Waiver & Release Regarding Property Condition
DJIC
MORTGAGE
CORPORATION
ASSET # oof8830182
WAIVER & RELEASE
REGARDING PROPERTY CONDITION
All named Buven mUlt lDillal this document at the time of CONTRACT, thereby acknowledging this form's
existence and this form's requirement at CLOSING.
BUYER(S)' INITIALS
I)
In consideration of the purchase of the property located at 4040 31ST AVENUE NORTHEAST NAPlES ~ 34120 .
(the "Property"), pursuant to the Contract of Sale between Coli,", County (the "Buyer")
and the Seller, dated ApnlIl8.2D09 . (the "Conlract"), BUYER ACCEPTS TIlE PROPERTY IN ITS "AS IS"
CONDmON AT TIlE TIME OF CLOSING AND HEREBY RELEASES SELLER AND ITS AGENTS FROM
LIABILITY FOR ANY KNOWN OR UNKNOWN DEFECf IN THE PROPERTY AND/OR ITS COMPONENTS
AND CONTENTS now existing or which may arise in the future, or which Seller may have undertaken to repair or
replace prior to the date of this Release; and, Buyer hereby waives any rights which Buyer may now have or which
may arise in the future regarding the repair or replacement of any defect in the Propeny or its components by Seller.
Buyer acknowledges that the Seller has acquired the Property as a result of some type of legal collection efforts
including, but not limited to foreclosure. The Property is not new and is being sold in its present "AS IS' condition
WITHOUT REPRESENTATION OR WARRANTY (EXPRESSED OR IMPLIED), regarding the condition of
Propeny and that this fact may be reflected in the condition of the Property, including but not limited to, fixtures such
as heating, air conditioning units, appliances and any mechanical components appurtenant to the Property.
Buyer acknowledges that the Seller gave Buyer the right to inspect Property and its conten19 and at BUYER'S expense,
have the Property and its contents inspected by another person to determine whether any defects exist. Seller has
performed all repairs and/or replacements required under the terms and conditions of the Contract and other repairs
which Seller may have agreed to perfonn, ifany, to the complete satisfaction of the Buyer.
If Buyer chose not to inspect the Property and its contents or if the Buyer did not cause a complete inspection of the
Property to be made, or if Buyer did not inform Seller in writing of any defects in the Propeny within the time limit set
forth in the Contract, then Buyer is deemed to have accepted the condition of the Property and its components and
contents ss satisfactory and Seller and its agents have no liability with respect to them.
EXECUTE THIS WANER AND RELEASE ONL Y AT CLOSING AND NOT PRIOR THERETO.
Executed this 01
day of Aprl.2009
Buyer(s):
~ ~ 516JJI}~FA&s-
h~~lo
(Buyer)
(Witness)
THIS DOCUMENT IS A REQUIREMENT ON ALL CLOSINGSI
O:\REO\JBAMDJSX An. ](JOO\WAIVEI.A llELEASE enITED APRD.2000
l061114.1
IN WITNESS WHEREOF, the parties hereto have executed this Agreement on
this day of , 2009
Date Property acquisition approved by BCC: March 24, 2009, Item 10F
AS TO PURCHASER:
DATED:
ATTEST.),.",'
DWlGHT .~: .B~Q~K, Clerk
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BOARD OF COUNTY COMMISSIONERS
COLLIER C NTY, FLORIDA
AS TO OWNER: .
DATED:
BY:
Witness (Signature)
Name:
(Print or Type)
Printed Name
Witness (Signature)
Title
Name:
(Print or Type)
Approved as to form and
legal sufficiency:
Jl,.~ 7 W~
Si e..uu,\ -r: w:' I : 4 11I1.J
Assistant County Attorney