Adverse material fact definition

Adverse material fact means a fact that would significantly affect the desir- ability or value of the property to a reasonable person or which establishes a reason- able belief that a party to the transaction is not able to or does not intend to complete that party’s obligations under a real estate contract.
Adverse material fact means a fact that should be recognized by a broker as being of enough significance as to affect a person's decision to enter into a contract to buy or sell real property and may be a fact that materially affects the value or structural integrity or presents a documented health risk to occupants of the property. The term may not include the fact that an occupant of the property has or has had a communicable disease or that the property was the site of a suicide or felony."
Adverse material fact means a fact that should be recognized by a broker as being of enough significance as to affect a person's decision to enter into a contract to buy or sell real property and may be a fact that materially affects the buyer's ability or intent to perform the buyer's obligations under a proposed or existing contract."

Examples of Adverse material fact in a sentence

For purposes of sections 339.010 to 339.180, RSMo, and sections 339.710 to 339.860, the following terms mean: (1) "Adverse material fact", a fact related to the property not reasonably ascertainable or known to a party which negatively affects the value of the property.

For purposes of sections 338.010 to 338.180, RSMo, and sections 339.710 to 339.860, the following terms mean: (1) "Adverse material fact", a fact related to the property not reasonably ascertainable or known to a party which negatively affects the value of the property.

An "Adverse material fact" means a fact that should be recognized by a broker or salesperson as being of enough significance as to affect a person's decision to enter into a contract to buy or sell real property and may be a fact that: ∙ materially affects the value, affects the structural integrity, or presents a documented health risk to occupants of the property; and ∙ materially affects the buyer's ability or intent to perform the buyer's obligations under a proposed or existing contract.

The codebook underwent a series of three revisions, with the final edits instructed by the thesis advisor, Karen Andes.

For purposes of sections 339.010 to 339.180, RSMo, and sections 339.710 to2 339.860, the following terms mean:3 (1) "Adverse material fact", a fact related to the property not reasonably ascertainable4 or known to a party which negatively affects the value of the property.


More Definitions of Adverse material fact

Adverse material fact means a fact that would significantly affect the desirability or value of the property to a reasonable person or
Adverse material fact means a fact that should be recognized by a broker or salesperson as being of enough

Related to Adverse material fact

material fact means a material fact for the purposes of Applicable Securities Laws or any of them, or where undefined under the Applicable Securities Laws of an Offering Jurisdiction means a fact that would reasonably be expected to have a significant effect on the market price or value of any securities of the Corporation;
Material Facts shall have the meaning set forth in Section 2.3.6(a).
Misstatement means an untrue statement of a material fact or an omission to state a material fact required to be stated in a Registration Statement or Prospectus, or necessary to make the statements in a Registration Statement or Prospectus (in the light of the circumstances under which they were made) not misleading.
Covered Disclosure Information shall have the meaning set forth in Section 9.2(b) hereof.
Disclosure Information As defined in the Pooling and Servicing Agreement.
Seller Information means any information relating to Seller, the Mortgage Loans and/or the underwriting guidelines relating to the Mortgage Loans set forth in the Prospectus Supplement, the Offering Circular, the ABS Informational and Computational Materials or the Free Writing Prospectus [and static pool information regarding mortgage loans originated or acquired by the Seller [and included in the Prospectus Supplement, the Offering Circular, the ABS Informational and Computational Materials or the Free Writing Prospectus] [incorporated by reference from the website located at ______________].
Adverse Disclosure means any public disclosure of material non-public information, which disclosure, in the good faith judgment of the Chief Executive Officer or principal financial officer of the Company, after consultation with counsel to the Company, (i) would be required to be made in any Registration Statement or Prospectus in order for the applicable Registration Statement or Prospectus not to contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements contained therein (in the case of any prospectus and any preliminary prospectus, in the light of the circumstances under which they were made) not misleading, (ii) would not be required to be made at such time if the Registration Statement were not being filed, and (iii) the Company has a bona fide business purpose for not making such information public.
Investigative consumer report means a consumer report or portion thereof in which information on a consumer’s character, general reputation, personal characteristics, or mode of living is obtained through personal interviews with neighbors, friends, or associates of the consumer reported on or with others with whom he is acquainted or who may have knowledge concerning any such items of information.
Required Information means (a) all information required by paragraph 7(b) of Annex C of the Debt Commitment Letter and all information regarding Company and its Subsidiaries reasonably necessary to prepare the information required by paragraph 7(c) of Annex C of the Debt Commitment Letter, (b) all historical financial and other pertinent historical information regarding Company and its Subsidiaries as may be reasonably requested in writing by Parent, including all historical financial statements and historical financial and other data, with respect to Company and its Subsidiaries and of the type reasonably determined by Parent to be required by Regulation S-X and Regulation S-K under the Securities Act for registered offerings of debt securities, to consummate the offerings of debt securities contemplated by the Financing at the time during Company’s fiscal year such offerings will be made and (c) historical information relating to Company and its Subsidiaries (including such information which Parent has determined is necessary for the preparation of one or more information packages regarding the business, operations, financial projections and prospects of Company and its Subsidiaries customary for such financing or reasonably necessary for the syndication of and placement of securities to be included in the Financing) to the extent reasonably requested by Parent to assist Parent in preparation of materials for rating agency presentations, offering documents, offering circulars or private placement memoranda, bank information memoranda, prospectuses and similar documents required in connection with the Financing.
Disclosed Information means the information disclosed by a Party for the purpose of settlement, negotiation, Mediation or Arbitration;
Form 8-K Disclosure Information As defined in Section 11.07.
Pre-consumer Material means any material or by-product generated after the manufacture of a product but before the product reaches the consumer, such as damaged or obsolete products. Pre-consumer Material does not include mill and manufacturing trim, scrap, or broken material that is generated at a manufacturing site and commonly reused on-site in the same or another manufacturing process.
Offering Materials means a Fund’s currently effective prospectus and most recently filed registration statement with the SEC relating to shares of the Fund.
Pricing Disclosure Package means, as of the Applicable Time, the most recent Preliminary Prospectus, together with the information included in Schedule III hereto and each Issuer Free Writing Prospectus filed or used by the Company on or before the Applicable Time, other than a road show that is an Issuer Free Writing Prospectus but is not required to be filed under Rule 433 under the Securities Act;
Blue Sky Application As defined in Section 6(a)(i) hereof.
Disclosure to information norm means the Policy shall be void and all premium paid hereon shall be forfeited to the Company, in the event of misrepresentation, mis-description or non-disclosure of any material fact.
SEC Filings has the meaning set forth in Section 4.6.
Underwriter Information means the written information furnished to Discover Bank, Discover Funding LLC, and Discover Card Execution Note Trust by the Underwriters for use in the Prospectus and confirmed in the “blood letter” from the Underwriters to Discover Bank, Discover Funding LLC, and Discover Card Execution Note Trust dated the Closing Date. [Pricing Term Sheet: A copy of the Pricing Term Sheet, dated as of [ ] [ ], [ ], relating to the Discover Card Execution Note Trust, the DiscoverSeries Class [ ]([ ]) Notes (the “Pricing Term Sheet”), a document prepared by Discover Funding LLC and Discover Card Execution Note Trust and filed as an issuer free writing prospectus that contains final transaction terms for Discover Card Execution Note Trust, DiscoverSeries Class [ ]([ ]) Notes, is attached as Annex 3 hereto. The Underwriters shall have delivered the information set forth on the Pricing Term Sheet to potential investors in the Notes prior to entering into a purchase contract with the investor for the purchase of such Notes.]
Servicer Information As defined in Section 31.07(a).
Statement means a statement submitted by the Contractor as part of an application, under Clause 14 [Contract Price and Payment], for a payment certificate.
Required disclosure means disclosure by the director who has a conflicting interest of:
Disclosure Counsel means the Special Counsel designated by the Corporation to be responsible for the drafting and delivery of the Corporation’s disclosure documents such as preliminary official statements, official statements, re-offering memorandums or private placement memorandums and continuing disclosure agreements.
430C Information means information included in a prospectus then deemed to be a part of the Registration Statement pursuant to Rule 430C.
Unsolicited Information As defined in Section 12.01(b)(iii).
Disclosure Materials has the meaning set forth in Section 3.1(h).
Preliminary Prospectus Supplement has the meaning set forth in the Preliminary Statement hereto.