Common use of Preparation for Inspection Clause in Contracts

Preparation for Inspection. At the execution of this Agreement, Seller shall deliver to Purchaser copies of the following to the extent not previously delivered to Purchaser: (The Inspection Period shall be extended as a result of any delays by Seller in producing the items requested herein unless the Seller does not have them and notifies Purchaser with an extension of time to reflect delays of notification.) The current rent roll for the Property; detailed statements of income and expenses with respect to the Property for the past two years; the most recent tax bills for the Property; utility bills for the Property for the twelve (12) months previous to the date hereof; all contract, mortgages, and other documents creating liens of security interest on the Property, or any part thereof and all promissory notes secured thereby; all insurance policies applicable to the Property to include loss runs for the last three (3) years; Plans and Specifications for the Property to the extent in Seller's possession, service contracts, Certificates of Occupancy to the extent reasonably available; a copy of title policy and most recent survey for the Property. A copy of any environmental or engineering reports on the property. The rent roll shall be certified by Seller to be materially accurate and complete to Seller's knowledge. Except as expressly set forth in this Agreement, the delivery of the documents by Seller does not constitute a representation (expressed or implied) by Seller of the truth, accuracy, source or completeness of such information and Purchaser agrees to look to its own inspection and studies to determine such matters. However, Seller warrants that all such documents were used by Seller in the ordinary course of business and were produced from Seller's files.

Appears in 2 contracts

Samples: Purchase Contract (Apple Residential Income Trust Inc), Purchase Contract (Apple Residential Income Trust Inc)

AutoNDA by SimpleDocs

Preparation for Inspection. At the execution of this Agreement, Seller shall deliver to Purchaser copies of the following to the extent not previously delivered to Purchaser: (The Inspection Period shall be extended as a result of any delays by Seller in producing the items requested herein unless the Seller does not have them and notifies Purchaser with an extension of time to reflect delays of notification.) The current rent roll for the Property; detailed statements of income and expenses with respect to the Property for the past two years; the most recent tax bills for the Property; utility bills for the Property for the twelve (12) months previous to the date hereof; all contract, mortgages, and other documents creating liens of security interest on the Property, or any part thereof and all promissory notes secured thereby; all insurance policies applicable to the Property to include loss runs for the last three (3) years; Plans and Specifications for the Property to the extent in Seller's possession, service contracts, Certificates of Occupancy occupancy to the extent reasonably available; a copy of title policy and most recent survey for the Property. A copy of any environmental or engineering reports on the property. The rent roll shall be certified by Seller to be materially accurate and complete to Seller's knowledge. Except as expressly set forth in this Agreement, the delivery of the documents by Seller does not constitute a representation (expressed or implied) by Seller of the truth, accuracy, source or completeness of such information and Purchaser agrees to look to its own inspection and studies to determine such matters. However, Seller warrants that all such documents were used by Seller in the ordinary course of business and were produced from Seller's files.

Appears in 1 contract

Samples: Purchase Contract (Apple Residential Income Trust Inc)

Preparation for Inspection. At If the execution of this Agreement, Seller shall deliver to Purchaser purchaser copies of the following to the extent not previously delivered to Purchaserpurchaser: (The Inspection Period shall be extended as a result of any delays by Seller in producing the items requested herein unless the Seller does not have them and notifies Purchaser purchaser with an extension of time to reflect delays of notification.) The current rent roll for the Property; detailed statements of income and expenses with respect to the Property for the past two years; the most recent tax bills for the Property; utility bills for the Property for the twelve (12) months previous to the date hereof; all contract, mortgages, and other documents creating liens of security interest on the Property, or any part thereof and all promissory notes secured thereby; all insurance policies applicable to the Property to include loss runs for the last three (3) years; Plans and Specifications for the Property to the extent in Seller's possession, service contracts, Certificates of Occupancy to the extent reasonably available; a copy of title policy and most recent survey for the Property. A copy of any environmental or engineering reports on the property. The rent roll shall be certified by Seller to be materially accurate and complete to Seller's knowledge. Except as expressly set forth in this Agreement, the delivery of the documents by Seller does not constitute a representation (expressed or implied) by Seller of the truth, accuracy, source or completeness of such information and Purchaser purchaser agrees to look to its own inspection and studies to determine such matters. However, Seller warrants that all such documents were used by Seller in the ordinary course of business and were produced from Seller's files.

Appears in 1 contract

Samples: Purchase Contract (Apple Residential Income Trust Inc)

Preparation for Inspection. At the execution of this Agreement, Seller shall deliver to Purchaser copies of the following to the extent not previously delivered to Purchaser: (The Inspection Period shall be extended as a result of any delays by Seller in producing the items requested herein unless the Seller does not have them and notifies Purchaser with an extension of time to reflect delays of notification.) The current rent roll for the Property; detailed statements of o(pound) income and expenses with respect to the Property for the past two years; the most recent tax bills for the Property; utility bills for the Property for the twelve (12) months previous to the date hereof; all contract, mortgages, and other documents creating liens of security interest on the Property, or any part thereof and all promissory notes secured thereby; all insurance policies applicable to the Property to include loss runs for the last three (3) years; Plans and Specifications for the Property to the extent in Seller's possession, service contracts, Certificates of Occupancy to the extent reasonably available; a copy of title policy and most recent survey for the Property. A copy of any environmental or engineering reports on the property. The rent roll shall be certified by Seller to be materially accurate and complete to Seller's knowledge. Except as expressly set forth in this Agreement, the delivery of the documents by Seller does not constitute a representation (expressed or implied) by Seller of the truth, accuracy, source or completeness of such information and Purchaser agrees to look to its own inspection and studies to determine such matters. However, Seller warrants that all such documents were used by Seller in the ordinary course of business and were produced from Seller's files.

Appears in 1 contract

Samples: Purchase Contract (Apple Residential Income Trust Inc)

AutoNDA by SimpleDocs

Preparation for Inspection. At the execution of this Agreement, Seller shall deliver to Purchaser copies of the following to the extent not previously delivered to Purchaser: (The Inspection Period shall be extended as a result of any delays by Seller in producing the items requested herein unless the Seller does not have them and notifies Purchaser with an extension of time to reflect delays of notification.) The current rent roll for the Property; detailed statements of income and expenses with respect to the Property for the past two years; the most recent tax bills for the Property; utility bills for the Property for the twelve (12) months previous to the date hereof; : all contract, mortgages, and other documents creating liens of security interest on the Property, or any part thereof and all promissory notes secured thereby; all insurance policies applicable to the Property to include loss runs for the last three (3) years; Plans and Specifications for the Property to the extent in Seller's possession, service contracts, Certificates of Occupancy to the extent reasonably available; a copy of title policy and most recent survey for the Property. A copy of any environmental or engineering reports on the property. The rent roll shall be certified by Seller to be materially accurate and complete to Seller's knowledge. Except as expressly set forth in this Agreement, the delivery of the documents by Seller does not constitute a representation (expressed or implied) by Seller of the truth, accuracy, source or completeness of such information and Purchaser agrees to look to its own inspection and studies to determine such matters. However, Seller warrants that all such documents were used by Seller in the ordinary course of business and were produced from Seller's files.

Appears in 1 contract

Samples: Bitter Purchase Contract (Apple Residential Income Trust Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.