PROPERTY CONDITION DISCLOSURE STATEMENT Clause Samples
The Property Condition Disclosure Statement clause requires the seller to provide a detailed account of the property's current physical condition to the buyer. This typically involves completing a standardized form that addresses aspects such as structural integrity, the presence of defects, and the status of major systems like plumbing and electrical. By mandating this disclosure, the clause helps ensure transparency, allowing buyers to make informed decisions and reducing the risk of disputes over undisclosed property issues after the sale.
PROPERTY CONDITION DISCLOSURE STATEMENT. Purchaser(s) acknowledge receipt of Seller(s) Property Condition Disclosure Statement at the execution of this Agreement as required by Nebraska State Law.
PROPERTY CONDITION DISCLOSURE STATEMENT. ⎕ Yes, ▇▇▇▇▇ acknowledges receipt. ⎕ Not provided, ▇▇▇▇▇▇ agrees to credit ▇▇▇▇▇ $500.00 at closing. ⎕ Not applicable.
PROPERTY CONDITION DISCLOSURE STATEMENT. Promptly after Initiation, HomeServices Relocation shall furnish the Employee with a Property Condition Disclosure Statement (the “Disclosure Statement”). The Company shall instruct the Employee to complete and return the Disclosure Statement to HomeServices Relocation within ten (10) days after receipt. Unless otherwise instructed by the Company, HomeServices Relocation shall not make an offer to an Employee until after it has received and approved the completed Disclosure Statement.
PROPERTY CONDITION DISCLOSURE STATEMENT. Yes, Buyer acknowledges receipt. Not provided, Seller agrees to credit Buyer $500.00 at closing. Not applicable to the transaction.
PROPERTY CONDITION DISCLOSURE STATEMENT. The Buyer acknowledges receiving a current and signed copy of the Property Condition Disclosure Statement for the Property from the Seller and confirms that he or she is satisfied with the contents thereof. The Property Condition Disclosure Statement is attached to and forms part of this Agreement.
PROPERTY CONDITION DISCLOSURE STATEMENT. □ Yes, ▇▇▇▇▇ acknowledges receipt. □ Not provided, ▇▇▇▇▇▇ agrees to credit Buyer $500.00 at closing. □ Not applicable to this transaction.
PROPERTY CONDITION DISCLOSURE STATEMENT. Purchaser acknowledges that Seller has elected not to provide Purchaser with a Property Condition Disclosure Statement prior to the signing and delivery of this Agreement nor any subsequent Disclosure Statements in either case as may be required under Article 14 of the Real Property Law (effective March 1, 2002). In consequence thereof, Seller shall credit Purchaser against the Purchase Price at Closing the sum of $500.00. Purchaser agrees that Purchaser shall not bring any action or proceeding including, without limitation, an action for rescission of this Agreement by reason of Seller electing not to provide Purchaser with a Property Condition Disclosure Statement as aforesaid or by reason of Seller failing to comply with any statute. The provisions of this Section 13.20 shall survive the Closing.
PROPERTY CONDITION DISCLOSURE STATEMENT. Promptly after the Initiation, GMAC GRS shall furnish Employee with a Property Condition Disclosure (the “Disclosure Statement”). GMAC GRS shall Instruct Employee to complete and return the Disclosure Statement to GMAC GRS within 10 days after receipt. Unless otherwise instructed by Talecris, GMAC GRS will not make an offer to an Employee until after it has received and reviewed the completed Disclosure Statement.