Common Contracts
1 similar Purchase Agreement contracts
ADDENDUM TO PURCHASE AGREEMENT SOUTH CAROLINA STATE SPECIFIC TERMSPurchase Agreement • January 8th, 2021
Buyer acknowledges that the purchase of the Property may have resulted from a transfer made by a mortgagee who acquired the Property at a sale conducted pursuant to a foreclosure as described in S.C. Code Ann. § 27- 50-30(2) or a deed in lieu thereof, Seller/owner is exempt from requirements regarding the making of certain disclosures, including without limitation disclosures under the South Carolina Residential Property Condition Disclosure Statements (see S.C. Code Ann. §§ 27-50-10, et. seq.). In the event the foregoing exemption is not applicable, Seller and Buyer hereby agree not to complete the South Carolina Residential Property Condition Disclosure Statements pursuant to S.C. Code Ann. § 27-50-30(13). As a result, any rights Buyer may have had in connection with such Disclosure Statement under South Carolina law shall not be available. Further, regardless of how Seller obtained title, Seller is not familiar with the condition of the Property, other than as may be disclosed in an
