the condition of the Property 167 and its 164 environmental status. The ONLY way to determine if Environmental Contaminants are present at the 168 Property at 165 harmful levels is through inspections. 169 170 166 167 Buyer and Seller agree to consult with appropriate experts and accept all risks for Environmental 171 168 Contaminants and release and hold harmless all Brokers, their companies and licensees from any 172 and all 169 liability, including attorney's fees and costs, arising out of or related to any inspection, inspection 173 result, 170 repair, disclosed defect or deficiency affecting the Property, including Environmental Contaminants. 174 This 171 release shall survive the closing. 175 176 M. 172 173 N. INSPECTIONS: (Check appropriate paragraph numberone) 177 178 174 175 Buyer has been made aware that independent inspections disclosing the condition of the property are available 179 may be 176 conducted and has been afforded the opportunity to require such inspections as a condition of this Agreement. 180(Property Address) COPYRIGHT IAR 2022 Produced with Lone Wolf Transactions (zipForm Edition) 000 X Xxxxxxx Xx, Suite 2200, Dallas, TX 75201 xxx.xxxxx.xxx 2022 contracts 192 193 3. 194 BUYER WAIVES THE RIGHT TO HAVE INDEPENDENT INSPECTIONS 177 1. 178 179 180 181 182 183 184 2. 185 186 187 188 189 190 191 Buyer WAIVES inspections and relies upon the condition of the Property based upon Xxxxx's own examination and releases the Seller, the Listing and Selling Brokers and all licensees associated with Brokers from any and all liability relating to any defect or deficiency affecting the Property, which release shall survive the closing. Required FHA/VA or lender inspections are not included in this waiver. BUYER RESERVES THE RIGHT TO HAVE INDEPENDENT INSPECTIONS (including Lead-Based Paint) Buyer reserves the right to have independent inspections in addition to any inspection required by FHA, VA, or Xxxxx's lender(s). All inspections shall be:

Homeowner’s Insurance. Completion of this transaction shall be contingent upon the Buyer's ability to 153 obtain 156 a favorable written commitment for homeowner's insurance within N/A days after acceptance of this 154 Agreement. 157 158 L. Buyer should consult with one or more insurance agents regarding optional, or additional, coverage. 155 156 M. ENVIRONMENTAL CONTAMINANTS ADVISORY/RELEASE: Buyer and Seller acknowledge that Listing Broker, 159 157 Selling Broker and all licensees associated with Brokers are NOT experts and have NO special training, 160 knowledge or 158 experience with regard to the evaluation or existence of possible lead-based paint, radon, mold and 161 other biological 159 contaminants ("Environmental Contaminants") which might exist and affect the Property. 162 Environmental Contaminants 160 at harmful levels may cause property damage and serious illness, including but not 163 limited to, allergic and/or respiratory 161 problems, particularly in persons with immune system problems, young 164 children and/or the elderly. 165 166 162 163 Buyer is STRONGLY ADVISED to obtain inspections (see below) to fully determine the condition of the Property 167 and its 164 environmental status. The ONLY way to determine if Environmental Contaminants are present at the 168 Property at 165 harmful levels is through inspections. 169 170 166 167 Buyer and Seller agree to consult with appropriate experts and accept all risks for Environmental 171 168 Contaminants and release and hold harmless all Brokers, their companies and licensees from any 172 and all 169 liability, including attorney's fees and costs, arising out of or related to any inspection, inspection 173 result, 170 repair, disclosed defect or deficiency affecting the Property, including Environmental Contaminants. 174 This 171 release shall survive the closing. 175 176 M. 172 173 N. INSPECTIONS: (Check appropriate paragraph numberone) 177 178 174 175 Buyer has been made aware that independent inspections disclosing the condition of the property are available 179 may be 176 conducted and has been afforded the opportunity to require such inspections as a condition of this Agreement. 180(Property Address) COPYRIGHT IAR 2022 Produced with Lone Wolf Transactions (zipForm Edition) 000 X Xxxxxxx Xx, Suite 2200, Dallas, TX 75201 xxx.xxxxx.xxx 2022 contracts 192 193 3. 194 BUYER WAIVES THE RIGHT TO HAVE INDEPENDENT INSPECTIONS 177 1. 178 179 180 181 182 183 184 2. 185 186 187 188 189 190 191 Buyer WAIVES inspections and relies upon the condition of the Property based upon Buyer's own examination and releases the Seller, the Listing and Selling Brokers and all licensees associated with Brokers from any and all liability relating to any defect or deficiency affecting the Property, which release shall survive the closing. Required FHA/VA or lender inspections are not included in this waiver. BUYER RESERVES THE RIGHT TO HAVE INDEPENDENT INSPECTIONS (including Lead-Based Paint) Buyer reserves the right to have independent inspections in addition to any inspection required by FHA, VA, or Buyer's lender(s). All inspections shall be:

Homeowner’s Insurance. Completion of this transaction shall be contingent upon the Buyer's ability to 152 obtain 156 a favorable written commitment for homeowner's insurance within N/A 15 days after acceptance of this 153 Agreement. 157 158 Buyer should consult with one or more insurance agents regarding optional, or additional, coverage. 154 155 L. ENVIRONMENTAL CONTAMINANTS ADVISORY/RELEASE: Buyer and Seller acknowledge that Listing Broker, 159 156 Selling Broker and all licensees associated with Brokers are NOT experts and have NO special training, 160 knowledge or 157 experience with regard to the evaluation or existence of possible lead-based paint, radon, mold and 161 other biological 158 contaminants ("Environmental Contaminants") which might exist and affect the Property. 162 Environmental Contaminants 159 at harmful levels may cause property damage and serious illness, including but not 163 limited to, allergic and/or respiratory 160 problems, particularly in persons with immune system problems, young 164 children and/or the elderly. 165 166 161 162 Buyer is STRONGLY ADVISED to obtain inspections (see below) to fully determine the condition of the Property 167 and its 163 environmental status. The ONLY way to determine if Environmental Contaminants are present at the 168 Property at 164 harmful levels is through inspections. 169 170 165 166 Buyer and Seller agree to consult with appropriate experts and accept all risks for Environmental 171 167 Contaminants and release and hold harmless all Brokers, their companies and licensees from any 172 and all 168 liability, including attorney's fees and costs, arising out of or related to any inspection, inspection 173 result, 169 repair, disclosed defect or deficiency affecting the Property, including Environmental Contaminants. 174 This 170 release shall survive the closing. 175 176 171 172 M. INSPECTIONS: (Check appropriate paragraph numberone) 177 178 173 174 Buyer has been made aware that independent inspections disclosing the condition of the property are available 179 may be conducted 175 and has been afforded the opportunity to require such inspections as a condition of this Agreement. 180000 Xxxxxxx Xxxxxx, Xxxxxxxxxxxx, Xxxxxxx 00000 (Property Address) COPYRIGHT IAR 2019 176 1. 177 178 179 180 181 182 2. 183 184 185 186 187 188 189 190

Homeowner’s Insurance. Completion of this transaction shall be contingent upon the Buyer's ability to 152 obtain 156 a favorable written commitment for homeowner's insurance within N/A days after acceptance of this 153 Agreement. 157 158 Buyer should consult with one or more insurance agents regarding optional, or additional, coverage. 154 155 L. ENVIRONMENTAL CONTAMINANTS ADVISORY/RELEASE: Buyer and Seller acknowledge that Listing Broker, 159 156 Selling Broker and all licensees associated with Brokers are NOT experts and have NO special training, 160 knowledge or 157 experience with regard to the evaluation or existence of possible lead-based paint, radon, mold and 161 other biological 158 contaminants ("Environmental Contaminants") which might exist and affect the Property. 162 Environmental Contaminants 159 at harmful levels may cause property damage and serious illness, including but not 163 limited to, allergic and/or respiratory 160 problems, particularly in persons with immune system problems, young 164 children and/or the elderly. 165 166 161 162 Buyer is STRONGLY ADVISED to obtain inspections (see below) to fully determine the condition of the Property 167 and its 163 environmental status. The ONLY way to determine if Environmental Contaminants are present at the 168 Property at 164 harmful levels is through inspections. 169 170 165 166 Buyer and Seller agree to consult with appropriate experts and accept all risks for Environmental 171 167 Contaminants and release and hold harmless all Brokers, their companies and licensees from any 172 and all 168 liability, including attorney's fees and costs, arising out of or related to any inspection, inspection 173 result, 169 repair, disclosed defect or deficiency affecting the Property, including Environmental Contaminants. 174 This 170 release shall survive the closing. 175 176 171 172 M. INSPECTIONS: (Check appropriate paragraph numberone) 177 178 173 174 Buyer has been made aware that independent inspections disclosing the condition of the property are available 179 may be conducted 175 and has been afforded the opportunity to require such inspections as a condition of this Agreement. 180(Property Address) COPYRIGHT IAR 2019 Produced with zipForm® by zipLogix 00000 Xxxxxxx Xxxx Xxxx, Xxxxxx, Xxxxxxxx 00000 xxx.xxxXxxxx.xxx 176 1. 177 178 179 180 181 182 2. 183 184 185 186 187 188 189 190

Homeowner’s Insurance. Completion of this transaction shall be contingent upon the Buyer's ability to 152 obtain 156 a favorable written commitment for homeowner's insurance within N/A 14 days after acceptance of this 153 Agreement. 157 158 Buyer should consult with one or more insurance agents regarding optional, or additional, coverage. 154 155 L. ENVIRONMENTAL CONTAMINANTS ADVISORY/RELEASE: Buyer and Seller acknowledge that Listing Broker, 159 156 Selling Broker and all licensees associated with Brokers are NOT experts and have NO special training, 160 knowledge or 157 experience with regard to the evaluation or existence of possible lead-based paint, radon, mold and 161 other biological 158 contaminants ("Environmental Contaminants") which might exist and affect the Property. 162 Environmental Contaminants 159 at harmful levels may cause property damage and serious illness, including but not 163 limited to, allergic and/or respiratory 160 problems, particularly in persons with immune system problems, young 164 children and/or the elderly. 165 166 161 162 Buyer is STRONGLY ADVISED to obtain inspections (see below) to fully determine the condition of the Property 167 and its 163 environmental status. The ONLY way to determine if Environmental Contaminants are present at the 168 Property at 164 harmful levels is through inspections. 169 170 165 166 Buyer and Seller agree to consult with appropriate experts and accept all risks for Environmental 171 167 Contaminants and release and hold harmless all Brokers, their companies and licensees from any 172 and all 168 liability, including attorney's fees and costs, arising out of or related to any inspection, inspection 173 result, 169 repair, disclosed defect or deficiency affecting the Property, including Environmental Contaminants. 174 This 170 release shall survive the closing. 175 176 171 172 M. INSPECTIONS: (Check appropriate paragraph numberone) 177 178 173 174 Buyer has been made aware that independent inspections disclosing the condition of the property are available 179 may be conducted 175 and has been afforded the opportunity to require such inspections as a condition of this Agreement. 180.

Homeowner’s Insurance. Completion of this transaction shall be contingent upon the Buyer's ability to 152 obtain 156 a favorable written commitment for homeowner's insurance within N/A 14 days after acceptance of this 153 Agreement. 157 158 Buyer should consult with one or more insurance agents regarding optional, or additional, coverage. 154 155 L. ENVIRONMENTAL CONTAMINANTS ADVISORY/RELEASE: Buyer and Seller acknowledge that Listing Broker, 159 156 Selling Broker and all licensees associated with Brokers are NOT experts and have NO special training, 160 knowledge or 157 experience with regard to the evaluation or existence of possible lead-based paint, radon, mold and 161 other biological 158 contaminants ("Environmental Contaminants") which might exist and affect the Property. 162 Environmental Contaminants 159 at harmful levels may cause property damage and serious illness, including but not 163 limited to, allergic and/or respiratory 160 problems, particularly in persons with immune system problems, young 164 children and/or the elderly. 165 166 161 162 Buyer is STRONGLY ADVISED to obtain inspections (see below) to fully determine the condition of the Property 167 and its 163 environmental status. The ONLY way to determine if Environmental Contaminants are present at the 168 Property at 164 harmful levels is through inspections. 169 170 165 166 Buyer and Seller agree to consult with appropriate experts and accept all risks for Environmental 171 167 Contaminants and release and hold harmless all Brokers, their companies and licensees from any 172 and all 168 liability, including attorney's fees and costs, arising out of or related to any inspection, inspection 173 result, 169 repair, disclosed defect or deficiency affecting the Property, including Environmental Contaminants. 174 This 170 release shall survive the closing. 175 176 171 172 M. INSPECTIONS: (Check appropriate paragraph numberone) 177 178 173 174 Buyer has been made aware that independent inspections disclosing the condition of the property are available 179 may be conducted 175 and has been afforded the opportunity to require such inspections as a condition of this Agreement. 1800000 Xxxxxxxx xx, Indianapolis, IN 46229 (Property Address) 176 1. 177 178 179 180 181 182 2. 183 184 185 186 187 188 189 190 BUYER WAIVES THE RIGHT TO HAVE INDEPENDENT INSPECTIONS Buyer WAIVES inspections and relies upon the condition of the Property based upon Xxxxx's own examination and releases the Seller, the Listing and Selling Brokers and all licensees associated with Brokers from any and all liability relating to any defect or deficiency affecting the Property, which release shall survive the closing. Required FHA/VA or lender inspections are not included in this waiver. BUYER RESERVES THE RIGHT TO HAVE INDEPENDENT INSPECTIONS (including Lead-Based Paint) Buyer reserves the right to have independent inspections in addition to any inspection required by FHA, VA, or Xxxxx's lender(s). All inspections shall be:

Homeowner’s Insurance. Completion of this transaction shall be contingent upon the Buyer's ability to 152 obtain 156 a favorable written commitment for homeowner's insurance within N/A 14 days after acceptance of this 153 Agreement. 157 158 Buyer should consult with one or more insurance agents regarding optional, or additional, coverage. 154 155 L. ENVIRONMENTAL CONTAMINANTS ADVISORY/RELEASE: Buyer and Seller acknowledge that Listing Broker, 159 156 Selling Broker and all licensees associated with Brokers are NOT experts and have NO special training, 160 knowledge or 157 experience with regard to the evaluation or existence of possible lead-based paint, radon, mold and 161 other biological 158 contaminants ("Environmental Contaminants") which might exist and affect the Property. 162 Environmental Contaminants 159 at harmful levels may cause property damage and serious illness, including but not 163 limited to, allergic and/or respiratory 160 problems, particularly in persons with immune system problems, young 164 children and/or the elderly. 165 166 161 162 Buyer is STRONGLY ADVISED to obtain inspections (see below) to fully determine the condition of the Property 167 and its 163 environmental status. The ONLY way to determine if Environmental Contaminants are present at the 168 Property at 164 harmful levels is through inspections. 169 170 165 166 Buyer and Seller agree to consult with appropriate experts and accept all risks for Environmental 171 167 Contaminants and release and hold harmless all Brokers, their companies and licensees from any 172 and all 168 liability, including attorney's fees and costs, arising out of or related to any inspection, inspection 173 result, 169 repair, disclosed defect or deficiency affecting the Property, including Environmental Contaminants. 174 This 170 release shall survive the closing. 175 176 171 172 M. INSPECTIONS: (Check appropriate paragraph numberone) 177 178 173 174 Buyer has been made aware that independent inspections disclosing the condition of the property are available 179 may be conducted 175 and has been afforded the opportunity to require such inspections as a condition of this Agreement. 180(Property Address) COPYRIGHT IAR 2019 176 1. 177 178 179 180 181 182 2. 183 184 185 186 187 188 189 190 BUYER WAIVES THE RIGHT TO HAVE INDEPENDENT INSPECTIONS Buyer WAIVES inspections and relies upon the condition of the Property based upon Xxxxx's own examination and releases the Seller, the Listing and Selling Brokers and all licensees associated with Brokers from any and all liability relating to any defect or deficiency affecting the Property, which release shall survive the closing. Required FHA/VA or lender inspections are not included in this waiver. BUYER RESERVES THE RIGHT TO HAVE INDEPENDENT INSPECTIONS (including Lead-Based Paint) Buyer reserves the right to have independent inspections in addition to any inspection required by FHA, VA, or Xxxxx's lender(s). All inspections shall be: