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.
Appears in 5 contracts
Samples: Agreement of Sale, Agreement of Sale, Agreement of Sale
