LEAD-BASED PAINT DISCLOSURE. Purchaser acknowledges receipt of the pamphlet "Protect Your Family From Lead In Your Home" and the Seller's lead-based paint and lead-based paint hazards form according to the Residential Lead-Base Hazard Reduction Act of 1992. This applies only to properties built prior to 1978. (initials) / 9. INSPECTION OF PHYSICAL CONDITION OF PROPERTY. Purchaser acknowledges that it has been recommended that Purchaser engage, at Purchaser’s expense, the services of a professional inspector acting within the scope of the inspector’s professional license to inspect the property (initials) / . Purchaser and Seller understand the purpose of a property inspection is to inform and educate Purchaser of conditions and future maintenance of property and is not designed to be a point of renegotiation of the purchase price. This offer □ is / □ is not contingent upon Purchaser, at Purchaser’s expense, obtaining a property inspection(s) and report(s) which may include, but not be limited to the physical, structural, mechanical, pest, geological and environmental contamination conditions relating to the property. These inspection options will be completed and written notice of the results given to Seller or Seller’s agent within business days of acceptance of this agreement. If the inspection(s) has not been completed within the specified time, Purchaser’s option to have the inspection(s) shall expire and all other terms of this Purchase Agreement will continue unaffected. INITIALS: PURCHASER / SELLER /
Appears in 12 contracts
Samples: Purchase Agreement, Purchase Agreement, Purchase Agreement
