Common use of CONDITIONS AFFECTING PROPERTY Clause in Contracts

CONDITIONS AFFECTING PROPERTY. A. Unless otherwise agreed: (i) the Property is sold (a) in its PRESENT physical condition as of the date of Acceptance and (b) subject to Buyer investigation rights; and (ii) the Property is to be maintained in substantially the same condition as on the date of Acceptance.

Appears in 2 contracts

Sources: Real Estate Purchase Agreement (Castle Arch Real Estate Investment Company, LLC), Purchase Agreement (Castle Arch Real Estate Investment Company, LLC)