Common use of Required Lease Disclaimer Clause in Contracts

Required Lease Disclaimer. In the event Buyer leases the Unit, whether such lease is a long-term or short-term rental of the Unit, Xxxxx agrees to enter into a written agreement with all tenants which must include a disclaimer in substantially the following form: Each tenant acknowledges that the Unit is located in an area zoned for a mix of different uses, that there are sources of noise from properties adjacent to, or in the vicinity of, the Unit, that such nearby properties will have noise impacts of various kinds, and that tenant may be disturbed by the noise, commotion, and other unpleasant effects of such nearby properties and mixed uses, including, but not limited to, nearby construction activity, noise from nearby industry, and other noise impacts based on the location of the Unit. Buyer shall indemnify and hold Seller harmless from and against any claims by a tenant for disruption of their use and enjoyment of the Unit by virtue of the matters set forth in this section. This Section 10.7 shall survive the Closing and delivery of the Deed.

Required Lease Disclaimer. In the event Buyer leases the Unit, whether such lease is a long-term or short-term rental of the Unit, Xxxxx Buyer agrees to enter into a written agreement with all tenants which must include a disclaimer in substantially the following form: Each tenant acknowledges that the Unit is located in an area zoned for a mix of different uses, that there are sources of noise from properties adjacent to, or in the vicinity of, the Unit, that such nearby properties will have noise impacts of various kinds, and that tenant may be disturbed by the noise, commotion, and other unpleasant effects of such nearby properties and mixed uses, including, but not limited to, nearby construction activity, noise from nearby industry, and other noise impacts based on the location of the Unit. Buyer shall indemnify and hold Seller harmless from and against any claims by a tenant for disruption of their use and enjoyment of the Unit by virtue of the matters set forth in this section. This Section 10.7 shall survive the Closing and delivery of the Deed.