This agreement is conditional on an Inspection being carried out by an independent building inspector, and a report, satisfactory to the purchaser.
Building Inspection: ( When you want vendor to remedy)
This agreement is conditional upon the Purchaser being satisfied within (5) working days of the date of this agreement with a builders report on the subject property. Should the Purchaser be dissatisfied with matters contained in the report then the purchaser must provide a copy of the report to the Vendor giving rise to the said defect(s). Upon receiving notice from the Purchaser of the said defect(s) the Vendor shall advise the Purchaser within (2) working days whether or not the Vendor is prepared to remedy the said defect(s). In the event of the Vendor agreeing to remedy to said defect(s) then the Vendor warrants the said defect(s) will be corrected prior to settlement in accordance with the local authority’s requirements and at the Vendor expense. If the Vendor fails to respond or advise the Purchaser within the said (2) days that the Vendor will not remedy the said defect(s) then the Purchaser shall be entitled at the Purchasers discretion by notice in writing to the Vendor to cancel this agreement. Failing the giving of such notice to the Vendor the Purchaser shall be deemed to have accepted such said defect(s)”.