Common use of STATUS OF IMPROVEMENTS Clause in Contracts

STATUS OF IMPROVEMENTS. The improvements on the Property are (check one): Completed at the time of Contract. To be completed in accordance with the plans, specifications and allowances, which, if not attached, shall be delivered to the Buyer, in care of Buyer’s Broker, if applicable, within five (5) days of the Time Reference Date. Buyer shall have five (5) days from receipt to review the plans, specifications, allowances and square footage computations. If Buyer, or Buyer’s Broker, if applicable, does not provide written notice of cancellation to Seller, in care of Seller’s Broker, if applicable, within twenty-four (24) hours after expiration of this review period, Buyer shall be deemed to have accepted the plans, specifications, allowances and square footage computations.

Appears in 9 contracts

Samples: oklahoma.gov, oklahoma.gov, oklahoma.gov

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