Common use of Material Defects Clause in Contracts

Material Defects. Seller acknowledges disclosure to Buyer of all known material defects in the property and ▇▇▇▇▇ acknowledges receipt of the same and hereby waives any and all future claims based on the disclosed defects. Seller further warrants to Buyer that ▇▇▇▇▇▇ neither knows of nor suspects any environmental contamination on the subject property or has made full disclosure to Buyer.

Material Defects. Seller acknowledges disclosure to Buyer of all known material defects in the property and ▇▇▇▇▇ Buyer acknowledges receipt of the same and hereby waives any and all future claims based on the disclosed defects. Seller further warrants to Buyer that ▇▇▇▇▇▇ Seller neither knows of nor suspects any environmental contamination on the subject property or has made full disclosure to Buyer.