Common use of TERMITE INSPECTION Clause in Contracts

TERMITE INSPECTION. Buyers at their expense may have the Property inspected for termites or other wood destroying insects by a licensed pest inspector prior to closing. If active infestation or damage due to prior infestation is discovered, Sellers shall have the option of either having the Property treated for infestation by a licensed pest exterminator and having any damage repaired to the Buyers' satisfaction, or declaring this Agreement null and void and returning all monies to Buyers. This provision shall not apply to fences, trees, shrubs or outbuildings other than garages. Buyers may accept the Property in its existing condition without such treatment or repairs.

Appears in 2 contracts

Samples: Contract for Real Estate, Contract for Real Estate

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TERMITE INSPECTION. Buyers Buyer(s), at their expense may shall have the Property property inspected for termites or other wood destroying insects by a licensed pest inspector prior to closing. If active infestation or damage due to prior infestation is discovered, Sellers Seller(s), shall have the option of either having have the Property property treated for infestation by a licensed pest exterminator and having any damage repaired repaired, OR canceling this Agreement. Buyer(s) agree(s) to accept the Buyers' satisfaction, or declaring this Agreement null property after treatment and void and returning all monies to Buyersrepairs. This provision shall not apply to fences, trees, shrubs or outbuildings other than garages. Buyers Provided however, Buyer(s) may accept the Property this property in its existing condition without such treatment or repairs.

Appears in 2 contracts

Samples: Purchase Agreement, Purchase Agreement

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