Adverse material fact definition

Adverse material fact means a fact that would significantly affect the desirability or value of the property to a reasonable person or which establishes a reasonable 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 condition, malfunction, or problem that would have a materially
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. It may be a fact that materially affects the value or structural integrity or presents a documented health risk to occupants of the property, but 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, or it 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.

More Definitions of Adverse material fact

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."
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 does 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 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: i. Materially affects the value, affects structural integrity, or presents a documented health risk to occupants of the property; and ii. Materially affects the buyer’s ability or intent to perform the buyer’s obligations under a proposed or existing contract.
Adverse material fact means a condition, malfunction, or problem that would have a materially adverse effect on the monetary value of real property, that affects the structural integrity of any improvements located on the real property, or that presents a documented health risk to occupants of the real property or would impair the health or safety of future occupants of the real property.

Related to Adverse material fact

  • material fact has the meaning ascribed thereto in the Securities Act;

  • 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.

  • Free Issue Materials means the equipment, materials and/or tools (such as but not limited to test specimen, dies, jigs, fixtures, patterns, gauges, molds, test equipment, equipment for repairs or servicing by Supplier, equipment for incorporation in or for testing of the Supplies) delivered or provided to Supplier by Purchaser, Customer, or other party on behalf of Purchaser or Customer for or in connection with the execution of the Contract.

  • Disclosure Information As defined in the Pooling and Servicing Agreement.