Common use of INSPECTIONS, ACCESS AND UTILITIES Clause in Contracts

INSPECTIONS, ACCESS AND UTILITIES. A. The Buyer agrees and acknowledges that Seller, Xxxxxx’s Broker and their licensed associates, are not experts regarding the condition of the Property. No representations, warranties, or guarantees regarding the condition of the Property, or environmental hazards, are expressed or implied except as may be specified by Seller in the Special Provisions Paragraph 16. X. Xxxxx shall have days (ten (10) days if left blank) after the Time Reference Date to complete any investigations, inspections, and reviews by inspectors selected by Buyer and licensed by the state or otherwise permitted by law to make inspections. Seller shall permit Buyer and Xxxxx’s Broker, if applicable, access to the Property at reasonable times. Seller shall pay for turning on existing utilities for inspections. Notice. Buyer should determine the availability of utilities to the Property suitable to satisfy Buyer’s needs. The Broker advises Buyer to obtain Termite, Home, Radon Gas, Mold, Septic, Well and Environmental Inspections. X. Xxxxx, at Xxxxx’s expense, shall have the right to enter upon the Property, together with Xxxxx’s representative(s), independent contractor(s) and/or any other person Buyer deems qualified, to conduct any and all investigations, inspections, tests, studies and reviews. If the property and buildings thereon are secured by locks, the Seller will provide access within 24 hours of a written request. Excepting only the negligence of Seller or a condition caused or permitted by Seller, Buyer shall indemnify, protect, defend and hold Seller harmless from and against any and all claims, demands, losses, liabilities, costs, fees and expenses (including attorney’s and consultant’s fees) arising out of or related to Buyer’s entry onto the Property in connection with any testing or investigation performed pursuant to this Contract. Buyer’s investigations, inspections and reviews may include, but may not be limited to, the following: 1) Flood, Storm Run-off Water, Storm Sewer Back-up or Water History 2) Roof, Structural members, roof decking, coverings and related components 3) Hazard Insurance

Appears in 6 contracts

Samples: Oklahoma Uniform Contract of Sale of Real Estate, Oklahoma Uniform Contract of Sale of Real Estate, Oklahoma Uniform Contract of Sale of Real Estate

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INSPECTIONS, ACCESS AND UTILITIES. A. The Buyer agrees and acknowledges that Seller, Xxxxxx’s Broker and their licensed associates, are not experts regarding the condition of the Property. No representations, warranties, or guarantees regarding the condition of the Property, or environmental hazards, are expressed or implied except as may be specified by Seller in the Special Provisions Paragraph 16. X. Xxxxx shall have days (ten (10) days if left blank) after the Time Reference Date to complete any investigations, inspections, and reviews by inspectors selected by Buyer and licensed by the state or otherwise permitted by law to make inspections. Seller shall permit Buyer and Xxxxx’s Broker, if applicable, access to the Property at reasonable times. Seller shall pay for turning on existing utilities for inspections. Notice. Buyer should determine the availability of utilities to the Property suitable to satisfy Buyer’s needs. The Broker advises Buyer to obtain Termite, Home, Radon Gas, Mold, Septic, Well and Environmental Inspections. X. Xxxxx, at Xxxxx’s expense, shall have the right to enter upon the Property, together with Xxxxx’s representative(s), independent contractor(s) and/or any other person Buyer deems qualified, to conduct any and all investigations, inspections, tests, studies and reviews. If the property and buildings thereon are secured by locks, the Seller will provide access within 24 hours of a written request. Excepting only the negligence of Seller or a condition caused or permitted by Seller, Buyer shall indemnify, protect, defend and hold Seller harmless from and against any and all claims, demands, losses, liabilities, costs, fees and expenses (including attorney’s and consultant’s fees) arising out of or related to Buyer’s entry onto the Property in connection with any testing or investigation performed pursuant to this Contract. Buyer’s investigations, inspections and reviews may include, but may not be limited to, the following: 1) Flood, Storm Run-off Water, Storm Sewer Back-up or Water History 2) Roof, Structural members, roof decking, coverings and related components 3) Hazard Insurance 4) Structural Inspection 5) Use of Property (property use restrictions, building restrictions, easements, restrictive covenants, zoning ordinances and regulations) 6) Square Footage/Acreage (buyer shall not rely on any quoted square footage and/or acreage and shall have the right to measure the property) 7) Home Inspection (if applicable)

Appears in 3 contracts

Samples: Farm and Ranch Contract, Farm and Ranch Contract, Farm and Ranch Contract

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