SELLER DISCLOSURE Sample Clauses

SELLER DISCLOSURE. Seller knows of no facts materially affecting the value of the Real Property which are not readily observable and which have not been disclosed to Buyer. Except as provided for in the preceding sentence, Seller extends and intends no warranty and makes no representation of any type, either express or implied, as to the physical condition or history of the Property. Except as otherwise disclosed in writing Seller has received no written or verbal notice from any governmental entity or agency as to a currently uncorrected building, environmental or safety code violation.
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SELLER DISCLOSURE. Neither Purchaser nor Guarantor has received or relied upon any representation, warranty or guarantee, whether oral or written or express or implied, as to the potential value, volume, profits or success of the Business or any Restaurant. Purchaser and Guarantor have previously received from Seller a copy of the current Wendy’s International, Inc. Franchise Disclosure Document with a receipt attached thereto and Purchaser has signed, dated and delivered to WII such receipt.
SELLER DISCLOSURE. Seller acknowledges that Seller is bound by the provisions, obligations and penalties of the Michigan Seller’s Disclosure Act. Seller further acknowledges that Seller is required to provide Broker or prospective Buyer or Buyer’s Agent a written Seller’s Disclosure Statement before the execution of a binding Buy and Sell Agreement. Seller shall provide updated Seller’s Disclosure Statement if required by law. Seller acknowledges and understands that failure to provide a prospective Buyer a signed Seller’s Disclosure Statement may enable Buyer to terminate an otherwise binding Buy and Sell Agreement prior to the close of sale. In addition, Seller acknowledges and understands that in the event Seller provides the Seller’s Disclosure Statement after entering an otherwise binding Buy and Sell Agreement, a prospective Buyer may terminate the Buy and Sell Agreement by delivering written notice to the Seller within 72 hours after delivery of the Seller’s Disclosure Statement in person, or within 120 hours after delivery of a Seller’s Disclosure Statement by registered mail. Seller further acknowledges that if Xxxxxx becomes aware of any material defects in The Property, Broker is hereby authorized to disclose same to Buyer.
SELLER DISCLOSURE. Seller knows of no facts materially affecting the value of the Real Property which are 198 not readily observable and which have not been disclosed to Buyer. 199 PROPERTY MAINTENANCE, CONDITION, INSPECTIONS AND EXAMINATIONS
SELLER DISCLOSURE. Seller knows of no facts materially affecting the value of the Real Property which are 285 not readily observable and which have not been disclosed to Buyer. Except as provided for in the preceding 286 sentence, Seller extends and intends no warranty and makes no representation of any type, either express or 287 implied, as to the physical condition or history of the Property. Except as otherwise disclosed in writing Seller 288 has received no written or verbal notice from any governmental entity or agency as to a currently uncorrected 289 building, environmental or safety code violation. 290 PROPERTY MAINTENANCE, CONDITION, INSPECTIONS AND EXAMINATIONS
SELLER DISCLOSURE. Seller agrees to provide the buyer a “Seller’s Disclosure Statementprior to accepting a Buy and Sell Agreement from the buyer, unless the transaction is exempt under Michigan law. Seller agrees to indemnify and hold harmless Brokerage Firm and its agents and cooperating agents, from any liability arising as a result of Seller’s failure to comply with Seller’s disclosure obligations at law, including, but not limited to, reasonable attorneysfees and costs.
SELLER DISCLOSURE. Seller knows of no facts materially affecting the value of the Real Property which are 185 not readily observable and which have not been disclosed to Buyer. Except as stated in the preceding sentence 186 or otherwise disclosed in writing: (1) Seller has received no written or verbal notice from any governmental 187 entity or agency as to a currently uncorrected building, environmental or safety code violation; and (2) Seller 188 extends and intends no warranty and makes no representation of any type, either express or implied, as to the 189 physical condition or history of the Property. 190 PROPERTY MAINTENANCE, CONDITION, INSPECTIONS AND EXAMINATIONS
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SELLER DISCLOSURE. Seller agrees to promptly notify Buyer in writing in the event that Seller ceases to carry any director and officer liability insurance.
SELLER DISCLOSURE. (1) There are no facts known to Seller materially affecting the value of the Property which are not readily observable by Buyer or
SELLER DISCLOSURE. Seller is a licensed real estate agent in the State of 129 Missouri. 130
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