Common use of Inspection by Buyer Clause in Contracts

Inspection by Buyer. After Substantial Completion Date, Buyer and/or Buyer’s designated inspector/representative, while accompanied by a Seller’s representative, shall completely inspect the improvements ("Improvements"). Within 24 hours of Buyer’s inspection, Buyer shall submit a written list of matters which Buyer reasonably deems to be incomplete or defective, hereinafter referred to as the “Punch List”. Said Punch List is to be given to the Smithbilt representative to be uploaded to the My Home Portal. Any and all items needing to be addressed must be listed on the My Home Portal or they will not be addressed. Items listed on any other forms will not precede My Home, this includes, but not limited to, home inspection reports or TAR forms. Subject to Seller’s acceptance, Seller shall diligently attempt to complete or repair items identified on the Punch List prior to the Closing Date. If the reasonable cost of completion of the Punch List items exceeds $5,000.00, the job shall not be deemed to be substantially complete. In the event Seller does not agree with Buyer’s Punch List items, the parties agree to negotiate in good faith to resolve such disagreement. No changes to the Punch List may be made after its initial submission to Seller. Said Punch List must be signed by Buyer prior to closing acknowledging all Punch List items have been addressed. If Buyer proceeds with closing without signing the Punch List, the Punch List is hereby deemed agreed to and acceptable to Buyer. If Buyer subsequently discovers any matter s/he believes incomplete or defective, Buyer may identify such defects to Seller for repair under the Builder’s Limited Warranty as provided in Paragraph 15 below.

Inspection by Buyer. After Substantial Completion Date, Buyer and/or Buyer’s designated inspector/representative, while accompanied by a Seller’s representative, shall completely inspect the improvements ("Improvements"). Within 24 hours of Buyer’s inspection, Buyer shall submit a written list of matters which Buyer reasonably deems to be incomplete or defective, hereinafter referred to as the “Punch List”. Said Punch List is to be given to the Smithbilt representative to be uploaded to the My Home Portal. Any and all items needing to be addressed must be listed on the My Home Portal or they will not be addressed. Items listed on any other forms will not precede My Home, this includes, but not limited to, home inspection reports or TAR forms. Subject to Seller’s acceptance, Seller shall diligently attempt to complete or repair items identified on the Punch List prior to the Closing Date. If the reasonable cost of completion of the Punch List items exceeds $5,000.00, the job shall not be deemed to be substantially complete. In the event Seller does not agree with Buyer’s Punch List items, the parties agree to negotiate in good faith to resolve such disagreement. No changes to the Punch List may be made after its initial submission to Seller. Said Punch List must be signed by Buyer prior to closing acknowledging all Punch List items have been addressed. If Buyer proceeds with closing without signing the Punch List, the Punch List is hereby deemed agreed to and acceptable to Buyer. If Buyer subsequently discovers any matter s/he believes incomplete or defective, Buyer may identify such defects to Seller for repair under the Builder’s Limited Warranty as provided in Paragraph 15 Section 17 below.

Inspection by Buyer. After Substantial Completion Date, Buyer and/or BuyerXxxxx’s designated inspector/representative, while accompanied by a Seller’s representative, shall completely inspect the improvements ("Improvements"). Within 24 hours of Buyer’s inspection, Buyer shall submit a written list of matters which Buyer reasonably deems to be incomplete or defective, hereinafter referred to as the “Punch List”. Said Punch List is to be given to the Smithbilt Sky Castle representative to be uploaded to the My Home Portal. Any and all items needing to be addressed must be listed on the My Home Portal or they will not be addressed. Items listed on any other forms will not precede My Home, this includes, but not limited to, home inspection reports or TAR forms. Subject to Seller’s acceptance, Seller shall diligently attempt to complete or repair items identified on the Punch List prior to the Closing Date. If the reasonable cost of completion of the Punch List items exceeds $5,000.00, the job shall not be deemed to be substantially complete. In the event Seller does not agree with BuyerXxxxx’s Punch List items, the parties agree to negotiate in good faith to resolve such disagreement. No changes to the Punch List may be made after its initial submission to Seller. Said Punch List must be signed by Buyer prior to closing acknowledging all Punch List items have been addressed. If Buyer Xxxxx proceeds with closing without signing the Punch List, the Punch List is hereby deemed agreed to and acceptable to Buyer. If Buyer Xxxxx subsequently discovers any matter s/he believes incomplete or defective, Buyer may identify such defects to Seller for repair under the Builder’s Limited Warranty as provided in Paragraph 15 Section 17 below.

Inspection by Buyer. After Substantial Completion Date, Buyer and/or BuyerXxxxx’s designated inspector/representative, while accompanied by a Seller’s representative, shall completely inspect the improvements ("Improvements"). Within 24 hours of Buyer’s inspection, Buyer shall submit a written list of matters which Buyer reasonably deems to be incomplete or defective, hereinafter referred to as the “Punch List”. Said Punch List is to be given to the Smithbilt representative to be uploaded to the My Home Portal. Any and all items needing to be addressed must be listed on the My Home Portal or they Seller’s walk-thru form that will not be addressedprovided to Buyer. Items listed on any other forms will not precede My HomeSeller’s Punch List form, this includes, but not limited to, home inspection reports or reports, TAR formsform. Subject to Seller’s acceptance, Seller shall diligently attempt to complete or repair items identified on the Punch List prior to the Closing Date. If the reasonable cost of completion of the Punch List items exceeds $5,000.00, the job shall not be deemed to be substantially complete. In the event Seller does not agree with BuyerXxxxx’s Punch List items, the parties agree to negotiate in good faith to resolve such disagreement. No changes to the Punch List may be made after its initial submission to Seller. Said Punch List must be signed by Buyer prior to closing acknowledging all Punch List items have been addressed. If Buyer Xxxxx proceeds with closing without signing the Punch List, the Punch List is hereby deemed agreed to and acceptable to Buyer. If Buyer Xxxxx subsequently discovers any matter s/he believes incomplete or defective, Buyer may identify such defects to Seller for repair under the Builder’s Limited Warranty as provided in Paragraph 15 below.

Inspection by Buyer. After Substantial Completion Date, Buyer and/or Buyer’s designated inspector/representative, while accompanied by a Seller’s representative, shall completely inspect the improvements ("Improvements"). Within 24 hours of Buyer’s inspection, Buyer shall submit a written list of matters which Buyer reasonably deems to be incomplete or defective, hereinafter referred to as the “Punch List”. Said Punch List is to be given to the Smithbilt representative to be uploaded to the My Home Portal. Any and all items needing to be addressed must be listed on the My Home Portal or they Seller’s walk-thru form that will not be addressedprovided to Buyer. Items listed on any other forms will not precede My HomeSeller’s Punch List form, this includes, but not limited to, home inspection reports or reports, TAR formsform. Subject to Seller’s acceptance, Seller shall diligently attempt to complete or repair items identified on the Punch List prior to the Closing Date. If the reasonable cost of completion of the Punch List items exceeds $5,000.00, the job shall not be deemed to be substantially complete. In the event Seller does not agree with Buyer’s Punch List items, the parties agree to negotiate in good faith to resolve such disagreement. No changes to the Punch List may be made after its initial submission to Seller. Said Punch List must be signed by Buyer prior to closing acknowledging all Punch List items have been addressed. If Buyer proceeds with closing without signing the Punch List, the Punch List is hereby deemed agreed to and acceptable to Buyer. If Buyer subsequently discovers any matter s/he believes incomplete or defective, Buyer may identify such defects to Seller for repair under the Builder’s Limited Warranty as provided in Paragraph 15 below.

Inspection by Buyer. After Within 10 days after Substantial Completion Date, Buyer and/or Buyer’s designated inspector/representative, while accompanied by a Seller’s representativeSmithbilt Representative, shall completely inspect the improvements ("Improvements"). Within 24 hours of Buyer’s Following the inspection, Buyer shall submit a written list of matters which Buyer reasonably deems to be incomplete or defective, hereinafter referred to as the “Punch List”. Said Punch List is to be given to the Smithbilt representative to be uploaded to the My Home Portal. Any and all items needing to be addressed must be listed on the My Home Portal or they will not be addressed. Items listed on any other forms will not precede My Home, this includes, but not limited to, home inspection reports or TAR forms. Subject to Seller’s acceptance, Seller shall diligently attempt to complete or repair items identified on the Punch List within prior to the Closing Date. If the reasonable cost of completion of the Punch List items exceeds $5,000.00, the job shall not be deemed to be substantially complete. In the event Seller does not agree with Buyer’s Punch List items, the parties agree to negotiate in good faith to resolve such disagreement. No changes to the Punch List may be made after its initial submission to Seller. Said Punch List must be signed by Buyer prior to closing acknowledging all Punch List items have been addressed. If Buyer proceeds with closing without signing the Punch List, the Punch List is hereby deemed agreed to and acceptable to Buyer. If Buyer subsequently discovers any matter s/he believes incomplete or defective, Buyer may identify such defects to Seller for repair under the Builder’s Limited Warranty as provided in Paragraph 15 below. Said Punch List must be signed by Buyer prior to closing acknowledging all Punch List items have been addressed. If Buyer proceeds with closing without signing Punch List, Punch List is hereby deemed agreed to and acceptable to Buyer.