Common use of Right to Inspect Property Clause in Contracts

Right to Inspect Property. Upon the prior written consent of Seller, which consent shall not be unreasonably withheld, and subject to the terms herein, Buyer and/or Buyer’s representatives shall have the right to enter Property at Buyer’s expense and at reasonable times (including immediately prior to closing) to thoroughly inspect, examine, test, appraise and survey Property. Upon the completion of the improvements on the Property, Seller shall cause all utility services and any pool, spa, and similar items to be operational so that Buyer may complete all inspections under this Agreement. Buyer agrees to hold Seller and all Brokers harmless from all claims, injuries, and damages arising out of or relating to the exercise of these rights. Buyer shall have the right to request that Seller repair and/or replace within a reasonable time prior to closing only defects in Property identified by Buyer’s representative(s). The term “defects” shall mean any portion of or an item in Property which: (1) is a defect under the Residential Construction Performance Guidelines published by the National Association of Home Builders, a copy of which is incorporated herein by reference; (2) constitutes a non-grandfathered violation of applicable laws or governmental codes or regulations; (3) has not been completed or constructed in substantial accordance with the Plans and Specifications for Property; or (4) is a defect as that term is defined in any warranty provided by Seller. Seller agrees to correct any defects in a good and workmanlike manner prior to closing.

Appears in 4 contracts

Samples: New Construction Purchase and Sale Agreement, New Construction Purchase and Sale Agreement, New Construction Purchase and Sale Agreement

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