Common use of PERMITS DISCLOSURE Clause in Contracts

PERMITS DISCLOSURE. Except as may have been disclosed by Seller to Buyer in a written disclosure, 194 Seller does not know of any improvements made to the Property which were made without required permits 195 or made pursuant to permits which have not been properly closed. 196 (c) MOLD: Mold is naturally occurring and may cause health risks or damage to property. If Buyer is concerned 197 or desires additional information regarding mold, Buyer should contact an appropriate professional. 198 (d) FLOOD ZONE; ELEVATION CERTIFICATION: Buyer is advised to verify by elevation certificate which flood 199 zone the Property is in, whether flood insurance is required by Buyer’s lender, and what restrictions apply to 200 improving the Property and rebuilding in the event of casualty. If Property is in a “Special Flood Hazard Area” 201 or “Coastal Barrier Resources Act” designated area or otherwise protected area identified by the U.S. Fish 202 and Wildlife Service under the Coastal Barrier Resources Act and the lowest floor elevation for the building(s) 203 and /or flood insurance rating purposes is below minimum flood elevation or is ineligible for flood insurance 204 coverage through the National Flood Insurance Program or private flood insurance as defined in 42 U.S.C. 205 §4012a, Buyer may terminate this Contract by delivering written notice to Seller within (if left blank, 206 then 20) days after Effective Date, and Buyer shall be refunded the Deposit thereby releasing Buyer and 207 Seller from all further obligations under this Contract, failing which Buyer accepts existing elevation of 208 buildings and flood zone designation of Property. The National Flood Insurance Program may assess 209 additional fees or adjust premiums for pre-Flood Insurance Rate Map (pre-FIRM) non-primary structures 210 (residential structures in which the insured or spouse does not reside for at least 50% of the year) and an 211 elevation certificate may be required for actuarial rating.

PERMITS DISCLOSURE. Except as may have been disclosed by Seller to Buyer in a written disclosure, 194 Seller 181 does not know of any improvements made to the Property which were made without required permits 195 or made 182 pursuant to permits which have not been properly closed. 196 183 (c) MOLD: Mold is naturally occurring and may cause health risks or damage to property. If Buyer is concerned 197 or 184 desires additional information regarding mold, Buyer should contact an appropriate professional. 198 185 (d) FLOOD ZONE; ELEVATION CERTIFICATION: Buyer is advised to verify by elevation certificate which flood 199 zone 186 the Property is in, whether flood insurance is required by Buyer’s lender, and what restrictions apply to 200 improving 187 the Property and rebuilding in the event of casualty. If Property is in a “Special Flood Hazard Area” 201 or “Coastal 188 Barrier Resources Act” designated area or otherwise protected area identified by the U.S. Fish 202 and Wildlife Service 189 under the Coastal Barrier Resources Act and the lowest floor elevation for the building(s) 203 and /or flood insurance 190 rating purposes is below minimum flood elevation or is ineligible for flood insurance 204 coverage through the National 191 Flood Insurance Program or private flood insurance as defined in 42 U.S.C. 205 §4012a, Buyer may terminate this 192 Contract by delivering written notice to Seller within (if left blank, 206 then 20) days after Effective Date, and 193 Buyer shall be refunded the Deposit thereby releasing Buyer and 207 Seller from all further obligations under this 194 Contract, failing which Buyer accepts existing elevation of 208 buildings and flood zone designation of Property. The 195 National Flood Insurance Program may assess 209 additional fees or adjust premiums for pre-Flood Insurance Rate 196 Map (pre-FIRM) non-primary structures 210 (residential structures in which the insured or spouse does not reside for at 197 least 50% of the year) and an 211 elevation certificate may be required for actuarial rating.

PERMITS DISCLOSURE. Except as may have been disclosed by Seller to Buyer in a written disclosure, 194 205 Seller does not know of any improvements made to the Property which were made without required permits 195 206 or made pursuant to permits which have not been properly closed. 196 207 (c) MOLD: Mold is naturally occurring and may cause health risks or damage to property. If Buyer is concerned 197 208 or desires additional information regarding mold, Buyer should contact an appropriate professional. 198 209 (d) FLOOD ZONE; ELEVATION CERTIFICATION: Buyer is advised to verify by elevation certificate which flood 199 210 zone the Property is in, whether flood insurance is required by Buyer’s lender, and what restrictions apply to 200 211 improving the Property and rebuilding in the event of casualty. If Property is in a “Special Flood Hazard Area” 201 212 or “Coastal Barrier Resources Act” designated area or otherwise protected area identified by the U.S. Fish 202 213 and Wildlife Service under the Coastal Barrier Resources Act and the lowest floor elevation for the building(s) 203 214 and /or flood insurance rating purposes is below minimum flood elevation or is ineligible for flood insurance 204 215 coverage through the National Flood Insurance Program or private flood insurance as defined in 42 U.S.C. 205 216 §4012a, Buyer may terminate this Contract by delivering written notice to Seller within (if left blank, 206 217 then 20) days after Effective Date, and Buyer shall be refunded the Deposit thereby releasing Buyer and 207 218 Seller from all further obligations under this Contract, failing which Buyer accepts existing elevation of 208 219 buildings and flood zone designation of Property. The National Flood Insurance Program may assess 209 220 additional fees or adjust premiums for pre-Flood Insurance Rate Map (pre-FIRM) non-primary structures 210 221 (residential structures in which the insured or spouse does not reside for at least 50% of the year) and an 211 222 elevation certificate may be required for actuarial rating.

PERMITS DISCLOSURE. Except as may have been disclosed by Seller to Buyer in a written disclosure, 194 Seller does not know of any improvements made to the Property which were made without required permits 195 or made pursuant to permits which have not been properly closed. 196 (c) MOLD: Mold is naturally occurring and may cause health risks or damage to property. If Buyer is concerned 197 or desires additional information regarding mold, Buyer should contact an appropriate professional. 198 (d) FLOOD ZONE; ELEVATION CERTIFICATION: Buyer is advised to verify by elevation certificate which flood 199 zone the Property is in, whether flood insurance is required by BuyerXxxxx’s lender, and what restrictions apply to 200 improving the Property and rebuilding in the event of casualty. If Property is in a “Special Flood Hazard Area” 201 or “Coastal Barrier Resources Act” designated area or otherwise protected area identified by the U.S. Fish 202 and Wildlife Service under the Coastal Barrier Resources Act and the lowest floor elevation for the building(s) 203 and /or flood insurance rating purposes is below minimum flood elevation or is ineligible for flood insurance 204 coverage through the National Flood Insurance Program or private flood insurance as defined in 42 U.S.C. 205 §4012a, Buyer may terminate this Contract by delivering written notice to Seller within (if left blank, 206 then 20) days after Effective Date, and Buyer shall be refunded the Deposit thereby releasing Buyer and 207 Seller from all further obligations under this Contract, failing which Buyer Xxxxx accepts existing elevation of 208 buildings and flood zone designation of Property. The National Flood Insurance Program may assess 209 additional fees or adjust premiums for pre-Flood Insurance Rate Map (pre-FIRM) non-primary structures 210 (residential structures in which the insured or spouse does not reside for at least 50% of the year) and an 211 elevation certificate may be required for actuarial rating.