Common use of Unit Inspection Clause in Contracts

Unit Inspection. Should Purchaser elect to have an inspection of the Unit conducted by a private licensed inspector, Seller agrees to allow access to the Unit for said inspection subject to the following terms and conditions: (i) the inspection must occur in connection with and at the same time as the orientation described in Section 12.6; (ii) a member representative of Seller will accompany the private licensed inspector to both ensure that the inspection is conducted in a safe manner and to provide feedback relating to the Unit and/or Limited Common Elements of which the inspector may or may not be aware; (iii) such inspection shall be subject to the terms of Section 12.6 above; and (iv) the inspector shall prepare an inspection report and provide a copy of the report to Seller’s representative by the end the orientation. If Seller declines to correct any substantial defective condition in the Unit noted during the inspection and substantiated by the project architect as a substantial defective condition, Purchaser may elect to terminate this Agreement and Purchaser's xxxxxxx money deposit, together with any interest earned thereon, shall be refunded. If Purchaser does not elect to terminate this Agreement, Purchaser shall be deemed to have accepted such condition.