Common use of HOUSE INSPECTION Clause in Contracts

HOUSE INSPECTION. In the event PURCHASER shall seek to have conducted a home and/or termite inspection, same should be accomplished on or before and SELLER's attorneys shall be notified in writing or by facsimile transmission within three (3) business days thereafter if there are any objectionable conditions which PURCHASER request to be corrected. Upon receipt of such notice by XXXXXX's attorneys, SELLER shall have three (3) business days to notify PURCHASER whether SELLER agrees to make such repairs or refuses to do the requested repairs. In the event SELLER refuses to make such repairs, PURCHASER shall have three (3) additional business days to notify SELLER's attorney that PURCHASER elects to cancel this Contract of Sale. In the event of such cancellation, SELLER's attorneys shall forthwith, subject to clearance of PURCHASER's down payment check, return the down payment to PURCHASER's attorney, made payable to PURCHASER. In the event that PURCHASER does not cancel this Contract, as provided in this Paragraph, then, and in that event, this Contract shall be deemed to be in full force and effect with no responsibility on the part of SELLER to make the repairs originally requested by PURCHASER.

Appears in 3 contracts

Samples: Real Estate Purchase Agreement, Real Estate Purchase Agreement, Real Estate Purchase Agreement

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HOUSE INSPECTION. a) In the event PURCHASER shall seek to have conducted a home and/or termite inspection, same should be accomplished on or before   and SELLER's attorneys shall be notified in writing or by facsimile transmission within three (3) business days thereafter if there are any objectionable conditions which PURCHASER request to be corrected. Upon receipt of such notice by XXXXXX's attorneys, SELLER shall have three (3) business days to notify PURCHASER whether SELLER agrees to make such repairs or refuses to do the requested repairs. In the event SELLER refuses to make such repairs, PURCHASER shall have three (3) additional business days to notify SELLER's attorney that PURCHASER elects to cancel this Contract of Sale. In the event of such cancellation, SELLER's attorneys shall forthwith, subject to clearance of PURCHASER's down payment check, return the down payment to PURCHASER's attorney, made payable to PURCHASER. In the event that PURCHASER does not cancel this Contract, as provided in this Paragraph, then, and in that event, this Contract shall be deemed to be in full force and effect with no responsibility on the part of SELLER to make the repairs originally requested by PURCHASER.

Appears in 1 contract

Samples: Real Estate Purchase Agreement

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