2. Buyer or Seller acknowledges Firm has recommended that Buyer consult with a professional for an opinion regarding each service listed above to be performed pursuant to Buyer’s purchase of the property. Buyer hereby agrees to indemnify and hold Firm harmless from and against any and all liability, claim, loss, damage, suit, or expense that Firm may incur either as a result of Buyer’s selection and use of any of the listed service providers or Buyer’s election not to have one or more of the listed services performed. *NOTE REGARDING SURVEYS : Situations arise all too often that could have been avoided if the buyer had obtained a new survey from a NC registered surveyor. A survey will normally reveal such things as encroachments on the Property from adjacent properties (fences, driveways, etc.); encroachments from the Property onto adjacent properties; road or utility easements crossing the Property; violations of set-back lines; lack of legal access to a public right-of-way; and indefinite or erroneous legal descriptions in previous deeds to the Property. Although title insurance companies may provide lender coverage without a new survey, the owner’s policy contains an exception for easements, set-backs and other matters which would have been shown on a survey. Many such matters are not public record and would not be included in an attorney’s title examination. In addition, if the buyer does not obtain their own survey, they would have no claim against a surveyor for inaccuracies in a prior survey.
OTHER IMPORTANT NOTES: •
ALTHOUGH FIRM MAY PROVIDE BUYER THE NAMES OF PROVIDERS WHO CLAIM TO PERFORM SERVICES IN ONE OR MORE OF THE LISTED AREAS, BUYER UNDERSTANDS THAT FIRM CANNOT GUARANTEE THE QUALITY OF SERVICE OR LEVEL OF EXPERTISE OF ANY SUCH PROVIDER. • BUYER AGREES TO PAY THE FULL AMOUNT DUE FOR ALL SERVICES DIRECTLY TO THE SERVICE PROVIDER WHETHER OR NOT THE TRANSACTION CLOSES.
____________________________________________________ Signature of individual agent Coldwell Banker Howard Perry and Walston Real Estate Firm Date:________________________________________________
___________________________________________________ Buyer Date: ______________________________________________ ___________________________________________________ Buyer Date:_______________________________________________ Entity Buyer: ___________________________________________________ (Name of LLC/Corporation/Partnership/Trust/etc.) By: _______________________________________________ Name: _____________________________________________ Title: ______________________________________________ Date: ______________________________________________
Coldwell Banker Howard Perry and Walston Revised 7/2019 ©7/2019
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