The purpose of this fact sheet is to describe some of the spider. species in Virginia that people commonly inquire about as being dangerous. This information may help. address a homeownerâs concern about personal safety and possibly eliminate a suspect spider as one of. the more medically dangerous species.
1 The second possibility is where the contract is silent as to whether the representations and warranties survive or expire upon closing.  The third situation is where the contract contains a discrete survival period during which the representations and warranties will continue to be binding on the party who made them.
Pending means they are out of the Option Period to back out of the Contract due to repairs. It means if there where any problems the seller and the buyer have work thru them and Pending is the last stage before they close. I hope this helps. Option Pending means that the transaction is still within the Option Period. During the Option Period, the buyer has the right to terminate the contract for any reason. During this period, the buyer usually has inspections done on the house and negotiates repairs (if any) for items noted on the inspection report.