Common use of Condominium Documents Clause in Contracts

Condominium Documents. BUYER represents to the SELLER that the BUYER has examined or will examine the Documents described above, and is purchasing the Condominium Unit as represented. The BUYER acknowledges that they are relying only on the printed material presented to them and not on any statements of any nature made by a DESIGNATED AGENT/BROKER or otherwise, including but not limited to statements relating to the physical condition of the buildings or the Condominium Units, the size or dimensions thereof or the rooms therein contained, or any other physical characteristics thereof, the building services, or the estimated common expenses allocable to the Condominium Unit. No person has been authorized to make any representation on behalf of the SELLER except as herein set forth in the Documents mentioned above. BUYER is granted until 5 p.m. on (date) to examine these Documents (not less than 5 days on any re‐sale or not less than 15 days on initial sale of individual units). During this period of examination, if BUYER does not accept said conditions, BUYER may withdraw from this Agreement without penalty, provided written notice is delivered to SELLER’S DESIGNATED AGENT prior to the expiration date specified herein. If this Agreement becomes null and void, due to BUYER withdrawing from this Agreement, all parties agree to execute and sign a cancellation of the Agreement to authorize the return of BUYER’S deposit in full. After the expiration of the time specified herein, without said written objection having been delivered to SELLER’S DESIGNATED AGENT, BUYER shall be conclusively presumed to have accepted all terms and conditions of the documents referenced above. Buyer’s Signature Buyer’s Signature Print Name Print Name Date Time AM/PM Date Time AM/PM Seller’s Signature Seller’s Signature Print Name Print Name

Appears in 2 contracts

Samples: Louisiana Residential Agreement, Louisiana Residential Agreement

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Condominium Documents. BUYER represents to the SELLER that the BUYER has examined or will examine the Documents described above, and is purchasing the Condominium Unit as represented. The BUYER acknowledges that they are relying only on the printed material presented to them and not on any statements of any nature made by a DESIGNATED AGENT/BROKER or otherwise, including but not limited to statements relating to the physical condition of the buildings or the Condominium Units, the size or dimensions thereof or the rooms therein contained, or any other physical characteristics thereof, the building services, or the estimated common expenses allocable to the Condominium Unit. No person has been authorized to make any representation on behalf of the SELLER except as herein set forth in the Documents mentioned above. BUYER XXXXX is granted until 5 p.m. on (date) to examine these Documents (not less than 5 days on any re‐sale or not less than 15 days on initial sale of individual units). During this period of examination, if BUYER does not accept said conditions, BUYER may withdraw from this Agreement without penalty, provided written notice is delivered to SELLER’S DESIGNATED AGENT prior to the expiration date specified herein. If this Agreement becomes null and void, due to BUYER withdrawing from this Agreement, all parties agree to execute and sign a cancellation of the Agreement to authorize the return of BUYER’S deposit in full. After the expiration of the time specified herein, without said written objection having been delivered to SELLER’S DESIGNATED AGENT, BUYER shall be conclusively presumed to have accepted all terms and conditions of the documents referenced above. Buyer’s Signature Buyer’s Signature Print Name Print Name Date Time AM/PM Date Time AM/PM Seller’s Signature Seller’s Signature Print Name Print NameName Date Time AM/PM Date Time AM/PM

Appears in 1 contract

Samples: lrec.gov

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Condominium Documents. BUYER represents Prior to commencement of construction of the Included Improvements, Seller shall deliver to Buyer drafts the Declaration of Covenants, Conditions and Restrictions for the Master Condominium (the "Master Declaration"), the Condominium Plat for the Master Condominium ("Master Plat"), and the Articles of Incorporation and Bylaws for the Master Condominium association (collectively, the "Master Association Documents"), to be formed pursuant to the SELLER terms of the Master Declaration, and the Declaration of Covenants, Conditions and Restrictions for each Condominium (the "Declaration"), the Condominium Plat for each Condominium ("Plat"), and the Articles of Incorporation ("Articles") and Bylaws ("Bylaws") for the each respective Condominium association (collectively, the "Association"), to be formed pursuant to the terms of the Declaration (collectively, the Master Declaration, Master Plat, Master Association Documents, Declaration, Plat, Articles of Incorporation, Bylaws and the Shell Space Criteria described in and any rules, regulations adopted pursuant to the Declaration or the Master Declaration are referred to herein as the "Condominium Documents"). Buyer shall have the right to review the Condominium Documents and may provide commercially reasonable objections to any provision of any Condominium Documents that Buyer determines will adversely affect the BUYER has examined use, management or will examine operation of the respective Unit for Buyer's intended purpose. Buyer shall provide written notice of such objection to Seller on or before twenty (20) business days after the date of Buyer's receipt of the last Condominium Document for each respective Condominium, said notice to specify in reasonable detail any matter to which Buyer objects. If Buyer gives any notice of objection to any matter contained in the Condominium Documents, then Seller shall, within ten (10) days after the date such notice of objection is given, either (i) resubmit such Condominium Documents described with the appropriate revisions requested by Buyer duly made or (ii) provide notice to Buyer of its refusal to make any such change. In the event Seller fails to provide notice under subsection (ii) above, and is purchasing Seller will be deemed to have elected not to modify the Condominium Unit as representedDocuments. The BUYER acknowledges that they are relying only on In the printed material presented to them and not on any statements of any nature made by a DESIGNATED AGENT/BROKER or otherwise, including but not limited to statements relating to the physical condition event Buyer approves of the buildings or the Condominium UnitsDocuments pursuant to this Section 4, the size or dimensions thereof or the rooms therein contained, or Seller will provide Buyer with any other physical characteristics thereof, the building services, or the estimated common expenses allocable proposed changes to the Condominium UnitDocuments for Buyer's approval. No person has been authorized to make any representation on behalf of the SELLER except as herein set forth in the Documents mentioned above. BUYER is granted until 5 p.m. on (date) to examine these Documents (not less than 5 days on any re‐sale or not less than 15 days on initial sale of individual units). During this period of examination, if BUYER If Buyer does not accept said conditionsapprove the Condominium Documents or any changes to any previously approved Condominium Documents, BUYER Buyer may withdraw from terminate its obligations under this Agreement without penalty, provided written notice is delivered to SELLER’S DESIGNATED AGENT prior to the expiration date specified herein. If this Agreement becomes null and void, due to BUYER withdrawing from this Agreement, all parties agree to execute and sign a cancellation of the Agreement to authorize the return of BUYER’S deposit in full. After the expiration of the time specified herein, without said written objection having been delivered to SELLER’S DESIGNATED AGENT, BUYER shall be conclusively presumed to have accepted all terms and conditions of the documents referenced above. Buyer’s Signature Buyer’s Signature Print Name Print Name Date Time AM/PM Date Time AM/PM Seller’s Signature Seller’s Signature Print Name Print Nameaccordance with Section 22 below.

Appears in 1 contract

Samples: Purchase Agreement and Escrow Instructions (Glimcher Realty Trust)

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