Common use of Methamphetamine Disclosure Clause in Contracts

Methamphetamine Disclosure. If Seller knows that methamphetamine was ever manufactured, processed, cooked, disposed of, used or stored at the Property, Seller is required to disclose such fact. No disclosure is required if the Property was remediated in accordance with state standards and other requirements are fulfilled pursuant to § 25- 18.5-102, C.R.S. Xxxxx further acknowledges that Xxxxx has the right to engage a certified hygienist or industrial hygienist to test whether the Property has ever been used as a methamphetamine laboratory. Buyer shall have the Right to Terminate under § 25.1, upon Seller’s receipt of Buyer’s written notice to terminate, notwithstanding any other provision of this Contract, based on Buyer’s test result that indicate the Property has been contaminated with methamphetamine, but has not been remediated to meet the standards established by rules of the State Board of Health promulgated pursuant to § 25-18.5-102, C.R.S., Buyer must promptly give written notice to Seller of the results of the test.

Appears in 2 contracts

Samples: Contract to Buy and Sell Real Estate, Contract to Buy and Sell Real Estate

AutoNDA by SimpleDocs

Methamphetamine Disclosure. If Seller knows that methamphetamine was ever manufactured, processed, cooked, disposed of, used or stored at the Property, Seller is required to disclose such fact. No disclosure is required if the Property was remediated in accordance with state standards and other requirements are fulfilled pursuant to § 25- 25-18.5-102, C.R.S. Xxxxx further acknowledges that Xxxxx has the right to engage a certified hygienist or industrial hygienist to test whether the Property has ever been used as a methamphetamine laboratory. Buyer shall have has the Right to Terminate under § 25.1, upon Seller’s receipt of Buyer’s written notice Notice to terminateTerminate, notwithstanding any other provision of this Contract, based on Buyer’s test result results that indicate the Property has been contaminated with methamphetamine, but has not been remediated to meet the standards established by rules of the State Board of Health promulgated pursuant to § 25-18.5-102, C.R.S., Buyer must promptly give written notice to Seller of the results of the test.§

Appears in 1 contract

Samples: Contract to Buy and Sell Real Estate

Methamphetamine Disclosure. If Seller knows that methamphetamine was ever manufactured, processed, cooked, disposed of, used or stored at the Property, Seller is required to disclose such fact. No disclosure is required if the Property was remediated in accordance with state standards and other requirements are fulfilled pursuant to § 25- 25-18.5-102, C.R.S. Xxxxx C.R.S., Buyer further acknowledges that Xxxxx Buyer has the right to engage a certified hygienist or industrial hygienist to test whether the Property has ever been used as a methamphetamine laboratory. Buyer shall have has the Right to Terminate under § 25.1, upon Seller’s receipt of Buyer’s written notice Notice to terminateTerminate, notwithstanding any other provision of this Contract, based on Buyer’s test result results that indicate the Property has been contaminated with methamphetamine, but has not been remediated to meet the standards established by rules of the State Board of Health promulgated pursuant to § 25-18.5-102, C.R.S., Buyer must promptly give written notice to Seller of the results of the test.§

Appears in 1 contract

Samples: Contract to Buy and Sell Real Estate

Methamphetamine Disclosure. If Seller knows that methamphetamine was ever manufactured, processed, cooked, disposed of, used or stored at the Property, Seller is required to disclose such fact. No disclosure is required if the Property was remediated in accordance with state standards and other requirements are fulfilled pursuant to § 25- 25-18.5-102, C.R.S. Xxxxx Buyer further acknowledges that Xxxxx Buyer has the right to engage a certified hygienist or industrial hygienist to test whether the Property has ever been used as a methamphetamine laboratory. Buyer shall have has the Right to Terminate under § 25.1, upon Seller’s receipt of Buyer’s written notice Notice to terminateTerminate, notwithstanding any other provision of this Contract, based on Buyer’s test result results that indicate the Property has been contaminated with methamphetamine, but has not been remediated to meet the standards established by rules of the State Board of Health promulgated pursuant to § 25-18.5-102, C.R.S., C.R.S. Buyer must promptly give written notice to Seller of the results of the test.

Appears in 1 contract

Samples: Contract to Buy and Sell Real Estate (Residential)

AutoNDA by SimpleDocs

Methamphetamine Disclosure. If Seller knows that methamphetamine was ever manufactured, processed, cooked, disposed of, used or stored at the Property, Seller is required to disclose such fact. No disclosure is required if the Property was remediated in accordance with state standards and other requirements are fulfilled pursuant to § 25- 25-18.5-102, C.R.S. C.R.S., Xxxxx further acknowledges that Xxxxx Buyer has the right to engage a certified hygienist or industrial hygienist to test whether the Property has ever been used as a methamphetamine laboratory. Buyer shall have has the Right to Terminate under § 25.1, upon Seller’s receipt of Buyer’s written notice Notice to terminateTerminate, notwithstanding any other provision of this Contract, based on Buyer’s test result results that indicate the Property has been contaminated with methamphetamine, but has not been remediated to meet the standards established by rules of the State Board of Health promulgated pursuant to § 25-18.5-102, C.R.S., Buyer must promptly give written notice to Seller of the results of the test.§

Appears in 1 contract

Samples: Contract to Buy and Sell Real Estate

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!