GTCof oelheld U.S., Inc., 1100 Wesemann Drive, West Dundee, IL 60118, USA Show OELHELD U.S., INC. (referred to herein sometimes as “SELLER” or “oelheld US”) GENERAL TERMS AND CONDITIONS OF SALE 1. Applicable Law and Jurisdiction. 2. Formation, Integration and Modification. 3. Prices, Payment and Risk of Loss. 4.
Delivery. 5. Inspection, Testing and Rejection. 6. General Express Warranties. 7. Disclaimer and Limitation of Express Warranties. 8. Remedy and Limitation of Seller’s Liability. 9. Disclaimer of
Implied Warranties. 10. User’s Responsibility for
Safety. 11. Indemnification. 12.
Consequential, Incidental, and Other Damages. 13. Security Interest, Power of Attorney. 14. Proprietary Information. 15. Time for Bringing Action. 16. Arbitration. Who must complete the main body of questions in the transfer disclosure statement TDS )?the seller is required to complete a Transfer Disclosure Statement (TDS). 6. You must provide the seller with a signed copy of the "Buyer's Inspection Advisory" and: have it signed and initialed by the seller.
What or who does the seller hire with an agency agreement?A client gives or withholds consent in the agency agreement. Subagents are employees of one broker who assist the principal broker in a transaction. Traditionally, the listing broker is the principal broker and the subagent is a co-broker working with a buyer-customer. A seller hires Broker Y to list a property.
Which of the following is considered a natural hazard zone?A natural hazard zone refers to areas where homes are at greater risk for property damage or destruction by Mother Earth or Mother Nature. These risks include: earthquakes, tornados, landslides, wildfires, volcanoes, hurricanes, tsunamis and other natural disasters.
Which of the following refers to a business that has an actual physical presence?Brick and mortar (also bricks and mortar or B&M) refers to a physical presence of an organization or business in a building or other structure.
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