Common use of Termites Clause in Contracts

Termites. Buyer, at Buyer's expense, within time allowed to deliver evidence of title, may have the Property inspected by a Florida Certified Pest Control Operator ("Operator") to determine if there is any visible active termite infestation or visible damage from termite infestation in the Property. If either or both are found, Buyer will have 4 days from date of written notice thereof within which to have cost of treatment, if required, estimated by the Operator and all damage, inspected and estimated by a licensed builder or general contractor Seller shall pay valid costs of treatment and repair of all damage up to the amount provided in Paragraph XIV(a). Should estimated costs exceed that amount, Buyer shall have the option of canceling Contract within 5 days after receipt of contractor's repair estimate by giving written notice to Seller or Buyer may elect to proceed with the transaction, in which event Buyer shall receive a credit at closing of the amount provided in Paragraph XIV(a). "Termites" shall be deemed to include all wood destroying organisms required to be reported under the Florida Pest Control Act.

Termites. Buyer, at Buyer's expense, within time allowed to deliver evidence of title, may have the Property inspected by a Florida Certified Pest Control Operator ("Operator") to determine if there is any visible active termite infestation or visible damage from termite infestation in the Property. If either or both are found, Buyer will have 4 days from date of written notice thereof within which to have cost of treatment, if required, estimated by the Operator and all damage, inspected and estimated by a licensed builder or general contractor contractor. Seller shall pay valid costs of treatment and repair of all damage up to the amount provided in Paragraph XIV(a). Should estimated costs exceed that amount, Buyer shall have the option of canceling Contract within 5 days after receipt of contractor's repair estimate by giving written notice to Seller or Buyer may elect to proceed with the transaction, in . In which event Buyer shall receive a credit at closing of the amount provided in Paragraph XIV(a). "TermitesTermite" shall be deemed to include all wood destroying organisms required to be reported under the Florida Pest Control Act.