Purchaser acknowledges and agrees that. (a) a primary purpose of a survey is to show the location of buildings, fences, driveways, and easements of record relative to each other and to the boundaries of the property and to the building setback lines, and this in turn should reveal any encroachment of improvements on property lines, building setback lines, or easements and reveal whether the proposed improvements will fit upon the Property;
Purchaser acknowledges and agrees that. (a) a primary purpose of a survey is to show the location of buildings, fences, driveways, and easements of record relative to each other and to the boundaries of the property and to the building setback lines, and this in turn should reveal any encroachment of improvements on property lines, building setback lines, or easements and reveal whether the proposed improvements will fit upon the Property; (b) Purchaser may choose to have Property surveyed, regardless of whether or not a lender requires a survey; and (c) Purchaser may not become aware of certain information about Property unless Purchaser obtains and reviews a current survey of Property. Purchaser may, at its own expense and during the Inspection Period, obtain a survey by a state licensed Surveyor, which survey is to show the location of all easements, property lines, building setback lines, fences and improvements on the subject Property, together with certification that the subject Property is not in a special flood hazard area. Purchaser shall have until the expiration of the Inspection Period, to review and accept or reject the Property based on said survey. If said survey shows any encroachments by improvements onto easements or other adverse matters contrary to Purchaser’s intended use of the Property, Purchaser may, at Purchaser’s option, terminate this Contract by delivering a Termination Notice and receive refund of the Xxxxxxx Money; otherwise, Purchaser shall proceed with consummation of the purchase pursuant to this Contract, thereby accepting said defects.
