Common use of Termites Clause in Contracts

Termites. Unless otherwise stated herein, Buyer shall have the option of obtaining, if applicable and at Buyer’s expense, a report from a licensed pest control operator on a standard form in accordance with the regulations of the North Carolina Structural Pest Control Committee, stating that there was no visible evidence of wood-destroying insects and that no visible damage therefrom was observed, or, if new construction, a new construction termite bond. All extermination required shall be paid for by the City and completed prior to closing, unless otherwise agreed upon in writing by the parties. If any structural repairs are necessary, the City shall have the option of (i) paying for them, or