Common use of Purchaser’s Representations Clause in Contracts

Purchaser’s Representations. Purchaser represents that: a. Purchaser intends does not intend to occupy the Property as Purchaser’s primary residence. b. Purchaser c. Purchaser is ☑ is not related by blood or marriage to the previous owner of the Property. is ☑ is not currently a HomeSteps Supplier, which includes employees, (as defined in “HomeSteps’ Supplier Code of Conduct”) approved to perform paid services for HomeSteps or a family member of a HomeSteps Supplier. d. FREDDIE MAC EMPLOYEES AND THEIR IMMEDIATE HOUSEHOLD MEMBERS ARE PROHIBITED FROM PURCHASING HOMESTEPS PROPERTIES. Purchaser or a member of Purchaser’s immediate household is ☑ is not an employee of Freddie Mac. (An immediate household member means a member of the employee’s family who currently resides in the employee’s home, a non-resident spouse, and a non-resident minor child or dependent for whom the employee has responsibility.) e. The Purchaser represents and warrants that it is not a direct or indirect holder or group (as defined in Section 13(d) and Section 14(d) of the Securities Exchange Act of 1934) of holders of ten percent (10%) or more of any class of capital stock of Freddie Mac. f. If Purchaser is a HomeSteps Supplier, or an employee and/or immediate family member of a HomeSteps Supplier, Purchaser represents that Purchaser has not accessed HomeSteps’ information including the Property’s valuation and/or analysis, provided ancillary services such as “trash-outs” and maintenance (including but not limited to lawn care or repairs to the Property), or participated in the management of the Property at any time during the entire property management and sale process; and Purchaser represents that Purchaser will not engage in any such activities. Purchaser further represents that Purchaser has disclosed to HomeSteps that it is a Supplier and/or family member of a HomeSteps Supplier, and obtained written consent, which may or may not be provided in HomeSteps’ sole discretion, to purchase the Property. g. The Purchaser h. Purchaser further agrees that it will not enter into any contract for deed or lease with option to purchase agreements regarding the resale of the Property, unless Purchaser is a non-profit organization or has obtained Freddie Mac’s prior written consent. Purchaser acknowledges that, in addition to any other remedy available to Freddie Mac, any violation of this agreement may result in Freddie Mac refusing to sell additional REO properties to Purchaser and/or its affiliates. SAMPLE

Purchaser’s Representations. Purchaser represents that: a. Purchaser intends does not intend to occupy the Property as Purchaser’s primary residence. b. Purchaser c. Purchaser is ☑ is not related by blood or marriage to the previous owner of the Property. . c. Purchaser is ☑ is not currently a HomeSteps Supplier, which includes employees, (as defined in “HomeSteps’ Supplier Code of Conduct”) approved to perform paid services for HomeSteps or a family member of a HomeSteps Supplier. d. FREDDIE MAC EMPLOYEES AND THEIR IMMEDIATE HOUSEHOLD MEMBERS MEMBERS, ARE PROHIBITED FROM PURCHASING HOMESTEPS PROPERTIES. Purchaser or a member of Purchaser’s immediate household is ☑ is not an employee of Freddie Mac. (An immediate household member means a member of the employee’s family who currently resides in the employee’s home, a non-resident spouse, and a non-resident minor child or dependent for whom the employee has responsibility.) e. The Purchaser represents and warrants that it is not a direct or indirect holder or group (as defined in Section 13(d) and Section 14(d) of the Securities Exchange Act of 1934) of holders of ten percent (10%) or more of any class of capital stock of Freddie Mac. f. If Purchaser is a HomeSteps Supplier), or an employee and/or immediate family member of a HomeSteps Supplier, Purchaser represents that Purchaser has not accessed HomeSteps’ information including the Property’s valuation and/or analysis, provided ancillary services such as “trash-outs” and maintenance (including but not limited to lawn care or repairs to the Property), or participated in the management of the Property at any time during the entire property management and sale process; and Purchaser represents that Purchaser will not engage in any such activities. Purchaser further represents that Purchaser has disclosed to HomeSteps that it is a Supplier and/or family member of a HomeSteps Supplier, and obtained written consent, which may or may not be provided in HomeSteps’ sole discretion, to purchase the Property. g. The Purchaser h. Purchaser further agrees that it will not enter into any contract for deed or lease with option to purchase agreements regarding the resale of the Property, unless Purchaser is a non-profit organization or has obtained Freddie Mac’s prior written consent. Purchaser acknowledges that, in addition to any other remedy available to Freddie Mac, any violation of this agreement may result in Freddie Mac refusing to sell additional REO properties to Purchaser and/or its affiliates. SAMPLE

Purchaser’s Representations. Purchaser represents that: a. Purchaser intends does not intend to occupy the Property as Purchaser’s primary residence. b. Purchaser c. Purchaser is ☑ is not related by blood or marriage to the previous owner of the Property. is ☑ is not currently a HomeSteps Supplier, which includes employees, (as defined in “HomeSteps’ Supplier Code of Conduct”) approved to perform paid services for HomeSteps or a family member of a HomeSteps Supplier. d. FREDDIE MAC EMPLOYEES AND THEIR IMMEDIATE HOUSEHOLD MEMBERS ARE PROHIBITED FROM PURCHASING HOMESTEPS PROPERTIES. Purchaser or a member of Purchaser’s immediate household is ☑ is not an employee of Freddie Mac. (An immediate household member means a member of the employee’s family who currently resides in the employee’s home, a non-resident spouse, and a non-resident minor child or dependent for whom the employee has responsibility.) e. The Purchaser represents and warrants that it is not a direct or indirect holder or group (as defined in Section 13(d) and Section 14(d) of the Securities Exchange Act of 1934) of holders of ten percent (10%) or more of any class of capital stock of Freddie Mac. f. If Purchaser is a HomeSteps Supplier, or an employee and/or immediate family member of a HomeSteps Supplier, Purchaser represents that Purchaser has not accessed HomeSteps’ information including the Property’s valuation and/or analysis, provided ancillary services such as “trash-outs” and maintenance (including but not limited to lawn care or repairs to the Property), or participated in the management of the Property at any time during the entire property management and sale process; and Purchaser represents that Purchaser will not engage in any such activities. Purchaser further represents that Purchaser has disclosed to HomeSteps that it is a Supplier and/or family member of a HomeSteps Supplier, and obtained written consent, which may or may not be provided in HomeSteps’ sole discretion, to purchase the Property. g. The Purchaser h. Purchaser further agrees that it will not enter into any contract for deed or lease with option to purchase agreements regarding the resale of the Property, unless Purchaser is a non-profit organization or has obtained Freddie Mac’s prior written consent. Purchaser acknowledges that, in addition to any other remedy available to Freddie Mac, any violation of this agreement may result in Freddie Mac refusing to sell additional REO properties to Purchaser and/or its affiliates. SAMPLE.

Purchaser’s Representations. Purchaser represents that: a. Purchaser intends does not intend to occupy the Property as Purchaser’s primary residence. b. Purchaser c. Purchaser is ☑ is not related by blood or marriage to the previous owner of the Property. is ☑ is not currently a HomeSteps Supplier, which includes employees, (as defined in “HomeSteps’ Supplier Code of Conduct”) approved to perform paid services for HomeSteps or a family member of a HomeSteps Supplier. d. FREDDIE MAC EMPLOYEES AND THEIR IMMEDIATE HOUSEHOLD MEMBERS ARE PROHIBITED FROM PURCHASING HOMESTEPS PROPERTIES. Purchaser or a member of Purchaser’s immediate household is ☑ is not an employee of Freddie Mac. (An immediate household member means a member of the employee’s family who currently resides in the employee’s home, a non-resident spouse, and a non-resident minor child or dependent for whom the employee has responsibility.) e. The Purchaser represents and warrants that it is not a direct or indirect holder or group (as defined in Section 13(d) and Section 14(d) of the Securities Exchange Act of 1934) of holders of ten percent (10%) or more of any class of capital stock of Freddie Mac.. SAMPLE f. If Purchaser is a HomeSteps Supplier, or an employee and/or immediate family member of a HomeSteps Supplier, Purchaser represents that Purchaser has not accessed HomeSteps’ information including the Property’s valuation and/or analysis, provided ancillary services such as “trash-outs” and maintenance (including but not limited to lawn care or repairs to the Property), or participated in the management of the Property at any time during the entire property management and sale process; and Purchaser represents that Purchaser will not engage in any such activities. Purchaser further represents that Purchaser has disclosed to HomeSteps that it is a Supplier and/or family member of a HomeSteps Supplier, and obtained written consent, which may or may not be provided in HomeSteps’ sole discretion, to purchase the Property. g. The Purchaser h. Purchaser further agrees that it will not enter into any contract for deed or lease with option to purchase agreements regarding the resale of the Property, unless Purchaser is a non-profit organization or has obtained Freddie Mac’s prior written consent. Purchaser acknowledges that, in addition to any other remedy available to Freddie Mac, any violation of this agreement may result in Freddie Mac refusing to sell additional REO properties to Purchaser and/or its affiliates. SAMPLE.

Purchaser’s Representations. Purchaser represents that:: SAMPLE a. Purchaser intends does not intend to occupy the Property as Purchaser’s primary residence. b. Purchaser c. Purchaser is ☑ is not related by blood or marriage to the previous owner of the Property. is ☑ is not currently a HomeSteps Supplier, which includes employees, (as defined in “HomeSteps’ Supplier Code of Conduct”) approved to perform paid services for HomeSteps or a family member of a HomeSteps Supplier. d. FREDDIE MAC EMPLOYEES AND THEIR IMMEDIATE HOUSEHOLD MEMBERS ARE PROHIBITED FROM PURCHASING HOMESTEPS PROPERTIES. Purchaser or a member of Purchaser’s immediate household is ☑ is not an employee of Freddie Mac. (An immediate household member means a member of the employee’s family who currently resides in the employee’s home, a non-resident spouse, and a non-resident minor child or dependent for whom the employee has responsibility.) e. The Purchaser represents and warrants that it is not a direct or indirect holder or group (as defined in Section 13(d) and Section 14(d) of the Securities Exchange Act of 1934) of holders of ten percent (10%) or more of any class of capital stock of Freddie Mac. f. If Purchaser is a HomeSteps Supplier, or an employee and/or immediate family member of a HomeSteps Supplier, Purchaser represents that Purchaser has not accessed HomeSteps’ information including the Property’s valuation and/or analysis, provided ancillary services such as “trash-outs” and maintenance (including but not limited to lawn care or repairs to the Property), or participated in the management of the Property at any time during the entire property management and sale process; and Purchaser represents that Purchaser will not engage in any such activities. Purchaser further represents that Purchaser has disclosed to HomeSteps that it is a Supplier and/or family member of a HomeSteps Supplier, and obtained written consent, which may or may not be provided in HomeSteps’ sole discretion, to purchase the Property. g. The Purchaser h. Purchaser further agrees that it will not enter into any contract for deed or lease with option to purchase agreements regarding the resale of the Property, unless Purchaser is a non-profit organization or has obtained Freddie Mac’s prior written consent. Purchaser acknowledges that, in addition to any other remedy available to Freddie Mac, any violation of this agreement may result in Freddie Mac refusing to sell additional REO properties to Purchaser and/or its affiliates. SAMPLE.

Purchaser’s Representations. Purchaser represents thathereby represents, warrants, covenants, and acknowledges to Seller as of the date hereof and as of the Closing as follows: a. (a) Purchaser intends does not intend acknowledges that it or its affiliates are experienced and sophisticated owners of commercial real estate projects such as the Property and that it will have had a full and complete opportunity to occupy conduct such investigations, examinations, inspections and analyses of the Property as Purchaser, in its absolute discretion, may deem appropriate. Purchaser further acknowledges that, except for Representations of Seller’s primary residenceRepresentative and any other express written representations of the Seller’s Representative contained in this Agreement or other documents delivered by Seller or Seller’s Representative in connection with this Agreement, Purchaser has not relied upon any statements, representations or warranties by Seller or any agent of Seller. b. Purchaser c. (b) Purchaser agrees that the Property shall be sold and that Purchaser shall accept possession of the Property on the Closing Date strictly on an “AS IS, WHERE IS, WITH ALL FAULTS” BASIS, with no right of set-off or reduction in the Purchase Price except as provided in this Agreement, and that, except for the Representations of Seller’s Representative and any other express written representations of Seller’s Representative contained in this Agreement or other documents delivered by Seller or Seller’s Representative in connection with this Agreement, such sale shall be without representation or warranty of any kind, express or implied, including any warranty of income potential, operating expenses, uses, merchantability or fitness for a particular purpose, or any warranty of matters pertaining to health, safety or the environment, and Seller and Seller’s Representative do hereby disclaim and renounce any such representation or warranty. Purchaser specifically acknowledges that, except for the Representations of Seller’s Representative and any other express written representations of Seller’s Representative contained in this Agreement or other documents delivered by Seller or Seller’s Representative in connection with this Agreement, Purchaser is ☑ is not related by blood relying on any representations or marriage warranties of any kind whatsoever, express or implied, from Seller or Seller’s Representative, or any broker or other agents as to the previous owner of any matters concerning the Property. is ☑ is not currently Purchaser understands the legal significance of the foregoing provisions and acknowledges that they are a HomeSteps Suppliermaterial inducement to Seller’s willingness to enter into this Agreement. (c) This Agreement constitutes the valid and legally binding obligation of Purchaser, which includes employeesenforceable against Purchaser in accordance with its terms. (d) There are no actions, (as defined in “HomeSteps’ Supplier Code suits or proceedings pending or, to the knowledge of Conduct”) approved Purchaser, threatened, against or affecting Purchaser which, if determined adversely to Purchaser, would adversely affect Purchaser’s ability to perform paid services for HomeSteps or a family member of a HomeSteps Supplierits obligations hereunder. d. FREDDIE MAC EMPLOYEES AND THEIR IMMEDIATE HOUSEHOLD MEMBERS ARE PROHIBITED FROM PURCHASING HOMESTEPS PROPERTIES. Purchaser or a member of Purchaser’s immediate household is ☑ is not an employee of Freddie Mac. (An immediate household member means a member of the employee’s family who currently resides in the employee’s homee) No authorization, a non-resident spouseconsent, and a non-resident minor child or dependent for whom the employee has responsibility.) e. The Purchaser represents and warrants that it is not a direct or indirect holder or group (as defined in Section 13(d) and Section 14(d) of the Securities Exchange Act of 1934) of holders of ten percent (10%) or more approval of any class of capital stock of Freddie Mac. f. If Purchaser is a HomeSteps Supplier, or an employee and/or immediate family member of a HomeSteps Supplier, Purchaser represents that Purchaser has not accessed HomeSteps’ information including the Property’s valuation and/or analysis, provided ancillary services such as “trash-outs” and maintenance Governmental Authority (including but not limited to lawn care or repairs to courts) is required for the Property), or participated in the management of the Property at any time during the entire property management execution and sale process; and delivery by Purchaser represents that Purchaser will not engage in any such activities. Purchaser further represents that Purchaser has disclosed to HomeSteps that it is a Supplier and/or family member of a HomeSteps Supplier, and obtained written consent, which may or may not be provided in HomeSteps’ sole discretion, to purchase the Property. g. The Purchaser h. Purchaser further agrees that it will not enter into any contract for deed or lease with option to purchase agreements regarding the resale of the Property, unless Purchaser is a non-profit organization or has obtained Freddie Mac’s prior written consent. Purchaser acknowledges that, in addition to any other remedy available to Freddie Mac, any violation of this agreement may result in Freddie Mac refusing to sell additional REO properties to Purchaser and/or Agreement or the performance of its affiliates. SAMPLEobligations hereunder.

Purchaser’s Representations. Purchaser represents that: a. Purchaser intends does not intend to occupy the Property as Purchaser’s primary residence. b. Purchaser c. Purchaser is ☑ is not related by blood or marriage to the previous owner of the Property. is ☑ is not currently a HomeSteps Supplier, which includes employees, (as defined in “HomeSteps’ Supplier Code of Conduct”) approved to perform paid services for HomeSteps or a family member of a HomeSteps Supplier. d. FREDDIE MAC EMPLOYEES AND THEIR IMMEDIATE HOUSEHOLD MEMBERS ARE PROHIBITED FROM PURCHASING HOMESTEPS PROPERTIES. Purchaser or a member of Purchaser’s immediate household is ☑ is not an employee of Freddie Mac. (An immediate household member means a member of the employee’s family who currently resides in the employee’s home, a non-resident spouse, and a non-resident minor child or dependent for whom the employee has responsibility.)) SAMPLE e. The Purchaser represents and warrants that it is not a direct or indirect holder or group (as defined in Section 13(d) and Section 14(d) of the Securities Exchange Act of 1934) of holders of ten percent (10%) or more of any class of capital stock of Freddie Mac. f. If Purchaser is a HomeSteps Supplier, or an employee and/or immediate family member of a HomeSteps Supplier, Purchaser represents that Purchaser has not accessed HomeSteps’ information including the Property’s valuation and/or analysis, provided ancillary services such as “trash-outs” and maintenance (including but not limited to lawn care or repairs to the Property), or participated in the management of the Property at any time during the entire property management and sale process; and Purchaser represents that Purchaser will not engage in any such activities. Purchaser further represents that Purchaser has disclosed to HomeSteps that it is a Supplier and/or family member of a HomeSteps Supplier, and obtained written consent, which may or may not be provided in HomeSteps’ sole discretion, to purchase the Property. g. The Purchaser h. Purchaser further agrees that it will not enter into any contract for deed or lease with option to purchase agreements regarding the resale of the Property, unless Purchaser is a non-profit organization or has obtained Freddie Mac’s prior written consent. Purchaser acknowledges that, in addition to any other remedy available to Freddie Mac, any violation of this agreement may result in Freddie Mac refusing to sell additional REO properties to Purchaser and/or its affiliates. SAMPLE.

Purchaser’s Representations. Purchaser represents that: a. Purchaser intends does not intend to occupy the Property as Purchaser’s primary residence. b. Purchaser c. Purchaser is ☑ is not related by blood or marriage to the previous owner of the Property. . c. Purchaser is ☑ is not currently a HomeSteps Supplier, which includes employees, (as defined in “HomeSteps’ Supplier Code of Conduct”) approved to perform paid services for HomeSteps or a family member of a HomeSteps Supplier. d. FREDDIE MAC ▇▇▇▇▇▇▇ ▇▇▇ EMPLOYEES AND THEIR IMMEDIATE HOUSEHOLD MEMBERS MEMBERS, ARE PROHIBITED FROM PURCHASING HOMESTEPS PROPERTIES. Purchaser or a member of Purchaser’s immediate household is ☑ is not an employee of Freddie Mac▇▇▇▇▇▇▇ ▇▇▇. (An immediate household member means a member of the employee’s family who currently resides in the employee’s home, a non-resident spouse, and a non-resident minor child or dependent for whom the employee has responsibility.) e. The Purchaser represents and warrants that it is not a direct or indirect holder or group (as defined in Section 13(d) and Section 14(d) of the Securities Exchange Act of 1934) of holders of ten percent (10%) or more of any class of capital stock of Freddie Mac. f. If Purchaser is a HomeSteps Supplier), or an employee and/or immediate family member of a HomeSteps Supplier, Purchaser represents that Purchaser has not accessed HomeSteps’ information including the Property’s valuation and/or analysis, provided ancillary services such as “trash-outs” and maintenance (including but not limited to lawn care or repairs to the Property), or participated in the management of the Property at any time during the entire property management and sale process; and Purchaser represents that Purchaser will not engage in any such activities. Purchaser further represents that Purchaser has disclosed to HomeSteps that it is a Supplier and/or family member of a HomeSteps Supplier, and obtained written consent, which may or may not be provided in HomeSteps’ sole discretion, to purchase the Property. g. The Purchaser h. Purchaser further agrees that it will not enter into any contract for deed or lease with option to purchase agreements regarding the resale of the Property. PURCHASER ACKNOWLEDGES THAT SELLER WILL RELY ON THE FOREGOING REPRESENTATIONS, unless Purchaser is a non-profit organization or has obtained Freddie Mac’s prior written consent. Purchaser acknowledges that, in addition to any other remedy available to Freddie Mac, any violation of this agreement may result in Freddie Mac refusing to sell additional REO properties to Purchaser and/or its affiliates. SAMPLEAND ANY MISREPRESENTATION SHALL CONSTITUTE A MATERIAL BREACH OF THE CONTRACT OF SALE