Contract provision property 2025

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A provision in a contract stipulates a condition or requirement. A clause is a section or subsection written into a contract, which may contain one or more provisions within it.
It is a provision that states that the parties have included all of the terms of their agreement within the contract, and nothing else is applicable. This clause ensures that no additional terms or conditions are added to the agreement without the consent of all parties.
Understanding what makes a contract unenforceable is crucial for anyone entering an agreement. Among other things, A contract can become unenforceable when it lacks mutual consent, involves illegal activities, or when a party lacks the capacity to understand the terms.
Therefore, California courts have held that the effect of an as-is provision is to cause the buyer to take the property in the condition visible or observable to him. As explained by one court, an as is provision may be effective as to a dilapidated stairway but not as to a missing structural member, a
The provision typically requires the purchaser to make a good faith attempt to comply with all the requirements necessary to secure mortgage approval. This clause allows the purchaser to avoid the risk of losing his down payment if his mortgage application fails through no fault of his own.
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Estate Provision means the aggregate of the expenses and outgoings incurred or to be incurred by the Landlord in providing the Estate Services.

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