Common use of WELL TEST Clause in Contracts

WELL TEST. The BUYERS must choose one of the following alternatives relative to a well test: 1) ❑ SELLERS represent and warrant to BUYERS that the Property is not served by a well, and there are no known ▇▇▇▇▇ on the Property. 2) ❑ SELLERS, at SELLERS’ expense, shall provide BUYERS, within days after acceptance of this offer, a report issued by the county health department, or a qualified testing service, indicating the location of any well on the Property and that water from each well (1) is safe for its intended use and (2) is in sufficient quantity for its intended use. If BUYERS receive an unsatisfactory report, the basis for which cannot be resolved between BUYERS and SELLERS within days of receipt thereof, then upon written notice from BUYERS to SELLERS, this agreement shall be null and void and all ▇▇▇▇▇▇▇ money paid shall be returned to BUYERS.