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Fill and Sign the Termite Report Provision for Contract for the Sale and Purchase of Real Property 497330964 Form

Fill and Sign the Termite Report Provision for Contract for the Sale and Purchase of Real Property 497330964 Form

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Termite Report Provision for Contract for the Sale and Purchase of Real Property A termite inspection shall be made of the building on property on or before __________________ (date by which inspection to be completed) by a licensed pest control operator, and a report shall be secured from the operator. If the report shows that any work is required to chemically treat the building or repair any damage to the building caused by termites or other wood-destroying pests, the work shall promptly be performed at the expense of seller, who shall also pay for the inspection and report. If the report shows that property is free from any infestation or threat of infestation from termites or any other wood-destroying pest, the operator shall execute a certificate to that effect. Purchaser shall accept the certificate as proof of property's freedom from infestation or threat of infestation, and shall pay for the inspection, report, and certificate. If, however, the estimated cost of the work exceeds $______________ (dollar amount of cost of work) , Seller may, at Seller ' s , option rescind and terminate the Contract of Sale . Such work shall be done to the satisfaction of the pest control operator who conducted the inspection and made the report, and the pest control operator's certificate to that effect shall be executed and held in escrow pending transfer of title and possession.

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