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.
Waiver of Contingencies. This waiver of contingencies clause explains the problems associated with missing deadlines as stated in paragraph 5 Time is of the Essence. The Buyerâs failure to meet deadlines imposed by any inspection/repair contingency clause will act as a waiver of the contingency, which means the Buyer will accept the property. Again, it is important you understand that every calendar day is included in the contingency period. This includes weekends and holidays.