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Page 4 <br /> <br /> TERMS AND CONDITIONS <br /> <br />A. Payment for all services shall be due and payable on the date said <br />services are performed. If said sum is not paid within thirty (30) days <br />after the services that have been performed, an additional charge of 1 <br />1/2% per month shall become due as an additional charge for the rendered <br />services. No relationship shall exist between any payments to or due from <br />other parties and payment due for services rendered. <br /> <br />B. Client shall have a duty to advise the Consultants at the commence- <br />ment of and during the study relative to the following items of which he <br />may have knowledge, which may have a bearing on the factors being re- <br />searched and conclusion(s) being formulated by the Consultants. The <br />Consultants shall be the final judge of their appropriateness or inclusion <br />in the study for the purposes intended, nor shall failure to ask for any <br />item be considered an act of omission. <br /> <br /> 1. An accurate legal description. <br /> <br /> 2. Preliminary Title Report. <br /> <br /> 3. Leases; immediately past, present, and pending. <br /> <br /> 4. Income and expense statements; preferably for the last 3 years. <br /> <br /> 5. Proposed future rents and projected expenses. <br /> <br /> 6. Master Plan and/or Construction Plans. <br /> <br /> 7. Surveys which may be pertinent, i.e., Boundary, Topographical, <br /> Aerial, Soils, Subsoil, etc. <br /> <br /> 8. Structural Pest Control and other condition surveys. <br /> <br /> 9. Favorable or unfavorable actions by public agencies, rating <br /> bureaus, and boards responsible for industry standards. <br /> <br />C. Abandonment or suspension of the Study shall not relieve the Client <br />of monies due. The Consultants shall be paid for their services perform- <br />ed, and all work and such extra work caused or on account of it shall be <br />paid for at no less than usual daily charges plus expenses computed in our <br />usual manner. <br /> <br />D. Ownership of all file copies of calculations, photographs, and texts <br />of reports, as instruments of service, under all circumstances is that of <br />the Consultants. <br /> <br /> <br />