Common use of Property Boundaries Clause in Contracts

Property Boundaries. If the Buyer does not wish to inspect the Property boundaries, the Buyer should initial “WAIVED.” If the Buyer does wish to inspect the Property boundaries, the Buyer should initial “ELECTED.” Many Buyers rely on visual cues—such as fences, ▇▇▇▇▇▇ or walls—or representations in the MLS or by the Seller to determine the Property boundaries. Unless the boundaries of the property are laid out as a term of the Agreement of Sale, these estimations should not be considered to be accurate. While this may be an effective tool for approximation, it should not be taken as the true Property boundary. The Buyers are advised to hire a surveyor, title abstractor to assess the actual boundaries of or amount of land included with the Property.

Property Boundaries. If the Buyer does not wish to inspect the Property boundaries, the Buyer should initial “WAIVEDWaived.” If the Buyer does wish to inspect the Property boundaries, the Buyer should initial “ELECTEDElected.” Many Buyers buyers rely on visual cues—such as fences, ▇▇▇▇▇▇ or walls—or representations in the MLS or by the Seller to determine the Property boundaries. Unless the boundaries of the property Property are laid out as a term of the Agreement of Sale, these estimations should not be considered to be accurate. While this may be an effective tool for approximation, it should not be taken as the true Property boundary. The Buyers are advised to hire a surveyor, title abstractor to assess the actual boundaries of of, or amount of of, land included with the Property.