Common use of Substantial Completion; Delivery of Possession Clause in Contracts

Substantial Completion; Delivery of Possession. Contractor’s Project Manager will do a walk through with Buyer one (1) to five (5) days prior to closing to create a mutually agreed upon and reasonable punch list (the “Punch List”), which Punch List shall include blue tape or mobile pictures indicating any defects provided, however, that Contractor shall not be responsible for any painting of painting touch-ups after final walk through. Contractor is not responsible for any Radon levels in home and shall be held harmless for any radon related issues, post-closing. Contractor suggests buyer to test and install radon mitigation system immediately if necessary. Any incomplete items not done prior to closing shall be identified by the parties in the Punch List, as agreed to by Buyer and Contractor and signed by them. If Buyer and Contractor cannot agree on what items are reasonable and included in the Punch List, the brokers involved in the transaction shall select a mutually agreeable builder to make such decision and their decision shall be final. All agreeable Punch List items shall be completed by Contractor within fourteen (14) days of written notice thereof.

Appears in 2 contracts

Samples: Home Construction Contract, Home Construction Contract

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Substantial Completion; Delivery of Possession. Contractor or Contractor’s Project Manager Real Estate agent will do a walk through with Buyer one (1) to five (5) days prior to closing to create a mutually agreed upon and reasonable punch list (the “Punch List”), which Punch List shall include blue tape or mobile pictures indicating any defects provided, however, that Contractor shall not be responsible for any painting of painting touch-ups after final walk through. .Contractor is not responsible for any Radon levels in home and shall be held harmless for any radon related issues, post-closing. Contractor suggests buyer to test and install radon mitigation system immediately if necessary. Any incomplete items not done prior to closing shall be identified by the parties in the Punch List, as agreed to by Buyer and Contractor and signed by them. If Buyer and Contractor cannot agree on what items are reasonable and included in the Punch List, the brokers involved invloved in the transaction shall select a mutually agreeable builder builders to make such decision and their decision shall be final. All agreeable Punch List items shall be completed by Contractor within fourteen fourten (14) days of written notice thereof.

Appears in 1 contract

Samples: Home Construction Contract

Substantial Completion; Delivery of Possession. Contractor’s Project Manager will do a walk through with Buyer one (1) to five (5) days prior to closing to create a mutually agreed upon and reasonable punch list (the “Punch List”), which Punch List shall include blue tape or mobile pictures indicating any defects provided, however, that Contractor shall not be responsible for any painting of painting touch-ups after final walk through. .Contractor is not responsible for any Radon levels in home and shall be held harmless for any radon related issues, post-closing. Contractor suggests buyer to test and install radon mitigation system immediately if necessary. Any incomplete items not done prior to closing shall be identified by the parties in the Punch List, as agreed to by Buyer and Contractor and signed by them. If Buyer and Contractor cannot agree on what items are reasonable and included in the Punch List, the brokers involved invloved in the transaction shall select a mutually agreeable builder to make such decision and their decision shall be final. All agreeable Punch List items shall be completed by Contractor within fourteen fourten (14) days of written notice thereof.

Appears in 1 contract

Samples: Home Construction Contract

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Substantial Completion; Delivery of Possession. Contractor’s Project Manager will do a walk through with Buyer one (1) to five (5) days prior to closing to create a mutually agreed upon and reasonable punch list (the “Punch List”), which Punch List shall include blue tape or mobile pictures indicating any defects provided, however, that Contractor shall not be responsible for any painting of painting touch-ups after final walk through. Contractor is not responsible for any Radon levels in home and shall be held harmless for any radon related issues, post-closing. Contractor suggests buyer to test and install radon mitigation system immediately if necessary. Any incomplete items not done prior to closing shall be identified by the parties in the Punch List, as agreed to by Buyer and Contractor and signed by them. If Buyer and Contractor cannot agree on what items are reasonable and included in the Punch List, the brokers involved in the transaction shall select a mutually agreeable builder to make such decision and their decision shall be final. All agreeable Punch List items shall be completed by Contractor within fourteen (14) days of written notice thereof.

Appears in 1 contract

Samples: Home Construction Contract

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