Common use of Owner Representations Clause in Contracts

Owner Representations. Owner represents and warrants that Owner has full power and 19 authority to enter into this Agreement; that there are no written or oral agreements affecting the Property other 20 than disclosed tenant leases, copies of which have been furnished to Broker; that there are no recorded easements, 21 restrictions, reservations or rights of way which adversely affect the use of the Property for the purposes intended 22 under this Agreement; that the Property is zoned for the intended use; that all permits for the operation of the 23 Property have been secured and are current; that the building and its construction and operation do not violate any 24 applicable statutes, laws, ordinances, rules, regulations, orders or the like; and that the information supplied by 25 Owner is dependable and accurate. OWNER REPRESENTS THAT ANY LOANS, NOTES, MORTGAGES, 26 TAXES, DUES, UTILTIES OR TRUST DEEDS ARE PAID AND ARE CURRENT WITHOUT 27 DEFAULTS; and that any future defaults on any loans, mortgages, dues, utilities or trust deeds will be reported 28 to Broker within 14 business days of Owner’s receipt of Notice of Default (which commences foreclosure 29 proceedings). OWNER FURTHER REPRESENTS THAT NO LIENS OF ANY TYPE (INCLUDING HOA 30 AND OTHER SUPER PRIORITY LIENS) HAVE BEEN RECORDED AGAINST THE PROPERTY. OWNER 31 UNDERSTANDS THAT OFFERING A PROPERTY FOR LEASE WHILE THE PROPERTY IS IN ANY 32 FORECLOSURE PROCEEDINGS, WITHOUT WRITTEN DISCLOSURE, IS A DECEPTIVE TRADE 33 PRACTICE PUNISHABLE BY BOTH A CIVIL FINE AND CRIMINAL PROCEEDINGS. 34 Owner Initials [ ] [ ] 36 (B) Multiple Listing Service. No Multiple Listing Service or Association of REALTORS® is a 37 party to this Agreement and no Multiple Listing Service or Association of REALTORS® sets, controls, 38 recommends or suggests the amount of compensation for any service rendered pursuant to this Agreement. 39

Owner Representations. Owner represents and warrants that Owner has full power and 19 authority to 37 enter into this Agreement; that there are no written or oral agreements affecting the Property other 20 than disclosed 38 tenant leases, copies of which have been furnished to Broker; that there are no recorded easements, 21 restrictions, 39 reservations or rights of way which adversely affect the use of the Property for the purposes intended 22 under this 40 Agreement; that the Property is zoned for the intended use; that all permits for the operation of the 23 Property have 41 been secured and are current; that the building and its construction and operation do not violate any 24 applicable 42 statutes, laws, ordinances, rules, regulations, orders or the like; and that the information supplied by 25 Owner is 43 dependable and accurate. OWNER REPRESENTS THAT ANY LOANS, NOTES, MORTGAGES, 26 TAXES, DUES, UTILTIES 44 DUES OR TRUST DEEDS ARE PAID AND ARE CURRENT WITHOUT 27 DEFAULTS; and that any future 45 defaults on any loans, mortgages, dues, utilities dues or trust deeds will be reported 28 to Broker within 14 business days of Owner’s 's 46 receipt of Notice notice of Default default (which commences foreclosure 29 proceedings). OWNER FURTHER REPRESENTS THAT NO LIENS OF ANY TYPE (INCLUDING HOA 30 AND OTHER SUPER PRIORITY LIENS) HAVE BEEN RECORDED AGAINST THE PROPERTY. OWNER 31 UNDERSTANDS THAT 47 OFFERING A PROPERTY FOR LEASE WHILE THE PROPERTY IS IN ANY 32 FORECLOSURE 48 PROCEEDINGS, WITHOUT WRITTEN DISCLOSURE, IS A DECEPTIVE TRADE 33 PRACTICE 49 PUNISHABLE BY BOTH A CIVIL FINE AND CRIMINAL PROCEEDINGS. 34 50 Owner Initials [ ] [ ] 36 51 52 (B) Multiple Listing Service. No Multiple Listing Service or Association of REALTORS® is a 37 party to 53 this Agreement and no Multiple Listing Service or Association of REALTORS® sets, controls, 38 recommends or 54 suggests the amount of compensation for any service rendered pursuant to this Agreement. 39.

Owner Representations. Owner represents and warrants that Owner has full power and 19 authority to enter into this Agreement; that there are no written or oral agreements affecting the Property other 20 than disclosed tenant leases, copies of which have been furnished to Broker; that there are no recorded easements, 21 restrictions, reservations or rights of way which adversely affect the use of the Property for the purposes intended 22 under this Agreement; that the Property is zoned for the intended use; that all permits for the operation of the 23 Property have been secured and are current; that the building and its construction and operation do not violate any 24 applicable statutes, laws, ordinances, rules, regulations, orders or the like; and that the information supplied by 25 Owner is dependable and accurate. OWNER REPRESENTS THAT ANY LOANS, NOTES, MORTGAGES, 26 TAXES, DUES, UTILTIES OR TRUST DEEDS ARE PAID AND ARE CURRENT WITHOUT 27 DEFAULTS; and that any future defaults on any loans, mortgages, dues, utilities or trust deeds will be reported 28 to Broker within 14 business days of Owner’s receipt of Notice of Default (which commences foreclosure 29 proceedings). OWNER FURTHER REPRESENTS THAT NO LIENS OF ANY TYPE (INCLUDING HOA 30 AND OTHER SUPER PRIORITY LIENS) HAVE BEEN RECORDED AGAINST THE PROPERTY. OWNER 31 UNDERSTANDS THAT OFFERING A PROPERTY FOR LEASE WHILE THE PROPERTY IS IN ANY 32 FORECLOSURE PROCEEDINGS, WITHOUT WRITTEN DISCLOSURE, IS A DECEPTIVE TRADE 33 PRACTICE PUNISHABLE BY BOTH A CIVIL FINE AND CRIMINAL PROCEEDINGS. 34 Owner Initials [ ] [ ] 36 (B) Multiple Listing Service. No Multiple Listing Service or Association of REALTORS® is a 37 party to this Agreement and no Multiple Listing Service or Association of REALTORS® sets, controls, 38 recommends or suggests the amount of compensation for any service rendered pursuant to this Agreement. 39]

Owner Representations. Owner represents and warrants that Owner has full power and 19 authority 22 to enter into this Agreement; that there are no written or oral agreements affecting the Property other 20 than disclosed 23 tenant leases, copies of which have been furnished to Broker/Designated Property Manager; that there are no 24 recorded easements, 21 restrictions, reservations or rights of way which adversely affect the use of the Property for the 25 purposes intended 22 under this Agreement; that the Property is zoned for the intended use; that all permits for the 26 operation of the 23 Property have been secured and are current; that the building and its construction and operation do 27 not violate any 24 applicable statutes, laws, ordinances, rules, regulations, orders or the like; and that the information 28 supplied by 25 Owner is dependable and accurate. OWNER REPRESENTS THAT ANY LOANS, NOTES, 29 MORTGAGES, 26 TAXES, DUES, UTILTIES OR TRUST DEEDS ARE PAID AND ARE CURRENT 30 WITHOUT 27 DEFAULTS; and that any future defaults on any loans, mortgages, dues, utilities or trust deeds will 31 be reported 28 to Broker Broker/Designated Property Manager within 14 business days of Owner’s receipt of Notice of 32 Default (which commences foreclosure 29 proceedings). OWNER FURTHER REPRESENTS THAT NO LIENS OF 33 ANY TYPE (INCLUDING HOA 30 AND OTHER SUPER PRIORITY LIENS) HAVE BEEN RECORDED 34 AGAINST THE PROPERTY. OWNER 31 UNDERSTANDS THAT OFFERING A PROPERTY FOR LEASE 35 WHILE THE PROPERTY IS IN ANY 32 FORECLOSURE PROCEEDINGS, WITHOUT WRITTEN 36 DISCLOSURE, IS A DECEPTIVE TRADE 33 PRACTICE PUNISHABLE BY BOTH A CIVIL FINE AND 37 CRIMINAL PROCEEDINGS. 34 Owner Initials [ ] [ ] 36 38 39 (B) Multiple Listing Service. No Multiple Listing Service or Association of REALTORS® is a 37 party 40 to this Agreement and no Multiple Listing Service or Association of REALTORS® sets, controls, 38 recommends or 41 suggests the amount of compensation for any service rendered pursuant to this Agreement. 3942 44 45 47 (This Space Intentionally Left Blank) 48 49 50 51 52

Owner Representations. Owner represents and warrants that Owner has full power and 19 authority to 37 enter into this Agreement; that there are no written or oral agreements affecting the Property other 20 than disclosed 38 tenant leases, copies of which have been furnished to Broker; that there are no recorded easements, 21 restrictions, 39 reservations or rights of way which adversely affect the use of the Property for the purposes intended 22 under this 40 Agreement; that the Property is zoned for the intended use; that all permits for the operation of the 23 Property have 41 been secured and are current; that the building and its construction and operation do not violate any 24 applicable 42 statutes, laws, ordinances, rules, regulations, orders or the like; and that the information supplied by 25 Owner is 43 dependable and accurate. OWNER REPRESENTS THAT ANY LOANS, NOTES, MORTGAGES, 26 TAXES, DUES, UTILTIES 44 DUES OR TRUST DEEDS ARE PAID AND ARE CURRENT WITHOUT 27 DEFAULTS; and that any future 45 defaults on any loans, mortgages, dues, utilities dues or trust deeds will be reported 28 to Broker within 14 business days of Owner’s 's 46 receipt of Notice notice of Default default (which commences foreclosure 29 proceedings). OWNER FURTHER REPRESENTS THAT NO LIENS OF ANY TYPE (INCLUDING HOA 30 AND OTHER SUPER PRIORITY LIENS) HAVE BEEN RECORDED AGAINST THE PROPERTY. OWNER 31 UNDERSTANDS THAT 47 OFFERING A PROPERTY FOR LEASE WHILE THE PROPERTY IS IN ANY 32 FORECLOSURE 48 PROCEEDINGS, WITHOUT WRITTEN DISCLOSURE, IS A DECEPTIVE TRADE 33 PRACTICE 49 PUNISHABLE BY BOTH A CIVIL FINE AND CRIMINAL PROCEEDINGS. 34 50 Owner Initials [ ] [ ] 36 (B) Multiple Listing Service. No Multiple Listing Service or Association of REALTORS® is a 37 party to this Agreement and no Multiple Listing Service or Association of REALTORS® sets, controls, 38 recommends or suggests the amount of compensation for any service rendered pursuant to this Agreement. 39* * * Free PDF Preview End * * * Purchase Required To Gain Total Access

Owner Representations. Owner represents and warrants that Owner has full power and 19 12 authority to enter into this Agreement; that there are no written or oral agreements affecting the Property other 20 13 than disclosed tenant leases, copies of which have been furnished to Broker; that there are no recorded easements, 21 14 restrictions, reservations or rights of way which adversely affect the use of the Property for the purposes intended 22 15 under this Agreement; that the Property is zoned for the intended use; that all permits for the operation of the 23 16 Property have been secured and are current; that the building and its construction and operation do not violate any 24 17 applicable statutes, laws, ordinances, rules, regulations, orders or the like; and that the information supplied by 25 18 Owner is dependable and accurate. OWNER REPRESENTS THAT ANY LOANS, NOTES, MORTGAGES, 26 19 TAXES, DUES, UTILTIES OR TRUST DEEDS ARE PAID AND ARE CURRENT WITHOUT 27 20 DEFAULTS; and that any future defaults on any loans, mortgages, dues, utilities or trust deeds will be reported 28 21 to Broker within 14 business days of Owner’s receipt of Notice of Default (which commences foreclosure 29 22 proceedings). OWNER FURTHER REPRESENTS THAT NO LIENS OF ANY TYPE (INCLUDING HOA 30 23 AND OTHER SUPER PRIORITY LIENS) HAVE BEEN RECORDED AGAINST THE PROPERTY. OWNER 31 24 UNDERSTANDS THAT OFFERING A PROPERTY FOR LEASE WHILE THE PROPERTY IS IN ANY 32 25 FORECLOSURE PROCEEDINGS, WITHOUT WRITTEN DISCLOSURE, IS A DECEPTIVE TRADE 33 26 PRACTICE PUNISHABLE BY BOTH A CIVIL FINE AND CRIMINAL PROCEEDINGS. 34 27 Owner Initials [ ] [ ] 36 29 (B) Multiple Listing Service. No Multiple Listing Service or Association of REALTORS® is a 37 30 party to this Agreement and no Multiple Listing Service or Association of REALTORS® sets, controls, 38 31 recommends or suggests the amount of compensation for any service rendered pursuant to this Agreement. 39.

Owner Representations. Owner represents and warrants that Owner has full power and 19 authority to enter into this Agreement; that there are no written or oral agreements affecting the Property other 20 than disclosed tenant leases, copies of which have been furnished to Broker; that there are no recorded easements, 21 restrictions, reservations or rights of way which adversely affect the use of the Property for the purposes intended 22 under this Agreement; that the Property is zoned for the intended use; that all permits for the operation of the 23 Property have been secured and are current; that the building and its construction and operation do not violate any 24 applicable statutes, laws, ordinances, rules, regulations, orders or the like; and that the information supplied by 25 Owner is dependable and accurate. OWNER REPRESENTS THAT ANY LOANS, NOTES, MORTGAGES, 26 TAXES, DUES, UTILTIES OR TRUST DEEDS ARE PAID AND ARE CURRENT WITHOUT 27 DEFAULTS; and that any future defaults on any loans, mortgages, dues, utilities or trust deeds will be reported 28 to Broker within 14 business days of Owner’s receipt of Notice of Default (which commences foreclosure 29 proceedings). OWNER FURTHER REPRESENTS THAT NO LIENS OF ANY TYPE (INCLUDING HOA 30 AND OTHER SUPER PRIORITY LIENS) HAVE BEEN RECORDED AGAINST THE PROPERTY. OWNER 31 UNDERSTANDS THAT OFFERING A PROPERTY FOR LEASE WHILE THE PROPERTY IS IN ANY 32 FORECLOSURE PROCEEDINGS, WITHOUT WRITTEN DISCLOSURE, IS A DECEPTIVE TRADE 33 PRACTICE PUNISHABLE BY BOTH A CIVIL FINE AND CRIMINAL PROCEEDINGS. 34 Owner Initials [ ] [ ] 36 (B) Multiple Listing Service. No Multiple Listing Service or Association of REALTORS® is a 37 party to this Agreement and no Multiple Listing Service or Association of REALTORS® sets, controls, 38 recommends or suggests the amount of compensation for any service rendered pursuant to this Agreement. 39.

Owner Representations. Owner represents and warrants that Owner has full power and 19 34 authority to enter into this Agreement; that there are no written or oral agreements affecting the Property other 20 35 than disclosed tenant leases, copies of which have been furnished to Broker; that there are no recorded easements, 21 36 restrictions, reservations or rights of way which adversely affect the use of the Property for the purposes intended 22 37 under this Agreement; that the Property is zoned for the intended use; that all permits for the operation of the 23 38 Property have been secured and are current; that the building and its construction and operation do not violate any 24 39 applicable statutes, laws, ordinances, rules, regulations, orders or the like; and that the information supplied by 25 40 Owner is dependable and accurate. OWNER REPRESENTS THAT ANY LOANS, NOTES, MORTGAGES, 26 41 TAXES, DUES, UTILTIES OR TRUST DEEDS ARE PAID AND ARE CURRENT WITHOUT 27 42 DEFAULTS; and that any future defaults on any loans, mortgages, dues, utilities or trust deeds will be reported 28 43 to Broker within 14 business days of Owner’s receipt of Notice of Default (which commences foreclosure 29 44 proceedings). OWNER FURTHER REPRESENTS THAT NO LIENS OF ANY TYPE (INCLUDING HOA 30 45 AND OTHER SUPER PRIORITY LIENS) HAVE BEEN RECORDED AGAINST THE PROPERTY. OWNER 31 46 UNDERSTANDS THAT OFFERING A PROPERTY FOR LEASE WHILE THE PROPERTY IS IN ANY 32 47 FORECLOSURE PROCEEDINGS, WITHOUT WRITTEN DISCLOSURE, IS A DECEPTIVE TRADE 33 48 PRACTICE PUNISHABLE BY BOTH A CIVIL FINE AND CRIMINAL PROCEEDINGS. 34 49 Owner Initials [ ] [ ] 36 50 1 (B) Multiple Listing Service. No Multiple Listing Service or Association of REALTORS® is a 37 2 party to this Agreement and no Multiple Listing Service or Association of REALTORS® sets, controls, 38 3 recommends or suggests the amount of compensation for any service rendered pursuant to this Agreement. 39.

Owner Representations. Owner represents and warrants that Owner has full power and 19 34 authority to enter into this Agreement; that there are no written or oral agreements affecting the Property other 20 35 than disclosed tenant leases, copies of which have been furnished to Broker; that there are no recorded easements, 21 36 restrictions, reservations or rights of way which adversely affect the use of the Property for the purposes intended 22 37 under this Agreement; that the Property is zoned for the intended use; that all permits for the operation of the 23 38 Property have been secured and are current; that the building and its construction and operation do not violate any 24 39 applicable statutes, laws, ordinances, rules, regulations, orders or the like; and that the information supplied by 25 40 Owner is dependable and accurate. OWNER REPRESENTS THAT ANY LOANS, NOTES, MORTGAGES, 26 41 TAXES, DUES, UTILTIES OR TRUST DEEDS ARE PAID AND ARE CURRENT WITHOUT 27 42 DEFAULTS; and that any future defaults on any loans, mortgages, dues, utilities or trust deeds will be reported 28 43 to Broker within 14 business days of Owner’s receipt of Notice of Default (which commences foreclosure 29 44 proceedings). OWNER FURTHER REPRESENTS THAT NO LIENS OF ANY TYPE (INCLUDING HOA 30 45 AND OTHER SUPER PRIORITY LIENS) HAVE BEEN RECORDED AGAINST THE PROPERTY. OWNER 31 46 UNDERSTANDS THAT OFFERING A PROPERTY FOR LEASE WHILE THE PROPERTY IS IN ANY 32 47 FORECLOSURE PROCEEDINGS, WITHOUT WRITTEN DISCLOSURE, IS A DECEPTIVE TRADE 33 48 PRACTICE PUNISHABLE BY BOTH A CIVIL FINE AND CRIMINAL PROCEEDINGS. 34 49 Owner Initials [ ] [ ] 36 50 51 1 (B) Multiple Listing Service. No Multiple Listing Service or Association of REALTORS® is a 37 2 party to this Agreement and no Multiple Listing Service or Association of REALTORS® sets, controls, 38 3 recommends or suggests the amount of compensation for any service rendered pursuant to this Agreement. 39.

Owner Representations. Owner represents and warrants that Owner has full power and 19 27 authority to enter into this Agreement; that there are no written or oral agreements affecting the Property other 20 28 than disclosed tenant leases, copies of which have been furnished to Broker; that there are no recorded easements, 21 29 restrictions, reservations or rights of way which adversely affect the use of the Property for the purposes intended 22 30 under this Agreement; that the Property is zoned for the intended use; that all permits for the operation of the 23 31 Property have been secured and are current; that the building and its construction and operation do not violate any 24 32 applicable statutes, laws, ordinances, rules, regulations, orders or the like; and that the information supplied by 25 33 Owner is dependable and accurate. OWNER REPRESENTS THAT ANY LOANS, NOTES, MORTGAGES, 26 34 TAXES, DUES, UTILTIES OR TRUST DEEDS ARE PAID AND ARE CURRENT WITHOUT 27 35 DEFAULTS; and that any future defaults on any loans, mortgages, dues, utilities or trust deeds will be reported 28 36 to Broker within 14 business days of Owner’s receipt of Notice of Default (which commences foreclosure 29 37 proceedings). OWNER FURTHER REPRESENTS THAT NO LIENS OF ANY TYPE (INCLUDING HOA 30 38 AND OTHER SUPER PRIORITY LIENS) HAVE BEEN RECORDED AGAINST THE PROPERTY. OWNER 31 39 UNDERSTANDS THAT OFFERING A PROPERTY FOR LEASE WHILE THE PROPERTY IS IN ANY 32 40 FORECLOSURE PROCEEDINGS, WITHOUT WRITTEN DISCLOSURE, IS A DECEPTIVE TRADE 33 41 PRACTICE PUNISHABLE BY BOTH A CIVIL FINE AND CRIMINAL PROCEEDINGS. 34 42 Owner Initials [ ] [ ] 36 (B) Multiple Listing Service. No Multiple Listing Service or Association of REALTORS® is a 37 party to this Agreement and no Multiple Listing Service or Association of REALTORS® sets, controls, 38 recommends or suggests the amount of compensation for any service rendered pursuant to this Agreement. 39]

Owner Representations. Owner represents and warrants that Owner has full power and 19 authority to enter into this Agreement; that there are no written or oral agreements affecting the Property other 20 than disclosed tenant leases, copies of which have been furnished to Broker; that there are no recorded easements, 21 restrictions, reservations or rights of way which adversely affect the use of the Property for the purposes intended 22 under this Agreement; that the Property is zoned for the intended use; that all permits for the operation of the 23 Property have been secured and are current; that the building and its construction and operation do not violate any 24 applicable statutes, laws, ordinances, rules, regulations, orders or the like; and that the information supplied by 25 Owner is dependable and accurate. OWNER REPRESENTS THAT ANY LOANS, NOTES, MORTGAGES, 26 TAXES, DUES, UTILTIES OR TRUST DEEDS ARE PAID AND ARE CURRENT WITHOUT 27 DEFAULTS; and that any future defaults on any loans, mortgages, dues, utilities or trust deeds will be reported 28 to Broker within 14 business days of Owner’s 's receipt of Notice of Default (which commences foreclosure 29 proceedings). OWNER FURTHER REPRESENTS THAT NO LIENS OF ANY TYPE (INCLUDING HOA 30 AND OTHER SUPER PRIORITY LIENS) HAVE BEEN RECORDED AGAINST THE PROPERTY. OWNER 31 UNDERSTANDS THAT OFFERING A PROPERTY FOR LEASE WHILE THE PROPERTY IS IN ANY 32 FORECLOSURE PROCEEDINGS, WITHOUT WRITTEN DISCLOSURE, IS A DECEPTIVE TRADE 33 PRACTICE PUNISHABLE BY BOTH A CIVIL FINE AND CRIMINAL PROCEEDINGS. 34 Owner Initials [ ] [ ] 36 (B) Multiple Listing Service. No Multiple Listing Service or Association of REALTORS® is a 37 party to this Agreement and no Multiple Listing Service or Association of REALTORS® sets, controls, 38 recommends or suggests the amount of compensation for any service rendered pursuant to this Agreement. 39.