Common use of ACCEPTANCE OF PROPERTY Clause in Contracts

ACCEPTANCE OF PROPERTY. The Tenant acknowledges that he/she has examined the premises and all common areas, and that his/her acceptance of this agreement is conclusive evidence that the premises and all common areas are in good and satisfactory condition unless otherwise specified by this lease or by the MOVE-IN INSPECTION provided by the Tenant. Tenant must list any existing damages of the premises specifically in the move-in inspection form, and must return this form to the Landlord within five (5) days after assuming possession of the premises (i.e.: five days after obtaining the keys to the residence). Tenant agrees to sign the move-in inspection form and shall retain a copy of this inspection for their records. This list shall be treated as correct upon its receipt by the Landlord unless Landlord notifies Tenant of his/her objections to the inspection form in writing. Tenant and Landlord hereby warrant and agree that NO ORAL REPRESENTATIONS HAVE BEEN MADE REGARDING THE CONDITION OF THE PREMISES, AND THAT NO AGREEMENT HAS BEEN MADE TO REDECORATE, REPAIR, CLEAN OR IMPROVE THE PREMISES UNLESS SPECIFICALLY SET FORTH IN A WRITTEN ADDENDUM TO THIS LEASE. The Landlord warrants that he shall deliver the premises and all common areas to the Tenant in a clean and habitable condition, free of rodents or other vermin, as required by applicable law. Landlord further represents and Tenant acknowledges that all smoke detector(s) installed in the premises are in proper working condition, and that the Tenant has inspected them. Landlord further represents and Tenant acknowledges that all carbon monoxide detectors(s) and fire extinguishers, where applicable, installed in the premises are in proper working condition, and that the Tenant has inspected them. Smoke detectors, carbon monoxide detectors and/or fire extinguishers are installed for tenant wellbeing and to comply with Landlord further represents that he or his agents have conducted a visual inspection for mold in the premises, and that no visible signs of mold were present.

Appears in 1 contract

Sources: Residential Lease Agreement

ACCEPTANCE OF PROPERTY. The Tenant acknowledges that he/she TENANT has examined inspected the premises and all common areas, and that his/her acceptance before the execution of this agreement Rental Agreement and agrees that it is conclusive evidence that the premises and all common areas are in good and satisfactory condition unless otherwise specified by this lease or by the MOVE-IN INSPECTION provided by the Tenant. Tenant must list any existing damages of the premises specifically in the move-in inspection form, and must return this form to the Landlord within five (5) days after assuming possession of the premises (i.e.: five days after obtaining the keys to the residence). Tenant agrees to sign the move-in inspection form and shall retain a copy of this inspection for their records. This list shall be treated as correct upon its receipt by the Landlord unless Landlord notifies Tenant of his/her objections to the inspection form in writing. Tenant and Landlord hereby warrant and agree that NO ORAL REPRESENTATIONS HAVE BEEN MADE REGARDING THE CONDITION OF THE PREMISES, AND THAT NO AGREEMENT HAS BEEN MADE TO REDECORATE, REPAIR, CLEAN OR IMPROVE THE PREMISES UNLESS SPECIFICALLY SET FORTH IN A WRITTEN ADDENDUM TO THIS LEASE. The Landlord warrants that he shall deliver the premises and all common areas to the Tenant in a clean and habitable condition, free of rodents or other vermin, as required by applicable law. Landlord further represents and Tenant acknowledges that all smoke detector(s) installed in the premises are in proper working condition, and that the Tenant has inspected them. Landlord further represents and Tenant acknowledges that all carbon monoxide detectors(s) and fire extinguishers, where applicable, installed in TENANT accepts the premises are in proper working its present condition. TENANT agrees to replace all light bulbs, and that the Tenant has inspected them. Smoke detectors, carbon monoxide detectors and/or fire extinguishers are installed for tenant wellbeing glass broken during tenancy and to comply with Landlord further represents that he keep the interior of all buildings on the premises in a good state of repair and in clean condition. At the termination of this Agreement the TENANT agrees to promptly surrender the premises to LANDLORD in as good condition as the premises were at the time of the execution of this Agreement, ordinary wear and tear or his agents have conducted a visual inspection acts of God accepted. REPAIRS AND MAINTENANCE ▇▇▇▇▇▇ agrees to give LANDLORD prompt notification of the need for mold in repairs to the premises, and that no visible signs ▇▇▇▇▇▇▇ agrees to make the necessary repairs to the premises within a reasonable time subsequent to receipt of mold were present.such notification in writing by TENANT. Should any damage to the property, including but not limited to broken windows, fixtures, plumbing, heating and cooling systems, or appliances, beyond normal wear and tear, be caused by TENANT, occupants, family members, guests, or other persons related to or affiliated in any way with TENANT, TENANT agrees to reimburse LANDLORD for costs of such repairs within FIFTEEN (15) days of repairs being completed, or at the time of the next rental payment, whichever comes first. LANDLORD/OWNER will not be responsible or liable for damages or injuries to TENANT, his family or guests, as consequence of inoperative plumbing or broken pipes, or for any reason. ▇▇▇▇▇▇ agrees to maintain the property in a good, safe and clean manner, and not to paint, wallpaper, alter, remodel, or structurally change any part of the property, nor remove any fixtures therefrom. TENANT will be responsible and will pay for repairs on broken water and sewer pipes cracked by cold weather, stopped-up plumbing when stoppage is caused by introduction of foreign objects not intended for sewage disposal. NOTICE REQUIREMENTS The full term of this Rental Agreement must be fulfilled by TENANT. Either party may terminate this Agreement at the end of rental date by J L Y L Q J W K H R W K H U S D U W \ D this Rental Agreement. Following this term, this Agreement will automatically be renewed on a month-to-month basis, and will then be subjected to termination by either S D U W \ J L Y L Q J W K H written notice of termination. NOTICE MUST BE GIVEN THIRTY (30) DAYS PRIOR TO THE MONTH IN WHICH TENANT IS MOVING OUT. TENANT MUST VACATE THE PROPERTY NO LATER THAN THE LAST DAY OF THE MONTH IN WHICH TENANT IS MOVING OUT. TENANT WILL PAY RENT FOR THE FULL MONTH EVEN IF TENANT MOVES OUT BEFORE THE LAST DAY OF THE MONTH. After this rental term, LANDLORD may increase the amount of monthly rent due hereunder upon THIRTY (30) days or more written notice to TENANT in which event TENANT shall then have the option upon at least THIRTY

Appears in 1 contract

Sources: Residential Rental Agreement

ACCEPTANCE OF PROPERTY. The Tenant accepts said premises with the understanding the property will be re-conditioned prior to Tenants arrival. Tenant further agrees to allow ▇▇▇▇▇▇▇▇ access to the property during the first and last 30 days of the lease term to make any necessary repairs and/or improvements. The Tenant acknowledges that he/she has they have examined the premises Premises and all common areas, and that his/her their acceptance of this agreement Lease is conclusive evidence that the premises and all common areas said Premises are in good and satisfactory condition unless otherwise order and repair other than as specified by this lease or by the MOVE-IN INSPECTION provided by the Tenantherein. Tenant must list any existing damages of acknowledges that they have the right to have the premises specifically in the move-in inspection form, and must return this form to the Landlord within five (5) days after assuming possession of the premises (i.e.: five days after obtaining the keys to the residence). Tenant agrees to sign the move-in inspection form and shall retain a copy of this inspection for their records. This list shall be treated as correct upon its receipt inspected by the Landlord unless Landlord notifies in the Tenant’s presence for the purpose of making a written list of all existing damages if the Tenant makes a written request by certified mail within fifteen (15) days of his/her objections Tenant’s occupancy. The Tenant agrees that no representations as to the inspection form condition of the Premises have been made and that no agreement has been made to redecorate, repair or improve the Premises unless hereinafter set forth specifically in writing. Tenant and Landlord hereby warrant and agree that NO ORAL REPRESENTATIONS HAVE BEEN MADE REGARDING THE CONDITION OF THE PREMISES, AND THAT NO AGREEMENT HAS BEEN MADE TO REDECORATE, REPAIR, CLEAN OR IMPROVE THE PREMISES UNLESS SPECIFICALLY SET FORTH IN A WRITTEN ADDENDUM TO THIS LEASE. The Landlord warrants that he shall deliver the premises Premises and all common areas to the Tenant in a clean and habitable condition, free pursuant to Section 8-203 of rodents or other verminthe Real Property Article of the Annotated Code of Maryland, as required by applicable lawamended from time to time. The Tenant shall give the Landlord further represents and Tenant acknowledges that all smoke detector(s) installed prompt notice of any defects in the premises are in proper working condition, and that the Tenant has inspected them. Landlord further represents and Tenant acknowledges that all carbon monoxide detectors(s) and fire extinguishers, where applicable, installed in the premises are in proper working condition, and that the Tenant has inspected them. Smoke detectors, carbon monoxide detectors and/or fire extinguishers are installed for tenant wellbeing and or accidents to comply with Landlord further represents that he or his agents have conducted a visual inspection for mold in any part of the premises, in order that the same may be repaired with due diligence, but if damage is caused by misuse or neglect of the Tenant, his family, friends or visitors, and that no visible signs if ▇▇▇▇▇▇▇▇ makes said repairs, ▇▇▇▇▇▇ agrees to pay the cost of mold were presentthe same upon presentation of the bill. All damages to doors, locks, windows, and appliances by break-in, vandalism, theft, etc… will be paid by the Tenant.

Appears in 1 contract

Sources: Residential Lease

ACCEPTANCE OF PROPERTY. The Tenant 4.1 “As Is”. Purchaser agrees that Purchaser or its duly authorized agent will have examined and investigated to Purchaser’s full satisfaction the physical, economic and legal condition of the Property, and made all other inquiries Purchaser deemed necessary in connection with the transaction herein contemplated. Purchaser is satisfied to purchase the Property in its “as is” condition as of the Effective Date, reasonable wear and tear from the Effective Date excepted. Any information, data, schedules, photographs, surveys, set-ups, representations or other materials furnished to or obtained by Purchaser were for preliminary purposes only and are superseded by this Agreement. Purchaser has not relied thereon in executing this Agreement. Except as expressly set forth in this Agreement, no representations, warranties or agreements of any kind whatsoever have been made by Seller in regard to the physical or operating condition of the Property, the condition of Seller’s title thereto, freedom from defects, latent or patent, the income or profit to be derived from the Property, the expenses of operation and maintenance thereof, the present or prospective rental income therefrom, or any other matter or thing affecting or relating to the whole or any part of the Property, and no representation, covenant or warranty shall survive the Closing, other than the Surviving Obligations. In arriving at its decision to purchase the Property, Purchaser did not rely upon any statements by Seller, Seller’s agents or employees or anyone else acting or purporting to act on Seller’s behalf, except as expressly set forth in this Agreement. Purchaser acknowledges and agrees that he/she has examined the premises Property is to be acquired subject to all notes or notices of violations of law or municipal ordinances, orders or requirements noted in or issued by any governmental authority having jurisdiction thereof against or affecting the Property. 4.2 Purchaser shall rely solely upon Purchaser’s own knowledge of the Property based on its investigation of the Property and its own inspection of the Property in determining the Property’s physical condition. Except as expressly set forth in this Agreement to the contrary, Purchaser releases Seller, any person, entity or party related to or affiliated with Seller (the “Seller Related Parties”) and their respective successors and assigns from and against any and all common areasclaims which Purchaser or any person, entity or any party related to or affiliated with Purchaser (each, a “Purchaser Related Party”) has or may have arising from or related to any matter or thing related to or in connection with the Property, including the documents and that his/her acceptance information referred to herein, the leases and the tenants thereunder, any construction defects, errors or omissions in the design or construction and any environmental conditions, including but not limited to mold, and, except as expressly set forth in this Agreement to the contrary, neither Purchaser nor any Purchaser Related Party shall look to Seller, the Seller Related Parties or their respective successors and assigns in connection with the foregoing for any redress or relief. This release shall be given full force and effect according to each of its express terms and provisions, including those relating to unknown and unsuspected claims, damages and causes of action. The provisions of this agreement is conclusive evidence that Section 4.2 shall survive the premises termination of this Agreement or the Closing Date and all common areas are in good and satisfactory condition unless otherwise specified by this lease or by the MOVE-IN INSPECTION provided by the Tenant. Tenant must list shall not be deemed to have merged into any existing damages of the premises specifically in documents executed or delivered at the move-in inspection formClosing. To the extent required to be operative, the disclaimers and must return this form to the Landlord within five (5) days after assuming possession warranties contained herein are “conspicuous” disclaimers for purposes of the premises (i.e.: five days after obtaining the keys to the residence). Tenant agrees to sign the move-in inspection form and shall retain a copy of this inspection for their records. This list shall be treated as correct upon its receipt by the Landlord unless Landlord notifies Tenant of his/her objections to the inspection form in writing. Tenant and Landlord hereby warrant and agree that NO ORAL REPRESENTATIONS HAVE BEEN MADE REGARDING THE CONDITION OF THE PREMISES, AND THAT NO AGREEMENT HAS BEEN MADE TO REDECORATE, REPAIR, CLEAN OR IMPROVE THE PREMISES UNLESS SPECIFICALLY SET FORTH IN A WRITTEN ADDENDUM TO THIS LEASE. The Landlord warrants that he shall deliver the premises and all common areas to the Tenant in a clean and habitable condition, free of rodents or other vermin, as required by any applicable law. Landlord further represents and Tenant acknowledges that all smoke detector(s) installed in the premises are in proper working condition, and that the Tenant has inspected them. Landlord further represents and Tenant acknowledges that all carbon monoxide detectors(s) and fire extinguishersrule, where applicable, installed in the premises are in proper working condition, and that the Tenant has inspected them. Smoke detectors, carbon monoxide detectors and/or fire extinguishers are installed for tenant wellbeing and to comply with Landlord further represents that he regulation or his agents have conducted a visual inspection for mold in the premises, and that no visible signs of mold were presentorder.

Appears in 1 contract

Sources: Purchase and Sale Agreement (NNN 2003 Value Fund LLC)