STATEMENT OF CONDITION. SELLER AND BUYER UNDERSTAND THAT THE LAW MAY REQUIRE SELLER TO DISCLOSE ANY KNOWN MATERIAL DEFECTS IN THE PROPERTY TO A PROSPECTIVE PURCHASER. THIS CONTRACT IS CONDITIONED UPON BUYER’S REVIEW AND APPROVAL OF ANY DISCLOSURES MADE BY SELLER PURSUANT TO THIS PARAGRAPH. BUYER ACKNOWLEDGES THAT NEITHER SELLER, NOR ANY PERSONS ACTING ON BEHALF OF SELLER, HAVE MADE ANY REPRESENTATIONS NOT SPECIFICALLY SET FORTH IN THIS CONTRACT. SELLER ACKNOWLEDGES A CONTINUING OBLIGATION TO UPDATE THESE DISCLOSURES THROUGH CLOSING.
a. If Paragraph 10(a) is checked, SELLER shall complete a separate disclosure form and return to BUYER for approval.
b. If Paragraph 10(b) is checked, SELLER makes the following representations: Except as disclosed in Paragraph 10(b), or in any attachment to this Contract, SELLER has no knowledge of: (a) the existence of problems in connection with or attempts to remove or otherwise deal with radon gas, ureaformaldehyde foam insulation, asbestos or any other potential health or environmental hazards in or affecting the Property; (b) any present or past uncorrected defects or problems in connection with, or significant repairs to: (i) the plumbing, electrical, ventilating, heating, sewer or septic, central or window air conditioning systems, equipment or units, if installed, or the other mechanical systems and equipment of the Property; (ii) the appliances sold as part of the Property; (iii) any foundation, slab, roof, fireplace, chimney, siding, windows, doors, ceilings, floors, exterior, interior and retaining walls, fences, decks, sidewalks or other structural components of the Property; (iv) insulation in the Property; (v) water leaking, drainage or flooding in or affecting the Property; (vi) termite or other wood destroying insects; or (vii) zoning, boundaries, encroachments or other similar matters that might be disclosed by a survey; (c) unrecorded assessments, code, ordinance or restriction violations or threatened or existing litigation affecting the Property or its use; or (d) any other material defects in, or problems in connection with, the Property which BUYER might reasonably consider in making the decision to buy the Property. Descriptions of repairs or inspections should include the date, nature and extent of repair, name(s) of person(s) performing the work, terms of any guarantee and any written documentation received.
STATEMENT OF CONDITION. If a security deposit is delivered to the landlord, they are required to provide a written statement of the condition of the premises in accordance with c. 186, § 15B(2)(c) of the General Laws of Massachusetts.
STATEMENT OF CONDITION. This offer is subject to SELLER’S disclosure and BUYER’S acknowledgment of any current or past uncorrected defects or problems in connection with, or significant repairs to the Property as provided in Standard Terms, Paragraph H and as indicated below by SELLER (check one):
a. Completed disclosure form to be returned to BUYER for approval OR b. SELLER makes the following disclosures. (ATTACH ADDITIONAL SHEETS IF NECESSARY).
STATEMENT OF CONDITION. At or prior to the commencement of the Lease Term, the Lessee has completed the Statement of Condition of the Premises attached hereto and incorporated herein.
STATEMENT OF CONDITION. From time to time as required by law, Beneficiary shall furnish to Trustor such statements as may be required by law concerning the condition of the obligations secured hereby. As a condition to Beneficiary’s obligation to issue any such statement, Trustor shall pay to Beneficiary such charge as Beneficiary has established for the issuance of such statements, or the maximum amount allowed by law for each such statement, if such amount is less than Beneficiary’s charge.
STATEMENT OF CONDITION. The Park District of Highland Park will maintain, for public and managerial inspection, current statements of condition for each financial institution named as depository. If, for any reason the information furnished is considered by the Finance Director to be insufficient, additional data may be requested. The refusal of any institution to provide such data upon request may serve as sufficient cause for the withdrawal of District funds.
STATEMENT OF CONDITION. Upon receipt of the Security Deposit, Tenant will be provided with a Statement of Condition, which contains a comprehensive list of all then-existing damage to the unit. If the Tenant deems the Statement of Condition is correct, then the Tenant must sign it and return it to the Landlord within fifteen (15) days of receipt. If the Tenant does not agree with the Statement of Condition, then they must submit a list of additional damage in writing to the Landlord within the fifteen-day period. If the Tenant fails to sign the Statement of Condition and/or send a list of additional damage to the Landlord, then their non-compliance may be viewed by the court as agreement to the completeness of the Landlord’s proposed Statement of Condition. If the Tenant submits a list of additional damage, then the Landlord has fifteen (15) days to sign off on the tenant’s list of additional damage or send a clear statement of disagreement to the tenant.
STATEMENT OF CONDITION. Beneficiary shall furnish any statement ---------------------- required by law regarding the obligations secured hereby or regarding the amounts held in any trust or reserve fund hereunder. For any such statement, Beneficiary may charge a reasonable fee, not to exceed the maximum amount permitted by law at the time of the request therefor.
STATEMENT OF CONDITION. Prior to the actual use of the accommodation or following major changes made during the rental period, both parties are required to draw up an extensive statement of condition with both parties present. If no initial statement of condition is provided by the landlord, the tenant is presumed to have received the property in the condition in which it is left, unless evidence to the contrary can be provided. The same provision applies if no final inventory check is made by the landlord at the end of the rental period. The statement of condition must be signed by both parties and will be attached to this agreement. The release of the deposit can be subject to signing the statement of condition at the end of the tenancy
STATEMENT OF CONDITION. This offer is subject to SELLER’S disclosure and BUYER’S acknowledgment of any current or past uncorrected defects or problems in connection with, or significant repairs to the Property as provided in Standard Terms, Paragraph H and as indicated below by SELLER (check one):
a. Completed disclosure form to be returned to BUYER for approval OR b. SELLER makes the following disclosures. (ATTACH ADDITIONAL SHEETS IF NECESSARY). __________________ ______________________________________________________________________________________________ ______________________________________________________________________________________________. BUYER HAS REVIEWED AND APPROVED THE DISCLOSURES MADE ABOVE OR IN ANY ATTACHMENT HERETO. SUBJECT TO BUYER’S RIGHT TO CONDUCT INSPECTIONS AS PROVIDED ELSEWHERE IN THIS CONTRACT (applies only if Paragraph 10-b is checked).
