Common use of Square Footage Disclosure Clause in Contracts

Square Footage Disclosure. The approximate square footage of the Unit is square feet as measured by 4240 Architecture from the as-built building plans. Measurement may not be exact and is not for loan, valuation or other purposes. If exact square footage is a concern, Purchaser should independently measure and verify the square footage of the Unit. Further, Purchaser acknowledges that the foregoing square footage disclosure is based upon the architectural method, which measures square footage from the outside edge of all exterior walls and demising walls between the Unit and Common Elements (such as corridors) and from the mid-point of all demising walls between units, and is often used as the measurement in architectural plans. Another method, typically used in condominium maps and recorded condominium declarations, varies from the architectural method and measures square footage from the inside edge of exterior walls and from the inside edge of demising walls. Accordingly, any square footage measurements listed or referred to in the Map, the Declaration and in public records will vary from the square footage disclosed above. Purchaser acknowledges and agrees that square footage calculations may be made in a variety of manners and Purchaser will have no right to rescind this Agreement, nor will Purchaser be entitled to any claim for breach of this Agreement or adjustment of the Purchase Price, on account of alleged discrepancies in square footage calculations. PURCHASER HEREBY ACKNOWLEDGES THAT PURCHASER HAS REVIEWED AND ACCEPTED THE PLANS AND SPECIFICATIONS AND HAS EITHER INDEPENDENTLY VERIFIED SQUARE FOOTAGES CONTAINED THEREIN OR ELECTED NOT TO DO SO.

Square Footage Disclosure. The approximate square footage of the Unit is 1,999 square feet utilizing both the “architectural method” and 1,914 square feet utilizing the “air space measurement method”, each as measured by 4240 Architecture from the as-built building plans. Measurement may not be exact and is not for loan, valuation or other purposes. If exact square footage is a concern, Purchaser should independently measure and verify the square footage of the Unit. Further, Purchaser acknowledges that the foregoing such square footage disclosure is based upon utilizing the architectural method, which method measures square footage from the outside edge of all exterior walls sheathing and demising walls between the Unit and Common Elements (such as corridors) and from the mid-point of all demising walls between units, and is often used as the measurement in architectural plans. Another The air space measurement method, typically used in condominium maps and recorded condominium declarations, varies from the architectural method and measures square footage from the inside edge of exterior walls and from the inside edge of demising walls, and is the measurement likely to be listed by the Pitkin County Assessor’s Office in its public records. AccordinglyThese measurements may not be exact and are not to be used for loan, any valuation or other purposes. If exact square footage measurements listed or referred to in the Mapis a concern, the Declaration Purchaser should independently measure and in public records will vary from verify the square footage disclosed aboveof the Unit prior to executing this Agreement. Purchaser acknowledges and agrees that square footage calculations may be made in a variety of manners and Purchaser will have no right to rescind this Agreement, nor will Purchaser be entitled to any claim for breach of this Agreement or adjustment of the Purchase Price, on account of alleged discrepancies in square footage calculations. PURCHASER HEREBY ACKNOWLEDGES THAT PURCHASER HAS REVIEWED AND ACCEPTED THE PLANS AND SPECIFICATIONS AND HAS EITHER INDEPENDENTLY VERIFIED SQUARE FOOTAGES CONTAINED THEREIN IN THE UNIT OR ELECTED NOT TO DO SO.

Square Footage Disclosure. The approximate square footage of the Unit is 2,633 square feet utilizing both the “architectural method” and 2,496 square feet utilizing the “air space measurement method”, each as measured by 4240 Architecture from the as-built building plans. Measurement may not be exact and is not for loan, valuation or other purposes. If exact square footage is a concern, Purchaser should independently measure and verify the square footage of the Unit. Further, Purchaser acknowledges that the foregoing such square footage disclosure is based upon utilizing the architectural method, which method measures square footage from the outside edge of all exterior walls sheathing and demising walls between the Unit and Common Elements (such as corridors) and from the mid-point of all demising walls between units, and is often used as the measurement in architectural plans. Another The air space measurement method, typically used in condominium maps and recorded condominium declarations, varies from the architectural method and measures square footage from the inside edge of exterior walls and from the inside edge of demising walls, and is the measurement likely to be listed by the Pitkin County Assessor’s Office in its public records. AccordinglyThese measurements may not be exact and are not to be used for loan, any valuation or other purposes. If exact square footage measurements listed or referred to in the Mapis a concern, the Declaration Purchaser should independently measure and in public records will vary from verify the square footage disclosed aboveof the Unit prior to executing this Agreement. Purchaser acknowledges and agrees that square footage calculations may be made in a variety of manners and Purchaser will have no right to rescind this Agreement, nor will Purchaser be entitled to any claim for breach of this Agreement or adjustment of the Purchase Price, on account of alleged discrepancies in square footage calculations. PURCHASER HEREBY ACKNOWLEDGES THAT PURCHASER HAS REVIEWED AND ACCEPTED THE PLANS AND SPECIFICATIONS AND HAS EITHER INDEPENDENTLY VERIFIED SQUARE FOOTAGES CONTAINED THEREIN IN THE UNIT OR ELECTED NOT TO DO SO.