The information contained in any of the marketing and due diligence material is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Hilco Real Estate ("HRE") and should not be made available to any other person or entity without the written consent of HRE.
Additionally and specifically, the information contained in art appraisal provided by Art Asset Management Group, Inc, is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Hilco Real Estate ("HRE") and should not be made available to any other person or entity without the written consent of HRE.
All materials and information received or derived from HRE, its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without representation or warranty as to completeness, veracity or accuracy, condition of the property, compliance/lack of compliance with applicable governmental requirements, developability or suitability, current financial performance or the property's projected financial performance for any party’s intended use or any and all other matters.
Neither HRE, its directors, officers, agents, advisors or affiliates makes any representation or warranty, expressed or implied, as to accuracy or completeness of any materials or information provided, derived or received. Materials and information from any source, whether written or verbal, that may be furnished for review, are not a substitute for a party’s active conduct of its own due diligence to determine these and other matters of significance to such party. HRE will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed to in writing.
EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.
Any party contemplating, under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations through appropriate third party, independent professionals selected by such party. All financial data should be verified by the party, including obtaining and reading applicable documents/reports and consulting appropriate independent professionals. HRE makes no warranties and/or representations regarding the veracity, completeness or relevance of any financial data or assumptions. HRE does not serve as a financial advisor to any party regarding any proposed transaction. All data and assumptions regarding financial performance, including those used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions, vacancy factors and other issues in order to determine rents from or for the property.
Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services are marketed by HRE in compliance with all applicable fair housing and equal opportunity laws.