RESIDENTIAL PROPERTY CONDITION DISCLOSURE STATEMENT Sample Clauses

RESIDENTIAL PROPERTY CONDITION DISCLOSURE STATEMENT. Purchaser acknowledges that before Purchaser signed this Contract, Purchaser received and reviewed the Residential Property Condition Disclosure Statement (the “Disclosure Statement”) for the Property that was prepared by Seller, and that Purchaser has had, or will have, the opportunity to review the Disclosure Statement with consultants of Purchaser’s choosing: [Check one:] ______ a) the Disclosure Statement is attached hereto or ______ b) the Disclosure Statement has not been provided and is not attached hereto. Purchaser agrees that Purchaser is not relying on any statement or representation of Seller outside the written Disclosure Statement about the Property including, but not limited to: the physical condition of the land and improvements, the functioning of the installed systems, facilities or appliances, the permissible use, the zoning, legal or contractual restrictions or covenants, permitting requirements, flood zone, or building or other codes, statutes or regulations. Purchaser agrees and acknowledges that Purchaser does not rely, and is not relying, on any statement or representation of KIRE as to any of the matters that are the subject of the Disclosure Statement or related thereto. Seller agrees and acknowledges that if Seller discovers a material inaccuracy in the Disclosure Statement, the law obligates Seller to promptly correct the Disclosure Statement so that it is accurate and to deliver the revised Disclosure Statement to Purchaser immediately. Seller and Purchaser acknowledge and agree that KIRE has no duty with respect to the accuracy of the information in the Disclosure Statement, which responsibility is entirely Seller’s. Purchaser understands that in addition to the information provided by the Disclosure Statement, Purchaser also has the right to inspect the Property and that Purchaser assumes the risk as to all physical conditions of the Property which is being sold “AS IS” and accepted by Purchaser “AS IS” as set forth in Paragraph 10.
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Related to RESIDENTIAL PROPERTY CONDITION DISCLOSURE STATEMENT

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