Definition as is where is basis

You worry that by the time you take possession of the property a few months later, the condition of the property could have deteriorated. Will you have any recourse against the seller before taking possession of the property?

Condition 5. If, after taking possession of the property, you find that its condition has materially changed, you may demand that the seller make the relevant repairs.

Negotiate for a second inspection of the property before completion of the purchase. Negotiate with the seller to include a clause in the OTP making completion of the purchase subject to a second inspection of the property. At the very least, having a second inspection will make it less likely that the seller will allow the condition of the property to deteriorate too much from the first time you viewed it. This is especially if you are able to negotiate for the second inspection to occur closer to the completion date.

Depending on the wording of the clause, the clause may also give you the right to delay completion of the purchase until the seller can deliver the property to you in a condition acceptable to you. Take copious amounts of photos and videos when you view and inspect the property! That way, in the event that you need to resort to legal proceedings to enforce your rights, you will be in a better position to prove your case.

Of course, this approach also has its limitations. For example, videos and photos will not be able to document defects which are not discoverable through visual inspection. UN , Canada's leading global diversified healthcare real estate investment trust, today announced its results for the three months and nine months ended September 30, American Olympic gymnastics gold medalist Sunisa Lee said in an interview with media outlet PopSugar that she was recently pepper sprayed in an anti-Asian attack while out with friends in Los Angeles.

VNRX earnings call for the period ending September 30, Netflix's hit series Squid Game — a phenomenon that inspired thousands of Halloween costumes, Walmart stocking T-shirts with its logo, and a These defects can be patent or latent in nature:. You bear the risk for all defects of quality, whether they are patent or latent in nature.

If you discover any defect of quality in the property only after the purchase has been completed, you may need to seek legal advice to see if you have any recourse against the seller. The one time you inspected the property was the day the seller issued you the OTP. You worry that by the time you take possession of the property a few months later, the condition of the property could have deteriorated. Will you have any recourse against the seller before taking possession of the property?

Condition 5. The vehicle transfer took place on the same day of purchase. An excited Samuel bought the vehicle without asking important questions regarding the vehicle. The LTA vehicle test result sheets indicated that there was a Chassis breakdown on the steering wheel mounting pivot and that the Chassis number area had been tampered with. Subject only to Paragraph 55 " Compliance " and to Landlord constructing the improvements shown on Exhibit B attached hereto , it is hereby agreed that the Premises leased hereunder is leased strictly on an "as-is" basis and in its present condition , and in the configuration as shown on Exhibit B attached hereto, and by reference made a part hereof.

In addition to and notwithstanding anything to the contrary in Paragraphs 8 and this Paragraph 44 of this Lease, Tenant shall have thirty 30 days after the Commencement Date to provide Landlord with a written " punch list " pertaining to defects in the interior improvements constructed by Landlord for Tenant.

As soon as reasonably possible thereafter, Landlord, or one of Landlord 's representatives if so approved by Landlord , and Tenant shall conduct a joint walk -through of the Premises if Landlord so requires , and inspect such Tenant Improvements , using their best efforts to agree on the incomplete or defective construction related to the Tenant Improvements installed for Tenant by Landlord.

Except as noted herein, it is specifically agreed. Subject only to Landlord making the improvements shown on Exhibit B to be attached hereto , it is hereby agreed that the Premises leased hereunder is leased strictly on an. Canada Yield Price means, in respect of any Notes being redeemed, the price, in respect of the principal amount of the Notes, calculated by the Company as of the third business day prior to the redemption date of such Notes, equal to the sum of the present values of the Remaining Scheduled Payments of interest not including any portion of the payments of interest accrued as of the date of redemption and principal on the Notes to be redeemed from the redemption date to the Par Call Date using a discount rate equal to the Government of Canada Yield on such business day plus 30 basis points.