Pre-Closing Inspection Clause Samples
The Pre-Closing Inspection clause grants the buyer the right to examine the property shortly before the closing date to ensure it remains in the agreed-upon condition. Typically, this inspection allows the buyer to verify that any required repairs have been completed and that no new damage or issues have arisen since the initial agreement. Its core function is to protect the buyer by confirming the property's condition before finalizing the transaction, thereby reducing the risk of unexpected problems after closing.
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Pre-Closing Inspection. Buyer shall have the right to inspect the property within 48 hours before the time of closing, and Seller agrees that all utilities shall be on at that time. Seller shall continue to maintain the property in the condition existing as of acceptance including, but not limited to, utility service continuation, lawn and landscaping care, and snow plowing, subject to reasonable use, wear, tear and natural deterioration between the date hereof and the closing.
Pre-Closing Inspection. Prior to the Closing, ▇▇▇▇▇▇▇▇▇ agrees to participate in one walk-through of the Property (“Walk-Through”) with Seller’s representative in order to compile a list of items the parties mutually agree need correction, which are apparent at the time of inspection (“Walk-Through List”), which Walk-Through List shall be signed by both Purchaser and Seller. If Purchaser fails or refuses to complete the Walk-Through or to sign the Walk- Through List, or to have Purchaser’s designee do so on Purchaser’s behalf prior to Closing, Seller may either designate a qualified third party, who is not an agent or employee of Seller, to complete the inspection on Purchaser’s behalf before the Closing, or, at Purchaser’s election, Purchaser may waive, in writing, Purchaser’s right to participate in the inspection (“Walk- ThroughWaiver”). Items of uncompleted construction, which do not materially affect occupancy, shall notprovide a basis for Purchaser to cancel this Agreement, withhold funds at the Closing, or delay the Closing. Seller will endeavor to complete the items on the Walk-Through List at Seller’s expense within the later to occur of sixty (60) working days after preparation of the Walk-Through List orsixty (60) working days after the date of Closing, subject to extension for such period as Seller is delayed for reasons outside of its control. Purchaser understands that paving, exterior cement work, landscaping and final exterior finish may not be completed when a temporary or conditional certificate of occupancy is issued and that Seller will complete such paving, exterior cement workor landscaping and final exterior finish work as soon as practicable thereafter.
Pre-Closing Inspection. The Buyer and Seller will schedule a Pre-Closing Inspection of the Unit at least ten (10) business days prior to closing. The intent of the Pre-Closing Inspection is to establish an Initial List of Punch-List items that need to be addressed as outlined under the Service Procedure section of this Limited Warranty which once corrected will then be the responsibility of the Unit owner.
Pre-Closing Inspection. Buyer, or their chosen representative, has the right to inspect the property at a reasonable hour within 48 hours prior to the transfer of title to ascertain there has been no material change in the condition of the property and included items from contract. Seller shall leave premises in broom clean condition and be promptly notified of any problems discovered.
Pre-Closing Inspection. Purchaser and/or a representative shall be given the right of inspection of the property, at a reasonable hour, within 48 hours prior to transfer of title.
Pre-Closing Inspection. At its discretion, the Lender shall have completed a pre-closing inspection of the Property satisfactory to Lender.
Pre-Closing Inspection. Prior to the applicable Closing, Seller shall afford Buyer and its Representatives reasonable access to each of the Tower Sites to ensure that Seller has complied with its obligations set forth in Section 6.5.
Pre-Closing Inspection. Buyer shall have the right to inspect the property within 48 hours before the time of closing.
Pre-Closing Inspection. Notwithstanding the occurrence of the Contingency Date, Buyer may upon notice in compliance with Section 9.1, inspect the Property at any time during the seven (7) day period prior to Closing to determine whether the condition of the Property conforms to the requirements of Section 9.3.
Pre-Closing Inspection. Prior to Closing, representatives of the parties shall inspect the Entire Tract excepting the Settled Lots to determine (i) the condition of the Site Improvements installed by Seller and note any repairs to be made thereto, (ii) stage of completion of the WIP Lots and Affordable Lots under construction so that the proper amount of Construction Costs can be allocated to such Unit and reimbursed to Seller at Closing, (iii) the stage of completion of the Site Improvements, and (iv) the general state of improvements constructed by Seller. At such inspection, Buyer and Seller shall detail these items on a written inspection report, to be signed by Buyer and Seller.