Common use of Property Inspection Contingency Clause in Contracts

Property Inspection Contingency. Subject to the terms of Paragraph 11, Xxxxx and Seller agree that the Property is being sold in its present, “AS IS” condition, with no warranties, expressed or implied, and that conditions of the Property that are visible on a reasonable inspection by the Buyer should either be taken into account by the Buyer in the Purchase Price, or the Buyer should make the correction of these conditions by Seller arequirement of the Contract; this provision shall survive Closing and delivery of Seller’s deed to the Buyer.

Property Inspection Contingency. Subject to the terms of Paragraph 11this Section 10, Xxxxx and Seller agree that the 58 Property is being sold in its present, “AS IS” condition, with no warranties, expressed or implied, and that 59 conditions of the Property that are visible on a reasonable inspection by the Buyer should either be taken into 60 account by the Buyer in the Purchase Price, or the Buyer should make the correction of these conditions by Seller arequirement 61 a requirement of the Contract; this provision shall survive Closing and delivery of Seller’s deed to the Buyer.