Common use of Representations and Disclosures Clause in Contracts

Representations and Disclosures. The parties represent to each other that the property listed represents all of the property in which either of them may have an interest. Property and Liabilities Mistakenly Omitted. Any property which is not listed or described and which is later determined to be the separate property of a party shall be and remain the separate property of that party. Any mistakenly omitted property which is not listed or described and is later determined to be the community property of the parties,