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RELEASE
This release is given by xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx ("Xxxxxxxxxxxxxxxxxxxxxxxx")
to Richmond American Homes of Virginia, Inc., ("Richmond American") and is
intended to effect the settlement and release of any claims by
Xxxxxxxxxxxxxxxxxxxxxxxx against Richmond American hereinafter set forth.
WITNESSETH
WHEREAS, Xxxxxxxxxxxxxxxxxxxxxxxx entered into a Purchase
Agreement with Richmond American dated May 14, 2000 ("Purchase Agreement"). The
Purchase Agreement provided for the construction and sale of a new home in
Prince William County, Virginia, with a street address of ^^^^^^^^^^^^^^^^^^^^
("Home"). The Home was constructed by Richmond American and sold to
Xxxxxxxxxxxxxxxxxxxxxxxx in accordance with the terms and conditions of the
Purchase Agreement; and
WHEREAS, Xxxxxxxxxxxxxxxxxxxxxxxx have alleged that there are
and or were certain breaches and/or defects associated with the Home, and
specifically related to the flooring and coverings in the Home, and
Xxxxxxxxxxxxxxxxxxxxxxxx have notified Richmond American and others of these
claimed defects; and
WHEREAS, it is now the desire and express intention of
Xxxxxxxxxxxxxxxxxxxxxxxx and Richmond American to resolve such claims, and
Xxxxxxxxxxxxxxxxxxxxxxxx have agreed to execute this Release in full and
complete settlement of any and all claims, disputes, disagreements, and
potential litigation between the parties in connection therewith.
NOW, THEREFORE, in consideration for the following to be
provided by Richmond American at the Home, the receipt and sufficiency of which
is hereby acknowledge:
- Squeaking and uneven sub-floor shall be repaired and adjusted on the 1st
and 2nd levels;
- Overlay (and screw fasten) one half inch plywood existing sub-flooring
on the first and second floors;
- Adjustment of the bottoms of doors after the installation of the one
half inch plywood floorboards;
- Replacement of existing carpet with new carpet of the same original
selection shall be laid on the stairs and entire 2nd floor except
two bathrooms and laundry room;
- Replacement of existing vinyl with new vinyl of the same original
selection shall be laid in the 2nd floor master bathroom, hall
bathroom and laundry room;
- Draftiness and insulation problems of the home shall be corrected,
especially in the areas of the Master suite, Fireplace, Front Door, Garage
Door and Basement;
- Uneven bulges, seams, stud attachments and nail pops on all wall
surfaces across the entire house to be repaired and/or adjusted;
- Family Room window problems shall be corrected for proper installation,
as they are binding and/or loose;
- Stained/Discolored fireplace stones to be replaced;
- Structural noise in the presence of wind shall be addressed;
- Protruding, uneven and out of square tiles in Mater Bathroom shall be
corrected;
- Trim finish in both upstairs bathrooms shall be corrected;
- Distressed and dead lawn shall be aerated, over seeded, and fertilized,
or replace with new healthy lawn;
- Hole from relocated tree shall be back-filled with Sod;
- Ailing/dead trees and plants at the front of house shall be replaced
with new healthy trees/plants of the same kind and species;
- Exposed drainage at the rear of house shall be reoriented and positioned
correctly so that it drains away from house;
- Stains on front concrete stoop shall be removed;
- Install hardwood floors, Bruce CB-826 Solid Edge, Butterscotch, on the
entire first level.
Conditioned upon and subject to the satisfactory
completion of the work identified as A through R above,
Xxxxxxxxxxxxxxxxxxxxxxxx agree as follows:
- Xxxxxxxxxxxxxxxxxxxxxxxx release and forever discharge Richmond
American and its officers, directors, shareholders, parent companies,
subsidiaries, affiliates, employees, agents, representatives, architects,
engineers, contractors, subcontractors and suppliers, from any and all
claims, damages, debts, demands, liabilities, losses, suits, actions and
causes of action, which Xxxxxxxxxxxxxxxxxxxxxxxx have or may have against
Richmond American arising from, regarding or related to the appearance,
quality, status or condition of the Home and Xxxxxxxxxxxxxxxxxxxxxxxx
shall, by no later than _________________, 2002, remove from the internet
all displays, e-mails, items, matters, postings, references or sites
regarding or related to the Purchase Agreement, the Home and/or Richmond
American, and all such references to the Purchase Agreement, the Home and
Richmond American shall be and remain permanently removed from the
internet and from all media or other third-party exposure.
- Xxxxxxxxxxxxxxxxxxxxxxxx preserve all rights they have under RWC New
Home Warranty for any matters other than the appearance, quality, status
or condition of the areas, fixtures, floorings, parts and/or structures of
the Home.
- Xxxxxxxxxxxxxxxxxxxxxxxx understand and agree that except as to any
disclosure which may be required by law, Xxxxxxxxxxxxxxxxxxxxxxxx shall
not distribute, file, record or reveal this Release or disclose the fact,
nature, terms or conditions of the parties’ disputes, settlement or this
Release to any other persons, firms, organizations or agencies, without
the express, prior, written consent of Richmond American.
Xxxxxxxxxxxxxxxxxxxxxxxx understand and agree that this settlement is made to
compromise disputed claims, and it shall not be construed or represented as an
admission of liability by Richmond American and any claimed liability is
expressly denied by Richmond American.This Release the entire agreement between
the parties, and such agreement may not be amended, altered, modified or changed
unless such amendment, alteration, modification or change is in writing and is
signed by all of the parties to be charged thereby.This Release shall be binding
upon Xxxxxxxxxxxxxxxxxxxxxxxx and their heirs, successors and assigns, for the
benefit of Richmond American and its successors and assigns.The Release shall be
governed by and construed under the laws of the Commonwealth of Virginia.
_________________ Date
XXXXXXXXX
________________ Date
XXXXXXXXX
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