Common Contracts

1 similar Purchase Agreement contracts

ADDENDUM TO PURCHASE AGREEMENT DELAWARE STATE SPECIFIC TERMS
Purchase Agreement • October 13th, 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 foreclosure under a mortgage, or deed in lieu thereof. Consequently, Seller lacks the knowledge of the Property a seller is contemplated to have to be able to provide Buyer with disclosures related to the condition of the Property required by the Delaware Buyer Property Protection Act (see Del. Code tit. 25 §§ 2570 et. seq.) Seller’s good faith effort to provide disclosures related to the condition of the Property required by the Delaware Buyer Property Protection Act. Given Seller’s lack of knowledge of the Property, Buyer, on behalf of itself and all other parties having any Claims, agrees that with respect to any Claim asserted by Buyer or any such other party for breach of contract based on the disclosures or any other alleged violation by Seller or any other party engaged on Seller’s behalf, includ

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