Buyer is aware that the soils condition of the property is unstable. The retaining wall on the rear side of the property shows cracks which may be due to settlement. The Buyer accepts the property in "AS IS" condition with respect to such soils condition and settlement and the possible consequences of this condition. The Seller makes no warranty of any kind with respect thereto.
SOILS INSPECTION CONTINGENCY.
Within
seven (7) calendar days of acceptance of this contract, Buyer may, at Buyer's
expense, have a soils inspection conducted by experts/representatives of
Buyer's choice. This offer is contingent upon Buyer's approval of the soils
reports within five (5) calendar days from the date of inspection; provided,
however, that such approval shall be deemed to be given unless written notice
of disapproval is given within such time. Seller shall give reasonable access
to the property to Buyer and/or representatives.
No comments:
Post a Comment