Terms & Conditions
Real estate is a tool that can be used to change your lifestyle. It may allow you to move out of your current situation and enjoy a new start. Real Estate may also store value or even generate income as a financial tool. Whatever the end goal may be for purchasing real estate there are many things to know and consider.
This real estate sale is As Is. The real estate is what it is. Do your due diligence ahead of time and make sure this is the Real Estate you want. Seller has not been to the parcel(s). It may cost money to resell it. It may take a lot of time. You may end up paying taxes and fees before you could ever resell it. There are no refunds and or exchanges unless otherwise noted for this particular parcel(s).
Arbitration to be governed by the Commercial Arbitration Rules or where applicable consumer arbitration rules of the American Arbitration Association “AAA”. The AAA rules are available at www.adr.org or by calling the AAA at 1-800-778-7879. The AAA shall administer the arbitration. If the AAA is unavailable the arbitration will be administered by another arbitration provider that the parties agree to or that the court selects.
Laws governing Real Estate use
Seller is not responsible for current or future laws governing the use of real estate. No matter what was said in the presentation or representation of this real estate. Seller is not an attorney. Laws change, some laws are old and irrelevant some laws are enforced with a vengeance. Purchasing Real Estate comes with a responsibility to know and understand the local laws and customs to abide by. It may be a good idea to get a local real estate attorney to counsel you on what you may and may not be able to do with or on the land. There are Federal Laws governing the use of your land. There are state laws governing the use of your land. There are county laws governing the use of your land. Their may be city laws governing the use of your land. Their may be neighborhood rules governing the use of your land. Check them all. There may be other rules too. Even when the rules allow for certain uses and or activities you may need to apply for them and or pay fees to enjoy them. Seller is not responsible for the rules and regulations.
Real Estate has neighbors. Seller is not responsible for the neighbors. They may or may not be present upon inspection. They may be rude, noisy, in the way and not anyone you get along with. They may keep exotic animals. They may store dangerous chemicals. They may pile junk sky high. If you have a problem with the neighbors call the sheriff. Part of buying Real Estate includes the neighbors. Please check in on the neighbors and do your own due diligence.
Seller is not responsible for noise. Part of buying real estate is considering the noise. There may be an airport, train track, road, barking dogs, roosters to wake you up, partying neighbors, fireworks to dive your dogs crazy, gun shots and or all kinds of wildlife. Go to the property and spend some time there to get an idea of what the noise is like before buying.
Seller is not responsible for the smell. There may be cows, pigs, mushrooms, chickens or any kind of other smells in the area. The small may change with the wind and the seasons. Research the area to see what if anything may cause unwanted smells and decide for yourself if they are acceptable.
Seller is not responsible for the view. Unless otherwise noted seller does not know of any changes to the views but they happen over time. Check and see if there is anything about to be built and block the views.
Real Estate is easier to use when you can drive up to it. Not all real estate can be easily accessed. The road my need some work, trees cut, holes patched, bushes trimmed back, bushes removed, gravel added, graded, culverts set, bridges repaired or installed etc. The route may not be recorded with the proper verbage for everyone to consider it legal. Neighbors might of blocked it off. There may be livestock gates with no signs or directions to pass through. You might have to add your own locks. You might have to track down the owners and befriend, barter or bribe them to use “their” routes and gates. There may not be a route to the subject parcel at all. You might have to negotiate your own route. Even if you figure out access for yourself deliveries and emergency services may still not be able or willing to get there. Seller is not responsible for access to the subject parcel. Go visit and see before you buy it.
All real estate taxes billed on or after this date are the sole responsibility of the purchaser. Some counties bill late into the year for last years taxes. Some bill for future taxes. If they have billed by this date then the seller will pay the taxes unless otherwise noted.
Seller has no knowledge of any water, mineral, gas or oil rights, unrecorded easements or claims of easements, boundary line disputes or claims of such grants or rights relative thereto unless noted.
Junk and other Items
Seller does not know of any junk or other items left on the property unless otherwise noted. If you find junk or other items on the property it transfers with the property. There may be old cars, boats and or RV’s the seller does not have title to unless noted. Many real estate buyers contact their local salvage yard who will often pay to recycle these items. Other items may be disposed of to the buyers satisfaction. Seller is not responsible for junk and other items on the property.
Natural Disasters are a reality. Real Estate is subject to forest fires, floods, volcanoes, hurricanes, storms, earthquakes, mudslides, tsunamis, and many other natural disasters. Seller is not responsible for natural disasters.
Seller shall pay off and transfer all known utilities unless otherwise noted.
Water bills are paid off by the seller at the time of purchase unless otherwise noted.
Title is Public
All real estate titles are public in the US. The local County Recorder, Clerk or Bureau of Conveyances has a duty and open office to serve the public. They serve recorded documents on real estate transfers. Anyone can read anyone’s title on real estate. You can go look up what banks your neighbors are using for their mortgages and often times see their interest rates and terms too. Like the seller has done you too can also research real estate before purchasing it. Please go research before you buy or hire someone to do so for you. Seller has no knowledge of any lien or special assessment upon the premises. There are no delinquent taxes, special assessments, water bills, sewer bills and assessments, weed or tree cutting bills, board up fees, tap-in fees, utility bills, or Homeowners Association fees covering subject property unless noted. Seller has paid or will pay off any fees known unless otherwise noted.
Maps, pictures and diagrams of the land are a representation believed to be true and are meant to show where the land is. These representations are often flawed with multiple layers of satellite imagery and boundary lines laid out over a round earth and topography. The sources are from county data as well as third party databases believed to be accurate. From time to time they are very wrong. Seek the service of a local licensed professional surveyor to mark the boundaries before building anything of value. Local building codes usually require you to get a survey before obtaining building permits. Some areas have not been surveyed in modern history and the lines need to be brought in from a great distance that may be expensive. Other properties have proper markers at the lot lines.
If purchasing this Real Estate on payment terms other than instant purchase all agreed upon payments are to be paid on time. If a payment is more than 30 days overdue seller reserves the right to keep all funds and Real Estate. Seller reserves the right to resell the Real Estate. It’s the buyers responsibility to stay on top of the payments. Automatic payment systems are convenient but they fail and they change or get bought out over time, stay on top of your payments and keep your contact information updated. Seller reserves the right to change the agreed upon payment system with 30 days notice.
Seller is to get the deed recorded and delivered as soon as possible after the property is fully paid for. Sometimes it takes days and sometimes it may take months. Sometimes there may be multiple signatures to collect and the time of the logistics to do so may delay delivery of the recorded deed. Sometimes deeds are rejected by the county recorder or assessor. It’s usually just a matter of paperwork. Most common reasons are a title is missing by a signature or a date is out of order or not matching another date. The transfer taxes are miscalculated and less than $1 is overpaid or due. Sometimes it has something to do with the legal description describing current maps and depictions of the parcel(s) or some minor typo may have been carried over. All things that are easy to fix with more paperwork but take back and fourth time. Please give the seller time to cure title and get the recorded deed to you.
Seller is not responsible for the Mailing address. There may be a mailing address for the property or there may not. Seller and especially real estate websites try to assign mailing address to locations that may or may not make sense or even exists. Please talk to the local postman about the address for your property. They may assign you a 911 address to use for location until you habit the property before they may deliver mail.