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.
Sample 1Sample 2Sample 3
Adverse material fact means a condition, malfunction, or problem that would have a materially
Sample 1Sample 2Sample 3
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."
Sample 1Sample 2

Examples of Adverse material fact in a sentence

  • Unless the context requires otherwise, in [sections 1 14 through 5] the following definitions apply: 15 (1) "Adverse material fact" means a condition, malfunction, or problem that would have a materially 16 adverse effect on the monetary value of real property, that affects the structural integrity of any improvements 17 located on the real property, or that presents a documented health risk to occupants of the real property or 18 would impair the health or safety of future occupants of the real property.

  • 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 339.710 to 339.860, the following terms mean: (1) "Adverse material fact", a fact related to the physical condition of 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:(i) materially affects the value, affects structural integrity, or presents a documented health risk to occupants of the property; or(ii) materially affects the buyer's ability or intent to perform the buyer's obligations under a proposed or existing contract.

  • 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.

  • 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.

  • 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.

  • For purposes of sections 339.010 to 339.180, 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 whichnegatively affects the value of the property.

  • Adverse material fact, defined.Adverse material fact shall mean a fact which (1) significantly affects the desirability or value of the property to a party and is not reasonably ascertainable or known to a party or (2) establishes a reasonable belief that another party will not be able to, or does not intend to, complete that party's obligations under a contract creating an interest in real property.76-2404.


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."
Sample 1Sample 2
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:
Sample 1
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. The above duties of the Broker do not relieve Seller from the responsibility to protect its own interests. Seller should carefully read all agreements to assure that they adequately express its understanding of the transaction. Schedule 1—Transaction Parameters
Sample 1
Adverse material fact means a fact that would significantly affect the desirability or value of the property to a reasonable person or
Sample 1

Related to Adverse material fact

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

  • 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 As defined in Subsection 34.04(a).

  • 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 about a natural person's character, general reputation, personal characteristics, or mode of living is obtained through personal interviews with the person's neighbors, friends, associates, acquaintances, or others who may have knowledge concerning such items of information.

  • Required Information has the meaning set forth in Section 6.1.

  • Disclosed Information means the information disclosed by a Party for the purpose of settlement, negotiation, Mediation or Arbitration;

  • Industrial facility means any nongovernmental or non- residential facility that is used for activities such as agriculture, forestry, fishing, mining, manufacturing, transportation, commu- nications, or providing services including electric, gas, and sani- tary services.

  • 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 any Issuer General Use Free Writing Prospectus issued at or prior to the Applicable Time, the Pricing Prospectus and the information included on Schedule 2-A hereto, all considered together.

  • Blue Sky Application As defined in Section 6(a)(i) hereof.

  • any Prospectus means, as the context requires, the Preliminary Prospectus, the Final Prospectus, and any supplement to either thereof. The Company has not received any notice that the Commission has issued or intends to issue a stop order suspending the effectiveness of the Registration Statement or the use of the Preliminary Prospectus or any prospectus supplement or intends to commence a proceeding for any such purpose.

  • Disclosure to information norm means the Policy shall be void and all premium paid thereon 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 has the meaning provided in Section 3(c) hereof.

  • Servicer Information As defined in Section 11.07(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.

  • Disclosure Materials has the meaning set forth in Section 3.1(h).