Common use of INSPECTION CONTINGENCY Clause in Contracts

INSPECTION CONTINGENCY. Broker(s) recommend that Buyer conduct independent private inspection(s) of property at Buyer’s expense. Due diligence may include, but is not limited to, any inspection(s) or research deemed necessary by Buyer, including; structural integrity, condition of mechanical systems, environmental status, health or safety conditions, surveys or infestation. To ensure intended use of premises it is recommended that Buyer research: square footage; building and use restrictions; easements, ordinances; regulations; school district, and/or property tax status. If Buyer DOES NOT notify Seller, in writing, within _ __ _ calendar days from date of final acceptance of Agreement that Buyer is dissatisfied with results of due diligence, Agreement shall be binding without regard to said inspection(s). If Buyer notifies Seller, in writing and within specified time, that, in Buyer’s sole judgment, Buyer is dissatisfied with results of due diligence, Buyer shall do one, or a combination, of the following within the contingency period stated above.

Appears in 1 contract

Samples: Purchase Agreement

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INSPECTION CONTINGENCY. Broker(s) recommend that Buyer conduct independent private inspection(s) of property at Buyer’s expense. Due diligence may include, but is not limited to, any inspection(s) or research deemed necessary by Buyer, including; structural integrity, condition of mechanical systems, environmental status, health or safety conditions, surveys or infestation. To ensure intended use of premises it is recommended that Buyer research: square footage; building and use restrictions; easements, ; ordinances; regulations; school district, and/or ; and/ or property tax status. If Buyer DOES NOT notify Seller, in writing, within _ __ _ calendar days from date of final acceptance of Agreement that Buyer is dissatisfied with results of due diligence, Agreement shall be binding without regard to said inspection(s). If Buyer notifies Seller, in writing and within specified time, that, in Buyer’s sole judgmentjudgement, Buyer is dissatisfied with results of due diligence, Buyer shall do one, or a combination, of the following within the contingency period stated above.

Appears in 1 contract

Samples: Purchase Agreement

INSPECTION CONTINGENCY. Broker(s) recommend that Buyer conduct independent private inspection(s) of property at Buyer’s 's expense. Due diligence may include, but is not limited to, any inspection(s) or research deemed necessary by Buyer, including; structural integrity, condition of mechanical systems, environmental status, health or safety conditions, surveys or infestation. To ensure intended use of premises it is recommended that Buyer research: square footage; building and use restrictions; easements, ; ordinances; regulations; school district, ; and/or property tax status. If Buyer DOES NOT notify Seller, in writing, within _ __ _ calendar days from date of final acceptance of Agreement that Buyer is dissatisfied with results of due diligence, Agreement shall be binding without regard to said inspection(s). If Buyer notifies Seller, in writing and within specified time, that, in Buyer’s 's sole judgment, Buyer is dissatisfied with results of due diligence, Buyer shall do one, or a combination, of the following within the contingency period stated above.

Appears in 1 contract

Samples: Purchase Agreement

INSPECTION CONTINGENCY. Broker(s) recommend that Buyer conduct independent private inspection(s) of property at BuyerXxxxx’s expense. Due diligence may include, but is not limited to, any inspection(s) or research deemed necessary by Buyer, including; structural integrity, condition of mechanical systems, environmental status, health or safety conditions, surveys or infestation. To ensure intended use of premises it is recommended that Buyer research: square footage; building and use restrictions; easements, ; ordinances; regulations; school district, and/or ; and/ or property tax status. If Buyer DOES NOT notify Seller, in writing, within _ __ _ calendar days from date of final acceptance of Agreement that Buyer is dissatisfied with results of due diligence, Agreement shall be binding without regard to said inspection(s). If Buyer Xxxxx notifies Seller, in writing and within specified time, that, in BuyerXxxxx’s sole judgmentjudgement, Buyer Xxxxx is dissatisfied with results of due diligence, Buyer shall do one, or a combination, of the following within the contingency period stated above.

Appears in 1 contract

Samples: Purchase Agreement

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INSPECTION CONTINGENCY. Broker(s) recommend that Buyer conduct independent private inspection(s) of property at BuyerXxxxx’s expense. Due diligence may include, but is not limited to, any inspection(s) or research deemed necessary by Buyer, including; structural integrity, condition of mechanical systems, environmental status, health or safety conditions, surveys or infestation. To ensure intended use of premises it is recommended that Buyer research: square footage; building and use restrictions; easements, ordinances; regulations; school district, and/or property tax status. If Buyer Xxxxx DOES NOT notify Seller, in writing, within _ __ _ calendar days from date of final acceptance of Agreement that Buyer is dissatisfied with results of due diligence, Agreement shall be binding without regard to said inspection(s). If Buyer Xxxxx notifies Seller, in writing and within specified time, that, in BuyerXxxxx’s sole judgment, Buyer Xxxxx is dissatisfied with results of due diligence, Buyer shall do one, or a combination, of the following within the contingency period stated above.

Appears in 1 contract

Samples: Purchase Agreement

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