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Agenda - Council - 04/12/2005
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Agenda - Council - 04/12/2005
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3/21/2025 1:47:09 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
04/12/2005
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(4) Buyer shall have the right to have inspections of the Property conducted prior to <br /> closing. Other than the representations made in this paragraph 10.k., the Property is <br /> being sold "AS IS" with no express or implied representations or warranties by <br /> SELLER as to physical conditions, quality of construction, workmanship, or fitness <br /> for any particular purpose. <br /> <br />(5) WELL DISCLOSURE. <br /> <br />[Check either A or B:] <br /> <br />[] A. SELLER certifies that SELLER does not know of any wells on the Property. <br /> <br /> B. Wells on the Property disclosed by SELLER on the attached Well Disclosure <br /> form. <br /> <br />(6) SEWAGE TREATMENT SYSTEM DISCLOSURE. <br /> <br />[Check either A or B:] <br />[] A. SELLER certifies that sewage generated at the Property goes to a facility <br /> permitted by the Minnesota Pollution control Agency (municipal sewer system). <br /> <br />[.~ B. SELLER certifies that sewage generated at the Property does not go to a facility <br /> permitted by the Minnesota Pollution Control Agency and SELLER's Disclosure of <br /> Individual Sewage Treatment System is attached (attach form). <br /> <br />[Check either C or D:] <br />[]C. SELLER does not know if there is an abandoned individual sewage treatment <br /> system on the Property. <br /> <br />[_~_] D. SELLER knows that there are / are no abandoned individual sewage treatment <br /> systems on the Property. If SELLER discloses the existence of an abandoned <br /> individual sewage treatment system on the Property, then Minnesota law requires <br /> that the location of the system be disclosed to Buyer with a map [Attach SELLER's <br /> Disclosure of Individual Sewage Treatment system with map completed.] <br /> <br />SELLER has not appealed any real estate tax or assessment payable on <br />the Property and has made no commitments or agreements with any taxing <br />authorities in respect thereto relating to any year subsequent to the year of <br />closing. <br /> <br />SELLER'S INDEMNITY. SELLER will indemnify BUYER, its <br />successors and assigns, against, and will hold BUYER, its successors and <br />assigns, harmless from, any expenses or damages, including reasonable <br />attorneys' fees, that BUYER incurs because of the breach of any of the <br />representations and warranties contained in this Paragraph 10., whether <br />such breach is discovered before or after closing. Each of the <br />representations and warranties herein contained shall survive the Closing. <br />Wherever herein a representation is made "to the best knowledge of <br />SELLER", such representations is limited to the actual knowledge of <br />SELLER. Except as herein expressly stated, BUYER is purchasing the <br />Property based upon its own investigation and inquiry and is not relying <br />on any representation of SELLER or other person and is agreeing to <br /> <br /> <br />
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