Common use of Certificate of Completion and Possession Clause in Contracts

Certificate of Completion and Possession. 6.3.1 The Purchaser agrees to meet the Vendor’s representative prior to the Closing Date to inspect and to list all items remaining uncompleted at the time of such inspection and mutually agreed deficiencies in the dwelling, on the Vendor’s certificate, which certificate shall be executed by both the Purchaser and the Vendor’s representative forthwith after such inspection, and shall constitute the Vendor’s only undertaking with respect to incomplete or deficient work or in respect of any aspect of the construction of the dwelling (the "Pre-delivery Inspection Form"). The Purchaser further agrees that the Vendor shall have the right to enter upon the Property after the Closing Date, if necessary, in order to complete such items as are included in the Pre-delivery Inspection Form. Such work shall be completed by the Vendor within a reasonable time after the Closing Date, having regard to weather conditions and the availability of supplies and labour. The Purchaser acknowledges and agrees that no further request for completion or correction of items may be maintained by the Purchaser, and this shall serve as a good and sufficient release of the Vendor in that regard.

Appears in 6 contracts

Samples: paradisedevelopments.com, paradisedevelopments.com, Agreement of Purchase and Sale

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Certificate of Completion and Possession. 6.3.1 The Purchaser agrees to meet the Vendor’s representative prior to the Closing Date to inspect and to list all items remaining uncompleted at the time of such inspection and mutually agreed deficiencies in the dwelling, on the Vendor’s certificate, which certificate shall be executed by both the Purchaser and the Vendor’s representative forthwith after such inspection, and shall constitute the Vendor’s only undertaking with respect to incomplete or deficient work or in respect of any aspect of the construction of the dwelling (the "Pre-delivery Inspection Form")dwelling. The Purchaser further agrees that the Vendor shall have the right to enter upon the Property property after the Closing DateClosing, if necessary, in order to complete such items as are included in the Pre-delivery Inspection FormCompletion Certificate. Such work shall be completed by the Vendor within a reasonable time after the Closing DateClosing, having regard to weather conditions and the availability of supplies and labour. The Purchaser acknowledges and agrees that no further request for completion or correction of items may be maintained by the Purchaser, and this shall serve as a good and sufficient release of the Vendor in that regard.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale, Agreement of Purchase and Sale

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Certificate of Completion and Possession. 6.3.1 The Purchaser agrees to meet the Vendor’s representative prior to the Closing Date to inspect and to list all items remaining uncompleted at the time of such inspection and mutually agreed deficiencies in the dwelling, on the Vendor’s certificate, which certificate shall be executed by both the Purchaser and the Vendor’s representative forthwith after such inspection, and shall constitute the Vendor’s only undertaking with respect to incomplete or deficient work or in respect of any aspect of the construction of the dwelling (the "Pre-delivery Inspection Form"). The Purchaser further agrees that the Vendor shall have the right to enter upon the Property after the Closing Date, if necessary, in order to complete such items as are included in the Pre-delivery Inspection Form. Such work shall be completed by the Vendor within a reasonable time after the Closing Date, having regard to weather conditions and the availability of supplies and labour. The Purchaser acknowledges and agrees that no further request for completion or correction of items may be maintained by the Purchaser, and this shall serve as a good and sufficient release of the Vendor in that regard.. DRAFT

Appears in 1 contract

Samples: paradisedev.buildersappointmentsystem.com

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