Property Acceptance Sample Clauses
The Property Acceptance clause defines the process by which a buyer formally acknowledges that a property meets the agreed-upon standards or conditions. Typically, this involves the buyer conducting inspections or walkthroughs, after which they must notify the seller of any defects or confirm acceptance within a specified timeframe. This clause ensures that both parties are clear on when the buyer has accepted the property as-is, thereby limiting future disputes over property condition and establishing a clear point at which the risk and responsibility for the property transfer to the buyer.
Property Acceptance. Lessee hereby certifies and represents to Lessor that the Property referenced in the Agreement has been acquired, made, delivered, installed and accepted as of the date indicated below. Lessee has conducted such inspection and/or testing of the Property as it deems necessary and appropriate and hereby acknowledges that it accepts the Property for all purposes. Lessee will immediately begin making Lease Payments in accordance with the times and amounts specified herein. ▇▇▇▇▇▇ MAKES NO (AND SHALL NOT BE DEEMED TO HAVE MADE ANY) WARRANTIES, EXPRESS OR IMPLIED, AS TO ANY MATTER WHATSOEVER, INCLUDING, WITHOUT LIMITATION, THE DESIGN, OPERATION OR CONDITION OF, OR THE QUALITY OF THE MATERIAL, EQUIPMENT OR WORKMANSHIP IN, THE PROPERTY, ITS MERCHANTABILITY OR ITS FITNESS FOR ANY PARTICULAR PURPOSE, THE STATE OF TITLE THERETO OR ANY COMPONENT THEREOF, THE ABSENCE OF LATENT OR OTHER DEFECTS (WHETHER OR NOT DISCOVERABLE), AND LESSOR HEREBY DISCLAIMS THE SAME; IT BEING UNDERSTOOD THAT THE PROPERTY IS LEASED TO LESSEE "AS IS" ON THE DATE OF THIS AGREEMENT OR THE DATE OF DELIVERY, WHICHEVER IS LATER, AND ALL SUCH RISKS, IF ANY, ARE TO BE BORNE BY ▇▇▇▇▇▇.
Property Acceptance. Tenants accept property in “as-is” condition and agree to notify Landlord of any dangers, hazards, or repairs that may arise.
Property Acceptance a. Destin Palms strives to have a 5 Star guest Satisfactory Rate. That being said, our inspectors and cleaners (while wonderful) are human and cannot catch every issue 100% of the time. Upon arrival, guest agrees to immediately inspect the property and report any housekeeping issues (so they may be corrected without delay) or damages above normal wear and tear (so guest is not held responsible upon departure).