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Tennessee Clause Dealing with Representations of Existing Electrical Service and the Ability to Obtain More

State:
Multi-State
Control #:
US-OL9033
Format:
Word; 
PDF
Instant download

Description

The tenant shall at all times comply with the rules, regulations, terms and conditions applicable to service, equipment, wiring and requirements of the public utility supplying electricity to the building.

The Tennessee Clause Dealing with Representations of Existing Electrical Service and the Ability to Obtain More is a significant provision in real estate contracts pertaining to the representation and accessibility of electrical service in a property. This clause outlines the obligations and responsibilities of both the seller and the buyer regarding the existing electrical service, as well as the potential for obtaining additional service if needed. In Tennessee, it is crucial for the seller to accurately represent the state of the existing electrical service in the property being sold. This includes providing details on the size, capacity, condition, and overall functionality of the electrical system. The purpose of this representation is to ensure that the buyer is aware of any limitations or issues related to the electrical service before purchasing the property. Furthermore, the Tennessee Clause also addresses the ability to obtain additional electrical service, if required. This allows the buyer to assess whether the existing electrical service is sufficient for their needs or if upgrades or reinforcements are necessary. The clause clarifies that if additional service is required, it becomes the buyer's responsibility to make the necessary arrangements with the relevant electrical service provider. It's worth noting that there could be variations of the Tennessee Clause Dealing with Representations of Existing Electrical Service and the Ability to Obtain More, depending on the specific requirements of the property or the negotiations between the parties involved. These variations may include specific conditions related to upgrades, cost-sharing, or the timeline for obtaining additional electrical service. Key terms related to this clause and its variations include: Tennessee real estate contracts, electrical service representation, existing electrical service, additional electrical service, upgrades, reinforcements, electrical service provider, cost-sharing, and timeline. Overall, the Tennessee Clause Dealing with Representations of Existing Electrical Service and the Ability to Obtain More ensures transparency and accountability regarding the electrical service in a property transaction, safeguarding the interests of both the buyer and the seller.

The Tennessee Clause Dealing with Representations of Existing Electrical Service and the Ability to Obtain More is a significant provision in real estate contracts pertaining to the representation and accessibility of electrical service in a property. This clause outlines the obligations and responsibilities of both the seller and the buyer regarding the existing electrical service, as well as the potential for obtaining additional service if needed. In Tennessee, it is crucial for the seller to accurately represent the state of the existing electrical service in the property being sold. This includes providing details on the size, capacity, condition, and overall functionality of the electrical system. The purpose of this representation is to ensure that the buyer is aware of any limitations or issues related to the electrical service before purchasing the property. Furthermore, the Tennessee Clause also addresses the ability to obtain additional electrical service, if required. This allows the buyer to assess whether the existing electrical service is sufficient for their needs or if upgrades or reinforcements are necessary. The clause clarifies that if additional service is required, it becomes the buyer's responsibility to make the necessary arrangements with the relevant electrical service provider. It's worth noting that there could be variations of the Tennessee Clause Dealing with Representations of Existing Electrical Service and the Ability to Obtain More, depending on the specific requirements of the property or the negotiations between the parties involved. These variations may include specific conditions related to upgrades, cost-sharing, or the timeline for obtaining additional electrical service. Key terms related to this clause and its variations include: Tennessee real estate contracts, electrical service representation, existing electrical service, additional electrical service, upgrades, reinforcements, electrical service provider, cost-sharing, and timeline. Overall, the Tennessee Clause Dealing with Representations of Existing Electrical Service and the Ability to Obtain More ensures transparency and accountability regarding the electrical service in a property transaction, safeguarding the interests of both the buyer and the seller.

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Tennessee Clause Dealing with Representations of Existing Electrical Service and the Ability to Obtain More