Common use of Owner’s Representations Clause in Contracts

Owner’s Representations. A. Owner is not delinquent in the payment of any property taxes, Owner’s association fees, property insurance, mortgage, or any encumbrance on or affecting the Property. B. The Property is not subject to a lis pendens or any legal action. C. Owner agrees to furnish Broker with funds, as requested by Xxxxxx, as needed to cover all fees, repairs, and maintenance. D. Owner and Broker are obligated under law to disclose to a tenant or to a prospective tenant any known condition that materially and adversely affects the health or safety of a tenant. Owner is obligated under the Colorado Warranty of Habitability law to repair any such condition for a tenant, Owner represents that Owner is not aware of a condition concerning the Property that materially affects the health or safety of a tenant.

Appears in 3 contracts

Samples: Property Management Agreement, Property Management Agreement, Property Management Agreement

AutoNDA by SimpleDocs

Owner’s Representations. A. Owner is not delinquent in the payment of any property taxes, Owner’s association fees, property insurance, mortgage, or any encumbrance on or affecting the Property.; B. The Property is not subject to a lis pendens or any legal action.; C. Owner agrees to furnish Broker with funds, as requested by Xxxxxx, as needed to cover all fees, repairs, and maintenance. D. Owner and Broker are obligated under law to disclose to a tenant or to a prospective tenant any known condition that materially and adversely affects the health or safety of a tenant. Owner is obligated under the Colorado Warranty of Habitability law to repair any such condition for a tenant, Owner represents that Owner is not aware of a condition concerning the Property that materially affects the health or safety of a tenant.

Appears in 1 contract

Samples: Property Management Agreement

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