Common use of Inspection Release Clause in Contracts

Inspection Release. Buyer releases and holds harmless all Brokers and their companies from any and all 230 liability, including attorney's fees and costs, arising out of or related to any inspection, inspection result, repair, 231 disclosed defect or deficiency affecting the Property, including but not limited to lead-based paint, radon, mold and 232 other biological contaminants. This release shall survive the closing. 233 234 O. LIMITED HOME WARRANTY PROGRAM: 235 Buyer acknowledges the availability of a LIMITED HOME WARRANTY PROGRAM with a deductible paid by Xxxxx 236 which will will not be provided at a cost not to exceed $ U.S. Dollars charged to Buyer 237 Seller and ordered by Buyer Seller. Buyer and Seller acknowledge this LIMITED HOME WARRANTY 238 PROGRAM may not cover any pre-existing defects in the Property nor replace the need for an independent home 239 inspection. Broker may receive a fee from the home warranty provider and/or a member benefit. The Limited Home 240 Warranty Program is a contract between Buyer/Seller and the Home Warranty Provider. The Parties agree that Brokers 241 and their companies shall be released and held harmless in the event of claims disputes with the Home Warranty 242 Provider. Produced with zipForm® by zipLogix 00000 Xxxxxxx Xxxx Xxxx, Xxxxxx, Xxxxxxxx 00000 xxx.xxxXxxxx.xxx 243 P. DISCLOSURES: (Check one) 244 1. Xxxxx has has not not applicable received and executed SELLER'S RESIDENTIAL REAL ESTATE 245 SALES DISCLOSURE.

Appears in 2 contracts

Samples: Purchase Agreement, Purchase Agreement

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Inspection Release. Buyer releases and holds harmless all Brokers and their companies from any and all 230 liability, 225 including attorney's fees and costs, arising out of or related to any inspection, inspection result, repair, 231 disclosed 226 defect or deficiency affecting the Property, including but not limited to lead-based paint, radon, mold and 232 other 227 biological contaminants. This release shall survive the closing. 233 234 O. 228 229 3. PROPERTY IS SOLD "AS IS". See Attached Addendum. 230 231 N. LIMITED HOME WARRANTY PROGRAM: 235 232 Buyer acknowledges the availability of a LIMITED HOME WARRANTY PROGRAM with a deductible paid by Xxxxx 236 233 which will will not be provided at a cost not to exceed $ U.S. Dollars charged to Buyer 237 234 Seller and ordered by Buyer Seller. Buyer and Seller acknowledge this LIMITED HOME WARRANTY 238 235 PROGRAM may not cover any pre-existing defects in the Property nor replace the need for an independent home 239 236 inspection. Broker may receive a fee from the home warranty provider and/or a member benefit. The Limited Home 240 237 Warranty Program is a contract between Buyer/Seller and the Home Warranty Provider. The Parties agree that Brokers 241 238 and their companies shall be released and held harmless in the event of claims disputes with the Home Warranty 242 239 Provider. Produced with zipForm® by zipLogix 00000 Xxxxxxx Xxxx Xxxx, Xxxxxx, Xxxxxxxx 00000 xxx.xxxXxxxx.xxx 243 P. 240 O. DISCLOSURES: (Check one) 244 241 1. Xxxxx has has not not applicable received and executed SELLER'S RESIDENTIAL REAL ESTATE 245 242 SALES DISCLOSURE.

Appears in 2 contracts

Samples: Purchase Agreement, Purchase Agreement

Inspection Release. Buyer releases and holds harmless all Brokers and their companies from any and all 230 liability, 225 including attorney's fees and costs, arising out of or related to any inspection, inspection result, repair, 231 disclosed 226 defect or deficiency affecting the Property, including but not limited to lead-based paint, radon, mold and 232 other 227 biological contaminants. This release shall survive the closing. 233 234 O. 228 229 3. PROPERTY IS SOLD "AS IS". See Attached Addendum. 230 231 N. LIMITED HOME WARRANTY PROGRAM: 235 232 Buyer acknowledges the availability of a LIMITED HOME WARRANTY PROGRAM with a deductible paid by Xxxxx 236 Buyer 233 which will will not be provided at a cost not to exceed $ 500.00 U.S. Dollars charged to Buyer 237 Seller and ordered by Buyer Seller. Buyer and Seller acknowledge this LIMITED HOME WARRANTY 238 234 235 PROGRAM may not cover any pre-existing defects in the Property nor replace the need for an independent home 239 236 inspection. Broker may receive a fee from the home warranty provider and/or a member benefit. The Limited Home 240 237 Warranty Program is a contract between Buyer/Seller and the Home Warranty Provider. The Parties agree that Brokers 241 238 and their companies shall be released and held harmless in the event of claims disputes with the Home Warranty 242 239 Provider. Produced with zipForm® by zipLogix 00000 Xxxxxxx Xxxx Xxxx, Xxxxxx, Xxxxxxxx 00000 xxx.xxxXxxxx.xxx 243 P. 610 Parkway 240 O. DISCLOSURES: (Check one) 244 241 1. Xxxxx Buyer has has not not applicable received and executed SELLER'S RESIDENTIAL REAL ESTATE 245 242 SALES DISCLOSURE.

Appears in 1 contract

Samples: Purchase Agreement

Inspection Release. Buyer releases and holds harmless all Brokers and their companies from any and all 230 liability, including attorney's fees and costs, arising out of or related to any inspection, inspection result, repair, 231 disclosed defect or deficiency affecting the Property, including but not limited to lead-based paint, radon, mold and 232 other biological contaminants. This release shall survive the closing. 233 234 O. LIMITED HOME WARRANTY PROGRAM: 235 Buyer acknowledges the availability of a LIMITED HOME WARRANTY PROGRAM with a deductible paid by Xxxxx Buyer 236 which will will not be provided at a cost not to exceed $ U.S. Dollars charged to Buyer 237 Seller and ordered by Buyer Seller. Buyer and Seller acknowledge this LIMITED HOME WARRANTY 238 PROGRAM may not cover any pre-existing defects in the Property nor replace the need for an independent home 239 inspection. Broker may receive a fee from the home warranty provider and/or a member benefit. The Limited Home 240 Warranty Program is a contract between Buyer/Seller and the Home Warranty Provider. The Parties agree that Brokers and 241 and their companies shall be released and held harmless in the event of claims disputes with the Home Warranty 242 Provider. Produced with zipForm® by zipLogix 00000 Lone Wolf Transactions (zipForm Edition) 000 X Xxxxxxx Xxxx XxxxXx, XxxxxxSuite 2200, Xxxxxxxx 00000 xxx.xxxXxxxx.xxx 243 Dallas, TX 75201 xxx.xxxxx.xxx 2022 contracts 242 P. DISCLOSURES: (Check one) 244 243 1. Xxxxx Buyer has has not not applicable received and executed SELLER'S RESIDENTIAL REAL ESTATE 245 244 SALES DISCLOSURE. 245 2. Buyer has has not not applicable received and executed a LEAD-BASED PAINT CERTIFICATION 246 AND ACKNOWLEDGEMENT. 247 248 Q. TITLE APPROVAL: Prior to closing, Buyer shall be furnished with a title insurance commitment for the 249 most current and comprehensive ALTA Owner's Title Insurance Policy available in the amount of the purchase price or 250 an abstract of title continued to date, showing marketable title to Property in Seller's name. Seller must convey title free 251 and clear of any encumbrances and title defects, with the exception of any mortgage assumed by Buyer and any restrictions 252 or easements of record not materially interfering with Buyer's intended use of the Property. A title company, at Buyer's 253 request, can provide information about availability of various additional title insurance coverages and endorsements and the associated 254 costs. 255 256 OWNER'S TITLE INSURANCE PREMIUM and that portion of Title Service Fees incurred to prepare the Owner's Policy 257 (including title search and examination and commitment preparation), to be paid by Buyer (included in allowance, 258 if provided) Seller Shared equally. 259 260 LENDER'S TITLE INSURANCE PREMIUM and that portion of Title Service Fees incurred to prepare the Lender's Policy 261 (including title search and examination and commitment preparation), if applicable, to be paid by Buyer (included in 262 allowance, if provided) Seller Shared equally Other 263 264 265 The parties agree that Seller Buyer will select a title insurance company to issue a title insurance policy and will 266 order the commitment immediately or other: 267 268 269 Pursuant to Federal and State Law, Seller cannot make Seller's selection of a title insurance provider a condition of this 270 Agreement. 271 272 Seller agrees to pay the cost of obtaining all other documents necessary to perfect title (including the cost of the deed 273 and vendor's affidavit), so that marketable title can be conveyed. 274 275 R. TAXES: (Check appropriate paragraph number) 276 1. Buyer will assume and pay all taxes on the Property beginning with the taxes due and payable on 277 , , and all taxes due thereafter. At or before closing, Seller shall pay all taxes for 278 the Property payable before that date.

Appears in 1 contract

Samples: Purchase Agreement

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Inspection Release. Buyer releases and holds harmless all Brokers and their companies from any and all 230 liability, 225 including attorney's fees and costs, arising out of or related to any inspection, inspection result, repair, 231 disclosed 226 defect or deficiency affecting the Property, including but not limited to lead-based paint, radon, mold and 232 other 227 biological contaminants. This release shall survive the closing. 233 234 O. 228 229 3. PROPERTY IS SOLD "AS IS". See Attached Addendum. 230 231 N. LIMITED HOME WARRANTY PROGRAM: 235 232 Buyer acknowledges the availability of a LIMITED HOME WARRANTY PROGRAM with a deductible paid by Xxxxx 236 Buyer 233 which will will not be provided at a cost not to exceed $ U.S. Dollars charged to Buyer 237 234 Seller and ordered by Buyer Seller. Buyer and Seller acknowledge this LIMITED HOME WARRANTY 238 235 PROGRAM may not cover any pre-existing defects in the Property nor replace the need for an independent home 239 236 inspection. Broker may receive a fee from the home warranty provider and/or a member benefit. The Limited Home 240 237 Warranty Program is a contract between Buyer/Seller and the Home Warranty Provider. The Parties agree that Brokers 241 238 and their companies shall be released and held harmless in the event of claims disputes with the Home Warranty 242 239 Provider. Produced with zipForm® by zipLogix 00000 Xxxxxxx Xxxx Xxxx, Xxxxxx, Xxxxxxxx 00000 xxx.xxxXxxxx.xxx 243 P. 240 O. DISCLOSURES: (Check one) 244 241 1. Xxxxx Buyer has has not not applicable received and executed SELLER'S RESIDENTIAL REAL ESTATE 245 242 SALES DISCLOSURE.

Appears in 1 contract

Samples: Purchase Agreement

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