Common Contracts
1 similar Purchase Agreement contracts
ADDENDUM TO PURCHASE AGREEMENT CONNECTICUT STATE SPECIFIC TERMSPurchase Agreement • December 22nd, 2020
Buyer acknowledges that the purchase of the Property may have resulted from a transfer made by a beneficiary under a mortgage who acquired the Property at a sale conducted pursuant to a power of sale under a mortgage, or deed in lieu thereof, as described in Conn. Gen. Stat. § 20-327b. Therefore, Seller is exempt from requirements regarding the making of certain disclosures, including without limitation disclosures under the Uniform Property Condition Disclosure Act (see Conn. Gen. Stat. § 20-327, et. seq.) (the “Disclosure Act”). As a result, any rights Buyer may have had in connection with such Disclosure Act shall not be available including without limitation any right to terminate the Agreement under the Disclosure Act. Further, regardless of how Seller obtained title, Seller is not familiar with the condition of the Property, other than as may be disclosed in any inspection reports obtained by or on behalf of Seller, Seller’s representatives or agents or that Seller may have recei
