Accepting the Property Clause Samples

The "Accepting the Property" clause defines the process by which a buyer formally acknowledges receipt and satisfactory condition of a property, typically at the time of closing. This clause often requires the buyer to inspect the property and confirm that it meets the agreed-upon standards or that any required repairs have been completed. Its core practical function is to establish a clear point at which the buyer assumes responsibility for the property, thereby resolving potential disputes about the property's condition after the transaction is finalized.
Accepting the Property. The purchaser agrees to accept the property as is, in its present condition. No warranty is given on the condition of the property.
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Related to Accepting the Property

  • Marketing the Property In an effort to properly and efficiently market the Property, the Seller grants the following permissions to the Agency: (Initial ALL That Apply)

  • Condition of the Property All bidders shall be deemed to have carried out all investigations and examinations of the Property and the title particulars at their own costs and expenses and upon being successful, accept the property in the state and condition in which the Property is at the date of the auction sale.

  • Title to the Property Borrower will warrant and defend the title to the Property, and the validity and priority of all Liens granted or otherwise given to Lender under the Loan Documents, subject only to Permitted Encumbrances, against the claims of all Persons.

  • Maintenance of the Property Neither Broker nor Brokerage Firm is responsible for maintenance of the 324 Property nor are they liable for damage of any kind occurring to the Property, unless such damage is caused by their negligence or 325 intentional misconduct.

  • Access to the Property 1. We and our representatives shall only have access to the Property during the Vendor's normal business hours upon reasonable notice to the Vendor, at our sole risk and expense. Such site visits shall be conducted in the presence of a representative of the Vendor, in a manner that minimizes interference with the use of the Property and does not contravene any leases or unreasonably interfere with any Tenants. We and our representatives shall not have any communications with Tenants or their employees without the prior written approval of the Vendor and in the presence of a representative of the Vendor.