PRE-SETTLEMENT INSPECTION Sample Clauses

PRE-SETTLEMENT INSPECTION. Upon notification by Seller, Buyer and Seller shall make an inspection of the dwelling prior to settlement. At the inspection, Buyer and Seller shall complete and sign a Pre-Closing Inspection Form which shall list any items which will be completed and/or repaired within a reasonable time after settlement (the “Punchlist”). The Punchlist shall not constitute a bar to settlement, and settlement shall be held in accordance with the terms and conditions of this Agreement. Failure of Buyer to inspect on the scheduled appointment date or to complete the inspection or to sign the Punchlist shall constitute a waiver of Buyer’s right to inspect the dwelling and shall be deemed full acceptance of the dwelling by Buyer.

PRE-SETTLEMENT INSPECTION. 12.1 The Purchaser shall carry out a pre-settlement inspection of the Property prior to the Settlement date with a representative of the Vendor at a suitable time to be arranged with the Vendor. At the pre-settlement inspection, the Purchaser and Vendor’s representative shall together examine the property and all associated chattels and fixtures and shall agree on a list of any faulty materials or faulty workmanship that may be present. If, during the pre- settlement inspection, the Purchaser and the Vendor’s representative identify and agree on any faulty materials or faulty workmanship, the vendor shall rectify such faulty materials or faulty workmanship prior to or as soon as reasonably practicable following settlement of the property.

PRE-SETTLEMENT INSPECTION. Seller shall notify Purchaser not less than five (5) days prior to settlement of the date and time that the Property will be ready for inspection. Upon receipt of such notice, Purchaser shall promptly contact Seller (or Agent) and confirm the appointment for the pre-settlement inspection. Purchaser shall attend such inspection, and may also, at Purchaser=s sole election and expense, hire a private home inspector to assist with the inspection. Purchaser shall participate in developing with Seller (or its representative) a final and complete Apunch list@ on the Pre-Settlement Inspection Form attached hereto, the terms of which are incorporated herein by reference. The Pre-Settlement Inspection Form shall be executed by both Purchaser and Seller (or its representative) on the date of inspection. Seller shall correct or complete all items identified on the Pre-Settlement Inspection Form in a workmanlike manner, as soon as reasonably practicable, but in no event shall the fact that any such work remains to be completed cause any postponement of settlement or permit Purchaser to refuse to complete settlement, provided that a certificate of occupancy shall have been issued for the Condominium, including the Unit(s), by the District of Columbia government. At settlement, no funds shall be withheld from Seller or escrows established on account of any punch list items on the Pre-Settlement Inspection Form, or for any other reason or circumstance whatsoever. Failure of Purchaser to arrange a pre-settlement inspection appointment as provided herein, or to make the inspection on the appointed day and time, shall constitute full acceptance of the Property by Purchaser. Any item not listed on the Pre-Settlement Inspection Form shall be conclusively deemed fully accepted by Purchaser. Upon acceptance of the deed by Xxxxxxxxx, Xxxxxxxxx agrees to hold Seller harmless from liability for any visible defects not specifically noted on the Pre- Settlement Inspection Form.

PRE-SETTLEMENT INSPECTION. Seller shall notify Buyer in writing prior to Settlement of the time and date for Buyer's pre-Settlement orientation of the Premises (the “Orientation”). The Orientation shall be conducted during normal business hours. At the Orientation, Seller's designated representative and Buyer shall complete and sign Seller's orientation form (the "Orientation Form"). Seller's designated representative shall list on the Orientation Form those items which will be completed, repaired or replaced. Buyer's failure to inspect the Premises on a scheduled appointment date or Buyer's failure to complete the inspection and sign the Orientation Form, shall constitute a waiver of Buyer’s right to inspect the Premises, and Buyer shall accept the Premises at Settlement "AS IS" without any obligation of repair or replacement on Seller.

PRE-SETTLEMENT INSPECTION. The Buyer exercises the right of Pre-settlement inspection prior to closing, usually the evening before or morning of settlement.

PRE-SETTLEMENT INSPECTION. At any time prior to Settlement, Buyer may conduct a final pre-Settlement inspection of the Property to determine only that the Property is "as represented", meaning that the items referenced in Sections 1.1, 1.3 and 8.1(b)(ii) ("the items") are respectively present, repaired or corrected as agreed. The failure to conduct a pre-Settlement inspection or to claim that an item is not as represented shall not constitute a waiver by Buyer of the right to receive, on the date of possession, the items as represented. If the items are not as represented, Seller agrees to cause all applicable items to be corrected, repaired or replaced (the "Work") prior to the Settlement Deadline referenced in Section 24(d).