Seller to provide Copies of Finals:
1. This contract is subject to and conditional on the Seller providing to the Buyer copies of all building inspection reports, final certificates and local authority approvals for all Improvements on the Property (hereinafter referred to as the “documents”) prior to settlement.
2. In the event that the Seller does not provide the documents prior to Settlement, or the documents are not satisfactory to the Buyer, in the Buyer’s absolute discretion, the Buyer may terminate this contract by notice, given in accordance with the Terms of Contract, to the Seller and this contract shall be at an end and the Deposit must be promptly refunded to the Buyer without deduction.
3. The Seller acknowledges that this special condition is for the benefit of the Buyer only and may only be waived or exercised by the Buyer
Finals Being Issued :
This contract is subject to and conditional upon the Buyer being satisfied prior to Settlement, in the Buyer’s absolute discretion, that all final inspections and local authority approvals have been obtained for all the improvements on the Property. In the event that the Buyer is not so satisfied, the Buyer may, at the Buyer’s election;
1. terminate this contract by notice, given in accordance with the Terms of Contract, to the Seller and the contract shall be at an end and the deposit must be promptly refunded to the Buyer without deduction; OR
2. require the Seller to do all necessary works in a proper and workmanlike manner, in a manner satisfactory to the Buyer in the Buyer’s absolute discretion, complete all necessary paperwork and pay all fees and obtain all such final inspections and local authority approvals for all improvements on the Property prior to Settlement.
3. In the event that the Buyer is not so satisfied with the works, then the Buyer may terminate this contract and the contract shall be at an end without default and the deposit must be promptly refunded to the Buyer without deduction.
The Seller hereby acknowledges that this special condition is for the benefit of the Buyer only and may only be waived or exercised by the Buyer.
Approval of Improvements:
1. If the Buyer establishes that prior to completion of this Contract all permissions, consents and approvals required from the local government or other body having jurisdiction for the construction of improvements on the land, have not been obtained or, having been obtained have not been fully complied with, the Buyer may terminate the Contract by notice in writing to the Seller on or before the settlement date;
1.2 If the Buyer terminates the Contract under the above special condition, the deposit must be refunded to the Buyer without deduction.