OCCUPIED PROPERTY. Buyer shall take the Property subject to the rights of existing tenants and/or occupants. Seller has provided to Buyer prior to the date hereof copies of all written leases affecting the Property of which Seller is aware. Seller shall transfer to Buyer, through escrow, all tenant security deposits. Seller makes no warranty regarding compliance with legal requirements regarding rent amounts and/or the maximum number of people who can occupy the Property. Seller shall not agree to any material modification of a written lease without giving ▇▇▇▇▇’s prior consent, not to be unreasonably withheld. Seller is not aware of any defaults under any written lease affecting the Property, or eviction proceedings affecting the Property, or persons occupying the property without a written lease, except as otherwise disclosed to Buyer.
Appears in 3 contracts
Sources: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement