Common use of Basement Clause in Contracts

Basement. Seller will remedy conditions of water actually trickling through walls or seeping through the floors for one (1) year. Should a water trickling or seepage problem occur, Seller shall correct the problem in whatever manner it deems appropriate in its sole discretion including, but not limited to, the installation of a sump pump. It is not possible to keep concrete from cracking, due to the nature of the material. Shrinkage cracks are not unusual and are inherent in the curing process. Seller shall not be required to repair any cracks in foundation walls, unless they are greater than ¼” in width or they are actually allowing water to leak into the basement. In such even Seller shall repair such non-structural cracks that are not leaking by surface patching. Seller shall repair cracks that are leaking by injecting a water-proofing material into the crack. Damp basement walls or floors in a new Unit is common and is typically caused by condensation. Seller shall not be responsible for the installation of a dehumidifier that may be necessary to reduce such condensation. Seller shall not be responsible for leaks caused by improper landscaping installed by Xxxxx and/or the Wenham Pines Condominium Trust (the “Trust”) or by the failure of the Buyer and/or the Trust to maintain positive drainage away from the foundation. Leaking caused by rainfall greater than three inches in one occurrence, or by the equivalent in melting snow is excluded from the provisions of this Limited Warranty.

Appears in 2 contracts

Samples: www.wenhampines.com, www.wenhampines.com

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Basement. Seller will remedy conditions of water actually trickling through walls or seeping through the floors for one (1) year. Should a water trickling or seepage problem occur, Seller shall correct the problem in whatever manner it deems appropriate in its sole discretion including, but not limited to, the installation of a sump pump. It is not possible to keep concrete from cracking, due to the nature of the material. Shrinkage cracks are not unusual and are inherent in the curing process. Seller shall not be required to repair any cracks in foundation walls, unless they are greater than ¼” in width or they are actually allowing water to leak into the basement. In such even Seller shall repair such non-structural cracks that are not leaking by surface patching. Seller shall repair cracks that are leaking by injecting a water-proofing material into the crack. Damp basement walls or floors in a new Unit is common and is typically caused by condensation. Seller shall not be responsible for the installation of a dehumidifier that may be necessary to reduce such condensation. Seller shall not be responsible for leaks caused by improper landscaping installed by Xxxxx Buyer and/or the Wenham Pines Condominium Trust (the “Trust”) or by the failure of the Buyer and/or the Trust to maintain positive drainage away from the foundation. Leaking caused by rainfall greater than three inches in one occurrence, or by the equivalent in melting snow is excluded from the provisions of this Limited Warranty.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement

Basement. Seller will remedy conditions of water actually trickling through walls or seeping through the floors for one (1) year. Should a water trickling or seepage problem occur, Seller shall correct the problem in whatever manner it deems appropriate in its sole discretion including, but not limited to, the installation of a sump pump. It is not possible to keep concrete from cracking, due to the nature of the material. Shrinkage cracks are not unusual and are inherent in the curing process. Seller shall not be required to repair any cracks in foundation walls, unless they are greater than ¼” 1/4" in width or they are actually allowing water to leak into the basement. In such even event, Seller shall repair such non-structural cracks that are not leaking by surface patching. Seller shall repair cracks that are leaking by injecting a water-proofing material into the crack. Damp basement walls or floors in a new Unit home is common and is typically caused by condensation. Seller shall not be responsible for the installation of a dehumidifier that may be necessary to reduce such condensation. Seller shall not be responsible for leaks caused by improper landscaping installed by Xxxxx and/or the Wenham Pines Condominium Trust (the “Trust”) or by the failure of the Buyer and/or the Trust to maintain positive drainage away from the foundation. Leaking caused by rainfall greater than three inches in one occurrence, or by the equivalent in melting snow snow, is excluded from the provisions of this Limited Warranty.

Appears in 1 contract

Samples: villageatshepleyhill.com

Basement. Seller will remedy conditions of water actually trickling through walls or seeping through the floors for one (1) year. Should a water trickling or seepage problem occur, Seller shall correct the problem in whatever manner it deems appropriate in its sole discretion including, but not limited to, the installation of a sump pump. It is not possible to keep concrete from cracking, due to the nature of the material. Shrinkage cracks are not unusual and are inherent in the curing process. Seller shall not be required to repair any cracks in foundation walls, unless they are greater than ¼” 1/4" in width or they are actually allowing water to leak into the basement. In such even event, Seller shall repair such non-structural cracks that are not leaking by surface patching. Seller shall repair cracks that are leaking by injecting a water-proofing material into the crack. Damp basement walls or floors in a new Unit home is common and is typically caused by condensation. Seller shall not be responsible for the installation of a dehumidifier that may be necessary to reduce such condensation. Seller shall not be responsible for leaks caused by improper landscaping installed by Xxxxx Buyer and/or the Wenham Pines Condominium Trust (the “Trust”) or by the failure of the Buyer and/or the Trust to maintain positive drainage away from the foundation. Leaking caused by rainfall greater than three inches in one occurrence, or by the equivalent in melting snow snow, is excluded from the provisions of this Limited Warranty.

Appears in 1 contract

Samples: Purchase and Sale Agreement

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Basement. Seller will remedy conditions of water actually trickling through walls or seeping through the floors for one (1) year. Should a water trickling or seepage problem occur, Seller shall correct the problem in whatever manner it deems appropriate in its sole discretion including, but not limited to, the installation of a sump pump. It is not possible to keep concrete from cracking, due to the nature of the material. Shrinkage cracks are not unusual and are inherent in the curing process. Seller shall not be required to repair any cracks in foundation walls, unless they are greater than ¼” in width or they are actually allowing water to leak into the basement. In such even event Seller shall repair such non-structural cracks that are not leaking by surface patching. Seller shall repair cracks that are leaking by injecting a water-proofing material into the crack. Damp basement walls or floors in a new Unit is common and is typically caused by condensation. Seller shall not be responsible for the installation of a dehumidifier that may be necessary to reduce such condensation. Seller shall not be responsible for leaks caused by improper landscaping installed by Xxxxx Buyer and/or the Wenham Pines Condominium Trust (the “Trust”) or by the failure of the Buyer and/or the Trust to maintain positive drainage away from the foundation. Leaking caused by rainfall greater than three inches in one occurrence, or by the equivalent in melting snow is excluded from the provisions of this Limited Warranty.

Appears in 1 contract

Samples: Purchase and Sale Agreement

Basement. Seller will remedy conditions of water actually trickling through walls or seeping through the floors for one (1) year. Should a water trickling or seepage problem occur, Seller shall correct the problem in whatever manner it deems appropriate in its sole discretion including, but not limited to, the installation of a sump pump. It is not possible to keep concrete from cracking, due to the nature of the material. Shrinkage cracks are not unusual and are inherent in the curing process. Seller shall not be required to repair any cracks in foundation walls, unless they are greater than ¼” 1/4" in width or they are actually allowing water to leak into the basement. In such even event, Seller shall repair such non-structural cracks that are not leaking by surface patching. Seller shall repair cracks that are leaking by injecting a water-proofing material into the crack. Damp basement walls or floors in a new Unit home is common and is typically caused by condensation. Seller shall not be responsible for the installation of a dehumidifier that may be necessary to reduce such condensation. Seller shall not be responsible for leaks caused by improper landscaping installed by Xxxxx and/or the Wenham Pines Condominium Trust (the “Trust”) or by the failure of the Buyer and/or the Trust to maintain positive drainage away from the foundation. Leaking caused by rainfall greater than three inches in one occurrence, or by the equivalent in melting snow snow, is excluded from the provisions of this Limited Warranty.

Appears in 1 contract

Samples: Purchase and Sale Agreement

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