Representations and warranties are always a matter for negotiation.
Seller makes no representations or warranties.
That way, the seller is not guaranteeing unknown facts or conditions. If you are buying income-producing property, your lawyer may want the seller to guarantee the accuracy of the rental income figures as well as the expenses the seller has represented to you. You may also want the sales contract to include a statement that the seller is aware of no hidden defects in the building that is, defects that your inspector is unlikely to discover. Someone Find out how often someone has sued or been sued, and about bankruptcies and liens. It provides general legal information to help people understand their legal rights in 100 legal topics, but is not a substitute for personal legal advice from an attorney.