Things you should know

If you   intend to buy property from Land Trust, you should be aware of the following:

Although most tax liens are removed from   properties acquired by Land Trust, certain liens of the US Government may remain in effect.   You should make a title search before you buy Land Trust property. You should   also obtain a title insurance policy when you do make a purchase.

Under state law, Land Trust conveys title to   any property it sells by means of a special warranty deed. This deed includes   only a warranty against claims arising out of Land Trust’s ownership of the   property. If anyone obtains a judgment against the property arising out of   Land Trust’s ownership, Land Trust would be responsible to refund the   purchase price of the property or pay the judgment, whichever is less. The   special warranty deed does not include any warranty against claims arising   from previous ownerships or   liens. Therefore, prior liens, easements, judgments, or any other   encumbrances that follow the land are not warranted.

Land Trust does not select the properties   that it acquires. It takes title to any properties that are foreclosed for   taxes in Jackson County (outside the limits of Kansas City and Blue Springs). Generally,   Land Trust has not surveyed its properties and is not apprised of their   history. For that reason, in all cases, Land Trust, its agents and employees   make no representations as to the condition or location of Land Trust   properties. All   properties are sold as is and where is.

You should examine any property on which you intend to make an offer. You also should examine any records relating to the property. Where a property includes a building, you should inspect the building, both inside and out, before making an offer. To find out how to obtain access to property, call Land Trust at (816) 221-3366.