Common use of FINAL WALK-THROUGH INSPECTION Clause in Contracts

FINAL WALK-THROUGH INSPECTION. Buyer has the obligation to conduct a final walk-through to inspect the Property prior to closing to determine if the items to be repaired by Seller under Paragraphs 2(B) and 12 have been satisfied. If Buyer determines any of the following: (a) a condition under Paragraphs 2(B) and 12 has not been satisfied; (b) systems as described in the “NOTE” portion of Paragraph 12 are not functioning; or (c) new defects have arisen since Buyer's acceptance of property under Paragraph 12, then Buyer shall immediately notify Seller. If Seller refuses to pay for any repairs or correct any defects requested by Xxxxx, Xxxxx may proceed with the closing or cancel the contract and recover the xxxxxxx money, or elect to pursue any remedies that the Buyer may have at law or equity for Seller's alleged breach of Seller's obligations under the Contract. If Xxxxx fails to conduct this walk-through inspection, Seller's obligations will be deemed fulfilled. Xxxxx understands that if a real estate agent accompanies Buyer on an inspection or walk-through of the property it will be as a courtesy and not as a person qualified to detect any defects. After closing all conditions of the property are the responsibility of the Buyer unless otherwise stated within this Contract. Seller Initials Buyer Initials

FINAL WALK-THROUGH INSPECTION. Buyer has the obligation to conduct a final walk-through to inspect the Property prior to closing to determine if the items to be repaired by Seller under Paragraphs 2(B) and 12 have been satisfied. If Buyer determines any of the following: (a) a condition under Paragraphs 2(B) and 12 has not been satisfied; (b) systems as described in the “NOTE” portion of Paragraph 12 are not functioning; or (c) new defects have arisen since Buyer's acceptance of property under Paragraph 12, then Buyer shall immediately notify Seller. If Seller refuses to pay for any repairs or correct any defects requested by XxxxxBuyer, Xxxxx Buyer may proceed with the closing or cancel the contract and recover the xxxxxxx money, or elect to pursue any remedies that the Buyer may have at law or equity for Seller's alleged breach of Seller's obligations under the Contract. If Xxxxx Buyer fails to conduct this walk-through inspection, Seller's obligations will be deemed fulfilled. Xxxxx Buyer understands that if a real estate agent accompanies Buyer on an inspection or walk-through of the property it will be as a courtesy and not as a person qualified to detect any defects. After closing all conditions of the property are the responsibility of the Buyer unless otherwise stated within this Contract. Seller Initials Buyer Initials