PROPERTY DISCLOSURES. Seller(s) acknowledge(s) that they have been informed of the responsibilities imposed upon sellers under the Residential Real Property Disclosure Act. Seller agrees to comply with the requirements of this Act to the best of Seller's ability and to not knowingly give any false or inaccurate information regarding the disclosures required by that Act. Seller also acknowledges compliance with any other applicable disclosure laws.
PROPERTY DISCLOSURES. A. Seller will convey all mineral, gas, or oil rights applicable to the Property owned by Seller, if any. However, it is believed Seller does not own any mineral rights.
B. Portion(s) of the Property may or may not be located in a flood zone.
C. It is the Purchaser’s responsibility to verify with any governing agency any requirements, guidelines, permits, or regulations pertaining to the Property and its use thereof.
D. No guaranty or representation is made regarding any individual part of the property’s ability to pass a perc test.
E. Only real estate will be conveyed. No furnishings or equipment will be conveyed with the Property.
F. Any existing built-in appliances will be conveyed with the Property.
G. Any existing window treatments will be conveyed with the Property.
H. Any fence lines may or may not represent boundary lines.
I. The Seller has provided an existing survey for the property which states the property consists of 163 acres. However, the Property has not been surveyed for this transaction. The Property will be conveyed by the existing legal description. Should Purchaser or Purchaser’s lender desire any additional survey work, it will be at Purchaser’s option and expense, and will not affect the closing. If an updated survey shows a greater or lesser amount of acreage, the Sales Contract price will not be adjusted.
J. On the proposed lake site some preliminary site work has been performed. However, no permits or approvals are in place for the lake. Neither the Seller nor the Auction Company warrants nor guarantees Purchaser’s ability to obtain any permits or approvals that may be necessary. It is the Purchaser’s responsibility to verify with any governing agency regarding requirements, guidelines, permits, or regulations that may be required for the lake.
PROPERTY DISCLOSURES. A. The Property is selling subject to all matters contained in the Title Commitment (which is available for review) including all restrictions, zoning, encroachments, access or lack thereof, rights-of-way, easements of record, and any other items of record.
B. Seller will convey all mineral, gas or oil rights applicable to the Property owned by Seller, if any.
C. The property is selling “AS IS, WHERE IS”.
D. The Property is being sold subject to the Deed of Conservation Easement from The Trust for Public Land d/b/a The Trust for Public Land (Inc.) to Xxxxxx County, dated March 1, 2011, filed March 24, 2011, recorded in Deed Book 5585, page 7, Xxxxxxxxx County, Georgia records.
E. The Property is being sold subject to the Agricultural Lease dated November 6, 2018.
F. The Property is being sold subject to Hunting Lease dated April 14, 2014 and most recently, the Seventh Amendment to Hunting and Right of First Refusal to Purchase Property dated October 29, 2019 which removes the first right of refusal to purchase the Property. The Hunting Lease will automatically terminate at closing.
G. The physical access to Tract A (Parcel 2) is from an existing railroad crossing by CSX and the permit to use the crossing has expired. The crossing is located at the end of an easement which comes from Tract B (Parcel 1) to Tract A (Parcel 2). The Seller inquired with CSX as to the process and costs for re-establishing the crossing permit. There is a one-time application fee of $1,250, and then there is an annual license fee of $350, and an annual maintenance fee of $2,456. The Seller will give the Purchaser of this tract a one-time credit for the application fee, the annual license fee, and annual maintenance fee totaling $4,056 at closing. It will be up to the Purchaser to apply to CSX and obtain the railroad crossing permit. CSX has indicated its willingness to grant the permit and Seller can put the Purchaser in touch with the appropriate staff at CSX. The Purchaser may also be able to negotiate alternative access but neither Seller nor Auction Company make any guarantees as to the railroad crossing permit approval or access to the property.
PROPERTY DISCLOSURES. The Property Documents and the Hazardous Materials Documents shall set forth certain disclosures of Optionor with respect to the Property (the “Property Disclosures”). Optionor makes no representation or warranty that the Property Disclosures contain a complete listing of (i) all matters which may be relevant or important to Optionee in its acquisition and development of the Property, it being agreed that the terms of Article 4 and Article 11 shall control with respect to such matters, and (ii) all matters which must be disclosed to Optionee’s purchasers and successors in interest, it being understood and agreed that Optionee shall be fully liable and responsible for determining and making all such disclosures pursuant to the terms of this Agreement and applicable law. The copies of the Property Documents and the Hazardous Materials Documents which are to be delivered by Optionor to Optionee under the terms of this Agreement shall be, upon such delivery, to the best of Optionor’s knowledge without investigation, true, correct and complete copies thereof.
PROPERTY DISCLOSURES. A. Seller will convey all mineral, gas, or oil rights applicable to the Property owned by Seller, if any.
B. Portion(s) of the Property may or may not be located in a flood zone.
C. It is the Purchaser’s responsibility to verify with any governing agency any requirements, guidelines, permits, or regulations pertaining to the Property and its use thereof.
D. No guaranty or representation is made regarding any individual part of the Property’s ability to pass a perc test.
E. Only real estate will be conveyed. No furnishings or equipment will be conveyed with the Property.
F. Any existing window treatments and/or built-in appliances will be conveyed with the Property.
G. Any fence lines may or may not represent boundary lines.
PROPERTY DISCLOSURES. Seller shall have delivered copies of all environmental reports, prior title commitments or policies, surveys, environmental reports, and all other agreements, permits, licenses, reports, articles of organization, operating agreements, loan documents, and other diligence materials related to the real property owned by the Cherry Court Owner (the “Cherry Court Property”) and the Cherry Court Interest.
PROPERTY DISCLOSURES. (a) Pursuant to Section 404.056(5) of the Florida Statutes, Seller hereby provides the following notice to Buyer: RADON GAS: Radon is a naturally occurring radioactive gas that, when it has accumulated in a building in sufficient quantity, may present health risks to persons who are exposed to it over time. Levels of radon that exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding radon and radon testing may be obtained from the county public health unit of the county in which the Property is located.
(b) Pursuant to Section 553.996 of the Florida Statutes, Seller hereby provides the following notice to Buyer: ENERGY-EFFICIENCY RATING. Buyer is advised that Buyer may have the energy-efficiency rating of the buildings located at the Property in Florida determined. Buyer acknowledges that, with the execution of this Contract, Buyer has independently obtained, a copy of an information brochure regarding energy-efficiency rating prepared and provided by the Florida Department of Community Affairs.
(c) If applicable, pursuant to Section 161.57(2) of the Florida Statutes, Buyer waives the right to obtain from Seller an affidavit with respect to, or a survey meeting the requirements of Chapter 472 of the Florida Statues delineating, the location of the coastal construction control line on the Property.
(d) Buyer is advised to verify by survey and with appropriate government agencies which flood zone the Property is in, whether flood insurance is required and what restrictions apply to improving the Property and rebuilding in the event of casualty. Buyer hereby agrees that Buyer accepts the existing elevation of the buildings and zone designation of the Property unless Buyer terminates the Contract prior to the expiration of the Feasibility Period.
(e) Pursuant to Section 689.261 of the Florida Statutes, Seller hereby provides the following notice to Buyer: BUYER SHOULD NOT RELY ON THE SELLER’S CURRENT PROPERTY TAXES AS THE AMOUNT OF PROPERTY TAXES THAT BUYER MAY BE OBLIGATED TO PAY IN THE YEAR SUBSEQUENT TO PURCHASE. A CHANGE OF OWNERSHIP OR PROPERTY IMPROVEMENTS TRIGGERS REASSESSMENTS OF THE PROPERTY THAT COULD RESULT IN HIGHER PROPERTY TAXES. IF YOU HAVE ANY QUESTIONS CONCERNING VALUATION, CONTACT THE COUNTY PROPERTY APPRAISER’S OFFICE FOR FURTHER INFORMATION.
(f) EVERY BUYER OF ANY INTEREST IN RESIDENTIAL REAL PROPERTY ON WHICH A RESIDENTIAL DWELLING WAS BUILT PRIOR TO 1978 IS NOTIFIED THAT SUCH PROPERTY ...
PROPERTY DISCLOSURES. Buyer hereby waives the right to receive and any obligation of Seller to deliver any disclosures applicable to any Property and required by Law; provided, however, if such waiver is permitted by applicable Law, then Buyer shall promptly notify Seller in writing thereof and Seller shall provide, at Buyer’s expense, any such required disclosures as soon as practicable following Seller’s receipt of Buyer’s notice.
PROPERTY DISCLOSURES. A. Seller will convey all mineral, gas, or oil rights applicable to the Property owned by Seller, if any. However, according to the Title Commitment, mineral and mining rights have been reserved.
B. Portion(s) of the Property may or may not be located in a flood zone.
C. It is the Purchaser’s responsibility to verify with any governing agency regarding requirements, guidelines, zoning, permits or regulations for any portion of the Property within its jurisdiction.
D. No guaranty or representation is made regarding any individual part of the property’s ability to pass a perc test.
E. AUCTION #1 – 75.91± acres: Tracts 1, 2 & 3 are located in the county and have no zoning. Tracts 4, 5 & 6 are located in the county with portions of these tracts also located within the city limits of Hollywood. These portions located within the city are zoned AG (agricultural) and the portions located in the county have no zoning.
F. AUCTION #1 – 75.91± acres: Some of the photographs were made prior to portions of the timber being harvested. Timber harvesting has been completed.
G. AUCTION #1 - TVA Spur: Tract 6 adjoins the TVA rail spur. It is the Purchaser’s responsibility to obtain TVA approval for access to the spur. Purchaser will be responsible to apply for and fill out any applications or permits for “Request of Use of TVA Power & Commercial Property (non-reservoir)” (posted online for review) prior to any access to the TVA spur. Neither Seller, TVA nor Auction Company makes any warranties or guarantees of access. Please contact TVA, Xxxx X. Xxxxxx, Xx. Program Manager, Realty Services, 000-000-0000, xxxxxxxx@xxx.xxx for further information prior to bidding.
PROPERTY DISCLOSURES. A. The Property is selling subject to all matters contained in the Certificate of Title (which is available for review) including all restrictions, zoning, rights-of-way, easements of record, and any other items of record.
B. Seller will convey all mineral, gas or oil rights applicable to the Property owned by Seller, if any.
C. Existing built-in appliances, washers, dryers and plantation shutters will remain.
D. The property is selling “AS IS, WHERE IS”.
E. Advertisement Correction: The total number of baths is 11.5 instead of 12.5.
F. The chandelier in the innkeeper’s dining/breakfast room will be removed and replaced.
