Common use of Seller Authorizations, Acknowledgments, Representations and Obligations Clause in Contracts

Seller Authorizations, Acknowledgments, Representations and Obligations. (a) Sellers warrants that the Property information provided in the form submitted to Broker by Seller is true and accurate to the best of Seller’s knowledge; (b) No Notice of Default has been recorded against the Property; (c) There are no delinquent amounts due under any loan secured by, or other obligations affecting, the Property; (d) There is no bankruptcy, insolvency or similar proceeding affecting the Property; (e) There is no litigation, arbitration, administrative action, government investigation or other pending or threatened action that affects or may affect the Property or Seller’s ability to transfer it; (f) There are no current, pending or proposed special assessments affecting the Property; (g) There are no building code violations, pending code citations or unobservable defects on the Property; (h) Sellers grants Broker a non-exclusive, royalty-free license to use, sublicense, publish, display and reproduce any photographs, images, graphics, video recordings, virtual tours, drawings, diagrams, written descriptions, remarks, narratives, pricing information, and other copyrightable elements of or relating to the Property provided by Seller to Broker (“Seller Listing Content”), and to prepare derivative works of the Seller Listing Content, and to reproduce, submit to the MLS, distribute, and publicly display the Seller Listing Content or any derivative works thereof. Seller represents and warrants to Broker that the Seller Listing Content, and the license granted to Broker for the Seller Listing Content, do not violate or infringe upon the rights, including any copyright rights, or any person or entity; (i) Seller authorizes and directs the Cooperating Broker to submit all offers for the Property to Seller; (j) Seller agrees that Seller shall make all legally required disclosures, including all facts that materially and adversely affect the value of the Property, which are not readily observable. Seller shall provide a property disclosure statement to potential purchasers and to Cooperating Broker, unless instructed differently by Seller’s attorney. Seller is entirely responsible and liable for the accuracy and completeness of the disclosures made therein;

Seller Authorizations, Acknowledgments, Representations and Obligations. (a) Sellers warrants that the Property information provided in the form submitted to Broker by Seller is true and accurate to the best of Xxxxxx’s knowledge; Seller’s knowledge;Initials Seller’s Initials Seller’s Initials Seller’s Initials Seller’s Initials Seller’s Initials (b) No Notice of Default has been recorded against the Property; (c) There are no delinquent amounts due under any loan secured by, or other obligations affecting, the Property; (d) There is no bankruptcy, insolvency or similar proceeding affecting the Property; (e) There is no litigation, arbitration, administrative action, government investigation or other pending or threatened action that affects or may affect the Property or Seller’s ability to transfer it; (f) There are no current, pending or proposed special assessments affecting the Property; (g) There are no building code violations, pending code citations or unobservable defects on the Property; (h) Sellers grants Broker a non-exclusive, royalty-free license to use, sublicense, publish, display and reproduce any photographs, images, graphics, video recordings, virtual tours, drawings, diagrams, written descriptions, remarks, narratives, pricing information, and other copyrightable elements of or relating to the Property provided by Seller to Broker (“Seller Listing Content”), and to prepare derivative works of the Seller Listing Content, and to reproduce, submit to the MLS, distribute, and publicly display the Seller Listing Content or any derivative works thereof. Seller represents and warrants to Broker that the Seller Listing Content, and the license granted to Broker for the Seller Listing Content, do not violate or infringe upon the rights, including any copyright rights, or any person or entity; (ic) Seller authorizes and directs the Cooperating Broker to submit all offers for the Property to SellerSELLER; (jd) Seller agrees that Seller shall make all legally required disclosures, including all facts that materially and adversely affect the value of the Property, which are not readily observable. Seller shall provide a property disclosure statement required Property Condition Disclosure Statements to potential purchasers and to Cooperating Broker, unless instructed differently by SellerXxxxxx’s attorney. Seller SELLER is entirely responsible and liable for the accuracy and completeness of the disclosures made therein, and may be liable to provide a credit, or the ability to cancel to the buyer if not provided before offer is made; (e) Seller represents and warrants that he/she/it has received a copy of the “Disclosure Regarding Real Estate Agency Relationships”; (f) Seller represents and warrants to Broker that Seller is not under contract with or otherwise utilizing the services of any other licensed real estate broker or agent in connection with the Property; (g) Xxxxxx agrees to submit a fully executed “Sales Contract”, Lead Paint Disclosure and “Status Change” form to Broker within 24 hours after both parties have signed the purchase and sale agreement. In addition, the “HUD or Settlement Statement” (which is given to the Seller by the attorney upon closing) must be emailed to Broker within 24 hours of closing in order to close out your file with Broker. Seller understands that sale information, including price, will be updated on MLS database. Failure to do this may result in a monetary fine issued by the MLS. Any and all such fines shall be paid by Seller immediately upon demand; (h) Seller agrees to require all visitors who see the interior of the Property without the assistance of a Cooperating Broker to sign a visitor’s log. This log shall be created and retained by Seller until six (6) months after the transfer of title or expiration of this Agreement, whichever occurs later. If the prospective purchaser answers “yes” to working with an Agent (on the sign-in log), it is further understood by Seller that a Cooperating Broker is entitled to a commission if the Property is sold to that buyer. If the prospective purchaser answers “no”, that purchaser could still choose to be represented by a Cooperating Broker in a number of different circumstances, including, but not limited to, returning to the Property with a Cooperating Broker and/or having an offer presented on his/her behalf by a Cooperating Broker. In such cases, a commission would be due and payable by Seller;

Seller Authorizations, Acknowledgments, Representations and Obligations. (a) Sellers warrants that the Property information provided in the form submitted to Broker by Seller is true and accurate to the best of Seller’s knowledge;; Seller’s Initials Seller’s Initials Seller’s Initials Seller’s Initials Seller’s Initials Seller’s Initials (b) No Notice of Default has been recorded against the Property; (c) There are no delinquent amounts due under any loan secured by, or other obligations affecting, the Property; (d) There is no bankruptcy, insolvency or similar proceeding affecting the Property; (e) There is no litigation, arbitration, administrative action, government investigation or other pending or threatened action that affects or may affect the Property or Seller’s ability to transfer it; (f) There are no current, pending or proposed special assessments affecting the Property; (g) There are no building code violations, pending code citations or unobservable defects on the Property; (h) Sellers grants Broker a non-exclusive, royalty-free license to use, sublicense, publish, display and reproduce any photographs, images, graphics, video recordings, virtual tours, drawings, diagrams, written descriptions, remarks, narratives, pricing information, and other copyrightable elements of or relating to the Property provided by Seller to Broker (“Seller Listing Content”), and to prepare derivative works of the Seller Listing Content, and to reproduce, submit to the MLS, distribute, and publicly display the Seller Listing Content or any derivative works thereof. Seller represents and warrants to Broker that the Seller Listing Content, and the license granted to Broker for the Seller Listing Content, do not violate or infringe upon the rights, including any copyright rights, or any person or entity; (ic) Seller authorizes and directs the Cooperating Broker to submit all offers for the Property to SellerSELLER; (jd) Seller agrees that Seller shall make all legally required disclosures, including all facts that materially and adversely affect the value of the Property, which are not readily observable. Seller shall provide a property disclosure statement required Property Condition Disclosure Statements to potential purchasers and to Cooperating Broker, unless instructed differently by Seller’s attorney. Seller SELLER is entirely responsible and liable for the accuracy and completeness of the disclosures made therein, and may be liable to provide a credit, or the ability to cancel to the buyer if not provided before offer is made; (e) Seller represents and warrants that he/she/it has received a copy of the “Disclosure Regarding Real Estate Agency Relationships”; (f) Seller represents and warrants to Broker that Seller is not under contract with or otherwise utilizing the services of any other licensed real estate broker or agent in connection with the Property; (g) Seller agrees to submit a fully executed “Sales Contract”, Lead Paint Disclosure and “Status Change” form to Broker within 24 hours after both parties have signed the purchase and sale agreement. In addition, the “HUD or Settlement Statement” (which is given to the Seller by the attorney upon closing) must be emailed to Broker within 24 hours of closing in order to close out your file with Broker. Seller understands that sale information, including price, will be updated on MLS database. Failure to do this may result in a monetary fine issued by the MLS. Any and all such fines shall be paid by Seller immediately upon demand; (h) Seller agrees to require all visitors who see the interior of the Property without the assistance of a Cooperating Broker to sign a visitor’s log. This log shall be created and retained by Seller until six (6) months after the transfer of title or expiration of this Agreement, whichever occurs later. If the prospective purchaser answers “yes” to working with an Agent (on the sign-in log), it is further understood by Seller that a Cooperating Broker is entitled to a commission if the Property is sold to that buyer. If the prospective purchaser answers “no”, that purchaser could still choose to be represented by a Cooperating Broker in a number of different circumstances, including, but not limited to, returning to the Property with a Cooperating Broker and/or having an offer presented on his/her behalf by a Cooperating Broker. In such cases, a commission would be due and payable by Seller;

Seller Authorizations, Acknowledgments, Representations and Obligations. (a) Sellers warrants that the Property information provided in the form submitted to Broker by Seller is true and accurate to the best of Xxxxxx’s knowledge; Seller’s knowledge;Initials Seller’s Initials Seller’s Initials Seller’s Initials Vk Seller’s Initials Seller’s Initials (b) No Notice of Default has been recorded against the Property; (c) There are no delinquent amounts due under any loan secured by, or other obligations affecting, the Property; (d) There is no bankruptcy, insolvency or similar proceeding affecting the Property; (e) There is no litigation, arbitration, administrative action, government investigation or other pending or threatened action that affects or may affect the Property or Seller’s ability to transfer it; (f) There are no current, pending or proposed special assessments affecting the Property; (g) There are no building code violations, pending code citations or unobservable defects on the Property; (h) Sellers grants Broker a non-exclusive, royalty-free license to use, sublicense, publish, display and reproduce any photographs, images, graphics, video recordings, virtual tours, drawings, diagrams, written descriptions, remarks, narratives, pricing information, and other copyrightable elements of or relating to the Property provided by Seller to Broker (“Seller Listing Content”), and to prepare derivative works of the Seller Listing Content, and to reproduce, submit to the MLS, distribute, and publicly display the Seller Listing Content or any derivative works thereof. Seller represents and warrants to Broker that the Seller Listing Content, and the license granted to Broker for the Seller Listing Content, do not violate or infringe upon the rights, including any copyright rights, or any person or entity; (ic) Seller authorizes and directs the Cooperating Broker to submit all offers for the Property to SellerSELLER; (jd) Seller agrees that Seller shall make all legally required disclosures, including all facts that materially and adversely affect the value of the Property, which are not readily observable. Seller shall provide a property disclosure statement required Property Condition Disclosure Statements to potential purchasers and to Cooperating Broker, unless instructed differently by SellerXxxxxx’s attorney. Seller SELLER is entirely responsible and liable for the accuracy and completeness of the disclosures made therein, and may be liable to provide a credit, or the ability to cancel to the buyer if not provided before offer is made; (e) Seller represents and warrants that he/she/it has received a copy of the “Disclosure Regarding Real Estate Agency Relationships”; (f) Seller represents and warrants to Broker that Seller is not under contract with or otherwise utilizing the services of any other licensed real estate broker or agent in connection with the Property; (g) Xxxxxx agrees to submit a fully executed “Sales Contract”, Lead Paint Disclosure and “Status Change” form to Broker within 24 hours after both parties have signed the purchase and sale agreement. In addition, the “HUD or Settlement Statement” (which is given to the Seller by the attorney upon closing) must be emailed to Broker within 24 hours of closing in order to close out your file with Broker. Seller understands that sale information, including price, will be updated on MLS database. Failure to do this may result in a monetary fine issued by the MLS. Any and all such fines shall be paid by Seller immediately upon demand; (h) Seller agrees to require all visitors who see the interior of the Property without the assistance of a Cooperating Broker to sign a visitor’s log. This log shall be created and retained by Seller until six (6) months after the transfer of title or expiration of this Agreement, whichever occurs later. If the prospective purchaser answers “yes” to working with an Agent (on the sign-in log), it is further understood by Seller that a Cooperating Broker is entitled to a commission if the Property is sold to that buyer. If the prospective purchaser answers “no”, that purchaser could still choose to be represented by a Cooperating Broker in a number of different circumstances, including, but not limited to, returning to the Property with a Cooperating Broker and/or having an offer presented on his/her behalf by a Cooperating Broker. In such cases, a commission would be due and payable by Seller;