Common use of Environmental Risk Clause in Contracts

Environmental Risk. The Builder makes no warranties, express or implied, about the existing or future health hazards or environmental conditions on the Property, in the Improvements, or from adjacent sources, including, but not limited to, exposure to radon gas, electric and magnetic fields, shifting or instability of the soil and contamination of the Improvements or the surrounding air, water or soil from any sources or in any manner. Buyer is advised that the continued presence of moisture on components of the Improvements can cause the propagation of mold that may cause allergenic reactions and other health problems in some individuals. Upon assuming possession of the Improvements, Buyer is responsible for implementing an inspection and maintenance program for the identification and elimination of moisture in the Improvements that could give rise to the growth of mold or other conditions detrimental to functioning of the Improvements or the health of its occupants. Any leak or the presence of moisture that is covered by the Builder’s Express Limited Home Warranty will be corrected pursuant to that Express Limited Home Warranty, but the Buyer’s failure to implement an effective maintenance program or the failure to promptly notify the Builder of warranty claims will negate the Builder’s responsibility (if any) for any property damage, personal injury, or other loss, damage or liability resulting directly or indirectly from the presence of mold or other harmful organisms.

Appears in 4 contracts

Samples: photos.harstatic.com, photos.harstatic.com, photos.harstatic.com

AutoNDA by SimpleDocs

Environmental Risk. The Builder makes no warranties, express or implied, about the existing or future health hazards or environmental conditions on the Property, in the Improvements, or from adjacent sources, including, but not limited to, exposure to radon gas, electric and magnetic fields, shifting or instability of the soil and contamination of the Improvements or the surrounding air, water or soil from any sources or in any manner. Buyer is advised that the continued presence of moisture on components of the Improvements can cause the propagation of mold that mold, which may cause allergenic reactions and other health problems in some individuals. Upon assuming possession of the Improvements, Buyer is responsible for implementing an inspection and maintenance program for the identification and elimination of moisture in the Improvements that could give rise to the growth of mold or other conditions detrimental to functioning of the Improvements or the health of its occupants. Any leak or the presence of moisture that is covered by the Builder’s 's Express Limited Home Warranty will be corrected pursuant to that Express Limited Home Warranty, but the Buyer’s 's failure to implement an effective maintenance program or the failure to promptly notify the Builder of warranty claims will negate the Builder’s 's responsibility (if any) for any property damage, personal injury, or other loss, damage or liability resulting directly or indirectly from the presence of mold or other harmful organisms.

Appears in 3 contracts

Samples: Residential Construction Contract, Residential Construction Contract, Residential Construction Contract

AutoNDA by SimpleDocs

Environmental Risk. The Builder makes no warranties, express or implied, about the existing or future health hazards or environmental conditions on the Property, in the Improvements, or from adjacent sources, including, but not limited to, exposure to radon gas, electric and magnetic fields, shifting or instability of the soil and contamination of the Improvements or the surrounding air, water or soil from any sources or in any manner. Buyer is advised that the continued presence of moisture on components of the Improvements can cause the propagation of mold that mold, which may cause allergenic reactions and other health problems in some individuals. Upon assuming possession of the Improvements, Buyer is responsible for implementing an inspection and maintenance program for the identification and elimination of moisture in the Improvements that could give rise to the growth of mold or other conditions detrimental to functioning of the Improvements or the health of its occupants. Any leak or the presence of moisture that is covered by the Builder’s Express Limited Home Warranty will be corrected pursuant to that Express Limited Home Warranty, but the Buyer’s failure to implement an effective maintenance program or the failure to promptly notify the Builder of warranty claims will negate the Builder’s responsibility (if any) for any property damage, personal injury, or other loss, damage or liability resulting directly or indirectly from the presence of mold or other harmful organisms.

Appears in 1 contract

Samples: Residential Construction Contract

Time is Money Join Law Insider Premium to draft better contracts faster.