Common use of Property Maintenance Clause in Contracts

Property Maintenance. Except for ordinary wear and tear and Casualty Loss, and those repairs, 258 replacements or treatments required to be made by this Contract, Seller shall maintain the Property, including, but 259 not limited to, lawn, shrubbery, and pool, in the condition existing as of Effective Date (“Maintenance Requirement”). 260 12. PROPERTY INSPECTION AND REPAIR: 261 (a) INSPECTION PERIOD: Buyer shall have (if left blank, then 15) days after Effective Date (“Inspection 262 Period”), within which Buyer may, at Buyer’s expense, conduct “General”, “WDO”, and “Permit” Inspections 263 described below. If Buyer fails to timely deliver to Seller a written notice or report required by (b), (c), or (d) 264 below, then, except for Seller’s continuing Maintenance Requirement, Buyer shall have waived Seller’s 265 obligation(s) to repair, replace, treat or remedy the matters not inspected and timely reported. If this Contract 266 does not close, Buyer shall repair all damage to Property resulting from Buyer’s inspections, return Property to 267 its pre-inspection condition and provide Seller with paid receipts for all work done on Property upon its 268 completion. 269 (b) GENERAL PROPERTY INSPECTION AND REPAIR: 270 (i) General Inspection: Those items specified in Paragraph 12(b) (ii) below, which Seller is obligated to repair 271 or replace (“General Repair Items”) may be inspected (“General Inspection”) by a person who specializes in 272 and holds an occupational license (if required by law) to conduct home inspections or who holds a Florida 273 license to repair and maintain the items inspected (“Professional Inspector”). Buyer shall, within the Inspection 274 Period, inform Seller of any General Repair Items that are not in the condition required by (b)(ii) below by 275 delivering to Seller a written notice and upon written request by Seller a copy of the portion of Professional 276 Inspector’s written report dealing with such items.

Property Maintenance. Except for ordinary wear and tear and Casualty Loss, and those repairs, 258 201 replacements or treatments required to be made by this Contract, Seller shall maintain the Property, including, but 259 202 not limited to, lawn, shrubbery, and pool, in the condition existing as of Effective Date (“Maintenance 203 Requirement”). 260 204 12. PROPERTY INSPECTION AND REPAIR: 261 205 (a) INSPECTION PERIOD: Buyer shall have (if left blank, then 15) By the earlier of 15 days after Effective Date or 5 days prior to Closing Date 206 (“Inspection 262 Period”), within which Buyer ▇▇▇▇▇ may, at Buyer▇▇▇▇▇’s expense, conduct “General”, “WDO”, and “Permit” Inspections 263 207 described below. If Buyer fails to timely deliver to Seller a written notice or report required by (b), (c), or (d) 264 208 below, then, except for Seller’s continuing Maintenance Requirement, Buyer shall have waived Seller’s 265 209 obligation(s) to repair, replace, treat or remedy the matters not inspected and timely reported. If this Contract 266 210 does not close, Buyer shall will repair all damage to Property resulting from Buyer▇▇▇▇▇’s inspections, return Property to 267 211 its pre-inspection condition and provide Seller with paid receipts for all work done on Property upon its 268 212 completion. 269 213 (b) GENERAL PROPERTY INSPECTION AND REPAIR: 270 214 (i) General Inspection: Those items specified in Paragraph 12(b) (ii12(b)(ii) below, which Seller is obligated to repair 271 215 or replace (“General Repair Items”) may be inspected (“General Inspection”) by a person who specializes in 272 216 and holds an occupational license (if required by law) to conduct home inspections or who holds a Florida 273 217 license to repair and maintain the items inspected (“Professional Inspector”). Buyer shall, within the Inspection 274 218 Period, inform Seller of any General Repair Items that are not in the condition required by (b)(ii) below by 275 219 delivering to Seller either a written notice and upon written request by Seller or a copy of the portion of Professional 276 Inspector’s written report 220 dealing with such items.

Property Maintenance. Except for ordinary wear and tear and Casualty Loss, and those repairs, 258 273 replacements or treatments required to be made by this Contract, Seller shall maintain the Property, including, but 259 274 not limited to, lawn, shrubbery, and pool, in the condition existing as of Effective Date (“Maintenance Requirement”). 260 275 See Paragraph 9(a) for escrow procedures, if applicable. 276 12. PROPERTY INSPECTION AND REPAIR: 261 277 (a) INSPECTION PERIOD: Buyer shall have (if left blank, then 15) days after Effective Date (“Inspection 262 278 Period”), within which Buyer may, at Buyer▇▇▇▇▇’s expense, conduct “General”, “WDO”, and “Permit” Inspections 263 as 279 described below. If Buyer fails to timely deliver to Seller a written notice or report required by (b), (c), or (d) 264 280 below, then, except for Seller’s continuing Maintenance Requirement, Buyer shall have waived Seller’s 265 281 obligation(s) to repair, replace, treat or remedy the matters not inspected and timely reported. If this Contract 266 282 does not close, Buyer shall repair all damage to Property resulting from Buyer▇▇▇▇▇’s inspections, return Property to 267 283 its pre-inspection condition and provide Seller with paid receipts for all work done on Property upon its 268 284 completion. 269 285 (b) GENERAL PROPERTY INSPECTION AND REPAIR: 270 286 (i) General Inspection: Those items specified in Paragraph 12(b) (ii) below, which Seller is obligated to repair 271 287 or replace (“General Repair Items”) may be inspected (“General Inspection”) by a person who specializes in 272 288 and holds an occupational license (if required by law) to conduct home inspections or who holds a Florida 273 289 license to repair and maintain the items inspected (“Professional Inspector”). Buyer shall, within the Inspection 274 290 Period, inform Seller of any General Repair Items that are not in the condition required by (b)(ii) below by 275 291 delivering to Seller a written notice and upon written request by Seller a copy of the portion of Professional 276 292 Inspector’s written report dealing with such items.

Property Maintenance. Except for ordinary wear and tear and Casualty Loss, and those repairs, 258 replacements or treatments required to be made by this Contract, Seller shall maintain the Property, including, but 259 not limited to, lawn, shrubbery, and pool, in the condition existing as of Effective Date (“Maintenance Requirement”). 260 12. PROPERTY INSPECTION AND REPAIR: ________ 261 (a) INSPECTION PERIOD: Buyer shall have 10 (if left blank, then 15) days after Effective Date (“Inspection 262 Period”), within which Buyer may, at Buyer▇▇▇▇▇’s expense, conduct “General”, “WDO”, and “Permit” Inspections 263 described below. If Buyer fails to timely deliver to Seller a written notice or report required by (b), (c), or (d) 264 below, then, except for Seller’s continuing Maintenance Requirement, Buyer shall have waived Seller’s 265 obligation(s) to repair, replace, treat or remedy the matters not inspected and timely reported. If this Contract 266 does not close, Buyer shall repair all damage to Property resulting from Buyer▇▇▇▇▇’s inspections, return Property to 267 its pre-inspection condition and provide Seller with paid receipts for all work done on Property upon its 268 completion. 269 (b) GENERAL PROPERTY INSPECTION AND REPAIR: 270 (i) General Inspection: Those items specified in Paragraph 12(b) (ii) below, which Seller is obligated to repair 271 or replace (“General Repair Items”) may be inspected (“General Inspection”) by a person who specializes in 272 and holds an occupational license (if required by law) to conduct home inspections or who holds a Florida 273 license to repair and maintain the items inspected (“Professional Inspector”). Buyer shall, within the Inspection ________ ________ ________ ________ 274 Period, inform Seller of any General Repair Items that are not in the condition required by (b)(ii) below by 275 delivering to Seller a written notice and upon written request by Seller a copy of the portion of Professional 276 Inspector’s written report dealing with such items.

Property Maintenance. Except for ordinary wear and tear and Casualty Loss, and those repairs, 258 247 replacements or treatments required to be made by this Contract, Seller shall maintain the Property, including, but 259 248 not limited to, lawn, shrubbery, and pool, in the condition existing as of Effective Date (“Maintenance 249 Requirement”). 260 250 12. PROPERTY INSPECTION AND REPAIR: 261 251 (a) INSPECTION PERIOD: Buyer shall have _ (if left blank, then 15) days after Effective Date 252 (“Inspection 262 Period”), within which Buyer may, at Buyer’s expense, conduct “General”, “WDO”, and “Permit” 253 Inspections 263 described below. If Buyer fails to timely deliver to Seller a written notice or report required by (b), 254 (c), or (d) 264 below, then, except for Seller’s continuing Maintenance Requirement, Buyer shall have waived 255 Seller’s 265 obligation(s) to repair, replace, treat or remedy the matters not inspected and timely reported. If this 256 Contract 266 does not close, Buyer shall repair all damage to Property resulting from Buyer’s inspections, return 257 Property to 267 its pre-inspection condition and provide Seller with paid receipts for all work done on Property 258 upon its 268 completion. 269 259 (b) GENERAL PROPERTY INSPECTION AND REPAIR: 270 260 (i) General Inspection: Those items specified in Paragraph 12(b) (ii) below, which Seller is obligated to repair 271 261 or replace (“General Repair Items”) may be inspected (“General Inspection”) by a person who specializes in 272 262 and holds an occupational license (if required by law) to conduct home inspections or who holds a Florida 273 263 license to repair and maintain the items inspected (“Professional Inspector”). Buyer shall, within the Inspection 274 264 Period, inform Seller of any General Repair Items that are not in the condition required by (b)(ii) below by 275 265 delivering to Seller a written notice and upon written request by Seller a copy of the portion of Professional 276 266 Inspector’s written report dealing with such items.. 267 (ii) Property Condition: The following items shall be free of leaks, water damage or structural damage: 268 ceiling, roof (including fascia and soffits), exterior and interior walls, doors, windows, and foundation. The 269 above items together with pool, pool equipment, non-leased major appliances, heating, cooling, mechanical, 270 electrical, security, sprinkler, septic and plumbing systems and machinery, seawalls, and dockage, are, and 271 shall be maintained until Closing, in “Working Condition” (defined below). Torn screens (including pool and 272 patio screens), fogged windows, and missing roof tiles or shingles shall be repaired or replaced by Seller prior 273 to Closing. Seller is not required to repair or replace “Cosmetic Conditions” (defined below), unless the 274 Cosmetic Conditions resulted from a defect in an item Seller is obligated to repair or replace. “Working

Property Maintenance. Except for ordinary wear and tear and Casualty Loss, and those repairs, 258 201 replacements or treatments required to be made by this Contract, Seller shall maintain the Property, including, but 259 202 not limited to, lawn, shrubbery, and pool, in the condition existing as of Effective Date (“Maintenance 203 Requirement”). 260 204 12. PROPERTY INSPECTION AND REPAIR: 261 205 (a) INSPECTION PERIOD: Buyer shall have (if left blank, then 15) By the earlier of 15 days after Effective Date or 5 days prior to Closing Date 206 (“Inspection 262 Period”), within which Buyer may, at Buyer’s expense, conduct “General”, “WDO”, and “Permit” Inspections 263 207 described below. If Buyer fails to timely deliver to Seller a written notice or report required by (b), (c), or (d) 264 208 below, then, except for Seller’s continuing Maintenance Requirement, Buyer shall have waived Seller’s 265 209 obligation(s) to repair, replace, treat or remedy the matters not inspected and timely reported. If this Contract 266 210 does not close, Buyer shall will repair all damage to Property resulting from Buyer’s inspections, return Property to 267 211 its pre-inspection condition and provide Seller with paid receipts for all work done on Property upon its 268 212 completion. 269 213 (b) GENERAL PROPERTY INSPECTION AND REPAIR: 270 214 (i) General Inspection: Those items specified in Paragraph 12(b) (ii12(b)(ii) below, which Seller is obligated to repair 271 215 or replace (“General Repair Items”) may be inspected (“General Inspection”) by a person who specializes in 272 216 and holds an occupational license (if required by law) to conduct home inspections or who holds a Florida 273 217 license to repair and maintain the items inspected (“Professional Inspector”). Buyer shall, within the Inspection 274 218 Period, inform Seller of any General Repair Items that are not in the condition required by (b)(ii) below by 275 219 delivering to Seller either a written notice and upon written request by Seller or a copy of the portion of Professional 276 Inspector’s written report 220 dealing with such items.

Property Maintenance. Except for ordinary wear and tear and Casualty Loss, and those repairs, 258 replacements or treatments required to be made by this Contract, Seller shall maintain the 292 Property, including, but 259 not limited to, lawn, shrubbery, and pool, in the condition existing as of Effective Date (“AS 293 IS Maintenance Requirement”). 260 See Paragraph 9(a) for escrow procedures, if applicable. 294 12. PROPERTY INSPECTION AND REPAIRINSPECTION; RIGHT TO CANCEL: 261 295 (a) INSPECTION PERIODPROPERTY INSPECTIONS AND RIGHT TO CANCEL: Buyer shall have (if left blank, then 15) 296 days after Effective Date (“Inspection 262 Period”), ) within which to have such inspections of the Property 297 performed as Buyer may, at Buyer’s expense, conduct “General”, “WDO”, and “Permit” Inspections 263 described belowshall desire during the Inspection Period. If Buyer fails determines, in ▇▇▇▇▇’s sole 298 discretion, that the Property is not acceptable to timely deliver Buyer, Buyer may terminate this Contract by delivering 299 written notice of such election to Seller a written notice or report required by (b)prior to expiration of Inspection Period. If Buyer timely 300 terminates this Contract, (c)the Deposit paid shall be returned to Buyer, or (d) 264 belowthereupon, then, except for Seller’s continuing Maintenance RequirementBuyer and Seller shall 301 be released of all further obligations under this Contract; however, Buyer shall have waived Seller’s 265 obligation(s) to repairbe responsible for 302 prompt payment for such inspections, replacefor repair of damage to, treat or remedy and restoration of, the matters not inspected and timely reported. If this Contract 266 does not close, Buyer shall repair all damage to Property resulting 303 from Buyer’s such inspections, return Property to 267 its pre-inspection condition and shall provide Seller with paid receipts for all work done on the Property upon its 268 completion(the 304 preceding provision shall survive termination of this Contract). 269 Unless Buyer exercises the right to 305 terminate granted herein, ▇▇▇▇▇ accepts the physical condition of the Property and any violation of 306 governmental, building, environmental, and safety codes, restrictions, or requirements, but subject to 307 Seller’s continuing AS IS Maintenance Requirement, and Buyer shall be responsible for any and all 308 repairs and improvements required by Buyer’s lender. 309 (b) GENERAL PROPERTY INSPECTION AND REPAIRWALK-THROUGH INSPECTION/RE-INSPECTION: 270 On the day prior to Closing Date, or on Closing Date prior 310 to time of Closing, as specified by ▇▇▇▇▇, Buyer or ▇▇▇▇▇’s representative may perform a walk-through (iand 311 follow-up walk-through, if necessary) General Inspection: Those inspection of the Property solely to confirm that all items specified in Paragraph 12(b) (ii) below, which of Personal 312 Property are on the Property and to verify that Seller is obligated to repair 271 or replace (“General Repair Items”) may be inspected (“General Inspection”) by a person who specializes in 272 and holds an occupational license (if has maintained the Property as required by law) to conduct home inspections or who holds a Florida 273 license to repair the AS IS 313 Maintenance Requirement and maintain the items inspected (“Professional Inspector”). Buyer shall, within the Inspection 274 Period, inform Seller of any General Repair Items that are not in the condition required by (b)(ii) below by 275 delivering to Seller a written notice and upon written request by Seller a copy of the portion of Professional 276 Inspector’s written report dealing with such itemshas met all other contractual obligations.

Property Maintenance. Except for ordinary wear and tear and Casualty Loss, and those repairs, 258 replacements or treatments required to be made by this Contract, Seller shall maintain the Property, including, but 259 not limited to, lawn, shrubbery, and pool, in the condition existing as of Effective Date (“Maintenance Requirement”). 260 12. PROPERTY INSPECTION AND REPAIR: 261 (a) INSPECTION PERIOD: Buyer shall have _ (if left blank, then 15) days after Effective Date (“Inspection 262 Period”), within which Buyer may, at Buyer▇▇▇▇▇’s expense, conduct “General”, “WDO”, and “Permit” Inspections 263 described below. If Buyer fails to timely deliver to Seller a written notice or report required by (b), (c), or (d) 264 below, then, except for Seller’s continuing Maintenance Requirement, Buyer shall have waived Seller’s 265 obligation(s) to repair, replace, treat or remedy the matters not inspected and timely reported. If this Contract 266 does not close, Buyer shall repair all damage to Property resulting from Buyer▇▇▇▇▇’s inspections, return Property to 267 its pre-inspection condition and provide Seller with paid receipts for all work done on Property upon its 268 completion. 269 (b) GENERAL PROPERTY INSPECTION AND REPAIR: 270 (i) General Inspection: Those items specified in Paragraph 12(b) (ii) below, which Seller is obligated to repair 271 or replace (“General Repair Items”) may be inspected (“General Inspection”) by a person who specializes in 272 and holds an occupational license (if required by law) to conduct home inspections or who holds a Florida 273 license to repair and maintain the items inspected (“Professional Inspector”). Buyer shall, within the Inspection 274 Period, inform Seller of any General Repair Items that are not in the condition required by (b)(ii) below by 275 delivering to Seller a written notice and upon written request by Seller a copy of the portion of Professional 276 Inspector’s written report dealing with such items.

Property Maintenance. Except for ordinary wear and tear and Casualty Loss, and those repairs, 258 replacements or treatments required to be made by this Contract, Seller shall maintain the 292 Property, including, but 259 not limited to, lawn, shrubbery, and pool, in the condition existing as of Effective Date (“AS 293 IS Maintenance Requirement”). 260 See Paragraph 9(a) for escrow procedures, if applicable. 294 12. PROPERTY INSPECTION AND REPAIRINSPECTION; RIGHT TO CANCEL: 261 295 (a) INSPECTION PERIODPROPERTY INSPECTIONS AND RIGHT TO CANCEL: Buyer shall have (if left blank, then 15) 296 days after Effective Date (“Inspection 262 Period”), ) within which to have such inspections of the Property 297 performed as Buyer may, at Buyer’s expense, conduct “General”, “WDO”, and “Permit” Inspections 263 described belowshall desire during the Inspection Period. If Buyer fails determines, in Buyer’s sole 298 discretion, that the Property is not acceptable to timely deliver Buyer, Buyer may terminate this Contract by delivering 299 written notice of such election to Seller a written notice or report required by (b)prior to expiration of Inspection Period. If Buyer timely 300 terminates this Contract, (c)the Deposit paid shall be returned to Buyer, or (d) 264 belowthereupon, then, except for Seller’s continuing Maintenance RequirementBuyer and Seller shall 301 be released of all further obligations under this Contract; however, Buyer shall have waived Seller’s 265 obligation(s) to repairbe responsible for 302 prompt payment for such inspections, replacefor repair of damage to, treat or remedy and restoration of, the matters not inspected and timely reported. If this Contract 266 does not close, Buyer shall repair all damage to Property resulting 303 from Buyer’s such inspections, return Property to 267 its pre-inspection condition and shall provide Seller with paid receipts for all work done on the Property upon its 268 completion(the 304 preceding provision shall survive termination of this Contract). 269 Unless Buyer exercises the right to 305 terminate granted herein, Buyer accepts the physical condition of the Property and any violation of 306 governmental, building, environmental, and safety codes, restrictions, or requirements, but subject to 307 Seller’s continuing AS IS Maintenance Requirement, and Buyer shall be responsible for any and all 308 repairs and improvements required by Buyer’s lender. 309 (b) GENERAL PROPERTY INSPECTION AND REPAIRWALK-THROUGH INSPECTION/RE-INSPECTION: 270 On the day prior to Closing Date, or on Closing Date prior 310 to time of Closing, as specified by Buyer, Buyer or Buyer’s representative may perform a walk-through (iand 311 follow-up walk-through, if necessary) General Inspection: Those inspection of the Property solely to confirm that all items specified in Paragraph 12(b) (ii) below, which of Personal 312 Property are on the Property and to verify that Seller is obligated to repair 271 or replace (“General Repair Items”) may be inspected (“General Inspection”) by a person who specializes in 272 and holds an occupational license (if has maintained the Property as required by law) to conduct home inspections or who holds a Florida 273 license to repair the AS IS 313 Maintenance Requirement and maintain the items inspected (“Professional Inspector”). Buyer shall, within the Inspection 274 Period, inform Seller of any General Repair Items that are not in the condition required by (b)(ii) below by 275 delivering to Seller a written notice and upon written request by Seller a copy of the portion of Professional 276 Inspector’s written report dealing with such itemshas met all other contractual obligations.

Property Maintenance. Except for ordinary wear and tear and Casualty Loss, and those repairs, 258 replacements or treatments required to be made by this Contract, Seller shall maintain the Property, including, but 259 not limited to, lawn, shrubbery, and pool, in the condition existing as of Effective Date (“Maintenance Requirement”). ________ 260 12. PROPERTY INSPECTION AND REPAIR: 10 261 (a) INSPECTION PERIOD: Buyer shall have (if left blank, then 15) days after Effective Date (“Inspection 262 Period”), within which Buyer may, at Buyer▇▇▇▇▇’s expense, conduct “General”, “WDO”, and “Permit” Inspections 263 described below. If Buyer fails to timely deliver to Seller a written notice or report required by (b), (c), or (d) 264 below, then, except for Seller’s continuing Maintenance Requirement, Buyer shall have waived Seller’s 265 obligation(s) to repair, replace, treat or remedy the matters not inspected and timely reported. If this Contract 266 does not close, Buyer shall repair all damage to Property resulting from Buyer▇▇▇▇▇’s inspections, return Property to 267 its pre-inspection condition and provide Seller with paid receipts for all work done on Property upon its 268 completion. 269 (b) GENERAL PROPERTY INSPECTION AND REPAIR: 270 (i) General Inspection: Those items specified in Paragraph 12(b) (ii) below, which Seller is obligated to repair 271 or replace (“General Repair Items”) may be inspected (“General Inspection”) by a person who specializes in 272 and holds an occupational license (if required by law) to conduct home inspections or who holds a Florida 273 license to repair and maintain the items inspected (“Professional Inspector”). Buyer shall, within the Inspection ________ ________ ________ ________ 274 Period, inform Seller of any General Repair Items that are not in the condition required by (b)(ii) below by 275 delivering to Seller a written notice and upon written request by Seller a copy of the portion of Professional 276 Inspector’s written report dealing with such items.