Common use of Use of Propane Clause in Contracts

Use of Propane. A. Property ❒ does or ❒ does not include a propane tank. B. If there is a propane tank, Seller has 7 (or ❒ ) Days after Acceptance to provide Buyer with all documentation and information regarding the ownership, use and/or leasing information of the propane tank, including non-compliance or citation notices, if any. The Parties understand, acknowledge and agree that the propane tank may or may not contain propane at close of escrow. Any remaining propane in the tank at close of escrow shall transfer to Buyer at no cost to the Buyer.

Appears in 2 contracts

Sources: Purchase Contract, Purchase Contract

Use of Propane. A. Property does or does not include a propane tank. B. If there is a propane tank, Seller has 7 (or ) Days after Acceptance to provide Buyer with all documentation and information regarding the ownership, use and/or leasing information of the propane tank, including non-compliance or citation notices, if any. The Parties understand, acknowledge and agree that the propane tank may or may not contain propane at close of escrow. Any remaining propane in the tank at close of escrow shall transfer to Buyer at no cost to the Buyer.

Appears in 1 contract

Sources: Purchase Contract