Common use of CONDITION OF PERSONAL PROPERTY AT CLOSING Clause in Contracts

CONDITION OF PERSONAL PROPERTY AT CLOSING. All personal property included in the sale and all mechanical, electrical, heating, air conditioning, sewer, water and plumbing systems will be in the same working order at the time of closing and in the same condition as at the time of the initial inspection by Purchaser reasonable wear and tear excepted. If Seller fails to replace any missing appliances or personal property or dead-bolt locks that were located on the Property as of the expiration of the Inspection Period, Purchaser shall have the option of waiving such requirement, in writing, and proceeding to closing, or Purchaser may terminate this Agreement and obtain a prompt return of its deposit.

CONDITION OF PERSONAL PROPERTY AT CLOSING. All personal property included in the sale and all mechanical, electrical, heating, air conditioning, sewer, water and plumbing systems will be in the same working order at the time of closing and in the same condition as at the time of the initial inspection by Purchaser reasonable wear and tear excepted. If if Seller fails to replace any missing appliances or personal property or dead-bolt locks that were located on the Property as of the expiration of the Inspection Period, Purchaser shall have the option of waiving such requirement, in writing, and proceeding to closing, or Purchaser may terminate this Agreement and obtain a prompt return of its deposit.