Common use of Optional Provisions Clause in Contracts

Optional Provisions. The provisions in this Item 23, IF INITIALED BY BUYER are included in this Agreement. 23-A. [ ] [ ] PEST CONTROL INSPECTION. Inspection to be paid for by ▇▇▇▇▇, Seller. The main building and all struc- tures on the property to be inspected by a licensed pest control operator, the inspection to be completed within days of acceptance. Seller to pay for : (1) elimination of infestation and/or infection of wood-destroying pests or organisms; (2) repair of damage caused by such infestation and/or infection; (3) correction of conditions which caused said damage; and (4) repair of plumbing and other leaks and repair of damage caused by such leaks. Seller will not be responsible for preventive work where no damage is found, except where required for FHA or VA financing. ▇▇▇▇▇▇ agrees to pay an amount NOT to exceed $ If the inspecting pest control operator recommends further inspection of inaccessible areas, Buyer may require that said areas Buyer [ ] [ ] and Seller [ ] [ ] have read this page. Page 3 of 7 Property Address be inspected. If any infestation or infection is discovered by such inspection, the additional cost of such inspection and additional required work will be paid by Seller to the limit set for th above. If no such infestation or infection is discovered, the additional cost of inspecting such inaccessible areas and the work required to return the property to its or iginal condition will be paid by Buyer.

Optional Provisions. The provisions in this Item 23, IF INITIALED BY BUYER are included in this Agreement. 23-A. [ ] [ ] PEST CONTROL INSPECTION. Inspection to be paid for by ▇▇▇▇▇, Seller. The main building and all struc- tures on the property to be inspected by a licensed pest control operator, the inspection to be completed within days of acceptance. Seller to pay for : (1) elimination of infestation and/or infection of wood-destroying pests or organisms; (2) repair of damage caused by such infestation and/or infection; (3) correction of conditions which caused said damage; and (4) repair of plumbing and other leaks and repair of damage caused by such leaks. Seller will not be responsible for preventive work where no damage is found, except where required for FHA or VA financing. ▇▇▇▇▇▇ agrees to pay an amount NOT to exceed $ If the inspecting pest control operator recommends further inspection of inaccessible areas, Buyer may require that said areas Buyer [ ] [ ] and Seller [ ] [ ] have read this page. Page 3 CAUTION: The copyright laws of 7 the United States forbid the unauthorized reproduction of this form by any means including scanning or computerized formats. FORM 101-R.3 NEV (03-2002) Property Address be inspected. If any infestation or infection is discovered by such inspection, the additional cost of such inspection and additional required work will be paid by Seller to the limit set for th above. If no such infestation or infection is discovered, the additional cost of inspecting such inaccessible areas and the work required to return the property to its or iginal condition will be paid by Buyer.