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This study does not purport to be an all inclusive list of all the considerations undertaken in order to arrive at our opinion of market conditions. The study is a summary of our findings and does not include all of the data considered by the consultant since it would be impractical to present it in its entirety.
In the event that this study is used as a basis for a selling or purchase price, or as security for a loan, or for insurance, taxes, financial statements or any other purpose. The reader is reminded that our conclusions are estimates and speculative in nature and cannot be guaranteed. No responsibility is assumed by the consultant for the sellers or lenders inability to obtain a purchaser, or dispose of the property at the value estimated nor within the time frame estimated herein. Neither are our conclusions meant to be a recommendation to use the subject as collateral for a loan or to buy, sell or lease the subject property at any given price.
Comparables
Information regarding sales and rentals of comparable properties was obtained from title companies and other sources believed to be reliable, and the information is believed by the consultant to be accurate. The reliability of such sources, and the accuracy and completeness of the information cannot, however, be guaranteed. Neither can we guarantee that all pertinent information was revealed to the consultant.
Information Provided
Plats and other drawings were provided to the consultant by others; and while they are believed to be accurate, their correctness cannot be guaranteed. The study is subject to the effects on value caused by matters which a current and correct survey would show. Again, the writers are not engineers and, therefore, a current and complete survey is required in reviewing our conclusions. All plot plans and other illustrative materials are included only to assist the reader in visualizing the property, and should not be used for any other purpose.
Not Engineers
The consultants are not engineers and make no representations as to the structural soundness of the buildings, condition of the heating and air conditioning units or other equipment, or any needed repairs.
The writers assume that there are no unsafe materials in the property, and that no environmental hazards of any kind are present unless specifically referred to. The reader is cautioned that the consultant is not qualified to recognize the existence or extent of use of such unsafe materials including asbestos, radon gas, formaldehyde gas, traces of dumping, lead or lead paint, or any environmental hazards.
Hazardous Materials
The consultant is not qualified to judge the effects or hazards created by any prior occupant of the property who may have been suffering from a communicable disease, and the writers offer no opinions or comments on this subject. It is the responsibility of the reader to ascertain whether or not there was a prior occupant with a communicable disease, or prior use of any kind, that could create a hazard, and the degree of hazard this may present to future occupants.
The consultant is not qualified to make representation as to soil conditions, including but not limited to its ability to support foundations, to drain properly, slippage (soil, rock, etc.) depressions, sinkholes, or for any other defect. Neither are we qualified to detect flood or environmental hazards such as chemical waste, refuse or any other contamination or soil, or building condition that might affect the use or value of the property, nor are we qualified to detect or recognize wetlands, or flood hazards unless specific information regarding such is availed to us. Our study is based upon the assumption that none of these adverse conditions exist, unless it is specifically stated otherwise in the body of the report.
Laws
It is assumed that there is full compliance with all applicable federal, state and local environmental, zoning, safety, and all other applicable
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