Common use of Property Maintenance Clause in Contracts

Property Maintenance. Except for ordinary wear and tear and Casualty Loss, and those repairs, 201 replacements or treatments required to be made by this Contract, Seller shall maintain the Property, including, but 202 not limited to, lawn, shrubbery, and pool, in the condition existing as of Effective Date (“Maintenance 203 Requirement”). 204 12. PROPERTY INSPECTION AND REPAIR: 205 (a) INSPECTION PERIOD: By the earlier of 15 days after Effective Date or 5 days prior to Closing Date 206 (“Inspection Period”), Buyer may, at Buyer’s expense, conduct “General”, “WDO”, and “Permit” Inspections 207 described below. If Buyer fails to timely deliver to Seller a written notice or report required by (b), (c), or (d) 208 below, then, except for Seller’s continuing Maintenance Requirement, Buyer shall have waived Seller’s 209 obligation(s) to repair, replace, treat or remedy the matters not inspected and timely reported. If this Contract 210 does not close, Buyer will repair all damage to Property resulting from Buyer’s inspections, return Property to 211 its pre-inspection condition and provide Seller with paid receipts for all work done on Property upon its 212 completion. 213 (b) GENERAL PROPERTY INSPECTION AND REPAIR: 214 (i) General Inspection: Those items specified in Paragraph 12(b)(ii) below, which Seller is obligated to repair 215 or replace (“General Repair Items”) may be inspected (“General Inspection”) by a person who specializes in 216 and holds an occupational license (if required by law) to conduct home inspections or who holds a Florida 217 license to repair and maintain the items inspected (“Professional Inspector”). Buyer shall, within the Inspection 218 Period, inform Seller of any General Repair Items that are not in the condition required by (b)(ii) below by 219 delivering to Seller either a written notice or a copy of the portion of Professional Inspector’s written report 220 dealing with such items.

Appears in 3 contracts

Samples: floridafutureagents.com, hounchellrealestate.com, wfgunderwriting.com

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Property Maintenance. Except for ordinary wear and tear and Casualty Loss, and those repairs, 201 258 replacements or treatments required to be made by this Contract, Seller shall maintain the Property, including, but 202 259 not limited to, lawn, shrubbery, and pool, in the condition existing as of Effective Date (“Maintenance 203 Requirement”). 204 260 12. PROPERTY INSPECTION AND REPAIR: 205 261 (a) INSPECTION PERIOD: By the earlier of 15 Buyer shall have (if left blank, then 15) days after Effective Date or 5 days prior to Closing Date 206 (“Inspection 262 Period”), within which Buyer may, at Buyer’s expense, conduct “General”, “WDO”, and “Permit” Inspections 207 263 described below. If Buyer fails to timely deliver to Seller a written notice or report required by (b), (c), or (d) 208 264 below, then, except for Seller’s continuing Maintenance Requirement, Buyer shall have waived Seller’s 209 265 obligation(s) to repair, replace, treat or remedy the matters not inspected and timely reported. If this Contract 210 266 does not close, Buyer will shall repair all damage to Property resulting from Buyer’s inspections, return Property to 211 267 its pre-inspection condition and provide Seller with paid receipts for all work done on Property upon its 212 268 completion. 213 269 (b) GENERAL PROPERTY INSPECTION AND REPAIR: 214 270 (i) General Inspection: Those items specified in Paragraph 12(b)(ii12(b) (ii) below, which Seller is obligated to repair 215 271 or replace (“General Repair Items”) may be inspected (“General Inspection”) by a person who specializes in 216 272 and holds an occupational license (if required by law) to conduct home inspections or who holds a Florida 217 273 license to repair and maintain the items inspected (“Professional Inspector”). Buyer shall, within the Inspection 218 274 Period, inform Seller of any General Repair Items that are not in the condition required by (b)(ii) below by 219 275 delivering to Seller either a written notice or and upon written request by Seller a copy of the portion of Professional 276 Inspector’s written report 220 dealing with such items.

Appears in 2 contracts

Samples: www.homewisefl.com, pdf4pro.com

Property Maintenance. Except for ordinary wear and tear and Casualty Loss, and those repairs, 201 replacements or treatments required to be made by this Contract, Seller shall maintain the Property, including, but 202 not limited to, lawn, shrubbery, and pool, in the condition existing as of Effective Date (“Maintenance 203 Requirement”). 204 12. PROPERTY INSPECTION AND REPAIR: 205 (a) INSPECTION PERIOD: By the earlier of 15 days after Effective Date or 5 days prior to Closing Date 206 (“Inspection Period”), Buyer Xxxxx may, at BuyerXxxxx’s expense, conduct “General”, “WDO”, and “Permit” Inspections 207 described below. If Buyer fails to timely deliver to Seller a written notice or report required by (b), (c), or (d) 208 below, then, except for Seller’s continuing Maintenance Requirement, Buyer shall have waived Seller’s 209 obligation(s) to repair, replace, treat or remedy the matters not inspected and timely reported. If this Contract 210 does not close, Buyer will repair all damage to Property resulting from BuyerXxxxx’s inspections, return Property to 211 its pre-inspection condition and provide Seller with paid receipts for all work done on Property upon its 212 completion. 213 (b) GENERAL PROPERTY INSPECTION AND REPAIR: 214 (i) General Inspection: Those items specified in Paragraph 12(b)(ii) below, which Seller is obligated to repair 215 or replace (“General Repair Items”) may be inspected (“General Inspection”) by a person who specializes in 216 and holds an occupational license (if required by law) to conduct home inspections or who holds a Florida 217 license to repair and maintain the items inspected (“Professional Inspector”). Buyer shall, within the Inspection 218 Period, inform Seller of any General Repair Items that are not in the condition required by (b)(ii) below by 219 delivering to Seller either a written notice or a copy of the portion of Professional Inspector’s written report 220 dealing with such items.

Appears in 2 contracts

Samples: hounchellrealestate.com, wfgunderwriting.com

Property Maintenance. Except for ordinary wear and tear and Casualty Loss, and those repairs, 201 258 replacements or treatments required to be made by this Contract, Seller shall maintain the Property, including, but 202 259 not limited to, lawn, shrubbery, and pool, in the condition existing as of Effective Date (“Maintenance 203 Requirement”). 204 ________ 260 12. PROPERTY INSPECTION AND REPAIR: 205 10 261 (a) INSPECTION PERIOD: By the earlier of 15 Buyer shall have (if left blank, then 15) days after Effective Date or 5 days prior to Closing Date 206 (“Inspection 262 Period”), within which Buyer may, at BuyerXxxxx’s expense, conduct “General”, “WDO”, and “Permit” Inspections 207 263 described below. If Buyer fails to timely deliver to Seller a written notice or report required by (b), (c), or (d) 208 264 below, then, except for Seller’s continuing Maintenance Requirement, Buyer shall have waived Seller’s 209 265 obligation(s) to repair, replace, treat or remedy the matters not inspected and timely reported. If this Contract 210 266 does not close, Buyer will shall repair all damage to Property resulting from BuyerXxxxx’s inspections, return Property to 211 267 its pre-inspection condition and provide Seller with paid receipts for all work done on Property upon its 212 268 completion. 213 269 (b) GENERAL PROPERTY INSPECTION AND REPAIR: 214 270 (i) General Inspection: Those items specified in Paragraph 12(b)(ii12(b) (ii) below, which Seller is obligated to repair 215 271 or replace (“General Repair Items”) may be inspected (“General Inspection”) by a person who specializes in 216 272 and holds an occupational license (if required by law) to conduct home inspections or who holds a Florida 217 273 license to repair and maintain the items inspected (“Professional Inspector”). Buyer shall, within the Inspection 218 ________ ________ ________ ________ 274 Period, inform Seller of any General Repair Items that are not in the condition required by (b)(ii) below by 219 275 delivering to Seller either a written notice or and upon written request by Seller a copy of the portion of Professional 276 Inspector’s written report 220 dealing with such items.

Appears in 1 contract

Samples: Purchase and Sale Agreement

Property Maintenance. Except for ordinary wear and tear and Casualty Loss, and those repairs, 201 247 replacements or treatments required to be made by this Contract, Seller shall maintain the Property, including, but 202 248 not limited to, lawn, shrubbery, and pool, in the condition existing as of Effective Date (“Maintenance 203 249 Requirement”). 204 250 12. PROPERTY INSPECTION AND REPAIR: 205 251 (a) INSPECTION PERIOD: By the earlier of 15 Buyer shall have _ (if left blank, then 15) days after Effective Date or 5 days prior to Closing Date 206 252 (“Inspection Period”), within which Buyer may, at Buyer’s expense, conduct “General”, “WDO”, and “Permit” 253 Inspections 207 described below. If Buyer fails to timely deliver to Seller a written notice or report required by (b), 254 (c), or (d) 208 below, then, except for Seller’s continuing Maintenance Requirement, Buyer shall have waived 255 Seller’s 209 obligation(s) to repair, replace, treat or remedy the matters not inspected and timely reported. If this 256 Contract 210 does not close, Buyer will shall repair all damage to Property resulting from Buyer’s inspections, return 257 Property to 211 its pre-inspection condition and provide Seller with paid receipts for all work done on Property 258 upon its 212 completion. 213 259 (b) GENERAL PROPERTY INSPECTION AND REPAIR: 214 260 (i) General Inspection: Those items specified in Paragraph 12(b)(ii12(b) (ii) below, which Seller is obligated to repair 215 261 or replace (“General Repair Items”) may be inspected (“General Inspection”) by a person who specializes in 216 262 and holds an occupational license (if required by law) to conduct home inspections or who holds a Florida 217 263 license to repair and maintain the items inspected (“Professional Inspector”). Buyer shall, within the Inspection 218 264 Period, inform Seller of any General Repair Items that are not in the condition required by (b)(ii) below by 219 265 delivering to Seller either a written notice or and upon written request by Seller a copy of the portion of Professional 266 Inspector’s written report 220 dealing with such items.. 267 (ii) Property Condition: The following items shall be free of leaks, water damage or structural damage: 268 ceiling, roof (including fascia and soffits), exterior and interior walls, doors, windows, and foundation. The 269 above items together with pool, pool equipment, non-leased major appliances, heating, cooling, mechanical, 270 electrical, security, sprinkler, septic and plumbing systems and machinery, seawalls, and dockage, are, and 271 shall be maintained until Closing, in “Working Condition” (defined below). Torn screens (including pool and 272 patio screens), fogged windows, and missing roof tiles or shingles shall be repaired or replaced by Seller prior 273 to Closing. Seller is not required to repair or replace “Cosmetic Conditions” (defined below), unless the 274 Cosmetic Conditions resulted from a defect in an item Seller is obligated to repair or replace. “Working

Appears in 1 contract

Samples: eforms.com

Property Maintenance. Except for ordinary wear and tear and Casualty Loss, and those repairs, 201 258 replacements or treatments required to be made by this Contract, Seller shall maintain the Property, including, but 202 259 not limited to, lawn, shrubbery, and pool, in the condition existing as of Effective Date (“Maintenance 203 Requirement”). 204 260 12. PROPERTY INSPECTION AND REPAIR: 205 ________ 261 (a) INSPECTION PERIOD: By the earlier of 15 Buyer shall have 10 (if left blank, then 15) days after Effective Date or 5 days prior to Closing Date 206 (“Inspection 262 Period”), within which Buyer may, at BuyerXxxxx’s expense, conduct “General”, “WDO”, and “Permit” Inspections 207 263 described below. If Buyer fails to timely deliver to Seller a written notice or report required by (b), (c), or (d) 208 264 below, then, except for Seller’s continuing Maintenance Requirement, Buyer shall have waived Seller’s 209 265 obligation(s) to repair, replace, treat or remedy the matters not inspected and timely reported. If this Contract 210 266 does not close, Buyer will shall repair all damage to Property resulting from BuyerXxxxx’s inspections, return Property to 211 267 its pre-inspection condition and provide Seller with paid receipts for all work done on Property upon its 212 268 completion. 213 269 (b) GENERAL PROPERTY INSPECTION AND REPAIR: 214 270 (i) General Inspection: Those items specified in Paragraph 12(b)(ii12(b) (ii) below, which Seller is obligated to repair 215 271 or replace (“General Repair Items”) may be inspected (“General Inspection”) by a person who specializes in 216 272 and holds an occupational license (if required by law) to conduct home inspections or who holds a Florida 217 273 license to repair and maintain the items inspected (“Professional Inspector”). Buyer shall, within the Inspection 218 ________ ________ ________ ________ 274 Period, inform Seller of any General Repair Items that are not in the condition required by (b)(ii) below by 219 275 delivering to Seller either a written notice or and upon written request by Seller a copy of the portion of Professional 276 Inspector’s written report 220 dealing with such items.

Appears in 1 contract

Samples: cribflyer-assets.imgix.net

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Property Maintenance. Except for ordinary wear and tear and Casualty Loss, and those repairs, 201 replacements or treatments required to be made by this Contract, Seller shall maintain the 240 Property, including, but 202 not limited to, lawn, shrubbery, and pool, in the condition existing as of Effective Date (“AS 241 IS Maintenance 203 Requirement”). 204 242 12. PROPERTY INSPECTION AND REPAIRINSPECTION; RIGHT TO CANCEL: 205 243 (a) INSPECTION PERIODPROPERTY INSPECTIONS AND RIGHT TO CANCEL: By the earlier of 15 Buyer shall have (if left blank, then 15) 244 days after Effective Date or 5 days prior to Closing Date 206 (“Inspection Period”), ) within which to have such inspections of the Property 245 performed as Buyer may, at Buyer’s expense, conduct “General”, “WDO”, and “Permit” Inspections 207 described belowshall desire during the Inspection Period. If Buyer fails determines, in Xxxxx’s sole 246 discretion, that the Property is not acceptable to timely deliver Buyer, Buyer may terminate this Contract by 247 delivering written notice of such election to Seller a written notice or report required by (b)prior to expiration of Inspection Period. If Buyer 248 timely terminates this Contract, (c)the Deposit paid shall be returned to Buyer, or (d) 208 belowthereupon, then, except for Seller’s continuing Maintenance RequirementBuyer and 249 Seller shall be released of all further obligations under this Contract; however, Buyer shall have waived Seller’s 209 obligation(s) to repairbe 250 responsible for prompt payment for such inspections, replacefor repair of damage to, treat or remedy and restoration of, the matters not inspected and timely reported. If this Contract 210 does not close, Buyer will repair all damage to 251 Property resulting from Buyer’s such inspections, return Property to 211 its pre-inspection condition and shall provide Seller with paid receipts for all work done 252 on the Property upon its 212 completion(the preceding provision shall survive termination of this Contract). 213 Unless Buyer 253 exercises the right to terminate granted herein, Xxxxx accepts the physical condition of the Property 254 and any violation of governmental, building, environmental, and safety codes, restrictions, or 255 requirements, but subject to Seller’s continuing AS IS Maintenance Requirement, and Buyer shall be 256 responsible for any and all repairs and improvements required by Xxxxx’s lender. 257 (b) GENERAL PROPERTY INSPECTION AND REPAIRWALK-THROUGH INSPECTION/RE-INSPECTION: 214 On the day prior to Closing Date, or on Closing Date 258 prior to time of Closing, as specified by Xxxxx, Buyer or Xxxxx’s representative may perform a walk-through 259 (iand follow-up walk-through, if necessary) General Inspection: Those inspection of the Property solely to confirm that all items specified in Paragraph 12(b)(ii) below, which of 260 Personal Property are on the Property and to verify that Seller is obligated to repair 215 or replace (“General Repair Items”) may be inspected (“General Inspection”) by a person who specializes in 216 and holds an occupational license (if has maintained the Property as required by law) to conduct home inspections or who holds a Florida 217 license to repair the 261 AS IS Maintenance Requirement and maintain the items inspected (“Professional Inspector”). Buyer shall, within the Inspection 218 Period, inform Seller of any General Repair Items that are not in the condition required by (b)(ii) below by 219 delivering to Seller either a written notice or a copy of the portion of Professional Inspector’s written report 220 dealing with such itemshas met all other contractual obligations.

Appears in 1 contract

Samples: moradpa.com

Property Maintenance. Except for ordinary wear and tear and Casualty Loss, and those repairs, 201 replacements or treatments required to be made by this Contract, Seller shall maintain the 240 Property, including, but 202 not limited to, lawn, shrubbery, and pool, in the condition existing as of Effective Date (“AS 241 IS Maintenance 203 Requirement”). 204 242 12. PROPERTY INSPECTION AND REPAIRINSPECTION; RIGHT TO CANCEL: 205 243 (a) INSPECTION PERIODPROPERTY INSPECTIONS AND RIGHT TO CANCEL: By the earlier of 15 Buyer shall have 5 (if left blank, then 15) 244 days after Effective Date or 5 days prior to Closing Date 206 (“Inspection Period”), ) within which to have such inspections of the Property 245 performed as Buyer may, at Buyer’s expense, conduct “General”, “WDO”, and “Permit” Inspections 207 described belowshall desire during the Inspection Period. If Buyer fails determines, in Buyer’s sole 246 discretion, that the Property is not acceptable to timely deliver Buyer, Buyer may terminate this Contract by 247 delivering written notice of such election to Seller a written notice or report required by (b)prior to expiration of Inspection Period. If Buyer 248 timely terminates this Contract, (c)the Deposit paid shall be returned to Buyer, or (d) 208 belowthereupon, then, except for Seller’s continuing Maintenance RequirementBuyer and 249 Seller shall be released of all further obligations under this Contract; however, Buyer shall have waived Seller’s 209 obligation(s) to repairbe 250 responsible for prompt payment for such inspections, replacefor repair of damage to, treat or remedy and restoration of, the matters not inspected and timely reported. If this Contract 210 does not close, Buyer will repair all damage to 251 Property resulting from Buyer’s such inspections, return Property to 211 its pre-inspection condition and shall provide Seller with paid receipts for all work done 252 on the Property upon its 212 completion(the preceding provision shall survive termination of this Contract). 213 Unless Buyer 253 exercises the right to terminate granted herein, Buyer accepts the physical condition of the Property 254 and any violation of governmental, building, environmental, and safety codes, restrictions, or 255 requirements, but subject to Seller’s continuing AS IS Maintenance Requirement, and Buyer shall be 256 responsible for any and all repairs and improvements required by Buyer’s lender. 257 (b) GENERAL PROPERTY INSPECTION AND REPAIRWALK-THROUGH INSPECTION/RE-INSPECTION: 214 On the day prior to Closing Date, or on Closing Date 258 prior to time of Closing, as specified by Buyer, Buyer or Buyer’s representative may perform a walk-through 259 (iand follow-up walk-through, if necessary) General Inspection: Those inspection of the Property solely to confirm that all items specified in Paragraph 12(b)(ii) below, which of 260 Personal Property are on the Property and to verify that Seller is obligated to repair 215 or replace (“General Repair Items”) may be inspected (“General Inspection”) by a person who specializes in 216 and holds an occupational license (if has maintained the Property as required by law) to conduct home inspections or who holds a Florida 217 license to repair the 261 AS IS Maintenance Requirement and maintain the items inspected (“Professional Inspector”). Buyer shall, within the Inspection 218 Period, inform Seller of any General Repair Items that are not in the condition required by (b)(ii) below by 219 delivering to Seller either a written notice or a copy of the portion of Professional Inspector’s written report 220 dealing with such itemshas met all other contractual obligations.

Appears in 1 contract

Samples: www.flipnexperts.com

Property Maintenance. Except for ordinary wear and tear and Casualty Loss, and those repairs, 201 replacements or treatments required to be made by this Contract, Seller shall maintain the 292 Property, including, but 202 not limited to, lawn, shrubbery, and pool, in the condition existing as of Effective Date (“AS 293 IS Maintenance 203 Requirement”). 204 See Paragraph 9(a) for escrow procedures, if applicable. 294 12. PROPERTY INSPECTION AND REPAIRINSPECTION; RIGHT TO CANCEL: 205 295 (a) INSPECTION PERIODPROPERTY INSPECTIONS AND RIGHT TO CANCEL: By the earlier of 15 Buyer shall have (if left blank, then 15) 296 days after Effective Date or 5 days prior to Closing Date 206 (“Inspection Period”), ) within which to have such inspections of the Property 297 performed as Buyer may, at Buyer’s expense, conduct “General”, “WDO”, and “Permit” Inspections 207 described belowshall desire during the Inspection Period. If Buyer fails determines, in Buyer’s sole 298 discretion, that the Property is not acceptable to timely deliver Buyer, Buyer may terminate this Contract by delivering 299 written notice of such election to Seller a written notice or report required by (b)prior to expiration of Inspection Period. If Buyer timely 300 terminates this Contract, (c)the Deposit paid shall be returned to Buyer, or (d) 208 belowthereupon, then, except for Seller’s continuing Maintenance RequirementBuyer and Seller shall 301 be released of all further obligations under this Contract; however, Buyer shall have waived Seller’s 209 obligation(s) to repairbe responsible for 302 prompt payment for such inspections, replacefor repair of damage to, treat or remedy and restoration of, the matters not inspected and timely reported. If this Contract 210 does not close, Buyer will repair all damage to Property resulting 303 from Buyer’s such inspections, return Property to 211 its pre-inspection condition and shall provide Seller with paid receipts for all work done on the Property upon its 212 completion(the 304 preceding provision shall survive termination of this Contract). 213 Unless Buyer exercises the right to 305 terminate granted herein, Buyer accepts the physical condition of the Property and any violation of 306 governmental, building, environmental, and safety codes, restrictions, or requirements, but subject to 307 Seller’s continuing AS IS Maintenance Requirement, and Buyer shall be responsible for any and all 308 repairs and improvements required by Buyer’s lender. 309 (b) GENERAL PROPERTY INSPECTION AND REPAIRWALK-THROUGH INSPECTION/RE-INSPECTION: 214 On the day prior to Closing Date, or on Closing Date prior 310 to time of Closing, as specified by Buyer, Buyer or Buyer’s representative may perform a walk-through (iand 311 follow-up walk-through, if necessary) General Inspection: Those inspection of the Property solely to confirm that all items specified in Paragraph 12(b)(ii) below, which of Personal 312 Property are on the Property and to verify that Seller is obligated to repair 215 or replace (“General Repair Items”) may be inspected (“General Inspection”) by a person who specializes in 216 and holds an occupational license (if has maintained the Property as required by law) to conduct home inspections or who holds a Florida 217 license to repair the AS IS 313 Maintenance Requirement and maintain the items inspected (“Professional Inspector”). Buyer shall, within the Inspection 218 Period, inform Seller of any General Repair Items that are not in the condition required by (b)(ii) below by 219 delivering to Seller either a written notice or a copy of the portion of Professional Inspector’s written report 220 dealing with such itemshas met all other contractual obligations.

Appears in 1 contract

Samples: berlinpatten.com

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