Common Contracts
1 similar Purchase Agreement contracts
ADDENDUM TO PURCHASE AGREEMENT VIRGINIA STATE SPECIFIC TERMSPurchase Agreement • October 28th, 2020
Buyer acknowledges that the purchase of the Property may have resulted from a transfer made by a beneficiary of a deed of trust pursuant to a foreclosure sale or by a deed in lieu of foreclosure, or from a transfer made by a beneficiary under a deed of trust who has acquired the Property at a sale conducted pursuant to a foreclosure sale under a deed of trust or has acquired the Property by a deed in lieu of foreclosure, as described in the Virginia Residential Disclosure Act (see Va. Code Ann. § 55-517, et. seq.) (the “Disclosure Act”). Therefore, Seller is exempt from requirements regarding the making of certain disclosures, including without limitation disclosures pursuant to 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
