Common use of Construction Matters Clause in Contracts

Construction Matters. The Purchaser agrees to meet the Vendor’s representative at the time designated by the Vendor prior to the Closing Date, to inspect the Property and to list all items remaining uncompleted at the time of such inspection together with all mutually agreed deficiencies with respect to the Property, on the Tarion Warranty Corporation (formerly the ONHWP) Certificate of Completion and Possession, in the form prescribed from time to time by, and required to be completed pursuant to the provisions of the Ontario New Home Warranties Plan Act, as amended, and the regulations made pursuant thereto (hereinafter referred to as “Tarion”). The said certificate shall be executed by both the Purchaser and the Vendor’s representative forthwith after such inspection, and THE SAID CERTIFICATE SHALL CONSTITUTE THE VENDOR’S ONLY UNDERTAKING WITH RESPECT TO INCOMPLETE OR DEFICIENT WORK.