Common use of DEFECT Defined Clause in Contracts

DEFECT Defined. Under Indiana law, "Defect" means a condition that would have a significant adverse effect on 219 the value of the Property, that would significantly impair the health or safety of future occupants of the property, or 220 that if not repaired, removed, or replaced would significantly shorten or adversely affect the expected normal life of 221 the premises.

DEFECT Defined. Under Indiana law, "Defect" means a condition that would have a significant adverse effect on 219 224 the value of the Property, that would significantly impair the health or safety of future occupants of the property, or 220 225 that if not repaired, removed, or replaced would significantly shorten or adversely affect the expected normal life of 221 226 the premises.

DEFECT Defined. Under Indiana law, "“Defect" ” means a condition that would have a significant adverse 30 effect on 219 the value of the Propertyproperty, that would significantly impair the health or safety of future occupants of 31 the property, or 220 that if not repaired, removed, or replaced replaced, would significantly shorten or adversely affect the 32 expected normal life of 221 the premises.