Common Contracts
1 similar Purchase Agreement contracts
ADDENDUM TO PURCHASE AGREEMENT IOWA STATE SPECIFIC TERMSPurchase Agreement • July 27th, 2020
Buyer acknowledges that the purchase of the Property may have resulted from a transfer made by a mortgagee who has acquired the property at a sale conducted pursuant to Iowa Code § 654 or § 655 pursuant to a power of sale under a deed of trust, or deed in lieu thereof. Therefore, Seller is exempt from requirements regarding the making of certain disclosures, including without limitation the Seller Property Condition Disclosure. As a result, any rights Buyer may have had in connection with such Disclosure Statements under Iowa law shall not be available. Further, regardless of how Seller obtained title, Seller is not familiar with the condition of the Property, other than as may be disclosed in any inspection reports obtained by or on behalf of Seller, Seller’s representatives or agents or that Seller may have received otherwise. Any such reports furnished by Seller or its agents in connection herewith shall be for informational purposes only, are not made part of the Agreement, and Sel
