Common use of Rectification of Defects Clause in Contracts

Rectification of Defects. 12.1. The Purchaser shall be entitled to submit a written list listing (i) any patent defects in the Property (the "Patent Defects List") to the Seller by no later than 30 (thirty) days after the Occupation Date and (ii) any latent defects in the Property (the "Latent Defect List") to the Seller within 90 (ninety) days of the Occupation Date.