Property Sold. “As Is”. Purchaser agrees to accept the Property at Settlement in its present physical condition. No representations or warranties are made as to zoning, structural integrity, physical condition, environmental condition, construction, workmanship, materials, habitability, fitness for a particular purpose, or merchantability of all or any part of the Property.
Property Sold. “As Is.” All parties agree that Property is being sold “as is,” with all faults including but not limited to damage from termites and other wood destroying organisms and lead-based paint and lead-based paint hazards. Seller shall have no obligation to make any repairs or replacements to Property.
Property Sold. “As-Is”. Except as may be expressly provided in this Agreement, it is acknowledged that Seller and its employees, agents, representatives, brokers and attorneys have not made, nor has Buyer relied on, any statements, materials, representations, or warranties, express or implied, of Seller or its employees, agents, representatives, brokers and attorneys. Buyer acknowledges and agrees that it is relying solely on its own examination, inspection and investigation of the condition of the Property including, without limitation, the surface and subsurface thereof, all soil, engineering, environmental and other conditions which may affect the Property, any construction thereof, its zoning and use, its value, the development thereof and title, all as deemed necessary or appropriate, and Buyer is entering into this Agreement and purchasing the Property based upon the results of such inspections and investigations and not in reliance on any statements, representations or agreements of Seller not expressly contained in this Agreement. As a result, it is specifically acknowledged and agreed that Buyer is acquiring the Property “AS IS, WHERE IS.”
Property Sold. “AS IS”. PURCHASER ACKNOWLEDGES AND AGREES THAT EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT AND ANY OF THE DOCUMENTS DELIVERED AT CLOSING BY SELLER, (A) THE PURCHASE OF THE PROPERTY SHALL BE ON AN “AS IS”, “WHERE IS”, “WITH ALL FAULTS” BASIS, SUBJECT TO WEAR AND TEAR FROM THE EFFECTIVE DATE UNTIL CLOSING, AND (B) NEITHER SELLER NOR ANY OTHER SELLER ENTITY HAS ANY OBLIGATION TO REPAIR ANY DAMAGE TO OR DEFECT IN THE PROPERTY, REPLACE ANY OF THE PROPERTY OR OTHERWISE REMEDY ANY MATTER AFFECTING THE CONDITION OF THE PROPERTY.
Property Sold. The seller sells to the purchaser who purchases: Portion of Erf 2671 Eye of Africa Extension 1 Township Registration Division IR Province of Gauteng Measuring square metres as indicated on the annexed General Plan of subdivision S.G. No. 5854/2014 marked Annexure "A" ("the property") which property has been improved by the construction of a dwelling house thereon ("the dwelling house").
Property Sold. The Purchaser hereby agrees to purchase, and the Seller hereby agrees to sell the following described real estate in Xxxxx County, Washington commonly known as Parcel No. 908602885 in SE¼ of Sec 33, T5N, RlE, WM (“Phase 4”), and legally described in the attached Exhibit A (hereinafter the “Property”). The parties hereby authorize the closing agent to correct any errors in the legal description. All fixtures (if any) shall be considered as part of the Property to be conveyed. There is no personal property included in the sale.
Property Sold. “As Is.” Purchaser hereby acknowledges that (i) in many instances Seller acquired the Property through the receivership of a failed financial institution and, accordingly, has little or no familiarity with the Property, and (ii) Purchaser is purchasing and Seller is selling the Property in an “AS IS” condition without representations or warranties of any kind or nature. Purchaser hereby further acknowledges for itself and its successors, heirs and assigns that Purchaser has been given a reasonable opportunity to inspect and investigate the Property and all improvements thereon either independently or through agents of Purchaser’s choosing, and that in purchasing the Property, Purchaser is not relying on Seller or its agents as to the condition of the Property and/or any improvements thereon, including, but not limited to, the roof, foundation, soils, electrical, plumbing, heating, basement, mechanical systems, water or septic systems, geology, lot size, the existence of termites or other wood destroying insects, the presence of radon or any hazardous substances, or mold, or whether or not the Property is located in a flood zone, or whether the Property conforms to local ordinances or regulations, including zoning or the suitability of the Property for its particular use, or whether or not the Property is in compliance with any city, county, state and/or federal statutes, codes or ordinances. Purchaser is not relying on Seller or its agents as to the condition of the Property and/or any improvements thereon, including, but not limited to, each and all of the foregoing. The Property is accepted without representation or warranty of any kind or nature and in an “AS IS” condition based solely on Purchaser’s own inspection thereof. Purchaser hereby acknowledges and agrees that the Purchase Price of the Property, arrived at by Purchaser’s high bid thereon at an outcry auction event, reflects the value of the Property “AS IS,” including, without limitation, each and all of the foregoing matters set forth in this Section 1.2.
Property Sold. (a) The term of the Lease for any Item of Property shall end on the date such Item of Property is sold, exchanged or otherwise disposed of pursuant to Sections 5.02, 5.05 and 5.08(c), but there shall be no abatement, reduction, adjustment or other change in Rent payable pursuant to this Lease as a result of such sale, exchange or other disposal, except as otherwise expressly provided in the Lease; provided, that with respect to exchanges of Property made pursuant to Section 5.05, the term of the Lease with respect to any Replacement Property (as defined below) shall commence on the date the Item of Property which it replaces is exchanged.