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2004 S ERCD - MARTHA ADAMS GALLI, and ANN A. ADAMS and JO OZART Purchase the Adams Tract/Grant of Conservation Easement From Carrboro to Orange County
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2004 S ERCD - MARTHA ADAMS GALLI, and ANN A. ADAMS and JO OZART Purchase the Adams Tract/Grant of Conservation Easement From Carrboro to Orange County
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Last modified
4/14/2011 12:08:53 PM
Creation date
2/21/2011 2:53:40 PM
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BOCC
Date
6/23/2004
Meeting Type
Regular Meeting
Document Type
Contract
Agenda Item
9b
Document Relationships
Agenda - 06-23-2004-9b
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\Board of County Commissioners\BOCC Agendas\2000's\2004\Agenda - 06-23-2004
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without limitation, any materials containing asbestos), in or under the Property or use in <br />connection therewith. <br />(iv) Except as otherwise provided herein, Buyer is relying solely on its <br />own investigation as to the Property and its value and is assuming the risk that adverse physical, <br />economic or other conditions (including, without limitation, adverse environmental conditions <br />and the status of compliance with the requirements of the Americans with Disabilities Act) may <br />not have been revealed by such investigation. Buyer agrees that the Property is to be sold to and <br />accepted by Buyer, at Closing, in the condition it is in "AS-IS," subject only to the <br />representations and warranties made by Seller elsewhere in this Agreement. <br />(2) Seller's obligations under this Paragraph 3(f) shall survive the closing for <br />2 years and continue in full effect notwithstanding receipt by Seller of the purchase price. <br />(g) Representations/Warranties. All representations and warranties contained in this <br />Agreement are true and correct as of the date of execution of this Agreement and will be true as <br />of the Closing Date and shall survive the Closing and execution and delivery of the Deed for 2 <br />years and shall not be merged therein. Provided, however, the warranties contained in the Deeds <br />shall have a duration as provided by law. <br />4. SETTLEMENT CHARGES: <br />(a) Seller shall pay for the preparation of a deed, for the preparation and recording of <br />all documents necessary to convey marketable fee simple title free of liens and encumbrances, <br />and for the excise tax required by law. <br />(b) Buyer shall pay for recording the deed. <br />5 <br />
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