Buyer agrees to satisfy themselves of property boundaries
either by survey, Seller?s personal indication of actual corners or by determining
same themselves using plat plan as indicator. Buyer holds Broker harmless
from representation of property lines or corners. Dissatisfaction of property
boundary location to be provided to Seller or Seller?s agent in writing on
or before (Item 10. INSPECTION. Same Day as Inspection Objection Deadline)
or this condition shall be considered waived.
-- WALK-THRU: Buyer shall be allowed to enter the property within twenty-four
(24) hours prior to closing. If the property is discovered by the Buyer to
have incurred damage (ordinary wear and tear excepted) between the time of
contract acceptance and closing, then Seller agrees to return the property
to the condition as of the time of contract acceptance (subject to any agreement
made between the Seller and Buyer pursuant to Section 10, Inspection) or escrow
an amount appropriate to cover the cost of repair or replacement. If such
item is not repaired or replaced, Buyer shall be entitled to the escrowed monies.
-- SQUARE FOOTAGE: The square footage represented is generally the amount
shown in the county records or
An amount determined by the listing agent and/or the Seller and is approximate.
Buyer should verify this amount using experts of their own choosing, complying
with the dates of inspection.
-- EARNEST MONEY: Broker and their Agents assume no responsibility for
payment of checks or notes received as earnest money deposits and/or part payment
of purchase price.
-- LICENSED PROFESSIONALS: REMAX Alliance and its agents have been consulted
only for marketing and
Sales negotiations. Buyer and Seller have been advised to seek the advise
of licensed professionals, (ex. attorneys, appraisers, contractors, engineers,
property inspectors, environmental hazard and radon gas experts, etc.) for all other information related to this real estate transaction.
-- RADON INSPECTION: This contract is conditioned
upon Buyer, at Buyer?s option, paying for and receiving a Radon Test on subject
property by Inspection Deadline Date. If the Radon reading exceeds four (4)
Pico curies per liter (EPA Standard), and if the Buyer and Seller do not reach
an agreement, by the contracts Inspection Objection Deadline Date, as to acceptable
steps to mitigate to reduce such reading, then this contract shall be considered
null and void and all earnest monies will be returned to the Buyer.
-- FLOOD PLAIN AND FLOOD INSURANCE: Buyers are hereby advised by Broker
to verify with the proper city
or county authorities whether any portion of any property they intend to purchase
lies within a flood plain. Buyers are further hereby advised not to rely on
representations made by any party other than said city or county authority.
Should any portion of said property lie within a flood plain, Buyers acknowledge
they have been advised by the Broke that their Lender may require flood insurance
and that in any event, they should check into the availability of flood insurance
with an insurance expert of their own choosing.
-- LOAN APPROVAL: Loan approval as it applies to Paragraph 5. FINANCING
CONDITIONS AND OBLIGATIONS shall mean full loan approval with no conditions.