Common use of Final Grading Clause in Contracts

Final Grading. The undersigned hereby acknowledges that complete engineering data in respect of the Municipally approved final grading of the Property may not, as yet, be complete and accordingly, it may not be possible to construct a Dwelling with a walk out basement or a walk out deck where so indicated in this Agreement. Alternatively, the municipality may require the construction of a walkout basement or walkout deck not contemplated by this agreement. In the event this Agreement calls for a walk out basement or a walk out deck and such is not possible, or in the event this Agreement does not call for a walk out basement or a walk out deck and such is required, pursuant to final approved grading and engineering plans, the Purchaser agrees to accept whatever changes are necessitated by the final approved grading and engineering plans. In addition the Purchaser agrees further to pay the Vendor the additional cost involved in constructing such walk out basement or walk out deck, as the case may be (such costs shall be absolutely determined by the Vendor).