2020 062 RESOLUTION - Laserfiche WebLink

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163 If Purchaser opts for (b) or (c) above, Purchaser shall provide Seller with a copy of the inspection report(s) identifying 164 the items of concern along with an Addendum removing the inspection contingency including terms for resolution. 165 Seller and Purchaser shall have four (4) days from Seller's receipt of the written list of defects and the inspection 166 report(s) to agree in writing to resolution terms. If the parties do not agree in writing within those four (4) days, then 167 this Agreement shall be deemed null and void and Seller and Purchaser agree to promptly sign a mutual release 168 and the earnest money deposit shall be returned to the Purchaser without any further liability of either party to the 169 other or to Broker(s) and their Agent(s). 170 171 If Purchaser opts for (d), Purchaser shall provide a copy of the written inspection report(s) identifying items of 172 concern to Seller and both parties agree to promptly sign a mutual release and the earnest money deposit shall be 173 returned to the Purchaser without any further liability of either party to the other or to Broker(s) and their Agent(s). 174 Seller agrees to notify Purchaser promptly and in writing of any additional disclosure items that arise between the 175 date of Acceptance and the date of recording of the deed. 176 177 Seller will promptly provide Purchaser with copies of any notices received from governmental agencies to inspect 178 or correct any current building code or health violations. 179 180 The parties agree that Purchaser will be given an opportunity to walk through the Property on or about 181 days prior to the date of title transfer solely for the purpose of verifying that the Property is in the same or similar 182 condition, absent normal wear and tear, that it was in at the time of execution of this Agreement. 183 184 In the event that the walk-through evidences a material adverse change in the condition of the Property, then 185 Purchaser shall promptly notify the Seller and the Escrow Agent in writing. Thereafter the parties shall mutually 186 agree in writing upon an amount to be either: (1) held in escrow from Seller's proceeds pending correction of the 187 material adverse change; or (2) credited to Purchaser through escrow at the time of title transfer. 188 189 If any building or other improvements are destroyed or damaged in excess of ten percent of the purchase price 190 prior to title transfer, Purchaser may either accept the insurance proceeds for said damage and complete this 191 transaction or terminate this Agreement and receive the return of all deposits made. If such damage is less than 192 ten percent of the purchase price, Seller shall restore the Property to its prior condition. 193 194 Purchaser (elect one): 195 ® has received a copy of the EPA pamphlet entitled "Protect Your Family From Lead in Your Home" and a 196 copy of Seller's "Disclosure of lead-based paint and/or lead based paint hazards". 197 ❑ has not received a copy of the EPA pamphlet entitled "Protect Your Family From Lead in Your Home" 198 and a copy of Seller's "Disclosure of lead-based paint and/or lead based paint hazards', hence this 199 Agreement is subject to Seller completing the disclosure form and Purchaser's review and approval of the 200 information contained therein within days from receipt. 201 202 Seller warrants that Seller has disclosed to Purchaser all notices received from the local Sheriffs department 203 pursuant to Ohio's sex offender law. Purchaser acknowledges that any such information may no longer be accurate 204 and agrees to inquire directly with the local sheriffs office about sex offender registration. Purchaser agrees to rely 205 solely on Purchaser's own inquiry with the local sheriffs office as to registered sex offenders, and not Seller or any 206 Broker or Agent. 207 208 For purposes of this Agreement, "Days" shall be defined as calendar days. "Acceptance" shall occur when the latter 209 of the parties signs this Agreement without making material change and then delivers either written or verbal notice 210 of such signatures to the other party or the other party's agent. Facsimile and electronic signatures on this 211 Agreement shall be deemed binding and valid. Upon Acceptance, this offer and all attachments and addenda, shall 212 become an Agreement binding on Purchaser and Seller, their heirs, executors, administrators, and assigns. This 213 Agreement shall be made part of or be used as the escrow instructions and shall be subject to the Escrow Agent's 214 standard conditions of escrow not inconsistent herewith. The terms, covenants, conditions, and provisions of this 215 Agreement to be performed by Seller shall survive delivery and recording of the Deed. 216 217 Electronic Data Security: It is acknowledged and agreed that your Broker, including its agents and 218 employees, will never request for either party to wire funds or to provide confidential financial data, 219 including credit or debit card or bank account numbers. The parties are hereby advised to confirm any 220 transfer instructions directly by telephone with the Escrow Agent identified herein. The parties hereby 221 agree to release all brokers and agents involved in this transaction from any and all claims, damages, and 222 causes of action related to any cyberfraud, cyberbreach, and unlawful electronic data security access by a 223 third party in connection with any agent or broker communications. 4of5 IMIII4L MPF