Common use of POSSESSION AND CONDITION OF PREMISES Clause in Contracts

POSSESSION AND CONDITION OF PREMISES. The Buyer acknowledges that this purchase shall be AS IS and WHERE IS, WITHOUT ANY WARRANTIES WHETHER EXPRESS, IMPLIED OR IMPOSED BY LAW, subject to and with the benefit of all easements, restrictions, building and zoning laws, rights of tenants and parties in possession. Without limiting the foregoing total exclusion of representations and warranties, the sale is made without any representations or warranties as to the following: A. The title to the Premises and the validity, enforceability, or perfection of the Seller’s right or interest therein. B. Compliance with any building, zoning, health, environmental, or other state, local or federal laws which any affect the use, development, or occupancy of the Premises, including, without limitation, the existence or availability of any permits or approvals relating to use, development or occupancy of the Premises. C. The existence on the Premises of any hazardous waste, asbestos, lead-based paint, plaster, or other lead-based accessible material, or any other materials which may be subject to governmental regulation or restriction. D. The availability of any certificate concerning compliance of the Premises with any state, local or federal statute, including, without limitation, a smoke detector certificate, if applicable. E. To the extent any tests, reports, or approvals are determined by the Buyer to be necessary in connection with the use, development or occupancy of the Premises, such reports, permits and approvals shall be the responsibility of the Buyer, at Buyer’s sole cost and expense and the Buyer’s obtaining any such reports, permits or approvals shall not be a pre-condition to Buyer’s obligations hereunder. This clause shall survive the delivery of the deed. F. The parties agree that the Seller shall not provide a smoke detector and/or carbon monoxide certificate and the Buyer agrees to execute a hold harmless agreement with respect to same.

Appears in 5 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase & Sale Agreement

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POSSESSION AND CONDITION OF PREMISES. The Buyer acknowledges that this purchase shall be AS IS and WHERE IS, WITHOUT ANY WARRANTIES WHETHER EXPRESS, IMPLIED OR IMPOSED BY LAW, subject to and with the benefit of all easements, restrictions, building and zoning laws, rights of tenants and parties in possession. Without limiting the foregoing total exclusion of representations and warranties, the sale is made without any representations or warranties as to the following: A. The title to the Premises and the validity, enforceability, or perfection of the Seller’s right or interest therein.; B. Compliance with any building, zoning, health, environmental, or other state, local or federal laws which any affect the use, development, or occupancy of the Premises, including, without limitation, the existence or availability of any permits or approvals approval relating to use, development or occupancy of the Premises. C. The existence on the Premises of any hazardous waste, asbestos, lead-based paint, plaster, or other lead-based accessible material, or any other materials which may be subject to governmental regulation or restriction. D. The availability of any certificate concerning compliance of the Premises with any state, local or federal statute, including, without limitation, a smoke detector or carbon monoxide certificate, if applicable. E. . To the extent any tests, reports, or approvals are determined by the Buyer to be necessary in connection with the use, development or occupancy of the Premises, such reports, permits and approvals shall be the responsibility of the Buyer, at Buyer’s sole cost and expense and the Buyer’s obtaining any such reports, permits or approvals shall not be a pre-condition to Buyer’s obligations hereunder. This clause shall survive the delivery of the deed. F. . The parties agree that the Seller shall not provide a smoke detector and/or or carbon monoxide certificate and the Buyer agrees to execute a hold harmless agreement with respect to same.

Appears in 2 contracts

Samples: Purchase & Sale Agreement, Purchase & Sale Agreement

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POSSESSION AND CONDITION OF PREMISES. The Buyer acknowledges that this purchase shall be AS IS and WHERE IS, WITHOUT ANY WARRANTIES WHETHER EXPRESS, IMPLIED OR IMPOSED BY LAW, subject to and with the benefit of all easements, restrictions, building and zoning laws, rights of tenants and parties in possession. Without limiting the foregoing total exclusion of representations and warranties, the sale is made without any representations or warranties as to the following: A. The title to the Premises and the validity, enforceability, or perfection of the Seller’s 's right or interest therein.; B. Compliance with any building, zoning, health, environmental, or other state, local or federal laws which any affect the use, development, or occupancy of the Premises, including, without limitation, the existence or of availability of any permits or approvals approval relating to use, development or occupancy of the Premises. C. The existence on the Premises of any hazardous waste, asbestos, lead-based paint, plaster, or other lead-based accessible material, or any other materials which may be subject to governmental regulation or restriction. D. The availability of any certificate concerning compliance of the Premises with any state, local or federal statute, including, without limitation, a smoke detector certificate, if applicable. E. . To the extent any tests, reports, or approvals are determined by the Buyer to be necessary in connection with the use, development or occupancy of the Premises, such reports, permits and approvals shall be the responsibility of the Buyer, at Buyer’s 's sole cost and expense and the Buyer’s 's obtaining any such reports, permits or approvals shall not be a pre-condition to Buyer’s Xxxxx's obligations hereunder. This clause shall survive the delivery of the deed. F. . The parties agree that the Seller shall not provide a smoke detector and/or carbon monoxide certificate and the Buyer agrees to execute a hold harmless agreement with respect to same.

Appears in 1 contract

Samples: Purchase & Sale Agreement

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