Conceal clause in SE

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How to conceal clause in SE

5 out of 5

25 votes

a common clause in real estate contracts is that property is being sold as is usually the the phrase as is is in capital letters maybe in bold or has quotations around it and what this means is that the buyer is buying the property with all of the faults that it may have usually at a reduced price so itamp;#39;s very common youamp;#39;ll see it in the contract if youamp;#39;re buying property through foreclosure or maybe if youamp;#39;re an investor and youamp;#39;re buying from another investor the property will be sold as is now this does not mean that you cannot inspect the property in most cases you can still inspect the property and if there are major problems you can usually walk away from the deal within a set amount of time and it also does not mean that the seller can be deceitful or dishonest or conceal something so the contract will when it says being sold as-is will also say seller makes no representations and that the buyer must do his own due diligence to to inspect

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What is a condition clause in a contract?

A condition of the contract is a requirement and one or both parties must comply. Conditions of a contract can be expressed or implied. An express condition is one that has been explicitly stated in a contract. An implied condition is not specifically written out, but the law could assume certain conditions exist.

What are concealment clauses in employment agreements?

Concealment clauses are defined as any employment or post-employment agreement, such as arbitration, non-disclosure or non-disparagement agreements, that Apple asks employees or contractors to sign which would limit their ability to discuss unlawful acts in the workplace, including harassment and discrimination.

What are the examples of differing site conditions?

Examples of differing site conditions (DSC) may include unforeseen subsurface conditions, different soils, hidden rock, excessive groundwater, harder rock, higher subsurface rock elevations, hidden structures, a higher water table, buried unsuitable fill, concealed preexisting conditions, or other unanticipated

What is an example of concealment in contract law?

For example, fraudulent concealment may arise when a seller willfully fails to disclose a flaw in a property that they are selling. If an insurance firm hides information regarding a policyholders previous claims history on purpose, it would also be considered fraudulent concealment.

What is the concealed damage clause?

The concealed damage clause states that it is agreed that any loss or damage discovered when unpacking the insured cases, packages, or bales shall be deemed to have occurred during transit and shall be paid for ingly by the insurer unless conclusively proved otherwise.

What is an example of a condition in a contract law?

For instance, in a contract of sales, if you are purchasing a car and the expressed condition is that it must be a specific model, receiving a different model would constitute a bdocHub of contract. This bdocHub of condition gives the aggrieved party the right to reject the car and void the contract.

What is the difference between active and passive concealment?

Passive concealment means not telling someone something important when you should. Its like keeping a secret that could cause problems if it was known. Its different from active concealment, which is when you purposely hide something from someone.

What is the concealed conditions clause?

If defects are discovered in the course of Service, that were not apparent on initial inspection of the Equipment, the Seller shall inform the Buyer about the additional Service and the costs thereof.

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